Business Coaching Franchise Failure Rate

Business Coaching Franchise Failure Rate

Perhaps you've heard the statistic that only 5% of franchises fail within five years. But how does this compare to the business coaching franchise failure rate? Before you buy this statistic hook, line, and sinker, keep in mind that the majority of franchises sold in the United States are what franchise expert Robert Purvin calls "blue chip"...

Starting a Business Coaching Franchise: How Much Money Does it REALLY Take?

Starting a Business Coaching Franchise: How Much Money Does it REALLY Take?

Most prospective business coaching franchise owners aren't sure exactly how much they should expect to invest to launch a new business coaching franchise. That's because the full costs of starting a business coaching franchise are often hidden in the fine print or wrapped up in the day-to-day operations of the business. So if you're wondering how...

Should You Be a Local or Global Business Coach?

Should You Be a Local or Global Business Coach?

Should you aim to be a local or global business coach? If you're considering a business coaching franchise, it might not even be a question you can ask. In most cases, business coaching franchisors restrict you to a local market. They say it's a benefit. But is it really? The fact is, in 90% of cases it's easier to go global than it is to go...

Is Brand Recognition for a Business Coaching Franchise Valuable?

Is Brand Recognition for a Business Coaching Franchise Valuable?

Often, when you're considering a business coaching franchise, the franchisor will tell you that their "brand recognition," in and of itself, is a valuable asset that will bring you business. But is brand recognition for a business coaching franchise really valuable? Usually not. True national brand recognition is generally only...

What’s a Business Coaching Franchise Agreement?

What’s a Business Coaching Franchise Agreement?

A business coaching franchise agreement is THE controlling document of your relationship to the Franchisor and represents the culmination of what has undoubtedly been a lengthy sales cycle. This document tells you exactly what the franchisor is providing you in exchange for your money. It explicitly lists payment terms and penalties for missing...

Buy a Business Coaching Franchise License for Pennies on the Dollar

Buy a Business Coaching Franchise License for Pennies on the Dollar

Like anything in business, your goal is to buy low and sell high. But there are literally thousands of people who have foolishly paid top dollar for business coaching franchises they now regret owning. This represents a huge opportunity for you. If you’re interested in a franchise system, all you need to do is find a coach who wants out and buy...

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