Joel Libava
There are several things you need to know when buying a franchise. And all of them are important. Like:
- What it takes to start a franchise
- The downsides of franchise ownership
- Pros and cons of using a franchise consultant
- The fear you’ll experience before you sign a franchise agreement
- Why franchises typically fail
And more.
If you agree it’s important to know about those 5 things before you write a check for a franchise you’re ready to own, check this out.
What To Know About Buying A Franchise
Melinda Emerson, also known as the Small Biz Lady, recently interviewed me on her popular podcast. The topic?
Actually, there were several of them.
But the focus of her interview was to educate her listeners on some of the upsides and downsides of the franchise buying process. Things all franchise buyers need to watch out for.
In addition, Melinda wanted to make sure her audience knew how to make a good choice in a franchise to own. I’m told she succeeded.
Given that, if you’re looking to become a franchise owner in 2023, I encourage you to listen to our back and forth.
Because I was able to share a ton of useful information in a short period of time.
How useful?
That’s for you to decide.
And for more tips and helpful information on choosing, researching and buying a franchise you’ll make money owning, signup for my free VIP Franchise Newsletter.
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.
Note: When you buy through links on this website, we may earn an affiliate commission.
