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Blogs Contributor - Joel Libava

Posts by Joel Libava

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  • Obviously, if you're going to invest in a business of your own, you'll want to make some money, right? But, is that all you're focused on? Will only making money do it for you? Most of the prospective franchise owners that I've consulted with don't even want to...
    Industry Word - January 04, 2011 - 6 comments
  • There are two words used in the franchise industry that can be downright dangerous for some folks that are considering franchise ownership. The words that ;m about to share with you are what I call,-visual words- Yo'll'see
    Industry Word - November 30, 2010 - 2 comments
  • If you are considering franchise ownership, the place to start is at your kitchen table... In order to find out what opportunities you should be looking at, you need to get a legal sized piece of paper, a ruler, and a pen or pencil. Once you have those in front of you, do this exercise...
    Industry Word - November 04, 2010 - 4 comments
  • In theory, buying the hottest franchise around makes a lot of sense; ther;s probably some serious buzz about the franchise, which means that lots of potential customers know about it. Can you imagine opening up a franchise in a market that already has customers waiting patiently for your...
    Industry Word - October 28, 2010 - 8 comments
  • It sure does;t-fee- like our economy is improving too much. Lots of folks are still taking the wait and see approach. Small business owners still seem to be pretty hesitant when it comes to expanding their businesses. Of course that translates into continued high unemployment. If yo're out of...
    Industry Word - September 30, 2010 - 2 comments
  • I;s true; the business model of franchising is one of the best business models ever developed. I-s a brilliant idea, and if i-s done well, it can create lots of success, for both franchisee and franchisor. However, we do't live in a perfect world. The US franchise industry is highly regulated,...
    Industry Word - September 02, 2010 - 1 comments
  • New technologies are being developed daily, and a lot of them can be used for business. The franchise business is a model that's built on efficiency, and it only makes sense that some of the new technology that's being developed would have several uses for both franchisees, and franchisors. Some...
    Industry Word - August 26, 2010 - 0 comments
  • Le;s say that yo-ve done the legwork tha-s needed to determine that your business is franchise material. Yo've done a feasibility study. This study probably included; An honest assessment of current and possible future competitors Legal due diligence for name, patents, and trademarks A study of...
    Industry Word - August 05, 2010 - 0 comments
  • I;s fair to say that over 30% of the folks I talk to about franchise ownership, whether i-s in a seminar setting, or during a franchise opportunity consultation, bring up-Home Health Care Franchises' These are some smart people. The changing demographics in the US are a huge factor in the...
    Industry Word - July 26, 2010 - 2 comments
  • Is that a fair question? Will that question give you a reason to slow things down a bit, if yo;re already in the throes of franchise exploration? Good! Are you currently experiencing one of the following problems? Out of work/ca-t find a job Miserable in your current job Not making enough money...
    Industry Word - July 26, 2010 - 3 comments

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