Multi-Unit Franchisee Report
Wednesday, November 4, 2009
RUNNING THE NUMBERS
 

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Employee Values: The Secrets for Giving  Feedback to Millennials

Like the rest of Brian Castro's help desk staff, his Millennials are excellent at solving difficult computer problems, usually under a critical deadline. Overall Brian, a Baby Boomer, is pleased with his new hires and tells them just how much he values them. That's why Brian was shocked when his most promising Millennial showed up at his office Monday morning and announced that Friday would be his last day.  READ MORE.

FRANCHISEE CASE STUDIES
Turnaround Player:  Transforming Low Performers Into Franchise Leaders

Glen Helton's lifelong career in franchising began as a teen with his first job at a Burger King in Fayetteville, N.C. Today the Texas native is president and COO of Strategic Restaurants Acquisition Corp. (SRAC), which operates 271 Burger Kings and 17 T.G.I. Friday's across 9 states. READ MORE.

Facebook Opening

Tasti D-Lite's coming to Arizona...and Facebook is helping spread the news. Jonathan Kaufman is the area developer and multi-unit franchisee for the state, where he's scheduled to open more than 40 Tasti D-Lite units. But it's his first store opening that has kept him busy this fall and Facebook has been one of his strategic marketing tools. READ MORE.

EXIT STRATEGIES
How to Sustain Your Business growth So You Can Exit Successfully

Robert came to us to help him develop a 5-year Transition Growth Plan so he could sell his company and retire. He had high expectations for what the sale would net him financially, based on his presumed growth rate. Unfortunately, his presumptions were well beyond business reality. He had never utilized a written strategic growth plan or a business model innovation program. And the stagnant state of affairs which made up his company were proof of this.  READ MORE.

FINANCE
Capital Access

Gaining access to and securing capital is more important for franchisees today than ever. Every week we talk with multi-unit franchisees about how they are growing and the kind of financing it takes for them to achieve their goals and objectives. It's an important topic and sometimes we get some very candid responses.  READ MORE.