The franchise representative will give an overview of how the franchise business works, a rough estimate of how much it will cost, and what is
expected of franchise business owners.
Not exact matches
Managed IT services
franchise expanding to 500 locations to fill giant void in small
business IT solutions CMIT Solutions, a
franchised network
of IT consultants to small
businesses,
expects within -LSB-...]
Being a
franchised network
of IT consultants to small
businesses, CMIT Solutions is
expecting to expand from 130 locations to 500 locations across the nation and from only having units in 32 states to all 50 states within the next couple
of years.
Specifically, our project assessed the in - state economic impact
of key
business tax reductions that we
expected to be included in the Executive Budget, including a reduction
of the Article 9A ENI rate from 7.1 to 6.5 % (and to zero for upstate manufacturers); a modernization and restructuring
of the corporate
franchise tax, including its merger with the bank tax and other reform and simplification measures; and the adoption
of a 20 percent real property tax credit for manufacturers statewide.
Key changes to be
expected, says Du Toit, include the way in which the traditional
franchise estate agency operates: «The current asking commission
of 5 % -8 % is unsustainable, and only this high because
of the inherent costs built into that
business model — after all, the franchisor, franchisee, and estate agent all have to get paid from the commission
of each sale, which is what drives these unjustifiably high commissions.»
By establishing four specialized development units, each with a mission to grow specific branches
of the company's
business, Starwood
expects to produce dramatic growth in its portfolio
of company - owned and
franchised properties.