Inaugural Meeting of the Philadelphia Franchise Association - Many of you know we have started a new Metro Franchise Association in Philadelphia. We have created a lunch seminar meeting 6 times a year, our first meeting is Tuesday, September 10th, 11:45 am -2:00 pm. I would love you to come to our Inaugural Meeting - How Franchise Owners Can Make More Money & Franchisors Get Better Numbers. We have some great speakers, Marty Ferrill, President Philly Soft Pretzel & John Gordon, Restaurant Analyst. And speakers lined up. I have included some interesting background articles below. As you know, our collective livelihood depends on great unit economics for franchise owners. Please sign up here as soon as you can, space is limited. http://philadelphiafranchise.eventbrite.com/ Tom Spadea - Moderator of PFA
[email protected] cell (610) 662-0192
Many of you know we have started a new Metro Franchise Association in Philadelphia.
We have created a lunch seminar meeting 6 times a year.
Our first meeting is Tuesday, September 10th, 11:45 am -2:00 pm.
I would love you to come to our Inaugural Meeting - How Franchise Owners Can Make More Money & Franchisors Get Better Numbers.
We have some great speakers, Marty Ferrill, President Philly Soft Pretzel, Dana Kline, Owner at Hand and Stone Massage and Facial Spa- Haverford & John Gordon, Restaurant Analyst.
I have included some interesting background articles below.
As you know, our collective livelihood depends on great unit economics for franchise owners. So let's get behind this - make more money for the franchise owners and get better reporting numbers for the franchisor.
Please sign up here as soon as you can, space is limited.
Thanks
Tom Spadea - Moderator of PFA
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Any franchisor interested in maintaining a durable and substainable franchise system has to first make sure that most, if not all, the franchisees are making money. So, if you are a franchisor, franchisee interested in improving and measuring profitability, then this event is for you.
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Benchmarking (as defined by Wikipedia), is "the process of comparing one's business processes and performance metrics to industry best practices." A few months ago I addressed the topic of strategic planning. As part of the process I emphasized the importance of establishing key performance indicators ("KPI's") for your organization and measuring and monitoring them on a continuous basis.
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A rising tide lifts all ships: Consumer discretionary stocks are doing well, leading the pack with the highest forward PEs in May, as FactSet last week. Same store sales: Despite some same store sales headwinds caused by the so called 2013 same store sales cliff, the theme early this year that sales comps would be down versus mild winter weather in 2012, the industry is doing fine.
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