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12/07/17 1:34 AM

#80361 RE: STILL TOWING #80357

I think its a brilliant plan. Roger/Ben have their hands full with corporate cafes as well as distribution and game publishing. This way the start up and training (and additional revenue) can go to the master franchisees. We know the training of the staff is a big undertaking with the complexities of a Snakes cafe. Makes perfect sense to me.

ROCK ON AMFE !!!
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hotlinktuna

12/07/17 1:57 AM

#80364 RE: STILL TOWING #80357

I wouldn't worry squdhead....as it seems to me Roger is bending over backwards to try to provide the absolute highest rate of success possible with this Master Franchise Plan.....we simply need to have confidence in the team that got us this far to know the best way to continue growing aggressively, responsibly, and profitably!! Cheers.....and AMFE FOR LIFE for me!!
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Felo31

12/07/17 6:25 AM

#80376 RE: STILL TOWING #80357

They are treating their franchises like another board game lol.

I think its brilliant. They identified 2 type of investors:

1- The gold fish- those who can only buy 1 franchise, maybe 2.
2- The whales. These guys would like many franchises, and the master plan makes investing in S&L very interesting for them.

There is no “spreading ourselves too thin”. We are reducing the risk, by letting the owners place the money. This is the start of many “mini HQs” where the master plan owner is the owner of the mini HQ. We train this location, and afterwards they provide training for the franchises under them, for a fee. And a percentage of this fee will be paid to S&L Corporate.

This is the start of many royalties to come, not only distribution in games. Again, brilliant.
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Juancy

12/07/17 7:28 AM

#80383 RE: STILL TOWING #80357

IMO, in addition to providing faster expansion, the plan would provide a solid operational structure and prevent upper management from getting overwhelmed. Just Imagine a corporation having upper management direct all salaried employees without middle management. Ouch! Efficiency is key.
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Macod

12/07/17 8:14 AM

#80389 RE: STILL TOWING #80357

Squid, I do agree with your concerns. With the Master franchising plan, corporate will essentially be giving control to the Master franchisers with respect to ANY other locations in their designated area.

And they will also be giving up some profits since the Master franchisers will be getting a piece as well.

HOWEVER, on the flip side I don't see them having more than a handful of Master franchisers and I'm sure they will pick the absolute right people for these. And as far as profits go, the small percentage that corporate will be getting will be pure profit. Also, this will allow them to expand at a faster rate, which will have scale benefits amongst other advantages of being first to market with national board game/cafe concept.