{"id":30489,"date":"2019-07-02T20:44:04","date_gmt":"2019-07-02T20:44:04","guid":{"rendered":"https:\/\/www.thefranchiseking.com\/?p=30489"},"modified":"2022-04-28T20:48:03","modified_gmt":"2022-04-29T00:48:03","slug":"buying-a-franchise-means","status":"publish","type":"post","link":"https:\/\/www.thefranchiseking.com\/buying-a-franchise-means","title":{"rendered":"What &#8220;Buying a Franchise&#8221; Really Means"},"content":{"rendered":"<p><a href=\"https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/franchise-grand-opening.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-30492\" src=\"https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/franchise-grand-opening-620x414.jpg\" alt=\"buying a franchise meaning\" width=\"620\" height=\"414\" srcset=\"https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/franchise-grand-opening-620x414.jpg 620w, https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/franchise-grand-opening-320x214.jpg 320w, https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/franchise-grand-opening-768x513.jpg 768w, https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/franchise-grand-opening-600x400.jpg 600w, https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/franchise-grand-opening.jpg 999w\" sizes=\"auto, (max-width: 620px) 100vw, 620px\" \/><\/a>(<em>Grand Opening of a new franchise business<\/em>)<\/p>\n<p>In this post, I&#8217;m going to explain what the phrase &#8220;<em>buying a franchise<\/em>&#8221; actually means.<\/p>\n<p><strong>Meet Jim<\/strong><\/p>\n<p>Jim <del>is<\/del> <em>was<\/em> the Director of Marketing for a company that produced GPS products. Until he <a title=\"losing a job\" href=\"https:\/\/www.thefranchiseking.com\/job-numbers\">lost his job<\/a>.<\/p>\n<p><strong>Meet Monica<\/strong><\/p>\n<p>Monica is the project manager who worked side-by-side with Jim. She still has her job.<\/p>\n<hr>\n<h2>A Recent Interaction<\/h2>\n<p>The following is a short conversation between Jim, the recently downsized employee and Monica, who was the product manager he worked with.<\/p>\n<p>Monica: &#8220;<em>So Jim, is it true that you&#8217;re buying a franchise<\/em>?&#8221;<\/p>\n<p>Jim: &#8220;It sure is, Monica. As you know, I liked my job, but this is the 4th time I&#8217;ve been let go in the last 15 years. I&#8217;m done.&#8221;<\/p>\n<p>Monica: &#8220;<em>Congratulations! What franchise are you buying<\/em>?&#8221;<\/p>\n<p>Jim: &#8220;I already bought it. It&#8217;s called &#8216;<em>The Eggcitement Cafe<\/em>.&#8217; It&#8217;s a breakfast-only restaurant.&#8221;<\/p>\n<p>Monica: &#8220;<em>That&#8217;s great! So you bought a food franchise, huh<\/em>?&#8221;<\/p>\n<p>Jim: &#8220;Yes I did, and I can&#8217;t wait to open for business!&#8221;<\/p>\n<hr>\n<p>&nbsp;<\/p>\n<h2>Jim Bought A Franchise<\/h2>\n<p>&nbsp;<\/p>\n<div class=\"tenor-gif-embed\" data-postid=\"14050639\" data-share-method=\"host\" data-width=\"70%\" data-aspect-ratio=\"1.1091314031180401\"><a href=\"https:\/\/tenor.com\/view\/bonnie-gordon-the-library-bards-game-the-game-gns-geek-and-sundry-gif-14050639\">Bonnie Gordon The Library Bards GIF<\/a> from <a href=\"https:\/\/tenor.com\/search\/bonniegordon-gifs\">Bonniegordon GIFs<\/a><\/div>\n<p><script type=\"text\/javascript\" async=\"\" src=\"https:\/\/tenor.com\/embed.js\"><\/script><br \/>\n&nbsp;<br \/>\nHe didn&#8217;t.&nbsp;He bought <em>way<\/em> more than that.<\/p>\n<p>Watch the video below to see what I mean.<br \/>\n&nbsp;<br \/>\n<iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/C_KtQP3WnHY\" width=\"630\" height=\"350\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><br \/>\n&nbsp;<br \/>\nDo you see why the phrase &#8220;<em>buying a franchise<\/em>&#8221; doesn&#8217;t do justice to what you&#8217;re really doing when you purchase a franchise?<br \/>\n&nbsp;<br \/>\n<a href=\"https:\/\/www.thefranchiseking.com\/own-a-franchise\" target=\"_blank\" rel=\"noopener noreferrer\"><b>Here&#8217;s a link<\/b><\/a> to the web page I mentioned in the video.<br \/>\n&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Grand Opening of a new franchise business) In this post, I&rsquo;m going to explain what the phrase &ldquo;buying a franchise&rdquo; actually means. Meet Jim Jim is was the Director of Marketing for a company that produced GPS products. Until he lost his job. Meet Monica Monica is the project manager who worked side-by-side with Jim. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":30492,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","footnotes":""},"categories":[2123,32],"tags":[1969],"class_list":["post-30489","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buying-a-franchise-business","category-franchise-purchasing","tag-buying-a-franchise-meaning"],"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>What It Means To Buy A Franchise<\/title>\n<meta name=\"description\" content=\"In this blog post, The Franchise King teaches you what &quot;buying a franchise&quot; really means. 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