NextHome, Inc.’s Post

As Footprints Floors marks its 15th anniversary, Founder and CEO Bryan Park sat down with Franchising Magazine USA to reflect on his journey from a garage start-up in Colorado to a nationally recognized flooring franchise. Now, with over 150+ territories, a thriving network of 87 franchisees, and a new spot on the National Wood Flooring Association Board of Directors, Bryan couldn't be more proud of what the Footprints Floors team has accomplished. Here's to continued growth and impact! Check out the full article below for a deeper look into Footprints Floors' journey and future plans. #flooring #denver #flooringfranchise #franchise #homefranchise

United Real Estate Continues East Coast Expansion with North Carolina Brokerage United Real Estate has announced it has launched a new North Carolina franchise partnership. The union is a key strategic move on United’s roadmap for continued regional growth. United Real Estate | Tri-County, based in Wilson, connects United’s east coast service footprint from Upstate New York to South Florida and complements United’s existing North Carolina… The post United Real Estate Continues East Coast Expansion with North Carolina Brokerage appeared first on RISMedia. 𝗪𝗵𝗮𝘁'𝘀 𝘁𝗵𝗲 𝗻𝗲𝘅𝘁 𝘁𝗼𝗽𝗶𝗰 𝘆𝗼𝘂'𝗱 𝗹𝗶𝗸𝗲 𝘂𝘀 𝘁𝗼 𝗰𝗼𝘃𝗲𝗿? 𝗖𝗼𝗺𝗺𝗲𝗻𝘁! @RISMediaUpdates https://www.rfr.bz/l9e2776

Pet Supplies Plus going strong despite parent company bankruptcy 🏢 Franchise Group’s Chapter 11 filing may have raised eyebrows, but PSP’s CEO Chris Rowland reassures that it’s “business as usual.” Operations remain unaffected, with the company continuing its growth as the largest pet supplies franchise in the US. 📊 Curious about the details? 🧐Read more here: https://buff.ly/41CGNuQ #petretail #businessupdates #corporatestrategy #franchising #financialnews

We were one of the parties defrauded by the Paulhus family. A family that has shown zero remorse for stealing from everybody who believed in them and their system. But there is another issue here that goes beyond the sins of the founders… By no means is any company involved in selling nearly eighty territories in the last year alone off the hook. Not one person involved in selling us multiple territories has reached out for a conversation. Nor have they reached out to other “valued clients”. You can’t make that much money from selling territories, be owed a ton of money from the franchisor, and then say “we didn’t know” when the company folds overnight. All the while bragging about new office buildouts, upcoming sales meetings in Napa, and touting “responsible franchising” in articles and ads. It turns my stomach. FSO’s may have more credibility if they participated in the risk in small business ownership. They could take some of their fee over time. When something unforeseen happens to the franchisee like this situation, they are right there with the franchisee on losing some money. The responsibilty for this franchise failure does not solely fall on the bankrupt (financially and morally) founders. The whole sales process and everyone in it is also at fault. If you disagree, please let me know how the negative affect of these founders stealing money was felt by the franchisees exclusively. Nobody in the sales process lost a dime. They just deleted Anchored Tiny Homes from their monthly Top 10 Brands List ( ATH was #1 for a few months in a row this year) and kept on trucking down the road selling other systems. If you are in franchise sales as part of a brokerage system or FSO, and you don’t see anything wrong with the status quo, please respond here or be a guest on my podcast to discuss it. I sincerely would like to have an open discussion where we can share our different perspectives. I love franchising, but I believe the tail is wagging the dog when the franchise sales organizations have way too much influence on setting territory fee “standards”, who gets exposure to prospects, their lack of responsibilty to know the financial strength of the systems they are representing, and how their payday is totally misaligned with the term of the business arrangement. Charlie Mungers quote “Show me the incentive and I’ll show you the outcome” applies here. Large commissions in 3 days is NOT in support of the 10 year agreements they are selling. If a brand is selling a lot, there is no concern of long term success when you know you’ll be paid in full long before there’s any trouble. #franchise #franchisesales #responsiblefranchising #ifa #franchisetimes #franchisebusinessrealtalk

Imagine you're in Times Square, the busy center of New York City. You ask a street vendor how long it will take to walk to Bryant Park. He shrugs because he doesn't know how fast you'll walk or how determined you are. But as you start walking away, he calls out, "10 minutes!" In the same way, your success as a franchise owner depends on your passion and effort. You can achieve as much as you want, based on how passionate you are. That's what really matters in the world of franchising. The amount of money you can make with a franchise varies greatly depending on several factors such as the type of business, location, and your own management skills. Some franchise owners make a few thousand dollars a year, while others make millions. However, it's important to note that owning a franchise is not a guarantee of success and requires a significant amount of work and dedication. The story you shared illustrates this point well. Just like the woman who wanted to know how long it would take to walk to Bryant Park, the answer to how much you can make with a franchise depends on your own pace and effort. The vendor couldn't give her an accurate answer until he knew how fast she walked, just like no one can tell you exactly how much you'll make with a franchise until they see how much effort and passion you put into it. In the end, the success of a franchise largely depends on the owner's passion, dedication, and hard work. If you're willing to put in the time and effort, you have the potential to make a significant income from a franchise. #FranchiseEarnings #PassionInBusiness #SuccessJourney

Jonathan Hill talks about Morrow Hill Commercial Real Estate as a special helper for franchise brands. He says the company acts like a hidden real estate team that steps in when a brand doesn’t want to manage its real estate or lacks the funds. Morrow Hill stands out because it only represents tenants, end users, and buyers of commercial spaces. They create Dedicated Client Teams made up of experts, like account directors and transaction managers. The company values data too, with a team of data experts using special tools made for franchises to serve their clients better. #CommercialRealEstate #FranchiseBrands #DataDrivenDecisions

“This Epcon Franchising is in as good of hands as I’ve ever seen it in. And I’m proud to be a part of that.” Scott Lehner, co-owner of Perfection Builders, LLC, became an Epcon Franchise Builder in 2007 when he learned about our opportunity in a BUILDER Magazine article. Since then, he has built 15 Epcon Communities across Wichita, KS and Louisville, KY. His story showcases how the Epcon home building franchise model can help smaller volume home builders grow their home building businesses to become dominant regional builders in their markets. Watch his full Builder Story video using the link in the comments 🔗 #homebuilding #epconfranchise #testimonial

Join the franchise that takes care of its community. With more than 40 years in business, the Rainbow Restoration franchise is one of the most well-known and respected names in the restoration and reconstruction industry. Today, our more than 300 franchise owners continue to be that “someone” in their communities restoring order, value, and hope in the face of isolated accidents and natural disasters. Why Rainbow Restoration? 🌈 OPPORTUNITY TO RESTORE HOPE Regardless of how prepared property owners are, disasters happen. Whether an isolated accident or a natural disaster, Rainbow Restoration has been a trusted face since 1981, across communities in need. 🌈 DIVERSIFIED OFFERINGS Meet your customers where they need it. Owners can supplement core restoration offerings with cleaning, reconstruction, content removal services, and more. 🌈 PROTRADENET® BUYING POWER Price breaks from over 200 suppliers $5M+ Neighborly-wide annual rebates in 2020 You may have several options for opening your own property restoration business or growing your current one. But this recession-resistant industry comes with competition, and your success depends on a special set of tools. For additional franchise details, comment "Rainbow" below

Jonathan Hill discusses real estate issues that franchise companies often face, especially the problem of overselling territories without considering the consequences. He shares a story about two franchisees, Sally and Bobby, who buy territories that aren’t officially approved. They both send letters of intent for the Northeast and Northwest parts of their areas, creating a dilemma for the franchise brand. Opening locations for both at the same time isn’t ideal since the company is unsure where the customers will come from. Jonathan emphasizes the need for a system to track sold territories and those still being developed to manage franchise territories effectively. Morrow Hill Commercial Real Estate #RealEstateFranchiseIssues #TerritoryManagement #ImpactAnalysis

Imagine you're in Times Square, the busy center of New York City. You ask a street vendor how long it will take to walk to Bryant Park. He shrugs because he doesn't know how fast you'll walk or how determined you are. But as you start walking away, he calls out, "10 minutes!" In the same way, your success as a franchise owner depends on your passion and effort. You can achieve as much as you want, based on how passionate you are. That's what really matters in the world of franchising. The amount of money you can make with a franchise varies greatly depending on several factors such as the type of business, location, and your own management skills. Some franchise owners make a few thousand dollars a year, while others make millions. However, it's important to note that owning a franchise is not a guarantee of success and requires a significant amount of work and dedication. The story you shared illustrates this point well. Just like the woman who wanted to know how long it would take to walk to Bryant Park, the answer to how much you can make with a franchise depends on your own pace and effort. The vendor couldn't give her an accurate answer until he knew how fast she walked, just like no one can tell you exactly how much you'll make with a franchise until they see how much effort and passion you put into it. In the end, the success of a franchise largely depends on the owner's passion, dedication, and hard work. If you're willing to put in the time and effort, you have the potential to make a significant income from a franchise. #FranchiseEarnings #PassionInBusiness #SuccessJourney