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(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?
Continue Learning About Franchising
Check out these important franchise trendsGet the latest franchise research tips
Learn how to choose the right franchise for you
Educate yourself about some of the franchise legal stuff
Get specific advice on owning and operating a franchise
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
Joel Libava is The Franchise King® — an independent franchise advisor with 25+ years in the industry, two published books on franchising, and his writing has been featured in The New York Times, Forbes, CNBC, Entrepreneur® Magazine and others. In addition, he wrote exclusively for the U.S. Small Business Administration blog for eight years. He doesn't sell franchises. Instead, Joel helps you figure out if franchise ownership is actually right for you — and if it is, teaches you his powerful, proven-to-work franchise research techniques, so you can make a smart, informed decision on a franchise to own and be your own boss.
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