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...
Franchise Purchasing
Joel Libava
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...
Top Franchise Research Guide
“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...
Why Aspiring Franchise Owners Are Going To Need More Money In 2025
Moving forward, all aspiring franchise owners need to rethink their current money situation. That said, it’s not necessarily a bad thing. Call it the prudent thing to do. (Courtesy of Dictionary.com) Keep reading...
Do Fed Rate Increases Impact Franchise Lending For Aspiring Franchisees?
Franchise lending is always impacted by decisions made by the Federal Reserve. And that means aspiring franchisees will be impacted too. It always trickles down. Heck, even current franchisees will be affected...
Why Training Your Franchisees Is So Darn Important
(Guest Post on training franchisees) As a franchisor, you should recognize that you’re in a very fortunate position. You’re able to help others (like your franchisees) in many different profound ways, influencing...
Franchise Rules And You
Do you know how important franchise rules are? I hope so. Because your knowledge and acceptance of them will help you a lot. I’ll explain. The Reason For Franchise Rules Why is the franchise model based on...
A Reverse Podcast Interview On The Franchise Business
What the heck is a reverse podcast interview on the franchise business? Wait. You don’t know? It’s when the person interviewed shouldn’t be the person interviewed. I’ll explain. Franchisee...
“I Have An MBA And A Wealth Advisor. Why Do I Need You?”
My answer to that question didn’t go over well with this MBA-Possessor, with a Wealth Manager on the side. Not at all. I’ll explain. On one of my recent Complimentary Calls, the prospective client in...
What To Do When You Don’t Like The Franchise Opportunity You Thought You Did
Sometimes you’ll get excited about a specific franchise you’ve found, but find out you don’t like the franchise opportunity at all. What should you do if that happens to you? Let’s find out...
Have You Looked Into The My Eyelab Franchise Opportunity?
I want you to “look” at the My Eyelab franchise. It’s a retail franchise. “Retail??? Are you crazy, Joel?” Maybe. But before I tell you about this franchise opportunity in the retail sector, and the My...
How Risky Are New Franchise Opportunities?
I get asked about new franchise opportunities all the time. I also get asked if I think they’re risky. My answer: It depends on how you define “risky.” Maybe a better question is this one: “Are...
Maybe You Should Buy An Avis Franchise
Recently, I spent 20 minutes trying to line up a rental car for the vacation we’re finally taking (after two years of Covid). It got me thinking about the franchise car rental business. For example, is Avis a...
The Franchise Direct Top Global Franchise Businesses For 2022
My strategic partner, Franchise Direct, has just released their Top Global Franchise Businesses List for 2022. And the best part? The team at Franchise Direct has been producing the Top Global Franchises list since 2009...
Is This Stopping You From Buying That Franchise?
There are lots of factors that go into making a yes or no decision on buying that* franchise. *The franchise opportunity you’ve pretty much decided is the one for you. But in my experience, more often than not, it’s one...
The 10 Best Franchise Opportunity Websites And Portals (Updated)
If you’re on the hunt for the perfect franchise to buy, you’re most likely going to start your search by browsing through the best franchise portals and franchise websites (hopefully). But let’s be...
Why You Never Want To See A SERVPRO Van On Your Street
Seeing a SERVPRO van, or a van/truck from any one of the hundreds of other restoration companies on your street is never a good sign. That’s especially true for the homeowner or business owner that the vehicle is parked...
I Want To Own A Franchise, So I Can…
Why do you want to own a franchise business? What’s the reason? Wait. Is it possible you have more than one reason why you’d like to be your own boss through franchising? In this post, I’m going to...
The Honest Truth About Low Credit Scores And Franchising
If anyone in franchising tells you your low credit score won’t affect your ability to buy a franchise…they’re being dishonest. But why would someone do that? To give you hope. And if they happen to be...
Are You Sure You’re A Good Fit For That Franchise?
I sure hope you’re a good fit for the franchise you’re excited about buying. Because if you’re not… Have You Ever Experienced This? This should get you thinking. Have you ever walked into...
What Did These Franchise Business Brokers Know, And When Did They Know It?
If you’re searching for the right franchise to own, and you’re thinking about working with franchise business brokers to find one, you need to read this. That’s because some of the brands that brokers...
