FDDs are key to any franchise agreement, including Tint World

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Here are some high points to hit in franchise disclosure documents

Becoming a franchisee can be a daunting challenge. The prospect of slogging through a franchise disclosure document, which all franchisors, including Tint World®, must provide prospective owners per Federal Trade Commission regulations doesn’t help matters much.

There is a lot of boilerplate, though, and some sections merit more scrutiny than others. Here’s a quick look at the most important sections of a financial disclosure document to consider should you decide to begin the process of becoming a franchisee of Tint World® or other business.

  • Royalties/Fees: This section stipulates exactly what fees franchisees will need to pay. Digest this section carefully, as you will be responsible for paying these fees should you become an owner.
  • Initial investment: Just like the fees section, this is especially important. FDDs need to provide a high and low end of how much franchisees will need to provide up front and how much working capital will be needed.
  • Territory: You need to pay careful attention to this section, too, as the franchisor may – or may not – guarantee exclusive territory to a franchisee.
  • Sales: If there is no section on franchise profitability or expenses, request it, as it is not required for inclusion in an FDD.
  • Finances: Franchisors must provide three years of audited statements, including cash flow and balance and income reports.
  • Contracts: Any documents or agreements you will need to sign before finalizing your franchise agreement need to be included in the FDD.

Franchising can be a very profitable and rewarding endeavor. It can be complicated, however, and if you lack legal or business experience, you will likely want an attorney or accountant to walk you through the FDD and any other contractual items.

Download the Tint World® franchise kit if you are interested in pursuing a deal with one of the largest tinting, after-market and car accessories franchises in the country.

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Tint World® can help you achieve your dream of business ownership

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Our extensive franchisee support processes set us apart

“If you can dream it, you can achieve it.”

This is the message we want to convey to our owners, and it’s appropriate this quote is attributed to Walt Disney. Our upcoming February conference in Orlando at the Swan/Dolphin Hotel will outline the many ways Tint World® corporate can help our franchisees achieve their dreams of business success.

While our owners enjoy some level of autonomy, we always have their back. Our commitment to our franchisees is evidenced by multiple testimonials multiple testimonials and our 2017 Franchisee Satisfaction Award.

As always, this year’s conference will include a host of training programs and seminars for our owners, who are the backbone of our franchise success.

Here is a quick look at ways Tint World® helps our owners:

  • A commitment to constant support and communication with our franchisees. If you need to pick up the phone, for whatever reason, we’ll always answer.
  • We will help you identify and assess the best potential site for your franchise location.
  • We provide constant business and operational support, as well as store-specific marketing and promotional materials.
  • Tint World® owners enjoy national online marketing, social media, and public relations efforts, as well as ongoing search-engine optimization benefits to ensure their store is top of mind for customers.
  • Our buying power and scale allows our franchisees to obtain products and merchandise at drastically lower prices that provide an instant boost to your gross margins.
  • Our corporate-level relationships with respected international brands ensures owners have access to the most cutting-edge products, technologies and services.
  • Tint World® franchisees undergo extensive training at our Florida headquarters before opening their stores. An experienced member of our operations staff will work with you prior to, during, and after your opening.

 

“If you can dream it, you can achieve it.” Are you ready to fly to new heights with a Tint World® franchise? Download our Tint World® franchise kit today.

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Aftermarket auto industry franchises poised for healthy and long future

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Tint World® can help you catch those cars, which are cash cows

Don’t curse all those cars on your commute. Look at them as cash cows, instead. They all need maintenance, accessories, and repair and styling services.

When people think of the American automobile industry, they tend to think of cars rolling off assembly lines or sitting in dealership lots. But what they don’t think about is the $270 billion aftermarket industry, and that includes the services provided by Tint World® franchisees across the country. The aftermarket employs 4 million people.

While there is a lot of talk about declining demand of cars because of ride-sharing – and even car-sharing – and the rebirth of center cities, there are still a lot on the road (think back to that commute this morning).

Here are four reasons to be bullish on the future on the automotive aftermarket industry:

  • Many cars on the road are getting older, requiring more maintenance and cosmetic care. The aftermarket value of cars more than eight years old is $77 million. That’s a lot of money to be made.
  • Despite the glut of older cars, the national fleet continues to grow (260 million vehicles were registered in the U.S. in 2015, and that number continues to increase).
  • New cars are becoming increasingly sophisticated in terms of digital and electronic features, and Tint World franchisees can repair and replace those bells and whistles. Tinting services, audiovisual and safety features will also continue to be in demand in the aftermarket industry,
  • New cars are increasingly expensive, and consumers want to keep them in tip-top shape and appearance. This means high demand for glass replacement and repair; paint protection; and restorative services.
  • Social media and texting make it easier to entice customers in for specials, or recommended services such as oil changes.

The numbers don’t lie. Cars are an ingrained part of American life, and will remain so for the foreseeable future. Cars and entrepreneurship are ingrained in the American psyche, and good franchising practices and a willingness to learn and adapt mean the twain will meet for years to come.

Interested in a Tint World® franchise opportunity to meet the market and demand? Download our franchise kit today.

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Tint World® franchise rule 1: Never give up. Tint World® franchise rule 2: Never stop learning

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Opportunities abound for continuing franchisee education.

There’s no rest for the wicked, and there’s definitely no rest for the successful.

Franchise owners need to perpetually build and maintain their momentum, and part of that comes through continuing education.

Here are five pointers for staying at the top of your game:

  1. If you don’t have a bachelor’s degree, consider getting one via night school or online classes. The thought of the extra workload may make you choke, but educational credentials increase your value and representation. You can also check out noncredit courses available at area community colleges or universities. Again, it’s all about adding value to
  2. Take advantage of any educational or training sessions made available by your franchisor. Tint World® franchisee life begins with an intensive three-week course at the Boca Raton, Florida headquarters, but don’t stop there – you’re literally just getting started. Attend every industry conference you can, and make sure you attend the annual Tint World® You might be amazed at what you can learn from your fellow franchisors, many of whom took the same risks and face the same challenges.
  3. Beyond conferences, Tint World® offers franchisees ongoing support that includes online training; regional workshops; research and development support; online learning; certification; specialized training sessions and supplier support programs. We will never stop teaching if you never stop learning.
  4. Embrace your competitors and learn what kind of continuing education their corporate offices offer. Then pursue the same training and courses.
  5. Read up on your industry and best business practices, or maybe biographies of business people you admire. Keep a book in your car so you can knock out a few pages while eating lunch or another piece of infrequent downtime. You can also get books on CD or via streamed devices. Here’s a list of famous franchise titles that are considered must-reads in the industry.

One more thing: Good leaders will share their knowledge with their employees. Let your best and brightest attend some conferences or workshops with their bosses. Learning is contagious, and learning is important to your business and personal growth.

For more information on franchising with Tint World®, download our franchise kit and check out franchise page.

You just may learn something.

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Here’s how franchisees can navigate the post-holiday doldrums

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Keep your brand active, and your spirits up

It’s not uncommon for franchise and retail businesses of all types to slow down soon after the retail rush of the holiday season subsides.

January, February and March are traditionally slow months for sales and customer traffic, but there are ways to boost business before the brighter days of spring and summer.

  • Lengthen the holidays. Maintain the holiday momentum as long as you can. Customers may return gifts soon after Christmas. Sell them new products with targeted markdowns.
  • Step up your social media game. Get creative. Consider hiring a professional public relations firm to handle your social media platforms. Lure customers to your shop with one-day specials or other promotions you can trumpet on social media.
  • Keep advertising. Don’t let your brand fade during the winter. Start advertising now to ensure good spring sales and build toward a profitable year.
  • Plan ahead. You know when your business is up, and when it’s down. Prepare for the short-term financial downturn ahead of time with a rainy-day fund and possible staffing shifts.
  • Tout new products. If one of your vendors rolls out a new product, especially early in the year, promote it to get customers to your store.
  • Get involved. The slower winter season is a good time to step up networking with local chambers of commerce and other business or trade organizations. Attend conferences to promote your brand.
  • Get personal. Call some of your best customers of the past year and thank them for their support and invite them in for a cup of coffee. Based upon their prior purchases, gently pitch some new products they may be interested in. Some of our Tint World stores have had great success hosting or being involved in their local cars and coffee outfit.

The most important advice: Stay positive. Slowdowns are part of business, and should be part of your planning process. Remember: This too shall pass. Click here for more information about Tint World® franchises or download our franchise kit today.

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There are many benefits to buying into a franchise like Tint World®

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Check out the top 10 reasons to buy a franchise:

By Charles Bonfiglio

Striving for new goals is a way to motivate yourself out of the current economic funk. For many people, these goals include the desire to start their own business and become the master of their destiny. Franchising can fit very well into that picture.

Here are the top 10 reasons to pursue a franchise opportunity if you want to own your own business:

  1. Track record of success. Any good franchise company has developed a method of doing business that works well and produces results. Even better, they’re required to provide you with a great deal of information in their required disclosures so you can investigate and verify the results with existing franchisees prior to making your final decision.
  2. Strong brand. One of the biggest advantages of franchising is that the company is building a brand on a regional or national basis that should have value in the eyes of customers you’re trying to attract.
  3. Training programs. A good franchise company has training programs designed to bring you up to speed on the most successful methods to run the business. The company should also have reference materials to assist you in dealing with whatever comes up while you’re running your business.
  4. Ongoing operational support. Franchise companies have staff dedicated to providing ongoing assistance to franchisees. You’re not alone when you’re building and running your business, and you can always call on experienced people when you hit a rough spot or want to share new ideas for growing the business.
  5. Marketing assistance. The franchise company has marketing assistance to provide you with proven tools and strategies for attracting and retaining customers. Usually, the staff helps you develop the actual marketing plans and budgets for your grand opening as well as your ongoing efforts to market your business effectively.
  6. Real estate assistance. Most franchises have manuals and other documentation, as well as staff, to help you find the right site and negotiate the best possible deal. This is a very important advantage that can hold costs down and provide the best possible chance of success in any site-driven business.
  7. Construction assistance. Franchise companies can also provide a benefit in helping you design the layout of the business and selecting the right contractors to do your build out, as well as making sure you get the exact mix of furniture and equipment you need to maximize the efficiency of your initial investment.
  8. Purchasing power. A good franchise can take advantage of the buying power of the entire system to negotiate prices for everything you need at significantly lower levels than you could achieve as an independent operator. This applies not only to initial furniture and equipment purchases, but also to the supplies, inventory, uniforms and everything else you’ll need on an ongoing basis.
  9. (and 10) Risk avoidance. This one is so important that we’ll call it both 9 and 10! The biggest      reason to buy a franchise is that, if you’re smart, it will help you avoid much of the risk of starting a new business.
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Five simple ways to improve your franchise Facebook presence

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There are simple ways to get your brand in front of more people

franchise-facebook-tips-TInt-World

The majority of adult American consumers use Facebook. Franchisees, including Tint World® owners, need to be there, too, representing their brand and getting likes, clicks and shares.

Here are five ways to improve your Facebook presence and potentially get your brand and business in front of millions of people:

  1. Use your page as an advertising billboard. Make sure you utilize the space afforded your brand on your page. Make sure you have a dynamic cover and profile photo that mentions your business name. Change it up regularly. Research and take advantage of special business features and make sure all of your contact information is kept updated.
  2. Post good content. Consider hiring a professional public-relations agency to provide relevant and plentiful content for your page. Original photos and videos are also popular on Facebook. Link wisely, and only follow appropriate pages. Update your Facebook presence as often as possible.
  3. Give shout-outs. Tag good customers or products in posts; people like to be recognized, and individual brands and products you may carry can also be tagged in Facebook now.
  4. Keep the conversation going. Make sure you engage your social-media audience. Post questions that prompt answers and can spark fun engagement. Don’t engage or further debate on controversial topics. Keep your content and posts neutral, and avoid plugging or linking inappropriate material.
  5. Choose your audience. There are multiple groups and communities devoted to a range of topics. Join or engage with groups that might especially appreciate or be interested in your product or business. You can also build your own Facebook audience by following customer and employee Facebook pages.

If your business doesn’t have an active Facebook page, you are already far beyond the 8-ball. Get your page up to snuff and current. It’ll help you generate business and you may find you “like” it.

For more information on Tint World franchising opportunities, download our franchise kit.

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Tips from Tint World for beating holiday stress

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The season can tilt you toward profit, or send you over the edge

The holiday season is the most wonderful time of the year.

For small business owners such as Tint World franchisees, it can also be the most stressful time of the year.

But you are not alone, and there are many proven steps to reduce the tension and stress that can redline during the busy holiday season.

  • Keep a running list of reasonable tasks to consult and complete. This will prevent you from spinning gravel and mistaking motion for progress. It can also give you satisfaction when you cross off an accomplishment.
  • Bring order. Having a tidy and organized home, store and office can bring you peace of mind and a sense of control. Disorderly environments foster more chaos. It’s also helpful to not have relatively mundane housekeeping chores on your to-do list.
  • Be nice. It’s always tempting to lash out when you are under stress or your temper is short. It’s important to tame your temper and avoid an outward exhibition of stress. Difficult employees and customers can sense your anxiety, and that makes you an even more tempting target for the negative people in your life. Small acts or words of kindness can make you feel better. Altruism is a positive evolutionary trait ingrained in our psyches.
  • Be present. Tend to the pressing matters at hand rather than obsessing or worrying about future tasks. One way to put yourself in the moment is to practice deep breathing exercises a few times a day.
  • Get some rest. Sleep deprivation only exacerbates stress. Burning the midnight oil can help in the short-term, but sleep debt builds quickly, with shocking interest rates.
  • Avoid multitasking. More experts agree that multitasking is actually impossible. It spreads your brainpower and focus too thin. See No. 1 above. Make a list and focus on one task at a time.

Remember that the holiday season is as much about family and friends as it is about making money. It’s an important time of year to tilt those balance sheets in the right direction, but don’t let the pursuit of profit stress you and your family to the gills.

For more information on Tint World franchise opportunities, download our franchise kit today or call 888-629-8777.

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Seven simple ways to cash in on Christmas

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Season is ripe for Tint World franchisees

Christmas is indeed magic – for retail franchise bottom lines.

As much as 30 percent of annual revenues come in during the holiday season, bolstering bottom lines as the year draws to a close, according to the National Retail Federation. And the money doesn’t just flow from Christmas shoppers. Gift-giving is also a hallmark of Hanukkah and Kwanzaa.

But you’ve got to get bodies and wallets in your store.

Here are some holiday marketing tips that may help tip your franchise scales toward a handsome profit for the year:

  1. Start early. Now is the time to prepare your holiday marketing plan, not Dec. 1. Sales begin to amp up right after Thanksgiving, on Black Friday and Small Business Saturday.
  2. Plant seeds widely. Don’t stick with one marketing tactic. Combine targeted emailing with paid ads. Push quality content on to your social media platforms so your franchise location shows up prominently in online search results. Work with an agency or local media for earned media placement.
  3. It might seem cheesy, but bring Santa Claus or other characters into your business. This is not only an enticement to customers with children, it can merit a photo opportunity for local media.
  4. Push promotions. Get customers into your store with valuable coupons or other promotional offers with a holiday theme.
  5. Participate in community holiday events. For Tint World franchisees, this could include a tricked-out holiday hoopty – driven by Santa, of course — illustrating your best or noteworthy work.
  6. People like to feel that holiday spirit, and light and other holiday displays conjure up that Christmas vibe.
  7. Play music. It can never hurt to crank up a little Bing Crosby at Christmas time. Many music streaming services offer holiday playlists.

These are just a few ideas to get you started. Above all – be creative. This is a crucial time of year for retailers. Make sure you cash in.

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American franchises grew by rail and car

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Tint World® continues U.S. franchise traditions

One name is synonymous with American franchising: Ray Kroc. In 1954, he acquired the rights to franchise McDonald’s outside of its original California territories, and the burger behemoth began its growth spurt to the publicly traded, global brand it is today.

Tint World® followed a similar, though more muted, path: Its first location opened in Florida in 1982, and 35 years later it has more than 60 window-tinting and auto accessories stores throughout the U.S. and continues its expansion to Canada.

But there’s another familiar name that is integral to American franchising history: Benjamin Franklin. Yes, that Benjamin Franklin.

Franklin was a founder of our country as well as a franchise pioneer. He first set up an exclusive relationship with a Charleston, S.C. printer who was contractually obligated to print only materials provided by Franklin. He reached similar arrangements with printers throughout the colonies, from Lancaster, Pennsylvania to Antigua. This gave him outsized control of information and materials disseminated throughout the colonies and eventually the young United States, but it set a standard of sorts for such business operations to come.

Other franchises during the early years of the country and its settlement included government exclusivity agreements reached with the operators of stores and supply depots at federal forts and trading outposts.

Indeed, the principle of “manifest destiny” and westward expansion further fueled the expansion of franchises.

The country’s first semblance of a restaurant franchise was started by an Englishman named Frederick Harvey. He reached an agreement with the Atchison, Topeka and Santa Fe Railroad that allowed him to operate his Harvey House restaurants at depots every 100 miles along the 12,000-mile railroad. It technically was a chain, not a franchise, but his operating principles — standardization and quality control — became hallmarks of the modern franchise system.

Following the rise of the railroad, another technological innovation began to make its mark and shape the U.S. in its modern form: the automobile. As highways increasingly crisscrossed the country, complementary franchises followed. A&W drive-in restaurants first offered franchises in 1924; and Howard Johnson’s and White Castle soon followed.

It’s apparent that the history of American franchising is linked to the country’s technological and transportation advances, such as the rise of the railroad and conquest of the country by cars.

What franchise innovations are next? Time will tell.

Visit our website for more information on Tint World® franchising opportunities, or call (888) 629-8777.

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Tint World® Profit Centers:

  • Auto Care & Styling Services
  • Window Tinting
  • Protective Films
  • Vehicle Security Systems
  • Audio & Video Systems
  • Mobile Electronics
  • Detailing & Reconditioning
  • Custom Wheels & Tires
  • Vehicle Wraps & Graphics
  • Performance Parts & Accessories
  • Marine Styling Services
  • Home & Business Services

Complete Turn-Key Investment From $118,000 to $198,000

Minimum Liquid Capital $60,000

Download Franchise Kit