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“How to Get Rich by Buying a Franchise (Really)”

That’s the title of an article The New York Times recently published. Now, personally, I think the title should read “How to Get Rich by B̵u̵y̵i̵n̵g̵ 𝐈𝐧𝐯𝐞𝐬𝐭𝐢𝐧𝐠 𝐢𝐧 𝐚𝐧𝐝 𝐆𝐫𝐨𝐰𝐢𝐧𝐠 a 𝐇𝐢𝐠𝐡-𝐐𝐮𝐚𝐥𝐢𝐭𝐲 Franchise” The reason why is pretty simple – if you’re successful investing in and growing the right franchise,

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Don’t do this if you’re thinking about buying a franchise

Don’t start with Google. And don’t search something like “most profitable franchises to own.” Up will pop a ton of different results “24 top-ranked, affordable franchises you can own for under $25,000” “The Top 10 Franchises to Open in 2020” Blah, blah, blah Maybe you click on the least obnoxious

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How to spot a “hot” franchise

“Dru, what are the hottest franchises these days?” This is the first question people ask me when they find out what I do.  And my answer typically surprises them.  You see, after spending 14 years in franchising, my definition of “hot” is different than most people’s.  For example, some of

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