Here’s a couple that knew exactly what they were doing when they bought a sign-making franchise and opened it in a small town. “People don’t seem to set up their businesses to re-sell them,” explains Sonja Heaton, “but that was our purpose for going into business, and for buying a franchise.” The Heatons eventually turned their $150,000 investment into a $2-million sale! Want to know how they did it? Want to know how you can do it, too? Here’s their incredible story.
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You’ve got it all, or do you? You’ve got the money, the time, the passion, the interest to buy a franchise, but do you have the “must have” skill to succeed as a franchisee? Many people, maybe most people, don’t! It’s a big reason for failure in franchising. Without this skill you don’t have much chance for success in franchising. In fact, without this skill you shouldn’t invest in a franchise at all. Know what it is?
In response to this article: Is a Subway Franchise a Good Investment?, a reader on Linkedin asked if buying a franchise is “truly an investment” or “is it simply buying a job?” My initial reaction was to strike back – I get the job question all the time – and... View Article
It’s one of the most popular questions for every experienced franchise author/speaker. Perhaps because it’s the largest franchise in the world (in terms of units, not retail sales), people want to know if a Subway franchise is a good investment. And because many of my readers and seminar attendees know that... View Article
Some prospective franchisees admit they do not know what to ask existing franchisees, and others say they know what they’d like to ask, but they don’t know how. Don’t let either scenario stop you from thoroughly investigating a franchise opportunity. Here are 4+ questions to ask, worded in a way... View Article