Ron Feldman
speaker
3,922 appearances
11 recordings
1 series
first heard Jun 2010
last heard Dec 2020
Ron Feldman’s voice in public audio — every appearance, attributed to the second.
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Appearances
Uh basic business knowledge is not something that someone who worked in corporate America got
Uh and one of the SBA rules, you know, or guidelines used to be, you know, P and L responsibility.
That's something that that they wanted to see in somebody.
uh before they they they'd allow somebody to get a loan and and that you know that's really important.
Somebody who was a middle manager in a company that didn't really have a budget and didn't have budgetary responsibility might not understand how to read a profit and loss statement or more importantly a balance sheet.
I I absolutely.
And and again the the one of the best tools you have out there are dashboards and benchmarks.
The data's there.
Franchising has such a leg up on the rest of the world because the data's there
It's consistent, it's all within a brand.
You can break the brand down to territories, you can break the territories down to subterritories.
And you can really see how you're doing against the people within your market, the people within your region and the people nationally.
And, you know, being transparent about it is something that
that I think is important in a franchise culture
Because, you know, Tony Martino, who's the guy who taught me most of what I learned about franchising, said franchising's easy, just make sure your franchisees make money.
It it
You would one would think, but you know, the culture for a long time was build sales regardless of what the profits were because you got more royalty and that's not really you know, that's not a good way to to look at things.
it's um
So good thing you didn't take that job.
He's the CEO of Togo's and he used to be the president of Askin Robinson.
Showing 1461–1480 of 3,922 · page 74 of 197
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