Archive for Author 'John Santiago', only excerpts shown, click title for full entry.
It seems these days the frustrations are mounting for franchisees. From accounting to deliveries and everything in between, the problems appear to be growing and franchisees are having a harder time operating their stores to their full moneymaking potential. I have been hearing from franchisees across the country that they are spending more time […]
During the last eight or nine years, most of the presentations in high level or quarterly sales meetings have in some way focused on how to increase fresh foods sales by keeping the right product mix according to store needs. Also during these meetings attention is drawn to the drop in cigarette sales, even […]
August 10, 2012 (Tucson, AZ) – The National Coalition of Associations of 7-Eleven Franchisees (NCASEF) announced today that their 38th National Convention and Trade Show will be held July 14-18, 2013 in Las Vegas, Nevada at the famed Venetian. Vendors, store owners and their families are all encouraged to attend. More than 70 major sponsors […]
Tucson, AZ (August 2, 2012) – The National Coalition of Associations of 7-Eleven Franchisees announced that it has raised $410,000 for two charities during its 37th National Convention and Trade Show held in Honolulu last month. A total of $340,000 was raised for Hire Heroes USA, a non-profit organization offering transition assistance, job search assistance […]
As small businessmen, 7-Eleven franchisees are constantly at risk of new legislation and government rule-making that affects our businesses. For the National Coalition, the big value of getting involved in legislative activities is the opportunity to help our FOAs influence legislation not only at the national level, but more importantly at the local level […]
Once upon a time a 7-Eleven franchisee could make a very decent living from one store. These days, however, certain policy changes—like sharing the credit card fees, the change in the gasoline commission, a 20 percent franchise fee to renew our contract—have chipped away at our income. When SEI became determined to grow, they […]
The one constant in all store agreements since 2004 is that if certain conditions are met, a franchisee may renew the franchise “for one term equal to the number of years of the initial term provided for in our then current Store Franchise Agreement.” As an example, and assuming future versions of the agreement […]
Tenured franchisees remember the good ol’ days, when communication between storeowners and SEI personnel—whether it was the field consultant, the merchandising staff, the audit department, the maintenance department, or clerks from the accounting department—was face-to-face, or at the very least voice-to-voice, via the telephone. This allowed for two-way communications and led to more complete […]
SEI is rolling out the new DVR surveillance system to all 7-Eleven stores, and it appears that the transition is not going smoothly for franchisees who have installed their own security systems over the last several years rather than wait for SEI to upgrade the old VCR-based system. The problem these franchisees are facing […]
As we all know, SEI maintains our bookkeeping as part of their contractual obligation to franchisees. For our part, we have to furnish different kinds of cash and credit purchase invoices, receipts and bills for operating expenses, and payroll information to complete the process. Under the Franchise Agreement, storeowners may perform or obtain any […]
