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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Franchise Today · Franchise Finance 2012 - Version 3.0 - [REPLAY] · 7 Jun 2012 podcast

Um we will probably be changing up on some of the subject matter, but it's it's really gonna be about compliance voice-verified

best practices, what are people doing now uh in in terms of uh uh you know topics like FPRs, fin financial performance representations, how to make them work. voice-verified

uh in your franchise system. voice-verified

How do you make your franchise disclose your document? voice-verified

uh more of a sales tool and and make it work for you. voice-verified

And we always like to talk about mitigating rent. voice-verified

You know, you we we um franchise orders sometimes throw caution to the wind and and and do things that that seem expedient, seem simple, but turn out to be uh voice-verified

uh not so good for them. voice-verified

So, uh, you know, it's an it's gonna be an ounce of prevention but uh uh done in a in a in a proactive way so that you can you can make this work for growth. voice-verified

in your brand and in your franchise system. voice-verified

Well, i in in terms of um of of sectors, Ron, um why do you think uh uh some franchisors uh are are having uh more success voice-verified

with lenders as opposed to others that that aren't. voice-verified

What differentiates the uh uh the success rates between the the the ones that are are successful and the ones that are not? voice-verified

You know, it's interesting, Ron, you you bring up uh the restaurant sector and uh and uh uh audacious uh development schedules. voice-verified

You know, I I think a a dirty little secret in in in restaurant voice-verified

franchising voice-verified

um, is that the larger the development agreement voice-verified

the less likely it's going to happen. voice-verified

And even if it does happen voice-verified

uh the best laid p plans of mice and men at the onset of that development agreement, you're going to modify that agreement down the road. voice-verified

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