Archive for Items Categorized 'Avanti Magazine', only excerpts shown, click title for full entry.
ERIC H. KARP, ESQ., GENERAL COUNSEL TO NCASEF SEI, having placed a figurative gun to the head of thousands of hard-working franchisees, and having succeeded in forcing them to sign an early renewal franchise agreement, cannot escape a close examination of what that agreement will do down the road to store level economics. As Supreme […]
BY JAY SINGH, CHAIRMAN, NCASEF The National Coalition began in 1973 when six store owners got together for a basement meeting in Seattle to talk about 7-Eleven and its problems and opportunities. The company at the time had 3,537 stores, 36 percent of which were franchised. Now, 45 years later, we virtually have written the […]
BY MICHAEL JORGENSEN, EXECUTIVE VICE CHAIRMAN, NCASEF When our current President and CEO returned to 7-Eleven 14 years ago to take the helm of the organization, he began a campaign to break down the “silos” that existed within the company. The online Business Dictionary defines a silo mentality as: “A mind-set present in some companies […]
BY AJINDER HANDA, NCASEF VICE CHAIRMAN, PRESIDENT, GREATER SEATTLE FOA In any business, there are three ways to make money: by increasing sales or gross profit, by decreasing expenses, or by cutting corners. 7-Eleven franchisees are not able to increase sales and GP due to the lack of a sufficient and effective advertising program, or […]
BY NICK BHULLAR, NCASEF VICE CHAIRMAN As we all get ready to go into the new year, I find that there could not be a better time to take a close look at the year we have had and to get inspiration for what we could do better in the new upcoming year. Needless to […]
BY JAY SINGH, CHAIRMAN, NCASEF For 43 years, the National Coalition has intended to be the voice of 7-Eleven franchisees. We have sought to represent the interests of the average franchisee, to be a place for networking, and a source of information for everyone. Now on the eve of signing the largest and most comprehensive […]
BY MICHAEL JORGENSEN, EXECUTIVE VICE CHAIRMAN, NCASEF I recently watched a youTube video that someone had shared of the Australian Parliamentary Joint Committee On Corporations and Financial Services inquiry regarding the operation and effectiveness of the Franchising Code of Conduct. The Australian government is taking a hard look at the franchising model and the various […]
BY AJINDER HANDA, NCASEF VICE ChAIRMAN, PRESIDENT, GREATER SEATTLE FOA Not too long ago we used to generate more profit at our stores thanks to traffic drivers that helped us maintain our customer counts and margins. But lately, it seems like our whole store is on promotion. In the last three to four years, I […]
ERIC H. KARP, ESQ., GENERAL COUNSEL TO NCASEF This one word encapsulates my view of not only the 2019 franchise agreement, but the deeply flawed and contrived process that led to its issuance. I have been practicing franchise law for more than 40 years. I represent many national franchisee associations. As part of my practice, […]
BY JACK W. RUGEN Former President UFOLINY Have you heard the story of the old farmer who was on the verge of death and confronted his three sons? His sons used to quarrel a lot among themselves. One day, he called all his sons and gave a stick to each one of them to break, […]
