FRANCHISE GROWTH MASTERMIND: GREAT …...Improving Franchisee Unit Level Economics 2. Role of...
Transcript of FRANCHISE GROWTH MASTERMIND: GREAT …...Improving Franchisee Unit Level Economics 2. Role of...
The Internicola Law Firm, P.C. is a specialized franchise and business law firm that represents entrepreneurs, franchisors and businesses throughout the nation. Our clients are innovative entrepreneurs who are intent on changing lives and growing their businesses.Entrepreneurs Kick Ass® - every day our nation is made better by the hard work, dedication and generosity of our nations entrepreneurs. Second only to our servicemen, servicewoman and first responders, entrepreneurs are heroes (politicians are not).
The Business and Franchise Law Report is a publication of The Internicola Law Firm, PC, all rights reserved. This publication is intended to educate the general public and is not intended to be legal advice nor create an attorney client relationship.
ABOUT THE INTERNICOLA LAW FIRM, P.C.
email [email protected] | web www.BusinessandFranchiseLaw.com | tel 800.976.4904
FRANCHISE GROWTH MASTERMIND: GREAT BRANDS WORKING TOGETHER
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Charles N. InternicolaBrian A. Lincer
...What differentiates franchise systems that launch and
languish to the ones that grow?
...What differentiates franchise founders and leaders that
change lives from those stuck at the execution level?
...What differentiates a thriving brand and system from one
that is static and like the many others?
...What is the path for franchise success?
Answers to these questions are not found on a piece of paper,
in a book, a report or in a speech written by an “expert”. The
answers are found in our experiences as entrepreneurs and
franchisors and the continuous process of learning from our
wins, losses, setbacks and achievements.
Since the “answers” are found in a life-long process and
journey, then what better way to accelerate the growth and
development of our own businesses and franchise systems
than sharing these experiences with other like-minded
franchisors and learning from one another? Such is the
premise and power of the “Mastermind” that Napoleon Hill
SCALING UP
volume 4 | issue 7
Discussions at the Franchise Growth Mastermind
championed in his 1937 book “Think and Grow Rich”.
So, this past September after about a year of planning I am glad to report
that The Internicola Law Firm and 1851 Franchise launched the first ever
Franchise Growth Mastermind event in New York. The meeting
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About the Franchise Growth
Mastermind
The Franchise Growth
Mastermind was established
by Charles N. Internicola of the
Internicola Law Firm and Nick
Powills of 1851 Franchise to
create valuable conversations,
relationships and insights
into franchising and franchise
success.
The Mastermind evolves and it’s
value comes from its members
and a genuine willingness to
share and help one another.
Visit:
franchisormastermind.com or
call (800) 976-4904 and ask
about the Franchise Growth
Mastermind.
ENTREPRENEURS KICK ASS® Business and Franchise Law Report | Volume 4 Issue 7
—continued from page 1FRANCHISE GROWTH MASTERMIND: GREAT BRANDS WORKING TOGETHER
was a first of its kind Mastermind by
franchisors dedicated to franchise
success. The success of the meeting
had everything to do with the
incredible franchise founders and
leaders - representing over 11 great
brands (small and large) - who
attended and willingly shared their
experiences, know-how, struggles
and strengths in a two day closed
door working meeting. On a personal
level I left with about 15 pages of
ideas to implement, next quarter goals to achieve and, most important, direction and a plan of
action. Best of all, I got to spend time with some inspiring people that I am glad to call friends.
Throughout the meeting a common theme that became clear to me was that franchise success is
not a function of doing everything right (no one does) but rather is a function of and a testament
to the founders, leaders and support teams that stand behind the brand and franchise system.
Everyone acknowledged
mistakes they have made,
questions that remain
unanswered but for
each and every member
there was an unwavering
commitment to consistent
and continuous system
improvements.
Connecting the dots as
to the success factors
behind these brands
the one absolutely clear
success point is the fact
that for each of these
franchise leaders, they each know their “why” and, most important, their “why” is not just about
business success but also improving lives (their own, their families, their team members and their
franchisees) and leaving a legacy.
Dinner at Penthouse 808, Queens, NY
Franchise Growth Mastermind with Mr. Met at Mets vs. Braves game
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LEARN MORE
3www.BusinessandFranchiseLaw.com
LEADERS THAT ATTENDED
• Kevin Wilson, Buzz Franchise Brands (buzzfranchisebrands.
com)
• Robert Maynard, Famous Toastery (www.famoustoastery.
com/franchise/)
• Mario Costanz, Happy Tax (gethappytax.com/)
• Scott Thompson, Jan-Pro (jan-pro.com/franchising/)
• Michael Mabry, MOOYAH (mooyahfranchise.com)
• Corey Bowman, Pita Pit (pitapitusa.com/franchise/)
• Laura Coe, Snapology (snapologyfranchising.com)
• Jason Mazzarone, Super Bowls (superbowlsfranchise.com)
• Ryan and Ken Parsons, The Brothers that just do Gutters (brothersgutters.com/franchise-opportunities/)
• Bryan Klein, The MAX Challenge (themaxfranchising.com)
• Jeff Panella, Wireless Zone (wirelesszonefranchise.com)
Since the meeting was closed door, I can’t go into specifics but
can share the overall topics that we did a deep dive into:
1. Improving Franchisee Unit Level Economics
2. Role of Brokers in Franchise Sales
3. Cost-Effective Franchisee Attraction
4. Lead Conversions
5. Building a Team for Growth
After working through these challenges our members discussed
their own brands, their unique selling proposition, their brand
positioning and their brand stories. The meeting left off with
each members goals for implementation before our next
quarterly Franchise Growth Mastermind meeting. (By the way,
the meeting was not all work and some of the most impactful
conversations occurred over dinner, in cabs traveling through
Queens, New York and at the New York Mets game.) Thank you to all of our founding members.
To learn more about the Franchise Growth Mastermind, future
invitation only events and whether or not your brand may
benefit from membership, visit franchisormastermind.com.
WE LOVE HEARING FROM YOU!Seriously, we do. Here are just two of our favorite shout-outs
from outstanding business-women! Thank you!
Follow us on social media to see what our kick ass clients are
up to!
The Internicola Law Firm, PC @entrepreneurskickass @FranchiseLawyer
Lizzette Pagan, Lizzmonade
Michlyn Gazaway, Otium 30a
“Often imitated but now we can NEVER be duplicated - #keeptryingthough #registeredtrademark Handling official business like a pro. got the best attorneys defending our brand @entrepreneurskickass (yes that is their handle for real)...”
“If you are interested in growing your business, protecting your brand or have been approached by potential franchisees - this firm provides phenomenal counsel in Business and Franchise Law...We are beyond impressed! Big shout out to The Internicola Law Firm! Thank you for believing in our brand and helping us grow with grace.”
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CONNECT WITH US!
1000 South Avenue | Suite 104Staten Island, NY 10314
1.800.976.4904www.BusinessandFranchiseLaw.com
I N T H I S I S S U E
Franchise Growth Mastermind: Great Brands Working Together
Insights from our meeting
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As we conclude Q4 of 2016, are you planning for growth in 2017?
Entrepreneurs drive our nation forward - not politicians. This past year we have
seen our clients grow their franchise systems. Now is the time to plan out 2017
and align your system with the right goals and team to support and help you
GROW.
We would be glad to have the opportunity to learn more about your franchise
system and how we can help you improve your bottom line and grow a better
franchise system.
Call us at (718) 979-8688, ask for Samantha and let’s speak.
Business Growth in 2017
Let’s plan for 2017
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We Love Hearing From You!
Our #EntrepreneursThatKickAss
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Action is the foundational key to all success.”“—Pablo Picasso
FORGET THE ELECTION: GROW YOUR BUSINESS
GROWING YOUR BUSINESS IN 2017
Franchise Registration Map + details about filing, pricing and more: bit.ly/FDDRegistrationList