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From the Publisher The Money Connection

Written by: Mary Tomzack

Article Overview: The Money Connection or, shall we say, "money makes the world go 'round" is our topic for this month's newsletter. Money and all its incantations-how to get it, how to spend it, how to keep it, how to invest and grow it-is pretty much inescapable in today's world.

From the Publisher The Money Connection

From the Publisher
The Money Connection

The Money Connection or, shall we say, "money makes the world go 'round" is our topic for this month's newsletter. Money and all its incantations-how to get it, how to spend it, how to keep it, how to invest and grow it-is pretty much inescapable in today's world.

Prospective Franchisees need money to obtain the franchise license; operating Franchisees need funds for working capital and to expand the business; and both new Franchisors and old-hand Franchisors need money to pay their staffs, support their franchisees and market their franchise systems. We hope to give all franchise players some useful financial connections in this and the next newsletter.

For me, one of the most interesting happenings, currently, is the big interest by private-equity firms in franchise companies. A number of investing companies seem to want to follow in the footsteps of a company like Roark Capital, which has been steadily adding new franchised company names to its stable of branded companies. But, now, according to Nation's Restaurant News ( NRN), investors may not only be setting their sights on Franchisors but are also looking to Franchisees as buyout targets.

NRN, in its March 13, 2006 issue, naturally focuses on the action around restaurant companies. Most of the recent acquisitions involved major Franchisors, such as Dunkin' Brands, Uno Restaurant Holdings, and Sizzler parent Worldwide Restaurant Concepts. But,as NRN points out, at least five deals in 2005 targeted large Franchisees of brands like IHOP, Papa John's Pizza, and Church's Chicken. Investment firms are indeed moving down the daisy chain.

All of this interest in both the Franchise System and the Franchisee's business doesn't have to be confined only to restaurants either. It's only a matter of time until investor interest hits upon convenience stores, automobile concepts, retail concepts, and almost any well-run, profitable business.

In this newsletter issue, however, we are confining our interviews and information to more everyday financial issues such as how to finance your equipment purchases, pay for re-imaging your current operations, and obtaining SBA loans. Read on and try to make your own money connection.

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Related Forum Posts
Re: Which would you start: a Blog or Online Community? - It is a difficult decision to make. Lets start it this way - What are you more interested in? Money? or Friends? or Both? If its purely Money, then Blog might be an appropriate answer. But consider this - It will be people (visitors) that will bring traffic to your blog and then Money will follow. This will be possible after a time and during this time it will be your friends who will be the starters. If you are looking for friends only, then its true that not many will be interested in knowing how you have beaten them in the game or the other way round. So it will be preferable to have a Forum where they can share ideas with you and others. But you can share your insider knowledge with them and invite comments from your Blog. You can also put up information on what others (including your friends) don't know about Tennis. The blog you create can provide News, Inside Information and also Techniques that can be used by the new entrants in the world of Tennis.
Making Money in 2011 - Hello forum members! As we draw closer to the new year I thought it would be appropriate to change the title of our forum category "Making Money in 2010" to "Making Money in 2011" - I'm looking forward to some interesting discussions and wish everyone a prosperous New Year!
QuickBooks vs. Microsoft Money vs....? - I have always used Microsoft Money to run my business - accounting, invoicing, etc. It came with my computer when I got it and integrated well with my online banking system so everything is a breeze. It only takes 30-60 minutes every quarter to do the bookkeeping (keep in mind that I have a very simple business - no inventory, very little invoicing, I do all my payments by credit card, etc). Is QuickBooks or Money the best accounting tool for small business owners? Or is there something even better?
Re: What or Who Sparks Your Business Interest - It's interesting to see what the different motivations are by Age Category. I've noticed this around me: 20 to 29yr olds: Motivator: Money 30 to 39yr olds: Motivator: Success/Ambition 40 to 49yr olds: Motivator: Family comes first 50 to 59yr olds: Motivator: Leaving a legacy i've only gone that far in my analysis. Of course this is a braid generalization but I find that it helps direct my marketing to individuals in different age brackets. The product/service can be the same but the Marketing message (Benefit Statement) to a 20 year will revolve around "Money" vs. a 30-something would be on their "Self Image"
$$$ - Money making is a talent. If used properly it can achieve desired results.


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