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Ever wonder why some franchise locations crush it while others struggle from day one? In this no-nonsense episode, real estate veteran Kyle pulls back the curtain on the questions potential franchisees NEED to ask but often don't. Kyle shares the real talk on what makes or breaks franchise real estate support. Whether you're eyeing your first franchise or adding to your portfolio, this episode could save you from a six-figure mistake.Key Conversations:• Why some franchisors' "hands-off" approach to real estate could be a major red flag• The truth about territory protection (and why the old "mile radius" model is dying)• How modern franchisors are using AI to slash site selection timelines• The "Amazon Era" problem: When old-school real estate meets new-school expectations• Real stories of franchisee territory conflicts and how to avoid them
Giuseppe Grammatico, your franchise guide, delivers his comprehensive system for finding and investing in a franchise that fits YOU. Learn what a franchise is, how to choose the right model, what due diligence and validation looks like, what kind of financing is available and what to consider at every step in this new and complete video guide.Connect with Franchise Freedom on:Website: https://ggthefranchiseguide.com/podcast/LinkedIn: https://www.linkedin.com/in/giuseppe-grammatico/Facebook: https://www.facebook.com/GGTheFranchiseGuideX: https://twitter.com/ggfranchguideInstagram: https://www.instagram.com/ggthefranchiseguide/YouTube: https://www.youtube.com/@ggthefranchiseguideApple: https://podcasts.apple.com/us/podcast/franchise-freedom/id1499864638Spotify: https://open.spotify.com/show/13LTN5UzA57w2dTB4iV0fmThe Franchise Freedom: Discover Your New Path to Freedom Through Franchise Ownership, Book by Giuseppe Grammatico https://ggthefranchiseguide.com/book or purchase directly on Amazon.
In this episode of the Franchise Freedom Podcast, host Giuseppe Grammatico continues with part two of the series on what actions to take after signing a franchise agreement. Main Ideas:Emphasis on early and strategic marketingUtilizing marketing to get a head start in the businessImportance of detailed planning, including estate planningFinding a location for brick-and-mortar franchisesBuilding a strong support team of professionals like attorneys and accountantsEnsuring ongoing training for staffPersonal anecdotes and advice on working 'on' rather than 'in' the businessThe episode aims to guide new franchisees through the crucial first steps in opening their business, offering practical advice on marketing, team building, and legal preparedness to achieve time and financial freedom.Connect with Franchise Freedom on:Website: https://ggthefranchiseguide.com/podcast/LinkedIn: https://www.linkedin.com/in/giuseppe-grammatico/Facebook: https://www.facebook.com/GGTheFranchiseGuideX: https://twitter.com/ggfranchguideInstagram: https://www.instagram.com/ggthefranchiseguide/YouTube: https://www.youtube.com/@ggthefranchiseguideApple: https://podcasts.apple.com/us/podcast/franchise-freedom/id1499864638Spotify: https://open.spotify.com/show/13LTN5UzA57w2dTB4iV0fmThe Franchise Freedom: Discover Your New Path to Freedom Through Franchise Ownership, Book by Giuseppe Grammatico https://ggthefranchiseguide.com/book or purchase directly on Amazon.
In this episode of the Franchise Freedom podcast, host Giuseppe Grammatico, The Franchise Guide, discusses the necessary steps and considerations for new franchisees after signing a franchise agreement. The podcast covers initial steps such as setting up a legal entity and business banking account, followed by the new franchisee's journey including training, staffing, and operational setup. Giuseppe emphasizes the importance of training for both the owner and the general manager, choosing the right location for brick-and-mortar franchises, and the nuances of staffing including the role of the general manager for semi-absentee owners. Additionally, the episode touches on the importance of local networking through chambers of commerce, managing payroll and insurance, and preparing for the physical aspects of the business like acquiring vehicles and equipment. Giuseppe also highlights the importance of planning and budgeting, especially in terms of cash reserves, licenses, and other state-specific requirements, setting the stage for a smooth operational launch. The podcast is aimed at individuals looking to transition from corporate to franchise ownership, offering them insights into the post-agreement phase of opening a franchise.Connect with Franchise Freedom on:Website: https://ggthefranchiseguide.com/podcast/LinkedIn: https://www.linkedin.com/in/giuseppe-grammatico/Facebook: https://www.facebook.com/GGTheFranchiseGuideX: https://twitter.com/ggfranchguideInstagram: https://www.instagram.com/ggthefranchiseguide/YouTube: https://www.youtube.com/@ggthefranchiseguideApple: https://podcasts.apple.com/us/podcast/franchise-freedom/id1499864638Spotify: https://open.spotify.com/show/13LTN5UzA57w2dTB4iV0fmThe Franchise Freedom: Discover Your New Path to Freedom Through Franchise Ownership, Book by Giuseppe Grammatico https://ggthefranchiseguide.com/book or purchase directly on Amazon.
May 6, 2024 Rockingham County Board of Commissioners MeetingAGENDA1. MEETING CALLED TO ORDER 2. INVOCATION3. PLEDGE OF ALLEGIANCE4. APPROVAL OF MAY 6, 2024 AGENDA5. CONSENT AGENDA (Consent items as follows will be adopted with a single motion, second and vote, unless a request for removal from the Consent Agenda is heard from a Commissioner)A) Trey Wright, Health Director1. Approval- Add new items to the fee schedule:Service Description Rate Code CCA/Psychiatric Diagnostic Evaluation $250.00 90791 CCA/ Psychiatric Diagnostic Evaluation w/ medical services $234.00 90792Individual Counseling/ Psychotherapy (30 mins) $ 95.00 90832Psychotherapy w/E/M (30 mins) $104.00 90833Individual Counseling/Psychotherapy (45 mins) $135.00 90834Psychotherapy w/E/M (45 mins) $118.00 90836Individual Counseling/ Psychotherapy (60 mins)/EMDR $190.00 90837Psychotherapy w/EIM (60 mins) $147.00 90838CBT Group/Multi Family Group $ 50.00 90849TFCBT Group Therapy $ 50.00 90853Approval - Remove items from the fee schedule:Service Description Rate CodeCOVID Home Bound Admin $45.00 M02012. - Approval- Add new items to the fee schedule:Service Description Rate CodeRemoval of Sutures $15.00 15853Removal of Staples $21.00 15854Prevnar 20 (PCV) $315.00 90677* Approval - Increase items to the fee schedule:Service DescriptionMeningococcal (2 doses) MenQuadfi VaccineTdaP Vaccine (Boostrix) (> 10 and older)*Approval - Remove items to the fee schedule:Service Description Rate CodeDT Vaccine, < 7 years $ 81.00 90702Prevnar 13 TM Vaccine $315.00 906703. Approval- Add new items to the fee schedule:Service Description Rate CodeActHiB Vaccine (Private) (4 dose) $20.00 90648B) Justin Thacker, Deputy Finance Director1. Approval- Amend the Rural Operating Assistance Program (ROAP) budget for $14,761 due to additional grant dollars awarded to the ROAP program in the Final Disbursement formula. The additional expenses will be remitted to AD1'S for monthly expense requests in the following areas:EDTAP: $12,609RGP: $2,122Work-First Grant: $30Total: $14,7612. Approval - Budget amendment in the amount of $1, I00.000 for the sale of 128.79 acres on US 29, Pickrell Road and Grooms Road. $550,000 is to be remitted to the City of Reidsville due to their 50% ownership in the property. The additional $550,000 will be placed in non-departmental reserve and can only be used with Board action. If not used before year end the funds will roll into the fund balance.C) Pat Galloway, Finance Director1. Approval - Amend the Investment Policy to add NCGS 159·30(e)(IO) authorized investment "commingled investment pool established by interlocal agreement by two or more units of local government pursuant to G.S. 160A-460 through G.S. 160A·464...". The North Carolina Investment Pool is organized under this criteria and is endorsed by the NCACC. Increase the limit of commercial paper investment in a single issuer from $3,500,000 to $5,000,000. Many high-quality names that we typically invested in now have a minimum of $5,000,000 and restricts the county's ability to invest in high earnings short-term options.2. Approval- Appropriate $10,225 of donations made to the Animal Shelter to purchase a new dishwasher that will replace the original one purchased in 2011.3. Approval - Appropriate $24,000 for the Library ADA Door Project. The Library was awarded $10,000 in grant funds from the American Library Association for this project. Available funds ofS14,000 in the Public Buildings All County Buildings Repair line will be used for the balance of the project cost.D) Captain Jennifer BrownApproval- Request to use Federal Forfeiture funds to purchase training ammunition and duty ammunition. We have been told that ammunition powder may become harder to get and that prices are expected to increase 4% - 5% for orders place after July 1, 2024.E) Todd Hurst, Tax AdministratorApproval - Refunds for April 3, 2024 thru April 16, 2024F) Rodney Stewart, RCEMS Operations SupervisorApproval - Accounting reports of billing and collections activity for March 2024 and approval of accounts uncollected that are to be written off. Lists of accounts are maintained and available for inspection in the EMS office.G) Susan O. Washburn, Clerk to the BoardApproval- Regular meeting minutesH) Kelly K. Stultz, AICP, Director Planning & Community Development Department Approval - Reappointment of Steve Morgan to the Eden Planning Board as ETJ representative whose term will be upon approval until May 5. 2026.6. PUBLIC COMMENT7. Public HEARING:A. Ronnie Tate, Director of Engineering and Public UtilitiesApproval - For a Second Public Hearing and public reading for the Rockingham County Landfill Franchise Agreement for Operations and Maintenance of the facility. The Franchise Agreement is with Wall Recycling Inc. The length of the Franchise Agreement is for the Life of Site (LOS) until 2055.B. Hiram Marziano, Community Development Director1. Approval- Case 2023-19: Zoning Map Amendment (Rezoning) - Request to rezone a parcel of land from Residential Agricultural (RA) to Light industrial (LI) Conventional (Straight) Rezoning: Applicant - Carrollwood Farms; Tax PIN: 792103-32-0975,574 Ogburn Mill Rd., Stokesdale - Huntsville Township.2. Approval - Case 2024-10: Zoning Text Amendment: Consideration of an amendment to the text of the Rockingham County Unified Development Ordinance (UDO) that will establish a citizens UDO Advisory Committee to review zoning text amendments. The ordinance included with this agenda item is in DRAFT form and may be amended after Commissioners' review.C. Melissa Joyce, Fire MarshalApproval- Resolution expanding the Northern Ruffin area of the Ruffin Fire Service District to provide for future financing and maintenance of fire protection services and abolish the Pelham fire service district in Rockingham County.8. Ronnie Tate, Director of Engineering and Public UtilitiesApproval - WAGA Energy to construct, operate, maintain and manage a Renewable Natural Gas facility at the County Landfill. Staff and Facility and Grounds Committee are recommending Option #2 of WAGA's proposals for the County for gas sales.9. NEW BUSINESS10. COMMISSIONER COMMENTS11. ADJOURN###
April 15, 2024 Rockingham County Commissioners MeetingAGENDA1. MEETING CALLED TO ORDER BY CHAIRMAN HALL2. INVOCATION3. PLEDGE OF ALLEGIANCE4. APPROVAL OF APRIL 15,2024 AGENDA5. CONSENT AGENDA (Consent items as follows will be adopted with a single motion, second and vote, unless a request for removal from the Consent Agenda is heard from a Commissioner)A) Ronnie Tate, Director of Engineering and Public Utilities1. Approval - Change to the County's current Water and Sewer Policy regarding billing practices due to the unreliability of the US Postal Service delivery of payments. Changes would be in Sec. 25. Fees under item 2) for water service and in Sec.6. Fees under item 2) for sewer service.2. Approval - Appropriation of $80,500.00 from the Landfill Enterprise Fund Balance for installation of gas wells on original cell 3 to correct methane gas exceedances at wells M-5 and M-12 in Cell 3. This is required action by NCDEQ.B) Captain Jennifer Brown1. Approval- Request to use Federal Forfeiture funds to purchase 2 Daniel Defense Delta Pro rifles ($2,556 each) for the Special Response Team to replace rifles purchased in 20 II that have been in use longer than the average rifle ofthis type. The rifles we are requesting to replace have had thousands of rounds shot through them and the barrels are deteriorated to the point the bolts are jamming causing a liability issue for the safety of the operator and diminished accuracy causing a liability to use the rifle for its designated function. We are also requesting to purchase 2 NightForce optics ($1202 each) with ring sets ($142 each) to provide clarity and low light performance capability with increased magnification.2. Approval - Colonel Alan Farrar is retiring effective April I, 2024 from the Rockingham County Sheriffs Office with 28.5 years of service. He is requesting to purchase his duty weapon for $1.00 3. Approval - Request to use Federal Forfeiture Funds to purchase of 10 Communication Systems (3M Peltor ComTac V Systems with Peltor 3M push to talk adapters for the Special Response Team. Cost is $1,285 per system plus shipping (total $13,150).C) Lance Metzler, County ManagerApproval- Consider adoption of a Resolution to concur with a request by the North Carolina Department of Transportation, Division of Highways for addition of .05 mile of Owl Road, Wentworth Township.D) Pat Galloway, Director of Financial ServicesApproval - Appropriation of $76,935 of available fund balance in the E-911 Special Revenue Fund to upgrade the 9-1-1 Voice Recorder. The ineligible cost of $2,500 will be covered by existing appropriations in the General Fund Communications budget.E) Justin Thacker, Deputy Finance DirectorApproval- Amend the FY 23-24 Information Technology budget $107,615 for new software subscriptions that meet the criteria of a recently implemented govermnental accounting standard requiring certain software subscriptions to be capitalized as a Right to Use intangible asset and the corresponding liability to be reported. - Cradlepoint NetCloud Essentials $107,615F) Jason Byrd, Soil & Water Conservation and Agricultural Advisory BoardApproval - The Farmland Preservation Ordinance (this Ordinance adds to the current Ordinance by allowing Rockingham Soil & Water Conservation District to hold easements).G) Todd Hurst, Tax AdministratorApproval - Tax Collection and Reconciliation Reports for March including refunds for March 20, 2024 thru April 2, 2024.H) Susan O. Washburn, Clerk to the BoardApproval- Regular Meeting minutes6. PRESENTATION: TODD HURST, TAX ADMINISTRATORDiscussion of 2024 Tax Revaluation.7. PUBLIC COMMENT8. PUBLIC HEARINGS:A) Ronnie Tate, Director of Engineering and Public UtilitiesApproval - For a Public Hearing and public reading for the Rockingham County Landfill Franchise Agreement for Operations and Maintenance of the facility. The Franchise Agreement is with Wall Recycling Inc. The length of the Franchise Agreement is for the Life of Site (LOS) until 2055.B) Hiram Marziano, Community Development Director1. Approval - Case 2024-06 - Zoning Map Amendment (Rezoning) – A request to rezone a parcel of land from Residential Protected (RP) to Residential Agricultural (RA) - Applicant: Jacob Hickman - Tax PIN: 7020-00-51-6624 - 550 Smith Rd., Stoneville - Price Township2. Approval - Case 2024-07: Zoning Map Amendment (Rezoning) – A request to rezone a parcel of land from Residential Agricultural (RA) to Neighborhood Commercial- Conditional District (NC-CD) - Applicant: Steve Baker - Tax PIN: 7959-04-83-0644 – 6750 NC Highway 770, Stoneville - MayoTownship.3. Approval- Case 2024-09: Zoning Text Amendment - Consideration of an amendment to the text of Rockingham County UDO that will establish minimum development standards for Class AA (doublewide) manufactured homes in the Residential Protected (RP) zoning district.9. PRESENTATION: Ronnie Tate, Director of Engineering and Public UtilitiesApproval - Change to the Capital Project Ordinance, Hwy 220 Wastewater and Water Capital Project, Amendment #3. 10. PRESENTATION: Felissa Ferrell, DHHS DirectorApproval - 2024-2024 DSS START grant - To assist families with children from ages birth - 5, who become involved with CPS where it is determined that the parent's substance use is the primary child safety factor. Daymark Recover Services is partnering with HHSIDSS.Estimated award amounts:May - September 2024 - $2111,817October 2024 - September 2025 - $378,707Total expected grant amount: $590,524$149,666 for County funds is requested with the possibility of 50% reimbursement, if available, which would equate to $74,833. Further information pending.11. NEW BUSINESS12. COMMISSIONER COMMENTS13. ADJOURN
Hospitality runs in the blood of Ryan Rivett, co-founder and CEO of My Place Hotels. His grandfather, Ron Rivett, founded the company, but is also well known as the creator of the popular, economy Super 8 brand, now under Wyndham Hotels & Resorts. In this wide-ranging discussion, he chats with host Robin Trimingham about many items within the hospitality space, including the opportunities associated with the hotel franchise operating model, breaking down, for instance, what each party to the agreement is responsible for. Rivett also offers advice for first-time franchisees and what to expect during each phase of the process.
September 5, 2023 Rockingham County Commissioners MeetingAGENDA1. MEETING CALLED TO ORDER BY CHAIRMAN RICHARDSON2. INVOCATION3. PLEDGE OF ALLEGIANCE - ANNABETH GROSS, EDU-CARE ACADEMY,MAYODAN, AGE 44. APPROVAL OF SEPTEMBER 5, 2023 AGENDA5. CONSENT AGENDA (Consent items as follows will be adopted with a single motion, second and vote, unless a request for removal from the Consent Agenda is heard from a Commissioner)A) Pat Galloway, Director of Financial Services1. Approval- Appropriate $1,326 of available fund balance in the General Fund as a transfer to the E-911 Special Revenue Fund. After the NC 91l Board staff review of the FY 23 E-91l report, $1,326 of costs incurred have been deemed ineligible for E-911 funding and both the NC 911 Board and the NC State Treasurer's office require that a transfer from the General Fund be made in order to reimburse the E-911 fund for the ineligible expenses.2. Approval- Appropriate $8,262 of 4-H Reserve Fund Balance to cover costs of the upcoming FY 23-24 School Enrichment programs and for summer camp participants to attend the 4-H Camp Congress, 4-H Reserve Fund Balance are 4H fees earned in prior fiscal years and reserved for future 4-H program costs.B) Susan Washburn, Clerk to the BoardI. Approval- Regular minutes for August 7,20232. Approval - Board of Commissioners meeting schedule for 2024 and Employee Holiday Schedule for 2024.C) Rodney Stewart, RCEMS Operations SupervisorApproval- Accounting reports of billing and collections activity for July 2023 and approval of accounts uncollected that are to be written off which are maintained and available for inspection in the EMS office.D) Todd Hurst, Tax AdministratorApproval- All refunds for August 9, 2023 through August 23, 2023.E) Lance Metzler, County ManagerApproval- Adoption ofa Resolution to concur with a request by the North Carolina Department of Transportation, Division of Highways for addition for Marguerite Trace, Oakchester Court and Laced Maple Court in The Reserve at Winsome Forest Subdivision, New Bethel Township.F) Ronnie Tate, Director of Engineering and Public Utilities1. Approval- Installation of new cubicles, desk, desk chair, name tags at the Clerk of Courts Office at a cost of$12,125.00 to be taken from County Fund Balance. New Space is needed for additional staff2. Approval - Extension to the Wall Recycling Short Term Agreement for Operations and Maintenance at the Landfill. Request is for a time extension to December 31,2023 or sooner if the Franchise Agreement is approved before this date.3. Approval - County to issue a Letter of Intent to WAGA Energy to allow the start of site inspection, gas well inspections and other "due diligence" needed for landfill gas project. This LOI in non-binding for both parties. Expected time frame is up to 6 months.G) Clyde Albright, County AttorneyApproval - Appointment of Karen Tucker to the Industrial Facilities & Pollution Control Financing Authority.H) Erselle Young, Assistant SuperintendentApproval - Use of Restricted Sales Tax in the amount of $80,000 for this project that is estimated to be completed by the end of September, 2023. The replacement will include demolition of the current floor, new floor joists, sub flooring, a moisture barrier and maple wood flooring. The company also provides a 12—month warranty6. PUBLIC COMMENT7. Ronnie Tate, Director of Engineering and Public UtilitiesApproval - Change to the current Water and Sewer Policy regarding the allocation of utility capacity to major subdivisions. Placed into Water Policy as Sec. 28.1 and into Sewer Policy Sec. 18.1, the Water and Sewer Policy is included for review.8. Sheriff Same PageA) Approval - Appropriate insurance proceeds of $17,683 and Federal Forfeiture Funds of $21,620 to purchase a 2023 Dodge Ram 1500 as replacement for a Detective vehicle that was totaled in an accident.B) Appropriate Federal Forfeiture Funds of $35,183 to purchase a 2023 Kia Sorento AWD for the Detective Division. Cost includes upfit equipment (lights and sirens).C) Approval - Appropriate $18,610 in Sheriff Department Federal Forfeiture Funds for the purchase of20 handguns for the Special Response Team, 8 holsters for the Patrol Division, 12 concealment holsters for the Detective Division and 15 tactical holsters for the Special Response Team.9. NEW BUSINESS10. COMMISSIONER COMMENTSI I. CLOSED SESSIONPursuant to: N.C.G.S. 143-318.II(a)(I) Approve Closed Session Minutes, and N.C.G.S. 143-318.II(a)(5) Instruct Negotiating Agents12. ADJOURN###
Insurers, Agents and Brokers Sophisticated Relationships Expensive Three sophisticated commercial parties in the insurance industry entered into what appears, in hindsight, to be a somewhat unsophisticated business arrangement. That arrangement led to complex litigation, which generally isn't a good thing for a business arrangement to lead to. In American Builders Insurance Company v. Keystone Insurers Group and Ebensburg Insurance Agency, No. 4:19-CV-01497, United States District Court, M.D. Pennsylvania (August 4, 2023) plaintiff American Builders Insurance Company (“ABIC”) sued Defendant Ebensburg Insurance Company (“Ebensburg”) for its allegedly tortious misrepresentations in an application to ABIC for workers' compensation insurance coverage on behalf of Ebensburg's customer, Custom Installations Contracting Services, Inc. (“Custom”). On Custom's application, Ebensburg indicated that Custom didn't engage in roofing work and only operated at fifteen feet above the ground or lower. On that basis, ABIC issued Custom a workers' compensation insurance policy. Later, a Custom employee fell twenty-five feet from a rooftop while working on a commercial roofing job. The employee filed for workers' compensation benefits, which ABIC unsuccessfully opposed. BACKGROUND Keystone essentially operated as a sort of “matchmaker,” connecting ABIC to its network of Retail Agencies. Ebensburg is one of the Retail Agencies that is part of the Keystone association. Its relationship with Keystone is governed by a Franchise Agreement. Custom's Relationship with Ebensburg Because Custom had never sought workers' compensation insurance before, it obtained a policy through the Commonwealth's State Workers' Insurance Fund (“SWIF”). The SWIF ACORD application indicated that: In 2015, Custom approached Ebensburg again to inquire about switching to a private workers' compensation insurer for more favorable rates The James Scott Injury In September 2015, Custom was engaged in a commercial roofing job in New Galilee, Pennsylvania. James Scott had just began working for Custom. He stepped through a skylight and fell from over twenty feet to the ground, incurring serious injuries. The Western District Litigation and Workers' Compensation Proceeding Following Judge Gibson's order dismissing ABIC's federal claims, the workers' compensation litigation continued. Judge Gallishen ultimately denied ABIC's petitions. The Pennsylvania Workers' Compensation Appeals Board later affirmed Judge Gallishen's decision. ANALYSIS ABIC argued that the limitations period on its claims should be tolled under either the fraudulent concealment or inherent fraud doctrine. On the day Scott was injured ABIC was aware that Scott “fell through a roof.” On September 14, 2015, ABIC became aware of the misrepresentations in Custom's application. The Court concluded that those facts are sufficient to give ABIC inquiry notice of its potential claims against Ebensburg because it knew that Ebensburg had sole access to the mechanism that caused its injury. The common thread in these elements is that ABIC knew that the alleged misrepresentation negligently or fraudulently came from two potential sources, Custom or Ebensburg (or both), and it knew that Ebensburg had access to eQuotes, the mechanism that caused its injury. --- Support this podcast: https://podcasters.spotify.com/pod/show/barry-zalma/support
Today, Laura Lee Blake brings her expertise to the table regarding Fair Franchising. She discusses 6 points every hotel owner needs to be aware of before they sign their Hotel Franchise Agreement. We hope you enjoy! Laura Lee Blake, Esq., serves as the President & CEO of AAHOA, the foremost resource and advocate for America's hotel owners. A highly accomplished attorney with more than 25 years of experience, Blake most recently served as a partner at Connor, Fletcher, and Hedenkamp LLP in Irvine, California. Blake brings decades of experience in the fields of law, government, business, and academia to AAHOA.Blake previously worked for AAHOA for nearly 10 years, from 2005 to 2014, as General Counsel & Vice President of Fair Franchising and Government Affairs. As President and CEO, Blake is focused on promoting fair franchising and franchise advocacy, evaluating the franchisor-franchisee relationship in an effort to improve the ROI, and helping to educate members about the legal aspects of their franchise agreements. Blake also is prioritizing strategies for legislative advocacy and building alliances with those who support the travel industry. If you'd like to connect with Laura Lee Blake on LinkedIn you can find her at https://www.linkedin.com/in/lauraleeblake/ You can also follow AAHOA (Asian American Hotel Owners Association) on LinkedIn at https://www.linkedin.com/company/aahoa/ If you're interested in being a guest on our podcast go to thehotelcollectivepodcast.com and apply now.
This week on The Franchise Life podcast, Stacie Shannon is joined by Evan Miller, founder of Gameday Men's Health, and co-host Dean Kapneck, an experienced entrepreneur and prior multi-unit franchisee of European Wax Center. Evan shares how Gameday was created for a clear purpose: to help men suffering from low testosterone (Low T) and erectile dysfunction (ED) reclaim their life. Set in a man cave environment – plush with flat-screen TVs, leather chairs, refreshments, and complimentary snacks, Gameday Men's Health helps men get back to the top of their game. Statistics show that 1 in 4 men will suffer from Low T by age 40. And over 50% of all men will struggle with some form of ED. Low T and ED are linked to various health conditions, ranging from fatigue and low libido to cardiovascular disease and early mortality. And for those reasons, Evan Miller founded Gameday Men's Health in 2018. As an experienced prior franchise owner, Dean helps break down the Gameday Men's Health business model and its competitive advantages, which include: Strong ROI: $1.8M Gross Revenue; $627K Adjusted Earnings. *2023 FDD No Medical Experience Required: Gameday helps recruit a Clinical Director. Recurring Revenue Membership Model: Once trust is achieved, men tend to be loyal customers for these sensitive issues Gameday addresses. Free Testosterone Test and Consultation: Boosts conversion rates. Quick Results - Each GameDay clinic operates an in-office laboratory to assess testosterone levels. Results are attained in 15 minutes. No 3rd party labs are needed. Lean staffing model (4-5 employees, M-F 8 am-5 pm): Low overhead expenses allow franchisees to break even fast. Quick-to-Open: Clinics open an average of 4-6 months from signing a Franchise Agreement! Don't miss the fascinating discussion on the connection between low testosterone and depression and how Gameday Men's Health is poised to take over the U.S. and international markets. With a proven business model, comprehensive training, and ongoing support, owning a Gameday Men's Health franchise allows potential franchisees to be part of a mission-driven brand that prioritizes the well-being of its franchise owners and the men they serve. Interested in learning more about Gameday Men's Health? To view a comprehensive summary of the brand at https://fusionfranchising.com/gameday-mens-health/ Want to speak with Stacie regarding a franchise opportunity? Reach out today to stacie@fusionfranchising.com or book a 15-min intro call to start your franchise ownership journey! Calendly - Stacie Shannon. We match you up with the perfect franchise concepts to meet your needs and stay with you 100% throughout the process to assist with funding needs, legal needs, accountant reviews, etc. We are your franchise partners! Follow us on social media: YouTube: (3) The Franchise Life - YouTube LinkedIn: Stacie Shannon, MBA | LinkedIn Instagram: Franchising Consulting Palm Beach (@fusionfranchising) • Instagram photos and videos Facebook: Fusion Franchising | Facebook
Chris Conner has been a franchise consultant working with business owners and brands to support growth through franchising since 2001. His experience in the franchise development industry began with a Chicago-based franchise consulting firm where Mr. Conner had the opportunity to work with a variety of successful franchise systems including Jimmy John's, European Wax Center, 911 Restoration, Smash Burger, Marco's Pizza, Mad Science Group and other franchise systems where he was able to learn the franchise development process. In 2009, Mr. Conner founded Franchise Marketing Systems (FMS) in Atlanta, Georgia. FMS was developed in order to provide a full-service franchise development solution to new and existing franchisors. FMS provides strategic planning, FDD and Franchise Agreement development, Operations and Training Program development and Marketing Development to bring new brands to market as a franchise, then supports the franchise sales and marketing of the franchise. Today, Mr. Conner oversees the FMS team and works directly with clients to execute the franchise development process with brands globally. Since 2009, FMS has developed over 400 franchise brands and has a team of over 28 franchise consultants. FMS has developed successful franchise brands including Anytime Fitness, Baxter Healthcare, Blimpie, Hungry Howie's Pizza, Restoration 1, Smash My Trash, Two Men and a Truck along with others. The FMS Team has been able to align with brands and franchise systems with a unified, consistent approach focused on growth, systems and transitioning from company-owned businesses to a scalable franchise system. Mr. Conner holds a Bachelor's Degree in Marketing and Management Information Systems from Miami of Ohio University and an MBA in Finance from DePaul University in Chicago. He is married to Alaina Conner and has two children, Ashton and Jameson who make every day exciting and full of adventure. Listen on Apple, Spotify, Amazon Music, Google Podcast, or Podbean: linktr.ee/dreamerstoleaders Instagram: https://www.instagram.com/dreamerstoleaders/ Facebook: https://www.facebook.com/dreamerstoleaders Twitter: @dreamersleaders Click on this link and we'll send you an invitation on messenger to be part of our mailing list and be the first to hear about Dreamers to Leaders Podcast new episodes
Welcome to Franchising 101, your one-stop-shop for all things franchising! On this episode, FranCoach Founder & CEO, Tim Parmeter, answers a frequently asked question: What happens towards the end of the process after you sign the franchise agreement and what is the timeline to get open. Episode Highlights: 0:00 - Intro 1:20 - Who is FranCoach? 1:49 - Taking time to celebrate 3:10 - Timeline to open for retail businesses and factors to consider 10:22 - Timeline to open for non-retail 14:59 - Stretching out or speeding up the process between signing the FA and opening 20:17 - How to get in touch with FranCoach Links and resources mentioned in this episode: Schedule a call https://meetings.hubspot.com/tim17 Franchising 101 podcast website with a library of past episodes http://franchising101.net/ Visit Entreprenuer.com for a wealth of information for people just like you! https://www.entrepreneur.com/ More Franchising FAQs https://www.youtube.com/watch?v=b8m-DLe_BYQ&list=PL4vI6YTLAiqRFI9r9sEMVTBwEFWClyVQU Interested in franchise ownership? Schedule a call with one of our coaches today! FranCoach is connected with over 500 franchises and we walk you through the process of finding the perfect franchise for you. Our services are always free and we commit ourselves to helping you find your better tomorrow. If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds and it really makes a difference in getting our message out to more people who can use it. Sign up for our email newsletter at FranCoach.net Interested in sponsoring the podcast? Contact us at info@francoach.net Follow FranCoach: Twitter: twitter.com/FranCoach4U Facebook: facebook.com/francoach4u/ YouTube: youtube.com/channel/UC1GtG31hWoecEONdScIJOsQ
Interested in Franchise Ownership?Contact Pamela Currie to receive a COMPLIMENTARY Consultation on Selecting a Franchise. Pamela Currie, Host of the Franchise Business Radio show and Founder of Franchise Intellect, Inc. www.FranchiseIntellect.com Mobile: 847-970-8765 Email: Pam@FranchiseIntellect.com To learn more about guest topics, contacting a guest or becoming a guest on the Franchise Business Radio show simply email Pam@FranchiseIntellect.com Tom is a trusted legal advisor to a diverse range of clients in the franchise community, including franchisors, franchisees and those who are considering a franchise and would like to understand the Franchise Disclosure Document and receive legal counsel before signing a franchise agreement. Interview Topics: *Overview of Franchise Regulation in the US? *Franchise Disclosure Document *Litigation in the franchise area - types of claims *Trends in businesses being franchised *Challenges for franchisors and franchisees. The value of working with a Franchise Attorney? A Franchise Agreement is a legal contract that you are entering into and franchise law is specialized. I had one franchisor share with me that an attorney claimed they understood franchise law and then tried to rewrite the state requirements for that industry (Senior Care), which cost the prospective franchisee an arm and a leg. Be wise, get an experienced franchise attorney, such as Tom Branch to review and explain the documents and the obligations as a franchisee and to let you know if there are any concerns or clauses that need to be balanced. Interested in becoming a Franchise Owner? Host, Pamela Currie has 25+ years in franchising. As a Certified Franchise Consultant, Pamela helps aspiring entrepreneurs make an educated decision when selecting a franchise. Pamela enjoys being a resource and partner in helping people find a franchise that aligns for them. Contact Pamela Currie at 847-970-8765 or email her at Pam@FranchiseIntellect.com for a complimentary consultation. The Franchise Business Radio show is a platform to bring together franchise professionals to connect, educate and collaborate to serve the franchise community and those considering franchise ownership. Spotlighting Leaders in the Franchise Industry, experts in funding, legal, marketing and consulting. Franchise Business Radio hosted by:Pam Currie, FounderFranchise Intellect, Inc Made possible in part by:Host Pamela Currie, Franchise Intellect, visit: http://www.FranchiseIntellect.com Also made possible in part by:Franchise City, visit http://www.Franchise.city FranServe, visit https://franserve.com/ To nominate or submit a guest request visit: http://www.OnAirGuest.com To view guest photos from this show, visit: http://www.ProBusinessPictures.com
Understanding the Franchise Agreement is very important. --- Support this podcast: https://anchor.fm/armando-bartolome5/support
Welcome back to Franchising 101, your one-stop-shop for all things franchising! Today we are talking about an aspect of the franchise journey that happens all the way at the end of the process. This is a moment to celebrate for sure. It is the Franchise Agreement. Signing it is sealing the deal, literally. Listen as FranCoach founder & CEO, Tim Parmeter, shares everything you need to know about the Franchise Agreement. Episode Highlights: 0:00 - Intro 1:08 - Who is FranCoach? 2:12 - About the FranCoach process 4:32 - What is the Franchise Agreement? 7:21 - How it differs from the FDD (Franchise Disclosure Document) 7:58 - Signing as an individual or entity 9:58 - Celebrating the signing 11:06 - What happens after you sign 12:58 - What's new at FranCoach and how to get in touch Links and resources mentioned in this episode: Schedule a call https://meetings.hubspot.com/tim17 Franchising 101 podcast website with a library of past episodes http://franchising101.net/ Meet the Team/Discovery Day Episode 102 https://franchising101.net/uncategorized/franchising-101-episode-one-hundred-two-meet-the-team-day-the-franchisors-perspective/ Interested in franchise ownership? Schedule a call with one of our coaches today! FranCoach is connected with over 500 franchises and we walk you through the process of finding the perfect franchise for you. Our services are always free and we commit ourselves to helping you find your better tomorrow. If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds and it really makes a difference in getting our message out to more people who can use it. Sign up for our email newsletter at FranCoach.net Interested in sponsoring the podcast? Contact us at info@francoach.net Follow FranCoach: Twitter: twitter.com/FranCoach4U Facebook: facebook.com/francoach4u/ YouTube: youtube.com/channel/UC1GtG31hWoecEONdScIJOsQ
Welcome to the Franchise Founders Podcast. We are on a mission to help aspiring entrepreneurs just like you take action through franchise ownership allowing you to obtain more financial freedom, time with family, and ultimately, a business that can run on its own without you.Dan Claps has co-founded several franchise development firms and currently runs The Franchise Playbook. Christian Dadulak is a successful Franchise Consultant and runs his independent Franchise Consulting business, The Franchise Guys. In this episode, Dan and Christian talk about the Franchise Disclosure Document whose purpose is to protect the franchisee by spelling out the terms of the agreement and what's expected from all parties. The FDD empowers prospective franchise buyers by giving them all of the information at their fingertips that allows them to make a more informed decision before committing to anything. Although the terms should be clear, it's recommended that it's examined by a franchise attorney before anyone signs it. It gives a clear picture of the business and holds the franchisor accountable for any promises and obligations. Tune in as Dan and Christian discuss the aspects that every entrepreneur should know before considering any franchise.
Interested in Franchise Ownership? Contact Pamela Currie to receive a COMPLIMENTARY Consultation on Selecting a Franchise. Pamela Currie, Host of the Franchise Business Radio show and Founder of Franchise Intellect, Inc. www.FranchiseIntellect.com Mobile: 847-970-8765 Email: Pam@FranchiseIntellect.com To learn more about guest topics, contacting a guest or becoming a guest on the Franchise Business Radio show simply email Pam@FranchiseIntellect.com Tom Branch has been in private practice since 1980, after graduating from the University of Georgia School of Law. He received his undergraduate degree from Emory University in 1975, graduating with High Honors. Tom is also a member of the American and Atlanta Bar Associations, as well as the State Bar of Georgia. He is a member of the American Bar Association Forum on Franchising. He was a co-founder of the Southeast Franchise Forum and the Atlanta Bar Association Franchise Law Committee. He has served on the Board of Directors of the Atlanta Bar Association and served as a Board Member and as Chairman of the Board of the Atlanta Bar Association Sole Practitioner and Small Firm Section. He was the author of “Franchising in Georgia,” in the Georgia State Bar Journal, November, 1987. Tom is a trusted legal advisor to a diverse range of clients in the franchise community, including franchisors, franchisees and those who are considering a franchise and would like to understand the Franchise Disclosure Document and receive legal counsel before signing a franchise agreement. Interview Topics: *Overview of Franchise Regulation in the US? *Franchise Disclosure Document *Litigation in the franchise area - types of claims *Trends in businesses being franchised *Challenges for franchisors and franchisees. The value of working with a Franchise Attorney? A Franchise Agreement is a legal contract that you are entering into and franchise law is specialized. I had one franchisor share with me that an attorney claimed they understood franchise law and then tried to rewrite the state requirements for that industry (Senior Care), which cost the prospective franchisee an arm and a leg. Be wise, get an experienced franchise attorney, such as Tom Branch to review and explain the documents and the obligations as a franchisee and to let you know if there are any concerns or clauses that need to be balanced. Interested in becoming a Franchise Owner? Host, Pamela Currie has 25+ years in franchising. As a Certified Franchise Consultant, Pamela helps aspiring entrepreneurs make an educated decision when selecting a franchise. Pamela enjoys being a resource and partner in helping people find a franchise that aligns for them. Contact Pamela Currie at 847-970-8765 or email her at Pam@FranchiseIntellect.com for a complimentary consultation. The Franchise Business Radio show is a platform to bring together franchise professionals to connect, educate and collaborate to serve the franchise community and those considering franchise ownership. Spotlighting Leaders in the Franchise Industry, experts in funding, legal, marketing and consulting. Franchise Business Radio hosted by: Pam Currie, Founder Franchise Intellect, Inc Made possible in part by: Host Pamela Currie, Franchise Intellect, visit: http://www.FranchiseIntellect.com Also made possible in part by: Franchise City, visit http://www.Franchise.city FranServe, visit https://franserve.com/ To nominate or submit a guest request visit: http://www.OnAirGuest.com To view guest photos from this show, visit: http://www.ProBusinessPictures.com ‹ › × × Previous Next jQuery(function() { // Set blueimp gallery options jQuery.extend(blueimp.Gallery.prototype.options, {
In this episode, we bring in the team from Morrow Hill Real Estate! They are experts in finding great locations, negotiating terms, and providing great service to you at no cost when locking in your location. Sam from Morrow Hill dives into the site selection process and support that you should expect when finding your location after signing the Franchise Agreement.
Perk Labs CEO Jonathan Hoyles and Vice President of Sales Justin Strange joined Steve Darling from Proactive to share news the company has signed a franchise agreement for the territory of Downtown Toronto. Hoyles share with Proactive more about the agreement and just how big the market of Toronto is. Strange telling Proactive more about the advantages of their solutions and the potential of recurring revenue.
Is Now the Time to Franchise Your Business? Interested in Franchise Ownership? Contact Pamela Currie to receive a COMPLIMENTARY Consultation on Selecting a Franchise. Pamela Currie, Host of the Franchise Business Radio show and Founder of Franchise Intellect, Inc. www.FranchiseIntellect.com Mobile: 847-970-8765 Email: Pam@FranchiseIntellect.com To learn more about guest topics, contacting a guest or becoming a guest on the Franchise Business Radio show simply email Pam@FranchiseIntellect.com Chris Conner President Chris Conner has been a franchise consultant working with business owners and brands to support growth through franchising since 2001. His experience in the franchise development industry began with a Chicago-based franchise consulting firm where Mr. Conner had the opportunity to work with a variety of successful franchise systems including Jimmy John's, European Wax Center, 911 Restoration, Smash Burger, Marco's Pizza, Mad Science Group and other franchise systems where he was able to learn the franchise development process. In 2009, Mr. Conner founded Franchise Marketing Systems (FMS) in Atlanta, Georgia. FMS was developed in order to provide a full-service franchise development solution to new and existing franchisors. FMS provides strategic planning, FDD and Franchise Agreement development, Operations and Training Program development and Marketing Development to bring new brands to market as a franchise, then supports the franchise sales and marketing of the franchise. Today, Mr. Conner oversees the FMS team and works directly with clients to execute the franchise development process with brands globally. Since 2009, FMS has developed over 400 franchise brands and has a team of over 28 franchise consultants. FMS has developed successful franchise brands including Anytime Fitness, Baxter Healthcare, Blimpie, Hungry Howie's Pizza, Restoration 1, Smash My Trash, Two Men and a Truck along with others. The FMS Team has been able to align with brands and franchise systems with a unified, consistent approach focused on growth, systems and transitioning from company-owned businesses to a scalable franchise system. Mr. Conner holds a Bachelor's Degree in Marketing and Management Information Systems from Miami of Ohio University and an MBA in Finance from DePaul University in Chicago. He is married to Alaina Conner and has two children, Ashton and Jameson who make every day exciting and full of adventure. Topics/Questions: 1. What types of businesses can franchise and have franchised successfully? 2. Tell us the basics about franchising a business, how it works? 3. Walk us through the key reasons why franchising is a viable growth strategy? 4. Help us understand the profile of a franchise buyer, who invests in a franchise system? 5. What is a day in the life like for a franchisor if a business owner is considering becoming a franchise? 6. How does the process work of development for a new franchise brand going to market? 7. What elements in a business would you say are important for a business to consider the franchise ability of a brand? The Franchise Business Radio show is a platform to bring together franchise professionals to connect, educate and collaborate to serve the franchise community and those considering franchise ownership. Spotlighting Leaders in the Franchise Industry, experts in funding, legal, marketing and consulting. Franchise Business Radio hosted by: Pam Currie, Founder Franchise Intellect, Inc Made possible in part by: Host Pamela Currie, Franchise Intellect, visit: http://www.FranchiseIntellect.com Also made possible in part by: Franchise City, visit http://www.Franchise.city FranServe, visit https://franserve.com/ To nominate or submit a guest request visit: http://www.OnAirGuest.com To view guest photos from this show, visit: http://www.ProBusinessPictures.com ‹
Is Now the Time to Franchise Your Business?Interested in Franchise Ownership?Contact Pamela Currie to receive a COMPLIMENTARY Consultation on Selecting a Franchise.Pamela Currie, Host of the Franchise Business Radio show and Founder of Franchise Intellect, Inc. www.FranchiseIntellect.comMobile: 847-970-8765Email: Pam@FranchiseIntellect.comTo learn more about guest topics, contacting a guest or becoming a guest on the Franchise Business Radio show simply email Pam@FranchiseIntellect.comChris ConnerPresidentChris Conner has been a franchise consultant working with business owners and brands to support growth through franchising since 2001. His experience in the franchise development industry began with a Chicago-based franchise consulting firm where Mr. Conner had the opportunity to work with a variety of successful franchise systems including Jimmy John's, European Wax Center, 911 Restoration, Smash Burger, Marco's Pizza, Mad Science Group and other franchise systems where he was able to learn the franchise development process.In 2009, Mr. Conner founded Franchise Marketing Systems (FMS) in Atlanta, Georgia. FMS was developed in order to provide a full-service franchise development solution to new and existing franchisors. FMS provides strategic planning, FDD and Franchise Agreement development, Operations and Training Program development and Marketing Development to bring new brands to market as a franchise, then supports the franchise sales and marketing of the franchise. Today, Mr. Conner oversees the FMS team and works directly with clients to execute the franchise development process with brands globally.Since 2009, FMS has developed over 400 franchise brands and has a team of over 28 franchise consultants. FMS has developed successful franchise brands including Anytime Fitness, Baxter Healthcare, Blimpie, Hungry Howie's Pizza, Restoration 1, Smash My Trash, Two Men and a Truck along with others. The FMS Team has been able to align with brands and franchise systems with a unified, consistent approach focused on growth, systems and transitioning from company-owned businesses to a scalable franchise system.Mr. Conner holds a Bachelor's Degree in Marketing and Management Information Systems from Miami of Ohio University and an MBA in Finance from DePaul University in Chicago. He is married to Alaina Conner and has two children, Ashton and Jameson who make every day exciting and full of adventure.Topics/Questions:1. What types of businesses can franchise and have franchised successfully?2. Tell us the basics about franchising a business, how it works?3. Walk us through the key reasons why franchising is a viable growth strategy?4. Help us understand the profile of a franchise buyer, who invests in a franchise system?5. What is a day in the life like for a franchisor if a business owner is considering becoming a franchise?6. How does the process work of development for a new franchise brand going to market?7. What elements in a business would you say are important for a business to consider the franchise ability of a brand?The Franchise Business Radio show is a platform to bring together franchise professionals to connect, educate and collaborate to serve the franchise community and those considering franchise ownership.Spotlighting Leaders in the Franchise Industry, experts in funding, legal, marketing and consulting.Franchise Business Radio hosted by:Pam Currie, FounderFranchise Intellect, IncMade possible in part by:Host Pamela Currie, Franchise Intellect, visit: http://www.FranchiseIntellect.comAlso made possible in part by:Franchise City, visit http://www.Franchise.cityFranServe, visit https://franserve.com/To nominate or submit a guest request visit: http://www.OnAirGuest.comTo view guest photos from this show, visit: http://www.ProBusinessPictures.com
This week's episode covers the legalities to consider when looking at becoming a franchise owner and how a franchise attorney can help navigate the process including information about the sometimes intimidating Franchise Disclosure Document or FDD. If you have a business that you would like to turn into a franchise, this episode has information for you, too! Episode Highlights: About our guest, Amanda Dempsey, attorney and shareholder with Kent Franchise Law Group What the FDD is and why it is useful for franchisees and franchisors What the Franchise Agreement is and how is it different from the FDD What to expect with the legal review process Tips and how to get started if you have a business and want to turn it into a franchise Links and resources mentioned in this episode: Schedule a call https://meetings.hubspot.com/tim17 Franchising 101 podcast website with a library of past episodes http://franchising101.net/ Interested in franchise ownership? Schedule a call with one of our coaches today! FranCoach is connected with over 500 franchises and we walk you through the process of finding the perfect franchise for you. Our services are always free and we commit ourselves to helping you find your better tomorrow. If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds and it really makes a difference in getting our message out to more people who can use it. Sign up for our email newsletter at FranCoach.net Interested in sponsoring the podcast? Contact us at info@francoach.net Follow FranCoach: Twitter: twitter.com/FranCoach4U Facebook: facebook.com/francoach4u/ YouTube: youtube.com/channel/UC1GtG31hWoecEONdScIJOsQ --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app
What is Poop 911 franchise? Poop 911 operates a pet waste removal service business featuring residential, commercial, community & park services. Poop 911 is a franchise concept in the Cleaning and Maintenance industry. Poop 911 is a Texas corporation incorporated on November 15, 2005 under the name “Hounds Mounds, Inc.” Geoffrey Bodle has been the Chairman and President since incorporation. The company has 62 franchise units across numerous states and 1 corporate owned location. The company projected 8 new openings for the 2020 year. The simplicity of the business model and the need for minimal equipment allows for franchisees to begin the business one to two weeks after signing your Franchise Agreement. If you are looking for more information, you can connect with us through our networks: https://www.vettedbiz.com/ https://www.linkedin.com/company/vettedbiz/ https://www.facebook.com/vettedbiz
In this episode, Jeff outlines the key points of the City Wide Operating Manual and Franchise Agreement documents. Click here to view the Foundations for Success article in City Wide YOU!
Charles N. Internicola and Nick Powills of FRANX talk about what you need to know about buying a franchise including: 1. If Buying a Franchise is Right (or Wrong) for You - Franchise Ownership vs. Entrepreneurship - Difference between buying an individual unit vs. multi-unit ownership 2. Franchise Buying Basics - Where to Find Franchise Opportunities - Franchise Brokers - the FDD - the Franchise Agreement - the Process 3. What to look for in a Franchise - Start with the FDD - Item 19 Financial Performance Representations - Unit Level Economics - Franchisee Validation - Leadership Team and Purpose 4. Plus Factors to Look for 5. Warning Signs to be Aware of JOIN Franchise Growth Mastermind Community: https://www.facebook.com/groups/1464519290241259
The Franchising Agreement might seem terrifying at first. But it doesn't have to be. path2frdm.com To learn more about opportunities in Franchising, reach out to Wes wes@path2frdm.com
This is the third episode in a three-part series on franchises. I break down the main terms that you should look for in a franchise agreement.
My Podner in this episode is me, Kit Vinson (finally!), and I'm going to talk to you about what franchisors should know about their franchise operating manual. Time Stamps Kit Vinson Intro 00:00:29 Segment 1 00:02:15 Get to know Kit Vinson Segment 2 00:13:30 Topic Segment – The Franchise Operating Manual Segment 3 00:00:00 There are no Quickdraw Questions in this episode Topics Discussed in this Episode What's Included in a franchise operating manual? Every manual is customized to the industry of the company, but there are elements of a franchise operating manual that are common to all manuals. Introductory chapters Pre-Opening chapter Human Resource chapter Daily Operating Procedures chapters Marketing chapter Sales Chapter What is the process for producing a franchise operating manual? Creation of the custom outline for the manual Legacy documentation review Identification of the content experts Information gathering phase Production phase Revision phase Make the manual creation process fun so that you can start the flow of your team's creativity juices. How often does the typical franchise manual need updating? Manual updates should be completed on a regular basis. Younger franchise systems will need to update their operating manual more frequently because their systems seem to evolve at a much faster pace than that of a mature franchise system. If you do not keep your franchise operating manual updated regularly, you increase the probability of you having to explain to a judge why your manual isn't up-to-date. How are franchise operating manuals typically distributed to the franchisees? Hard copy (paper) PDF Web based platform (Wiki-style) Hard copy manuals have extreme limitations. They are not secure. They are only a snapshot of your system on that day. Media limitations. PDF manuals are searchable, but they are not secure. They are also a snapshot of your company's system on that day. They are relatively easily to update but you run the risk of having multiple versions of your manual floating around your system. Web based, online operating manuals are secure, they are extremely easy to update, you can track your franchisees activity in the manual, and you can include multimedia content such as videos. What are the functions of a franchise operations manual? First, the Franchise Operations Manual is the authority document of the franchise System Standards. The System Standards are the standard procedures that a franchisor requires of all franchisees in order to duplicate the customer experience in every location. The customer experience is the driving force behind profitability. If you can duplicate a favorable customer experience, then you may have a business that you can franchise. If you have a well prepared Franchise Agreement, it will refer to the Franchise Operations Manual as the System Standard. This way, as your system grows and your System Standards change, you only have to update the manual instead of updating the Franchise Agreement. Second, the Franchise Operations Manual is the most effective tool for protecting your Brand. A company's Brand is one of its most valuable assets. The Brand is also the asset that is at most risk when a company decides to franchise. When you franchise a concept, you are putting your Brand in the hands of other people, all of whom likely have different ideas about the best direction for the company. A properly prepared Franchise Operations Manual, with well-defined and organized System Standards, will be one of the few tools you have to manage the Brand and control the franchisees when they try to act on their vision for what is best for your Brand. Third, the Franchise Operations Manual will likely be the principal tool for training new franchisees. It is the “Your Company for Dummies” book. You have to assume that most of your franchisees will not have experience in your industry. They may not have any business experience at all. It is very common for a retired schoolteacher or a retired military person to invest in a franchise. This is not to suggest that schoolteachers or military personnel don't have any business savvy, it is only to say that they were not formally trained in business and have not practiced it during their career. Your manual needs to be a document that not only trains them on your system of providing a favorable customer experience, but also one that brings them up to speed on how to manage a business. Fourth, a well prepared documentation of the procedures that has helped make your company a success will help you sell your concept to potential franchisees. Put yourself in the shoes of a potential franchisee. If you received a Franchise Disclosure Document (FDD) that showed you that the company had a 50 page document describing all of its operating procedures, you might be a little concerned. You will also take your Franchise Operations Manual with you when you meet with potential franchisees for the first time. In that meeting, you will attempt to sell the concept to the prospect. Like all good sales people, you will likely have a few sales tools to assist you. You will probably present a PowerPoint presentation of the concept, you will review the company's performance in the FDD, and you will present the Franchise Operations Manual as your proof that you have a well documents system for success. Fifth, you don't get very many opportunities to convey your corporate culture to your franchisees. Initial training lasts a week or so. Annual conferences last a few days per year. Ultimately, it is the franchise operating manual that will have the most contact with your franchisees, so what better place to show them who you are. Kit Vinson www.franman.net kit.vinson@franman.net 214-736-3939 x 101
Also happening today, a coronavirus testing site in west suburban Aurora is set to close at the end of the month; Oakton Community College in Des Plaines is offering training to become COVID-19 contract tracers; the city has chosen five development teams to compete for a project to rebuild part of the area near the Harold Washington Library; and much more. See omnystudio.com/listener for privacy information.
My Podner in this episode is Rob Vinson and he's going to talk with us today about Franchising 101 – Where to start when you backed into franchising by accident, and don't know where to go. Rob has been a franchise attorney for 26 years. He was a partner at the prestigious law firm of Strasburger and Price, which is now Clark Hill after an April 2018 merger. Over 13 years he worked his way from associate up to partner. In 2001, he started his own law practice of Vinson Franchise Law and has been doing that ever since. He works, and has worked, with clients all over the United States as well as internationally. Rob is also a founding partner of FranMan Inc, a company that specializes in producing franchise operating manuals. In 26 years Rob has accumulated a great deal of experience that he is going to share with us today. Time Stamps Rob Vinson Intro 00:00:27 Segment 1 00:02:00 Get to know Rob Vinson Segment 2 00:22:32 Topic Segment – Franchising 101 Segment 3 01:06:50 Quickdraw Questions Topics Discussed in this Episode What is Franchising? Business Format Franchising versus Product Distribution Franchising What is the difference between franchising and traditional licensing? What are the three elements that must be present in order to be considered a franchisor by the FTC? Just because you may not be considered a franchise by the FTC, you may still be considered a franchisor by the state government. Why franchise instead of expansion through company owned locations? What types of business lend themselves to franchising and which don't? What elements of a business does Rob look at when advising a client on whether the business is “franchisable”? What resources are available to a new franchisor to help navigate the waters of franchising? How can a franchisor find a franchise attorney? What should the franchisor consider when selecting a franchise attorney? What services do franchise attorneys offer to franchisors? What is the FDD and Franchise Agreement? Why did the FDD come about? What are the dangers of a new franchisor using a template to create their own DFF and Franchise Agreement? How important is a well-documented franchise operations manual? Rob Vinson Vinson Franchise Law www.franchiselaw.net rob@franchiselaw.net Phone - 775-832-5577 Kit Vinson www.franman.net kit.vinson@franman.net 214-736-3939 x 101
Looking at your franchise from a different perspective can drive sales and growth. On this episode of Let's Break Franchising! we talk about using the basic business plan of a garage band to grow your brand within the brand and become the place where customers feel ownership. We cover a lot in a short time. Practice makes perfect and a garage band practices as often as they can. Why don't you? You see, simple plans make for dramatic changes that build your business and strengthen your team. Don't miss this episode and be ready to start planning to act more like a garage band. Practice, create your image, build your sound, and market cheaply, but effectively. If four teenagers in a dirty garage can create a world-famous brand, why can't you? As always, we stay firmly within the boundaries of your Franchise Agreement. Don't worry about breaking the rules. We only break the patterns that keep you from being the best, most successful franchisee within your brand. Have fun with the concept and let us know how it's going! Email us at Questions@BusinessBulldog.com. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/lets-break-franchising/message Support this podcast: https://anchor.fm/lets-break-franchising/support
In Episode 6 of Franchising with Purpose, Amanda and the Mikes define key franchising terms such as franchisee, franchisor, the franchise disclosure document, and franchise agreement. Check out https://www.griswoldhomecare.com/franchise/ for more, and follow Griswold Franchising on social media: LinkedIn Twitter | @MikeMagidGHC | @MFPowers2 | @Amanda_GHC Facebook Instagram Theme Music by Sebastian Brennan
The How of Business - How to start, run & grow a small business.
Franchising - 3 critical franchise benefits and common misconceptions with franchising. Henry shares his insights and advice on franchising, including the 3 critical benefits to consider when selecting a franchise business and some of the common misconceptions. He also addresses Franchise Fees, and the invaluable benefit of a strong franchisee network. Many people believe franchising is risk-free, but the reality is that you are not assured success just because you go with a franchise. The key is to properly evaluate a franchisor, and to get the help you need up-front (from a Franchise Broker and/or a Business Coach) before you sign a Franchise Agreement! Henry Lopez is a serial entrepreneur, small business coach, and the host of this episode of The How of Business show – dedicated to helping you start, run and grow your small business. (TheHowOfBusiness.com)
Drue Townsend Show Notes My Podner in this episode is Ms. Drue Townsend and she's going to share with us A LOT of what she has learned from managing the MARKETING FUND at FASTSIGNS International. The words “Marketing Fund” can create anxiety in many people and Ms. Drue will demystify the concept and teach you exactly what you need to know to make the most of your company's marketing fund. Rob Vinson from Vinson Franchise Law joins the conversation to help us with some of the legal issues that are related to the Franchise Marketing Fund. Time Stamps Drue Townsend Intro 00:00:40 Segment 1 00:02:23 Get to know Drue Townsend Segment 2 00:13:45 Topic Segment – Franchise Marketing Fund Segment 3 00:59:10 Quickdraw Questions TOPICS DISCUSSED IN THIS EPISODE: What Is A Marketing Ad Fund? It is a collection of money paid by franchisees and managed by the franchisor, to enact defined marketing and advertising initiatives and bring value to the brand and franchisees. It is in addition to any Royalties paid by the franchisee to the franchisor. It is usually a percentage of gross sales (but could be a flat fee) Marketing Fund By Laws: There should be written By-Laws that outline how the fund can be used (what types of initiatives; pro-rata vs. major markets vs. national only), who makes decisions about it (as an example, highest ranking Marketing Person and CEO with Franchisee Ad Council input), who can sign contracts (often just the CEO and Marketing Person), where the money is kept (recommendation is that it is held in a different financial account with its own Profit and Loss Statement and Balance Sheet), who is providing the fiscal oversight and ensuring proper collection and use of the fund. Sample Acceptable Uses of the fund Build and maintain the brand and location's central website Create television ads Run paid social media ads Join a vertical industry association and exhibit at their trade show Agency fees or marketing team member salaries/benefits Marketing research projects Unacceptable Uses Franchise Development advertising Legal fees for the new corporate office lease negotiation Create training and operations manuals about safety Pay for a convention cocktail party Collect just to rebate back to franchisees who do X and Y How to Justify an Ad Fund to A Franchisee Use the dollars to protect and promotes the brand, which protects your investment today and should add value to your asset when you go to sell one day It builds brand awareness and brand consistency when marketing and advertising has the same messaging strategy and look/feel; easier to control and do when centralized Doing things “on your behalf”; things that you – or other franchisees - can't, won't or shouldn't do on your own. Looking for economies of scale (having a customer satisfaction survey platform that all franchisees can be part of through the Ad Fund vs. having each one find their own; having one website managed and hosted by corporate; buying national cable television vs. having 30 franchisees by spot cable), things that require compliance (email marketing platform); , would reach beyond one's area and impact other franchisees positively or negatively (joining a national association and advertising on their homepage), etc. The Importance of Franchisee Involvement in the Marketing Fund Create a Marketing Ad Council (ours is called the National Advertising Council) and it has 6 elected Board Members representing the 650 locations in the US and Canada. Scale the number with growth; we started out with 3 and don't have plans to increase beyond 6 anytime soon. Too many prohibits decision making. The National Advertising Council – or whoever works with the corporate team on Ad Fund projects – can be different than the Franchise Advisory Council, or one group of franchisees can provide guidance to the corporate team on both types of topics. You can have officers for the Ad Council, but because franchisees have their own businesses to run, we don't have franchisees fill these roles and therefore then have to do the meeting minutes, organize administrative board events, etc. What Should You Start Spending Money on Today From an Ad Fund Digital marketing A corporately managed website with micro-sites/location pages on it Google My Business page management Directory Listings management (so all information about a location gets propagated accurately and updated across the web) Brand social media sites (and organic content/ads on them) Creation of some brand materials (depending on your product/industry and how you go to market; could be an automated platform or just have the assets/materials available Videos Point of Purchase materials Print materials (brochures) Digital Asset Management software Common Pitfalls with a Marketing Funds Don't cap your Ad Fund fees; it will make future high-volume franchisees happy but it will keep your Ad Fund from growing (and you will have more locations to help) Try not to require yourself to spend pro-rata. It is very hard to do well and sometimes money needs to be spent in an area of the country or on something that doesn't benefit all equally. Ex: a sponsorship that covers only 15 cities, but has regional television and a big online effort; a state listing on a website where 50% of your locations do business. Don't collect money only to give it back through subsidies or rebates or matching. A lot of admin work, disagreements about what does and doesn't qualify, etc. Franchise Marketing Fund Tips Start an Ad Fund from the beginning (as you establish your brand/franchise). If you don't have one, start one now with future agreements. Consult with your accountant and attorney to determine if it should be set up as a separate entity (and what kind), what the tax implications will be, if it is subject to any accounting regulations (ASC 606 deals with revenue recognition). If corporate can match any funds, it is a great way to soften the process of starting an Ad Fund Collect Ad Fund fees the same way that you collect Royalties (ex: EFT on the 5th of the month). If you don't pay your Ad Fund fees, you are subject to the same compliance issues and penalties as you have if you don't your Royalties on time/ever Encourage franchisees to spend money locally on things that make sense in their market – local pay-per-click, display ads on local websites, radio, joining associations, sponsoring events, etc. Don't fund discounts in national promotions either (ex: $1 off sandwich promotion should be absorbed by the franchisee; not paid by the Ad Fund). Determine if an agency, freelance help or an in-house marketing team is best for your business. There are pros and cons for each, and in the long term, the best result is probably a mix of all three, but emerging businesses with small or no Ad Funds have to really stretch dollars. Have governance and be transparent with your franchisees. Review financials each month and have annual statements audited. Share categories of spending at big meetings. Have a franchisee-elected Board of Directors that works with the corporate team to be a sounding board, communicator, tester, etc. Have protections. Require a small percentage of the funds to not be budgeted – to be held out of the budgeting process – in case sales decline or the Ad Fund is owed money by the franchisees. It's easier not to budget for something than to have to cancel programs later. As your system grows and your Ad Fund grows, have provisions in your guidance documents that allow you to reduce that percentage. (We don't, and our By Laws require a 5% hold back or carryover, which is now hundreds of thousands of dollars a year). Make your agreements broadly specific. Sounds like an oxymoron but give the brand room to expand what the Ad Fund can cover, but don't make it too open-ended. How to Set Up a Franchise Marketing Fund Contact a franchise attorney and ask them for best practices in your industry, business and the way you market. See if they have sample drafts or if they can help you create an Ad Fund plan, By-Laws, content to include in your Franchise Disclosure Document and content to include in your Franchise Agreement. Determine and set up your collection amount, audit and governance processes, etc. Create a long range marketing plan – 3 to 5 years – based on estimated collected funds, and what those funds could buy. Prioritize the spending and share the big picture plan with franchisees and future franchise candidates so they know there is a plan, but clarify that this is based on assumed growth and that the plan is not contractually guaranteed. Drue Townsend FASTSIGNS International drue.townsend@fastsigns.com 214-346-5797 Rob Vinson Vinson Franchise Law www.franchiselaw.net rob@franchiselaw.net 775-832-5577 Kit Vinson FranMan Inc www.franman.net kit.vinson@franman.net 214-736-3939 x101
Tab Burkhalter is the managing partner of The Burkhalter Group, which is composed of a regional law firm, regional CPA firm, business start-up and back-office service provider (Numbers House) and commercial real estate lessor. Tab has extensive experience in helping franchisees establish their businesses. Key Takeaways: [0:18] Today’s episode of Franchise Euphoria is brought to you by IndyFranchiseLaw.com, a leading resource in the franchise space. Head over to IndyFranchiseLaw.com learn more! [1:00] Our episode today features Tab Burkhalter, the leading manager at the Burkhalter Group and is also a CPA. [1:51] Josh welcomes Tab Burkhalter to Franchise Euphoria. [2:14] Tab takes a minute to tell Franchise Euphoria about his background as a CPA and how he came into the franchising industry. [3:39] About 80% of the work Tab does deals with restaurants. [5:07] One of the biggest decisions a franchisee can make when opening their second location is determining whether they will open a separate LLC to conduct the business. [7:08] When setting businesses up, Tab suggests establishing yourself as an LLC but elect to be taxed as an S Corp so that you save on self-employment taxes. [9:05] Tab suggests the second consideration franchisees should be making when considering a second location is what tax grants or incentives are there for where you’re putting your second location? [12:42] When buying a second franchise, you must redo your due diligence in looking over the Franchise Agreement, because while you’re already familiar with the version you signed years ago, there have likely been updates made that you may or may not approve of. [15:18] As has been evidenced in this episode, Josh notes how important it is to have a CPA on your team to make sure you get the proper deductions, make sure you’re doing things the right way, and ultimately save money in the long run. [17:25] When you start planning your exit strategy for a franchise system, you need to familiarize yourself with the terms your franchisor has set out for you. [20:51] In certain situations, Tab will sometimes advise the franchisee to purchase the property that the franchise is on, so that way they have some cards to play when negotiating a successor or just general corporation with their franchisor. [22:21] Tab often finds that franchisees just look at the first three years of their business when cultivating a plan when they need to be thinking through five to ten years. [25:11] If you want to learn more about Tab or seek his expertise, you can visit his website at www.TabBurkhalter.com or call (865) 984-4080. [25:45] Thanks for listening, and please, reach out to Josh anytime through email at josh@franchiseeuphoria.com. If you enjoyed this interview, please leave us a review on iTunes. Mentioned in This Episode: josh@franchiseeuphoria.com www.franchiseeuphoria.com www.indyfranchiselaw.com www.tabburkhalter.com www.thenumbershouse.com www.facebook.com/NumbersHouse twitter.com/thenumbershouse www.instagram.com/thenumbershouse www.linkedin.com/company/the-numbers-house
Before signing the Franchise Agreement it's essential to completely understand the franchise relationship along with both yours and the franchisor's responsibilities and especially for your benefit, your potential liabilities. There's no better way to do so than to ASK QUESTIONS! This is an essential part of your due diligence that will help you make an informed decision well before signing of documents and remitting the Franchise Fee. Joining host, Paul Segreto on this segment of Franchising & You is Tom Spadea, Franchise Attorney and Partner at Spadea Lignana Attorneys at Law. Franchising & You airs Saturdays at 9:30 AM ET / 8:30 AM CT with each segment available on-demand. Franchising & You is powered by Franchise Foundry and sponsored by FranFund, Spadea Lignana and Retail Solutions.
My Podner on this episode is Tom Spadea. Tom and I will discuss the benefits of properly managing the FDD and the Franchise Agreement, from the beginning, making sure to keep the end in mind. The "end" he speaks of is a possible acquisition by an investment company. What will they expect to see when they look at your franchisees contracts in your files? Time Stamp Tom Spadea Intro 00:00:40 Segment 1 00:03:22 Get to know Tom Spadea Segment 2 00:24:40 Topic Segment – Managing Your Franchise Agreements with the End in Mind Bonus Segment 00:57:15 Managing Franchisee Growth Segment 3 01:02:50 Quickdraw Questions Topics discussed in this episode: Where do most franchisors get it wrong? Many franchisors and franchise attorneys focus mostly on the substantive issues of the and forget about procedural issues related to the process - managing latent defects Item 23 receipt page not being properly executed and filed Guarantees not properly executed Individual versus LLC signing FA/lease You can have the best FDD and franchise agreement in the world, but if you don't manage the process properly, it can cost you a lot of money in the short term with an unenforceable contract, and in the long run, upon exit. It's important to understand who the real audience of the Franchise Agreement is. It is the franchisee, but it is also a prospective private equity investment firm who may want to purchase your system in the future. What is the process? Step 1: Make sure that the franchise agreement is up-to-date Step 2: Geographical Analysis - Ensure that the franchisor is registered in every registration state where the concept will be offered. That includes where the prospect is currently located as well as where they want to open a location. Both states must be registered if required by that state. Deliver the correct FDD for the state. Step 3: Ensure that 14 days pass between delivery and signing of the Franchise Agreement, not including delivery day and signing day Step 4: Spend the time to ensure that names are all spelled correctly, along with middle intials. Check the address, LLC name etc Step 5: Prepare a custom franchise agreement based on the specific agreements made between franchisor and franchisee – do not use the sample franchise agreement that is included in the FDD. Deliver the document to all required recipients and ensure proper signatures Step 6: Ensure that the lease includes all of the required language as per the franchise agreement There are many different software packages that can help you with each aspect of the transaction, but Spadea Law has the platform that hits every element. Compliance Map helps franchisors ensure that they are only offering the franchise in the proper states. The link to the Compliance Map software demonstration is below: https://vimeo.com/260105446 If you haven't managed the steps of the process well, then it is not too late. Review your documents and get the documents in line now, before you are approached by an investor. Books: Exponential Organizations By by Salim Ismail and Michael S. Malone Seven Habits of Highly Effective People By Stephen Covey The E-Myth By Michael Gerber Khan Conn Iggulden Podcasts: Dan Carlin's Hardcore History Tom Spadea Spadea Lignana www.spadealaw.com 610-662-0192 (cell) Kit Vinson FranMan Inc. www.franman.net 214-257-7685 x1 Kit Vinson
On this episode of LaborPress’ Blue Collar Buzz, Leo Gerard, United Steel Workers International President, discusses the impact announced tariffs on steel and aluminum imports are having on workers; Kate Blumm, NYC Department of Information Technology & Telecommunications, talks about the results of a recently completed audit of the city’s Franchise Agreement with Charter/Spectrum; and IBEW Local 3 Shop Steward Richard Shabman talks about the yearlong strike against Charter/Spectrum and what looms ahead.
On this episode of LaborPress’ Blue Collar Buzz, Leo Gerard, United Steel Workers International President, discusses the impact announced tariffs on steel and aluminum imports are having on workers; Kate Blumm, NYC Department of Information Technology & Telecommunications, talks about the results of a recently completed audit of the city’s Franchise Agreement with Charter/Spectrum; and IBEW Local 3 Shop Steward Richard Shabman talks about the yearlong strike against Charter/Spectrum and what looms ahead.
On this episode of LaborPress’ Blue Collar Buzz, Leo Gerard, United Steel Workers International President, discusses the impact announced tariffs on steel and aluminum imports are having on workers; Kate Blumm, NYC Department of Information Technology & Telecommunications, talks about the results of a recently completed audit of the city’s Franchise Agreement with Charter/Spectrum; and IBEW Local 3 Shop Steward Richard Shabman talks about the yearlong strike against Charter/Spectrum and what looms ahead.
"We created a concept that isn't your typical sandwich shop - we are constantly innovating, creating a sandwich of the week, appealing to consumers seeking an elevateddining experience." - David Adir, co0-founder & CEO, The Carving Board This week on Franchise Today co-hosts Stan Friedman and Paul Segreto welcome to the show David Adir, co-founder and CEO of The Carving Board. Following initial success in California and a signed Franchise Agreement in Dubai, Adir explains how the brand looks to continue momentum by partnership with local entrepreneurs in metropolitan cities across the country. Best known for putting comfort food meals in between bread in sandwich form - 50 unique creations in all. Franchise Today airs LIVE Wednesdays at 11AM CT / 12PM ET with on-demand access on iTunes, and is sponsored by FRM Solutions and Franchise Foundry.
Jeff was LIVE this morning on Chamber Chat Peoria Life with Tom Fliege - Chamber and CEO Council member - talking about the CEO Council Water Infrastructure Community Education Committee and a recent study they completed regarding the 1889 Franchise Agreement.
In my legal practice I come across many issues in the franchise space. Many of these can be avoided if you do your homework ahead of time (which is why I always urge people to have representation before signing an agreement). There are three very common issues in franchising that if not taken care of up front can really come back to bite you later on. These involve territory, termination, and trade mark. Don't make the costly mistake of not fully understanding what you are signing. Listen in to learn how to avoid these mistakes before they happen. Feedback Have any suggestions for future shows? Have questions or topic you would like us to do an episode on? If so, please leave a comment. If you enjoyed the podcast would you please take a moment to leave a review and rating on iTunes or Stitcher. Every review means we can reach out to more people. iTunes: Franchise Euphoria Podcast Tune in on Stitcher!
"Are you a small business that wants high speed broadband in New York City? You're in luck! There's a competition available to get you just what you need. To compete, you must: Swim across the Hudson River in freezing water, chanting "I want my fiber", holding onto your laptop at all times,Pray to the gods to shine their light so you can beg to get some broadband. Offer them a goat as a sacrifice (Vegans can use turnips),You must show why you really, really, really, need a broadband connection and demonstrate what the "potential impact of fiber on your business and the feasibility of fiber construction to your building." This bit of sarcastic wit from guest Bruce Kushnick, Exec. Dir. of New Networks Institute, highlights a deadly serious problem: true highspeed Internet access that meets the needs of businesses and residences doesn't exist in many urban centers. Kushnick explains to listeners how they can meet and overcome this challenge, even if Katniss is too busy to help at the moment. Beginning with his take on new Mayor Bill de Blasio's initial steps to attack the problem in New York, Kushnick discusses how constituents there and elsewhere can leverage existing cable franchise agreements to try to counter some of the negative aspects of the announced Comcast/Time Warner merger. He also presents tactics for influencing local broadband policy, using incumbents cross-subsidization practices against them, and ultimately, doing whatever's possible to facilitate additional competitors with highspeed broadband into urban markets.
Many businesses operate through a franchise relationship. But starting a franchise business should be a decision taken only after careful consideration. All franchises are not equal. There are certain steps that one needs to take to ensure they are protected. A franchise is a great way to start a business. However, starting a franchise is no guarantee of success. Like any other business, a potential owner must carefully come up with a business plan and consult with an attorney.