Franchise Frankness
Franchise Frankness
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Should I Invest?
I was approached by a gentleman and his wife and they asked about a specific franchised restaurant concept/brand. They were retiring with a bunch of money and they wanted to know if they should invest in the concept. My response to them was...
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"Ave Marimba" Kevin MacLeod (incompetech.com)
Licensed under Creative Commons: By Attribution 3.0 License
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มุมมอง: 326

วีดีโอ

Choosing a General Contractor for your Franchise
มุมมอง 3857 ปีที่แล้ว
When and where should you start looking for a General Contractor for your franchise location? In this video Paul discusses both when and where to find a qualified GC for your franchise. Paul is a multi-unit franchisee and has overseen construction of several of his own units as well as other franchised units. Visit our Blog at: franchisefrankness.com ★☆★SUBSCRIBE TO OUR TH-cam CHANNEL ★☆★ bit.l...
Which Brand Came First?
มุมมอง 1.5K7 ปีที่แล้ว
Have you ever driven by a Burger King that has a McDonald's next door and wondered "Who Copied Who" or 'Who Came First?" In this video we explore several brands with a similar product or service and discuss 'Who Came First'. Visit our Blog at: franchisefrankness.com ★☆★SUBSCRIBE TO OUR TH-cam CHANNEL ★☆★ bit.ly/2oNKJWW ★☆★OUR FREE RESOURCES ★☆★ www.franchisefrankness.com/tools ★☆★ FOLLOW US ★☆★...
Lease Basics for Franchisees
มุมมอง 9247 ปีที่แล้ว
Your lease is a contractual document that will be with you throughout your journey as a franchisee. In fact, many leases are written to mirror the franchise agreement in initial term and option duration. In today's post, I've put together 5 important clauses that you'll find in your lease. Make sure you familiarize yourself with these clauses before you execute your lease agreement. Visit our b...
Franchise Q&A
มุมมอง 1.2K7 ปีที่แล้ว
Paul Giggi, a multi-unit franchisee, answers your questions about franchising. Here are the questions we answer in this video: 1) Should I start my own business or use my money to invest in a franchise (answer at 0:45) 2) I want to open a restaurant franchise but I've never worked in a restaurant. Do I need to have restaurant experience to apply for a franchise? (answer at 2:40) 3)How much mone...
5 Things You Should Include in a Letter of Intent
มุมมอง 21K7 ปีที่แล้ว
Most franchisees and/or small business owners lease space for their business. In this video we go over 5 basic clauses to make sure are in your Letter of Intent. These clauses are important to negotiate up front in your Letter of Intent so that you don't waste your time, resources, and give up your leverage negotiating them when you get to the Lease. Visit our blog for more information! Visit o...
Commercial Real Estate Brokers for Franchises
มุมมอง 5407 ปีที่แล้ว
Visit our Blog at: franchisefrankness.com Should you use a Real Estate Broker to help you find a site for your franchise? In this video Steve goes over the role of a Commercial Real Estate Broker, how they get paid, and provides some tips to keep your site search moving in the right direction. ★☆★SUBSCRIBE TO OUR TH-cam CHANNEL ★☆★ bit.ly/2oNKJWW ★☆★OUR FREE RESOURCES ★☆★ www.franchisefrankness...
What is a Franchise Royalty?
มุมมอง 2.2K7 ปีที่แล้ว
Visit our Blog at: franchisefrankness.com Every franchised concept has some sort of Royalty. But what exactly are you paying for? In this video Paul shares a high level overview answering the question: What is a Franchise Royalty? ★☆★SUBSCRIBE TO OUR TH-cam CHANNEL ★☆★ bit.ly/2oNKJWW ★☆★OUR FREE RESOURCES ★☆★ www.franchisefrankness.com/tools ★☆★ FOLLOW US ★☆★ Website: www.franchisefrankness.com...
Why Some Companies Choose Not to Franchise
มุมมอง 1.1K7 ปีที่แล้ว
Visit our Blog at: franchisefrankness.com Why is it that some of the most popular stores and restaurants aren't franchising? In this video, I go over 5 reasons why some companies don't franchise. ★☆★SUBSCRIBE TO OUR TH-cam CHANNEL ★☆★ bit.ly/2oNKJWW ★☆★OUR FREE RESOURCES ★☆★ www.franchisefrankness.com/tools ★☆★ FOLLOW US ★☆★ Website: www.franchisefrankness.com/ Facebook: FranchiseF...
Prime Costs, Operating Expenses, and Profit
มุมมอง 4.8K7 ปีที่แล้ว
Visit our Blog at: franchisefrankness.com/primecosts In this video, Paul shares how to manage Prime Costs and Operating Expenses to drive a Profit in your franchise or small business. ★☆★SUBSCRIBE TO OUR TH-cam CHANNEL ★☆★ th-cam.com/channels/zLk.html... ★☆★OUR FREE RESOURCES ★☆★ www.franchisefrankness.com/tools ★☆★ FOLLOW US ★☆★ Website: www.franchisefrankness.com/ Facebook: Franc...
7 Dos and Don'ts at Discovery Day
มุมมอง 4K7 ปีที่แล้ว
Visit our Blog at: www.franchisefrankness.com/dothese7thingsfordiscoveryday I've been to a lot of Discovery Days and in this video I share the Do's and Don'ts of attending a Discovery Day. ★☆★SUBSCRIBE TO OUR TH-cam CHANNEL ★☆★ th-cam.com/channels/zLk.html... ★☆★OUR FREE RESOURCES ★☆★ www.franchisefrankness.com/tools ★☆★ FOLLOW US ★☆★ Website: www.franchisefrankness.com/ Facebook: ...
The Importance of a Profit and Loss Statement
มุมมอง 2K7 ปีที่แล้ว
In this video, Paul talks about why profit and loss statements are important to understand, not only to evaluate an acquisition of a franchise or other small business, but also to manage your bottom line on an ongoing basis. ★☆★SUBSCRIBE TO OUR TH-cam CHANNEL ★☆★ th-cam.com/channels/zLkG-GEKFtfB_VfyAfGTuA.html ★☆★VIEW THE BLOG POST ★☆★ www.franchisefrankness.com/blog/importanceprofitandloss ★☆★...
Franchise Store Closings
มุมมอง 1.4K7 ปีที่แล้ว
Why Do Franchise Stores Close? In this video I go over the possible reasons why a franchise store would close, how that reflects on the brand, and how to calculate a brands continuity rate. Continuity rate is one of the primary metrics that institutions use to rank franchises. ★☆★SUBSCRIBE TO OUR TH-cam CHANNEL ★☆★ th-cam.com/channels/zLkG-GEKFtfB_VfyAfGTuA.html ★☆★VIEW THE BLOG POST ★☆★ www.fr...
10 Steps to Opening a Franchise
มุมมอง 109K7 ปีที่แล้ว
★☆★SUBSCRIBE TO OUR TH-cam CHANNEL ★☆★ th-cam.com/channels/zLkG-GEKFtfB_VfyAfGTuA.html In this video, Tiffany shares the road-map of opening a franchise. She outlines the 10 steps and identifies tasks under each of those steps. Below are links to the two videos Tiffany mentions. How to Search for a Franchise Concept: th-cam.com/video/ZgERVClmMlQ/w-d-xo.html 4 Buckets of Site Selection: th-cam.c...
What I Would've Done Differently - Episode 3
มุมมอง 2318 ปีที่แล้ว
This is the third installment of What I Would've Done Differently. In this episode, Steve shares a personal story about his first franchise operation. ★☆★SUBSCRIBE TO OUR TH-cam CHANNEL ★☆★ th-cam.com/channels/zLkG-GEKFtfB_VfyAfGTuA.html We're producing this video series so that you can avoid some of the costly mistakes we've already made! ★☆★VIEW THE BLOG POST ★☆★ www.franchisefrankness.com/bl...
How to Search for a Franchise Concept
มุมมอง 1.6K8 ปีที่แล้ว
How to Search for a Franchise Concept
What I Would've Done Differently - Episode 2
มุมมอง 3328 ปีที่แล้ว
What I Would've Done Differently - Episode 2
When To Sell Your Business
มุมมอง 2488 ปีที่แล้ว
When To Sell Your Business
What I Would've Done Differently - Episode 1
มุมมอง 2838 ปีที่แล้ว
What I Would've Done Differently - Episode 1
4 Elements of Site Selection
มุมมอง 15K8 ปีที่แล้ว
4 Elements of Site Selection
Welcome To Franchise Frankness on YouTube
มุมมอง 1648 ปีที่แล้ว
Welcome To Franchise Frankness on TH-cam
TOP 5 QUESTIONS TO ASK A FRANCHISOR
มุมมอง 27K8 ปีที่แล้ว
TOP 5 QUESTIONS TO ASK A FRANCHISOR
The Value of Franchising
มุมมอง 3908 ปีที่แล้ว
The Value of Franchising
Training Your Employees Using KPI
มุมมอง 2.5K8 ปีที่แล้ว
Training Your Employees Using KPI

ความคิดเห็น

  • @kalpavriksha666
    @kalpavriksha666 7 หลายเดือนก่อน

    History is yesterday who is best today how they become best.

  • @vikmai6612
    @vikmai6612 11 หลายเดือนก่อน

    Thanks for the video ❤

  • @TruthDefender
    @TruthDefender ปีที่แล้ว

    Very informative 🎉

  • @coopsnz1
    @coopsnz1 ปีที่แล้ว

    Because of government greed , many franchisees closed in my area decades, including service station & new car dealer franchise

  • @tishkris1632
    @tishkris1632 2 ปีที่แล้ว

    This this uk

  • @Himanshu-ux2cz
    @Himanshu-ux2cz 3 ปีที่แล้ว

    Please contact me I need some more for you

  • @Himanshu-ux2cz
    @Himanshu-ux2cz 3 ปีที่แล้ว

    I am from India 🇮🇳 in Delhi

  • @Himanshu-ux2cz
    @Himanshu-ux2cz 3 ปีที่แล้ว

    Help full video for site selection

  • @Himanshu-ux2cz
    @Himanshu-ux2cz 3 ปีที่แล้ว

    Thanks alot 🥰

  • @PupaNasT
    @PupaNasT 3 ปีที่แล้ว

    Awesome video...thank you ! Tiff can I speak to you directly ?

  • @yelle0726
    @yelle0726 3 ปีที่แล้ว

    Can A minor do this franchising?

  • @yelle0726
    @yelle0726 3 ปีที่แล้ว

    It's harder than i thought

  • @abrahamzekios2666
    @abrahamzekios2666 3 ปีที่แล้ว

    Where are you from. Thanks

  • @esycommerce
    @esycommerce 3 ปีที่แล้ว

    *Quick Brief* 00:25 *1. Investment Cost* (Real Estate, Furniture, Legalities) 02:42 *2. ROI* (Return On Investment) 05:05 *3. Fees* (Franchise Fees, Royalty, Tech Fees, Marketing Budget) 10:40 *4. (How) Do I qualify?* 12:49 *5. Have any Units/Franchises failed? Why?*

  • @abrahamzekios2666
    @abrahamzekios2666 3 ปีที่แล้ว

    Ok great speech thanks so much keep up the good job.

  • @abrahamzekios2666
    @abrahamzekios2666 4 ปีที่แล้ว

    Good speech thanks from sioux. City lowa

  • @ijazahmad-vo2uh
    @ijazahmad-vo2uh 4 ปีที่แล้ว

    ohh ! its really nice and helpful thank you !!!

  • @markstevenson8191
    @markstevenson8191 4 ปีที่แล้ว

    This is a good fundamental overview on P&L. I would like to see a Chart of Accounts, Depreciation Schedule on Equipment (Considering lease on property), Breakdown on Labor, and a monthly balance sheet showing percentages as you have displayed here. Also, unrelated is your POV on creating an LLC or going Sole Proprietorship for a franchise.

  • @sherrancehenderson5915
    @sherrancehenderson5915 4 ปีที่แล้ว

    I came across this show on TH-cam and I think that you should interview me because it's really important. I'm the Golden Corral lady that was in business for only 51 days and I lost about 6 million dollars. Consumers who want to buy franchises have a right to know about my experience. Please reach out to me or Google me if you want more.

  • @yojnaswar7932
    @yojnaswar7932 4 ปีที่แล้ว

    Shop available for rent at mapusa Goa...contact 9168389699

  • @analisacanamaso6352
    @analisacanamaso6352 4 ปีที่แล้ว

    Just so you know!i subscribed and have all your helpful videos downloaded.well done!

  • @jimivie
    @jimivie 4 ปีที่แล้ว

    In my experience, co-tenancy would be under physical characteristics, demographics is how one could measure a trade area. I'd say: 1.) Physical Site Characteristics of the Real Estate - Access, Vis, Type, Co-tenants, Parking, etc 2.) Trade Area makeup (which could be measured by demographics) 3.) Operational Impact Variables - Competition, brand Strength/Awareness, Staffing challeges, etc

  • @Mr.C-Mister
    @Mr.C-Mister 4 ปีที่แล้ว

    Step 8 what's a GC?

  • @DarinCates
    @DarinCates 4 ปีที่แล้ว

    IF YOU COULD OPEN A FRANCHISE YOU WOULD instead of boring us all with lame youtube videos.

  • @cypresspuz
    @cypresspuz 4 ปีที่แล้ว

    I know this video is overall excellent but i gotta say this girl is ONE HOT PIECE OF ASS

  • @mauricebest6726
    @mauricebest6726 4 ปีที่แล้ว

    This good thanks

  • @julianthomas696
    @julianthomas696 4 ปีที่แล้ว

    Informative

  • @abrahamzekios2666
    @abrahamzekios2666 4 ปีที่แล้ว

    Great speech, do you have office in sioux city lowa, thanks so much for your explanation your knowledge.

  • @fgularte
    @fgularte 4 ปีที่แล้ว

    your are cute!

  • @malindadesilva7542
    @malindadesilva7542 4 ปีที่แล้ว

    I m also doing franchising and now i have passive income..i m work with 100 persons and now i m earning $1800 per month

    • @BrandonNews001
      @BrandonNews001 4 ปีที่แล้ว

      Malinda de Silva tell me the steps you took into getting one, process, paperwork, hiring etc

    • @malindadesilva7542
      @malindadesilva7542 4 ปีที่แล้ว

      @@BrandonNews001 yes i can explain it..but need to contact you..

  • @myYouTube1travel
    @myYouTube1travel 4 ปีที่แล้ว

    what state are you in?

  • @selinsusan8198
    @selinsusan8198 4 ปีที่แล้ว

    The dislike is just for the fact that you have added a reference to “ another video- link down below” . You can atleast talk a lil bit about the topic. Cuz you are just literally dictating points anyways. An explanation will really help the viewers understand the points better. I mean, what’s the point of me viewing this video, if I have to google or watch another 10 min video to understand the basic concept discussed here. Beautiful women there tho!

  • @charleskaveva2183
    @charleskaveva2183 4 ปีที่แล้ว

    In my life I never learned these,now you've opened my way of thinking. My question is,my income is below 4$ a day,are you willing to support finance a retail business?

    • @bongib2793
      @bongib2793 4 ปีที่แล้ว

      Find out if in your country, there is any government funding available for franchises

  • @raya5090
    @raya5090 4 ปีที่แล้ว

    Is the P/L the same as an income statement?

  • @a.i.marvin6180
    @a.i.marvin6180 4 ปีที่แล้ว

    this info is available on the franchise website

  • @michaelrivera3
    @michaelrivera3 5 ปีที่แล้ว

    Love your knowledge. I thought about doing my own Frenchise but not with any company but my own from the ground up any suggestions on the steps to achieve my goals.

    • @laylasweet4692
      @laylasweet4692 4 ปีที่แล้ว

      Do what you love😊😊..ask yourself about that kind of business....only you know about yourself....in this way, you will never feel abandoned by yourself...

    • @Ibetala
      @Ibetala ปีที่แล้ว

      If you need to start from scratch, you’ll need to raise capital as your very first step. Either self fund it or find investors to assist you with your first store. After 2 years of profitable statements you will be eligible to present your info to the bank for funding along with a detailed business plan and other financial information. It takes time but I’ve seen it work. Best wishes!

  • @baka4191
    @baka4191 5 ปีที่แล้ว

    Very helpful video for an upcoming job interview. Thanks!

  • @PrashantTayshetye
    @PrashantTayshetye 5 ปีที่แล้ว

    Very helpful

  • @uofrcan3827
    @uofrcan3827 5 ปีที่แล้ว

    I need your help. Please email me H7w.xxw@gmail.com. Thank you

  • @ethanicuscopernicus6758
    @ethanicuscopernicus6758 5 ปีที่แล้ว

    Could someone find the spot in this video about taking the steps to find employee's? that seems like an important step.

    • @jmdjasonday
      @jmdjasonday 4 ปีที่แล้ว

      Finding a good employee is like winning the lottery. All I can say is that attitude can outweigh experience.

    • @TheDalyCoach
      @TheDalyCoach 2 ปีที่แล้ว

      Here's info on hiring employees for your franchise: th-cam.com/video/vgfdtFcB5-0/w-d-xo.html

  • @ajantagraphicsstationery848
    @ajantagraphicsstationery848 5 ปีที่แล้ว

    Thanks

  • @duallylicensed145
    @duallylicensed145 5 ปีที่แล้ว

    NUGGETS!

  • @Investigator-Youtube
    @Investigator-Youtube 5 ปีที่แล้ว

    Check out our Review of Franchise Creator in Miami, Florida. They are the company focused on helping businesses to get everything ready to start offering a franchise to public. We met with CEO and founder Hossein Kassmai and learned about many aspects of Franchising.

  • @albaroxc7451
    @albaroxc7451 5 ปีที่แล้ว

    She’s hot and beautiful what a perfect combination!

  • @dlaw5859
    @dlaw5859 5 ปีที่แล้ว

    If I'm operating through an LLC, is there a way to avoid making a personal guarantee if the franchisor is requesting one.

  • @miamiflorida2043
    @miamiflorida2043 5 ปีที่แล้ว

    If theirs any books I can buy on this information what book can anyone Recommend

    • @TheDalyCoach
      @TheDalyCoach 2 ปีที่แล้ว

      Here are some AMAZING business books including the best franchising books out there: th-cam.com/video/-eZ0zEI_UKQ/w-d-xo.html

  • @ayushchourey9237
    @ayushchourey9237 5 ปีที่แล้ว

    10 ways to become rich- 10Million views 10 ways to open franchise-30 k views WTF

  • @cjowens8705
    @cjowens8705 5 ปีที่แล้ว

    Great information. Thank you for the time.

  • @gustavocastrejon1202
    @gustavocastrejon1202 5 ปีที่แล้ว

    i wanna open a smoke shop any tips

  • @abrahamzekios9944
    @abrahamzekios9944 5 ปีที่แล้ว

    Great explanation, keep up the good job, thanks.