July 4, 2009 4:15 pm
Published by Dr. John Hayes
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
June 28, 2009 3:13 pm
Published by Dr. John Hayes
“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
May 9, 2009 5:22 pm
Published by Dr. John Hayes
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
May 5, 2009 6:00 am
Published by Dr. John Hayes
I hear this question quite a bit: “What happened to the thing they called the UFOC, or Offering Circular? Why don’t they have that anymore?” Well, they do! UFOC is now FDD But in July 2007, the U.S. Federal Trade Commission renamed the Uniform Franchise Offering Circular (UFOC) the Franchise... View Article
May 4, 2009 8:00 am
Published by Dr. John Hayes
Suddenly, Isabel wasn’t so ecstatic! (Don’t go any further until you read Part I of this story). And how I hate to be the bearer of bad news, especially when I’m working with someone who’s paying me money. She thought she knew she could pay herself a tidy six-figure income... View Article
