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).
You may have to hit your numbers.
Listen to yourself and explore all the possibilities. In the end, you'll know what makes sense.
There is no one perfect franchise, but there are many that have elements that lay the groundwork for success.
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.
Just because you own a franchise, a business with proven systems and tested procedures, doesn't mean you can kick back and chillax.
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.
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© 2017 Entrepreneur Media, Inc.