Joe Caruso
speaker
4,639 appearances
52 recordings
1 series
first heard May 2010
last heard Oct 2012
Joe Caruso’s voice in public audio — every appearance, attributed to the second.
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Appearances
uh franchising and and practical business methods and and best practices and um it was it was interesting watching you work the room because you were just soaking up all of the energy and all of the information and uh for people who haven't been to the franchise finance conference or the restaurant finance conference it's it's a it's a great environment for learning, it's a great environment for uh uh making contacts uh within within franchising.
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Um, but what would you say, Shelly, uh w back at that stage and I I think we were I met you in either two thousand six or two thousand seven.
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What was going through your mind at that point in time when you were just really getting immersed into into the franchise culture and the franchise distribution model?
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Uh yeah, uh the uh uh the comment I have is that uh uh Shelley with with Bright Star y you you've really travelled the road less travelled.
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In terms of what
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typically happens with
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emerging franchise brands.
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Um, the the anecdotal evidence is that about seventy five percent of startup franchise oars
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fail.
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And there's
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hard to pin down but uh there's certainly a great number of what I call zombie franchisors where they
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started out, they franchised a few units
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And they found out for whatever reason that the unit economics didn't work or they weren't suited to be franchise ours.
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And they don't go out of business but they really aren't actively franchising anymore.
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So y you have uh
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uh exceeded uh and and beat the odds
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where
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other franchise owners have not.
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And I I think what's really ringing true is that it wasn't an accident.
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Showing 2261–2280 of 4,639 · page 114 of 232
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