Financial Measurement
John Quattrocchi was interviewed on Franchise Business Radio about financial jargon, tax advantages, building a proforma and more. Below are some interview excerpts. By Pamela Currie
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04, 2023
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04, 2023
Territory May Be Your Scarcest Resource: Treat it Accordingly
An often overlooked metric for many franchisors is the number of outstanding territories they have yet to award. For most new franchisors, selling out of territories seems like such a distant problem that they don’t give it any thought. When they think of scarcity, they think about franchisee lead scarcity. However, I would challenge franchisors to flip the equation if their goal is to maximize the long-term value of the brand. By Tom Spadea
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04, 2023
If Not Now… When?
Economic uncertainty. Recession. Layoffs. Out-of-control crime. Potential world war. Why would anyone take a risk and start a business now? Perhaps these are the same reasons someone should now start a business – a franchised business. By Jack Monson
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04, 2023
Don’t Force It
Remember as a kid the round pegs going in the round holes and the square pegs going in the square holes? As a kid I used to try and force the round pegs into the square holes. Sometimes I would get them to fit but it took a lot of effort and a lot of broken pieces. By Don Clayton
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04, 2023
FranServe, Inc.: Success Clubs, Recognizing Hard Work and Growth
A recent blog by Great Place to Work®, an employee experience platform, highlighted the importance of recognition in the workplace: “A culture of recognition develops engaged and loyal employees. Making employee appreciation integral to your workplace culture can be achieved through meaningful and intentional practices.” By Nancy E. Williams
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04, 2023
HomeVestors: Franchisees Help Homeowners In ‘Ugly Situations’
HomeVestors® of America, the “We Buy Ugly Houses”® people, is a network of franchises that makes up the largest and longest-running cash homebuyer in the country. By Patty Horansky
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04, 2023
Tint World: One for the Books
In February, Tint World® Automotive Styling Centers™ held its annual franchise convention in Kissimmee, Florida. The premier auto styling and window tinting franchise had plenty of accomplishments as well as to celebrate – including the growth of its franchise network to over 150 franchises as well as being named one of Franchise Business Review’s Top Franchises in 2023. By Nancy E. Williams
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04, 2023
International Franchise Association: A Life of Service
The International Franchise Association’s (IFA) VetFran program offers over 500 companies that have a shared commitment to help veterans by providing a financial discount to get veterans up and running as business owners. Lowering the barriers to entry is VetFran’s way to give back to those who have served and say thank you for serving our country. By Rose Mango
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04, 2023
Six Pixels: Making STEM Learning Accessible to All Students
In 2009, Florida Film Academy was born in Orlando, Florida. The company was formed with an important goal in mind: to create a youth program that integrates STEM learning into creative classes about moviemaking, stop motion, YouTube, animation, coding and photography. By Kelsi Trinidad
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04, 2023
Floor Coverings International: Brand Refresh and Ongoing Growth
Floor Coverings International delivers a superior option for flooring and a top-notch customer buying process, complemented by a proven local marketing approach. The franchise challenges the ways of the past in the flooring industry – which has traditionally been to shop through big-box stores or other local, brick-and-mortar shops – by bringing the showroom to the customer’s home. By Cindy Charette