As a franchise broker, I made the smart as well as responsible choice to become a member of an amazing organization called the Franchise Brokers Association (FBA). CEO Sabrina Wall and her A-Team do an incredible amount of work for us brokers. They provide training, guidance, leadership, and tools to help make us better at what we do and be … Read More
6 Questions Everyone Wants Answered When Looking at Buying a Franchise
With all the questions that I have been asked when working with franchisee candidates, there are 6 of them that stand out as ones asked by everyone at some point during the franchise discovery process. They are: How much is it going to cost me? How much money am I going to make? How quickly can I make money? What … Read More
What Franchises Are Hot Right Now?
I get this question probably 8 out of 10 times when I speak with new candidates. Out of all the questions people ask me, this is my least favorite one and here’s why. Most people would say Panera Bread, McDonalds, Dunkin Donuts, Chick-Fil-A, and pretty much any other empire brand are great franchise businesses. Here’s the rub – just because … Read More
Are All Your Career “Eggs” in One Basket?
When it comes to our investment portfolios, one of the strategies most of us use is diversifying. We do that to minimize the risks of the unknown when we go all in on one investment. Typically, that strategy serves us well especially in economic downturns, we often end up less scathed. With everything that has been going on in the … Read More