Joel Libava

Joel Libava

Joel Libava is a franchise ownership adviser best known as The Franchise King®. He is the author of Become A Franchise Owner! The Start-Up Guide To Lowering Risk, Making Money, And Owning What You Do (Wiley 2011).

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The 5 Elements of a Successful Franchise

There is no one perfect franchise, but there are many that have elements that lay the groundwork for success.

Buying a Franchise? When You Need to Worry About Location.

A look at the common fears of aspiring franchisees when it comes to choosing their franchise location.

The Best Time to Visit Your Franchise Headquarters

Some advice for franchisees on how to decide whether a trip to your franchise's home turf makes sense.

Future Franchisees: Don't Be Thrown by the Financial Disclosure Document

Break the FDD down into bite-sized pieces to avoid feeling freaked out and make a well-reasoned decision about becoming a franchisee.

Why You Need to Share Your Finances to Buy a Franchise

When purchasing a franchise, it is imperative to have your books in order.

Potential Franchisees: The Right Way to Ask 'How Much Money Can I Make?'

There's a right and wrong way to ask how much money your potential franchise could earn when researching becoming a franchisee.

Veterans: 3 Ways to Minimize the Risks of Buying a Franchise

Owning a franchise can be an appealing option for men and women returning from military service. Here's some advice on what should be considered beforehand.

3 Types of Franchises That Make Great Family Businesses

If you're thinking of buying a franchise and want your family to be involved in running it, consider these options.

The 3 Scariest Things About Owning a Franchise

Owning a franchise can be a rewarding career path, but people need to be cognizant of the hard truths that come with it.

4 Reasons Why You Need to Hire a Franchise Attorney

If you're looking to run a franchise, you need to do everything in your power to protect yourself legally. Here's some advice.

How to Avoid the Most Depressing Sentence in All of Franchising

The path to owning a franchise can come with many disappointments, but none as great as this one.

Do Angry McDonald's Franchisees Have a Leg to Stand On?

If you're thinking of becoming the owner of any franchise someday, there's an important lesson contained in what's currently going on with this fast-food giant.

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