Michael Sam comes out, An openly gay player very likely to be drafted

TheOak · 02-17-2014, 07:13 AM

Originally Posted by ScottF

False information.
Do some research about the number of stores in affluent areas vs. lower income.
Look at the 'diversity' of the board of directors and executive officer pages.
Look at their franchisee demographics.

Your argument that they turn down 99.9% (it's closer to 92%) of applicants works the other way- they can afford to be selective and find owners who think the way they do. And of those they turn away, you know it isn't because they have 'too much money' and CFA is looking for lower income owners.

You also might want to look at CFA's fees; no way a low income owner could afford their net profit charge.

I did my homework and you reference my "argument" as if it is my opinion. It is reality. As far as the math. CFL grants roughly 75 to 80 per 10,000 applicants, .75 to .8 per every 100 applicants is not a full percent granted. So round to the closest answer.... Its not 92%.

1. A % of profit: If you understand profit, has zero to do with a franchise owners affluence, and everything to do with risk. Paying 50% of the profit to the parent company doesn't effect a person with $500 in the back more than it does a person with $5,000,000.00 in the bank. Its profit, not expense. it is what is left after everyone and everything is paid.

2. Market - All businesses study market before placement of a brick and mortar store. A target market is the market where a business has the best chance of success. Starbucks for example is supportive of the gay community, but if you look at the placement of their businesses you'll not find many in an area where the demographic and income level doesn't support $5 coffee. The adverse is also true, if you look at a map of Houston and see where Starbucks is not located you will find an abundance of La Michoacana grocery stores because they target and cater to lower income mostly Hispanic neighborhoods. Its not racism, or class warfare, its business.

3. Why does CFL get 10,000 applicants? Why do they take such a huge % of the profit? Because they take most of the risk by providing the brick and mortar store to the tune of 1-2.5m each, other franchises make the franchisee front the capital for the store... Guess who pays the monthly note for the land and building? So if you want to get into the affluence aspect of who CFL caters to, you will see they cater to low wealth entrepreneurs.

Total cost for a entrepreneurial franchisee out of pocket for a CFL = $5,000
Total cost for a entrepreneurial franchisee out of pocket for a Seattle's best Coffee (Owned by Starbucks) = look at the start up costs
Seattle's Best Coffee Franchise Information | Seattle's Best Coffee Ownership Cost, Requirements, & Fees

Now look at the start up costs for the top franchises of 2014 and compare that to $5,000
2014 Top Franchises from Entrepreneur's Franchise 500 List

As far as for CFL hand picking "like minded" individuals... Well that would involve a Q&A process that would bring the NAACP, US DoL, and every other entity governmental and non governmental down on them just for asking certain questions.

Do you think Mr. Charles Gibson was asked how he feels about blacks and gays during his vetting process? I suspect that with roughly 9,900 people being turned down a year if CFL was asking those questions the law suits would number in the thousands each year.
Chick-fil-A: Franchise Opportunities

What do you do for a living? Do you have a target market?

02-17-2014, 07:13 AM	#15
TheOak 10000 POST CLUB Join Date: Dec 2009 Location: Cypress Tx. Posts: 19,050	Re: Michael Sam comes out, An openly gay player very likely to be drafted Originally Posted by ScottF False information. Do some research about the number of stores in affluent areas vs. lower income. Look at the 'diversity' of the board of directors and executive officer pages. Look at their franchisee demographics. Your argument that they turn down 99.9% (it's closer to 92%) of applicants works the other way- they can afford to be selective and find owners who think the way they do. And of those they turn away, you know it isn't because they have 'too much money' and CFA is looking for lower income owners. You also might want to look at CFA's fees; no way a low income owner could afford their net profit charge. I did my homework and you reference my "argument" as if it is my opinion. It is reality. As far as the math. CFL grants roughly 75 to 80 per 10,000 applicants, .75 to .8 per every 100 applicants is not a full percent granted. So round to the closest answer.... Its not 92%. 1. A % of profit: If you understand profit, has zero to do with a franchise owners affluence, and everything to do with risk. Paying 50% of the profit to the parent company doesn't effect a person with $500 in the back more than it does a person with $5,000,000.00 in the bank. Its profit, not expense. it is what is left after everyone and everything is paid. 2. Market - All businesses study market before placement of a brick and mortar store. A target market is the market where a business has the best chance of success. Starbucks for example is supportive of the gay community, but if you look at the placement of their businesses you'll not find many in an area where the demographic and income level doesn't support $5 coffee. The adverse is also true, if you look at a map of Houston and see where Starbucks is not located you will find an abundance of La Michoacana grocery stores because they target and cater to lower income mostly Hispanic neighborhoods. Its not racism, or class warfare, its business. 3. Why does CFL get 10,000 applicants? Why do they take such a huge % of the profit? Because they take most of the risk by providing the brick and mortar store to the tune of 1-2.5m each, other franchises make the franchisee front the capital for the store... Guess who pays the monthly note for the land and building? So if you want to get into the affluence aspect of who CFL caters to, you will see they cater to low wealth entrepreneurs. Total cost for a entrepreneurial franchisee out of pocket for a CFL = $5,000 Total cost for a entrepreneurial franchisee out of pocket for a Seattle's best Coffee (Owned by Starbucks) = look at the start up costs Seattle's Best Coffee Franchise Information \| Seattle's Best Coffee Ownership Cost, Requirements, & Fees Now look at the start up costs for the top franchises of 2014 and compare that to $5,000 2014 Top Franchises from Entrepreneur's Franchise 500 List As far as for CFL hand picking "like minded" individuals... Well that would involve a Q&A process that would bring the NAACP, US DoL, and every other entity governmental and non governmental down on them just for asking certain questions. Do you think Mr. Charles Gibson was asked how he feels about blacks and gays during his vetting process? I suspect that with roughly 9,900 people being turned down a year if CFL was asking those questions the law suits would number in the thousands each year. Chick-fil-A: Franchise Opportunities What do you do for a living? Do you have a target market?
	It's not what you look at that matters, it's what you see. ~ Henry David Thoreau

LinkBacks (?) LinkBack to this Thread: https://blackandgold.com/nfl/64265-michael-sam-comes-out-openly-gay-player-very-likely-drafted.html
Posted By	For	Type	Date	Hits
Michael Sam comes out, An openly gay player very likely to be drafted	This thread	Refback	02-09-2014 10:00 PM	41