Blunders happen. They're part of the human condition. But, some of them are avoidable. In this article, I'm going to show you 5 blunders that are avoidable when buying a franchise business. According to Dictionary.com a "blunder" is, "A gross, stupid, or careless mistake." (Rather straightforward, eh?) Here's my
Franchise Research
Why The Franchise Article I Just Read Is So Alarming
45 seconds. That's about how long it took me to decide to write this franchise article-which is in response to a franchise article I just read that's so alarming. The article* "7 Unique Franchise Opportunities With A High ROI," should have never been written. Let me explain why. ROI I'll get into why the article I
The Part of Owning A Franchise No One Talks About
There is a whole range of issues that must be dealt with when you make the decision to move forward on the franchise opportunity you've been investigating. In this post, I'm going to focus on the part of owning a franchise no one talks about. (Hint: Look at the picture above) Owning A Franchise When it comes to
Can Choosing The Right Franchise Make You Rich? Part 3
If you want to be rich, one way to get there is by owning a franchise business...several franchise businesses, actually. There are a lot of very successful (rich) franchise owners around. Most of them are multi-unit franchise owners, owning 10, 20, 50 or more franchise units. And, today, a lot of them own multiple brands-like
How To Research A Brand-New Franchise Opportunity
(A bit confused) You've found a new franchise opportunity that really interests you. One you feel you can make a success of in your town. This franchise seems to have everything (so far) you want in a franchise business. It has a pretty low cost of entry There's plenty of territory available near you You like
How Can You Possibly Know How To Research A Franchise?
It's really easy to get confused after looking at several different franchise opportunities. It can be tough to remember things like: The amount of the franchise fee Total investment The number of up and running franchise businesses The number of franchisees Territory availability Past or current
Money-Making Franchise Opportunities Part 3: Research
Money-making franchise opportunities have been the focal point of this 3-Part series. In Part 2, I shared information and tips on choosing franchise opportunities you can (hopefully) make money owning. Feel free to review the article again. Part 1 included tips and more on where to find franchises, both offline and online.
Franchise Advice: Count The Number of Lawsuits Against The Franchisor
You've whittled your franchise search down to two concepts. They're both terrific franchise opportunities. They both cost about the same to buy. The franchise sales reps are both nice. They're both professional, too. You took my advice and are involving your family members early in the process-and they're good with
You Open Your Franchise And This Happens
The time: Two months after you opened your new franchise business The place: Your office Your frame of mind: The reason: (See the 1st image) Those are crickets. You Open Your Franchise And This Happens Imagine investing $250,000 on a franchise
Buying A Franchise: What To Do When You Get The Special List
You've been eyeing the 1-800-Cut-My Damn-Dead-Tree-Down franchise opportunity for a couple of months. It's right up your alley. You love working outside. You hate working in a cubicle. This could be your chance to escape the corporate life. To finally own what you do. So, you start learning about the franchise. You start to
