franchise
also referred to as: franchises
6 statements across 2 episodes · 0 bullish · 3 bearish · 2 people on the record · first statement Apr 10, 2024 by Tom Rutledge · across every show →
Everything said about franchise, oldest first
Apr 10, 2024 negative
Rutledge: High California labor costs break fixed pricing models of national franchises
“In California, that same exact model that that franchise built, you need six people to do this volume in this place would lose money due to our cost of labor. So I'd have to figure out the franchise or model, but with maybe four people where they say I need si…”
Apr 10, 2024 negative
Apr 10, 2024 negative
Apr 10, 2024
Jun 25, 2024
Myers: Franchisees Must Imitate the System Before Innovating
“We have a phrase in, in the companies that I've been in part of is that we need you to imitate before you innovate. And all that means is, is follow the system. Work that system and then innovate and say, Hey, we tried this at our store.”
Jun 25, 2024
Myers: Select Franchises Based on Experienced Leadership Over Product Preference
“When you're looking for a franchise, you're not necessarily working just for a product that you like, but you're kind of looking at the people that are behind the brand. And so you have to find that group of people that's done that before.”