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Become a Franchise Owner!: The Start-Up Guide to Lowering Risk, Making Money, and Owning What you Do Hardcover – December 6, 2011


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Product Details

  • Hardcover: 261 pages
  • Publisher: Wiley; 1 edition (December 6, 2011)
  • Language: English
  • ISBN-10: 1118094026
  • ISBN-13: 978-1118094020
  • Product Dimensions: 6.3 x 1 x 9.3 inches
  • Shipping Weight: 1 pounds (View shipping rates and policies)
  • Average Customer Review: 4.6 out of 5 stars  See all reviews (38 customer reviews)
  • Amazon Best Sellers Rank: #165,080 in Books (See Top 100 in Books)

Editorial Reviews

From the Inside Flap

Plenty of people have tired of taking orders from the workaday world and would love a chance to be their own boss. If you've started thinking about franchise ownership as your escape route from the office, Become a Franchise Owner! will arm you with the insights you need as you search for a franchise opportunity that's right for you.

With more and more professionals looking for alternatives to traditional corporate employment, Become a Franchise Owner! explains the joys and perils of the franchise model. Joel Libava, "The Franchise King®," offers straightforward, step-by-step tips and advice on how to properly (and carefully) research and select a franchise business. Through real-world examples, Libava also details what not to do when buying a franchise—errors that could cost you hundreds of thousands of dollars when you're finally forced to walk away from a failed business.

Become a Franchise Owner! offers the information and tools you need to take advantage of the franchise model:

  • Take a self-evaluation quiz in order to determine if you're franchise material

  • Learn to assess your skill set and match your interests and aptitudes with an appropriate franchise

  • Get tips on how to locate information about current industry trends, interview franchisors/franchisees, and how to discover hot franchise opportunities

  • Learn the forty crucial questions to ask before buying a franchise

Owning a franchise isn't for everyone; in fact, as Joel Libava says, "It's really not for most people." But if it is for you, this book can guide you in starting your own successful franchise business.

From the Back Cover

Praise for Become a Franchise Owner!

"Joel 'The Franchise King' Libava knows what he's talking about. That's why I handpicked him to become the resident franchise expert at my publication—no one else gives the same balance of facts and informed advice." —Anita Campbell, CEO and Editor in Chief of SmallBizTrends.com

"Joel Libava goes beyond what's necessary. He gives you the heart of the matter in regard to becoming a franchise owner, and guides you in what to do with that information. Get this book and grow!" —Chris Brogan, coauthor of Trust Agents

"The decision to become a franchise owner is a big one—you would be crazy to even consider making it without Joel Libava's years of experience in your corner." —John Jantsch, author of Duct Tape Marketing and The Referral Engine

"Joel is indeed the Franchise King—I wouldn't even consider buying a franchise without reading his book twice." —John Warrillow, author of Built to Sell: Creating a Business That Can Thrive Without You

"Joel's no-nonsense attitude and refreshing honesty comes through in droves in this outstanding book. Prospective franchisees will find the Franchise King's approach very effective, highly educational, and entertaining. This book is a must-read for anyone thinking about buying a franchise." —Rob Goggins, Vice President of Franchise Development, Great Clips, Inc.


Related Media

Customer Reviews

For anyone looking for some real advice about starting up a franchise, I would highly recommend this book.
Jennifer Madziarczyk
The information was thorough and complete giving confidence that you are on the right track to owning your own franchise.
Amybeth
Just finished the book and must say that I found it to be a very easy read yet extremely informative at the same time.
CANAM Franchise

Most Helpful Customer Reviews

14 of 16 people found the following review helpful By Denise O'Berry on December 18, 2011
Format: Hardcover
Length: 3:20 Mins
Owning a small business is a big deal. And owning a franchise adds a layer of complication on top of business ownership. It takes a special set of skills to be a successful franchise owner. This is not something you will want to jump into without some research and exploration. You can shorten that research time by picking up a copy of this book. It's a step-by-step guide that will take you through the journey of deciding whether a franchise is for you and if it is, what franchise would be the best fit. Right out of the gate, Joel offers up a quiz you can take about franchise ownership so you can begin your journey, then he delves into franchise models and explores your fit within that framework. His writing is informative and entertaining. You'll find yourself chuckling as you become educated about the franchise process. I highly recommend this book if you are considering franchise ownership.
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4 of 4 people found the following review helpful By Jim Kukral on December 5, 2011
Format: Hardcover Verified Purchase
If you've ever even thought about owning a franchise, you must read "Become a Franchise Owner!" first. Look at it this way. You're thinking about investing a large amount of money, time and your life into a franchise. Don't you want to make sure you do it right, the first time? "Become a Franchise Owner!" is the ultimate authority on the subject. Joel Libava, aka, the Franchise King, is your one-stop guide to ensuring you make the right decision with your new franchise.
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3 of 3 people found the following review helpful By evanlucky13 on November 23, 2011
Format: Hardcover
Wow, what an inspirational and well thought out guide to starting up a business. I mean obviously it can't provide all the answers for you but the strategies and considerations it promotes are nothing short of sound advice. A worthy read.
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2 of 2 people found the following review helpful By Matt Mansfield on January 11, 2012
Format: Hardcover
If you think that becoming a franchise owner is as easy as signing a check, then you need to buy this book.

Joel holds your hand from start to finish covering topics like:

1) How to figure out whether you're cut out to be a franchise owner (yes, there's a quiz);

2) How to discover the franchise that's right for you;

3) The hidden costs, legalities and other stuff that you might not find out about until after you sign on the dotted line;

4) Where to find the information you need to learn all about each franchise, your market and whether there's a match between the two; and

5) So much more!

I especially liked the chapter on research which walked me through a franchisee selection process and provided the right questions to ask at each step to assure that I learned everything I needed to know.

Bottom-line: this book is a one-of-a-kind collection of step-by-step details on how to become a franchise owner written by someone who has been there and done that. If you are thinking about becoming a franchisee, I highly recommend reading this first.
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2 of 2 people found the following review helpful By Bryan E. on September 9, 2012
Format: Kindle Edition Verified Purchase
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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2 of 2 people found the following review helpful By Jennifer Madziarczyk on February 8, 2012
Format: Hardcover Verified Purchase
For anyone looking for some real advice about starting up a franchise, I would highly recommend this book. It is very straight-forward and gives the pros and cons about becoming a franchisee. It doesn't sugar coat anything and provides a realistic description of life as a franchise owner. I applaud Joel Libava's desire to give an honest look at the franchsing industry in the hopes of encouraging potential franchise owners to be very sure that franchising is right for their personalities and goals, significantly increasing the odds of success. The book covers all aspects of making the franchise decision.....from in-depth personality reviews and selecting the right type of franchise to financial investment and financing. Don't pass this one up if you're thinking about getting started!
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2 of 2 people found the following review helpful By R. Patterson on January 16, 2012
Format: Hardcover Verified Purchase
I had heard of The Franchise King last year through a friend and was excited to hear he was writing a book on franchising. As someone who has always been interested in starting a business on my own, this book taught me a lot about the world of franchising. This is the 3rd book I have read on the subject and it is head and shoulders above the rest!

Not only was it informative but I really enjoyed Joel's writing style. With anecdotes and humor sprinkled throughout you will not be able to put it down. In fact I learned more from the first 75 pages than I did from the previous 2 books combined!

If you are thinking about becoming your own boss (franchise or not) and potentially investing thousands of dollars this book should be top on your list!
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Most Recent Customer Reviews


More About the Author

I'm The Franchise King®, Joel Libava. As a top advocate for franchise buyers, I provide important tips and crucial information for people that are considering franchise ownership as a path to freedom and control.

I help people own what they do.

I'm pro-franchising, for sure. But I don't drink my industry's Kool-Aid.

I don't feel that anybody who has a little money, (or a lot of money) should invest in a franchise business. It's not that franchising is bad; it's just not for everybody. The business model of franchising requires franchisees to follow specific procedures...and rules.

My franchise book addresses every single thing that prospective franchise owner's need to know about franchise ownership, as well as the specific steps they need to take to properly choose and carefully research franchise business opportunities that can help them get where they want to go.

For the right person, at the right time in their life, who's in a good financial position, franchise ownership can be a great thing.

I'm out to create a new generation of super-successful franchise owners.



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Become a Franchise Owner!: The Start-Up Guide to Lowering Risk, Making Money, and Owning What you Do
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