Free PDF , by Joel Libava
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, by Joel Libava
Free PDF , by Joel Libava
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Product details
File Size: 875 KB
Print Length: 289 pages
Page Numbers Source ISBN: 1118094026
Publisher: Wiley; 1 edition (November 3, 2011)
Publication Date: November 3, 2011
Sold by: Amazon Digital Services LLC
Language: English
ASIN: B0063ZJNMM
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Amazon Best Sellers Rank:
#573,659 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
I am completely new to franchising and I was looking for a book which could introduce me to it and help me decide if this is the path I want to pursue at this point in my life. I read another book about franchising (based on Amazon's top ratings) but found it to be rather dull and not very insightful. This book covers the topic from soup to nuts (the nuts being up until you actually purchase a franchise). I found the book very entertaining and easy to read to the point that I finished it in a few days (not easy for me since I am a slow reader).The author takes a very practical approach to lowering your risk when finding and purchasing a franchise. He doesn't push franchising on you and even has a test to see if you are a right fit for franchising. The book also answered most of my questions like: Should I use a franchise consultant and what do they do in the first place? How much can I afford to start a franchise? Is financing available? What is the process of purchasing a franchise? What is the FDD and what parts are important? What should I ask when I talk to other franchisees? and more.I would have liked the author to go more into if a person should create a LLC, S-Corporation, etc. There was only a paragraph on that and I'd like to know more about the plusses and minuses of each and when to create one. Other than that, the book was fantastic. Buy this one first before any others!
The book "Become a Franchise Owner! The Start-up Guide to Lowering Risk, Making Money, and Owning What You Do" by Joel Libava the self-proclaimed Franchise King is a very good reference for anyone who is considering investing in a franchise as an alternative to a traditional job. The current economic climate has challenged countless business professionals and executives to re-examine their career goals whether they have been impacted by a recent downsizing exercise or are currently extremely dissatisfied, disillusioned, and unmotivated in their current job.There is no question that Joel certainly has considerable experience and insight into the franchise industry. The most compelling aspect of this publication is that Joel is not delivering a hard sell for the franchise business model. A large portion of this book is focused on providing prospective franchisees with a reality check on the business model, expectations, challenges, and obstacles along with the benefits of being your own boss and in charge of your professional destiny. While Joel certainly makes a case for the value of his services as an independent franchise consultant, he also provides a valuable framework of how to objectively evaluate franchise businesses and a various tools to identify the right industry and business model for you.While I do not concur with a number of Joel's perspectives regarding the service industry supporting the hundreds of thousands of franchise businesses across the US, I would definitely recommend his book to candidates and associates who are considering a franchise business as a potential career option. This book is a both a good primer as well as reference tool during the evaluation process.
This book is a MUST for those considering a franchise!!It was such an easy read- like the author is having a conversation with you!It asks important, thought provoking questions for the person considering owning their own business.
Investing in a franchise is not an inexpensive venture. Having read Joel's book I have a clear idea of how to do detailed research before signing a franchise contract. It can certainly make the difference between success and failure. Joel's book is easy to read and you can sense that he truly is interested in giving you the best chance at success by the many examples he has given. He has walked you through step-by-step the entire process form determining whether you are franchisee material to meeting with the franchiser to business planning and securing financing. This is a must read for anyone thinking of purchasing a franchise. Joel truly is 'The Franchise King'
A very interesting, easy to read, yet detailed book covering all of aspects of investing in a franchise. Joel's story telling and conversational manner makes you feel like he is talking directly to you.
I was pretty amazed at how Joe captured nearly everything that was running through my head in considering getting into the franchise world as a first-timer. I thought I had been doing a great deal of research on my own until I read this book and Joe pointed out so much more I hadn't even considered yet.Very easy read, the author takes an entertaining and informal tone while delivering key information about all aspects of franchising. I finished the book in two days. (My wife asked if I had found a can't-put-it-down mystery or something...)Now I'm ready to continue my research armed with all kinds of new insights and ideas. But also tempered by the warnings and insights from Joe that not everyone is cut out for or prepared for life as a franchisee. He's very honest about that and challenges you to be honest with yourself about it.I definitely recommend this book to anyone considering venturing into franchising.
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