This is long overdue. Lesley Fair, an attorney who works for the Federal Trade Commission (FTC), wants you to report any potential fraudulent activity you feel your franchisor has engaged in. In other words, if you feel...
Franchise Purchasing
Joel Libava
Should Your Franchise/Small Business Be An S Corp?
These days, it’s pretty common to set up an S Corp for a franchise, or other small business. For instance, my small business is an S-Corp. And thanks to my friend, Sue, I had it changed from an LLC years ago. And...
Choosing A Franchise To Invest In: The Do’s and Don’ts
Before I teach you the do’s and don’ts of choosing the best franchise to invest in, I want to share something my dad told me. Dad: “There’s a right way and a wrong way to do this, Joel.”...
I Was Booted Off Twitter, And The Timing Couldn’t Be Better
I joined Twitter in 2007. I was suspended from Twitter in 2023. And? Why I Was Suspended from Twitter I was booted off Twitter for not following their rules. What rules? I’m not sure. The company didn’t...
How Do You Cultivate a Winning Entrepreneurial Mindset?
To help you cultivate a winning entrepreneurial mindset, the team at Featured has gathered fourteen insightful responses from CEOs, entrepreneurs, and other industry leaders. Here are their thoughts, in order: Take the...
Top 15 Questions To Ask A Franchisor
Do you know what questions to ask a franchisor? If so, if you feel confident that you know exactly what questions you’re going to ask the Franchise Development Representative at headquarters, you can skip this...
GoDog Goes Big
GoDog, a new pet franchise, has entered the market. And the company is actively pursuing nationwide expansion, with a focus on key target markets across the US. One more thing: Amy Nichols, a pet industry veteran, just...
From Start-Up To Success: Your Franchise Business Journey
Let’s talk about your potential franchise business journey. From my strategic partner, Franchise Direct: “The franchise owner journey is unique because there’s flexibility and a structure to guide your way...
The Sizzling Potential Of A Yellowstone Franchise Restaurant
Taylor Sheridan may or may not be interested in adding a chain of franchise restaurants to his massive Yellowstone television series franchise. But if he was, I have an idea on what it would should look like. But first...
Use ROBS Franchise Finance Option To Fund Your New Business
ROBS? Who the heck is that? It’s the name of a guy I know who specializes in franchise finance options. He’s nice, too. STOP I’m kidding. ROBS isn’t some guy I know. Instead… Don’t...
“Would It Be Risky For Me To Buy A Franchise?”
The young man from Portland, Oregon I talked with wanted to own his own business. And with only $110,000 to his name (which he didn’t want to lose), he felt that buying a franchise would pose less of a risk. But...
Mod Pizza Franchise Review: Costs And More!
Here’s my Mod Pizza franchise review, including the Mod Pizza franchise cost. Learn all about this hot pizza chain that started in Seattle, Washington. The Mod Pizza Franchise: Who Are The Owners? The owners, Scott and...
33 Great Ideas For a Small Business You Can Start Today
Check out this list of business opportunities. Actually, a list of 33 great small business ideas. If possible, examine each one of the small business opportunities below with an open mind, because all of them have the...
Why You Need To Change How You Analyze Franchise Earnings Claims
It’s great when you run across six-figure franchise earnings claims online. Almost makes you want to buy that franchise. Especially when it reads like this: 1-800-Paint-It Revenue: $587,335 EBITA—-$280,404...
When A Franchise Business Consultant Says This, Run Like Hell
You’re not going to believe what this franchise business consultant just wrote. Are you ready? From A Franchise Business Consultant Here’s what she said. “I am here to give franchisee candidates impartial, expert advice...
15 Key Questions To Ask Franchisees Before Buying a Franchise (+7 New Questions Added!)
There are lots of questions to ask franchisees before buying a franchise. And doing so is a huge part of any serious research. Correction. Asking questions of franchise owners is the most important part of franchise...
The Franchise King’s Review of Crumbl Cookies (Cost And Opportunity, With A Video Update)
Here’s my Crumbl Cookies franchise review, including cost, detailed information about the concept and more. It includes an updated video on this growing dessert franchise business opportunity. Let’s find out if a...
My Thoughts About Franchising Opportunity Reviews
My thoughts on franchise opportunity reviews are way different than others in the franchise industry. First off, they’re based on my 21+ years of experience in franchising. I’ve watched franchises become...
Important Lessons From A First-Time Fitness Franchisee
(This post, “Lessons From a First Time Fitness Franchisee,” was written by Paul Goldsmith, a trusted Guest Contributor) “Pursue your Passion” is terrible career advice for most people. I live just outside Nashville...
Throw Your Spreadsheets From The Train!
Okay, maybe don’t throw your spreadsheets from a train-because littering. But dispose of them now. “What Joel?” I’m not kidding. Throw them out. Better yet, place them in your recycling...
These Chick-fil-A Franchise Profit Numbers Are Bogus
I just came across the following headline concerning Chick fil A franchise profit: “This $10,000 Chick-fil-A Franchise is Making Millions and You Can Too“ That blog post headline is misleading at best and...
Accounting Tips And Tricks For Franchisees
(Sponsored Post on “Accounting For A Franchise,” written by Josh, from Profitwise Accounting) When you open up your first franchise, you’re essentially buying into an already successful business model...
One Entrepreneurs Love-Hate Relationship With Weekends
As an entrepreneur, I have a love-hate relationship with weekends. And it goes way back. Back to when I was a kid. I’ll explain, and then fast-forward to my feelings about weekends now. Maybe something I say will...
What You Need To Know About Buying A Franchise
There are several things you need to know when buying a franchise. And all of them are important. Like: What it takes to start a franchise The downsides of franchise ownership Pros and cons of using a franchise...
Get A Guaranteed Revenue Stream With This Franchise Opportunity
I’m not kidding. I found a franchise opportunity with guaranteed revenue for franchisees. And I’ve looked through their franchise documents and didn’t see any fine print about their guarantee. Really. (Sponsored...
The 2022 Franchise of The Year
Before I reveal The 2022 Franchise Of The Year, I need to establish a couple of things. “I liked the shaver so much, I bought the company!” The late Victor Kiam, CEO of Remington, said that. And his quote...
Will Owning A Franchise Make You Unhappy?
I doubt very much if you think you’ll be an unhappy franchise owner. It’s probably not in your wheelhouse. Whatever that means. But is it possible? Is there a chance you’ll be an unhappy franchise...
Will Owning A Franchise Make You Happy?
Could it? Could owning a franchise business make you happy? It depends. Let’s dig in. Define Happy You own your definition of happy. For instance, you may get a great deal of joy from playing in the...
