Franchise Mentors – Providing Free Guidance to Potential Franchisors

By Franchising

Is your business franchise-able? How much will it cost? What type of staffing and support will you need? You have the idea for a successful franchise — but who can help make it a reality?

For those entrepreneurs with passion, creativity and ambition who need some advice to franchise their business, the newly-created Franchise Mentors can help. Imagine sitting down with six advisors who have significant experience in issues ranging from legal matters and accounting to marketing and venture capital — for FREE.

Franchise Mentors hosts quarterly meetings, where they meet with 3 or 4 potential franchisors from a pool of submissions, whose applications suggest the greatest likelihood of successfully franchising their existing business. There are absolutely no fees associated with the services provided by Franchise Mentors. All potential franchisors with an existing business are welcome to download an application for a chance to be selected. Click here to access the application form.

The next Franchise Mentors meeting is scheduled for Tuesday, October 30, 2007.

Established in January 2007, Franchise Mentors is a Hampton Roads-based network of advisors that promote new franchisors in the region by providing guidance and the tools necessary to franchise an existing business. Members of Franchise Mentors include:

Joanna Brumsey, CPA. Joanna is a shareholder at Wall, Einhorn and Chernitzer, P.C. Joanna has significant experience advising local area franchisors and franchisees, including assistance with debt restructures, accounting systems review, internal control studies, profitability analysis, and financial forecasting.

Nicole Harrell, Esq. Nicole is an associate with the Franchise Group at Kaufman & Canoles. Nicole has experience representing franchisees in commercial and transactional matters in addition to extensive corporate and licensing experience. She is a candidate in the International Franchise Association’s Certified Franchise Executive program.

Steve Maxey. Steve is the Principal of Maxey Consulting Group. Steve recently retired from the Virginia State Corporation Commission, where he served as the Senior Examiner of the Retail Franchise Division. He offers over 30 years of experience on regulatory compliance issues.

Steve Story, Esq. Steve is the Chairman of the Franchise Group at Kaufman & Canoles. Steve has over 25 years of legal experience and concentrates his practice on counseling franchisors and franchisees. He has been named to Best Lawyers in America, Franchising (2006 and 2007) and Virginia Super Lawyers, Franchising (2006).

Art Webb. Art is the President of BCF, a communication firm that specializes in marketing and branding. Art has successfully worked on blue chip brands including: Budweiser, Ralston Purina, Jack Daniel’s, and Mercury Marine, just to name a few.

Kevin Wilson. Kevin is the Managing Director of ENVEST, a local venture capital firm. Kevin also founded, grew and sold his own franchise business and presently owns and operates a multiple unit franchise in the Hampton Roads area.

For more information about Franchise Mentors, please contact Steve Story at 757-624-3257.

The contents of this publication are intended for general information only and should not be construed as legal advice or a legal opinion on specific facts and circumstances. Copyright 2019.