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
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
One thing you need to understand before you buy a franchise: It never, ever comes with guarantees. Do you know of any business methodology that does? Systems make franchises work Franchising isn’t a business. It’s a method of distributing products and services. The method is defined and supported by a... View Article
Franchisors in the United States are required by federal law to tell prospective franchisees how many franchises they sold and retained from year to year. That’s good information for anyone who wants to buy a franchise. But it’s not enough information to help you determine if the franchisees are operating... View Article
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