The Franchise King®

FAQ’s: Frequently Asked Questions

We’re all so darn busy.

I thought “The Information Age” was supposed to make us more efficient so we’d have more time. More time for our families. More time to enjoy the things we like to do.

So much for that. We’re all busier than ever. We don’t seem to have time…for much.

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That’s Why I Put This FAQ’s Page Together.

What follows are FAQ’s. Some of the questions I’m frequently asked.

If you have one that’s not listed below, go here to ask me.

1. Why are you called The Franchise King?

I actually didn’t come up with the name. A guy by the name of Tom Sudow, did; he was the Director of the largest Chamber of Commerce in Ohio at the time. At one of their business expos, he saw me enter the exhibit hall, and (at full volume) said “Hey! It’s The Franchise King!

I looked around. I didn’t see a “King” anywhere. Then he pointed at me, and the rest is history. It’s my brand. Heck-it’s even trademarked, thanks to a smart suggestion by my friend, Jim Kukral.

the franchise king logo 2024

2. What exactly do you do, Franchise King?

I provide straightforward advice to people who are interested in franchise ownership.

If you are:

  • Just starting to learn about franchising,
  • Are in the process of searching for a franchise
  • About to buy a franchise

The information I offer will help you…big time.

Learn all you can about franchising through my….

Products

My franchise ownership products are available in print, digitally, and even through audio.

Please take a look at my hardcover franchise book, and my eBook on researching franchises to own.,

franchise articles

Articles

I’ve written well over 2,000 different articles on just about every aspect of franchising. A good deal of them can be found on my award-winning franchise blog.

Other places my franchise articles can be found include:

  • The New York Times.com
  • CNBC.com
  • Entrepreneur.com
  • Franchise Direct
  • Small Business Trends
  • Bplans.com
  • SBA.gov

And, many, many more websites/blogs, and magazines etc.

Private Consultations

I offer private, 1-on-1 Franchise Ownership Consultations.* I even include a 100% Money-Back Guarantee when you work with me.

*I’m not a huge fan of asterisks, but this is important.

I don’t sell franchises. I’m not a franchise “consultant,” broker, or “coach.” I’ve been told by my clients that “It was quite refreshing to work with someone who wasn’t trying to sell me a franchise.

3. Joel, where on your website can I find information on specific franchise opportunities?

The Franchise King.com isn’t a franchise opportunity portal like Franchise Direct. But…

I occasionally show interesting franchise opportunities. Some of them I have marketing relationships with (which I disclose), and some of them are too cool to not share with you.

When you have a chance, check these franchise opportunities out-you’ll see what I mean.

4. Do you offer free franchise/business tools that I can use?

Absolutely.

If you want to make sure you have the right stuff to be a franchise owner, you can take this free franchise quiz.

Have you figured out your financial situation yet? Use my free net worth calculator so you’ll know where you stand.

Then there’s my free risk quotient calculator. (It’s kind of different)

5. Where do you live?

My Castle is located in Northeast, Ohio-a few miles from the Rock-N-Roll Hall Of Fame.

Yes!

6. Why does it seem that you’re so hard on franchisors-and on the International Franchise Association (IFA)?

My goal is to make franchising better.

I want franchisors to only award franchises to people that ave enough money and that are truly a fit for their specific concepts. Some do it. Some don’t. Occasionally I call out franchisors that in my opinion, aren’t doing the right thing. These franchisors don’t like it-and pretty much don’t like me. I don’t care. If I can save my readers, Newsletter subscribers, or my Fans/Followers money and aggravation, I will. Every time.

And, I want today’s franchise buyers (you?) to be careful. I want them to go slow and steady. I want them to make sure they get all the facts. That’s why I provide straightforward-and sometimes not very gentle tips and suggestions.

In a perfect world, franchisors choose the right people and prospective franchise owners choose the right franchises for them. Ones they can make money owning. Ones they can be proud to own. And, the franchisors provide awesome support and keep innovating so their franchisees never run out of great products and services to offer their customers.

One more thing: Franchisees can sell their franchise business for a nice profit and live out their years comfortably.

I’m hard on the IFA because of the direction they chose to go.

The IFA isn’t much of a franchise organization anymore-it’s been transformed into a Washington D.C. lobbying organization. Just what we need, right? Another self-centered group that buys and sells high-powered politicians that vote in ways that may or may not align with the direction of our country-or what the majority of it’s PEOPLE want. That’s why I’m hard on the International Franchise Association.

7. What are some of the key contributions made by Joel Libava in the field of franchising?

  • Authoring two books on franchising: “Become A Franchise Owner! The Startup Guide To Lowering Risk, Making Money, And Owning What You Do” and “The Definitive Guide To Franchise Research“. These books provide prospective franchisees with detailed, step-by-step guidance on how to properly research and select a profitable franchise to own.
  • Joel serves as a Franchise Ownership Advisor, working one-on-one with people who want to explore franchise ownership. I aim to provide trustworthy, useful, and timely information to help aspiring franchise owners make informed decisions and avoid losing their money.
  • Joel has established himself as a leading franchise expert and industry insider, sharing his knowledge through writing articles for major publications such as The New York Times, CNBC.com, Fortune, Entrepreneur, and the U.S. Small Business Administration’s blog.
  • He focuses on providing the truth about franchising, including cautioning prospective franchisees about the challenges of fast-growing franchisors that may not be able to adequately support a large number of new franchisees. His goal is to keep aspiring franchise owners “safe” from industry sharks.
  • Joel helps a number of emerging franchisors with their digital marketing needs, such as lead generation, content marketing and SEO, in order to assist them in growing their brands and reach highly-qualified prospective franchisees.

In summary, Joel Libava has made significant contributions to the franchising industry through his educational resources, advisory services, and commitment to providing honest, insider perspectives to help aspiring franchise owners make well-informed decisions.