When it is time to invest in that dream franchise of yours{After working with franchise professionals every step of the way!}, risking it all is a foolhardy thing to do….
If you have:
A. Spent 5-6 weeks researching the opportunity you are about to invest in
B. Bought $750 in plane tickets top visit the franchise’s HQ
And..
C. Talked to old friends, new friends, relatives, and any others you found that would listen to your big plans
Then why would you blow it all by investing everything you have???
I have received inquires from folks just like you who say,"Joel, I don’t care if I have to risk everything, I want a business of my own. I want to build equity, finance my kid’s education, travel, and then ride off into a Tahitian Sunset".
A gentle tip from The Franchise King®:
Do not buy a franchise until you know EXACTLY how to do thorough research.
Learn how here
I would be really uncomfortable working with someone who really would risk it all to escape a lousy job, or start their adventure into small business/franchise ownership.As a matter of fact, using the word "uncomfortable" is a nice way of saying, I would not work with someone like that!
There are many ways to invest in a franchise business of your own, without "betting the farm".
The Wall Street Journal just published an article that will help you with options that exist, and options that some of the folks that I have helped get into businesses of their own have used.
Click Here for WSJ Story
