Yukon Territory Feature Articles

Looking for a franchise opportunity in Yukon Territory? Whether you're a first-time business owner or a seasoned entrepreneur, Yukon Territory offers exciting potential for franchise success. From food and beverage to retail and services, the diverse economic landscape in Yukon Territory is ripe for franchise opportunities. Explore the best franchise options today and take the next step toward business ownership in Yukon Territory.

Informative articles to support business buyers, franchisees, and franchisors in Yukon Territory.

Validation: Getting It Right: Making the Most of this Highly Influential Step

Franchisee validation can make or break your franchise sales. Pow! Just like that and a once-supercharged prospect can deflate to nothing in 24 hours, bailing out of your process instantly. Validation is the most influential stage in the selling process. What franchise owners say means far more than what corporate sales execs tell them. Franchise operators are "doing it," and it's their experiences that count foremost to cautious buyers.

Steve Olson
5,259 Reads 110 Shares

Brand Diversity: The Growing Allure of Operating Several Concepts

Franchising continues to grow--not only in size, but in complexity--and in recent years, a huge part of that growth is attributable to multi-brand franchising.

Multi-Unit Franchisee
6,280 Reads 212 Shares

Expansion-Minded!: Multi-brand Franchising Continues to Gain

Multi-unit franchising is one thing. Multi-concept franchising is something else entirely. Nevertheless, it's a place--and a choice--that many franchisees love, and where they excel. These determined operators look for growth opportunities and potential across several concepts, sometimes in wildly different sectors. The multi-concept franchising model offers power in numbers (units, brands, territory, and income potential), as well as the security of spreading their risk across different concepts in a diversified portfolio.

Kerry Pipes
9,051 Reads 1,023 Shares

Mythbusting: Separating AR Facts From Fictions

In a recent conversation with a franchisor, a comment was made that the area representative (AR) franchise expansion model is costly to implement and difficult to manage. When I asked a few questions seeking more specific details, I found that perceptions do not always reflect reality

Marvin Storm
3,986 Reads 23 Shares

Leasing Instructions: A Frank Talk with The Lease Coach

Restaurant franchisees gathered in New York last month for the International Restaurant & Foodservice Show. The event typically attracts restaurant owners and partners (34% of attendees last year were from the restaurant industry and 40% of these individuals were managers and key decision makers) who come to bone up on the latest strategies, techniques, and technology. There's always plenty to see and do at the event.

Rick Lauber
7,219 Reads 259 Shares

Building an Empire on a Borrowed Foundation

Contract negotiations are usually about the relative value of "things." Each party seeks the highest value for their "thing" while downplaying the value of the other's "thing." Negotiations around those "things" are particularly difficult in international franchise transactions where relationships can span generations, territories can include entire countries, and the franchisor's system is at the core of the franchisee's business. In other words, the franchisee will set out to build an empire on a foundation it only borrows from the franchisor. That fact critically shapes the parties' negotiations.

Michael Daigle
5,641 Reads 36 Shares

Renewing FDDs: What Franchisors Should Consider

For many franchisors with a December 31st fiscal year, now is the time to start preparing to renew their franchise documentation. The FTC rules require that the franchise disclosure document (FDD) must be updated within 120 days of the expiration of a franchisor's fiscal year. Registration states, such as New York, have an identical requirement. As a franchisor prepares to do so, that process presents an opportunity to review and improve franchise documentation, particularly the franchise agreement.

Terrence M. Dunn
4,854 Reads 1,021 Shares

Whatever It Takes!: Smoothie Operator Flourishes in Florida

Jason Mann learned early that a career in advertising sales could get you just so far in life. And he wanted to go much, much further. So in 1999, at the age of 30, Mann stepped out of his sales role and joined forces with his father to enter the franchising business.

John Carroll
15,053 Reads 1 Shares

Discovery Day: Preparation and Checklist

This is the last of three parts about how to maximize the effectiveness of your Discovery Day. Companies schedule Discovery Days in different ways: once a month, once a week, or anytime a candidate can make it! As your system grows, you'll be forced to schedule more frequent and specific dates so you don't overtax your home office resources. But sooner is better. Like a cold steak, your opportunity can lose its sizzle the longer the wait for Discovery Day.

Steve Olson
9,803 Reads 13 Shares

Change on the Horizon

Just like any business, the franchising business is one that I have seen evolve tremendously over the past 30 years. While many of the cornerstones and crucial elements - product, simplicity, control, and support - remain the same, so much is changing.

Larry Feldman
4,092 Reads

The Winner's Column

As savvy franchise companies continue to flourish in this challenging economy, FUSR will continue to bring you good news each month, highlighting brands that are adding units, increasing comp store sales, striking deals with investors, and continuing to grow despite the economy - maybe even because of it. And, as the U.S. struggles through its "jobless recovery," growth-oriented franchisors continue to look overseas for expansion opportunities.

Franchise Update
6,007 Reads 93 Shares

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Eddy Goldberg
10,707 Reads 93 Shares

Beyond One Brand: The Growing Allure of Operating Several Concepts

Franchising continues to grow--not only in size, but in complexity--and in recent years, a huge part of that growth is attributable to multi-brand franchising.

Multi-Unit Franchisee Magazine
3,547 Reads 9 Shares

It's a Multi-World!: Connecting Multi-Unit Franchisees with Each Other and with Franchisors

It was only a few years ago that, for the first time, multi-unit franchisees controlled more units than single-unit operators did. That moment marked a shift that had been building for decades as franchising matured into today's world of dominant multi-unit and multi-brand franchisees--along with multi-brand franchisors offering several brands from under one roof. To paraphrase the old car slogan, "This is not your father's franchising." Or perhaps we should say, "not your mom-and-pop's." Franchising has grown up and it looks a lot like multi.

Kerry Pipes and Eddy Goldberg
3,699 Reads 1 Shares

Team Players: Former NFLers Make Big Gains in Franchising

Not surprisingly, winning in professional sports has a lot in common with winning in the franchise business. If there's to be any chance of victory, individuals must work together, follow a strategic plan, and remain devoted to a collective cause. Seen in this light, it makes perfect sense that a number of former professional athletes--most of whom have competed in sports since they were tots--turn to franchising when their time on the field runs out. They understand hard work and dedication, and they know how to follow a system where each individual has a role that benefits the greater good of the team.

Kerry Pipes
12,321 Reads 1 Shares

The Role of the Franchise Agreement

In the previous issue of Franchise Law News, Terrence Dunn and Michael Einbinder authored an article on how to strengthen your franchise agreement. This article expands on that theme, focusing on the role of the franchise agreement in the franchise system.

Brian Schnell
8,955 Reads 10 Shares

Change on the Horizon

Larry Feldman
3,979 Reads 1 Shares

Capital Access: Florida Multi-Unit Operator on Strategic Growth

Pizza franchising is a tough market. The competition is stiff and the recent economic recession really put the squeeze on many franchise operators. But despite pizza price wars and price-sensitive consumers, operators like Glenn Ajmo have discovered a few silver linings that are helping him sustain growth.

Kerry Pipes
7,230 Reads 1,023 Shares

Making a List, Checking It Twice

Your franchise plan should include a well-rounded checklist Joining the world of franchising can be an exhilarating - and often frightening - process. It requires a tremendous amount of research mixed with a bit of intuition and gut feel. To do it properly requires the careful development of a plan of action. One of the best ways to plan for something significant is to create a checklist and make sure that you cover and review each step.

Kerry Pipes
14,463 Reads 1 Shares

Strengthen Your Franchise Agreement

Franchisors typically have developed franchise agreements that have been tailored by time and experience to address the issues that most often arise in the development of their franchised businesses. However, even the most polished agreement can benefit from a periodic review and revision. Here are five areas that frequently require attention to enhance enforcement rights, protect against competition, protect intellectual property, and protect against claims by third parties.

Terrence Dunn and Michael Einbinder
4,613 Reads 107 Shares

Competitive Advantage: Deploy an AR Strategy for Market Dominance

Market dominance is the measure of the strength of a brand, product, or service relative to the competition. Emerging franchise companies that are the first movers in their market niche need to be agile to establish their market presence before more aggressive or better capitalized companies move into their niche and overtake their first mover advantage.

Marvin Storm
7,438 Reads 2 Shares

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What's It Gonna Be?: Finding the Development Strategy that Suits Your Brand

Despite the surging growth in franchisors using multi-unit development strategies over the past 20 years--especially the past decade--this approach is not always a sure bet for successful franchise growth, and certainly not for every franchisor. For example, the multi-unit model may make a great development tool for an established retail-oriented brand seeking heavy market penetration in a given territory, but it may not be right for a newer service-based brand testing a smaller market

Kerry Pipes
4,922 Reads 21 Shares

More Is More: Experienced multi-unit franchisees takes on a 170-unit area Rep Deal

Anil Yadav likes to think big. The multi-unit, multi-brand franchisee in Northern California owns 155 Jack in the Boxes and 26 Denny's restaurants in California and Texas. In fact, he's Jack in the Box's largest franchisee and he owns one of the largest privately held franchise companies in the country - which just happens to employ more than 4,000 people. Apparently, all that's not enough.

Multi-Unit Franchisee
3,915 Reads 1,023 Shares

Boost Referrals, Boost Franchise Sales, Part 2

Referrals are vital to franchise system growth. As noted in the May FUSR, studies validate the power of referral sales. Close rates for direct referrals are typically three times higher than for other leads. According to Franchise Update Media Group's Annual Franchise Development Report, referrals continue to be a top franchise sales producer every year.

Steve Olson
6,988 Reads 4 Shares

Partner Power: Making the Move from Corporate to Operator

Before signing on as a multi-unit franchisee, Rob Parsons already had an insider's view of franchising, having spent time at Denny's and Popeyes working with franchisees on the real estate side. At Popeyes, Parsons worked with Jim Lyons, an industry veteran who is now chief development officer for Del Taco and Captain D's. Lyons played a key role in mentoring the young Parsons. During a five-year stretch at Popeyes, Parsons played a key role in pushing the brand's New York market from 58 to 101 locations.

John Carroll
4,053 Reads 3 Shares

Challenge the Pros

"Explain your development strategy as it relates to recruiting single-unit versus multi-unit franchisees. Do you look for both? Why or why not?" During the past five years, most franchisors have changed their concept of the ideal franchise candidate. Today larger franchisors are focused more exclusively on recruiting multi-unit/multi-brand players, rather than the single-unit operators most systems were built on. As an established, nearly 40-year-old brand, Popeyes Louisiana Kitchen markets franchising opportunities toward the top-tier multi-unit/multi-brand category franchisees, while simultaneously considering single-unit candidates. We currently have more than 1,900 locations in 44 states, the District of Columbia, Puerto Rico, Guam, and 27 foreign countries.

Franchise Update
6,508 Reads

New Traditionalists: Give the People What They Want--where They Want It!

About two years ago, at the behest of a friend, Nick Vojnovic, president of Beef 'O' Brady's, made his first foray into a nontraditional franchise location, opening a restaurant at the TradeWinds, a resort in St. Petersburg, Fla., with 1 million annual visitors. It wasn't exactly on his radar, but Vojnovic decided to give it a go.

Eddy Goldberg
4,338 Reads 1 Shares

Multi-Unit Leadership: A Conversation with Jim Sullivan on Multi-Unit Leadership for the 21st Century

Jim Sullivan is the CEO and founder of Sullivision.com, a company that designs and delivers operations and leadership training programs for companies and franchisees worldwide. Clients include The Walt Disney Company, McDonald's, Panera Bread, Regis Corp., Jiffy Lube, Wal-Mart, American Express, Applebee's, Domino's, Dunkin' Brands, and Coca-Cola. Three years ago Sullivan's company began researching the best practices of high-performing multi-unit leaders.

Kerry Pipes
13,899 Reads 2 Shares

Changing Sides: Former Franchise Corporate Player Decides to "Walk The Walk"

Rob Parsons knew all about franchising. He had worked on the inside at Popeyes and Denny's assisting franchisees with real estate. He had learned the ropes.

John Carroll
5,433 Reads 194 Shares

Single - or Multi-Unit Development: Which Works for You?

Despite the surging growth in franchisors using multi-unit development strategies over the past 20 years -- especially the past decade -- this approach is not always a sure bet for successful franchise growth, and certainly not for every franchisor. For example, the multi-unit model may make a great development tool for an established retail-oriented brand seeking heavy market penetration in a given territory, but it may not be right for a newer service-based brand testing a smaller market.