Podcasts about Franchise disclosure document

Send us a textWhat if there was a franchise opportunity with average revenues of $7.8 million that 99% of franchise searchers have never heard about? In this revealing episode, Bubba Snider shares his transformation from Fortune 200 executive to successful City Wide Facility Solutions franchise owner in Alabama. When the pandemic hit in 2020, Bubba, approaching 50, made the bold decision to leave corporate America behind—a choice he now only wishes he'd made sooner.Three years into ownership, Bubba provides rare transparency about his entrepreneurial journey: from the initial challenges of wearing multiple hats to building a team and creating sustainable systems. His business model brilliantly simplifies commercial property maintenance by serving as the single point of contact for the 20+ contractors property managers typically juggle, creating exceptional value reflected in his award-winning client retention rates.We explore the practical realities rarely discussed in franchise conversations: managing accounts receivable, work-life integration, the competitive mindset needed for success, and the powerful community of franchisees sharing best practices. Bubba candidly addresses whether you can keep your day job while starting this business (you probably can't) and why, despite the initial investment and uncertainty, he could never return to corporate life.Curious about City Wide or other high-performing franchise opportunities that 99% of searchers miss? Text us at 305-710-0050 to discover your potential path to business ownership.Revenue figures are from the City Wide Facility Solutions 2024 Franchise Disclosure Document. This podcast is not an offer to sell a franchise and may not be available in your state. Please contact us to get access to their FDD. The Franchise Insiders Podcast Schedule A Call Text: 305-710-0050 Take our FREE Business Builder Assessment

On this episode I discuss the Dark Side of Franchising.  Franchising has the potential to provide you with financial freedom.  It has enabled me to from my business to $45M+ and I believe it can do the same thing for you.  BUT you need to educate yourself on how to identify the right franchise for you.  There are over 3000 franchises in the US some are absolute diamonds and many are absolute dirt.  I walk you through the Franchise Disclosure Document and identify the crucial parts that you must understand. Send me a text3 ways I can help you make money through franchising: - Learn the basics from my weekly newsletter - Work directly with my team to buy your first franchise - Scale your franchise to 8-figures by joining my private community Find me on X / Twitter, LinkedIn, & YouTube

Learn More About Attending the Highest Rated and Most Reviewed Business Workshops On the Planet Hosted by Clay Clark In Tulsa, Oklahoma HERE: https://www.thrivetimeshow.com/business-conferences/   See the Thousands of Success Stories and Millionaires That Clay Clark Has Helped to Produce HERE: https://www.thrivetimeshow.com/testimonials/   Clay Clark Testimonials | "Clay Clark Has Helped Us to Grow from 2 Locations to Now 6 Locations. Clay Has Done a Great Job Helping Us to Navigate Anything That Has to Do with Running the Business, Building the System, the Workflows, to Buy Property." - Charles Colaw (Learn More Charles Colaw and Colaw Fitness Today HERE: www.ColawFitness.com)   Download A Millionaire's Guide to Become Sustainably Rich: A Step-by-Step Guide to Become a Successful Money-Generating and Time-Freedom Creating Business HERE: www.ThrivetimeShow.com/Millionaire   See Thousands of Actual Client Success Stories from Real Clay Clark Clients Today HERE: https://www.thrivetimeshow.com/testimonials/   See Thousands of Case Studies Today HERE:  www.thrivetimeshow.com/does-it-work/  

Franchise Myths Debunked with David Montanez In this episode, we're excited to share a conversation with David Montanez, an expert in the franchise industry. We discuss common misconceptions about franchises and explore why systems and processes are critical in building a successful business model. David will guide us through topics like the unexpected benefits of franchising, which include reduced risk and access to extensive support networks, various types of franchises, David's four key components of managing a business, and semi-absentee ownership and the emerging trends affected by technology and recent global events, like COVID. Plus, we cover the all-important legal and financial advice for those looking into franchising, talk about the indispensable Franchise Disclosure Document, and learn what makes some franchises stand out over others.   What we discuss with David: + The misconception that franchises are primarily food-related + Exploring the breadth of franchise opportunities in various industries + Addressing the myths around franchising fees and starting advantages + Realities versus expectations in franchising + Advantages of Joining a Franchise + Support and Guidance for Franchisees + Opportunities in the Home Services Industry + Trends and Management in Franchising + Legal and Financial Considerations for Franchisees + Understanding Investment Requirements + Factors Leading to Franchise Success + Possible Outcomes for Franchise Owners   Resources from this Episode: Authority Brands   Thank you David! Connect with David on LinkedIn   Sign up for our FREE Business Course - Understand the 7 Phases of A business, so you know where you are now and where you need to go next! Go to https://www.millionaireuniversity.com/training.   If you enjoyed this episode with David, let us know by clicking on any of the links below to send him a quick shout-out: Instagram, Twitter, Facebook, Youtube, TikTok and LinkedIn. We'd love to hear from you!   And if you want us to answer your business questions on an upcoming episode, drop us a line at support@millioinaireuniversity.com.

Kara Holden is the visionary Founder of airbrush tanning business AGLOW and a formidable advocate for women's empowerment and self-confidence. Kara is on a mission to nurture the feminine spirit, fostering inclusivity and a supportive community for women through AGLOW, a safe alternative to harmful UV rays with a food-grade DHA tanning solution.

Franchise Myths Debunked with David Montanez In this episode, we're excited to share a conversation with David Montanez, an expert in the franchise industry. We discuss common misconceptions about franchises and explore why systems and processes are critical in building a successful business model. David will guide us through topics like the unexpected benefits of franchising, which include reduced risk and access to extensive support networks, various types of franchises, David's four key components of managing a business, and semi-absentee ownership and the emerging trends affected by technology and recent global events, like COVID. Plus, we cover the all-important legal and financial advice for those looking into franchising, talk about the indispensable Franchise Disclosure Document, and learn what makes some franchises stand out over others. What we discuss with David: + The misconception that franchises are primarily food-related + Exploring the breadth of franchise opportunities in various industries + Addressing the myths around franchising fees and starting advantages + Realities versus expectations in franchising + Advantages of Joining a Franchise + Support and Guidance for Franchisees + Opportunities in the Home Services Industry + Trends and Management in Franchising + Legal and Financial Considerations for Franchisees + Understanding Investment Requirements + Factors Leading to Franchise Success + Possible Outcomes for Franchise Owners Resources from this Episode: Authority Brands Thank you David! Connect with David on LinkedIn Sign up for our FREE Business Course - Understand the 7 Phases of A business, so you know where you are now and where you need to go next! Go to https://www.millionaireuniversity.com/training. If you enjoyed this episode with David, let us know by clicking on any of the links below to send him a quick shout-out: Instagram, Twitter, Facebook, Youtube, TikTok and LinkedIn. We'd love to hear from you! And if you want us to answer your business questions on an upcoming episode, drop us a line at support@millioinaireuniversity.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to The Profit Talk! In this show, we're going to help you explore strategies to help you maximize profits in your business while scaling and creating the lifestyle that you want as an entrepreneur. I am your host, Susanne Mariga! I'm a CPA, a Fractional CFO, and a Certified Profit First Professional Mastery Level providing tax strategies to 7 and 8-figure entrepreneurs. Let's dive into strategies to maximize profits in your business!  In this episode, I interview John Prothro. He is an experienced executive with a background in Mergers and Acquisitions and International Business Leadership.  He is currently the President and CEO of Foot Solutions Inc, which is a global foot wellness retailer that specializes in custom orthotics and advanced footwear. The mission for John and his company is to improve the quality of life for their clients. The company has grown significantly by opening over 80 locations globally.  ✨ Episode Highlights:  - Dive deep into John's journey from mergers and acquisitions expertise to leading Foot Solutions, Inc. - Gain invaluable insights into the challenges and strategies of running a franchise and integrating acquisitions. - Explore the all-important nuances of franchising, from deciphering the Franchise Disclosure Document to niche market trends. - Learn the significance of custom orthotics, healthy footwear, and the steady growth of the foot insole market.  To learn more about John and the services he provides, visit his website at  https://footsolutions.com/   Visit my FREE Facebook Group, The Profit First Masterclass, where I'll be sharing additional exclusive trainings to members of the community.   If you're excited about what's next for your business and upcoming episodes, please head to our itunes page and give us a review! Your support will help me to bring in other amazing expert interviews to share their best tips on how to powerfully grow in your business!  DISCLAIMER: The information contained within these videos is provided for informational purposes only and does not constitute, an accountant-client relationship. While we use reasonable efforts to furnish accurate and up-to-date information, we assume no liability or responsibility for any errors, omissions, or regulatory updates in the content of this video. Any U.S. federal tax advice contained within is not intended to be used for the purpose of avoiding penalties under U.S. federal tax law. 

Question: Hello Beau, I hope this message finds you well. I've recently been in discussions with a particular franchise and have obtained their Franchise Disclosure Document (FDD). As I look into the process of franchise financing, I want to ensure I'm well-prepared, especially from an SBA (Small Business Administration) standpoint. Could you kindly share some valuable insights and recommendations regarding financing a franchise, particularly with a focus on SBA-related considerations? Your expertise would be greatly appreciated. Thank you in advance for your assistance. Best regards, Olivia If you'd like to meet with Beau to talk financing, book a call here ( http://bookwithbeau.com/ )

Join host Giuseppe on the Franchise Freedom podcast as he interviews franchise attorney Houston Barnes from the Barnes Law Firm about the importance of the FDD and the franchise agreement in the franchising process. Describing the FDD as the "bible of franchising," Houston emphasizes its role as a comprehensive resource for making informed decisions and navigating the franchising journey. With Houston's expertise in franchisee representation, entrepreneurs gain unbiased advice, protection, and guidance to ensure their long-term success in the franchising world.In this episode, you will learn about the following:• Variations in Franchise Disclosure Documents: Length, Content, and Understanding• State-Specific Franchise Regulations: Navigating the Complexities• The Role of Franchise Attorneys: Why Specialization Matters• Nationwide Coverage: How Franchise Attorneys Assist Clients Across States• The Purpose and Limitations of Franchise Agreements: Negotiation vs. Rewriting• And so much more!About Houston Barnes:Houston Barnes is the visionary founder of BarnesLaw, a distinguished franchise firm known for its exceptional expertise in emerging Franchisee representation. With its headquarters in Charlotte, North Carolina, the firm actively assists clients across the nation. While Franchise Law remains Houston's primary focus, he also engages in corporate transactions, expanding his impact on the business landscape.Find Houston Barnes on…Website: https://www.houstonbarnes.com/LinkedIn: https://www.linkedin.com/in/houstonbarnes/Facebook: https://www.facebook.com/BarnesLaw/Twitter: https://twitter.com/barneslaw?lang=enConnect with Franchise Freedom on:Website: https://ggthefranchiseguide.com/podcast/Linkedin: https://www.linkedin.com/company/gg-the-franchise-guideFacebook: https://www.facebook.com/GGTheFranchiseGuideTwitter: https://twitter.com/ggrammaticoInstagram: https://www.instagram.com/gg_the_franchise_guide/Youtube:  https://www.youtube.com/@ggthefranchiseguideApple:  https://podcasts.apple.com/us/podcast/franchise-freedom/id1499864638Spotify:  https://open.spotify.com/show/13LTN5UzA57w2dTB4iV0fmGoogle: https://cutt.ly/gkG7t2gThe Franchise Freedom: Discover Your New Path to Freedom Through Franchise Ownership, Book by Giuseppe Grammatico:https://ggthefranchiseguide.com/book  or you can purchase directly on Amazonhttps://www.amazon.com/Franchise-Freedom-Manifesto-Your-Financial-ebook/dp/B088TZ73K3/ref=sr_1_1?crid=2SI0KKK9OMN90&keywords=franchise+freedom+book&qid=1683666681&sprefix=franchise+freedom+book%2Caps%2C108&sr=8-1

In this episode, we leave no stone unturned as we delve into the world of UPS Store ownership in 2023. If you've ever wondered what it takes to run a UPS Store, you're in for a treat, as we analyze all the crucial metrics that define the financial landscape of this business. Are you curious about the initial investment required to kickstart your UPS Store venture? We've got you covered! From franchise fees and equipment expenses to lease costs and staff salaries, we meticulously break down all the financial aspects you need to consider before taking the plunge. Running a business is all about profitability, and we're here to shed light on the potential earnings a UPS Store can generate. Location is key when it comes to any retail business, and the UPS Store is no exception. We discuss the significance of choosing the right location and share insights into the impact it can have on your business's success. The UPS Store 2023 Franchise Disclosure Document: https://www.vettedbiz.com/product/the-ups-store-traditional-2023-franchise-disclosure-document/ Want to know more about this franchise? https://www.vettedbiz.com/listing/the-ups-store-traditional/ Need help finding the right franchise? Click here: https://www.vettedbiz.com/franchise-search/ #UPSStore #FranchiseFindings 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 https://www.tiktok.com/@businessandfranchiseinus

In this episode, we talk about the Franchise Disclosure Document (FDD) and how it is an important document that potential franchisees need to review. The FDD is a document to help franchisees understand the responsibilities of both parties. A franchise disclosure document (FDD) is a legal document that franchisors are required by law to provide to potential franchisees in the United States. The purpose of the FDD is to disclose important information about the franchisor and the franchise system to prospective franchisees so they can make informed decisions about whether to invest in the franchise. If you'd like to meet with Beau to talk financing, book a call here ( http://bookwithbeau.com/ )

Welcome to Eye on Franchising, where we bring you the latest insights on franchising trends and opportunities. In this episode, Lance Graulich introduces Ion Franchising, a platform that helps individuals find the perfect franchise opportunity for free. Join us as we feature Neighborhood Kids, an early childhood education franchise that is making waves in the industry. We sit down with the founder of Neighborhood Kids, Frank Toral, and the franchise development manager, Chloe Lee, to discuss their mission and vision for the franchise. You'll hear about Frank's inspiring journey from law to early childhood education, and how investing in a franchise like Neighborhood Kids can provide both financial success and purpose for franchise owners. We also dive into the franchise owner selection process and the unique approach of utilizing empty churches to cut down costs and time associated with starting a franchise. The podcast highlights the success of a childcare franchising business that focuses on teaching foundational family values to children from various religious and non-religious backgrounds.Join us for an insightful discussion on the challenges and changes in early childhood education, particularly in regards to technology and curriculum, and learn about marketing strategies for franchising businesses in this sector.Overall, this episode emphasizes the importance of purpose-driven marketing and making a generational impact through franchising. Don't miss out on this valuable episode of Eye on Franchising. - Introduction of Ion Franchising platform- Feature of Neighborhood Kids early childhood education franchise- Interview with founder and franchise development manager- Importance of investing in a franchise- Journey of starting a church and acquiring preschools- Franchise owner selection process- Unique approach to franchise ownership- Success of childcare franchising business- Partnering with churches to run schools- Importance of directors with early childhood education knowledge- Challenges and changes in early childhood education- Marketing strategies for franchising business- Emphasis on purpose-driven marketing- Call to action for prospective franchise owners and pastors. KEY POINTS[0:0:8] Discover the perfect franchise opportunity for your investment goals with Ion Franchising's free assessment, featuring over 650 incredible available franchises![0:0:47]  courageously stepped away from a successful legal career to boldly pursue his divinely-inspired calling to lead a ministry, discovering true purpose in his volunteer work.[0:7:28] Amidst the COVID pandemic, ambitious spirit and innovative marketing strategies enabled him to not only maintain, but exponentially grow his business, offering couples a chance to build wealth and find purpose through franchising.[0:8:14] Despite coming from a modest background, Speaker 3 was an inspiring trailblazer who devotedly worked her way through college and accomplished a remarkable feat - becoming the first in her family to purchase a car with her own hard-earned money.[0:10:48] Through this innovative franchise model, entrepreneurs can take advantage of existing church properties and quickly launch their business without the hassle of costly loans or lengthy ramp-up times.[0:13:19] The rigorous franchise selection process, featuring financial and institutional franchise experience review, psychological assessment, and unanimous agreement among the leadership team, ensures only the most qualified candidates are chosen.[0:33:59] At our early childhood education center, we focus on developing our students' emotional intelligence and faith-based values, providing them with the foundation for a successful future.[0:37:19] By leveraging the power of social media, educational systems can dramatically increase their reach and engagement, ultimately leading to greater success in promoting learning and knowledge.[0:38:29] Our commitment to promoting from within has enabled us to foster a strong sense of community among our staff, with many of our recent college graduates and young adults demonstrating incredible potential and receiving CDA certifications in Early Childhood Education or Bachelor's Degrees in Education.[0:39:11] Despite the devastating economic impacts of the pandemic, the schools in this neighborhood managed to generate an astonishing $1 million+ in annual revenue to meet the demanding childcare needs of the community's children. Have you heard the news?  We are officially on YouTube.  Come check out a few videos have have and give me a follow!https://www.youtube.com/channel/UCwoAdrkPZmveJt5AQRDk8WA---Lance GraulichFranchise Consulting Services from ION FranchisingEye On Franchising

The Franchise Disclosure Document (FDD) is an important legal document that outlines the franchise relationship between a franchisee and a franchisor. It contains vital information such as franchise fees, franchise term length, obligations of both parties, restrictions on franchisees' business operations, and financial performance representations. By understanding the FDD in detail, franchisees can make informed decisions about their franchise investment. This episode will break down the components of an FDD, so you have a better grasp of what to look for when evaluating a franchise opportunity. Tired of your job? Thinking of starting or buying a business? Take our Biz Quiz to filter through over 10,000 business opportunities today! https://www.vettedbiz.com/quiz-test/ Need help finding the right franchise? Click here: https://www.vettedbiz.com/franchise-search/ 00:00 Introduction 00:57 Vetted Biz 01:20 FDD Categories 01:51 ITEMS 2 - 4 03:55 ITEMS 6 - 7 04:42 ITEM 8 05:16 ITEM 9 06:59 ITEM 12 06:47 ITEM 19 07:37 ITEM 20 08:27 ITEM 21 09:36 ITEM 22 09:50 Conclusion #FranchiseDisclosureDocument #FranchiseFindings 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

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

On this episode of the Investor Financing Podcast, Beau interviews Justin Sloan, Chief Executive Officer at Sloan Capital, as they talked about real estate, syndication, starting a franchise business, and owning a territory. Timestamps: [00:10] Opening the show by talking about the topic for this episode which focuses on syndication, franchise business and ownership. [01:00] Beau welcomes Justin onto the show, shares his backstory and explains his credentials [02:54] Justin tells us how he started in real estate [04:20] How did Justin met the CEO of Everbowl, a Southern California-based quick-serve restaurant with a focused menu of build-your-own Craft Superfood bowls. [05:25] Real estate investors should diversify [06:11] How intimidating is it when going through the Franchise Disclosure Document? [06:33] Buying a territory for growing brands [08:55] As a territory owner, Justin committed to open 50 stores over a multi-year period in Texas [09:49] Everbowl is currently searching for more franchisees [10:40] Franchise model versus starting a business from zero [11:00] Elaborating what franchise really is and its' advantages [12:58] A model or concept that an operator can be semi-passive [13:50] The ultimate goal of Justin's team [15:37] “You cannot be a good coach and leader unless you learn the systems” [16:04] How did Justin start in franchising business? [17:10] “Don't ask people to do anything that we're not willing to do ourselves” [18:00] Working with investors who are looking for scalable consistent operations [18:46] Know how to start and exit a business [21:24] Being a passive investor is the way to go [21:37] The real win for Justin is writing checks to some of the best syndicators in the world [24:35] The importance of diversification to avoid big losses when downturn happened [25:37] Revenue sources from sustainable human needs [28:03] How does Justin split up cash flows and equity? [30:38] Conveyor belt of restaurants [31:35] “Everything takes longer than you want” [34:43] If your rent is 20% percent of your sales, you'll never make a penny with that store [35:43] Structuring leases to be successful [37:30] The reason why Justin is interested to invest with things that will work now and in the future [38:44] Where to go to find out more about Justin [40:44] Ways to understand how to pick out the best franchise system

Considering buying a franchise, OR you just became a franchisee? These are some MUST KNOW legal items that could cost you hundreds of thousands of dollars in mistakes!In this episode Franchise Attorney, Nancy Lenard explains the Franchise Disclosure Document (FDD), Negotiating commercial lease, Franchise Agreements, Negotiating the purchase of franchise resales and more! If you want to buy a franchise in the next 12 months you can check out my free franchise masterclass at buyaprofitablefranchise.comAnd if you want to work with me and my team on finding or buying a franchise, or resale business then you can go to tariqjohnson.com/consulting and we're happy to see if we can help.To learn more or connect with Nancy:LinkedIn: https://www.linkedin.com/in/lanardandassociates/Twitter: https://twitter.com/LanardlawFacebook: https://www.facebook.com/lanardandassociates/

The Franchise Disclosure Document (FDD) can be very informative, and sometimes very disheartening. Franchise Attorney Josh Brown shares HOW to read the FDD, and what to watch out for! Franchise Consultant Kim Daly (The Daly Coach) interviews franchise attorney Josh Brown, host of the Franchise Euphoria podcast, to share some findings in an FDD that might set off some red flags. ▶️ Subscribe to The Daly Coach YouTube channel at http://kimdaly.tv My Franchise Consultant services are totally free to you. Let's chat! ✉️ Email me directly at inquire@kimdaly.tv #franchising #franchise #franchiseconsultant #franchiseopportunity #businesscoach #mindsetcoach #becomeyourownboss #bossup #beyourownboss #entrepreneurship #createwealth #buildalegacy #investmentopportunity #careertransition #homeservices #smartinvestment #fdd #franchisedisclosuredocument #franchiseattorney

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, {

Charles N. Internicola talks to Lisa Welko of Integrity Franchise Group about what franchise brokers are looking for when evaluating a franchisor's Financial Performance Representations (Item 19 in the Franchise Disclosure Document). If you want to learn more about franchising or are looking for a community of supportive franchise industry professionals…

From a development firm to working with franchisees to being a franchisor, today's guest brings his top advice on the Franchise Maven podcast. Rhino7's Doug Schadle shares with host Greg Mohr the most significant items on your Franchise Disclosure Document, outlining what is critical to include as you start out. He'll also show you how to properly measure your business's ability to become a franchise before engaging prematurely. You only get one shot to begin, so don't jump the gun!3 Key TakeawaysIf you're wondering how important strategy really is when considering franchisement, you need to take another thorough look. Strategy is the key to long-term success. Every brand is different; just because a franchise looks good, doesn't mean it will be the right one for you.Ensure your Franchise Disclosure Document is well equipped with the most important items.ResourcesWebsite: r7fdc.comDoug's FacebookRhino 's LinkedinAbout Doug SchadleDoug Schadle is founder, CEO, and owner of Rhino7, providing full-service capabilities and excellent follow-through and support for franchisors. He studied business marketing at Western Carolina University and lives in Cary, North Carolina.

When you're considering investing in a franchise, one of the first things you want to know is how much money you can expect to make. Unfortunately, it's not always easy to find this information. Many franchisors are reluctant to share salary and income data with potential investors. However, there are a few ways to get an idea of what to expect. In this podcast, we will discuss six methods for finding out the average salary and income of franchise owners. 00:00 Introduction 00:37 Number 1: Franchise Disclosure Document 01:39 Number 2: Reach Out Directly to Current and Former Franchisees 02:05 Franchise Profiles on Vetted Biz 02:50 Number 3: Reddit 03:25 Number 4: Glassdoor 04:12 Number 5: Tegus 05:15 Number 6: FranchiseSecretsGroup.com 06:23 Conclusion #FranchiseOwnerSalaryAndIncome #FranchiseFindings 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

How to find the perfect franchise for you? We often hear real estate, stock market, and cryptocurrency as the alternatives to the regular 9-to-5 to earn money and grow our wealth. However, not often do we hear people say that they want to explore franchising businesses, and that's what Lance Graulich wants to change. A franchising expert, Lance also helps independent business owners to scale their businesses through this model. He drops by in our podcast to talk about the benefits of franchising in general and if there are franchising opportunities in the real estate space.  [00:01 - 03:52] Opening Segment Lance Graulich has been exposed to different investment opportunities Why did he choose the franchising business model?  How should a business be grown? Listen to Lance's suggestion [03:53 - 08:37] How to Select the Business to Franchise  You can be a semi-absentee or absentee owner with a franchise Here's how How to select the right franchise for yourself according to Lance Mindset and skillset are both needed to start a franchise What is the ratio between them? [08:38 - 17:37] How to Start a Business Franchise Are you looking for franchisees for your business? Here's how Lance is connecting potential franchisees with businesses Lance explains how you can 10x your EBITDA or cash flow through franchising The 3 elements that franchisees need to start a business franchise Are there franchising opportunities in the real estate space? Listen to Lance [17:38 - 18:32] Closing Segment Reach out to Lance See links below  Final words   Tweetable Quotes “At the end of the day, I point people in the right direction of successful franchises, and there's a step in selecting the right franchise for yourself. That is so powerful, we call it validation.” - Lance Graulich “Franchising is successful because it takes typically an idea that's already existed and just perfected it.” - Lance Graulich “...once you're set-up [in your business franchise]…your valuation, as you add franchisees, you could be worth 10 times your EBITDA or 10 times your cash flow. ” - Lance Graulich   -----------------------------------------------------------------------------   Email lance@franmore.com to connect with Lance or follow him on LinkedIn. How to find the perfect franchise for you? Check out ION Franchising to know how!   Listen to Lance on his podcast, Eye On Franchising, to know more about business franchising. Connect with me:   I love helping others place money outside of traditional investments that both diversify a strategy and provide solid predictable returns.     Facebook   LinkedIn   Like, subscribe, and leave us a review on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on.  Thank you for tuning in!   Email me → sam@brickeninvestmentgroup.com Want to read the full show notes of the episode? Check it out below: Lance Graulich  00:00 If your business is a very specialized restaurant, you probably want to fill up the region or area of the country you're at first or in first, before you, let's say, run across the country and go to California or New York, depending on where you are. That's why a lot of restaurant brands grow pretty with some pretty good geographic integrity. So we start to identify growth trajectory and all that.   Intro  00:23 Welcome to the How to Scale Commercial Real Estate Show. Whether you are an active or passive investor, we will teach you how to scale your real estate investing business into something big.   Sam Wilson  00:35 Lance Graulich helps people find their perfect franchise business and he also sets up independent businesses to franchise. Lance. Welcome to the show.    Lance Graulich  00:45 Well, thanks, Sam. Happy to be here.   Sam Wilson  00:46 Hey, man, the pleasure is mine. There are three questions I asked every guest that comes on the show. In 90 seconds or less. Can you tell us where did you start? Where are you now? And how did you get there?   Lance Graulich  00:55 So where I started, born in Brooklyn, New York, the accent comes out just like that. Interestingly, I was I had a Polish immigrant grandfather that nobody could ever understand. He was the business owner. You know, I call it the trifecta. When you have, you know, owning a business, owning real estate, maybe investment firm, and then you got Wall Street. Those are the three major sort of Capstone investments. So grandpa, Izzy was the supermarket owner, and then grandpa Hyman he was a real estate attorney and played real-life monopoly. My mom and I were just talking about it the other day, he did all these syndications in the 50s, right, and big-time, throughout Brooklyn, he worked with Fred Trump, Donald Trump's dad, funny enough. And then you had my dad whose firm was the largest over-the-counter trading house on Wall Street. So I got a taste growing up of all the investment vehicles and opportunities. And, you know, I ended up on Wall Street with dad and quickly got into the franchise space. So but I'll skip ahead to where am I now? I'm a franchise broker. As you said, I find people their perfect business and educate people on the space that most people know nothing about or there's so many misconceptions. Maybe it scared them away. So franchise broker, I have my own podcast called Eye On Franchising, and let's see the last How did I get there? Let's see. I've owned franchises. When I left Wall Street, I joined an uncle who was a tech guy, and we built a $225 million a year Fridays Franchise Group, a lot of restaurants in the late 80s. I'm old, I'm 55 already. So fast forward, I own franchises like Wingstop and Krispy Kreme in different states and did really well. And I was a high-performing franchisee of those brands, president of franchise advisory councils. So I got there just based on experience, had a lot of brands as I was doing operations consulting because I love helping people. And a lot of people start to ask me, well, can you help me sell franchises? It seems like I can't really find somebody that knows my brand. And you're already on the inside of the company. Why don't you sell us and I'm from Brooklyn, I could sell anything. So here I am.    Sam Wilson  03:11 That is fantastic. Lance, there's so many directions, I could take this podcast today, I would say let me just throw out my conclusion. And you can tell me if I'm right or wrong. And that is that every business, whether we're real estate investors, or running a Wingstop, or whatever it is, should be organized in growing in such a way that someone else can take the same model and wash rinse repeat it no matter who they are.   Lance Graulich  03:37 Absolutely 100%. It's all about systems. It's all about procedures. And you know, the marketing these days, the Internet change the world, you know, used to be the Yellow Pages. Now, it's all about your social proof and social media. But the answer your question is absolutely.   Sam Wilson  03:53 What are some things, and yes, you mentioned systems and procedures and that kind of a catch-all phrase, what are some things that really happen or that prevent someone from really pushing, you know, kind of breaking through that wall that holds so many back or at least to get to a certain level of success and go no further?    Lance Graulich  04:11 Yeah, well, on the individual basis, I mean, there's a lot of independent business owners that, you know, they're stifled with their growth, either don't want to spend their own capital any longer and they feel like they've made it. Maybe they're making enough money. And it is a little bit harder. There is an, let's just say another level of effort that's required to continue to grow and scale your empire. But some people don't think that franchising could be right for them. And the crazy part about franchising is there's a franchise opportunity in every imaginable category. I represent over 700 franchise brands. And we're talking every category I mean, the real estate category alone is huge from property management. I'm setting up a mortgage franchise as we speak, but you know, let's flip it around to folks that are maybe real estate investors that are your regulars listening to your show. There are quite a few people, everybody's heard about diversification and multiple streams of income. And you can be a semi-absentee owner or even an absentee owner with a franchise. And that's where the systems and procedures come in because you have an opportunity to, you know, not necessarily be that trailblazer, that pioneer to create this model, it's already been perfected. And I know I get to understand my clientele and what it is they're looking for or not looking for.   Sam Wilson  05:36 Yeah. And I think that's a great point is that you get to step into something that's already created. I mean, the hard part in business, I don't think is necessarily correct me, if I'm wrong, going out and making the money. It is standardizing the process is standardizing I mean, all of the backend stuff that goes into actually making it work and getting the employee manuals and getting, I mean, that's the stuff that will just kill you. I mean, most of us are, you know, what, what book was it where he said that there were technicians having an entrepreneurial seizure? You know, book I'm talking about?    Lance Graulich  06:07 Yeah, I don't know. Is it E-Myth?   Sam Wilson  06:09 I mean, that sounds about right. But yeah,    Lance Graulich  06:12 No, you're 100% right, though. A lot of entrepreneurs, you know, your ego is not your amigo. And a lot of people let their ego step in the way, you know, I'm going to create my own business. Well, at the end of the day, there aren't that many great original ideas. And franchising is proof that, you know, you could reinvent the hamburger segment or the pizza segment, or do property management differently because you have the ultimate technology, and you've spent the money and the time. So at the end of the day, I point people in the right direction of successful franchises, and there's a step in selecting the right franchise for yourself. That is so powerful, we call it validation, where you have an opportunity to talk to existing franchisees. So if I'm talking to a real estate investor, you know, I'll think for a moment, right, which is my best brand, or brands for real estate investors, knowing that when they get to validation, they're going to talk to other people that maybe were real estate investors that, you know, found another opportunity to build wealth or generational wealth through this particular franchise. I mean, I know a guy that retired from the corporate world, he's a good friend of mine, he owns 20 franchise hair salon, and he's done real estate. He's done all kinds of things over the years. And he was just looking, look, I'm gonna get an SBA loan of $200,000, I'm gonna leverage my money. If I can get my money back in two and a half years, and I can grow something and make a half a million a year, I'll be happy. Well, he knows it's about a million and a half dollars a year off 20 franchise hair salons. It all started with a $200,000 SBA loan. He worked hard in the beginning. But here's the funny part. He doesn't know how to cut hair, right? And he doesn't even have hair. He's not even a client. But at the end of the day, that's what is so amazing about franchising, you don't have to know how to cook to be a McDonald's franchisee you know, it's just about following the template. People always say, and this is absolutely true. Mindset's probably 80% of being able to make money, get out of your own way. And then maybe you know, 20% is skill set, you know, are you good communicator? Can you follow a plan? Are you going to be able to adapt to a company culture where you're interacting with existing franchisees? And, you know, the best practices you learn from existing franchisees is pretty powerful, not just the actual system that's laid out before you.   Sam Wilson  08:38 Right, yeah, that's absolutely intriguing. I think that's one part of your skillset, obviously, is connecting potential franchisees with the franchisor. But then the other side of your business that I think is really interesting is the taking a non-existing franchise and helping someone figure out how to franchise that business? Can you talk to us a little bit about that?   Lance Graulich  09:00 Yeah. So what I do in the first call with folks, and I probably, I mean, last week, I probably had 10 calls just on setting an independent business up to franchise, I had a guy with the dry cleaners got 18 dry cleaners real estate investor. But as we all know, everybody listening to this call, and you certainly know yourself is when your cup runneth over, you have capital, there's only so much real estate that you can get your hands on. And if you're lucky enough to get your hands on more, that's wonderful. But everybody keeps their eyes open for well, what's the next thing? You know, there are a couple of stocks I want to buy. How's the market these days? But when it comes to franchising, I listen to what people's story is, because the story you know, the sizzle sells the stake. Well, the story becomes really important. How did this brand get started? Who is the person behind this brand? Is the owner of this brand, somebody that's likable that can be that cheerleader that can teach other people about this particular brand and being able to do the exact same thing. If the brand is based in Indianapolis, can this brand do well, in Memphis? Is there any kind of proof of concept already, to this particular brand? There are some brands like Dunkin Donuts, think about it. As successful as they have been in Massachusetts or in Boston where they were born, you know, they've struggled in their West Coast expansion over the years. Maybe it's because other coffee and donut brands are more established? Who knows? But they've had some unique problems. But at the end of the day, I listened for who are the people behind the brand that could be one person. But are you willing to assemble a team as you grow? The beauty, Sam, of franchise setup and growing through franchising? Once you sell a franchise, there's not really a mystery, you know, if it's a brick and mortar franchise, like a restaurant, it's going to take the franchisee time to find a location, it's going to take them time to do construction. So you don't have to grow and scale your team immediately unless, of course, you sold five franchises, you only expected to sell two. And you know, you add somebody to support them. But at the end of the day, do you have a unique idea? Do you have something proprietary? I always ask people, regardless of whether you're a restaurant or not, what's your secret sauce, like the mortgage franchise that we're setting up now, their secret sauce, let me tell you, they're already selling courses, teaching people how to start their own mortgage business in their respective area. They were already doing it and having a tremendous amount of success. And they immediately proved to me that they got something proprietary based on the years of experience, they already have a team of 35 in their office, and they're ready to show people across the country how to do it. So at the end of the day, what people also don't realize and business owners don't realize is yes, it's a few bucks to set up a franchise system. Franchising is regulated by the federal government federal trade commission. But once you're set-up, boy, your valuation, as you add franchisees, you could be worth 10 times your EBITDA or 10 times your cash flow. That adds up very quickly. I know quite a few people that you know, worth 20, 30, 40, 50,a lot more than that. $50 million-plus right from franchise.   Sam Wilson  12:25 Right. That's really, really intriguing, I guess, let's run the tape back a little bit because, you know, you said early on systems and processes. Tell me what do you, someone comes to you and they say, “Hey, I want a franchise.” You look at the business, you say, “Hey, man, your SOPs aren't in order. This isn't an order. That's not an order. You're not there yet.” Where do you send them?    Lance Graulich  12:46 Yeah, well, we can help them through a lot of this because basically, look, we're not technical whizzes at every single business period, however, we are franchise whizzes. There's three elements that we help people with in the setup. The first is that, Franchise Disclosure Document, which is regulated by the federal government. There's 23 items to it, it all starts with this strategic business plan to kind of uncover, once we press go, and we get a deposit, and put this thing in place. It's a four-month process. So we start uncovering every element of the business and understanding the strategy. For example, if your business is a very specialized restaurant, you probably want to fill up the region or area of the country, you're at first or in first, before you, let's say, run across the country and go to California or New York, depending on where you are. That's why a lot of Restaurant Brands grow pre with some pretty good geographic integrity. So we start to identify growth trajectory and all that. The second element is the franchise agreement, which is the contract that franchisees sign in order to be part of the franchise system. And then the third component to your point is the operations manual, you need an operations manual. So some people have that pretty well thought through or thought out, we just advise them where we help them. We let them know what they might be missing. But usually, on the technical side, they have it all together. Perhaps people have not thought of how to market maybe they're doing the marketing because they're already successful, but they haven't really put that to paper. Well, this is a four-month process. We can help anybody develop all this within the four-month period. So as far as the ops manual, there are quite a few franchise attorneys and groups. We do it all where you know, in some instances, they will send you somewhere else and say, “Yeah, you're not ready.” But there's quite a few people that I talk to are not ready, just because maybe they're too busy. Maybe they're not willing to dedicate the time to do this. But for the most part, if you can make a profit a nice enough profit that a franchisee could buy into your brand and they're part of the country and pay a royalty, the royalty is the ongoing fee which 4%, 7% It just depends on the type of business, that's how a franchise brand actually makes money is from the royalty.   Sam Wilson  15:06 Hmm. Right? Yeah, exactly. And then of course, you know that out of that royalty that they have to then provide backend support and a lot of the things that go absolutely with the reasons that someone else signed up to be a franchisee. That's really, really intriguing. When you think about real estate and commercial real estate in particular, is there anything that comes to mind you say, “Man, there are opportunities in that as it pertains to franchising?”   Lance Graulich  15:30 Yeah, I mean, there's opportunities for everything. I mean, years ago, some of the franchise attorney friends of mine, you know, we were talking medical and we're franchising has been in real estate forever. There's a lot of real estate-type franchises, you know, but medical is a big deal. I mean, I have some orthopedic surgeons started a regeneration center, became one of the hottest franchises out there. And by the way, it's perfect for real estate investors. It's a one-day-a-week business, you don't have to be a doctor to own it. You just hire a medical director, just like you people would do it with a med spa. So in the world of real estate, I mean, in the world of franchising, Sam, almost anything can be a franchise. You know, franchising is successful because it takes typically an idea that's already existed, and just perfected it. Waste Management, for example, picking up trash, dumpster rentals, it's been around for years, I probably have four amazing brands that do that. They didn't invent it, right? They put the marketing to it, they put the procedures to it. They just want investors like your listeners. And in fact, I'm working with a buddy of mine, that's an attorney, who you know, young guy in Atlanta with his business partner, they're falling in love with these dumpster businesses, hey, I got to do that. People no matter what if, they get their trash picked up. And you know, so just an example. But in the world of real estate, I have brands from property management, to have multiple very successful property management brands come to think of it. And home inspections. I have a brand called Hommati. Hommati is going to be on my podcast coming up soon. But Hommati is all about drone footage, and virtual all kinds of crazy using tech to your advantage to sell real estate. So a lot of fun stuff, virtual tours, all the photography, so anything relating to real estate can be a franchise.   Sam Wilson  17:21 Man, I love it. Lance, thanks for taking the time to jump on today and really talk about franchising, kind of the nuances of businesses and how they can prepare themselves for it. Things to look out for kind of got to hear both sides of the franchising equation there. So that was tons of fun. I learned a whole bunch from you. If our listeners want to get in touch with you or learn more about you what is the best way to do that?   Lance Graulich  17:43 Well, thank you, Sam. So on my website ION franchising.com. I-O-N, franchising dot com. I actually have a free assessment. It helps me determine and you based on your mindset skill set life experiences, what franchises could be best for you, and this contact sheet there as well. But please reach out. ION Franchising. That's also my podcast.   Sam Wilson  18:04 Thank you so much, Lance. Appreciate it. Have a good day.   Lance Graulich  18:06 My pleasure, Sam.   Sam Wilson  18:07 Hey, thanks for listening to the How to Scale Commercial Real Estate Podcast. If you can do me a favor and subscribe and leave us a review on Apple Podcasts, Spotify, Google Podcasts, whatever platform it is you use to listen, if you can do that for us, that would be a fantastic help to the show. It helps us both attract new listeners, as well as rank higher on those directories. So I appreciate you listening. Thanks so much and hope to catch you on the next episode.  

You may have tons of reasons why you haven't started your business yet, but once you get it running, there's no reason not to get a franchise lawyer!  Franchise attorneys help franchisees BEFORE they buy the business. They assist in ensuring that the franchisee understands all of their responsibilities that they are accepting as a franchisee. Much of this conversation Amanda and Lance are discussing what she will be doing with FDD(franchise disclosure doc review) prior to anyone signing the franchise agreement!   (Unless you already have one!) It's like having a family doctor or a dentist for your business... You won't always run into legal problems, but when you do, it's nice to have a dedicated specialist you can rely on to check up on your business and prescribe you with legal remedies. Doesn't this advice raise so many questions? (Like what kind of legal matters are we talking about? Does it have to be a franchise attorney? Can't any lawyer get the job done?) We're hoping it does! Because then, it'd be the perfect opportunity to introduce Amanda D. Dempsey, Esq.! Amanda is a shareholder for Saxton & Stump, practicing under the name Kent Dempsey Franchise Law. Amanda concentrates her practice on the representation of emerging and middle-market franchise brands. She assists U.S. and international franchisors with all aspects of owning and operating franchise businesses, including the drafting and negotiation of franchise agreements, preparation and registration of franchise disclosure documents, and regulatory compliance and dispute resolution. Amanda also represents franchise clients in mergers and acquisitions and other corporate transactions involving franchise businesses. Amanda also focuses on intellectual property matters including IP asset protections, portfolio management, U.S. and International trademark protection and brand development strategies. That's a lot of things you'll be interested in once you start owning your own franchise business! And even before you get started, you'd definitely be interested in knowing about franchise disclosure documents (FDD) and franchise agreements, all of which a franchise attorney can help you with! Woah, what's an FDD? Why do I need to be familiar with it before starting my business? What other benefits do I get from having a franchise attorney on my side? Tune in to our Podcast to learn more about everything you WANT and NEED on franchising, investment, financing processes and options. This is Eye On Franchising, where we share our vision for your franchise future. https://www.facebook.com/lance.graulichhttps://ionfranchising.com/

Jimmy St Louis is an accomplished business professional, athlete, and entrepreneur with a 14-year portfolio of success driving strategic planning, business development, and innovative startups. He developed Franchise123 to create a new digital marketplace for entrepreneurs to achieve their dreams of owning their own business. In this episode, Jimmy dives into the world of franchising where he shares about how he  got into this business, how the ecosystem looks like and the opportunities in it, and he also talks about how you can identify if this business is right for you. Jimmy talks about the franchising book he wrote and how this masterpiece is equipping future franchisors the right tools and the basic know-how in order to succeed with the franchising world. All these and more in this episode, so make sure to tune in until the end!  [00:01 - 13:15 ] The Opportunities in Franchising Jimmy talks about his background and how he arrived in the franchise business Why franchising is an attractive business The franchising ecosystem and its opportunities It's more than just fast foods and restaurants  Helps businesses build a stronger brand [13:16 - 30:15 ] The Comprehensive Guide to Franchising Success The reason behind writing this book  Helping future franchisees understand the system and methods in franchising Arming people with the right tools to be successful  Knowing if franchising is for you Taking note of trade offs that take place  Understanding the Franchise Disclosure Document or FTD Importance of going through the franchise exercises  [13:16 - 41:00 ] Managing Expectations in Franchising  What are the expectations and how divergent are they across franchisors Majority of the brands offer support  Industry trends to watchout for  Exit opportunities and liquidity  Resources Mentioned: Warren Buffett's shareholder letters in 1980 and 1981 https://www.amazon.com/Money-Masters-John-Train/dp/0887306381 (The Money Masters by John Train ) Key Quotes:  “In franchising, it's about being in business for yourself, but not by yourself.” - Jimmie St Louis ------------------------------------------------------------------------------------------ Connect with Jimmy: Website: http://www.franchise123.com (www.franchise123.com) Instagram: https://www.instagram.com/franchise1_2_3/?hl=en (https://www.instagram.com/franchise1_2_3/?hl=en ) Facebook: https://www.facebook.com/Franchise123TM/ (https://www.facebook.com/Franchise123TM/) Linkedin: https://www.linkedin.com/in/jimmy-st-louis/ (https://www.linkedin.com/in/jimmy-st-louis/) Connect with me: https://www.linkedin.com/in/brian-c-adams/ (LinkedIn) LIKE, SUBSCRIBE, AND LEAVE US  A REVIEW on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in and Stay Tuned for the Next Episode COMING SOON!

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

The FDD is a huge document. But it is also incredibly important. Most people jump to Item 19 to find out their earning potential, but there are many other areas you should inspect closely before considering an investment in a franchise.

A franchisor is required by law to provide a prospective franchisee with a Franchise Disclosure Document (FDD) containing informaton about 23 important items.  Learn what information is required to be disclosed by the franchisor in the FDD.  

Topic: Avoiding the Gotchas in the FDD. FDD - Cure for Insomnia or must read document  Broadcast Date: Aug 13th , 2020 Broadcast Time : 5:00p EST / 4:00p CST / 3:00p MST /2:00p PST Join host Ray Pillar, Owner of Molly Maid Aurora-Naperville, Fred McMurray, CEO of Westvyne and co-host Elizabeth Denham, CEO of The Franchise Women  as they discuss how to be successful at find a franchise financing solution, purchasing, developing,  expanding and selling your franchise. Fred  will take everyone Down the Rabbit hole question. We will discuss how to avoid the gotchas in the FDD (Franchise Disclosure Document) with our guest: Harold Kestenbaum - Franchise Attorney Listen live to new episodes on Thursdays at 4p central. Call in on Thursdays at 323-580-5755. Interested in buying a franchise? Complete the form and receive free VR gear and a copy of The Franchise MBA: Mastering the 4 Essential Steps to Owning a Franchise. https://www.pillarsoffranchising.com/buying-franchise-mba/ offer ending soon.

So you are vetting franchisors to find the best one to own? All of a sudden the franchise sends you a Franchise Disclosure Document (FDD). What in the world is this FDD and what does one do with it? Never fear, the Franchising 101 Podcast has you covered. Tune in to this episode to understand what is in the FDD, why it is important, and what it is not. 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.

The Franchise Disclosure Document is a big step in the investigation process. When Nat invested in his first franchise, he skipped it (he's more of a ready, fire, aim guy sometimes). He doesn't suggest that approach. Both HYS consultants think you should spend the time to really read the FDD when you have narrowed down your choices. On this episode, Pete and Nat discuss the FDD, what it contains, and why it is important to your investigation.

North Fulton Business Radio, Episode 176: Sue and Craig Derene, Franchise Connect Pro, and Sherry Heyl, Amplified Concepts Choosing and buying a franchise and working with marketing freelaancers were just two of the topics discussed on this edition of “North Fulton Business Radio” as Sue and Craig Derene, Franchise Connect Pro, and Sherry Heyl, Amplified […] The post Sue and Craig Derene, Franchise Connect Pro, and Sherry Heyl, Amplified Concepts appeared first on Business RadioX ®.

On Episode 18 of Franchising With Purpose, Amanda and Elle Gerhards of Fox Rothschild LLP continue their exploration of the Franchise Disclosure Document, discussing items 9-23. Check out https://www.griswoldhomecare.com/franchise/ for more, and follow Griswold Franchising on social media: LinkedIn Twitter | @Amanda_GHC | @FoxRothschild Facebook Instagram   Theme Music by Sebastian Brennan   This information is intended for general purposes only. It does not constitute legal advice. Listeners should consult with knowledgeable legal counsel to determine how applicable laws apply to specific facts and situations. This information is based on the most current information at the time it was recorded. Since it is possible that the laws or other circumstances may have changed since recording, please discuss any action you may be considering as a result of listening to this podcast with knowledgeable legal counsel.

On Episode 17 of Franchising With Purpose, Amanda continues her conversation with Fox Rothschild's Elle Gerhards and discusses items 1-8 of the Franchise Disclosure Document. Listen now:  Check out https://www.griswoldhomecare.com/franchise/ for more, and follow Griswold Franchising on social media: LinkedIn Twitter | @Amanda_GHC | @FoxRothschild Facebook Instagram   Theme Music by Sebastian Brennan   This information is intended for general purposes only. It does not constitute legal advice. Listeners should consult with knowledgeable legal counsel to determine how applicable laws apply to specific facts and situations. This information is based on the most current information at the time it was recorded. Since it is possible that the laws or other circumstances may have changed since recording, please discuss any action you may be considering as a result of listening to this podcast with knowledgeable legal counsel.

Should I buy a franchise? How do I decide on the best franchise? What’s the process of buying the right franchise? Why are true entrepreneurs not the best franchise owners? Anita Best of Find Your Franchise, Inc. answers these questions and more on this episode of “Decision Vision,” with Host Michael Blake. Anita Best, Find […] The post Decision Vision Episode 17: Should I buy a franchise? - An Interview with Anita Best appeared first on Business RadioX ®.

Retro Fitness CFO Robbie Sprechman talks about both the Fiscal and Physical Gains of Retro Fitness Ownership, This Week on Franchise Today! $2,197,482: AVG GROSS SALES PER UNIT FOR THE TOP 10% OF RETRO FITNESS CLUBS $628,203: AVGERAGE EBITDA REPORTED BY TOP 10% OF RETRO FITNESS FRANCHISE OWNERS 3,029 :MEMBERSHIP BASE AT THE AVERAGE CLUB (TOP 10% HAVE OVER 5,800) $140.18: AVERAGE REVENUE PER SQUARE FOOT FOR THE TOP 10% OF RETRO CLUBS The top 10% of Retro Fitness Clubs Avg. Gross Sales, Avg. EBITDA and Avg. Rev. Per Sq. Ft. numbers as published in Item 19 of the Retro Fitness 2018 Franchise Disclosure Document. Read Item 19 in its entirety for important defined terms, assumptions and qualifiers relating to these figures.

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  

When starting a Small Business, there's a few different ways to go. You can start from scratch on your own, work with a partner to create something new, buy an existing business or purchase a franchise. We've talked about the first 3 many times on the show, but not much about buying a franchise, or franchising your own business. Today we're going to get educated in the franchise business model by Nick D'Agnillo of Nexus Property Management. Join your hosts Dave Hamilton and Shannon Jean to learn how Nick gained experience as a Real Estate investor to start Nexus Property Management, with a plan to create a business he could franchise. You'll learn how to get startup information from your future competitors, why up-front and transparent pricing can be a competitive advantage and just how many hurdles are in front of you if you are considering franchising your Small Business. You'll also learn the steps required to turn your business into a franchise - from hiring a consultant to analyze your business, to the detailed Franchise Disclosure Document. Nick also shares what costs you will incur and how much money you need to set aside to complete the franchising process. Listen in for all this and much more, then visit us at the Small Business Support Group to join the discussion and share your own franchising experiences. Chapters/Timestamps: 00:00:00 Small Business Show #207 for Wednesday, January 23, 201900:01:19 Today's Guest: Nick D'Agnillo from Nexus Property Management on Franchising00:04:07 Get the secrets from your future competitors… Just Ask!00:05:45 Franchising Plan from Day OneThe E-Myth00:07:36 The Dreaded FDD00:09:58 The price of starting a Franchising business00:11:30 Is your business franchisable to begin with? 00:13:13 What makes a successful franchisee?00:15:29 SPONSOR: Abby Connect. Get $95 off your first bill at AbbyConnect.com/sbs or calling 833-ABBY-WOW 00:17:29 SPONSOR: ExpressVPN - Take back your Internet privacy TODAY and find out how you can get 3 months free, go to ExpressVPN.com/SBS.00:20:00 Price Transparency00:21:51 What are Rent4U and Nvest?00:26:37 Nexus's Property Investment Calculator00:30:00 Mistake: Hiring for Skills not Attitude00:33:03 “No, that would be doing a disservice to all of my clients.”00:34:32 SBS 207 OuttroNexusPropertyManagement.com888-Nexus-5-5Nick@NexusPropertyManagement.com

To ensure that franchises are giving prospective franchisees the proper amount of information needed to make an educated decision, the agency mandates that a Franchise Disclosure Document (FDD) be provided to the prospective franchisee. On today's show, Ralph finishes his discussion of the Franchise Disclosure Document. Submit your questions or ideas for future shows, tweet us at @askralphmedia or email us at askralph@askralphmedia.com. Like us on Facebook and follow us on Twitter (@askralphmedia) or visit www.askralphmedia.com for more information. To schedule a consultation with Ralph's team, contact him at 302-659-6560 or go to www.askralph.com for more information!

Franchising has been and from time to time can be, a shady business. In the past, due to a lack of protections and regulations regarding franchising, distrustful individuals have made use of franchising to run scams. As a result, the FTC requires the development and relay to all prospective franchise contributors of a Franchise Disclosure Document or FDD that provides buyers with validated information to assist in the decision to franchise. On today's show, Ralph discusses the ins and outs of the FDD and what prospective franchisers need to know! Submit your questions or ideas for future shows, tweet us at @askralphmedia or email us at askralph@askralphmedia.com. Like us on Facebook and follow us on Twitter (@askralphmedia) or visit www.askralphmedia.com for more information. To schedule a consultation with Ralph's team, contact him at 302-659-6560 or go to www.askralph.com for more information!

One of the most important tasks for an individual before investing in a franchise is to review the brand's Franchise Disclosure Document, also known as the FDD. But what is it? How can it be navigated without a legal background? Many ask, Will I actually understand what I'm reading? 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 LIVE every Saturday 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.

One of the most important tasks for an individual before investing in a franchise is to review the brand's Franchise Disclosure Document, also known as the FDD. But what is it? How can it be navigated without a legal background? Many ask, Will I actually understand what I'm reading? 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 LIVE every Saturday 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.

Dan Durney is the owner of FranMaster, an outsourced franchise development and coaching company for emerging franchisors. Best known for his involvement in the launch of franchise behemoth Massage Envy, Dan‘s brings unique insights into the world of franchising based on his 14+ years of experience. This week, Dan and Erin take a deep dive into the four main steps in the process of buying or investing in a franchise:  Qualification  Disclosure  Validation  Discovery What We Cover * Introducing Dan Durney, owner of FranMaster * Defining emerging franchises * “Awarding” a franchise vs. “selling” a franchise * How the franchise sales process begins * Questions asked during qualification * Defining the Franchise Disclosure Document and how you should approach and assess it * Explaining the validation process * What to expect at Discovery Day * Franchise Development Consultants and others involved in the sales process * Erin’s three questions Resources We Mention * FranMaster * Massage Envy * Ben’s Barketplace * Kicks Mobile * OrthoNOW * Hapa Yoga & Fitness * Smart Drinks & Nutrition * Zoracle Profiles Get Inspired by Dan  * “At the end of the day, the process is always the same. What is the person trying to achieve? Is this a match at a high level for what the franchisor is trying to accomplish and who they’re looking for? Is this person a match for that particular brand?” * “The Best business advice I’ve ever heard is to listen more than you speak.” What Do You Think? We’d love to hear from you! Share your thoughts on Facebook or Twitter, or leave a review on iTunes. Your honest reviews help others discover the series and start their franchise journeys. Let’s Stay Connected * Franchise Rising Website * Franchise Rising Facebook * Franchise Rising Instagram * Franchise Rising Twitter * Franchise Rising YouTube   Subscribe to the show to hear more episodes like this!

United Franchise Group started over three decades ago and currently offers eight franchise brands and supports more than 1,500 franchisees in nearly 80 countries. While some franchisors have trouble selling one, or a dozen franchises annually, UFG awarded a franchise for every day in 2016! The franchisor sold more than 400 franchises in 2016 and intends to double that number in 2017! I think you get the point . . . this company knows franchising! And now, UFG helps small businesses franchise their concepts. Jason Anderson, president of UFG-owned Accurate Franchising, fluently explains the process of becoming a franchisor. While many think hiring a lawyer to draft a Franchise Disclosure Document is all it takes, Anderson explains the FDD is just the beginning. New franchisors “underestimate the sales nature of the franchise sales process,” he explains. Not only that, but after a new franchisor sells a unit or several units, another often unforeseen issue is supporting franchisees. Sooner or later, every franchisor has to make this distinction: Am I in the widget business or am I a franchisor that supports franchisees who sell widgets? When a small business evolves into a franchisor, the entire scope of work – and obligations -- changes. No longer does the small business operator just sell a product or provide a service; instead, the franchisor sells franchises and supports franchisees. Accurate Franchising is not in a league of its own; there are multiple businesses that promise to turn businesses into franchisors. But as part of the UFG conglomerate, UFG is unique because none of its competitors is owned by a franchisor . . . and not just any franchisor, but one that knows how to sell and support a network of 1,500-plus franchises! Why would one go anywhere else for this service? If you have a small business and you’re thinking of franchising, contact Jason Anderson: janderson@ufgcorp.com

David Deutsch, OwnerPresents of Mine FranchisingGuest BIO:David is a 30 year veteran in the franchise industry. He got his start in franchising as Founder and CEO of ExecuTrain from 1984 through 1997. ExecuTrain grew to sales of $175M at 225 sites in 26 countries with 3K employees training 1.2M students a year. Inc. magazine listed ExecuTrain among the Fastest Growing Private Companies three times. David was also named Ernst & Youngs Entrepreneur of The Year in 1995. After ExecuTrain, David consulted with over half a dozen companies and helped them launch and grow their franchise companies. In September 2013, David and his wife Kim moved up to Blue Ridge, GA and started a new business, Presents of Mine. Presents of Mine is a store front and online store that specializes in personalized and monogrammed gifts. They sell products that are typically personalized in the same day. After 2 years of success, they decided to put their franchise skills to use and decided to franchise Presents of Mine.Topics/Questions:1-Franchise Experience2-Why did you decide to move to Blue Ridge and open up a retail store3-Were your initial plans to franchise Presents of Mine from the beginning4-With all of your years of franchise experience, why do you think franchising was the right strategy for POM5-Where do you see the best locations for POM to expand toWeb Site and Social Media:www.presentsofmine.comhttp://www.presentsofminefranchise.comhttps://www.facebook.com/presentsofmine/https://www.linkedin.com/company/10166698?trk=tyah&trkInfo=clickedVertical%3Acompany%2CclickedEntityId%3A10166698%2Cidx%3A2-1-2%2CtarId%3A1461610478976%2Ctas%3Apresents%20of%20Sharon Estroff, Founder/CEOChallenge Island GlobalGuest BIO:Sharon is founder and CEO of Challenge Island™ an international educational franchise on the forefront of S.T.E.A.M (Science, Technology, Engineering, Art and Math) Education and 21st Century Learning. . She is an award-winning elementary school teacher with two decades of experience in Atlanta public and private schools. Sharon started Challenge Island in her second grade classroom and began running it as an enrichment business using the current model in 2003. She has began franchising the program in 2013 and now has nearly 50 franchises across the United States and internationally.Sharon is a nationally recognized parenting and education expert and a freelance writer for numerous national publications including Scholastic Parent and Child, Parents, Womans Day and Good Housekeeping magazines. She is the author of the popular parenting book, Can I Have a Cell Phone for Hanukkah? (Random House) and co-author of the upcoming Challenge Island book series that turns the Challenge Island curriculum into an exciting and educational story. She is sought-after speaker who has presented to scores of communities nationwide about the trials and tribulations of raising kids in the digital age.Sharon received her undergraduate and graduate degrees from Emory University where she graduated Phi Beta Kappa and Summa Cum Laude. She continues to run her local Challenge Island business in Atlanta where she beta tests every lesson and provides her franchisees with hands-on training in the trenches.Topics/Questions:What is the mission of Challenge Island?What makes Challenge Island so unique in the children's franchise market?What does a Challenge Island class look and feel like?What is the Challenge Island business model and what are the profit centers?Web Site and Social Media:www.challenge-island.comhttps://www.facebook.com/CITribalHeadquarters/https://www.facebook.com/CIMarietta/Michael Rosenthal, Attorney at LawWagner, Johnston & Rosenthal, P.C.Guest BIO:Practicing attorney for 35+ years, with practice focus on franchise and distribution law. 1980 graduate of Univ. of Fla. College of law. Assistant Attorney General, State of Georgia, 1980-4. Special Projects Coordinator, Ga. Governors Office of Consumer Affairs, 1984-5. Private practice of law since 1984. Active member of ABA Forum on Franchising and Georgia Bar's Section on Franchise and Distribution Law. Represents franchisors, franchisees, product distributors and licensors in all their legal needs. His practice is national in scope, representing clients all over the U.S., along with inbound franchise sellers wishing to do business in the U.S. and outbound franchise sellers wishing to do business overseas. His firm, Wagner, Johnston & Rosenthal, P.C., is celebrating its 35th year in business, and focuses on the representation of private held businesses.Topics/Questions:1. I am interested in buying a franchise and the franchisor just gave a Franchise Disclosure Document. From a legal standpoint, what should I be looking for or at?2. I have an attorney I've been happy with and used for other business or personal matters. Why should I use a franchise law attorney when considering buying a franchise?3. Can you please explain to me the process that I go through with you if I want to franchise my business?Web Site and Social Media:www.wjrlaw.comwww.linkedin/in/michael-rosenthalThe Franchise Business Radio show is a platform to bring together franchise professionals and resources to connect, educate, and collaborate to serve the franchise community and the franchise consumer. Spotlighting Leaders in the Franchise IndustryExperts in funding, legal, marketing and consulting.Franchise Business Radio hosted by:Pam Currie, Founderwww.FranchiseIntellect.comTo view guest photos from this show, visit:www.ProBusinessPictures.comTo nominate or submit a guest request visit:www.FranchiseBusinessRadio.com

Chuck Morrison, President and CMOStaymobileMobile tech repair and services franchiseGuest BIO:As Staymobile™ president and CMO, Chuck leads the company's marketing and operations. Prior to his role at Staymobile, Morrison served as founder, president and CEO of MoRisen Records & Hot But Sour Music Publishing, an independent record label and music publishing company. He also has an extensive background in brand development, product development and marketing, overseeing the sales cycle of products from ideation to retail at HiREV, LLC., a company he co-founded in 1997.With more than 20 years of branding, marketing, public relations, consumer promotions, retail and online expertise, Chuck has provided marketing consulting services and has worked to ignite, launch, and build brands for clients in a broad range of industries.Chuck is a graduate of the University of South Carolina, has two children and has coached youth basketball and baseball for 20 years.Topics/Questions:· Can you tell us a little bit about Staymobile?· What is Staymobiles franchise growth strategy?· Since Staymobiles inception 7 years ago, how has the franchise landscape changed?· Is now the right time to buy a franchise? If so, how does the economic market affect the industry?· Why is Staymobile an attractive franchise investment opportunity?Web Site and Social Media:www.StayMobile.comFacebook: www.Staymobile.com/StaymobileusaTwitter:@StaymobileUSAInstagram: @StaymobileBrian AnninoAnnino Law Firm, LLCTopics/Questions:Tips for reviewing a Franchise Disclosure Document.Need for due diligenceCan you negotiate terms of a franchise agreement?Web Site and Social Media:www.AnninoLawFirm.comTwitter: @atllawBarry J Falcon, CFE Senior ConsultantThe iFranchise GroupGuest BIO:With a professional business career that spans more than 40 years across a range of industries and functions, including communications technology, operational and manufacturing consulting, marketing, project management, and business development, Mr. Falcon has over 10 years of direct experience in franchising, both as a franchisee and as an executive within multiple national franchisor systems.Prior to joining the iFranchise Group as a senior consultant, Mr. Falcon served as CEO/Partner, and remains as a Board Member, at All American Decorative Concrete, where he implemented organizational and procedural improvements and initiated and led the sale of the company to a franchise private equity group.Before his tenure at All American Decorative Concrete, Mr. Falcon was President/Co-Founder and Partner, and remains a Board Member, at ShelfGenie Franchise Systems, where he helped to establish the franchise program and was instrumental in growing the concept from zero to 145 locations in five years. ShelfGenie was recognized by both Inc. and Entrepreneur magazines on their lists of top-performing franchise systems.Mr. Falcon was also a franchise owner with Velocity Sports Performance, where he was responsible for overall project management, hiring and training staff, implementing marketing efforts, and more. In the first year of operations, he grew revenues to $800,000.Mr. Falcon is an active marathon runner and cyclist and is involved in a number of professional and community organizations, including local chambers of commerce and the Juvenile Diabetes Research Foundation. He received a Professional Designation in Business Management from UCLA, and has also received Certified Franchise Executive (CFE) designation from the International Franchise Association.Topics/Questions:Concept to FranchiseWhat steps does it takeChances of successTeam workWeb Site and Social Media:www.ifranchisegroup.comDean Trevelino, PrincipalTrevelino/KellerPublic Relations Firm with Franchise PracticeGuest BIO:Deans 25 years of agency experience, from global firms to his own agency, has offered him the opportunity to work with significant franchise brands at important times, including the launch of Starbucks in the Southeast, Chickfila, Moe's Southwest Grill, TCBY, Johnny Rockets, Corner Bakery Cafe and more. Leading national strategies like Sara Lees Olympic presence or consulting on the BP Gulf Oil Crisis to work with global celebrities and sports personalities, Dean has had a rich agency life. With a start in technology, followed by a long consumer brands run, his career over the last decade has included a significant focus around new media and devices, national launches and local market engagement. His vision for the future of communications resides around reputation marketing, the intersection of reputation management and digital marketing.Topics/Questions You Would Like to Discuss:- What does a franchise need a PR agency for- What type of work does Trevelino/Keller do- What is unique about doing PR for a franchise versus other clientsWeb Site and Social Media:www.TrevelinoKeller.com@dtrevelino@trevelinokellerThe Franchise Business Radio show is a platform to bring together franchise professionals and resources to connect, educate, and collaborate to serve the franchise community and the franchise consumer. Spotlighting Leaders in the Franchise IndustryExperts in funding, legal, marketing and consulting.Franchise Business Radio hosted by:Pam Currie, Founderwww.FranchiseIntellect.comTo view guest photos from this show, visit:www.ProBusinessPictures.comTo nominate or submit a guest request visit:www.FranchiseBusinessRadio.com

John covers some of the basic legal aspects of franchising, including issues of control, trademark and tax concerns, fees and agreements between franchisors and franchisees, state regulation and oversight and the all-important Franchise Disclosure Document.

The FDD is a huge legal document that some people only glance at and never truly understand. Others dismiss it as not being all that important. This misunderstood and sometimes overlooked document is crucial in understanding just what circumstances you are entering into when buying a franchise. Listen in to learn 6 key things to look for in your FDD and why they are so important. Episode Resources Entrepreneuronfire.com 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!