Blogs.Contributors

Register

Blogs Contributor - Joel Libava

Guest Blogger

Posts by Joel Libava

Guest Blogger

  • The business model of franchising is one that’s consistently held in high regard by most business experts. That’s because it works. Is that why you’re thinking about buying one? You’re also investing in a franchise because: You want to have more control in your...
  • 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...
  • 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
  • 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;  1...
  • 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...
  • 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...
  • 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,...
  • 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...
  • 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...
  • 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...

Pages