“I sold my franchises to the wrong franchisees,” a franchisor recently lamented during one of our coaching calls. I can’t tell you how often I have heard that statement in the last 30-plus years. What can I say? Shame on you? “Yes, you did, and what a shame for you.”... View Article
If The Franchise Isn’t A Phenomenal Business Model, Run!
When the Twitter “franchise victim” said, “Franchising is a phenomenal business model for the franchisor” — did you believe him? A few readers who wrote to me actually did. Of course, they also claimed to be “franchise victims.” Disgruntled and pimping his own opportunity But most readers who wrote to... View Article
The Most Important Question To Ask Before You Buy A Franchise
“If you had the chance to buy a franchise all over again, would you still buy a franchise from this franchisor?” That’s the single most important question to ask franchisees before you buy a franchise. It’s not the only important question Granted, there are other “important” questions,and I tell you... View Article
Watch my new video on evaluating franchise opportunities. On several occasions while I was the CEO of HomeVestors, and on on many occasions in the last 30 years while advising people who buy franchises, someone was buying a franchise using “Daddy’s money.” Most of the time it wasn’t a good... View Article
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