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).

11 Recent Stories

How to Spot the Ideal Franchise Opportunity for You
Grow Your Business

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
Franchises

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?'
Franchises

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
Starting a Business

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
Grow Your Business

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.
How to Avoid the Most Depressing Sentence in All of Franchising
Franchises

How to Avoid the Most Depressing Sentence in All of Franchising

The path to owning a franchise can come with many disappointments, but none as great as this one.
Do Angry McDonald's Franchisees Have a Leg to Stand On?
Franchises

Do Angry McDonald's Franchisees Have a Leg to Stand On?

If you're thinking of becoming the owner of any franchise someday, there's an important lesson contained in what's currently going on with this fast-food giant.