When you buy a business coaching franchise, do you really own it? This idea that your business coaching franchise is yours is, perhaps, one of the most common myths in franchising. The truth is, as Robert Purvin notes in his book on franchises, a franchisee who has PAID for the right to own a business usually has fewer rights than most employees!...

How well do business coaching franchisors support their franchisees? If you're looking to buy a business coaching franchise as opposed to starting your own firm from scratch, it's probably because you hope for the extra support and expertise a business coaching franchisor would bring to the table. But is that a realistic expectation? Robert...

If you're considering a business coaching franchise, one important thing to know is how much you should expect to pay in up-front business coaching franchise fees. Typically, the Franchisor will charge you licensing and training fees up-front. Depending on the circumstances, this can amount to $25,000 to $50,000 for the license, and an additional...

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...