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.

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



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*I use the word “entrepreneur” loosely. Here’s why

So, would you like a slice?

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. For 23+ years, I've helped thousands of people avoid bank account emptying mistakes.
If you want to make a smart, informed decision on franchises to own, I can help you, too!
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I'm NOT a franchise broker/consultant/coach. I'm a Franchise Ownership Advisor who's not paid sales commissions by franchisors!

We Visited A Franchise Expo
My wife and I are interested in starting a business so we visited a franchise expo. Afterwards, we were contacted by a couple of franchisors and we soon found ourselves deeply immersed in researching these particular franchises. We needed to take a step back and take stock of the bigger picture: 'Is a franchise right for us? Right now? What types of franchises would suit us?' We needed an independent and knowledgeable perspective. A paid consultation with Joel Libava clarified some of our thinking and gave us some useful ideas to pursue!" "
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