In response to this article: Is a Subway Franchise a Good Investment?, a reader on Linkedin asked if buying a franchise is “truly an investment” or “is it simply buying a job?” My initial reaction was to strike back – I get the job question all the time – and... 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
Ecstatic Isabel called! It’s been about ten days since I last heard from her (see Is Franchising Indentured Servitude?) and she couldn’t have been happier! How much money? “I know how much money I’ll be able to make as a franchisee even though the franchisor didn’t tell me — well... View Article
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
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
Powered by WishList Member - Membership Software