The Franchise King Blog

It's Raining Cats And Dogs. Pet Related Franchise Growth Continues

 

Is it my imagination, or are there more and more franchise concepts starting that have to do with the following;

• Grooming
• Mobile grooming
• Dog Daycare
• Dog And Cat Sitting
• Dog poop Removal {Still can't quite put my arms around this one. And I don't want to.}
• Dog Camps
• Dog Training

Is the economy good enough to warrant all of these franchise start-ups? Let's find out.

Go to Anita Campbell's Small Business Trends website to find out...

Are Franchise Companies Ready For A Growth Spurt?

                                                                                                                                             

Months and months of mostly negative discussions about a mostly negative economy have left a lot of us mostly...well...negative. Is there change in the air?

The phone calls and emails that I have been receiving in the last 60 days or so are decidedly different than the ones I had been getting since the middle of last year.

The differences;

• People that are inquiring about franchise ownership are very serious about making a change in their lives. They are not merely "curious" about franchising. 
• A high percentage of them are telling me that they are not prepared to expend a lot of energy on a job search, because of the sheer volume of job seekers out there.
• Even though word on the street about the difficulties of getting business loans is still negative, none of the prospective franchise owners who have contacted me in the past couple of months have voiced their concerns about getting a franchise business loan. 

                           {Here are my "7 Steps To Financing A Franchise}

Now, if I'm seeing an uptick in serious inquires, I'll assume that the franchisors that are looking to sell a franchise or two are also.

Franchise company execs; Are you ready for an uptick?

Find out by going to OPEN FORUM By American Express, where I am the franchise columnist. There are some really important things that you should be doing right now...

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A Very Helpful Franchise

From The Daily Franchise News;

Jim Wright is the man to call for help, when it comes to mobility...

The Naples Daily News reported Wright is the owner of Amramp and one of the company's 40 franchisee-owned operations throughout the nation that sells and installs steel access ramps for the disabled on homes and for events like high school graduation ceremonies. Since opening for business in February, Wright has installed $12,000 in ramps and plans to break $50,000 by the end of 2009. He says Most of the sales are rentals installed on the homes of people with work-related injuries. Wright plans to sell $50,000 by year-end. “The demand is there,” Wright said.

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5 Things My Dad Taught Me About Business And Life

                            
          

June 23rd is the second anniversary of my father, Jerry Libava's death. He succumbed to lung cancer in 2007. He started his self-employment trek in 1990, after being a victim of corporate downsizing at Physicians Weight Loss Centers, where he opened over 300 franchises.........

How Much Should You Invest In A Franchise?

                                                                                                                                            

As I stated in the previous post, "If you don't know where you are, how can you expect to get where your going?"

Let's assume that you finished up your net worth statement, and are ready to figure out the investment amount you should budget for your own franchise business. Here are my thoughts on budget...

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