The franchisees are uniquely in touch at the local level. They see what's going on in their communities in a way we couldn't ever imagine.
Sentiment: POSITIVE
For a franchise system to work well, you really need people with an entrepreneurial mind-set because, while you have a large, overarching system that everybody has to work with, a lot of local issues have to be handled.
It took me a while to understand the meaning of a franchise: the reasons why you see lawyer, doctor, cop shows. It's not because anyone in their right mind says, 'You know, what's the most fascinating thing in the world?' It's because you need something new that happens every week in a frame.
We have always had many more franchisee candidates than available locations.
I think it's great to be a part of a franchise that is successful. Any franchise is successful because it's a continuation and people have seen it.
Franchises and chains have come to dominate small communities, but those same chains have eliminated a lot of the greasy spoons, places you didn't want to eat in the first place.
I do look at 'Modelland' as a franchise.
At the end of the day, you just want to go to a team that believes in you... and hopefully wants to build a franchise around you.
I think audiences ultimately want something new. I think the business model for a franchise is such that it's very low risk because you have data and studios love data.
There's nothing magic about working with franchisees. What you have to do is help them improve their business.
Ultimately, only audiences decide what's a franchise.