Before buying a franchise, one of the most important questions to ask yourself is: “Do I have the right personality to be a franchisee?” People are all different, but so are franchise opportunities. No two franchise opportunities are exactly the same. How franchisees succeed in one franchise opportunity is different... View Article
Why don’t franchisors want entrepreneurs?
In the latest episode of the How To Buy A Franchise Show, Dr. Hayes explains why franchisors do not want to sell franchises to Entrepreneurs. They want franchisees who are willing to follow the rules, and that is not in the entrepreneur’s DNA. This episode is sponsored by Huddle House. Learn more about... View Article
A calculated risk: buying a franchise
Do risk takers buy franchises? I thought so, until I interviewed franchisees for Franchising: The Inside Story, the first book written about how to buy a franchise. When I asked franchisees how they felt about taking risks, I got an education. I thought franchisees were entrepreneurs, and entrepreneurs are risk... View Article
Buy A Franchise To Learn What NOT To Do?
It probably shouldn’t be your #1 priority for buying a franchise, but buying one to learn what not to do in business isn’t a bad idea! I had a favorite cousin who would have been better off buying a pizza franchise than starting her own pizza business. I said “had”... View Article
E-Myth Author, Michael Gerber: Who Buys Franchises?
Spent an enlightening Monday (yesterday) with Michael E. Gerber, author of The E-Myth, as well as numerous other best-selling business books, and we discussed franchising — why people buy them, why people sell them, why some work, why some don’t work, and (of special interest to me) what we might... View Article
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