Author Archives: Joel Libava

Joel Libava is a SBA blog contributor. As The Franchise King he is the author of "Become a Franchise Owner!" and recently launched Franchise Business University.

Three Ways to Spot Franchise Trends

franchise trends

If you’re going to start investigating franchise opportunities, there are a few questions that will undoubtedly come up. They are: “What franchises are ‘hot’ right now?” “What are the ‘up and comers?’” “Are there certain segments in franchising I should be looking into?” Here, you can get the answers so you can search for franchises that are in line with some of the current trends taking place in the U.S. How…

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How to Get Past the Fear of Buying a Franchise

Before I share my ideas on how you can get past your fear of buying a franchise, I need to address this issue: It’s perfectly normal to have feelings of fear when you’re thinking about buying a franchise. Let’s see if I can help alleviate some of these fears for you. Transition Fears You’re probably worried about the transition you’ll be making if you decide to move forward with the franchise…

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Three Things All Successful Franchisees Do

franchisee

If you want to become a successful franchisee, there are certain things you need to do. Clearly, some of them need to be done before you sign your franchise agreement. They include choosing the right franchise, doing thorough research, and arranging the right type of financing. The other things you need to do should happen after you become a franchise owner. In this post, I’m going to share three things that all successful…

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How Long Does It Take to Start a Franchise?

Purchasing a franchise involves many steps — and a lot of time and effort. But, if you’re organized, and you’ve taken the time to learn all you can about franchising, you’ll be able to speed up the process. Keep reading to learn how long it will take to start your franchise business. Purchasing Steps: 1. The Search Typically, you’ll visit several different franchise opportunity websites until you narrow it down…

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How Much Energy Do You Need For a Franchise?

Franchises like Veronica Barrera-Cuellar's locations of Rocky Mountain Chocolate Factory (as featured in the Nov. 2017 edition of VBR) are big business in the Valley. (VBR)

There’s hard work, and there’s really hard work. Owning and operating a franchise business falls under “really hard work.” Are you prepared for it? Owning a Franchise “If it was so easy, everyone would do it.” That’s a true statement, especially when it comes to being the active owner of a franchise business. Most franchises require their owners to be active — to be working in the business. But some, like these, don’t.…

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