volume 3 | issue 6
ENTREPRENEURS THAT KICK ASS™
“MANY PEOPLE SAY ENTREPRENEURS ARE LUCKY, I DON’T BELIEVE THAT IS EVER TRUE” understanding of business, what it takes “ to create a successful organization and the positive impact and leadership role that he brings to the franchise community.
The Story of IFPG. After working with hundreds of business brokers and franchises through Don Daszkowski BusinessMart.com – a company Don launched in 2006 – Founder of IFPG he realized that there was a need for better support for independent franchise brokers and consultants. IFPG I have had the benefit of working with Don Daszkowski has solved that issue. for many years. Don is the Founder of the International Franchise Professionals Group (also known as IFPG) “As an entrepreneur, I almost immediately realized there which is a membership based organization with was something special because many IFPG Members over 800 members including Franchisors, Franchise earn their living by using our service. It’s a great feeling Brokers, Lenders, and other Franchise Professionals to when a member calls us and lets us know they sold a help potential candidates in the process of buying a franchise,” Don explains. “We recently had a franchise franchise. company join the IFPG. Within their first three months, they sold a franchise using an IFPG Consultant. The I am always impressed with Don’s knowledge and —continued on page 2
ABOUT THE INTERNICOLA LAW FIRM, P.C. The Internicola Law Firm, PC is a specialized business and franchise law firm dedicated to supporting entrepreneurship and assisting entrepreneurs and business owners in building great businesses. This newsletter is all about entrepreneurship and sharing with our clients, colleagues and friends a mindset of success, best practices for business expansion and protection and learning from one another. This newsletter means a lot to us, we hope you enjoy it and we are always glad to hear from you with any comments or suggestions that you may have. Brian A. Lincer Charles N. Internicola email [email protected] | web www.BusinessandFranchiseLaw.com | tel 800.976.4904
The Business and Franchise Law Report is a publication of the Charles N. Internicola Law Firm, P.C., and is intended to educate the general public about business law issues. It is not intended to be legal advice. The information in this newsletter may be freely copied and distributed as long as the newsletter is copied in its entirety. “MANY PEOPLE SAY ENTREPRENEURS ARE LUCKY, I DON’T BELIEVE THAT IS EVER TRUE —continued from page 1 franchisor was extremely happy and the Consultant a small team, take advantage of it and do what larger made a $37,500 commission for him and his family. That companies can’t do.” feels good when you get a call from both parties and Qualities to Look For in Your Team to Build a they are both extremely happy.” Great Business. No one on Don’s team will ever The Most Important Success Factors for say “that isn’t my job”. All team members should be Entrepreneurs: Keep Focus and Prioritize Your willing to wear many hats and help each other. “I don’t Goals. Don keeps focus on his core business plan build my team based only on a skill set or experience, which is running a membership based building my team with people who organization with a 100% focus on are passionate about what you do is supporting, educating and proactively “I am an most important.” helping it’s members. “The minute entrepreneur at Final Advice. “Many people say I lose focus on my core business heart and have entrepreneurs are lucky, I don’t plan, my clients are affected. I advise always owned believe that is ever true. The Roman entrepreneurs to put clients first, philosopher Seneca said it best. stay true to your business plan, don’t and ran my own ‘Luck is when preparation meets chase ideas for a quick buck and every businesses. opportunity.’ If you are considering day make sure what you are doing is I have a love for making that call to a strategic partner building an asset.” or going to that next networking He also strongly recommends what I do.” meeting, do it, good things will prioritizing your goals by continuously —Don Daszkowski always happen.” setting up projections to see how ideas IFPG is an amazing organization that will impact clients. “I have a list of tasks for each week. can serve as a tremendous resource for many in the The list is prioritized depending on the amount of franchise industry. Be sure to reach out the IFPG team revenue each item might bring in or the biggest impact to see how a membership may benefit your business. it will make on my clients. So, if I have idea that made an For more information about how the impact on 50% of my clients and I have another idea on International Franchise Professionals my list that will make an impact on only 2% of clients, G r o u p m a y b e n e fi t y o u r b u s i n e s s , v i s i t : the higher one will hit the top of the list.” www.IFPG.org or call (888) 977-IFPG. Being a “B” Player in Your Industry. “You don’t always have to be number one in your industry... Being a smaller ‘B player’ is usually a benefit. Do a Google search Special Resource: “The Lean for Paul Graham’s blog post called Do Things That Can’t Startup” by Eric Ries. Launching Scale. Smaller companies can often out maneuver larger a new startup? Don Daszkowski companies, it doesn’t take me weeks and 5 meetings to recommends all entrepreneurs should make a decision like larger companies do. If you have read about “The Lean Startup” approach.
2 The Business and Franchise Law Report | Volume 3 Issue 6 FIRM NEWS
THE INTERNICOLA LAW FIRM GOES LASER TAGGING! Our team recently took a trip to Indoor Extreme Sports and participated in a few rounds of laser tag against the staff at John Tapinis and Associates - local accounting, tax and consulting firm (www.groupjt.com).
Indoor Extreme Sports also offers zombie laser tag, black- ops laser tag, paintball, I Survived the Room™, and the world’s first safe archery battle.
Can you guess which team won?
If you are in the Staten Island or Long Island City area, be sure to check out this unique and fun business: indoorextremesports.com.
RESOURCE
RESOURCE FOR ENTREPRENEURS: INTRODUCING OUR REDESIGNED WEBSITE
We are proud to announce the launch of our redesigned website: www.BusinessAndFranchiseLaw.com. Last time we redesigned the website, we trashed the “typical lawyer stuff” and focused on resources for entrepreneurs and business owners to assist with Business Expansion, Business Protection, Partnership Disputes, and Legal Counsel for Your Business.
This time, we amped up our resource center where you can learn more about some of our clients, why they inspire us and why we think they kick ass. Also, find tools, resources, articles, videos, and gear that are all about building a great business. We hope you like it and find it helpful. Here are a few images from the new website:
Your opinion is important to us so feel free to visit the new website: www.BusinessAndFranchiseLaw.com and let us know what you think! All feedback is welcome.
www.BusinessandFranchiseLaw.com 3 1000 South Avenue | Suite 104 Staten Island, NY 10314
1.800.976.4904 www.BusinessandFranchiseLaw.com
CONNECT WITH US!
QUOTE OF THE MONTH
If you are not willing to risk the usual, you will have to “settle for the ordinary.” —Jim Rohn
FRANCHISE ALERT
DENINO’S GOES FROM CONFECTIONERY TO HISTORIC NYC PIZZERIA, BAR AND TAVERN TO FRANCHISE We are proud to be part of Michael Burke’s journey in franchising the extremely popular Staten Island pizzeria, Denino’s. Denino’s has been a family tradition for over 75 years where John Denino started a confectionery in 1923 and eventually, in 1937, Carlo Denino opened in it’s current location. Learn more about the story of this great business and the steps it took to franchise by visiting: franchiselawsolutions. com/entrepreneurs/deninos-pizzeria-tavern.html For information about Denino’s franchising opportunities, visit: Michael Burke Franchisor of Denino’s DeninosPizzeriaFranchise.com
IN THIS ISSUE
ENTREPRENEURS THAT LAW FIRM GOES RESOURCE FRANCHISE ALERT KICK ASS™ LASER TAGGING Check out our Denino’s, one of the most Don Daszkowski, Founder of IFPG, Our staff’s trip to Indoor newly redesigned popular pizzeria’s in Staten reveals advice for entrepreneurs Extreme Sports website! Island is franchising PAGE 1 PAGE 3 PAGE 3 PAGE 4
4