Franchise Update Magazine Issue IV, 2013 | Page 43

Grow Market Lead Fast Times at Franchise High Finals The last day of the event featured a light breakfast followed by two morning sessions. The first offered an assessment of the capital market led by Darrell Johnson and featuring Tom Epstein (CEO, Franchise Payments Network), Joanne Jolin (vice president and business development officer, Atlantic Coast Bank), and Mike Rozman (co-president and chief strategy officer, BoeFly.com). The panelists discussed brand performance, ways to reduce risk, alternative financing, and answered questions from attendees. The last presentation was a forum featuring three successful multi-unit franchisees—Jack Hough (85 concepts), Mark Rinna (Popeyes), and Abid Khutliwala (Checkers, AT&T and AIO Wireless)— who shared their experiences working with different franchisors over the years. Assessments were across the board, with some brands working very closely in a mutually beneficial way while others not so much. Key takeaways: franchisees and franchisors must be willing to negotiate more; and good, solid franchisees are underutilized resources for franchise brands. And with that, class was dismissed until next year. Visit www.franchisedevelopmentconference.com for more on this year’s event and to find out about registering for next year’s conference, which will return to the InterContinental Hotel in Atlanta, October 15–17, 2014. n Franchiseupdate Is s u e I V, 2013  41