The Franchise Blog For Vets

It's Easy To Buy a Franchise

It really is. That is, if you know what to do. I highly recommend starting at the beginning. (Brilliant, huh?) I'm suggesting this because lots of franchise owners (who may be struggling right now) didn't start at the beginning. They just went out and bought the latest, and greatest "hot" thing. The "hot" thing they now own may still be... Read more →

Military Veterans; Franchise Statistics Are Just Black Ink On Paper

A lot of you may be wondering what the heck you should do after your military service is over. You could get a traditional job, of course. Some of you may become consultants for security firms, and the like. Some of you may even be thinking that a business of your own would be nice. Franchise ownership ideas will probably... Read more →

Investing In A Franchise Is Not Like Investing In The Stock Market

There's certainly risk in both, but investing in a franchise has it's differences... For example, when you buy an individual stock, the more shares you purchase up front, the bigger the potential payoff. Of course, the more shares you buy, the more money you can lose, too. When you buy a franchise, in every case except one, the amount you... Read more →

Learn About Franchise Ownership From The Franchisees

For those who are interested in becoming a franchisee, Lew Carter, a Tampa Bay area multi-unit Subway franchisee says that a person needs to ask, "is it something you want to do?" He suggests contacting existing franchisees who can talk about the process and discuss sales. Here's some more hints from other current franchisees, as they discuss them in this... Read more →

How Much Should You Spend On A Franchise Business That You Can Call Your Own?

{Young future franchise owner contemplating his investment} I don't feel that you should invest one dollar more than you are completely comfortable with. The amount you invest should not keep you up at night. {That not the answer you were looking for, right?} You need to decide on the amount. I can help, though. Read Doing your research correctly will... Read more →

Franchise Questions? Here's The Answers!

So many choices in franchising. So many websites. Information overload runs rampant. Who should you believe? When do you know you have the right answers? I find that a lot of prospective franchise owners stop investigating franchises a little too early. They have gone pretty far, but self-doubt starts to creep in. They ask themselves questions like; Am I looking... Read more →

Would You Like To Buy A Franchise? Better Not Do This!

There is a right way to invest in a franchise of your own, and there is most definitely a wrong way to invest in a franchise of your own.... Of course, there is a right way to do your franchise research, and there is..well you know... Let's discuss what the beginning of the franchise investigating process looks like; {From the... Read more →

Don't Be A Mullet; Watch Out For Trolling Franchise Brokers

Please don't be a mullet! I belong to a local area online executive job seeker group, and was encouraged to join up as a resource for those looking at alternatives to a traditional job search. I provide franchise consulting/matchmaking services to the area's downsized executives, and middle mangers. Last night, this is what was put out on the "discussion board"... Read more →

Work In A Franchise Before You Buy it?

As more Veteran's start returning from overseas, they will be faced with many decisions. One of their decisions will revolve around their careers. Will returning war veteran's opt for traditional jobs, or get into more entrepreneurial ventures? One thing they may be looking at is franchise ownership.... Recently, I wrote an article about a young franchisor out of Ohio, called... Read more →

Do Franchises Really Have A Low Failure Rate?

% % % % As a franchise consultant, I get to do seminars on franchise ownership. I always tell my audience that the only meaningful statistic on franchise success is their own experience with franchise ownership. Unfortunately, statistics like that requires one to take some risk, and actually invest and open up a franchise. Statistics can be promoted and shuffled... Read more →