Dr. John P. Hayes is one of the few people in the world to have been a franchisor, a franchisee, and an advisor to franchise companies. In a span of more than 35 years, he is one of the most published authors on the subject of franchising. He is the author of numerous best sellers at Amazon.com and the only person to have authored an article about franchising for Reader’s Digest magazine.
At the International Franchise Expo in New York City, sponsored by the International Franchise Association, he teaches the most popular seminar: The A to Zs of Buying a Franchise.
Dr. Hayes is the co-author of Franchising: The Inside Story, the first book to explain how to investigate and acquire a franchise opportunity. He has written other books with franchisors, including You Can’t Teach A Kid To Ride A Bike At A Seminar, with David Sandler, founder of Sandler Sales System; and Start Small, Finish Big, with the co-founder of Subway Restaurants. He is the author of three e-books devoted to franchising: Buy “Hot” Franchises Without Getting Burned, 12 Amazing Franchise Opportunities for 2015, and 101 Questions To Ask Before You Invest in a Franchise. All three titles have been #1 best sellers in the Franchise category on Amazon.
You’ll find his blogs at HowToBuyAFranchise.com and his podcast, the How To Buy A Franchise Show, on iTunes and Stitcher Radio.
An Excerpt of Take the Fear Out of Franchising
In the pages that follow, I’ll tell you about the fundamental tenets of franchising. More than anything else I can think of, following these tenets is the best way to take away the fear of franchising.
Start A Franchise
For almost 40 years people have been telling me why they want to buy and start franchises. These reasons include:
Types of Franchises
While franchising offers you the opportunity to buy one of nearly 3,000 different franchise brands, it also offers you multiple ways to become a franchisee.
Typical Startup Costs
The good news is that franchising probably isn’t as expensive as you’ve been told it is. People often say, “It takes a million bucks to buy a franchise,” but that’s many times richer than what it actually costs to buy many franchises.
Buy a Franchise and Learn What Not To Do!
It’s counter-intuitive to buy a franchise to learn what not to do, but it may be exactly what many people need to do to justify buying a franchise
Why Franchising Works for Some People, But Not All
Franchising is a powerful methodology used by businesses in more than 75 primary industries. But there’s one thing about franchising than many people overlook. It’s not for everyone; and it may not be for you.