Archive for Items Categorized 'Avanti Magazine', only excerpts shown, click title for full entry.
June 27, 2016
In the last two months franchisees throughout the country, with help from corporate, have placed a lot of emphasis on hot foods. We all understand this is the direction 7-Eleven is going, because it will help us remain competitive. The question that arises in the midst of all this activity is how effective is […]
June 27, 2016
For hundreds of years, social scientists have debated the nature versus nurture conundrum. Are we a product of our DNA and the genes we inherited from our ancestors, or are we the product of the environment that raised us, including the influence of our family, teachers and friends? Or both? As lawyers, we are […]
June 27, 2016
“To be, or not to be…” is the opening phrase of a soliloquy in the “Nunnery Scene” of William Shakespeare’s play, Hamlet. In the speech, a despondent Prince Hamlet contemplates death and suicide while waiting for Ophelia, the love of his life. I have not submitted articles to Avanti for several issues. This was […]
June 27, 2016
SEI’s current business model is badly in need of repair, especially for owners of low-volume stores. We are facing a very bleak future as the world rapidly changes around us and we barely manage to keep up. If 7-Eleven is to remain the top c-store chain in the country, we need a system that […]
May 2, 2016
Being a 7-Eleven franchisee means the primary service we provide is convenience. Our stores are known as the place our guests could come to pick up whatever they need—from food items like milk and bread to coffee, cigarettes, beer, snacks, and much more—24 hours a day. However, as economics and times have changed, we […]
May 2, 2016
At the February 2016 Board Meeting of the National Coalition, Greg Franks, Vice President of Franchise Systems, and his team made an extensive presentation regarding the 2019 contract. He emphasized what everyone in the franchise community knows, which is a very high percentage of all franchisees in the system will face renewal of their […]
May 2, 2016
The $15 minimum wage is fast becoming a reality in many states, and $12 per hour will eventually become the federal standard. Seattle, Los Angeles, San Francisco and just last month, the entire state of California, committed to $15 per hour minimum wages phased in over a number of years. In all, 14 states […]
May 2, 2016
At the February 15-18 National Coalition Board meeting in Monterey, 7-Eleven, Inc. VP Greg Franks gave a presentation on the development of the 2019 contract to 78 assembled presidents and vice presidents representing the 43 Franchise Owner’s Associations around the country. It was the first time SEI has spoken about the 2019 contract at […]
February 25, 2016
In December, we had more stores reporting a decline in gross profits than in previous months. I asked some franchisees what they thought could be the cause of this decrease and one of their responses was, “We have too many promotions.” While it is true that we need promotions to help drive traffic into […]
February 25, 2016
We as franchisees face many different issues on a day-to-day basis while operating our stores. Many are between us and SEI in relation to the operation of our stores, compliance with new sales plans, cleanliness, various policies adopted by SEI, shared responsibilities … you name it and differences can arise on any issue. Most […]