Got 3 minutes? View my new video about evaluating franchisee interviews. As you do your homework to determine which franchise to buy (or if you should buy one at all), you’ll likely hear a variety of opinions and comments shared by existing franchisees. Your challenge now: Who to listen to?... View Article
Crazy Isabel called. Normally, Isabel isn’t crazy, but this morning — whew! She wants to buy a franchise. Has a pretty good idea which type of franchise she wants to buy, and she has the money — at least most of the money that she’ll need for a start up... View Article
Say what you want, but these three reasons are behind your desire to buy a franchise: You want to belong to something that’s larger than you, i.e. a network of successful franchisees. It’s admirable. You want to be led by someone larger than you, i.e. a franchise coach, and other successful... View Article
“You don’t need to invest all that money to get into the pizza business,” the advisor told his client/friend. “You make the greatest pizza I’ve ever tasted. Far better than anything those franchises offer. You don’t need to pay them all that money upfront, and then — my God — you’ve... View Article
What happens if you buy a franchise and—God forbid—you fail and shut down the business? Are you legally obligated to succeed? You are if the franchise agreement says you are. What’s worse, you may be required to pay fees even after you’ve failed! What does the expectation of success mean? Franchisors... View Article
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