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Do you have a sample copy of a harassment policy for employees to sign? Or can you tell me where to get one?
You the best William thanks JM
Opportunist/investor -William says:
Your comment is awaiting moderation.
July 14, 2016 at 9:45 pm
I looked into buying a few UPS store franchise in Montana, but after meeting with the owner of Montana area ( Brad ) and talking to his franchisees who are not happy with the way that corporate was squishing the profits out of them. I found out that corporate UPS is doing most if not more of what the previous commenters mentioned.
I’m a very successful experienced franchisee looking for opportunities but a UPS Store in Montana is no win situation. Good luck
You should band together and initiate a class action suit. Darwin pays himself first, always.
Yea it's very popular and the only competition in Massachusetts besides Starbucks
They say there is two sides to every story so let's here Foot Solutions reply.
I am looking for information on KLA preschools/childcare franchise. They are a fairly new company, started in Miami, FL.
I feel confused about the advertisement fees required in FDD. Will we know how the contribution is used? And is it true our contribution will only be used for promotion in local markets? Does every franchisee contributes the same rate?
Thank you for answering the question!
We are a group of volunteers and starting a new initiative in a community. Your blog provided us valuable information to work on. You have done a marvellous job!
Look up "The Local Door Coupons" , doorcoupons.net its a similar concept without having to do come up with all the content for a newspaper. impressive profit margins.
filta allows more than one van in the territories you couldnt grow your business if you could only use 1 vehicle in a territory that has 100's if not thousands of potential customers.
plus 7/11 operates the same they lease you the use of everything in the store, the only equipment owned by a 7/11 franchisee is the byuilding and the built in cooler. ever notice everything in the store is on wheels, well the shelves arent... kfc the colonel used to take his pots away from franchisees that werent adhering to his standards. filta does seem to be a bit expensive but with hard work and good people skills you should do good with it. also they discourage people from being 1 truck territory as they dont make as much money when you have a truck that can only handle 6-8 accounts a day 5-6 days a week and most of those are twice weekly visits.
unfortunately the filta shuttles do not include a locking lid...
I too am wondering if others have anything better to say now that it is 2016. Or if you bought the franchise and have any opinions now.
Our franchise is over 10 years old. We have under 100 franchisees in the system, however just a few years ago, we had over 200. The founder blames the lack of growth on some franchisees who, historically, badmouth the franchise for lack of execution, common system/products, marketing and growth.
I'm specifically, I'm concerned about growth. The founder is in his 70's and at the tail end of his business career and enjoys exploring other ventures. Since 2010, the franchise has closed more stores than opened and we continue to lose more stores every year. Other than "throwing our name in the hat" with business brokers, there is no plan for growth or resources committed to growing the brand. Our investment as franchisees depreciates every year with each store closing.
Many franchisees left the system and have gone off on their own as there is nothing proprietary or unique about this business.
There's an old saying in business, "once you stop growing, you're dead". Any recommendations for us or other franchises in similar situations?
No Growth, No Glory
In response to your post: Just curious, are you still in business?
I respectfully tell you that even though you are a customer who spent $400, you have no clue what it is like to be an owner of this franchise. When we bought our FS franchise there were over 250 stores worldwide. We were sucked in by promises of a "system", advertising, research numbers, etc. You have to pay for all of your own advertising and corporate provides none - at least not in ways that the average Joe would see. One bright idea was to market to "little people". We were on the TV show "Little People, Big World" and corporate made them orthotics and shoes. They spent lots of money on that, I can tell you. We were advised to make appointments in the evening after closing for the "little people" because they don't like to be stared at, and various other advice. Do you think that that was our true target market? Not deriding "little people" but I have not actually seen such a person where I live. Our market is diabetics and arthritics. You can work until you are numb and if people don't know who you are, it doesn't matter. I did diabetic talks at the local hospital every month, all of the health fairs, advertised in all the newspapers, advertised at the local movie theater, had a 30 minute infomercial, was accredited for medicare diabetic shoes/orthotics, etc. I loved my store and my customers. We got awesome reviews. It wasn't enough. You have to also have a national presence from your corporate office like a commercial that catches attention during TV viewing. Local advertising wasn't enough. We did the business the way the franchisor told us to. In fact, our Field Op told us we were doing everything right, but that Ray had a specific mindset on how to promote the business and it wasn't going to change. After 5 years of not taking a salary and putting money in every month from our line of credit, I had had ENOUGH. How dare you accuse people of not doing their research, due diligence and prepare to work hard! I did all of that. You got all of your "knowledge" of the franchise by being a customer. We all gave our customers that glowing experience because that's what kept us alive, and also made us get into the business to begin with. I'll tell you what. Why don't you buy a franchise in your local area and give it a whirl and post your success story here. Oh, and get Ray to discuss why working in corporate is like being in a revolving door. Every person that has been hired and told to the franchisees to be "the person who is going to bring us to the forefront" lasts no more than a year, and then another person comes in with their way to save the company. They are down to a handful of people compared to what were there when we had our store.
Do not sign a temporary shut down agreement. They'll try to get you to sign a contract that is a temp shut down so you need not pay fees but said contract prevents you from any recourse. Since they force you, illegally, to use their suppliers, which are sub-par at best, the quality of the work destroyed my reputation in my whole region and I had a decent pipeline of clients. I mean, look at their own site. The case studies and testimonials are outdated, broken links, or companies who no longer use WSI. A marketing company that cannot even market themselves.
When I was struggling with minimum sales to pay minimum royalties, WSI paid me in "IC Mikes" basically points to pay off my feed to talk to prospective investors and tell them how wonderful it was. I feel horrible I even did so but I had no choice as I needed to pay my monthly $625 ($300 royalty and $325 access to "marketing" and software (which their CRM I can get on my own for $30/month and their WebScan is nor proprietary as they tout and there are free apps to do the same stuff)). It's all a scam. I got a list of franchisees to call prior to investing and I realized it was their five success stories. I demanded a more thorough list from the FranNet consultant I used to look into businesses and now realize even if they were failing, they were likely paid to paint a rosy picture.
That's better odds than it really is
The costs put you out of the market. The restrictions of trying to separate yourself from other franchisees are like a noose. Look at their own site and case studies. Those companies they use as case studies don't even use WSI anymore or links are broken. They can't even maintain their own site!!!
All they're revenue is from selling franchises and there is no support or development of existing.
I think it all depends on what you signed in your contract. In own contract that I saw it stated this:
“This Agreement and Exhibits hereto contain the entire understanding of the Parties and incorporates and merges herein all prior oral or written, expressed or implied conditions, agreements, contracts or understanding of parties”.
So want every was said before the signing of this contract doesn’t mean anything. You go back and read threw the agreement.
Should I be concerned? The ownership of a franchise I am looking at was sanctioned bt SEC?
Don't know if it impacts franchisee support or relations?
I am a newbie wanting to get in the business and wondering if a franchise is a good idea ?
Or what is a better option?
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