Sean Bock

Franchise Innovator | Advisor | Emerging Brands

[Sean Bock @seanbock]

@DKThomp @Timodc The key is to find an everyday SPF moisturizer. Go with Image SPF 30.

[Sean Bock @seanbock]

@PaulTTran I will email you the Harvard Business Review article that kicked it all off. All franchise candidates that I take through the discovery process are required to read it!

[Sean Bock @seanbock]

@PaulTTran I still think our first Drybar franchise guidebook was the best in the industry. Happy to send to you if you DM your email to me.

[Sean Bock @seanbock]

@doxavc @franchisewolf For the dessert and snack sector it all comes down to real estate selection. You need a franchisor who has the relationship with the big Landlords. Foot traffic = impulsive purchases. These concepts don’t do as well in grocery anchored neighborhood sites.

[Sean Bock @seanbock]

@Roy_Bntz @franchisewolf You should check out @dogdropco that is run by @shainadenny . She’s really differentiated her brand and offering.

[Sean Bock @seanbock]

@DanReese21 Most leases have increases of 3% per year. Higher base rents mean higher annual percentage increases that compound.

Exits are dependent on a multiple of EBITDA. Higher rent (taking TI) means a lower valuation because your “debt” is on the P&L and not on the balance sheet.

[Sean Bock @seanbock]

@kickstartmyfran The “sold but not opened” stat needs to be examined in conjunction with the Item 20. Too many franchisees sell too much, too early, and are totally over their skis.

[Sean Bock @seanbock]

@FranchiseMnA You will see more emerging franchise concepts raise money before they sell their first franchise AND professional venture-type funds will come in to fill the gap between founder capital and private equity.

[Sean Bock @seanbock]

@alexchungtweets My wife and I saw it this morning. Remarkable man and inspiring story. It should be shared and watched!

[Sean Bock @seanbock]

@DanReese21 The best description of a royalty (that I use) is that it is a sharing of the revenue that is earned through the integrated work between the franchisor and franchisee.

[Sean Bock @seanbock]

Many thanks to @franchisewolf for his interview with the founder of @pureglowboston, @LaurRamp. It was a very inspiring story!
https://t.co/DkHy0i78sj

[Sean Bock @seanbock]

@mhp_guy @mhp_guy No one is talking about their real estate strategy. Candidates present a site as a part of their application. Impulse driven purchases (ice cream, cookies) are all about foot traffic. Leaving this decision in the hands of the franchisee might not be the best route.

[Sean Bock @seanbock]

@DanReese21 Congrats! SLC is a great city for ice cream!

[Sean Bock @seanbock]

@WillDATX @thomasince @dogdropco is definitely the most innovative in this space

[Sean Bock @seanbock]

So happy to see Lundyn Carter (@Laine_London) and @MiriamBWilliams receive a much deserved spotlight from @nytimes.
https://t.co/4vJp8EQY5g

[The Wolf of Franchises 🍟 @franchisewolf]

From working at startups in China, to founding a new pet franchise in the US -

Shaina Denny is modernizing the dog daycare model via a new "pay-as-you-go" model with Dogdrop.

[Sean Bock @seanbock]

@Super70sSports You must not be familiar with @Garrett_Archer who is our new Shadow Secretary of State?

[Sean Bock @seanbock]

Thanks to @franchisewolf for giving us a breakdown in his latest newsletter. If you're an "early adopter" and you have a passion for small businesses, it would be worth your while to subscribe to the newsletter.

https://t.co/wuBCt1IPnl

[Sean Bock @seanbock]

#SelfCare can take so many forms. According to Natasha Spencer, more and more consumers believe self-care encompasses #beauty habits. I have to agree. Taking care of my #skin does so much for my body and mind.
https://t.co/yPuckOPUf7