Joel Libava
(Pictured: a retail shopping center in Ohio featuring several franchises)
Franchises have been a “thing” for years. And they will be for a long time to come.
First of all, almost everyone knows the story about Ray Kroc and McDonald’s.
Secondly, there’s the attraction of the business model itself.
In essence, for a cost of $75,000-$150,000 (on the low-end), a would-be entrepreneur* can buy a business that comes with branding, business systems, marketing/advertising templates, and an entire network of like-minded owners who all want the same thing:
A Generous Slice of The American Dream
*I use the word “entrepreneur” loosely. Here’s why
So, would you like a slice?
Tip: Make sure you do a net worth statement before you look for a franchise.
Why?
Why are you interested in a franchise? And why now?
What is it about franchising that excites you?
Why are you willing (maybe) to invest your hard-earned money into a business of your own?
To clarify, why are you prepared to take on some risk?
Wait. I Know Why Franchises Are Such a “Thing.”
- I know why you’re willing to look at .
- I know exactly why franchises are a thing.
Just watch this video to find out what the other reasons are…to see why franchises are a “thing.”
About the Author
The Franchise King®, Joel Libava, is a leading franchise expert, author of "Become a Franchise Owner!" and "The Definitive Guide to Franchise Research." Featured in outlets like The New York Times, CNBC, and Franchise Direct, Joel’s no-nonsense approach as a trusted Franchise Ownership Advisor helps aspiring franchisees make smart, informed decisions in their journey to franchise ownership. He owns and operates this franchise blog.
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