Slide 2:
About Den Prechtel Dan Prechtel founded the first broker network in 1992. He pioneered the business and at the same time convinced both franchisors and potential franchise to take a chance on his business model. His broker network would find potential buyers, qualify and educate the prospect on the franchise opportunity of choice and then introduce them to the franchise for a share of the franchise fee. It truly is a great service to the buyer looking for the right business and the franchise looking for the right franchise.
Slide 3:
Some Questions of Interview 1.) Why hasn't our company posted replies to the absurd claims on some of these so-called consumer web sites or blogs?
2.) How do you defend yourself against an anonymous web poster?
3.) If the company doesn't collect over-rides or royalties from our commissions, how do you make money and what is your long term interest in supporting the broker network?
4.) Like the rest of the marketplace, we are not immune to the vagaries of the economy. However, our business has not suffered nearly as much as you might expetc.
Slide 4:
Why hasn't our company posted replies to the absurd claims on some of these so-called consumer web sites or blogs? We have elected to ignore these postings while pursuing our legal remedies to have them removed. My concern is that dignifying any of it with a reply actually adds credibility to the sites. Much like barking back at a barking dog.
Back
Slide 5:
How do you defend yourself against an anonymous web poster? In this case we have good evidence that it would be done by a competitor not a real client.
Back
Slide 6:
If the company doesn't collect over-rides or royalties from our commissions, how do you make money and what is your long term interest in supporting the broker network? Dan Prechtel Response: We have created a 21st century business model that allows us to make money WITH our brokers, not FROM our brokers. This model will be sustainable indefinitely and results in a win-win situation for the entire team.
Back
Slide 7:
Like the rest of the marketplace, we are not immune to the vagaries of the economy. However, our business has not suffered nearly as much as you might expect. Dan Prechtel Response: On the negative side, home equity as a means of financing a new franchise or even a down payment on a franchise has virtually disappeared. During the real estate run-up in values, home equity was a terrific resource for funding a business. That source is lost to us now.
On the positive side, franchisers are being far more aggressive about providing internal financing, particularly for soft costs. This willingness to offer "owner financing" has opened as many new doors as the loss of home equity closed.
Back
Slide 8:
Thank You
For any franchise business related query contact me at http://www.danprechtel.info. – Dan Prechtel