Become a Franchise Owner!: The Start-Up Guide to Lowering Risk, Making Money, and Owning What you Do

Become a Franchise Owner!: The Start-Up Guide to Lowering Risk, Making Money, and Owning What you Do

Joel Libava

Language: English

Pages: 261

ISBN: 1118094026

Format: PDF / Kindle (mobi) / ePub


The definitive A-to-Z guide to researching, selecting, and starting a viable franchise business

With more and more professionals looking for alternatives to traditional corporate employment, Become a Franchise Owner! informs would-be franchise owners of the joys and perils of purchasing a franchise. Authored by a trusted, feisty, tell-it-how-it-is independent franchise industry insider, this book offers straightforward, step-by-step tips and advice on how to properly (and carefully) research and select a franchise business.

Get tips on how to locate information about franchises, current industry trends, interviews with franchisors, and hot franchise opportunities.

  • Offers a self-evaluation to discover if you are "franchise material"
  • Describes how to choose the right franchise for your specific situation
  • Lists the 40 crucial questions to ask current franchise owners

Owning a franchise isn't for everyone; in fact, as Joel Libava says, "it's really not for most people." But if it is for you, this book can guide you in starting your own successful franchise business.

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put together in about an hour and a half, as opposed to the 12 hours it took before his system was introduced. There was now a definite and widespread need to find a way to distribute these automobiles—and Henry Ford (and, to some extent, the folks at General Motors) filled this need. They introduced franchises/dealerships to daring entrepreneurs in cities and towns throughout America. In fact, these first franchisees didn’t even have to pay for privilege to utilize this system. According to The

right decision, you would think he’s investing his own money. In his typical approach, interweaving honesty with humor, bluntness with concern, Joel takes you through everything you need to know before you buy a franchise; he even provides a handy (though admittedly unscientific) quiz, a personality analysis, and other simple exercises you can do to make sure you’re suited for franchising. That’s what sets Joel apart from most other franchise experts. He doesn’t think franchising is for

Transmission or General Auto Repairs, Automobile Rentals, Tire Stores Lodging: Hotels or Motels Why do these match up? Most people don’t usually consider the businesses described above to be ground-breaking types of franchises. They are what I call everyday organizations that need a steady hand to run efficiently. Franchise owners need to be dependable, partially because their employees may not be. Therefore, they also need to be versatile enough to be able jump in and do what’s needed to

it. Needless to say, I pulled out all the stops during my sales presentation to Jeannine. And after I managed to convince her, I started on my journey. Some Issues In my decade as a franchise broker, I was able to pull together a few pretty strong years, financially. Though I could have made more money, I didn’t for a couple of reasons: 1. The franchise model of the franchise brokerage with which I worked was a local model. That meant that I was only supposed to work with folks that were

day. In short, I became very vocal about a lot of the things that were going on inside our organization. I made it absolutely clear that I was sick of being screwed over. It’s almost as if a switch was all of a sudden turned on inside my head, and, for the first time in my life, I decided that I wasn’t going to take any more crap from anyone. I was sick of all the games and manipulations that I felt were taking place in our group. I stood up for what was right, and—with the help of some other

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