by Leif Jensen | Sep 28, 2022 | Franchises, Investing |
I am astounded, what a sneaky business model; Chick Fil A has a brilliant plan in place. Some of this information is directly from their website. Chick Fil A has an initial financial commitment of only $10,000. Annually 60,000 people apply, but only about 80-120 are...
by Leif Jensen | Sep 26, 2022 | Franchises, Investing |
Are you the type to invest in a franchise or a franchisor? Or would you just like to use them on a as you please basis. I knew that when Chipotle first came out a number of people were looking into the requirements for a franchise. These are not people who invest in...
by Leif Jensen | Jan 28, 2020 | Franchises, Retail, Running a Business |
Cricket is a strange player in the cell phone market. Before the purchase by AT&T, I met with an owner of three Cricket locations. This gentleman owned a dozen or so franchises of different sorts and was thinking of hiring a CPS firm to handle the bookkeeping...
by Leif Jensen | Aug 7, 2019 | Franchises, General, Investing, Rant |
People close their businesses for a number of reasons. I had one client who bought a franchise and poured time and money into it, but it grew slowly. Unfortunately, too slowly. The original idea was that the business would start slow and grow to provide an income...
by Leif Jensen | Jul 22, 2019 | Franchises |
I admit I am not a fan of franchises. I see them making only guaranteed money for the franchisor and seldom if ever for the franchisee. I do know a couple who own a Chick-fil-a and they seem to be doing well, but the costs were high and it took a tremendous amount of...