Fleet Feet’s Post

“Hey T, why shout-out the Kansas City Chiefs Finance team? How do they help win superbowls??” Here’s how: ⭐️ In 2019, their finance team noticed that internal inefficiencies rippled throughout the franchise ⭐️ They took action and procured Vena Solutions to holistically transform the way budget owners worked with financial information to drive key strategic decisions Here’s the business impact the finance team had since 2019: 🏆 Gameday settlement reports produced 95% faster 🏆 Tailgate suites identified as a profitable initiative to be doubled-down on, elevating the gameday experience 🏆 They ran key financial modelling and analysis that led to signing QB Patrick Mahomes to the RICHEST VALUED contract in American sports HISTORY Patrick later goes on to lead the franchise to 3 superbowl wins in a 5 season span and receives his 3rd superbowl MVP title this past weekend. Finance teams are underrated superheroes in my opinion, but then again I’m just a finance guy with human biases 🤷🏼♂️ How has your finance team impacted your business? Comment or DM, would love to surface more finance superhero stories. #finance #chiefskingdom #truestory

Your life could look totally different 6 months from today. You could be waking up every morning to build your own empire instead of someone else's I’ve helped 100+ people follow this playbook going from employee to multi-unit franchisee I wrote a complete guide detailing every step: - Financial planning & funding your franchise - Selecting the perfect franchise opportunity - Planning your exit from your W2 job - The first 12 months after launching - Scaling to multi-unit ownership and lots more Link in comments to download the free guide

🗞Pret A Manger has made a series of board changes as it looks ahead to its next phase of international growth.🚀 These have included one of its founders returning to the business and the appointment of a new chairman. Read the full article here👇#Pret #retailnews

There’s a lot you can learn from the movie “Founder” (ray croc of McDonalds)   As he starts to franchise McDonalds he goes to his wealthy friends and asks them to invest. They do, but they don’t wanna work. They are more interested in golfing, relaxing, and making an easy buck.    This is a MASSIVE issue when acquiring portfolios. You can’t do the work for them so you need someone youngish, hungry, and full of energy.   My first few portfolios didn’t work out because I only saw money, and not who was gonna be leading the charge. Who is leading is far more important than what you’re selling.    Choose based on the ceo, not on the idea. The ones that have lasted to me I followed the later versus the former. So much easier to grow and scale with people who share the same values. Those who don’t willl create headaches because they just wanna make a buck.

*The Founder* (2016) tells the story of Ray Kroc, a struggling salesman who encounters a successful burger restaurant run by the McDonald brothers, Richard and Maurice, in 1950s California. Impressed by their efficient system, Kroc sees the potential to franchise the brand nationwide. He partners with the brothers but soon becomes frustrated by their conservative approach. Driven by ambition, Kroc gradually takes control, sidelining the brothers and transforming McDonald's into a global fast-food empire. The film explores themes of ambition, betrayal, and the American Dream, highlighting Kroc's ruthless business tactics and the cost of success. Ultimately, Kroc's vision leads to the creation of a multi-billion-dollar franchise, but at the expense of the original founders' principles and control. *The Founder* paints a complex portrait of a man whose relentless drive reshaped the fast-food industry, raising questions about ethics and the true price of success. #thefounder

Business acumen of a Lawyer that changed everything for McDonalds. When Ray Kroc (owner of McDonald) first took over the restaurant, he knew that scaling would be a big issue. So he pioneered the franchise model, which solved a lot of operational issues. Still, not a lot of money was flowing in. So his lawyer suggested a strategy, which, when combined with a franchise model, became a deadly combo. - They quickly realized that the real money is in real estate. - So instead of renting an outlet, they bought the place and rented it to the franchise owner, at very high commission rates. - This strategy became an instant hit and completely changed the system of QSRs. especially in the USA and Europe. What's your favorite part about the QSR business? share with us in the comments. #Business #Content #Mcdonalds

Dive into the reasons behind Red Lobster's bankruptcy and the impact of private equity with this thought-provoking Fast Company article.

Dive into the reasons behind Red Lobster's bankruptcy and the impact of private equity with this thought-provoking Fast Company article.

Dive into the reasons behind Red Lobster's bankruptcy and the impact of private equity with this thought-provoking Fast Company article.

Dive into the reasons behind Red Lobster's bankruptcy and the impact of private equity with this thought-provoking Fast Company article.