Are you looking for Capital or Deal Flow in the franchising space??

This session will consist of a panel discussion covering how to position your franchise company for Private Equity investment and what PE firms look for in a Franchise company acquisition or strategic partnership.

Are you looking for Capital to build your Franchise Company???
– OR –
Is your Investment Firm looking for deal flow in the franchising space??

By Gary Occhiogrosso
Founder of Franchise Growth Solutions, LLC.

On Friday, June 1st, I will be moderating a panel at the IFE in NYC. It will be comprised of Franchisors and Private Equity associates. Please see below for details and please let me know if you’d like to attend the meeting. If so, contact me here or at [email protected] & I’ll send you a FREE PASS to the Expo.

10:00 AM – 11:30 AM
+/- Private Equity Investing and Franchising
Room: 1B05
Moderated by: Gary Occhiogrosso, Managing Partner, Franchise Growth Solutions
Panelists: Roger Lipton, President, Lipton Financial Services; Grant Marcks, Vice President, Head of Business Development, Atlantic Street Capital; Kirk McLaren, MBA, CTP, CPA, Georgetown University
This session will consist of a panel discussion covering how to position your franchise company for Private Equity investment and what PE firms look for in a Franchise company acquisition or strategic partnership. In addition, there will be plenty of “networking” time for both Franchisors and Private Equity attendees to meet & network. This is a great opportunity for Investors and Franchisors to meet face to face and discuss current and future opportunities.
Sponsored by Franchise Growth Solutions, LLC. www.frangrow.com

FREE PASS To the International Franchise Expo in NYC
USE PROMO CODE FGS at: https://r1.events-registration.com/IFE2018/?source=FGS
YOU ARE INVITED BY
Franchise Growth Solutions
Booth #340
USE PROMO CODE FGS

This session will consist of a panel discussion covering how to position your franchise company for Private Equity investment and what PE firms look for in a Franchise company acquisition or strategic partnership. In addition, there will be plenty of “networking” time for both Franchisors and Private Equity attendees to meet & network. This is a great opportunity for Investors and Franchisors to meet face to face and discuss current and future opportunities.

#fastfood, #franchisor
#networking #businessdevelopment #financialservices, #franchiseconsulting #strategicpartnerships #ife #capitalization #dealflow #investments #acquisitions #privateequity #howto #franchising #pe #positioning #officers #universities, #moneyraise, #Franchisesales,#expansion, #capital, #NYC, #Sharktank,

Planet Wings Enterprises, engages Franchise Growth Solutions, LLC. – Leading Franchise Strategist Gary Occhiogrosso

“I’ve always been drawn to companies that have the ability to reinvent themselves and remain relevant to the changing desires of today’s consumers. I feel that Planet Wings and its recent re-branding by founders…

Planet Wings Enterprises, engages Franchise Growth Solutions, LLC. – Leading Franchise Strategist Gary Occhiogrosso
For Immediate Release March 6th 2017 Contact Brittany Ambrosino (845) 344-8000 ext 25 [email protected]

The Middletown, NY based parent company of Planet Wings is pleased to name Franchise Growth Solutions, LLC. as its outsourced franchise development arm.
Gary Occhiogrosso Founder & Managing Partner of Franchise Growth Solutions said “I’ve always been drawn to companies that have the ability to reinvent themselves and remain relevant to the changing desires of today’s consumers. I feel that Planet Wings and its recent re-branding by founders Franco & Paula Fidanza is exactly the opportunity that we like to have in our Exclusive Membership Client Portfolio” said Occhiogrosso. “As a former franchisee and franchisor, I’ve had the unique experience to see the industry from all angles and I understand that a franchise is a true partnership between both parties. I am excited to offer that experience to a team that’s already committed to growth and has the experience and desire to achieve that goal.”
Occhiogrosso’s involvement in franchising began in 1984 when he left a decade-long career in radio to become a Dunkin’ Donuts franchisee. In addition to operating a successful store, Occhiogrosso created a wholesale baked goods division within his company which supplied donuts and other fresh-baked goods to over 80 point of sale accounts while concurrently serving on Dunkin’ Donuts’ franchisee advisory council and advertising committee. Occhiogrosso continued his involvement in franchising in 1989 by opening a gourmet confection and gift basket shop and working with the franchisor to develop additional units. He followed up its success in 1991 with GPM Consulting Inc., a New York-based franchise and brand development firm which successfully developed several national franchise brands including Ranch*1 – a chicken concept he helped grow into a 50-restaurant chain with commitments for an additional 200 units. In 2000 Occhiogrosso moved on to become president of Desert Moon Fresh Mexican Grille and then in 2009 as president of TRUFOODS, LLC a multi-brand franchisor. He exited that role in 2016 to launch Franchise Growth Solutions, LLC. a membership only Strategic Planning and Franchise Sales & Development firm. Occhiogrosso is also an Adjunct Instructor at New York University on the topic of Restaurant Concept Development, Entrepreneurship & Franchising, as well as the host of “The Small Business & Franchise Show” broadcast over New York City radio station; AM970.
Occhiogrosso isn’t the only enthusiastic party regarding this engagement: “One look at Gary’s resume and the work Franchise Growth Solutions has done proves Franchise Growth Solutions is perfect for this job,” said Franco Fidanza. “As we continue to grow through franchising and new corporate units, I’m sure that Gary’s industry knowledge and expertise will lend themselves to Planet Wings continued success.”
For more information please contact Brittany Ambrosino (845) 344-8000 ext 25 [email protected]

Small Business Lending Partnerships Pros and Cons Between Banks and Fintech Firms is a Key Focus at Bank/Alternative Lending Summit in NYC

A diverse panel of senior industry execs from the American Banker’s Association, Cross River Bank, The Private Bank, along with fintech companies such as Fundation, Kabbage, LendKey, OnDeck, Orchard Platform
The Bank/Alternative Lender Strategic Partnership Summit to take a hard look at the process of small business lending partnerships from both the bank and fintech perspectives.


CHARLOTTE, NC, March 03, 2017
/24-7PressRelease/ — Bank/Alternative Lender Strategic Partnership Summit (May 10-11 at the Princeton Club in NYC) will be narrowing the event focus to cover in-depth small business lending partnerships between banks and fintech firms for their 2017 program.

The growing online lending industry has been re-paving the way for banks to step back into small business loans in a big way. Some banks have already taken that leap, not by themselves but by partnering with fintech companies. Major players like JP Morgan, and Citi have already formed alliances to help with not only extending small business loan offerings online but in some cases to help speed up the loan approval process dramatically.

Bringing together a well thought out line-up of industry experts, the Bank/Alternative Lender Strategic Partnership Summit plans to examine the process of partnership from both sides. Banks and alternative finance companies will hear key experts unpack what opportunities exist and where caution should be exercised.

Kabbage–a data and technology real-time lending platform as well as a player in the small business lending space will be one of the companies featured at the summit. Kevin Phillips, Kabbage’s head of corporate development and conference chair, believes that this year will see an uptick in bank/alternative lender partnerships. Phillips recently stated, “As a result of the work of and good execution by early adopters, 2017 looks to be the year where fintech-bank partnerships move into the mainstream.”

In one-and-a-half-days, a diverse panel of senior industry executives from the American Banker’s Association, Cross River Bank, The Private Bank, along with fintech companies such as Fundation, Kabbage, LendKey, OnDeck, Orchard Platform and SmartBiz will be among key experts holding candid discussions on the opportunities, challenges, and the future of the small business lending industry in an interactive setting.

A hard look will be given to topics such as key factors for identifying an ideal partner; how to know when to walk away from a potential partnership; the ways banks and fintech companies are teaming up to improve underwriting and risk management; and, the essential steps for conducting due diligence.

More information about the summit can be found at https://goo.gl/c6Kx7b

About Financial Research Associates

Financial Research Associates (FRA) provides the financial community with access to business information and networking opportunities. Offering highly targeted conferences and events, FRA is a preferred resource for executives and managers seeking cutting-edge information on the next wave of business opportunities. For more information on upcoming conferences and events, visit our website at www.frallc.com.

ALERT: 10 legal issues for restaurant operators to watch


photo credit:Mario Tama/Getty Images

From minimum wage legislation to predictive scheduling, here’s what to expect on the legal front in 2017

10 legal issues for restaurant operators to watch
Article link courtesy of Nation’s Restaurant News.
Written by Jordan Berstein

Jordan Bernstein is a partner at the law firm of Michelman & Robinson LLP in Los Angeles, focusing on the restaurant industry. Taylor Burras is an associate with the law firm. This article does not necessarily reflect the opinions of the editors or management of Nation’s Restaurant News.
______________________________________

With the election of Donald Trump as president, labor-related stress that restaurant operators have experienced in recent months may soon relax. However, new federal, state and municipal regulations will impact operators in 2017. Regardless of federal policy, restaurants will face uncertainty when it comes to employment and regulations.

Here are 10 legal developments that should be front and center for operators this year:

Read the entire article here:
http://www.nrn.com/workforce/10-legal-issues-restaurant-operators-watch?NL=NRN-02_&Issue=NRN-02__20170202_NRN-02__542&sfvc4enews=42&cl=article_1_3&utm_rid=CPG06000002460545&utm_campaign=14453&utm_medium=email&elq2=6c67573ba8544aec81dcf8424caebec2

SELL MORE FRANCHISES. Franchise Growth Solutions, LLC. announces innovative Franchise Sales & Development Program.

“Every aspect of your business should be designed to recruit the highest quality franchisees and deliver the type of systems & support that will guide your franchisee’s development and profitability.”

SELL MORE FRANCHISES. Franchise Growth Solutions, LLC. announces innovative Franchise Sales & Development Program.

By Gary Occhiogrosso

FRANCHISE GROWTH SOLUTIONS is committed to all aspects of growing your franchise brand. The team of Franchise Industry Experts cover the needs of start-up, emerging and mature franchise brands. FRANCHISE GROWTH SOLUTIONS, LLC is a membership based Strategic Planning and Franchise Sales Organization. Admission into our client portfolio is by RECOMMENDATION ONLY.

Gary Occhiogrosso, Managing Partner of the company said ” FRANCHISE GROWTH SOLUTIONS was specifically created to guide and assist start up, emerging & mature franchise companies achieve their franchise sales goals.” “Most franchise consulting companies focus on paperwork, not sales. That’s ok but the true measure of a franchisors success is awarding and opening profitable franchise units.” “Every aspect of your business should be designed to recruit the highest quality franchisees and deliver the type of systems & support that will guide your franchisee’s development and profitability.”

Whether you’re looking to launch your Franchise System by developing your UFDD, create the Brand Position, write Operations Manuals, secure Funding for your Brand (or your Franchisees) or work directly with a Franchise Sales Professional that can help you SELL MORE FRANCHISES, our membership program is your alternative to adding expensive personnel to your payroll.

Throughout the entire process we train, motivate & monitor your in-house team on the do’s and don’ts of franchising and sales. Our Coach, Mentor & Grow Program® puts your staff into the “Franchise Model & Best Practices” mindset…

Our service is offered only to those recommended, qualified Franchisors & Entrepreneurs truly committed to fulfilling their vision and growing their brand. Our “COACH, MENTOR & GROW”® program can help put your system on the fast track growth curve. Contact us for a FREE EVALUATION and to learn more about how your Brand may qualify.

Email us at: [email protected] or https://www.facebook.com/franchisegrowthsolutions/#

Business Success Secrets You Must Know

Get advice from solicitors and learn about customer service from experts. Being prudent in this area will help eliminate any start-up mistakes and set you ahead of your competition.

Small Business Success Secrets
By Dan Cavalli

Small business success is easy but certainly not simple. Turn your passion into small business profits. Many business owners experience Small Business Success. Even though the world is experiencing economic difficulty, business growth is rampant. If you need help to achieve business success you have come to the right place.

What is it that an individual can do to achieve lasting success in their small business? Here are a few ideas to improve your chances of gaining small business success using time tested secrets I personally use in my own business.

1. Research. You can either market the product you have now in the hope of it being acceptable to the market place or you can research the market for the best product to sell. At any rate market research has to happen first and once done, marketing is a continual through the life of your business.

2. Cash Flow. Lack of cash flow is a major reason for business failure. It’s OK to gain sales and make money but if you don’t or can’t collect it you are destined to go broke. The rule to keep in mind is to make sure you invoice as soon as possible and you pay as late as possible. This is a simple plan that works. So sit down, and take the time to create a cash flow plan now.

3. Technology. Technology will save you thousands of dollars and halve your work time. Buy as much as you can afford. Remember, the hours spent in your business are worth money and plenty of it so be smart and embrace technology. Technology can automate every part of your business including communicating with customers.

4. Passion. There is nothing worse than going to work and becoming a clock watcher because you are unhappy. Find something you are passionate about and do that. The day won’t be long enough then to do all you want to accomplish. Why? Your passion creates enthusiasm and that will carry you through any tough spells. It’ll motivate you when your business hits bad times.

5. Marketing. The prime function for you as a business person is not to sell product but to become a marketing Guru. Marketing is one of the areas where many business owners fall down and that has a bearing on whether or not a business will be successful. You love your business and you want it to be successful. Do research and find out how are you will convince prospects to buy what you have?

6. Advice. You may think you are pretty smart. You may have specific knowledge about your specialty which is great, but you will come unstuck if you haven’t run a successful business before. You must still seek advice from experts when building your business. The reason is business is not about what you know in your field. It’s controlled by legislation, consumer rights and marketing. Get advice from solicitors and learn about customer service from experts. Being prudent in this area will help eliminate any start-up mistakes and set you ahead of your competition.

7. Delegation. When you own a small business you have to wear many hats. You are the CEO, GM, admin manager, customer service manager, research and development person, sales and marketing manager and everything else. It’s not practical to manage your business this way and hope to grow at the same time. Delegating responsibilities and tasks is an important component of running an efficient and successful business. As the business owner your time should be spent growing the business, working on the business, not in it.

8. Internet. I am not talking about using the Internet to sell your product or service [even though it is often used for this] but rather use it for research, communication Free Reprint Articles, making payments to save time. Use the internet to gain more for your business to save time and money for business building tools and the latest resources.

Your partner in business success

Dan

Source: Free Articles from ArticlesFactory.com

ABOUT THE AUTHOR

Helping people and business to be the best they can be now! If you liked this information and want more get the ‘Six steps to more business quickly’:http://www.leadbuildingsystems.com . Thinking about Starting a business and want to know how: http://www.startingabusinessnow.com/ Want to Grow a Small Retail Business fast: http://www.howtogrowasmallbusiness.com/

6 lies you tell yourself that are keeping you from success

History is littered with late-life success stories. Julia Child’s first book published in 1961 when she was around 48 years old. McDonald’s Systems, Inc. founder Ray Kroc became successful at 52. And Colonel Sanders started franchising KFC at 62, reports Business Insider.

6 lies you tell yourself that are keeping you from success
Alaina Tweddale, GOBankingRates
From Business Insider

“The No. 1 thing that keeps people from really having what they want financially … is this unending process that most Americans go through of sabotaging their own financial success,” said business strategist and best-selling author Tony Robbins in a video.

As it turns out, many people carry around a set of self-limiting beliefs, which are often lies they tell themselves.

To become successful, you need to identify those lies and then “get rid of some these old beliefs,” as Robbins said.

What do the financial professionals have to say about this? They agree. These experts shared the most common self-limiting lies they often hear, as well as their advice to overcome each. Find out what they said.

For example, do you want to land your dream job? First, identify the companies where you’d want to work. Next, start talking to people you know who might have inside information about any key job openings.

“It could take a while, and there will certainly be obstacles, but by overcoming them and not quitting, your success will seem second nature,” added Scott. “And only you will know that it didn’t happen overnight.”

1. “I don’t know where to start”
“When you think you have to start at the beginning, you assume you know where the beginning is. But that’s not the way your brain works,” said Charles C. Scott, financial advisor and president of Pelleton Capital Management. “It’s not linear.”

Instead, start anywhere. Pick up any book on investing or finance that piques your interest, and read any chapter within the book. Then, read another, Scott suggested. It’s the getting started that’s often the challenge for most people. After that, inertia takes over.

“When you have hope, optimism and a positive outlook, you can achieve anything,” said Joseph Carbone Jr., a wealth advisor at Focus Planning Group.

2. “I’ll start tomorrow”
Remember the old adage, “Today is the first day of the rest of your life?” It might sound a little corny, but it’s true. Today is now, where tomorrow is, well, always tomorrow. It’s a sad fact that makes it easier to continually push financial success off for one more day.

“It takes just as much energy to start as it takes to make up an excuse,” said certified financial planner Benjamin Brandt. If you want to reach your goal, be it becoming financially independent or getting out of debt, Brandt suggested working from a to-do list.

“Write down at least three items you will accomplish today, no matter what,” he said. The key to success, of course, is doing this today — not tomorrow.

3. “I’m not ready to be that successful”
Believing change is possible is often what makes change possible. Of course, the opposite is also true. Believe you’re not ready to be that successful and, sadly, you’ll never be ready.

“Don’t let self-talk trap you. Remember: If you say it, it’s true,” said Scott. Instead, he suggested taking just one step toward your ultimate goal. Then, take the next.

Read the entire the article here: http://www.businessinsider.com/6-lies-you-tell-yourself-that-are-keeping-you-from-success-2016-9/#-1

Emerging Franchise Brands battle with this question everyday.

Emerging franchisors are faced with a number of “start-up” challenges that include limited capital and limited management resources to focus on franchise sales development.

Are Franchise Brokers Good or Bad for Franchising and Emerging Franchisors?

By Charles Internicola
Partner at The Internicola Law Firm, PC and President of Thoughts Are Things Franchising, LLC

When you speak to the founder of an emerging franchise system, much more often than not, you will find a genuine entrepreneur intent on creating a successful franchise system and a win-win relationship with his or her future franchisees. During the start-up and growth phase of a franchise system, these franchisor founders are faced with a number of challenges to overcome, with the greatest and most important challenge being the attraction of qualified franchisee partners who will be a good fit.

So how do franchise brokers fit in, and are they good for franchising and emerging franchisors?

They are – franchise brokers are good for franchising and critical for the emerging franchisor.

Here’s why…

Emerging franchisors are faced with a number of “start-up” challenges that include limited capital and limited management resources to focus on franchise sales development.
How Franchise Brokers Help Solve this Challenge: Turns out that, on the whole (of course there are always exceptions in every profession) franchise brokers are professional, well versed in franchising and have every incentive to place a qualified franchisee with the right franchise system. So, franchise brokers can serve as valuable outsourced professional resources to supplement the franchise sales and qualification efforts that are typically lacking in an emerging franchise system.

Emerging franchisors are faced with the challenge of finding the right franchisee partners.
How Franchise Brokers Help Solve this Challenge: The success of an emerging franchise system depends on the quality of its initial group of franchisee partners. Sign on the wrong franchisee and you are left with validation issues and problems. More often than not, franchise brokers produce higher quality franchisee prospects. These franchisees are typically better qualified than franchisee prospects generated organically or directly by the emerging franchisor.

Emerging franchisors require momentum.
How Franchise Brokers Help Solve this Challenge: Quoting Robert Ringers excellent book “Action!: Nothing Happens Until Something Moves”, for emerging franchisors nothing happens until a franchise is sold. So when it comes to growing a franchise system emerging franchisors need to adopt an all of the above strategy focused on SEO, organic lead generation, public relations, social media and broker generated leads. Franchise broker activity and effort is a critical piece to the franchise sales process and “moving things” to create momentum.

In my experience, it turns out that much more often than not, franchise brokers themselves are self-employed entrepreneurs are professionals, take pride in what they do and are genuine in matching prospective franchisees with the right system and so that can only be good for the franchise industry.

http://www.franchiselawsolutions.com/blog/are-franchise-brokers-good-for-franchising-and-emerging-franchisors/

Are you working on a plan to franchise your business?

Are you working on a plan to franchise your business?

by Harold Kestenbaum
President at HLK P.C. Law Firm | Franchise Lawyer

If you’re working on a plan to franchise your business, you’re no doubt excited. You’re enthusiastic to share your knowledge, your experience and your systems, and you can’t wait to help your franchisee prospects start on the road toward their own achievements.

Naturally, your first thought is to open up the books and show just how much money franchisees can make. Many franchise experts would tell you to pull your balance sheet back and consider just how much information you want to put out there. As a franchise lawyer in N.Y., I would like to offer some insight on revealing your financials.

Benefits and drawbacks
On one hand, revealing your revenues can be a great way to entice and encourage prospects to consider your franchise concept. When you put the numbers down in black and white, however, you run the risk of interested parties falling in love with the numbers, instead of falling in love with your concept.

What the rules say
Keep in mind that the Federal Trade Commission has strict regulations regarding financial disclosures in the Franchise Disclosure Document, and actually recommends businesses stay on the safe side, and avoid disclosing financial information. Reach out to my franchise lawyer office in Melville, N.Y., to discuss Franchise Disclosure Documents.

Put the numbers in context
Revenue only tells one part of the story, so it is important to consider the impact it will have on a potential franchisees’ decision making. If you do decide to share revenue numbers, you may also consider including gross sales and making sure to call attention to the required investments and fees.

New to Franchising? Read our Franchise Legal Services for New Franchisors.

If you’re looking for a franchise lawyer, please visit my website or call me at (516) 745-0099.

NYU addresses the growing restaurant sector and ensures that aspiring restaurateurs possess the business fundamentals needed to succeed.

“We wanted to develop a curriculum that would serve the educational and training needs of both industry veterans and those seeking to launch their careers or new business ventures,” said Dr. Kristin Lamoureux, clinical associate professor and associate dean, NYU School of Professional Studies Jonathan M. Tisch Center for Hospitality and Tourism.

NYU addresses the growing restaurant sector and ensures that aspiring restaurateurs possess the business fundamentals needed to succeed.

August 3, 2016 – New York City
PRESS RELEASE BY:
Aaron Ross
Assistant Director – NYU School of Professional Studies

Jonathan M. Tisch Center for Hospitality and Tourism
7 East 12th Street | 721E | New York, NY 10003 P (212) 998-7226

Despite the thousands of restaurants that go out of business each year, thousands more take their place as their owners pursue dreams of succeeding where so many others have failed. Despite the relative ease of launching a new venture, creating a restaurant that is successful in the long-term requires a balance between creating a memorable culinary and service experience and minimizing operational expenditures to ensure profitability.

To help address the needs of this growing sector and ensure that aspiring restaurateurs possess the business fundamentals needed to succeed, the NYU School of Professional Studies Jonathan M. Tisch Center for Hospitality and Tourism (sps.nyu.edu/tisch) is launching a new Professional Diploma in Restaurant Entrepreneurship for the fall 2016 semester.

“We wanted to develop a curriculum that would serve the educational and training needs of both industry veterans and those seeking to launch their careers or new business ventures,” said Dr. Kristin Lamoureux, clinical associate professor and associate dean, NYU School of Professional Studies Jonathan M. Tisch Center for Hospitality and Tourism. “By providing a framework for building knowledge and skills, access to industry leaders, and validating student learning through a comprehensive business plan, we can ensure that our diploma holders are prepared to not only start but grow successful businesses that will create lasting value for the communities in which they are based.”

This concentrated diploma program was designed with working professionals in mind and will be delivered in a blended – online and in-person format – which provides students with the utmost flexibility to complete the program. The 5 required courses include Restaurant Business Planning and Concept Development; Restaurant Financial Management; Restaurant Operations; Restaurant Sales and Marketing; and JobFocus: Restaurant Entrepreneurship.

Applications for the fall 2016 semester will be accepted until August 26. For more information about the Professional Diploma in Restaurant Entrepreneurship, including application requirements, and course faculty, click here. You may also call 212-998-7226 or email [email protected].

This program adds another option for students who would like to pursue a career in the restaurant industry, and is a perfect companion to the existing Diploma in Restaurant Operations and Guest Service, which focuses entirely on developing the skills to achieve operational excellence in the front- and back-of house. For information about the Restaurant Operations and Guest Service diploma, click here.