{"id":46655,"date":"2024-05-06T09:16:44","date_gmt":"2024-05-06T13:16:44","guid":{"rendered":"https:\/\/www.thefranchiseking.com\/?p=46655"},"modified":"2024-09-06T12:55:52","modified_gmt":"2024-09-06T16:55:52","slug":"franchise-ownership-isnt-for-everyone","status":"publish","type":"post","link":"https:\/\/www.thefranchiseking.com\/franchise-ownership-isnt-for-everyone","title":{"rendered":"Revealed: Why Franchise Ownership Isn&#8217;t For Everyone"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"620\" height=\"473\" src=\"https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/the-franchise-business-620x473.jpg\" alt=\"franchise business ownership is not for everyone\" class=\"wp-image-46662\" srcset=\"https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/the-franchise-business-620x473.jpg 620w, https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/the-franchise-business-320x244.jpg 320w, https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/the-franchise-business-768x586.jpg 768w, https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/the-franchise-business-370x282.jpg 370w, https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/the-franchise-business-270x206.jpg 270w, https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/the-franchise-business-570x435.jpg 570w, https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/the-franchise-business-740x565.jpg 740w, https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/the-franchise-business-80x60.jpg 80w, https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/the-franchise-business.jpg 1000w\" sizes=\"auto, (max-width: 620px) 100vw, 620px\" \/><\/figure>\n\n\n\n<p>Just because you have a desire to own a business doesn&#8217;t mean it has to be a <em>franchise<\/em> business. <\/p>\n\n\n\n<p>Because <strong>franchise ownership isn&#8217;t for everyone<\/strong>.<\/p>\n\n\n\n<p>&#8220;<em>Wait, Joel. Aren&#8217;t you <strong>pro<\/strong>-franchise business<\/em>?&#8221;<\/p>\n\n\n\n<p>Of course I am. <a href=\"https:\/\/www.thefranchiseking.com\/franchise-opportunity-for-veterans\">Usually<\/a>.<\/p>\n\n\n\n<p>&#8220;<em>Joel, isn&#8217;t the franchise business what you write about, <a href=\"https:\/\/www.youtube.com\/joellibava\" target=\"_blank\" rel=\"noreferrer noopener\">make videos<\/a> about<\/em>, <em>and help people get into<\/em>?&#8221;<\/p>\n\n\n\n<p>Yep. But <a href=\"https:\/\/www.thefranchiseking.com\/buy-into-a-franchise-business-without-doing-the-work\">not everyone is cut out for franchise ownership<\/a>.<\/p>\n\n\n\n<p>Let me show you why. <\/p>\n\n\n\n<h2>Why Franchise Business Ownership Isn&#8217;t For Everyone!<\/h2>\n\n\n\n<p>While the franchise model is quite amazing, and has made lots of people lots of money, it may not be right for you. <\/p>\n\n\n\n<p>Then again, it may be <em>perfect<\/em> for you. <\/p>\n\n\n\n<p>So perfect in fact, you may be disappointed you didn&#8217;t learn about it sooner!   <\/p>\n\n\n\n<p>Let me break it down for you. If you:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Don&#8217;t want to reinvent the wheel<\/li>\n\n\n\n<li>Like <a href=\"https:\/\/www.thefranchiseking.com\/top-franchise-systems\">systems<\/a><\/li>\n\n\n\n<li>Always follow the rules<\/li>\n\n\n\n<li>Appreciate detailed how-to information<\/li>\n\n\n\n<li>Like the power of a group<\/li>\n\n\n\n<li>Will spend money to make money <\/li>\n\n\n\n<li>Are willing to pay for support<\/li>\n<\/ul>\n\n\n\n<p>Then you should take a hard look at franchising. Of owning a franchise business. Especially if you&#8217;re <a href=\"https:\/\/www.thefranchiseking.com\/franchise-stories-terry\">in career pain<\/a> <em>and<\/em> you have the money to buy a franchise. <\/p>\n\n\n\n<p><a href=\"https:\/\/www.thefranchiseking.com\/how-much-to-open-a-franchise\">How much money do you need to buy a franchise?<\/a><\/p>\n\n\n\n<p>Now that you know who&#8217;s <em>right<\/em> for franchise ownership, let&#8217;s talk about people who <em>shouldn&#8217;t<\/em> own a franchise business. Ever. <\/p>\n\n\n\n<h2>Who&#8217;s Not Franchise Owner Material?<\/h2>\n\n\n\n<p class=\"has-background\" style=\"background-color:#dddddd\">This next part has the potential to save you hundreds of thousands of dollars.<\/p>\n\n\n\n<p>Why?<\/p>\n\n\n\n<p>Because as excited as you may be about the possibility of becoming a highly profitable <a href=\"https:\/\/www.ftc.gov\/business-guidance\/blog\/2023\/04\/franchise-fundamentals-debunking-five-myths-about-buying-franchise\" target=\"_blank\" rel=\"noreferrer noopener\">franchise business owner<\/a>, it may not be the right business ownership path to take. And you need to avoid it.<\/p>\n\n\n\n<p>With that harshness in mind, read this next part carefully, so you don&#8217;t make a major mistake. <\/p>\n\n\n\n<p>Namely, don&#8217;t even <em>think<\/em> about franchise ownership if you:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Like making the rules<\/li>\n\n\n\n<li>Are super-creative and need to use that skill a lot<\/li>\n\n\n\n<li>March to the beat of a different drummer <\/li>\n\n\n\n<li>Don&#8217;t want to <a href=\"https:\/\/www.thefranchiseking.com\/franchise-royalties\">share a % of your revenue <\/a>with anyone<\/li>\n\n\n\n<li>Want to come up with your own ad slogans etc.<\/li>\n\n\n\n<li>Want your own name on a business  <\/li>\n<\/ul>\n\n\n\n<p>Do you see where I&#8217;m going with this?<\/p>\n\n\n\n<p>But wait. I have some excellent <a href=\"https:\/\/www.thefranchiseking.com\/category\/franchise-news\">news<\/a> for you.<\/p>\n\n\n\n<h2>A Free Franchise Ownership Decision Making Tool<\/h2>\n\n\n\n<p>Several years ago, I created a free tool that will quickly help you decide if owning a franchise is right for you. And close to 7000 people have used it. <\/p>\n\n\n\n<p>It&#8217;s actually a quiz, and it will take you 8-10 minutes* to complete.<\/p>\n\n\n\n<p>*Interestingly enough, 30% of the folks who visit the <a href=\"https:\/\/www.thefranchiseking.com\/quiz\">Free Franchise Quiz<\/a> page don&#8217;t take the quiz. It bothers me. <\/p>\n\n\n\n<p>That&#8217;s because in my mind, if someone who may be about to invest $200,000 into a franchise business won&#8217;t take the time to see if they should even be looking at franchises&#8230;<\/p>\n\n\n\n<p>Right?<\/p>\n\n\n\n<p>Plus I grade each and every quiz myself. No software or AI. Just me. Why?<\/p>\n\n\n\n<p><strong>Because buying a franchise is a big deal<\/strong>.<\/p>\n\n\n\n<p>So take my Free Franchise Quiz, so I can score it for you, and tell you if franchise ownership is right for <strong>you<\/strong>. <\/p>\n\n\n\n<p>Because as I said, owning a franchise business isn&#8217;t for everyone. <\/p>\n\n\n\n<p>Did I get you thinking?<\/p>\n\n\n\n<p>Are you going to take the quiz?<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Just because you have a desire to own a business doesn&rsquo;t mean it has to be a franchise business. Because franchise ownership isn&rsquo;t for everyone. &ldquo;Wait, Joel. Aren&rsquo;t you pro-franchise business?&rdquo; Of course I am. Usually. &ldquo;Joel, isn&rsquo;t the franchise business what you write about, make videos about, and help people get into?&rdquo; Yep. But [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":46662,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","footnotes":""},"categories":[2123],"tags":[1538,937],"class_list":["post-46655","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buying-a-franchise-business","tag-franchise-ownership-2","tag-free-franchise-quiz"],"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>Why Franchise Ownership Isn&#039;t For Everyone &#8212; The Franchise King\u00ae<\/title>\n<meta name=\"description\" content=\"Is franchise ownership the right choice for you? Learn about the unique advantages and potential drawbacks before making a decision.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.thefranchiseking.com\/franchise-ownership-isnt-for-everyone\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Revealed: Why Franchise Ownership Isn&#039;t For Everyone\" \/>\n<meta property=\"og:description\" content=\"Is franchise ownership the right choice for you? Learn about the unique advantages and potential drawbacks before making a decision.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.thefranchiseking.com\/franchise-ownership-isnt-for-everyone\" \/>\n<meta property=\"og:site_name\" content=\"The Franchise King\u00ae\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-06T13:16:44+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-09-06T16:55:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/the-franchise-business.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"763\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Joel Libava\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.thefranchiseking.com\\\/franchise-ownership-isnt-for-everyone#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.thefranchiseking.com\\\/franchise-ownership-isnt-for-everyone\"},\"author\":{\"name\":\"Joel Libava\",\"@id\":\"https:\\\/\\\/www.thefranchiseking.com\\\/#\\\/schema\\\/person\\\/b560fd324f6df9be52ac875e631beb66\"},\"headline\":\"Revealed: Why Franchise Ownership Isn&#8217;t For Everyone\",\"datePublished\":\"2024-05-06T13:16:44+00:00\",\"dateModified\":\"2024-09-06T16:55:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.thefranchiseking.com\\\/franchise-ownership-isnt-for-everyone\"},\"wordCount\":567,\"publisher\":{\"@id\":\"https:\\\/\\\/www.thefranchiseking.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.thefranchiseking.com\\\/franchise-ownership-isnt-for-everyone#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.thefranchiseking.com\\\/wp-content\\\/uploads\\\/the-franchise-business.jpg\",\"keywords\":[\"franchise ownership\",\"free franchise quiz\"],\"articleSection\":[\"Buying A Franchise Business\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/www.thefranchiseking.com\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.thefranchiseking.com\\\/franchise-ownership-isnt-for-everyone\",\"url\":\"https:\\\/\\\/www.thefranchiseking.com\\\/franchise-ownership-isnt-for-everyone\",\"name\":\"Why Franchise Ownership Isn't For Everyone &#8212; The Franchise King\u00ae\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.thefranchiseking.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.thefranchiseking.com\\\/franchise-ownership-isnt-for-everyone#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.thefranchiseking.com\\\/franchise-ownership-isnt-for-everyone#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.thefranchiseking.com\\\/wp-content\\\/uploads\\\/the-franchise-business.jpg\",\"datePublished\":\"2024-05-06T13:16:44+00:00\",\"dateModified\":\"2024-09-06T16:55:52+00:00\",\"description\":\"Is franchise ownership the right choice for you? Learn about the unique advantages and potential drawbacks before making a decision.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.thefranchiseking.com\\\/franchise-ownership-isnt-for-everyone#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.thefranchiseking.com\\\/franchise-ownership-isnt-for-everyone\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.thefranchiseking.com\\\/franchise-ownership-isnt-for-everyone#primaryimage\",\"url\":\"https:\\\/\\\/www.thefranchiseking.com\\\/wp-content\\\/uploads\\\/the-franchise-business.jpg\",\"contentUrl\":\"https:\\\/\\\/www.thefranchiseking.com\\\/wp-content\\\/uploads\\\/the-franchise-business.jpg\",\"width\":1000,\"height\":763,\"caption\":\"franchise business ownership is not for everyone\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.thefranchiseking.com\\\/franchise-ownership-isnt-for-everyone#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.thefranchiseking.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Buying A Franchise Business\",\"item\":\"https:\\\/\\\/www.thefranchiseking.com\\\/category\\\/buying-a-franchise-business\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Revealed: Why Franchise Ownership Isn&#8217;t For Everyone\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.thefranchiseking.com\\\/#website\",\"url\":\"https:\\\/\\\/www.thefranchiseking.com\\\/\",\"name\":\"The Franchise King\u00ae | Get Franchise Buying Advice\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.thefranchiseking.com\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.thefranchiseking.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.thefranchiseking.com\\\/#organization\",\"name\":\"Franchise Selection Specialists Inc.\",\"alternateName\":\"The Franchise King\u00ae\",\"url\":\"https:\\\/\\\/www.thefranchiseking.com\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.thefranchiseking.com\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.thefranchiseking.com\\\/wp-content\\\/uploads\\\/headshot-2023-the-franchise-king.jpg\",\"contentUrl\":\"https:\\\/\\\/www.thefranchiseking.com\\\/wp-content\\\/uploads\\\/headshot-2023-the-franchise-king.jpg\",\"width\":230,\"height\":319,\"caption\":\"Franchise Selection Specialists Inc.\"},\"image\":{\"@id\":\"https:\\\/\\\/www.thefranchiseking.com\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.instagram.com\\\/thefranchchiseking\\\/\",\"https:\\\/\\\/www.linkedin.com\\\/in\\\/joellibava\",\"https:\\\/\\\/www.pinterest.com\\\/franchiseking\\\/\",\"https:\\\/\\\/www.youtube.com\\\/user\\\/JoelLibava\\\/videos\"],\"description\":\"Franchise Selection Specialists Inc. is owned and operated by The Franchise King, Joel Libava. 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\"]}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Why Franchise Ownership Isn't For Everyone &#8212; The Franchise King\u00ae","description":"Is franchise ownership the right choice for you? Learn about the unique advantages and potential drawbacks before making a decision.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.thefranchiseking.com\/franchise-ownership-isnt-for-everyone","og_locale":"en_US","og_type":"article","og_title":"Revealed: Why Franchise Ownership Isn't For Everyone","og_description":"Is franchise ownership the right choice for you? Learn about the unique advantages and potential drawbacks before making a decision.","og_url":"https:\/\/www.thefranchiseking.com\/franchise-ownership-isnt-for-everyone","og_site_name":"The Franchise King\u00ae","article_published_time":"2024-05-06T13:16:44+00:00","article_modified_time":"2024-09-06T16:55:52+00:00","og_image":[{"width":1000,"height":763,"url":"https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/the-franchise-business.jpg","type":"image\/jpeg"}],"author":"Joel Libava","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.thefranchiseking.com\/franchise-ownership-isnt-for-everyone#article","isPartOf":{"@id":"https:\/\/www.thefranchiseking.com\/franchise-ownership-isnt-for-everyone"},"author":{"name":"Joel Libava","@id":"https:\/\/www.thefranchiseking.com\/#\/schema\/person\/b560fd324f6df9be52ac875e631beb66"},"headline":"Revealed: Why Franchise Ownership Isn&#8217;t For Everyone","datePublished":"2024-05-06T13:16:44+00:00","dateModified":"2024-09-06T16:55:52+00:00","mainEntityOfPage":{"@id":"https:\/\/www.thefranchiseking.com\/franchise-ownership-isnt-for-everyone"},"wordCount":567,"publisher":{"@id":"https:\/\/www.thefranchiseking.com\/#organization"},"image":{"@id":"https:\/\/www.thefranchiseking.com\/franchise-ownership-isnt-for-everyone#primaryimage"},"thumbnailUrl":"https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/the-franchise-business.jpg","keywords":["franchise ownership","free franchise quiz"],"articleSection":["Buying A Franchise Business"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/www.thefranchiseking.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/www.thefranchiseking.com\/franchise-ownership-isnt-for-everyone","url":"https:\/\/www.thefranchiseking.com\/franchise-ownership-isnt-for-everyone","name":"Why Franchise Ownership Isn't For Everyone &#8212; The Franchise King\u00ae","isPartOf":{"@id":"https:\/\/www.thefranchiseking.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.thefranchiseking.com\/franchise-ownership-isnt-for-everyone#primaryimage"},"image":{"@id":"https:\/\/www.thefranchiseking.com\/franchise-ownership-isnt-for-everyone#primaryimage"},"thumbnailUrl":"https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/the-franchise-business.jpg","datePublished":"2024-05-06T13:16:44+00:00","dateModified":"2024-09-06T16:55:52+00:00","description":"Is franchise ownership the right choice for you? Learn about the unique advantages and potential drawbacks before making a decision.","breadcrumb":{"@id":"https:\/\/www.thefranchiseking.com\/franchise-ownership-isnt-for-everyone#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.thefranchiseking.com\/franchise-ownership-isnt-for-everyone"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.thefranchiseking.com\/franchise-ownership-isnt-for-everyone#primaryimage","url":"https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/the-franchise-business.jpg","contentUrl":"https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/the-franchise-business.jpg","width":1000,"height":763,"caption":"franchise business ownership is not for everyone"},{"@type":"BreadcrumbList","@id":"https:\/\/www.thefranchiseking.com\/franchise-ownership-isnt-for-everyone#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.thefranchiseking.com\/"},{"@type":"ListItem","position":2,"name":"Buying A Franchise Business","item":"https:\/\/www.thefranchiseking.com\/category\/buying-a-franchise-business"},{"@type":"ListItem","position":3,"name":"Revealed: Why Franchise Ownership Isn&#8217;t For Everyone"}]},{"@type":"WebSite","@id":"https:\/\/www.thefranchiseking.com\/#website","url":"https:\/\/www.thefranchiseking.com\/","name":"The Franchise King\u00ae | Get Franchise Buying Advice","description":"","publisher":{"@id":"https:\/\/www.thefranchiseking.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.thefranchiseking.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.thefranchiseking.com\/#organization","name":"Franchise Selection Specialists Inc.","alternateName":"The Franchise King\u00ae","url":"https:\/\/www.thefranchiseking.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.thefranchiseking.com\/#\/schema\/logo\/image\/","url":"https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/headshot-2023-the-franchise-king.jpg","contentUrl":"https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/headshot-2023-the-franchise-king.jpg","width":230,"height":319,"caption":"Franchise Selection Specialists Inc."},"image":{"@id":"https:\/\/www.thefranchiseking.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.instagram.com\/thefranchchiseking\/","https:\/\/www.linkedin.com\/in\/joellibava","https:\/\/www.pinterest.com\/franchiseking\/","https:\/\/www.youtube.com\/user\/JoelLibava\/videos"],"description":"Franchise Selection Specialists Inc. is owned and operated by The Franchise King, Joel Libava. 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\/46655","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=46655"}],"version-history":[{"count":10,"href":"https:\/\/www.thefranchiseking.com\/wp-json\/wp\/v2\/posts\/46655\/revisions"}],"predecessor-version":[{"id":47423,"href":"https:\/\/www.thefranchiseking.com\/wp-json\/wp\/v2\/posts\/46655\/revisions\/47423"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.thefranchiseking.com\/wp-json\/wp\/v2\/media\/46662"}],"wp:attachment":[{"href":"https:\/\/www.thefranchiseking.com\/wp-json\/wp\/v2\/media?parent=46655"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thefranchiseking.com\/wp-json\/wp\/v2\/categories?post=46655"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thefranchiseking.com\/wp-json\/wp\/v2\/tags?post=46655"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}