Many would-be entrepreneurs often consider opening up their own small business because of the great rewards that come with being your own boss. In other cases people consider opening a franchise business, like SubWay or Smoothie King where they still get to be their own boss but they get the backing of a large corporation to help support them.

Today’s question is, do you think now is a good time to open up a franchise?

If you ask Joel Libava, a.k.a. The Franchise King, he may have some really scary insight into this question. Check out what he has to say here: