Tag Archives: BUSINESS

Moran Family of Brands Recognized as a Franchise “Game Changer”

Moran Family of Brands Recognized as a Franchise “Game Changer”

Moran Family of Brands Recognized as a Franchise “Game Changer”Moran Family of Brands is proud to be featured in the December issue of Franchise Dictionary Magazine. As part of the most recent edition, Moran named to the annual “Game Changers” ranking by the publication. Franchise Dictionary chooses its “game changers” on a set of criteria which includes: Impacting veterans. Moran Family of Brands has 14 veteran franchise owners in the system who have been enlisted in the Army, Navy, Air Force and Marines branches of the military, as well as the national guard.  Moran is an active member of VetFran, an initiative that provides a $5,000 franchise fee discount, mentorship and training programs for any honorably discharged U.S. Veteran transition to civilian life. Millennials choice. Moran’s franchise lo ... read more

Franchisee Spotlight – Jason Shastri

Franchisee Spotlight – Jason Shastri

Sometimes, franchises will be referred to as turn-key businesses.  An established system is already in place and all you need to do is turn the key and open the door, and you can start work. Most franchise owners know that that’s hardly true and kind of an insult to the process. There’s a lot involved in buying a franchise, and often, you’re looking for a location and then going through the process of getting a building constructed. Then you hire and train a quality staff. It isn’t as if somebody just hands you keys to a business. The exception to this is when you buy an existing franchise, particularly when it has been around for some time and been very successful.  Jason Shastri did exactly that late last year, when he bought the Mr. Transmission/Milex franchise in Stafford, Texas, which had been in business for about 30 years. “One of the things I liked about the store is that it had a good reputation with its customers.  It didn&rsquo ... read more

Franchisee Spotlight – Michael Rucker and LeRoy Holland

Franchisee Spotlight – Michael Rucker and LeRoy Holland

Opportunity is everywhere. You hear that sentiment a lot, but if there is a lesson to be learned in the story of Michael Rucker and LeRoy Holland, that’s it: opportunity is everywhere. You never know what doors might open, simply because of where you go and who you meet. Rucker and Holland are co-owners of the new Mr. Transmission/Milex franchise in Las Vegas, Nevada, which opened in December. We recently spoke with the new owners about the start of their business and this history of their partnership. The two first met six years ago when Rucker brought his car in for repair.  He was impressed by Holland’s approach to car care and he quickly became Rucker’s go-to mechanic whenever his car had problems.  They developed a friendship over the years, and Rucker kept Holland in mind when he explored purchasing a Mr. Transmission/Milex franchise. “One of the main reasons why I wanted to go into business with LeRoy is that I have never seen someone so hone ... read more

Growing Your Business with Multiple Franchise Brands and Locations

Growing Your Business with Multiple Franchise Brands and Locations

Some people think that if you’re a franchise owner, that’s it. You own one franchise, and you’re almost a glorified employee who works for the franchisor. You aren’t really a business owner. You can never grow your business. You just have one stand-alone store in the franchise network, and that’s it. But that simply isn’t the case, as you may already know. Some franchise owners end up running businesses that operate and manage several different franchises. You could own a corporation that has five gas stations in a region, six restaurants and three clothing stores. No, it wouldn’t happen overnight, but the point is that some people do take that approach. Those people are often called master franchisees or area developers, and obviously, it takes a long time to get to that stage in one’s career, if you go that route. But the point is, being a franchise owner never means that you can’t grow and expand your business – and we tak ... read more

Why Invent the Wheel? Franchise It, Instead

Why Invent the Wheel? Franchise It, Instead

If you’ve thought many times about starting a business but quickly dismissed the idea, there are probably some logical reasons holding you back.  Fear of failure, having the proper guidance and being able to market and sell your product or service could all be reasons why you hesitate in starting your own business. One possible solution to overcoming many of these fears is by looking into franchising. That is, running a business that is part of a regional or nationwide company. As you presumably know, McDonald’s is a franchise. So is Subway, Ace Hardware and Circle K. In fact, there are over 3,000 types of franchise brands in a wide range of industries. When you own a franchise, you’re the business owner – but it’s a little similar to being a condominium owner. In that situation, you own the property and have a lot of leewa ... read more

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