Joel Libava
The short answer to this question is that it depends. It depends on the model.
For example, are you looking to buy a home-based franchise like this one?
Continue Learning About Franchising
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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
Or are you focused on opening a franchise that requires a location, or in this case, multiple locations?
In this short video, I go over the things you’ll need to do before you open your franchise-any type of franchise.
Important: make sure you add 2-3 months to open your franchise. That’s because I haven’t included the time it takes to find, choose, and research a franchise.
If you have questions after you watch the video, you can use the contact form above to ask them. I’m happy to help where I can.
Questions? Fill out the form above.
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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