Joel Libava Launches Service to Prevent Franchise Mistakes

Joel Libava franchise mistakes business strategy discussion and lessons learned

13SepSeptember 13, 2025

Joel Libava Launches Service to Prevent Costly Franchise Mistakes

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Frequently Asked Questions About Franchise Consulting

What does a franchise consultant do?

A franchise consultant helps you find the right franchise based on your goals, budget, and lifestyle. At Franchise Dream Team, we evaluate your background and match you with opportunities from our network of over 500 franchise brands. Our service is 100% free to you — the franchisor pays our fee.

How much does it cost to work with Franchise Dream Team?

Nothing. Our franchise consulting services are completely free. We are paid a commission by the franchisor when you invest in a franchise, so there is never a cost to you at any point in the process.

How many franchise brands do you work with?

We have partnerships with over 500 franchise brands across every major category — food, fitness, health and beauty, home services, senior care, automotive, education, and more. As members of the IFPG (International Franchise Professionals Group), we have access to a wide range of proven, vetted franchise systems.

What is a Franchise Disclosure Document (FDD)?

A Franchise Disclosure Document (FDD) is a legal document that every franchisor must provide to prospective franchisees. It contains 23 items covering the franchise system's history, fees, obligations, financial performance, and more. We help you understand and evaluate the FDD during the due diligence process.

How long does it take to open a franchise?

The timeline varies by brand, but most franchises take 3 to 6 months from signing the franchise agreement to opening day. The discovery and due diligence process before signing typically takes 4 to 8 weeks. We guide you through every step.

Do I need business experience to own a franchise?

No. Many franchise systems are designed for first-time business owners and provide full training and support. We work with corporate professionals making a career transition, investors looking for semi-absentee opportunities, and experienced entrepreneurs expanding their portfolios.

What areas do you serve?

Franchise Dream Team works with clients across the entire United States. Many of the franchise brands we represent have available territories nationwide. We conduct all consultations by phone and video, so your location does not limit your options.

Joel Libava Launches Service to Prevent Costly Franchise Mistakes

Joel Libava Launches Service to Prevent Costly Franchise Mistakes

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