franchise – The Bibby Group https://www.bibbygroup.com Excellence in Franchising and Entrepreneurship Sun, 28 Jan 2018 00:22:34 +0000 en-US hourly 1 130813010 How Much Money Can I Make With This Franchise? https://www.bibbygroup.com/how-much-money-can-i-make-with-this-franchise/ Thu, 22 Jun 2017 18:49:58 +0000 https://www.bibbygroup.com/?p=7861 The question asked by every first time franchise buyer With the exception of highly experienced buyers, most franchises are purchased based on salesmanship and dreams of making big money. And anything that smacks of making money, whether subtly weaved into a conversation or stated in some very crafty, almost meaningless earnings claim, is just extra [...]

The post How Much Money Can I Make With This Franchise? appeared first on The Bibby Group.

]]>
7861
DO THE WORK YOU LOVE AND THE MONEY WILL FOLLOW https://www.bibbygroup.com/work-love-money-will-follow/ Thu, 22 Jun 2017 15:21:56 +0000 https://www.bibbygroup.com/?p=7858 Successful entrepreneurship truly begins on the inside and ultimately manifests itself as an appropriate personal expression on the outside.  This may sound logical enough, but in practice, few emerging entrepreneurs give themselves permission to be led by their heart.  Instead, when we are unduly influenced by other people’s opinions and supposed hot business opportunities we [...]

The post DO THE WORK YOU LOVE AND THE MONEY WILL FOLLOW appeared first on The Bibby Group.

]]>
7858
FRANCHISE BROKERS VS. FRANCHISE CONSULTANTS https://www.bibbygroup.com/franchise-brokers-vs-franchise-consultants/ Wed, 26 Apr 2017 13:37:58 +0000 https://www.bibbygroup.com/?p=7774 Franchise Broker or Franchise Consultant? There are literally hundreds of ‘franchise brokers’ who now label themselves ‘franchise consultants’. Prospective entrepreneurs who are interested in buying a franchise need to educate themselves on this important subject. First, there is an enormous difference between what was traditionally a broker versus a franchise consultant. Somewhere in the 1990’s [...]

The post FRANCHISE BROKERS VS. FRANCHISE CONSULTANTS appeared first on The Bibby Group.

]]>
7774
HOW TO KNOW IF A FRANCHISE CAN BE A MONEYMAKER https://www.bibbygroup.com/how-to-know-if-franchise-can-be-moneymaker/ Tue, 18 Apr 2017 13:46:14 +0000 https://www.bibbygroup.com/?p=7766 The concept of ‘franchise due diligence’ should be on the mind of everyone thinking about buying a franchise. Unfortunately, the majority of prospective entrepreneurs do not put enough effort into doing their homework to even understand what they should be examining or how to analyze the information available to them. It’s also unfortunate that most [...]

The post HOW TO KNOW IF A FRANCHISE CAN BE A MONEYMAKER appeared first on The Bibby Group.

]]>
7766
Are Franchisees entrepreneurs? https://www.bibbygroup.com/franchisees-entrepreneurs/ Thu, 13 Apr 2017 13:25:25 +0000 https://www.bibbygroup.com/?p=7763 First and foremost, YES, franchisees are entrepreneurs. They are simply a ’type’ of entrepreneur. Just as there are different types of trees, homes and automobiles, there are different types of entrepreneurs. Somewhere in the 1990’s the term ‘entrepreneur’ became associated with hi-tech start-ups and higher levels of technology, but in its most basic form it [...]

The post Are Franchisees entrepreneurs? appeared first on The Bibby Group.

]]>
7763
Do your homework (pre-purchase franchise due diligence) when BUYING A FRANCHISE https://www.bibbygroup.com/pre-purchase-franchise-due-diligence/ Tue, 11 Apr 2017 12:49:00 +0000 https://www.bibbygroup.com/?p=7760 Pre-Purchase Franchise Due Diligence is a Must One would assume that a high percentage of people buying a franchise would conduct proper pre-purchase franchise due diligence and even obtain professional advice before making the purchase, but that’s not so. First, most prospective franchisees are not experienced business people. They are venturing into entrepreneurship for the [...]

The post Do your homework (pre-purchase franchise due diligence) when BUYING A FRANCHISE appeared first on The Bibby Group.

]]>
7760