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Nick Bibby

Author Profile

Nick Bibby

Biography

Nick Bibby, franchise consultant, is principal of the Bibby Group, an international consulting firm focused on the development of new and existing franchise systems, as well as due diligence services for those considering the purchased of a franchise.

ARTICLES BY Nick Bibby

Due Diligence – The Franchise Buyer’s Best But Least-Considered Friend

Due diligence is a critical step in the process of buying a franchise, but unfortunately buyers seem mostly obtuse to the obvious.

Too Many New Franchises Equal Too Many Problems

Racing to franchise a business is usually a mistake for both the franchisor and prospective franchisees.

Franchising During a Recession

In times of recession, those without jobs but with the economic means seek to replace routine employment with self-employment.

Franchisor Due Diligence

Franchise consultants preach to their franchisor clients that they should stick to a plan of vetting prospects, but many franchisors still fail to perform basic due diligence.

Return of Investment on Your Franchise

More than 75% of all franchise companies DO NOT offer 'earnings claims' that help buyers get a grip on potential earnings.

Finding Qualified Franchisees

For years I have promoted the idea of finding the right person for the right opportunity.

Tips for Choosing a Franchise in a Recession

Franchise selection becomes a critical consideration in recessionary periods.

New Franchise Concepts for a New Age

For so many years the world of franchising was relegated to burgers, pizza, and printing.

Beware of the Pitfalls of Franchise Fever

Often a blind desire to franchise a business limits the entrepreneur's ability to see the obvious pitfalls.