Archive for Author 'Toni Antonetti', only excerpts shown, click title for full entry.

Staying On Top Of Your Store’s Financials

By Raj Singh, NCASEF Vice Chairman Franchisees should review the following reports on a daily, weekly, and monthly basis in order to analyze how your store is performing and to identify opportunities for improvement. All the reports mentioned below can be accessed on 7-Report.   REPORTS TO MONITOR DAILY DMR—Daily Merchandise Report This report provides […]

The Value Of Franchisee Community Engagement

By Joe Rossi, NCASEF Executive Vice Chair Now that we’ve made it past the 100 Days of Summer, it seems apt to step back and assess not just our individual accomplishments but also our collective gains as part of the 7-Eleven franchisee community. We’ve weathered many storms together, including the impact of COVID-19 that disrupted […]

Transfers

By Eric H. Karp, Esq., General Counsel To NCASEF In the last issue of Avanti, we explored the turnover rates of franchised stores, which includes terminations of franchise agreements, non-renewals, repurchases by the franchisor, and abandonments of stores by franchisees. That examination did not include transfers in the calculation of turnover rates. In an excellent […]

Overcoming Our Labor Recruitment & Retention Obstacles

By Sukhi Sandhu, NCASEF Chairman In an increasingly competitive labor market, the battle for reliable employees is growing fierce. The stakes are high, with a constant surge in the employment rate and heightened competition for quality labor. This is especially significant for our stores, where maintaining a consistent and reliable workforce is pivotal to our […]

The Importance Of Engaging In Legislative Matters

By Joe Rossi, NCASEF Executive Vice Chair Managing a convenience store is about more than ensuring shelves are stocked and customers are served. It’s also about actively participating in the legislative landscape at both the local and national levels. Our operations can be significantly affected by changes in legislation, such as tobacco flavor bans, credit […]

Franchisee Turnover

By Eric H. Karp, Esq., General Counsel To NCASEF The United States Federal Trade Commission Franchise Rule requires all franchise companies to annually disclose not only the number of franchised locations they have, but a variety of other data regarding increases or decreases in the number of franchised locations and the reasons for those changes. […]

Unlocking Success Through Collaboration

By Sukhi Sandhu, NCASEF Chairman As a 7-Eleven franchisee in California, I’ve experienced first-hand the challenges that our stores have faced due to the recent tobacco flavor bans in our state. The impact on our traffic count has been significant, as these bans not only affected our cigarette and tobacco sales, but also the sales […]

The Benefits Of Joining Your Local 7-Eleven FOA

By Joe Rossi, NCASEF Executive Vice Chair In our fast-paced and competitive industry, it is vital to seek support and resources to maintain a thriving enterprise. As a 7-Eleven franchisee, joining your local Franchise Owners Association (FOA) can provide numerous benefits that will contribute to the growth and success of your store. I cannot emphasize […]

Thoughts While Shaving

By Eric H. Karp, Esq., General Counsel To NCASEF In this message, I pay homage to the late and great Boston Globe sports columnist and editor Ernie Roberts, the progenitor of “Thoughts While Shaving.” As a teenager, I very much looked forward to his columns on the left-hand side of the first page of the […]

Brand Unity At Its Finest

By Sukhi Sandhu, NCASEF Chairman After a two-year hiatus due to the pandemic, the 7-Eleven Experience came back bigger and better than ever before! Held at the MGM Grand in Las Vegas, the event showcased the best of what 7-Eleven has to offer. It was amazing to see everyone—all the stakeholders and partners—coming together for […]