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).
About Joel Libava
More From Joel Libava
You may have to hit your numbers.
A look at the common fears of aspiring franchisees when it comes to choosing their franchise location.
Some advice for franchisees on how to decide whether a trip to your franchise's home turf makes sense.
Break the FDD down into bite-sized pieces to avoid feeling freaked out and make a well-reasoned decision about becoming a franchisee.
No franchise is perfect, but some can come pretty close -- you just have to go in with your eyes open.
When purchasing a franchise, it is imperative to have your books in order.
There's a right and wrong way to ask how much money your potential franchise could earn when researching becoming a franchisee.
Franchise Buying Guide
Before deciding to go into business for yourself, take a deep look at your financial state and personality traits.
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.
If you're thinking of buying a franchise and want your family to be involved in running it, consider these options.