The Franchise King®

4 Bona Fide Reasons Why Franchises Are Such a “Thing”

4 bona fide reasons why franchises are such a
(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.

(This post may contain affiliate links. Please read my disclosure policy).

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?



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a piece of american pie

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.”

  1. I know why you’re willing to look at .
  2. 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.”

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franchise article written by joel libava
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joel libava

I'm The Franchise King®, Joel Libava. I help prospective franchise owners avoid bank account emptying mistakes.
For 23 years, I’ve been showing people how to make smart, informed decisions on franchises to buy, and I can help you, too!
P.S. I'm not a franchise consultant/broker.

Joel is Highly Principled
There are many people in the franchise business who claim to to be experts in the field. Unfortunately many of them lack both knowledge and integrity. Joel, however, is without question one of the most qualified and principled people I know, in or out of his industry."
- Greg Reynolds, Retired Outplacement Counselor
"Many receive advice, only the wise profit from it."
- Harper Lee