Joel Libava has had the “franchise quiz” on his website for several years. It’s not particularly scientific or high-tech–Libava hand-scores each quiz himself. But after two decades in the franchise world, the Cleveland native believes he has come up with the right questions to ask anyone considering becoming a franchisee. The quiz isn’t there to tell you whether you should buy a pizza restaurant or an oil-and-lube franchise. It’s there to determine if you should buy a franchise at all.
That’s not a mindset potential franchisees come across often. If you have the money and motivation, chances are you’ll find a company willing to take your life savings and set you up with a yogurt shop or pretzel kiosk. But Libava–aka “The Franchise King,” a nickname (now trademarked) he was given at a trade show many years ago–is on a mission to make sure only people with the right temperament and expectations get into the franchise game.
Predictive Index® is a behavioral assessment the franchisors use to identify ideal franchisees and franchisees use to identify ideal employees. To learn more, contact us at 904-269-2299 or email@example.com