Radio Interview; The Current Economy And It's Impact On The Franchise Industry

Joel Libava
Fri, 24 Oct 2008 05:40:00 +0000

I was recently interviewed on the "Build Your Business" radio program by financial expert, Barbara Weltman. She asked if I would come on to her Radio Program to discuss the economy, and it's impact on the franchise industry. I said, "sure!"

Barbara Weltman is a nationally recognized small business authority. A

best-selling author, she has appeared in many prestigious media outlets

including The Wall Street Journal, Entrepreneur, CNN and CNBC. She is

the publisher/editor of "Barbara Weltman's Big Ideas for Small

Business?," a monthly newsletter on issues and trends that concern

entrepreneurs. Ms. Weltman's Web site is www.barbaraweltman.com.

{By the way, I get her daily newsletter}

We discussed a couple of really important things:

The downturn in the amount of inquires on franchising from prospective franchise owners

The lack of credit available for new franchise start-ups

The fact that franchise companies are not financing institutions

The home based business model

This was a discussion that needed to happen. No spin.

Here is my interview on "Our Down Economy's Impact On The Franchise Industry."

There was no sugar coating.

You can also download it to your you know what.