Franchising continues to grow and Millennial founded brands are a driving force.

There is no doubt in my mind that the “Franchise Prototype Model” has revolutionized the way people take a small local business and turn it into a regional or national brand.”

Franchising continues to grow and Millennial founded brands are a driving force.

As Millennial Entrepreneurs are coming into their own with new brands that are emerging and growing, the idea of Franchising as a tool for rapid growth has become a prime focus. Understanding the need for Brand Identity and Social Acceptance perhaps better than any generation before it, the Millennials and GenX’rs are turning to franchising as the key method to expand beyond their immediate territories.

Gary Occhiogrosso, Managing Partner of FranGrow, (a franchise development and sales firm www.frangrow.com ), put it this way “as popular as the internet has become, you can’t physically experience your favorite restaurant or have your hair cut, or do a spin class or take care of aging parents “on the internet” or using an “app”. “There is a “real world” element that provides great opportunities for franchising both product and service based businesses.” “In the first six months of 2017 we’ve been approached by double the number companies looking to franchise their business or help them expand compared to the same time last year.”

FRANCHISING GROWS IN TOTAL

Robert Cresanti – President & CEO of the International Franchise Association (IFA) reported “We are forecasting that for the sixth consecutive year, franchise businesses will grow at rates that exceed the economy-wide growth of industries where franchises are concentrated, Franchise businesses are showing tremendous capability to provide new jobs for working families and new businesses for first-time business owners across all sectors in local communities, despite the fact that franchisees are facing many new regulatory threats at all levels of government.”

TOP CATEGORY IN FRANCHISING

According to Entrepreneur’s Franchise 500, the top growth sector both domestically and internationally is Quick Service Restaurants. As this stat relates to Millennials, they are particularly fond of the build your own concepts that feature fresh, made to order items, using sustainable ingredients and “built” to the customer’s specifications. Occhiogrosso who also teaches restaurant concept development and entrepreneurship at NYU says that his students aim their creativity on either launching or purchasing a quick casual brand that focus on the quality and social responsibility of the concept. He went on to say, “regarding founders and entrepreneurs that engage us to expand their brand, the franchise model is the primary form of expansion. Our client list has grown to the point whereby we’ve had to go to a waiting list. There is no doubt in my mind that the “Franchise Prototype Model” has revolutionized the way people take a small local business and turn it into a regional or national brand.”

For follow up information please contact [email protected]

You Spent the Money – Now What?

“The truth is, anyone can start projects. The world is full of just-started projects that looked great at the time but were never completed.”
– Joyce Meyers

You spent the money on the ‘paperwork” to launch your Franchise – NOW WHAT?

By Gary Occhiogrosso
Franchise Strategist

ALL DRESSED UP AND NO PLACE TO GO.
That old familiar saying sometimes hold true for start up franchises and emerging brands…You paid money for manuals, the FDD, the franchise website, training tools, you’ve built the prototype, it’s tested, proven out, you’re ready to go! Really? Now What? What do you have to show for all the time and money spent up to this point? Where’s the ROI?

AWARDING THE RIGHTS TO YOUR FRANCHISE OPPORTUNITY.
In order for a franchise system to truly grow you must sell/award franchises to qualified individuals. You’re not a “growth story” if you’re not selling new franchise units, hell you may not even be a franchise story if you’re not selling franchises!

Founders of newly formed franchise companies are usually so caught up in the idea of “process” or in other words “the work of the business” that in fact they overlook the time, the cost and needed strategy to sell franchises. In fact, so many founders are so sure their franchise will be an instant hit they actually believe they can sell it on your own or simply use a “success fee” broker network as their entire development plan. There are no zero cost decisions, one way or the other. As we say, “if you think it’s too expensive to hire a professional, just wait until you see what it costs you when you hire an amateur!”

About FRANCHISE GROWTH SOLUTIONS, LLC.

FRANCHISE GROWTH SOLUTIONS, LLC. is a membership only strategic planning and franchise sales organization. Admission into our client portfolio is by recommendation only. Our service is offered only to those recommended & qualified franchisors committed to growing their brand. Our “Coach, Mentor & Grow”® program helps put your system on a fast growth track..
Since we limit our client list to only six, you must be recommended into our Member Client Portfolio. Please contact us to discuss a free evaluation interview. We will have an open, honest discussion regarding your brand, it’s growth potential and whether we mutually agree if Franchise Growth Solutions, LLC is a good fit.

MISSION
To assist entrepreneurs, franchisors, and independent operators achieve their growth goals by blending knowledge, experience, guidance, coaching and effective selling strategies into their everyday practice. [email protected]

FOR INFORMATION ON LAUNCHING OR GROWING YOUR FRANCHISE BRAND PLEASE CONTACT [email protected] or call 917-991-2465

How to Turn A Franchise Agreement To Your Advantage

Often the most complex area relates to renewal and termination of the franchise. Are you granted an automatic renewal right beyond the franchise term of 5 or 7 years? What renewal fee is payable? Can you sell the franchise on?



How Turn A Franchise Agreement To Your Advantage

How Turn A Franchise Agreement To Your Advantage

By: Martin Truman

Deciding to buy a Franchise is a huge decision. Once you have convinced yourself that franchising suits your character and business aspirations, have identified the right franchise, done your sums, attended the initial training and perhaps paid an initial deposit you will be presented with a Franchise Agreement to sign.

Typically this agreement could run to 40 or 50 pages and can be a daunting read to those unfamiliar with commercial contracts. The very nature of a franchise business structure means that the agreement will be fairly complex. Remember that this document provides the framework for your business life over the next seven years or so.

Franchisors, particularly established ones, will rarely change or negotiate the terms of their standard Franchise Agreement as they will want to maintain uniformity across all the franchises. However, it is essential that you understand what you are being asked to sign. Once you have signed an agreement as a business person (without the cotton wool treatment given to consumers) you will struggle to persuade a court later that the terms were unfair or sufficiently unreasonable to be void. You will be stuck with it! I strongly recommend that you seek legal advice from a commercial solicitor familiar with franchising.

Key areas include establishing the true cost of the franchise including ongoing royalties, advertising costs, minimum stock purchases. What location and territorial rights have been granted? Are these exclusive to you? What property and equipment is required? What obligations are there on you and the Franchisor relating to the ongoing operation of the franchise?

Often the most complex area relates to renewal and termination of the franchise. Are you granted an automatic renewal right beyond the franchise term of 5 or 7 years? What renewal fee is payable? Can you sell the franchise on? Usually you will need to give the franchisor first option and/or a right of veto over the acceptability of any proposed transferee, often coupled with a % fee. What are the consequences of an early termination by you if you want or need to get out prematurely? There will usually be a minimum period with forfeiture of the franchise fee, stock and possibly other financial penalties and compensation. What if you are in breach? What circumstances would lead to an automatic termination? Are you given a period in which to remedy your breach?

Ask yourself some “What if?” scenarios. What if you died or were seriously ill? What if you failed to meet your sales targets? What if you wanted to sell product out of your territory? What if a customer sued you for faulty products? If you cannot answer all your What ifs, do seek more advice. Don’t be afraid to ask the Franchisor these questions. But don’t expect an impartial response. The Franchise Agreement will usually have an express term preventing any reliance upon representations or claims made by the Franchisor in the initial presentations or documentation. Much to the disappointment of many clients who come to us for advice having run an unsuccessful franchise, this applies particularly to any claims as to how much money can be earnt… Buyer beware!

Author Bio
Martin Truman is head of commercial law firm, Truelegal Solicitors. For more information about Franchise Agreements visit http://www.legal-advice-centre.co.uk/franchise-agreement.html“>www.legal-advice-centre.co.uk/franchise-agreement.html.

Article Source: http://www.ArticleGeek.com – Free Website Content


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

“How did it get to this point? Why am I working, working, working with my head down?”

The challenge facing most business owners is how to come up with the time to work ON the business so that they can improve the function of their company.

Why am I working, working, working with my head down?

– By: Suzanne Holman
“How did it get to this point? Why am I working, working, working with my head down in my business and feeling as though I don’t have a moment to think ahead?”

You probably started your own business to have freedom of choice, to have freedom to create and to have freedom to have limitless income without the constraints of a salary.

You may have left a J.O.B. and now you are feeling as though you are once again at a J.O.B. with your worst boss ever…YOU!

Generally, businesses are started by someone who has a particular skill. You may have done great work with the finances in a corporation so you decide you’d like to have your own financial services company.

Just because you have the skills to do the technical work of a company doesn’t mean that you can be a successful entrepreneur. Anyone who has gone through this transition would agree. There are so many different skills needed to run a business!

Until you are ready to delegate the tasks that are not your specialty, you will not be able to fully utilize your best talents.

Creating a system that others can run without you can give you that freedom that was your goal to having your own business. This takes discipline and careful attention to all the details that you are presently handling.

Oh, how tempting it is to think you can handle it all! Maybe you think you need to get bigger and have more profit before you deserve to have the support you need?

It may seem risky to be paying for the support when your funds are tight, but without the support in place you are apt to stay stuck where you are.

You are also a perfect candidate for overwork and overwhelm. When you are overworked and overwhelmed, the passion that drew you into the business starts to shrivel and die.

Ask yourself, “How many hours am I actually working in my business each week?”.

Would you ever have worked that many hours in ANY job you’ve ever had?

I didn’t think so.

The challenge facing most business owners is how to come up with the time to work ON the business so that they can improve the function of their company.

Now it’s time to look for the time wasters that steal some of your valuable time away. Is it email? That is a problem for many of us.

How easy it is to get sucked into checking email and then get distracted by any number of interesting topics.

Disciplining yourself to check email only at certain times of the day could free up some valuable time for your business planning.

Another roadblock to our productivity can be avoiding something (like busines planning) because it seems too major of a project. If you can break the project down into smaller segments, it will be easier to fit the work on one of the segments into any free time that you have.

Actually creating appointments with YOURSELF for a change would be a way to create time for this business planning.

And keep that appointment!

Show yourself and your business as much respect as you show the rest of the world.

If you have problems in disciplining yourself into making some of these changes and creating a business plan, it may be the time to think about hiring a business coach.

A business coach would be able to support you in getting through this transition into a systemized business structure that will allow you to grow profitably and to have the freedom and creativity you wanted in the first place!

Article Source: http://freewebcontent.org

How about completing your goals with energy left over? Exuberant Productivity Coach, Suzanne Holman, MAEd, works with financial service professionals who want to improve their productivity to make the most of every hour of the day for their business and for their personal life. Exuberance Assessment is available without charge at Suzanne Holman’s website, http://www.suzanneholman.com ” target=”_blank”>http://www.ExuberantProductivity.com>

ENTREPRENEUR SELLS ELECTION INSPIRED CEREAL TO FUND TECH STARTUP

Dominguez, not only hopes to sell enough cereal to initially fund his startup but he wants to send
a positive message to new entrepreneurs out there who are struggling.

PRESS RELEASE
March 29, 2016

ENTREPRENEUR SELLS ELECTION INSPIRED CEREAL TO FUND TECH STARTUP
Better Eat Your Bernies and Donald Flakes, Make Cereal Great Again, Will
Launch on Kickstarter Very Shortly

Providence, RI: Miguel Dominguez, a serial entrepreneur develops a unique crowd funding campaign
selling politically inspired candidate cereal to fund his latest startup, Veo. Dominguez, created
two original cereal boxes, Donald Flakes, Make Cereal Great Again and Better Eat Your Bernies! Both
designs
offer a level of nostalgia that conjure up memories of the fun cereal boxes of
our childhood.

The designs offer vibrant and colorful caricatures and inspiring story lines that remind us of our go
to morning breakfast. Remember when all that you needed to achieve greatness was a dream, a can do
attitude and a box of your favorite cereal? We believe that the recipe hasn’t changed.

Dominguez, not only hopes to sell enough cereal to initially fund his startup but he wants to send
a positive message to new entrepreneurs out there who are struggling. After, winning a business
plan competition two years ago and securing a substantial amount of capital, his company ultimately
failed. Dominguez, wants to pass along the message that no matter what level of failure or setback
you may be experiencing today, those are the battles that help you thrive in the future.

Customers interested in purchasing one of the unique boxes can sign up to receive a notification at
ElectionFlakes.com once sales go live on Kickstarter. The campaign will launch on Monday, April
4th!

– Ends –

NOTE TO THE EDITOR
For information of questions, please contact: Miguel Dominguez
401-339-3049
[email protected] www.DonaldFlakes.com

About: Miguel Dominguez, is a designer and maker who is passionate about software and hardware
startups. Dominguez, is the founder of Veo, a new design platform that helps businesses develop
powerful digital content.

Inspirational Business & Life Quotes

Inspirational Business & Life Quotes
Listed here by Franchise Strategist

=============================================
Refuse to ever use the term “failure” again about yourself or anyone else. Remind yourself that when things didn’t go as planned you didn’t fail, you only produced a result. Then ask yourself this powerfully life-enhancing question, “What am I going to do with the results I’ve produced?” And proceed to act in such a way as to be grateful rather than resentful for those less than glorious results.
– Dr. Wayne Dyer
=============================

One of the key problems today is that politics is such a disgrace, good people don’t go into government.
-Donald Trump
=============================================
“I never did a day’s work in my life. It was all fun.”
-Thomas Edison
=============================================
When you cease to make a contribution, you begin to die.
– Eleanor Roosevelt
=============================================
“Everybody is a genius. But if you judge a fish by its ability to climb a tree, it will live its whole life believing that it is stupid.”
— Albert Einstein
=============================================
” A government big enough to give you everything you want is a government strong enough to take away everything you have.”
-Thomas Jefferson
=============================================

A positive attitude may not solve all your problems, but it will annoy enough people to make it worth the effort.
– Herm Albright
=============================================
Oh, my friend, it’s not what they take away from you that counts. It’s what you do with what you have left.
– Hubert Humphrey
=============================================
A man who dares to waste one hour of life has not discovered the value of life.
-Charles Darwin
=============================================
Any idea that concern for others, though a noble quality, is a matter for our private lives only, is simply short sighted. Compassion belongs to every sphere of activity, including, of course, the workplace
-Dalai Lama
============================================

“Only those who dare to fail greatly can ever achieve greatly.” -Robert F. Kennedy
=============================================
An organization’s ability to learn, and translate that learning into action rapidly, is the ultimate competitive advantage.
-Jack Welch
=============================================
The entrepreneur builds an enterprise; the technician builds a job.
– Michael Gerber
=============================================

Nobody talks of entrepreneurship as survival, but that’s exactly what it is and what nurtures creative thinking.
– Anita Roddick
=========================================
I did something that challenged the banking world. Conventional banks look for the rich; we look for the absolutely poor. All people are entrepreneurs, but many don’t have the opportunity to find that out.
– Muhammad Yunus
=========================================
The link between my experience as an entrepreneur and that of a politician is all in one word: freedom.
– Silvio Berlusconi
=========================================
Your reason and your passion are the rudder and sails of your seafaring soul. If either be broken, you can but toss and drift or else be held at a standstill in mid-seas. For reason, ruling alone, is a force confining. And passion, unattended is a flame that burns to its own destruction.
-Kahlil Gibran
=========================================
Most new jobs won’t come from our biggest employers. They will come from our smallest. We’ve got to do everything we can to make entrepreneurial dreams a reality.
-Ross Perot
=========================================
I’ve always said that the better off you are, the more responsibility you have for helping others. Just as I think it’s important to run companies well, with a close eye to the bottom line, I think you have to use your entrepreneurial experience to make corporate philanthropy effective.
– Carlos Slim Helu
=========================================
The entrepreneur is our visionary, the creator in each of us. We’re born with that quality and it defines our lives as we respond to what we see, hear, feel, and experience. It is developed, nurtured, and given space to flourish or is squelched, thwarted, without air or stimulation, and dies.
-Michael Gerber
=========================================

To see the work is to know the workman
-Anonymous
=========================================

“Find a job you love and you’ll never work a day in your life.”
– Confucius
=========================================

It is a fact that, in the West, we live in a capitalist society, but that does not mean that we cannot be guided by the idea of a social conscience in our work. Yes, fashion design requires consumers to consume, but we can do our bit for society by running our companies in a socially responsible way, and by creating products that promote respect for social and environmental issues. There is also the possibility for power and influence to be a force for change.
– Giorgio Armani
=========================================
You are surrounded by simple, obvious solutions that can dramatically increase your income, power, influence and success. The problem is, you just don’t see them.
– Jay Abraham
=========================================

If you have built castles in the air, your work need not be lost; there is where they should be. Now put foundations under them.
– Henry David Thoreau
==========================================
Get approved for a online payday loan in minutes.Apply for cash advance online today!
==========================================
The measure of success is not whether you have a tough problem to deal with, but whether it’s the same problem you had last year.
– John Foster Dulles
=========================================
Uncertainty and expectation are the joys of life.
-William Congreve
========================================
The gambling known as business looks with austere disfavor upon the business known as gambling.
– Ambrose Bierce
=========================================
If you believe in what you are doing, then let nothing hold you up in your work. Much of the best work of the world has been done against seeming impossibilities. The thing is to get the work done.
– Dale Carnegie
=========================================
Failure is simply the opportunity to begin again, this time more intelligently.
– Henry Ford
=========================================
Whenever you see a successful business, someone once made a courageous decision.
– Peter Drucker
==============================================
I wanted to be an editor or a journalist, I wasn’t really interested in being an entrepreneur, but I soon found I had to become an entrepreneur in order to keep my magazine going.
-Richard Branson
==============================================
“Good business leaders create a vision, articulate the vision, passionately own the vision, and relentlessly drive it to completion.”
– Jack Welch
==============================================
The first requisite for success is the ability to apply your physical and mental energies to one problem incessantly without growing weary.
– Thomas A. Edison
==============================================
Avoid having your ego so close to your position that when your position falls, your ego goes with it.
– Colin Powell
==============================================
You can buy a person’s hands but you can’t buy his heart. His heart is where his enthusiasm, his loyalty is.
– Stephen Covey
==============================================
Become a possibilitarian. No mater how dark things seem to be or actually are, raise your sights and see possibilities-always see them for they’re always there.
– Norman Vincent Peale
=========================================
Twenty years from now you will be more disappointed by the things that you didn’t do than by the ones you did do. So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover.
– Mark Twain
==============================================
Terrorist attacks can shake the foundations
of our biggest buildings, but they cannot
touch the foundation of America.
These acts shatter steel, but they cannot dent
the steel of American resolve.
America was targeted for attack because
we are the brightest beacon for freedom
and opportunity in the world.
And no one will keep that light from shining.
President George W. Bush
September 11, 2001
==============================================

The bad news is time flies. The good news is you’re the pilot.
– Michael Althsuler
——————————————————-
Sometimes it’s important to work for that pot of gold. But other times it’s essential to take time off and to make sure that your most important decision in the day simply consists of choosing which color to slide down on the rainbow.
– Douglas Pagels, from These Are the Gifts I’d Like to Give to You
__________________________________________________
There is no elevator to success. You have to take the stairs.
-Author unknown
————————————————————
Learn to harness the economic power of the stock market at better trades . Trading made easy at BT.
————————————————————
“There are no secrets to success. It is the result of preparation, hard work, learning from failure.”
– Colin Powell
========================================
“When everything seems to be going against you, remember that the airplane takes off against the wind, not with it.”
– Henry Ford
========================================