Archive for Items Categorized 'Avanti Magazine', only excerpts shown, click title for full entry.
Eric H. Karp, Esq., General Counsel TO NCASEF In Chapter 2, I explored the implications of the $21 billion acquisition of Marathon Petroleum Corporation’s Speedway business. Among the issues we observed was that the interests and concerns of franchisees in regard to this transaction were invisible, not only to the parent company of your franchisor […]
By John Harp, CSP, ARM, Risk Engineering Consultant WHAT IS WORKERS’ COMPENSATION INSURANCE? Workers’ compensation insurance is protection for people who get injured or become ill during the course of their employment. It can be the result of an accident—like hurting their back lifting a case of water—or being injured during an assault. Workers’ compensation […]
BY JAY SINGH, CHAIRMAN, NCASEF Of the three different types of 7-Eleven stores—traditional, acquisition, and Business Conversion Program (BCP)—acquisition stores that come with brand name gasoline like Exxon or Chevron seem the most troublesome to operate. The reason being that these stores are not fully integrated into 7-Eleven’s electronic system and the franchisee often ends […]
ERIC H. KARP, ESQ., GENERAL COUNSEL TO NCASEF For several years, SEI and its publicly held parent company have been on something of a buying spree of gasoline based assets. As far as we know, this trend began in December 2010 with the acquisition of 183 properties from Exxon Mobil Corporation in Florida, followed by […]
BY PAUL LOBANA, NCASEF VICE CHAIRMAN, PRESIDENT, SOUTHERN CALIFORNIA FOA According to our new contract, payroll is now the franchisee’s responsibility. This effectively transfers payroll processing from SEI to a third party provider, either ADP or Payality. There’s a very simple reason our franchisor made this change: they don’t want to be perceived as a […]
BY JAY SINGH, CHAIRMAN, NCASEF Having served on the National Coalition’s Executive Board for over a decade, I’ve had the chance to visit a lot of trade shows, charity golf outings and general meetings organized by local FOAs. All of these events, as well as our annual National Coalition convention and trade show, are made […]
BY PAUL LOBANA, NCASEF VICE CHAIRMAN, PRESIDENT, SOUTHERN CALIFORNIA FOA With the minimum wage increasing in cities and states across the country, it is becoming very difficult for many of our stores to remain profitable. While the NBLC has been presented data on the factors affecting our bottom line, SEI hasn’t done much to help […]
By Jack Rugen, Soundwave, Former President, United Franchise Owners of Long Island New York I had been a part of this franchise system for over 30 years until early this year. I sold my store and am happily retired. In the ‘80s after the Thompson brothers left, the system was simple, one-dimensional and felt more […]
John Harp, CSP, ARM Mitsui Sumitomo Insurance Group Employee turnover and inadequate training directly affects your bottom line and can be a struggle for the best of c-stores. Effective training leads to a more successful employee who is safer and is more comfortable with customers, resulting in improved sales and lower costs. Ineffective training can […]
BY MICHAEL JORGENSEN, EXECUTIVE VICE CHAIRMAN, NCASEF Many of you have seen the photos or read the press releases and coverage on 7-Eleven’s new “lab store” in Oak Cliff, Texas. The idea behind the “lab store” is to test new and different ideas and to identify what resonates with our customers. This is not the […]
