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Zee Advisor LLC

Zee Advisor LLC

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My name is Tim Ellisor, and I worked 33+ years in the corporate world before taking an early retirement and making the leap into franchising. My journey wasn’t without its challenges - I made mistakes and learned valuable lessons along the way! Now, I’m dedicated to helping others who are considering the franchise path so they can be armed with the knowledge necessary to successfully navigate the search process. When you work with me, you get: ? Independent Guidance: I work for you, not the franchisors. I don’t take commissions from franchisors. ? Real-World Experience: I’ve been where you are - transitioning from a corporate career to franchise ownership. I know how to avoid the common pitfalls. ? Tailored Support: Whether you’re just beginning to explore franchising or ready to dive into due diligence, I’m here to guide you every step of the way. ? Proven Strategies: I’ve developed a thoughtful, disciplined approach to help you preserve and grow your wealth through sound decision-making. ? Curated Resources: I share a carefully selected list of tools and insights that will support your journey. Why Me? My corporate background and franchising experience has equipped me with the skills to analyze opportunities and manage risk. I empower you to evaluate opportunities critically, ensuring the choice you make aligns with your goals, values, and financial aspirations. When you work with me, you can expect: ?? Increased Confidence in navigating the franchise landscape ?? Informed Decisions based on thorough research ?? Clarity and Focus on franchise opportunities aligned with your goals ?? Empowerment to engage with franchisors, brokers, and consultants on your terms If you’re considering a move from the corporate world to franchise ownership, let’s connect.

网站
www.zeeadvisor.com
所属行业
商务咨询服务
规模
1 人
类型
私人持股
创立
2024

Zee Advisor LLC员工

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动态

  • I hope that the Franchise Brokers Association warning that franchise brokers may stop operating in California comes true. The franchise sales marketplace needs to be reinvented.

    查看New York Law Journal的组织主页
    New York Law Journal

    17,907 位关注者

    "As a lawyer exclusively representing franchisees, the types of claims that I see are numerous and varied. Anything from a franchisor’s failure to approve a transfer, to a threatened termination, to failure to support the franchise in a way the franchisee is expecting (which happens a lot)—the calls I receive keep my job interesting," writes Ron Gardner of Dady & Gardner, P.A. https://loom.ly/bSNZjdc

  • Acquisition Lab + Entrepreneurship Through Acquisition (ETA) is a superior option compared to buying a franchise and starting from scratch. Not even close.

    查看Walker Deibel的档案
    Walker Deibel

    Buying businesses and investing in the private market // Founder, PE & RE Fund, Advisor #BuyThenBuild

    I mean… https://lnkd.in/gv8DdpKW If you don’t know, The Lab isn’t a conference but my new videographer /editor team threw this together (and my kids love it!??).

    Acquisition_Lab_preview

    https://vimeo.com/

  • 查看Tim Ellisor的档案
    Tim Ellisor

    Advisor for Corporate, Government or Military Professionals Pivoting into Franchising | Due Diligence Support | Risk Mitigation | Expert Guidance | Not a Franchise Broker

    Franchise agreements heavily favor franchisors. I don’t know how we got here, but it’s the reality. Until prospective franchisees start refusing to sign these agreements, nothing will change.?

  • I'm going to say something that should concern a lot of franchise industry insiders. At least 45% of existing franchisees in the US should have put their money elsewhere. Why do I say this? About half of all franchise units belong to single unit owners. According to Franchise Business Review (FBR) the average income of the 35,000+ franchise owners they surveyed in the past 18 months is $132,439 per year. That sounds pretty good, but if you strip out the multi-unit owners in their survey the median income is just half that value. If we use FBR data as a proxy for the broader industry, that means owners of about 200,000 of the 800,000 franchise units in the US are earning just $66,000 or less per year. Also, according to FRANdata, there are just under 50,000 multi-unit franchise owners in the US, so the 200,000 low earning single unit franchise owners represent about 45% of all franchise owners. For them, franchising is not a platform for building wealth. No one invests six figures or multiple six figures to buy a job paying $66,000 or less per year. Many prospective franchisees are being sold a dream that will never be realized. There needs to be more transparency regarding actual financial outcomes for all franchisees, not just the well-heeled multi-unit success stories. That way those considering a franchise investment can make informed decisions about what to do with their hard-earned money. Franchise FastLane BrandONE Franchise Development FranDevCo REP'M Group International Franchise Professionals Group - IFPG FranServe, Inc. FranChoice Franchise Brokers Association FranNet International Franchise Association Franchise Times Entrepreneur Magazine AAFD Federal Trade Commission #ifa

  • 查看Tim Ellisor的档案
    Tim Ellisor

    Advisor for Corporate, Government or Military Professionals Pivoting into Franchising | Due Diligence Support | Risk Mitigation | Expert Guidance | Not a Franchise Broker

    If you are an aspiring franchisee thinking about investing in a franchise, first consider your investment options. Let's say you have a day job and $100,000 to invest. If you keep your day job and put this money into an index fund you have a reasonable chance to double your money in 10 years based on historical performance of the stock market. If you instead quit your day job and use the $100,000 to buy a single unit (low-cost) franchise you might eventually build this into a five-figure income that may or may not support your lifestyle. Let's say after 10 years you decide to sell your single-unit franchise that is earning you $60,000 per year. You may find a buyer willing to pay 2 to 3 times this value, or $120,000 to $180,000. You'll have some transaction costs, so let's say your sale nets you $100,000 to $150,000. So for the privilege of grinding it out for 10 years while barely making a living wage you end up with a return that likely nets you less than if you had just kept your day job and put your money in an index fund. And, considering your business may not survive, you took on considerably more risk for that privilege. The only way to make real money in franchising is to scale. You should always start with one unit, but if you don't have access to capital that will allow you to scale to multiple units in the future then you really need to think hard about whether franchising is the best investment option for you.

  • 查看Tim Ellisor的档案
    Tim Ellisor

    Advisor for Corporate, Government or Military Professionals Pivoting into Franchising | Due Diligence Support | Risk Mitigation | Expert Guidance | Not a Franchise Broker

    Prospective franchisees need to validate Item 7, Estimated Initial Investment, in the Franchise Disclosure Document during due diligence. This is particularly important for any retail concept. I followed all procedures and recommendations from my franchisor, Premier Martial Arts International, and my initial investment was 60% greater than the high estimate in Item 7. Check your local market and get this right in your pro forma.

  • 查看Tim Ellisor的档案
    Tim Ellisor

    Advisor for Corporate, Government or Military Professionals Pivoting into Franchising | Due Diligence Support | Risk Mitigation | Expert Guidance | Not a Franchise Broker

    Are you wondering whether a franchise brand has a proven business model, or is just a start-up?? That’s an important question, especially if you are an aspiring franchisee looking to manage risk. The answer depends on how long the franchise brand has been around. According to FRANdata, 86% of new franchise brands are start-ups, meaning they don't originate out of an established franchisor. These are small businesses with one or a few locations where the owner has decided to expand using the franchising model. Most of the time, the new franchisor has no prior franchising experience. Many of these new brands fail within the first five years.? Unless you are a budding venture capitalist, focus on brands that have been franchising for more than 5 years with a demonstrated track record of success.??

  • If you are an aspiring franchisee, do not use Entrepreneur Magazine Franchise 500 Ranking as a point of validation in selecting a brand.? One child enrichment brand was highly ranked in the 2023 Franchise 500 Ranking even though dozens of franchisees were suing the franchisor for fraud and other wrongdoing. The franchisor had even stopped selling territories because so many existing franchisees were struggling. Yet somehow the brand scored very well in the Franchise 500 Ranking for that year! We often don’t read the fine print, but please take the time to review Understand the Rankings which states, in part: “The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a tool to compare franchise operations. You should always conduct your own careful research before investing in a franchise. Read the FDD and related materials, get help from a franchise attorney and an accountant to review legal and financial documents, talk to as many existing and former franchisees as possible, and visit their outlets. Protect yourself by doing your homework to find the opportunity that’s best for you.” The Franchise 500 Ranking is a tool used to sell magazine subscriptions. Nothing more. Nothing less. As they say, do your homework!?

  • You don’t have to start a small business from scratch. Many aspiring franchisees don’t realize there are other paths to small business ownership.? You can buy an existing small business that trades for 2.5 to 4 times earnings and finance the acquisition with a loan backed by the U.S. Small Business Administration. There are trade-offs. All businesses have risks, and the SBA will require you to sign a personal guarantee on the loan. But having cash flow on day one of business ownership has benefits too.? If you want to learn more, here are a couple of books and one podcast to start with: ? Book: Buy Then Build by Walker Deibel?? ? Book: HBR Guide to Buying a Small Business by Richard S. Ruback and Royce Yudkoff?? ? Podcast: Acquiring Minds hosted by Will Smith??

  • If a franchisor presented you, a franchisee, with an agreement or amendment that included, in part, the following general release language, would you sign it? “The Releasing Parties acknowledge this general release extends to all claims the Franchisee Parties do not know or suspect to exist in their favor at the time of executing this Amendment, which if were known to exist may have materially affected the decision to enter into this Amendment. The Releasing Parties understand the facts in respect of which this general release is given may hereafter turn out to be other than or different from the facts known or believed to be true. The Releasing Parties expressly assume the risk of the facts turning out to be different and agree this general release shall be in all respects effective and not subject to termination or rescission by any such difference in facts.” Do you think this franchisor had something to hide? Work with an experienced franchise attorney to protect your rights as a franchisee!??

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