{"id":29360,"date":"2019-01-17T14:27:10","date_gmt":"2019-01-17T14:27:10","guid":{"rendered":"https:\/\/www.thefranchiseking.com\/?p=29360"},"modified":"2022-04-28T20:22:18","modified_gmt":"2022-04-29T00:22:18","slug":"franchise-opportunity-research-dumb","status":"publish","type":"post","link":"https:\/\/www.thefranchiseking.com\/franchise-opportunity-research-dumb","title":{"rendered":"Doing Franchise Opportunity Research Like This Makes You Look Dumb"},"content":{"rendered":"<p>(<em>The following is an excerpt from my eBook<\/em>,<em>&#8220;<a title=\"books about how to research franchises\" href=\"https:\/\/www.thefranchiseking.com\/definitive-guide-to-franchise-research\">The Definitive Guide To Franchise Research<\/a>.&#8221; Are you ready to learn something new about doing franchise opportunity research?<\/em>)<br \/>\nGood!<br \/>\n<a href=\"https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/red-pepper-pizza-franchise.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-29378\" src=\"https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/red-pepper-pizza-franchise.jpg\" alt=\"red pepper pizza franchise story\" width=\"637\" height=\"432\" srcset=\"https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/red-pepper-pizza-franchise.jpg 640w, https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/red-pepper-pizza-franchise-320x217.jpg 320w, https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/red-pepper-pizza-franchise-620x420.jpg 620w\" sizes=\"auto, (max-width: 637px) 100vw, 637px\" \/><\/a><\/p>\n<h2>A Story: The Red Pepper Pizza Franchise<\/h2>\n<p>Let\u2019s say you\u2019ve had a couple of conversations\u2026good ones at that, with the franchise development representative of \u201c<em>Red Pepper Pizza<\/em>.\u201d (<em>I made up the name<\/em>)<\/p>\n<p>This pizza franchise is well within your budget, and you\u2019ve been told that there\u2019s plenty of available territory in your area. Thing is, you don\u2019t know much about the brand.<\/p>\n<p>More importantly, you haven\u2019t gotten the specifics yet, because you just started looking at the franchise a week and a half ago. But you\u2019re so excited!<\/p>\n<p>Red Pepper Pizza looks like a great franchise opportunity.<\/p>\n<p>So you go to the Red Pepper Pizza website (<em>again<\/em>!) to see if there\u2019s a franchise location within driving distance-and by golly there is, and it\u2019s only about 25 miles away! (<em>You know where this is going, right<\/em>?)<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/driving-1.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-29380\" src=\"https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/driving-1.png\" alt=\"driving as part of your franchise opportunity research\" width=\"600\" height=\"467\"><\/a><\/p>\n<h2>One Part Of Franchise Opportunity Research: Driving<\/h2>\n<p>One hour later you\u2019re there. And hey&#8230;it\u2019s lunchtime!<\/p>\n<p>So, you put yourself in \u201c<em>detective mode<\/em>,\u201d and start scoping out the parking lot.<\/p>\n<p>In this case, detective-mode really means sitting in your car for 10-15 minutes to \u201c<em>observe<\/em>.\u201d<\/p>\n<p>Once you\u2019re done observing the parking lot, the entrance to the restaurant, and counting how many people are coming and going etc., you head in.<\/p>\n<p>You look around-quickly counting the number of tables, employees and the like, and ask to be seated.<\/p>\n<p>After peppering your server with questions that run the gamut from \u201c<em>what do you think of the company<\/em>?\u201d to \u201c<em>how busy have you been<\/em>?\u201d you order a small salad, a pizza and a Diet Pepsi&#x2122;.<\/p>\n<p>The food happens to be very good, and after your server clears your dishes, you ask her if the owner is around. It turns out he is, so she has him stop over to your table.<\/p>\n<p>The first thing you notice is the strange look he has on his face. It\u2019s almost as if he\u2019s suspicious of something. (<em>Duh\u2026of course he\u2019s suspicious. That\u2019s because your server told him about all of the strange business-related questions you\u2019ve been asking her<\/em>.)<\/p>\n<p>And before you have the chance to say hi, he asks you who you are. You tell him your name and share that you\u2019re thinking of getting into \u201c<em>the pizza business<\/em>,\u201d and you just wanted to know a few things. After which he gives you a look that seems to say \u201c<em>question-time is over<\/em>.\u201d <b>Awkwardly, you head for the exit.<\/b><\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/going-back-home.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-29381\" src=\"https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/going-back-home-620x357.jpg\" alt=\"driving back\" width=\"637\" height=\"367\" srcset=\"https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/going-back-home-620x357.jpg 620w, https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/going-back-home-320x185.jpg 320w, https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/going-back-home.jpg 640w\" sizes=\"auto, (max-width: 637px) 100vw, 637px\" \/><\/a><\/p>\n<h2>You&#8217;re Driving Back Home<\/h2>\n<p>On your drive back, you try to figure out why the owner got so weird. After all, you were nice. All you did was ask his server a few questions.<\/p>\n<p>On the whole, the entire experience was kind of uncomfortable. Maybe a Red Pepper Pizza franchise isn\u2019t for you after all. What Happened?<\/p>\n<p>I\u2019ll tell you what happened. You messed up.<\/p>\n<p><strong>You should have never visited that franchise location<\/strong>.<\/p>\n<p>That\u2019s because you weren\u2019t ready. You didn\u2019t have enough information. You didn\u2019t know what to look for. <a href=\"https:\/\/www.thefranchiseking.com\/how-to-research-a-franchise\" target=\"_blank\" rel=\"noopener noreferrer\">You didn\u2019t know what questions to ask<\/a> the server and\/or the owner. And because of that, you looked like a fool. An amateur. And you came across like you actually were a detective (<em>or maybe an IRS Agent<\/em>), which got the franchisee paranoid. Can you blame him? (<em>In all honesty, he probably thought you were a potential competitor<\/em>.)<\/p>\n<p>And as an added bonus, if you do end up pursuing a Red Pepper Pizza franchise, good luck getting answers from that franchisee when you finally do know enough about the franchise opportunity.<\/p>\n<p>What&#8230;you don\u2019t think he\u2019ll recognize you? Talk about uncomfortable.<\/p>\n<p><strong>Doing Franchise Opportunity Research Like This Makes You Look Dumb<\/strong><\/p>\n<hr>\n<p>Did you learn something new?<\/p>\n<p><strong>Grab my eBook to learn even more!<\/strong><\/p>\n<p><a href=\"https:\/\/www.thefranchiseking.com\/definitive-guide-to-franchise-research\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone  wp-image-29127\" src=\"https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/download-definitive-research-guide.jpg\" alt=\"book the definitive guide to franchise research\" width=\"348\" height=\"403\"><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(The following is an excerpt from my eBook,&ldquo;The Definitive Guide To Franchise Research.&rdquo; Are you ready to learn something new about doing franchise opportunity research?) Good! A Story: The Red Pepper Pizza Franchise Let&rsquo;s say you&rsquo;ve had a couple of conversations&hellip;good ones at that, with the franchise development representative of &ldquo;Red Pepper Pizza.&rdquo; (I made [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":29378,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","footnotes":""},"categories":[33],"tags":[1942],"class_list":["post-29360","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-franchise-research","tag-researching-franchise-opportunities"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Franchise Opportunity Research | What Not To Do<\/title>\n<meta name=\"description\" content=\"If you&#039;re serious about owning a franchise, you need to know that doing franchise 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Joel is the author of \"Become a Franchise Owner!\" (Wiley) and \"The Definitive Guide to Franchise Research\" (Self). Joel's blog, The Franchise King Blog, is the longest-running blog in franchising. Joel also owns and operates The Franchise Attorney Directory. Joel Libava works 1-on-1 as a Franchise Ownership Advisor, and is a prolific writer on all things franchising. Finally, he's been in franchising close to 25 years.","email":"joel@thefranchiseking.com","telephone":"2168312610","legalName":"Franchise Selection Specialists Inc.","foundingDate":"2002-01-20","taxID":"20-1184045","numberOfEmployees":{"@type":"QuantitativeValue","minValue":"1","maxValue":"10"}},{"@type":"Person","@id":"https:\/\/www.thefranchiseking.com\/#\/schema\/person\/b560fd324f6df9be52ac875e631beb66","name":"Joel Libava","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/0c74981307dba3f4970cdf8359a1b2fc6ffe7721a2e3d1001acd9ac59db6ed61?s=96&d=mm&r=pg","url":"https:\/\/secure.gravatar.com\/avatar\/0c74981307dba3f4970cdf8359a1b2fc6ffe7721a2e3d1001acd9ac59db6ed61?s=96&d=mm&r=pg","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/0c74981307dba3f4970cdf8359a1b2fc6ffe7721a2e3d1001acd9ac59db6ed61?s=96&d=mm&r=pg","caption":"Joel Libava"},"description":"I\u2019m The Franchise King\u00ae, Joel Libava. I'm the author of two helpful books on researching and buying a franchise. In addition, I'm a Franchise Ownership Advisor with 20+ years of experience working 1-on-1 with people interested in buying a franchise, safely. Subscribe to my free VIP Franchise Newsletter.","sameAs":["https:\/\/www.thefranchiseking.com","https:\/\/www.instagram.com\/thefranchchiseking1","https:\/\/linkedin.com\/in\/joellibava","https:\/\/in.pinterest.com\/franchiseking\/","https:\/\/www.youtube.com\/JoelLibava"],"knowsAbout":["Franchising"]}]}},"_links":{"self":[{"href":"https:\/\/www.thefranchiseking.com\/wp-json\/wp\/v2\/posts\/29360","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.thefranchiseking.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.thefranchiseking.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.thefranchiseking.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thefranchiseking.com\/wp-json\/wp\/v2\/comments?post=29360"}],"version-history":[{"count":0,"href":"https:\/\/www.thefranchiseking.com\/wp-json\/wp\/v2\/posts\/29360\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.thefranchiseking.com\/wp-json\/wp\/v2\/media\/29378"}],"wp:attachment":[{"href":"https:\/\/www.thefranchiseking.com\/wp-json\/wp\/v2\/media?parent=29360"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thefranchiseking.com\/wp-json\/wp\/v2\/categories?post=29360"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thefranchiseking.com\/wp-json\/wp\/v2\/tags?post=29360"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}