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Recent content by gottheworm

  1. gottheworm

    Service Business in New England

    INTRO 
    Correct.
  2. gottheworm

    Leasing Question

    I think this is more of a tax issue than a legal one in most locales. If you are in the US, the tax authorities don't like "free" transactions. They assume everything has $ value and should be reflected as such, so they can tax you on it (where applicable). If your business is leasing space in...
  3. gottheworm

    How to market a product when your competition just launched?

    I think it would help if you could give a little more info on what you are doing. Is this a consumer product? Are you selling strictly online / telesales? Don't rule things out without talking to those blogs first. Maybe the products are the same, but can you specifically provide a different...
  4. gottheworm

    Mergers & Acquisitions (M&A) by Franchisees?

    Thanks DaveC. Just so I am clear, I am contemplating, as owner of franchise A, buying specifically a competitor's employees/customers (from franchise B) and jettisoning franchise B agreements, not mine (from franchise A). I assume this may undervalue the business from the other owner's...
  5. gottheworm

    Service Business in New England

    INTRO 
    I run a service business in New England I am looking to expand - about 10x is my goal or $15mill in revenue. I don't want to post too much detail because I have a lot of competition that might track me down. Maybe after I get to my goal! Happy to contribute or help others where I can. I am...
  6. gottheworm

    Mergers & Acquisitions (M&A) by Franchisees?

    When I typically see growth by franchisees, it seems they are opening new franchisee locations (i.e. existing Dunkin Donuts owner, opens new 2nd DD etc.) or they are merging with existing locations of the same business. I was interested in examples/case studies of franchisees who grew by...
  7. gottheworm

    Acquiring franchise network

    SteveF - I am very familiar with this industry. I am curious if you ever developed further? I would be interested to discuss.

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