Congratulations to my client, Lisa Paulson (pictured above with her husband, John), who’s a new Hand And Stone franchise owner. Talk about a person who immediately knew what franchise she wanted to own and operate...
Franchise Opportunity Research Information
Joel Libava
How Much Does It Cost To Buy A Franchise Business?
How much does it cost to buy a franchise? While the answer to that question isn’t always straightforward, because it varies depending on the franchise type, understanding what the total initial and ongoing costs...
Franchise Profitability: When Do You Start Making Bank?
As you look for some good franchises to own and operate, franchise profitability is usually top of mind. That said, it’s important to recognize that your franchising business won’t be an overnight success...
Did Your Franchisor Lie To You? Report It Here.
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...
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...
What The Heck Is A Franchisor, And Why Do You Need To Know?
Franchisor. It’s such a strange word. But what is a franchisor? And why do you need to know? Let’s dig in. What Is A Franchisor? Franchisors are entrepreneurs who have created a business that’s easily...
How To Read The Franchise Disclosure Document
If you want to learn exactly how to read a Franchise Disclosure Document, this post is for you. Now stick with me here, as there’s a secret to reading an FDD. But don’t worry. I’ll be sharing it with...
Are Franchisee Sales Quotas A Thing?
Do franchisee sales quotas exist? Is it something you’ve even thought of? If not, I’m right there with you. Because I always thought sales quotas had to do with salespeople who have…jobs. Not...
A Comprehensive Franchise Report On The Food Service Industry
The food service industry, in this case, food franchises, are a multifaceted and expansive sector, offering a plethora of opportunities for aspiring franchisees. But what’s going on in the industry these days? 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...
Franchising And AI: Is Your Franchise Information Coming From A Human?
This post examines franchising and AI. I hope it gets you thinking. With that in mind, one of the best things about franchising is the ability to acquire a serious volume of specific franchising information...
15 Key Questions To Ask Franchisees Before Buying A Franchise (Updated With 7 New Ones Added!)
There are lots of questions to ask franchisees before you buy a franchise business. And doing so is a huge part of any serious research. Correction. Asking questions of franchise owners is the most important part of ...
What Is The Definition Of A Franchise Business?
I’m going to assume you’re here because you want to know the genuine definition of a franchise business. Great! Read on, so I can tell you! The Definition Of A Franchise I’m quite confident that if I...
Franchise Fees Demystified: A Comprehensive Guide for Prospective Franchisees
For years, people have been saying “You shouldn’t buy franchises because the franchise fees are too high.” Unfortunately, these “people” don’t understand how franchising works. I do. In this post, I’m going to tell you...
