Tuesday, August 24, 2010

Let's Get It Started

Franchise Update . . .

We are now in the process of negotiating for space. We have identified three different spots. There is a clear first choice, and distant second and third choices. Because the landlord at our first choice is being difficult, we are pursuing all three spaces at this time. There is also always the possibility that the first choice won't offer a commercially reasonable lease because they heard through various channels that their space is our clear front runner.

Of course, your reasonable next question is, "Well, why aren't you playing it more close to the vest?" I KNOW. When you negotiate for space that is owned by certain large, multi-state commercial landlords, they only work through brokers. I have very little control over the actual communication that goes on, including the negotiating.

You have no idea how hard it is for me, a former lawyer, someone who has already signed the contract to own and operate the franchise, to be still sitting in a cubicle working this crazy job so that I can afford to pay a broker to negotiate something on my behalf.

However, having signed the actual franchise contract, I am now privy to lots of new information and figures and details. Let's get it started! (Read, of course, to the tune of Let's Get It Started by the Black Eyed Peas.)

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