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Own
#1 Ranked Internet Franchise With
WSI |
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Become
a Professional Business consultant! |
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Your
task as a WSI Internet Consultant is to assess
your clients needs and provide internet business
solutions using our successful and proven methodology.
No business experience or programming experience
is required. WSI consultants are provided with
a full and comprehensive training program and
ongoing support, and can work from home or from
an office. |
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The
business solutions for WSI clients are developed in any
of our production centers that are strategically located
in countries with top technology at low-cost. |
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The
Bottom Line |
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At
WSI, your clients are completely
serviced with top technology
at low costs, and you develop
a channel of re-accuring revenues
with each new client. |
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Become
a top level consultant. Apply for
a WSI franchise today!
Contact
us for your free CD and
Information package.
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FranchiseMart
Spotlight |
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For
prospective franchisees, thorough research prior
to making an investment is a must. FranchiseMart,
a revolutionary business concept, assists clients
in this challenging process by helping them
research the world of franchising efficiently
and effectively. Learn what FranchiseMart can
do for you!
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Earnings
Claim Hall of Fame: Aaron's Sales & Lease Ownership |
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Source
Book Publications has long argued (with very modest
success) that all franchisors should be required to
submit an earnings claim statement (Item 19) in their
UFOC. Given that submission of an Item 19 is entirely
voluntary, only 20% of franchisors choose to do so.
The reasons for non-submission range from the ludicrous
to vaguely plausible.
To
us, it seems entirely one-sided to ask a prospective
franchisee to invest in excess of $200,000 (on average)
to “buy” a franchise without providing him
or her with a clear understanding what he or she might
earn from the investment. Although there are numerous
variables that preclude franchisors from coming up with
an exact projection of future Net Operating Income,
the franchisors clearly have the ability to determine
the historical sales and related expenses for operating
units currently within their system. At a minimum, they
can work backwards from royalty payments to come up
with a gross sales figure. To the extent that they closely
monitor and support their franchisees, they should have
a good sense of average operating costs as well. Given
this information and the latitude they have to provide
as much detail as they see fit, they can break out summary
operating data for those franchisees or company-owned
units that have been around for say 5 years, 10 years,
etc.
Our
sense is that the FTC will ultimately acknowledge the
need for a mandatory Item 19. Given the difficulty from
industry to industry to provide a workable template
for the submission of information, the FTC will continue
to allow franchisors to provide as much or as little
information as they deem necessary. Those franchisors
that do in fact provide real, in-depth information will
clearly enjoy a competitive advantage over those that
do not. At any rate, those franchisors that go to the
trouble of including an Item 19, even if only cursory,
should be acknowledged and applauded.
As
an on-going feature of future newsletters, World Franchising
will publish an exemplary Item 19 each month. This month,
we honor Aaron's
Sales & Lease Ownership for the exceptional
detail that they provide in their Item 19. My guess
is that the rapid growth and success of their system
has a great deal to do with the forthrightness with
which they celebrate the success of their existing franchisees.
To view their Item 19, please click
here.
Those
companies who feel they provide exceptional disclosure
in their Item 19s are free to submit their Item 19 electronically
for consideration in subsequent newsletters.
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Source
Book Publications |
1814
Franklin St., Suite 815, Oakland, CA 94612 |
(510)
839-5471; Fax (510) 839-2104; www.worldfranchising.com |
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In
This Issue |
WSI |
FranchiseMart
Spotlight |
Earnings
Claim Hall of Fame |
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Franchise
Spotlight |
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The nation’s first retail ice cream
franchise, Carvel is the leading manufacturer
of uniquely shaped ice cream cakes, and
a leading provider of premium soft serve
and hand-dipped ice cream products. Since
the company’s founding in 1934,
Carvel has become one of the best-loved
and most recognized names in the industry.
With products made fresh daily in the
store, Carvel has more than 540 franchised
and foodservice locations, as well as
its famous ice cream cakes in over 8,400
supermarket outlets.
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If
you have a passion for owning your business,
Express Personnel Services has a passion
for helping you succeed. Express is a sales-focused,
business-to-business franchise. An Express
franchise has four profit centers in one
franchise agreement. Express provides three
weeks of Startup training and ongoing online
learning. Express Personnel Services helps
as many people as possible find great jobs
by helping as many clients as possible find
good people.
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Money
Mailer is one of America's leading direct
mail advertising companies with over 300
franchises in the U.S. and Canada. Over
its 27 year history, Money Mailer has been
at the forefront of introducing innovative
direct mail advertising products and programs
to the marketplace - helping businesses
get and keep more customers and helping
consumers save money everyday.
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Intercontinental Hotels Group is the world's
global hotel company. Operates or franchises
more than 3,600 hotels and 535,000 guest
rooms in more than 100 countries. Franchisor
of Intercontinental Hotels, Crowne Plaza
Hotels, Holiday Inn, Holiday Inn Express
and Staybridge Suites Hotels, Candlewood
Suites and Hotel Indigo.
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Now in its 11th year of business, WSI
is the world's leading internet services
franchise with 1500 franchisees in 87
countries! You can be part of this successful
franchise and profit from the Internet!
Own the #1 rated internet franchise. Proven
business system. Comprehensive training
and support is provided. Home- or office-based.
Complete training and support. The WSI
Formula is simple: Successful Franchise
Owners + Successful Clients - Successful
Franchise Opportunity.
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