Tag Archive: risk

Part IV: Taking the Fear Out of Franchising

September 13, 2016 11:50 am Published by Dr. John Hayes Leave your thoughts

Why starting a business is a huge risk This blog article is adapted from the forthcoming book: Taking the Fear Out of Franchising, by Dr. John P. Hayes. I thought of titling this book: Taking the Fear Out of Business because when you buy a franchise you buy a business,... View Article

Risk Of Franchising, How To Buy A Franchise

Making sense of risk, entrepreneurs & franchising

April 13, 2016 12:06 pm Published by John Hayes 1 Comment

Maybe you’ve heard that entrepreneurs and risk takers buy franchises. Long ago, while researching my first book about franchising in the early 1980s (it’s now out of print: Franchising: The Inside Story), I was under the impression that franchisees are entrepreneurs, and, of course, entrepreneurs are risk takers. But that... View Article

A calculated risk: buying a franchise

March 27, 2014 10:26 am Published by Dr. John Hayes 6 Comments

Do risk takers buy franchises? I thought so, until I interviewed franchisees for Franchising: The Inside Story, the first book written about how to buy a franchise. When I asked franchisees how they felt about taking risks, I got an education. I thought franchisees were entrepreneurs, and entrepreneurs are risk... View Article

Should You Buy a Franchise If You’re One of the First Franchisees to Join the Network?

October 26, 2013 2:33 pm Published by Dr. John Hayes 16 Comments

A question franchise buyers frequently ask at my How to Buy a Franchise seminars goes like this: “If I buy a franchise where I’m one of the first franchisees in the system, is that the kind of franchise to buy? Should I be concerned about owning a franchise when there... View Article