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Blogs Contributor - Joel Libava

Posts by Joel Libava

Guest Blogger

  • A significant number of the people that I’ve provided franchise advice to over the years have insisted on looking at franchises that have a recognizable brand name. I understand why they start their franchise business searches with “the brand” in mind, but do you? You will if you...
    Industry Word - December 05, 2012 - 4 comments
  • If you’re searching for the right franchise to buy, it’s important to set some goals. One reason that you’re going to want to have some specific goals set up is this: There are over 3,000 franchise opportunities to choose from! With that many choices, it’s way too easy to...
    Industry Word - November 06, 2012 - 7 comments
  • Due diligence, the research part of buying a franchise, includes several different things. If you’ve never worked through the process of researching one before, there’s a pretty good chance that you’ll miss something. And, it all starts by knowing what to ask. Franchise research...
    Industry Word - October 02, 2012 - 10 comments
  • If you’re thinking about becoming your own boss, and the business model of franchising sounds attractive, there are several things you need to do before you even look at a franchise business opportunity. Even though you probably can’t wait to jump in that nice, warm franchise...
    Industry Word - September 04, 2012 - 5 comments
  • In my role as a franchise advisor, I’ve been able to work with a lot of really smart people over the years. I’m talking MBA’s, PhD’s-even a rocket scientist from NASA. I would guess that some of them were qualified to be members of MENSA.* But, even smart people make...
    Industry Word - July 31, 2012 - 18 comments
  • Is it possible to find a legitimate franchise opportunity that only requires a few hours a week to run? And, if you do find a part-time franchise, can you make enough money for it to be worth your up-front investment, and of course, your time? Let’s find out. First off, it’s important...
    Industry Word - July 03, 2012 - 3 comments
  • Are you headed towards the finish line? Are you at the point in your franchise business exploration where your yes or no decision on a particular opportunity is imminent? If so, read on… In my capacity as a franchise ownership advisor, I’ve had several clients hear variations of the...
    Industry Word - June 05, 2012 - 7 comments
  • If you’re a US military veteran interested in becoming the owner of a franchise, there are thousands of opportunities for you to explore. It’s easy to become a bit overwhelmed with all of the choices. But, it’s not like you have to try to figure everything out on your own. There...
    Industry Word - May 15, 2012 - 5 comments
  • Technology has certainly made an impact on the way we do business these days. It’s practically impossible to run a small business without it. In the world of franchising, technology is a very important part of the actual business model. A good franchisor with good technology makes it a lot...
    Industry Word - April 03, 2012 - 3 comments
  • Before you write out a check for $30,000 (the average amount of the upfront franchise fee), it’s important to ask lots of questions. Some are questions that you can only ask yourself; they’re the ones that have to do with courage. I really can’t help you with those. But, I can...
    Industry Word - March 01, 2012 - 4 comments

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