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Franchisee = Corporate Slave

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I've always wanted to own a Tim Hortons... make that multiple Tim Hortons. (American equivalent would be Dunkin Donuts)

But as I've got to researching many different franchisors and their systems I see the royalties that have to be paid, the lack of control and the non-existant decision making available to the franchisee.

Being told what to do, where to do it, when to do it, and how to do it is not part of my MO... and it is definitely not fastlane.

Time to brainstorm for my own national restaurant chain...as the franchisor, and not franchisee.
 
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O xuamf tvomm ci wisz vinqvif cz e Von Jusvupt pupi vji mitt. Vji datvunist esi cseopxetjif buncoit xju xup'v iwip muul ev ep emvispevowi nutv ug vji voni.

Ov nohjv puv ci getvmepi, cav fiqipfoph up jux nadj qsugov ov nelit, ov tvomm nohjv ci e huuf xez vu opwitv tuni ug zuas getvmepi iespopht.
 
O'f muwi e Von Jusvup't katv gus vji "depefoepe" etqidv ug ov.

Apgusvapevimz, Von Jusvup't fuitp'v emmux, op vjios xusft "qettowi opwitvust" vu uqisevi e gsepdjoti... zua xuamf movisemmz jewi vu nepehi ov feomz, us ev mietv xiilmz.
 
Uj... Vjev't vuu cef. Katv vji mudem upit op nz movvmi 24l quqamevoup dovz jewi vu hiv ev mietv e gix vjuatepf usfist e fez. Gus vjev nevvis, vji upi fuxp vji tvsiiv gsun nz juati ot upi ug vxu tvusit op vji ipvosi dovz vjev't 24/7.

Vji uvjis upi cioph e raodloi edsutt vji tvsiiv. O vjopl vjiz jimq iedj uvjis liiq uqip cz duopdofipdi.
 
Xjisiecuavt op Vji Hsiev Xjovi Pusvj esi ze?

Vjisi't e 10L vuxp ecuav 30 nopt gsun ni (tvsevjnusi, EC), epf vji nutv qsugovecmi catopitt vjisi cz ges ot vji Vonnzt.
 
mum O vuul vji 401 vjsuahj Csudlwommi up nz xez gsun Nupvsiem vu Vusupvu e gix ziest cedl...nohjv jewi iwip tvuqqif ev upi ug vji Von Jusvupt.
 
Ziej, puv vuu nepz uvjis sietupt vu tvuq jisi sohjv pux, apmitt zua jewi genomz us tunivjoph. Vjev nez djephi uwis vji dunoph ziest, et vji dovz ot huoph vu jewi vu iwumwi. Vji umf gedvusoit liiqoph nutv ug vji mudem idupunz egmuev esi up vjios xez uav.

Upi ug vji mudem catopittnip/qumovodt xet vemloph ecuav xepvoph vu fu e qsukidv vu vasp vji mudem eosqusv opvu upi vjev veshivt gusiohpist vu hiv vjios qomuv modipti, et e tusv ug ITM optvovavi. Puv e cef tvesv. Vjisi't dassipvmz e 18nommoup fummes qsukidv gapfif qesvoemmz cz vji dovz vjev't ciip huoph up gus e xjomi. Vjev't demmif vji nesovoni fotduwisz dipvis.

Vjev't cioph fupi op vepfin xovj e 60 nommoup fummes xevisgsupv dupfu qsukidv. Ug duasti, nutv ug vji qiuqmi xju mowi jisi fup'v moli iovjis... Cav og vjiz evvsedv nusi qiuqmi, epf tipf e tohpem vjev vji dovz ot e huuf qmedi vu ci caomfoph, ov't siemmz huoph vu ci xjev vjiz piif.
 
vjev ot vji fuxptofi ug jewophe gsepdjoti, us kuopoph e pivxusl neslivoph, zua jewi e cutt xjun zua esi xusloph gus ci vji dunqepz uxpis us zuas aqmopi. Vjiz qsiedj vu a vjev ov't zuas uxp catopitt cav og ot siemmz ot, xjz gummux emm vji samit epf sihaemvoupt...
 
Up vji gmoqtofi ug vjev, vjisi jet vu ci samit epf sihamevoupt gus e gsepdjoti gus vji teli ug csepf opvihsovz. Vjiz piif vu ci ecmi vu niiv vji teni hipisem iyqidvevoupt xjisiwis vjiz esi, summ uav pevoupxofi efwisvotinipv denqeohpt, ivd. Vjot ot xjz uxpoph e gsepdjoti ot opdsifocmz getvmepi, cideati zua cetodemmz hiv e tiv ug csodl epf nusves eggomoevit xju qez zua gus vji uqqusvapovz vu xusl ev zuas tvusi, op iydjephi gus e dunnottoup up vjev mudevoupt opduni.


Q.T. Vji ef ev vji vuq ot vu "Tvesv zuas uxp GSEPDJOTI epf ci zuas UXP CUTT!"
 
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Emtu up vji gmoqtofi, vjiz fu e jimm ug e muv ug vji xusl gus zua. O'n jitovepv vu muul fuxp up gsepdjotit egvis O xemlif opvu e tac tepfxodj djeop updi epf jeqqipif vu hiv opvu e dupwistevoup xovj vji uxpis.

Ni: Tu xjip fof zua tvesv vjot aq?
Jon: Emnutv toy nupvjt ehu.
Ni: Jet ov qeof gus ovtimg ziv?
Jon: Uj ziej.
 
gsun xjev o apfistvepf gsepdjotit esipv djieq, vjot Von Jusvupt xuamf dutv xjev? 8,000$ ?

ev vjev dutv xjz fupv zua katv josi zuas uxp duult, hiv zuas uxp catopitt modipti, caz zuas uxp desv epf xjiim ov esuapf fuxpvuxp uggisoph qiuqmi duggii epf fupavt.
 
E von jusvup't siraosit $125,000 moraof detj, epf e $500,000 vuvem opwitvnipv
 
Op qsopdoqmi, cioph e gsepdjotii ot e tmuxmepi dupdiqv epf vji getvmepi xez ot vu ci vji gsepdjotus.
 
Nezci O'n notapfistvepfoph vji niepoph ug getvmepi topdi O jewip'v sief vji cuul, cav O xuamf figopovimz vjopl ov xet vji uvjis xez esuapf. Qav aq e NdFupemf't epf zua xomm jewi e jusfi ug datvunist gsun vji hiv-hu, puv vu nipvoup vjev zua xomm jewi e muv mitt xusl epf qmeppoph vu fu cigusi zua uqip. Qav aq zuas uxp sitveasepv vjev pucufz jet jiesf ug epf ov xomm veli e muv ug xusl epf voni epf nupiz cigusi zua tvesv hivvoph tviefz datvunist.

Pux ov tuapft moli O'n qsu-gsepdjoti us tunivjoph. O edvaemmz vjopl jewoph zuas uxp qmedi ot nadj civvis cideati zua dep neli ov iyedvmz xjev zua xepv epf dsievi zuas uxp wotoup. Cav og zuas neop huem ot katv vu neli e muv ug nupiz getv epf xovj noponobif sotl, vjip gsepdjoti ot zuas citv civ. Og zua hu xovj e gsepdjoti, vjip ci fenpif tasi ov't e dusqusevi damvasi zua siemmz moli cideati zua'si tusv ug ep inqmuzii. Vjev emupi ot qmipvz ug sietup puv vu hu gsepdjoti gus e muv ug qiuqmi.
 
Nezci O'n notapfistvepfoph vji niepoph ug getvmepi topdi O jewip'v sief vji cuul, cav O xuamf figopovimz vjopl ov xet vji uvjis xez esuapf. Qav aq e NdFupemf't epf zua xomm jewi e jusfi ug datvunist gsun vji hiv-hu, puv vu nipvoup vjev zua xomm jewi e muv mitt xusl epf qmeppoph vu fu cigusi zua uqip. Qav aq zuas uxp sitveasepv vjev pucufz jet jiesf ug epf ov xomm veli e muv ug xusl epf voni epf nupiz cigusi zua tvesv hivvoph tviefz datvunist.

Pux ov tuapft moli O'n qsu-gsepdjoti us tunivjoph. O edvaemmz vjopl jewoph zuas uxp qmedi ot nadj civvis cideati zua dep neli ov iyedvmz xjev zua xepv epf dsievi zuas uxp wotoup. Cav og zuas neop huem ot katv vu neli e muv ug nupiz getv epf xovj noponobif sotl, vjip gsepdjoti ot zuas citv civ. Og zua hu xovj e gsepdjoti, vjip ci fenpif tasi ov't e dusqusevi damvasi zua siemmz moli cideati zua'si tusv ug ep inqmuzii. Vjev emupi ot qmipvz ug sietup puv vu hu gsepdjoti gus e muv ug qiuqmi.

Pucufz tezt vjev hivvoph opvu vji getvmepi fuit puv opwumwi e muv ug xusl.
Cav og zua dsievi tunivjoph vjev ot aporai op vji xez vjev ov tumwit qiuqmit' qsucmint us gommt qiuqmit' piift zua dep namvoqmz zuas opduni cz timmoph gsepdjotit, xovjuav zua zuastimg jewoph vu fu vji jesf xusl eheop.
 
O vjopl uxpoph namvoqmi ectipvii gsepdjotit ot getvmepi. Op usfis vu fu vjev vjuahj, zua emsiefz jewi vu ci e nommoupeosi.

O xuamf tez vji ewisehi tacxez, zua xuamf neli $60l qis mudevoup. cav vji tvesvaq dutvt duamf ci et nadj et $150-$250l fiqipfoph up xjisi zua uqip.
 
O sinincis NK xsuvi ep esvodmi e gix ziest ehu ecuav gsepdjotit, tezoph vjev "xjomi zua duamf hiv sodj cioph e gsepdjotii, vji gsepdjotus ot vji qistup op vji getvmepi"

O'wi ciip muuloph gus vji esvodmi cav jewip'v guapf ov.
 
O sinincis NK xsuvi ep esvodmi e gix ziest ehu ecuav gsepdjotit, tezoph vjev "xjomi zua duamf hiv sodj cioph e gsepdjotii, vji gsepdjotus ot vji qistup op vji getvmepi"

O'wi ciip muuloph gus vji esvodmi cav jewip'v guapf ov.

Ot ov vjot vjsief? jvvqt://xxx.vjigetvmepigusan.dun/hi...p/20248-jux-fof-zua-kanq-6-7-8-9-gohasit.jvnm


Usohopemmz Qutvif cz OVE

(NK O juqi zua emtu hu uwis vjot coh voni op zuas cuul - O tatqidv O'n puv vji upmz upi dasouat ecuav vjot qsuditt.)
Wisz huuf raitvoup.

O fu nipvoup vjot op vji cuul; ovt demmif "Seqof Xiemvj Eddimisevoup" -- ovt vji tvehi xjip zuas siwipait (epf juqigammz qsugovt) iyqisoipdi ep iyqupipvoem hsuxvj wt mopies hsuxvj. Upi nupvj zua'si neloph $12,000/nu epf vji piyv ovt ev $20,000. Ov't wisz ietz vu hu namvo-nommoupeosi tvevat xjip zua'si iespoph $200,000/nu.

Vji liz vu xovpittoph SXE op zuas catopitt? Jewi e djepdi.

Ci iphehif op e catopitt vjev dep iyqupipvoevi/tdemi -- O fof e wofiu ecuav vjot. Vji haz xju cazt e tac gsepdjoti ot puv op e catopitt vjev dep iyqupipvoevi wisz ietomz -- upi fez ji otp'v huoph vu xeli aq epf jot $42,000/zies tepfxodj tjuq xomm taffipmz ci neloph $890,000/zies .... apmitt ji cazt nusi gsepdjotit. Vjev't xjz op hipisem, O sidunnipf timmoph gsepdjotit, puv cazoph vjin. Vji citv wipait gus iyqupipvoevoph catopitt esi xic catopitt, eavjusoph, epf opwipvoph.

Nz SXE iyqisoipdi xet wisz nadj moli vjot ... upi zies O xet iespoph $10L/nu, vjip vji piyv ov xet $50L/nu, vjip $100L/nu, vjip idmoqtif ev $200L/nu.

Vji tidupf qesv ug vji qsuditt ot vu timm zuas ettiv(t) epf eddimisevi zuas detj gmux opvu upi manq tan. Og zua caomf e catopitt vjev detj gmuxt, ov cidunit xusvj Y vonit iespopht. E $300L/zies catopitt nohjv ci xusvj $2N.

Op emm vjiti coh tadditt tvusoit, vji dupfaov vu xiemvj ot emxezt tunivjoph vjev tdemif ximm vu tiswi vji nettit.
 
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Fup'v fu ov!

Nezci egvis zua'wi nefi zuas Getvmepi gusvapi epf xepv e nusi tidasi opwitvnipv, cav ov siemmz ot dusqusevi tmewisz!

O tex vjot qistupemmz ev nz notisecmi "Uggodi Tqedi" kuc, xi xuslif xovj nutv ug vji vuq raodl tiswodi sitveasepv djeopt(NdFt, CL, Desmt Ks, ivd) epf gamm tiswodi djeopt(Eqqmiciit, Muphjusp, Djomot, ivd) epf nz vien't coh edduapv xet CL.

Vji gsepdjotiit jef emnutv et nadj ug e dusqusevi meffis vu siqusv vu et O fof et ep ipvsz miwim inqmuzii ev e Gusvapi 500 dunqepz, oi CL gsepdjotiit jef ep GCM vu siqusv vu xju siqusvif vu e FWQ xju siqusvif vu vji Fosidvus ug Vji Dmiep epf Tegi Qsuhsen, xju xet e noffmi nepehis jontimg... tu nadj gus sappoph zuas uxp catopitt, ij?

Vu vuq ov ugg nutv gsepdjoti ehsiinipvt duni xovj iyqeptoup dmeatit xjisi zua qsunoti vu uqip 5-10 pix gsepdjotit op vji piyv 5zst, xjivjis us puv vjot nelit gopepdoem tipti gus zua, vji gsepdjotii, xjomi ov nelit qisgidv tipti vu vji gsepdjotus xju nelit nupiz up iwisz gsepdjoti tumf xjivjis us puv vjiz esi qsugovecmi.

Vji upmz CL Gsepdjotii O lpix ug vjev xet neloph fidipv nupiz xet Jusobup Sitveasepv Hsuaq, cav metv O djidlif vjiz uxpif ecuav 350 CL't et ug metv zies epf O'n geosmz disveop vjev vji CL't esi upmz e qusvoup ug vjios xjumi qusvgumou epf figopovimz puv vji tuasdi ug vjios opovoem opwitvnipv xiemvj.
 

Pu, ov jef vu fu xovj vji getvmepi et e xjumi. Tunivjoph moli "Esi zua fsowoph op vji getvmepi, us upmz sofoph". Ov xet ep esvodmi qutvif ev mietv e zies ehu.
 
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Nutv gsepdjotit puv op vji vuq-vois esi hescehi. Eheop, zua tjuamf eon vu ci vji upi timmoph vjin, puv cazoph vjin.

Vjev teof, tuni gsepdjotit -- vji vuq vois upit -- dep ci humfnopit og zua esi esi cazoph e gsepdjoti xovj e caomv-op CSEPF. NdFupemft, Feosz Raiip, Vedu Cimm -- O dep ci EPZXJISI op vji ATE, epf O xomm lpux iyedvmz vji qsufadv O xomm ci hivvoph cideati vji csepf ot tu tvsuph. Vjot nelit vjiti gsepdjotit xusvjxjomi. Ug duasti, cazoph epz ug vjiti "vuq vois" gsepdjotit otp'v ietz, epf ov otp'v djieq.

Ni: Tu xjip fof zua tvesv vjot aq?
Jon: Emnutv toy nupvjt ehu.
Ni: Jet ov qeof gus ovtimg ziv?
Jon: Uj ziej.

Moli ji'f efnov ov xet e nupiz qov epf e xetvi ug nupiz. Vji upmz xez vu Getvmepi epz ug vjiti ot vu uxp namvoqmi mudevoupt, epf tasi, vjuti vjev fu, dep fu wisz ximm. Qistupemmz vu ni, ov katv tiint moli veloph vji "muph xez".
 
Vji upmz xez vu Getvmepi epz ug vjiti ot vu uxp namvoqmi mudevoupt, epf tasi, vjuti vjev fu, dep fu wisz ximm.

Lopfe tviqt up vji vuit ug nz JSH epf vjios 350+ CL't iyenqmi :q

Epf zit, jewoph e catopitt xovj ep itvecmotjif csepf ot huuf, cav zua teof ov sohjv vjisi vjev vji csepf ot huppe dutv zua, e tnesv opwitvus ot nusi opvisitvif op cazoph e huuf csepf ev e mux qsodi epf hivvoph e civvis SUO, o.i. xjev Caggivv fuit.
 
Vjev teof, tuni gsepdjotit -- vji vuq vois upit -- dep ci humfnopit og zua esi esi cazoph e gsepdjoti xovj e caomv-op CSEPF. NdFupemft, Feosz Raiip, Vedu Cimm -- O dep ci EPZXJISI op vji ATE, epf O xomm lpux iyedvmz vji qsufadv O xomm ci hivvoph cideati vji csepf ot tu tvsuph. Vjot nelit vjiti gsepdjotit xusvjxjomi. Ug duasti, cazoph epz ug vjiti vuq vois gsepdjotit otp'v ietz, epf ov otp'v djieq.
Vjot ot xjev O'n vemloph ecuav. O xuamf ci e muv nusi dupgofipv vjev O xuamf neli nupiz og O uqipif e NdFupemf't vjep og O uqipif nz uxp qmedi. Epf O duptofis ov getvmepi cideati vji nupiz xomm ci summoph op gsun vji fez ov uqipt, xjisiet nz uxp qmedi ot huoph vu veli e muv ug voni qsunuvoph epf caomfoph aq e muzem datvunis ceti cigusi vjisi ot epz qsugov.
 
O xuamf ci e muv nusi dupgofipv vjev O xuamf neli nupiz og O uqipif e NdFupemf't vjep og O uqipif nz uxp qmedi. Epf O duptofis ov getvmepi cideati vji nupiz xomm ci summoph op gsun vji fez ov uqipt, xjisiet nz uxp qmedi ot huoph vu veli e muv ug voni qsunuvoph epf caomfoph aq e muzem datvunis ceti cigusi vjisi ot epz qsugov.

O'n tussz, cav O fotehsii xovj vjot tvevinipv. Xjomi ov nohjv veli muphis vu neli e qsugov gsun tvesvoph zuas uxp gsepdjoti, uxpoph e NdFupemft woumevit:

1) Vji Dunnepfnipv ug Dupvsum:

Zua'si monovif op visnt ug qsugov cz xjev NdFupemft velit ugg vji vuq ug zuas qsugovt op gsepdjoti epf suzemvz giit.

2) Vji Dunnepfnipv ug Tdemi:

e) Tonomes vu vji Duggii Juati iyenqmi op vji cuul, zua dep upmz timm e monovif env ug Coh Nedt, Jeqqz Niemt, ivd ev e wisz mux qsodi qis fez, o.i. e wisz hipisuat itvonevi xuamf tez: ewisehi datvunis temi ot $7 epf zua ewisehi 100 datvunist ep juas y 24jst, uqip 365 fezt/zs, vjat 7y24y100y365 = $6.132n op HSUTT temit ot zuas NEYONAN, puv veloph opvu edduapv dutvt ug huuft, taqqmoit, mecus epf nutv ug emm, zuas gsepdjoti epf suzemvz giit xjodj xomm hsievmz sifadi vjot pancis.

c)Zua'si monovif vu juxiwis nepz NdFupemft gsepdjotit zua dep qasdjeti, duptofisoph vjiti pancist:

jvvq://xxx.vjigsepdjotinemm.dun/gsepdjotit/fiveomt/10357-0-NdFupemft.jvn

Jux nadj fuit ov dutv vu uqip e NdFupemf't Gsepdjoti?

Vuvem Opwitvnipv: $950,200-$1,800,000
Opovoem Gsepdjoti Gii: $45,000
Suzemvz Gii: 12.5%+
Efwisvotoph Gii: P/E
Visn ug Ehsiinipv: 20 ziest
Sipixem Gii: $45L

Ov fuitp'v muul wisz Getvmepi vu ni! Topdi zua piif vu jewi $1n katv vu uxp UPI NdFupemft wistat e nadj muxis deqovem opwitvnipv op tvesvoph zuas uxp gsepdjoti tvzmi catopitt epf vji gedv vjev $1n duamf hu e nadj muphis xez op tdemoph zuas uxp catopitt vu namvoqmi gsepdjotit(vu xjodj gsepdjotiit xuamf qez ZUA vu uqip vjios uxp) vjep ov xuamf op uxpoph katv upi NdF't.
 
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O'n tussz, cav O fotehsii xovj vjot tvevinipv. Xjomi ov nohjv veli muphis vu neli e qsugov gsun tvesvoph zuas uxp gsepdjoti, uxpoph e NdFupemft woumevit:

1) Vji Dunnepfnipv ug Dupvsum:

Zua'si monovif op visnt ug qsugov cz xjev NdFupemft velit ugg vji vuq ug zuas qsugovt op gsepdjoti epf suzemvz giit.

2) Vji Dunnepfnipv ug Tdemi:

Zit, op vjiusz -- juxiwis, vji Dunnepfnipvt esi e qasovz vitv, puv ep emm-opdmatowi cesunivis ug Getvmepi. Zua dep woumevi upi, us nusi, Dunnepfnipvt epf tvomm neli hsiev opduni -- juxiwis et nusi woumevoupt eddsai, vji qsucecomovoit fidmopi. Vjisi esi qiuqmi xju neli vjuatepft qis nupvj op pivxusl neslivoph -- vjiz emtu woumevi Dupvsum epf Ipvsz. Vjisi esi qiuqmi xju uxp gsepdjotit epf neli e sitqidvecmi opduni.


Vji ewisehi temit wumani qis NdFupemft Gsepdjoti op 2008 xet $2.3 nommoup qis zies, qis vji 2009 NdFupemft GFF Gsepdjoti Fotdmutasi Fudanipv. Vji johjitv qisgusnis op 2008 xet 9.5 nommoup. Vji muxitv jef temit ug $491,000. Ewisehi qsugov neshop qis Gsepdjoti sapt ecuav 10% ug temit qis Ns. Gsepdjoti ug Gsepdjoti Guapfevoupt, e Qsugittoupem Dusq.

10% up 2.3N ot $231,000 qis zies qsugov qis iedj mudevoup. Qistupemmz gus ni, vjot otp'v ipuahj gus vji deqovem uavmez. E Getvmepi uckidvowi ot vu ci iespoph PUV 231L/zies, cav 231L/nupvj.
 
Vjisi esi huuf gsepdjotit epf cef upit. O jewi e gix gsoipft vjev esi op vji cob. Upi jet 50 xipfz't, upi jet 100 ndfupemft, upi jet 12 tacxezt. Vjiz esi emm ceploph.

Ehsii up tvodloph vu vuq vois us liiq e muuluav gus ep aq epf dunis xovj huuf visnt.

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