One of the most common reasons business coaching franchisors cite when pitching prospects is that business coaching franchises create critical mass. In other words, when you purchase a franchise, you're "joining a movement," they'll say. You're contributing to massive market penetration. And as the movement grows, your franchise will enjoy a...

If you're considering a business coaching franchise, the quality of their training probably has something to do with it. But what training can you expect from a business coaching franchise? In the typical franchise, as soon as you sign the Franchise Agreement, you will be scheduled for the next available training date. This training is designed...

Despite everything you might hear to the contrary, most business coaching franchisors charge a flat monthly royalty (as opposed to a percentage of revenue) for one simple reason: they’re determined to get paid even if you don’t. Cynical sounding, but absolutely true, I assure you. In the franchising world, it’s well-known and understood that...

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"...

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 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...