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OCTOBER 2014

STREETSHARES takinG it tO the street!

www.franchisingusamagazine.com

PiNOT’S PAlETTE aWards First VetFran deal

FRESH COAT PaintinG dOne riGht

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Franchising USA

CONTENTS

V E T E R A N S I N F R A N C H I S I N g S U P P L E M E N TO C T O B E R 2 0 1 4

Our Veterans in Franchising special supplement has become

a regular feature of Franchising USA.

TO SHARE YOUR STORY in the next issue, please contact

Vikki Bradbury, Publisher

Phone: 778 426 2446

Email: vikki@cgbpublishing.com

News & Expert Advice46 StreetShares. Taking it to the Street! Jim Mingey, Veterans Business Services

Profiles40 Best in Class Education

42 Pinot’s Palette

44 Fresh Coat Painters

Franchising USA

best in class educat ion

best in class education is proud of our U.S. veterans. you have bravely served our country and risked your lives to protect our nation. We know you are passionate about improving the lives of Americans in any way you can and we thank you for your sacrifice. We would like to honor you, our veterans, by offering special incentives to open a Best in Class Franchise.

Best in Class is offering a “3-3-3 Veteran Incentive”. We are giving $3,000 off the franchise fee for the first three centers you open. In addition, we are waiving the royalty for the first three months of opening a center.

A Best in Class Education Franchise makes a difference in the lives of our nation’s children. If you have a passion for education and a real desire to invest in your future - and the future of young students in your local area - a Best in Class Education Center may be the key to opening the doors to the future. What better way to continue to serve our country than by serving our nation’s youth?

The Best in Class organization is perfectly positioned for growth in the education franchise industry. Since we began operating education centers over twenty years ago, we have demonstrated that we can garner results for students of all types, and in multiple markets across the U.S. Now we are looking for motivated, qualified people to join us in our quest to bring top-quality, results-oriented education services to students everywhere. You can make a difference in the lives of school children in your community by operating an education franchise with

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a stellar reputation and a time-tested business model and curriculum. If you have a passion for education and a real desire to invest in your future and the future of young students in your local area, a Best in Class Education Center may be the key to opening the doors to the future.

About best in class education centerBest in Class Education is not just our name, but our motto as well. In addition to giving top of the line education from quality instructors, we offer a fully customizable approach towards learning that is sure to move your children towards the head of their class. With weekly testing and fully developed course materials, we monitor students’ progress every step of the way. Your children will gain a sense of confidence and excitement towards learning unlike any they have experienced before.

Best in Class Education Centers are institutions specialized in tutoring Mathematics and English for both enrichment and remedial purposes.

Opened in Washington in 1995, Best in Class Education Center is committed to strengthening students’ analytical and reasoning skills through our tailor-made teaching materials and professional guidance. The exercises are carefully formulated and tested so as to provide students with enough drilling in different aspects. They enable students to have a complete revision of their learned topics. As an educator, we encourage students to develop their potentials and make progress whenever possible. Therefore, if students are capable of learning something ahead of their day school curriculum schedules, they can proceed to learn and practice it under our step-by-step guidance. In fact, some students are doing mathematics three grades higher than in day school. This learn-at-your-own-pace approach renders the learning process more flexible and prepares students for their future academic needs.

Learn more about Best in Class

franchise opportunities at

http://www.veteransbusinessservices.us/

product-item/best-in-class-education

BEST iN ClASS EDUCATiON buy a franchise that makes a Difference

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Franchising USA

Pinot ’s Pa let te

Doesn’t have to be

a blank canvas

PINOT’S PALETTE AWARDS FIRST VETFRAN DEAL

Franchising USA

Waylon White, 37, had already completed one U.S. tour in Iraq when he volunteered to return for a 2nd deployment to train Iraqi forces in May 2006. little did the U.S. Marine corps captain know, his next visit would not be like his first.

There for only 22 days, Waylon and a fellow Marine Captain were embedded with 60 Iraqi soldiers when insurgents began attacking their small compound. The other Marine was killed in that attack, and Waylon was knocked unconscious from an exploding mortar round. He would later wake up in Germany at Landstuhl Regional Medical Center with a list of injuries including a fractured skull, shrapnel is his back and arms, and skin missing from areas on his arms and face.

“I couldn’t believe I survived,” Waylon, a recipient of the Bronze Star and Purple Heart, said. “I don’t recall every moment of that day, but I knew shortly after I woke up in Germany that, as hard as it was going to be, I had to recoup and figure out what I was going to do next.”

But he wouldn’t go at it alone. Victoria White, 33, would be instrumental in shaping what would come next for Waylon. The couple, now with three children, first met right before Waylon returned to Iraq and later reconnected after he returned to the U.S. in October 2006. Eventually

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Waylon and Victoria made their way to Kansas, got married and discovered they wanted to own their own business.

“Victoria went with her friends to a Pinot’s Palette location and instantly fell in love with it,” Waylon recalled. “Then we both went together to a class, and quickly looked into owning our own paint-and-sip studio.”

Waylon and Victoria would also be the fast growing paint-and-sip franchisor’s first VetFran franchisee. The program, available to members of the International Franchise Association, helps U.S. military veterans locate franchise opportunities

and provides a path toward business ownership with training, mentoring opportunities and financial assistance. As a member of VetFran, Pinot’s Palette offers veterans a 10 percent discount on its current franchise fee, reducing it to $22,500.

“The team in Houston was incredibly attentive and helpful,” Waylon said. “From the initial contact to assisting us with opening our first studio, we could not be more happy with our decision.”

The couple plans to open their new studio this December in Lawrence, Kansas.

“VetFran is a great program and we’re

thrilled to be Pinot’s Palette’s first veteran-owned franchise to receive the benefits of this partnership,” Waylon said. “It’s hard to believe that after all we’ve gone through to get here, that we will soon be opening the doors to our very own studio.”

For more information about Pinot’s

Palette franchise opportunities or to

locate the nearest studio, visit www.

pinotspalette.com.

To learn more about Pinot’s Palette

VetFran opportunities go to

www.pinotspalette.com/vetfran and

submit the online form to access the

brochure.

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At Fresh coat our model is designed to do two things: Service the customer and make our owners money.

Our customers are seniors, busy families and small business owners. We are America’s Number One trusted painting company. Our owners focus on managing the business and ensuring the customers’ needs are met.

Are you a business professional who believes our seniors and busy families deserve a trusted contractor who delivers on their promise? Are you tired of working long hours for someone else? Are you ready to make the money you are worth?

Fresh Coat guides you every step of the way to become a successful franchise owner. Start the qualification process today!

What’s in it for you? • Turnkey business - launch in under six

weeks!

• Industry leading profit margins

• Home based

• Low start-up costs with financing available

• Recurring revenue – loyal customers and referrals

• Exclusive, protected territory

• Recession resistant - $40 billion industry that can’t be outsourced!

5 Profit centers • Residential (interior and exterior)

• Commercial and office buildings

• Real estate-based programs

• National accounts

• Government contracts

For more information: Website: www.freshcoatpainters.com

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“The low start-up cost and return on investment are what attracted me to Fresh Coat and the proven systems and operations support provided a structure that facilitated a rapid launch. The experienced leadership team is forward thinking and driven to help me succeed. I highly recommend Fresh Coat for those looking to leverage their leadership skills and commitment to succeed as business owners.”

Rich Whitaker - Fresh Coat Franchise Owner and Veteran.

“To us Fresh Coat has meant freedom. We had the desire to own our own business and to have the freedom to manage our lives around that. However, we knew we needed the support of a franchise to make that desire a reality. The Fresh Coat program and Operations team have done just that for us. We are proud to be part of the Fresh Coat family of other franchise owners who continuously support one another and our tagline of “Painting Done Right”!

Sarah Ross.

fresh coat – paintinG Done riGht….A PROVEN BUSINESS YOU CAN BE PROUD OF!

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You will notice some innovative changes at IFA's 2015 annual convention! We've upped the ante with new enhanced features and paramount educational and networking events. You

don’t want to miss franchising’s biggest and best event of the year!

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Unique networking opportunities will connect you with other franchise executives to expand your portfolio of contacts and cultivate partnerships that will help you and your brand get to the next level.

Interactive roundtable discussions led by experienced and savvy franchise leaders will give you an array of new and exciting information that will help you grow and evolve your brand.

Informative educational sessions focus on hot topics that impact your bottom line – everything from operations, technology, franchise relationships, sales & development and more. This is the perfect event to showcase your innovative brand in the exhibit hall!

convention.franchise.orgTHE EARLY BIRD CATCHES THE SAVINGS!IFA Members: Register before October 24 and save $50!

REGISTER NOWRegistering online is now easier than ever with our

newly improved and streamlined

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Contact Lynette James at 202-662-0782 or ljames@franchise.org if you are interested in exhibiting or sponsoring.

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Jim Mingey, Veterans Business Services

IRAq VETERAN DEVELOPS INNOVATIVE PEER-TO-PEER LENDINg SYSTEM

VETERANS WITH FRANCHISES gET BETTER ACCESS TO CREDIT

takinG it to the street!

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After World War II, millions of American veterans became business owners. This “greatest generation” sparked an economic boom, and America flourished. Banks were smaller, community-oriented, and supporters of small business. Oh, right, business owners had access to these small business loans. Times may be changing back to the future!

When Veterans say, “leave no man behind,” that may now include a Veteran left behind by a loan rejection at a bank. A Veteran can now go to his peers and other investors to pitch his project directly. That’s the thesis at a new company called Street Shares which was started and now run by an Iraq War Veteran, Mark L. Rockefeller. And he’s already taking it to the streets. According to Mark “One could describe StreetShares as Shark Tank meets eBay.” It’s the only place in America where the borrower ‘pitches’ and the Investor ‘bids’ for a loan. Investors also get to see the data like any lender, but like the old days, get more exposure to the borrower’s character as well.

StreetShares is a social lending marketplace that connects small business owners with investors. Small business owners create business pitches to request loans from institutional and retail investors. Investors make bids to back a loan to the small business. The end result: Small business owners get the loans they need, and investors get the returns they require. Loan amounts are up to

$50,000 but don’t necessarily need full asset security for approval. The minimum requirements include being in business for one year, earning revenue, being incorporated or a single member LLC, plus having reasonable credit and being willing to guarantee the loan.

Unlike crowdfunding sites that simply bring together businesses and investors, StreetShares stands in the middle of the transaction, issues the loan to borrowers, and manages repayments to investors. Also, StreetShares provides small business loans, not equity investments. This way, business owners do not have to give up ownership, and investors do not have to wait years before receiving any returns. But like crowdfunding, StreetShares provides an online marketplace that democratizes capital, gives approved investor members the opportunity to invest in private businesses, and gives businesses the opportunity to obtain funding from large numbers of investors, including other Veterans and their customers.

Have a cool story? Tell it!Veteran borrowers get to ‘pitch’ directly to potential investors, tell about their companies and why they’re requesting the loan. Veterans can let them know why a product or service will succeed allowing them the chance to set their company apart from the competition.

Investors bid on their returnsOn the investor side of the transaction, bidding is done through a “reverse auction” process. The winning bids are those with the lowest interest rate demanded by investors. Investors search for and select borrower loan requests they find attractive. Then they choose

Jim Mingey

an amount and rate they want to bid. During the course of the auction, multiple investors place bids to fund “loan shares” of the overall loan request. All bids are transparent to all investors, and investors place bids, naming both the amount they wish to invest and the interest rate they require to back the loan. Bids can be as low as $25 or as high as the entire remaining amount on the loan request. StreetShares places the first bid, co-investing in every loan at a rate StreetShares thinks is appropriate given the risk. At the end of the auction, the bids with the lowest interest-rate demands that equal the remaining loan amount are consolidated to form the financial backing for the loan. The more bids in the auction, the lower the interest rate the business borrower will pay. At the end of the auction, the borrower can elect to accept or decline the offered loan.

It’s tough for any entrepreneur to get financing in the early stages of a business so the StreetShares peer-to-peer lending model could well be a game changer both for Veteran franchises and other community small businesses. It’s appropriate that a member of the next “greatest generation” is the pioneer.

For more information visit: http://www.veteransbusinessservices.us/portfolio-item/streetshares

“When veterans say, “leave no man behind,” that may now include a veteran left behind by a loan

rejection at a bank.”

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