Joel Libava

Joel Libava

Joel Libava is a franchise ownership adviser best known as The Franchise King®. He is the author of Become A Franchise Owner! The Start-Up Guide To Lowering Risk, Making Money, And Owning What You Do (Wiley 2011).

How to Make the Best Career Choice for You
Career Change

How to Make the Best Career Choice for You

Listen to yourself and explore all the possibilities. In the end, you'll know what makes sense.
The 5 Elements of a Successful Franchise
Franchises

The 5 Elements of a Successful Franchise

There is no one perfect franchise, but there are many that have elements that lay the groundwork for success.
Buying a Franchise? When You Need to Worry About Location.
Location

Buying a Franchise? When You Need to Worry About Location.

A look at the common fears of aspiring franchisees when it comes to choosing their franchise location.
The Best Time to Visit Your Franchise Headquarters
Franchises

The Best Time to Visit Your Franchise Headquarters

Some advice for franchisees on how to decide whether a trip to your franchise's home turf makes sense.
Future Franchisees: Don't Be Thrown by the Financial Disclosure Document
Franchises

Future Franchisees: Don't Be Thrown by the Financial Disclosure Document

Break the FDD down into bite-sized pieces to avoid feeling freaked out and make a well-reasoned decision about becoming a franchisee.
10 Habits of Highly Successful Future Franchisees
Success Strategies

10 Habits of Highly Successful Future Franchisees

Just because you own a franchise, a business with proven systems and tested procedures, doesn't mean you can kick back and chillax.
How to Spot the Ideal Franchise Opportunity for You
Franchise

How to Spot the Ideal Franchise Opportunity for You

No franchise is perfect, but some can come pretty close -- you just have to go in with your eyes open.
Why You Need to Share Your Finances to Buy a Franchise
Money Management

Why You Need to Share Your Finances to Buy a Franchise

When purchasing a franchise, it is imperative to have your books in order.
Potential Franchisees: The Right Way to Ask 'How Much Money Can I Make?'
Franchise Opportunities

Potential Franchisees: The Right Way to Ask 'How Much Money Can I Make?'

There's a right and wrong way to ask how much money your potential franchise could earn when researching becoming a franchisee.
3 Things You Must Do Before Becoming Your Own Boss
Franchise Buying Guide

3 Things You Must Do Before Becoming Your Own Boss

Before deciding to go into business for yourself, take a deep look at your financial state and personality traits.
Beware of These 10 Franchise Ownership Myths
Franchise Buying Guide

Beware of These 10 Franchise Ownership Myths

What to consider when weighing a decision to become a franchisee.
Veterans: 3 Ways to Minimize the Risks of Buying a Franchise
Franchises

Veterans: 3 Ways to Minimize the Risks of Buying a Franchise

Owning a franchise can be an appealing option for men and women returning from military service. Here's some advice on what should be considered beforehand.
3 Types of Franchises That Make Great Family Businesses
Franchises

3 Types of Franchises That Make Great Family Businesses

If you're thinking of buying a franchise and want your family to be involved in running it, consider these options.
The 3 Scariest Things About Owning a Franchise
Franchises

The 3 Scariest Things About Owning a Franchise

Owning a franchise can be a rewarding career path, but people need to be cognizant of the hard truths that come with it.
4 Reasons Why You Need to Hire a Franchise Attorney
Franchises

4 Reasons Why You Need to Hire a Franchise Attorney

If you're looking to run a franchise, you need to do everything in your power to protect yourself legally. Here's some advice.