Archive for Items Categorized 'Avanti Magazine', only excerpts shown, click title for full entry.
Just over one year ago, SEI introduced its reorganization program, called Project E, to their employees and the franchise community. With the announcement came promises of streamlined communication to handle payroll, merchandise accounting, and other financial accounting issues; faster response to issues and cases submitted via the CHD process; and access to merchandising personnel […]
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 […]
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 […]
The truth about the technology all around us today is that it is here to stay whether we like it or not. The younger generations—Generation X, Millennials—and even baby boomers do everything on their smart phones, tablets and computers, from communications to television, to reading books, to shopping online, to boarding an airplane. Anyone […]
