April 29, 2009 1:11 am
Published by Dr. John Hayes
Virginia Barbeque franchisee Ed Totanes recently helped me introduce franchising to a group of veterans in Washington, DC. Ed is a veteran who took advantage of the VetFran program, which helps veterans of the U.S. armed services buy franchises at a discount. Challenges franchisees face Ed said every franchisee (regardless... View Article
April 27, 2009 1:03 am
Published by Dr. John Hayes
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
April 22, 2009 10:31 am
Published by Dr. John Hayes
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
April 20, 2009 8:00 am
Published by Dr. John Hayes
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
April 18, 2009 11:59 am
Published by Dr. John Hayes
“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