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Franchise Frankness is a resource for individuals interested in all things Franchising. With decades of collective real world experience, Tiffany Toliver, Steve Slowey, and Paul Giggi speak frankly about all aspects of the Franchise Process. This podcast contains information on how to Find, Buy, Build and Operate a Successful Franchise. Tiffany, Paul, and Steve also chat about what mistakes to avoid, what questions to ask the Franchisor, and how to speed through the process. To visit the blo ...
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FF 038 : Which Brand Came First?
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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: http://franchisefrankness.com★☆★SUBSCRIBE TO OUR YOUTUBE CHANNEL ★☆★http://bit.ly/2oNKJWW★☆★OUR FREE RESOUR…
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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 befor…
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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 …
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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 Leas…
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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 YOUTUBE CHANNEL ★☆★http://bit.ly/2oNKJWW★☆★OUR FREE RESOURCES ★☆★http://www.f…
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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 YOUTUBE CHANNEL ★☆★http://bit.ly/2oNKJWW★☆★OUR FREE RESOURCES ★☆★http://www.franchisefrankness.com/tools★☆★ FOLLOW US ★☆★Website: http://www.f…
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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 YOUTUBE CHANNEL ★☆★http://bit.ly/2oNKJWW★☆★OUR FREE RESOURCES ★☆★http://www.franchisefrankness.com/tools★☆★ FOLLOW US ★☆★Website: http://www.franchisefrankness.com/Facebook: htt…
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Visit our Blog at: www.franchisefrankness.com/dothese7thingsfordiscoverydayI'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 YOUTUBE CHANNEL ★☆★https://www.youtube.com/channel/UCzLk...★☆★OUR FREE RESOURCES ★☆★http://www.franchisefrankness.com/tools★☆★ FOLLOW US ★☆★We…
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In this podcast, 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.Visit us at:Website: http://www.franchisefrankness.com/Facebook: http://www.facebook.com/FranchiseFranknessTwitter: http://t…
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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.Visit us at:Website: http://www.franchisefrankness.com/Facebook: http://w…
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FF 027 : 10 Steps To Opening A Franchise
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10:20
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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. ★☆★VIEW THE BLOG POST ★☆★www.franchisefrankness.com/blog/openingafranchise★☆★OUR FREE RESOURCES ★☆★http://www.franchisefrankness.com/tools★☆★ FOLLOW US ★☆★Website: http://www.franchisefrankness.com/Facebook: h…
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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.Door Franchise Frankness
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In this episode, Paul shares several ways of searching for a franchise concept.Some of the websites he mentions in this podcast are:FranchiseGator.comFranchiseHelp.comFranchiseDirect.comFranchisors pay these portals for your information.★☆★VIEW THE BLOG POST ★☆★www.franchisefrankness.com/blog/how-to-search-for-a-franchise-concept★☆★OUR FREE RESOURC…
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Impact Fee Language:"Landlord shall pay any impact fees, including, but not be limited to, connection charges, availability fees, tie-in fees, meter fees or charges, capacity fees, reservation fees, EDU, utility connection fees, "tap-in" or tap fees or impact charges, and any similar imposition charged by applicable governmental authorities or util…
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In this podcast, Steve talks about the best time to sell your business. Steve has bought and sold several businesses; a thorough understanding of the factors involved will allow you to sell your business for the highest possible return.He also shares what potential buyers look for when they are assessing the value of your business.★☆★OUR FREE RESOU…
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In this video, Paul shares one of his experiences that given the chance, he would've handled differently. Don't make the same mistake!★☆★VIEW THE BLOG POST ★☆★www.franchisefrankness.com/blog/what-i…y-episode-1★☆★OUR FREE RESOURCES ★☆★www.franchisefrankness.com/tools★☆★ FOLLOW US ★☆★Website: www.franchisefrankness.com/Facebook: www.facebook.com/Fran…
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In this video, Tiffany shares the 4 Elements of Site Selection★☆★VIEW THE BLOG POST ★☆★http://www.franchisefrankness.com/blog/the-4-elements-of-site-selection★☆★OUR FREE RESOURCES ★☆★http://www.franchisefrankness.com/tools★☆★ FOLLOW US ★☆★Website: http://www.franchisefrankness.com/Facebook: http://www.facebook.com/FranchiseFran...Twitter: http://tw…
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