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Blogs Contributor - Joel Libava

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Posts by Joel Libava

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  • 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 - 6 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
  • I’d wager that the first thing that comes to mind when you think of franchising is some type of food franchise. I do too. Most of the food franchises that we tend to think of are almost always in the *fast-casual genre. It’s a huge business sector. If you’re thinking of...
    Industry Word - February 02, 2012 - 14 comments
  • I’m deeply entrenched in the franchise industry. Like most industries, we have our own collection of buzzwords or jargon. There are words and phrases we use on a daily basis. But you don’t. For example, industry insiders don’t say, “Franchise Disclosure Document*”...
    Industry Word - January 05, 2012 - 9 comments
  • While I certainly can’t make this career decision for you, I can certainly help you put both choices into perspective. Let’s see what’s what… If you’re contemplating which direction you’d like to take in your professional life, you certainly have lots of...
    Industry Word - December 06, 2011 - 3 comments
  • All prospective franchisees have one thing in common: curiosity. They’re all curious about income. They all want to know how much they’re going to make. It’s to be expected. After all, if one is going to invest their own money into a franchise business start-up, they should be...
    Industry Word - November 03, 2011 - 2 comments
  • You were so excited. You received the franchise business brochure from the franchisor’s corporate office last week, and ended up almost ripping it up in your haste to open the oversized envelope that it was mailed to you in. You’re attracted to the franchise model for lots of reasons....
    Industry Word - September 29, 2011 - 7 comments

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