Thinking About Success in Sochi and at Home

As I write this message, the XXII Olympic Winter Games are just getting underway in Sochi, Russia; as you read this, the games will have already concluded. You know which teams have been successful in their quest for Olympic Gold; I can only guess. There is a component of the Olympic Games however, that is…

Read More »

A Franchisee’s Challenge: Selling more coffee in an emerging market

While the Boston Crème, jelly-filled and glazed ring donuts fly out the door at the Dunkin’ Donuts in St. Joseph, Missouri, cups of fresh brewed coffee are still a slow seller. It’s the ongoing challenge for franchisee Dave Riggs, who opened the restaurant in 2012. “Making Midwest customers more aware of the high quality of…

Read More »

Tax Policies and Economic Outlook: How does your state rate?

Why does Utah rank on top in U.S. economic outlook, while Vermont is on the bottom? When you examine the tax policies of the United States, you can draw certain conclusions about how taxes and regulations impact small business owners. According to a recent study from the American Legislative Exchange Council (ALEC), a pro-business partnership…

Read More »
Photo by Caroline Cohen

Listening to the Community Before You Develop that New Store

It seems many towns are slowly turning back the clocks to recapture the days when everyone knew their neighbors, when block parties and pot luck dinners were the norm and, most importantly, when local stores were locally owned. Perhaps it’s society’s backlash to the proliferation of social media, online shopping and big-box retailing. West Orange, NJ –…

Read More »

Franchisees Could Receive Money from Interchange Fee Settlement

In what was billed as the largest private antitrust settlement in American history, credit card giants Visa and MasterCard have agreed to a $5.7 billion dollar settlement to a class action lawsuit brought by retailers who claimed the companies conspired to fix the interchange fees retailers are charged when customers pay with credit cards. The…

Read More »

The Qualified Franchisee DD Trust

Franchisees are generally familiar with the use of trusts in their estate planning process. Some of the benefits generally sought by use of trusts include the efficient passage of assets upon death, potential tax savings, avoidance of a lengthy and sometimes costly probate proceedings, privacy, and the maintenance and control of the grantor of decision…

Read More »

Preventive Maintenance

With the New Year just around the corner, many begin to think about what resolutions they should make. Last year, I resolved to get my arms around maintenance of our network’s equipment. In my first year as a franchisee, I had my service tech’s phone number on speed-dial. In fact, he probably took his family…

Read More »

Superstorm Sandy Opens Opportunities for Growth in the Rockaways

Nobody ever thought it would happen. After all, hurricanes aren’t supposed to hit Queens, New York. But in October, 2012, Hurricane Sandy had a mind of its own. This Category 3 Superstorm became one of the most deadly and destructive hurricanes of the Atlantic season and the second costliest hurricane in United States history, to…

Read More »