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Instant Imprints Gives 'Zees a Tangible Stake


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COO Mike Boyd, left, and CEO Ralph Askar of Instant Imprints.

Nearly all franchisors hope to align their interests with their franchisees’, of course, but Instant Imprints believes it is the only franchisor to offer something more tangible in that effort: 10,000 gifted common shares to every existing and new franchisee at no additional cost.

“As proof of our commitment to our franchisees, we offer them a piece of the whole company, not just in their individual franchise. We are the first and only franchise to share ownership with our franchisees,” claims Mike Boyd, COO.

Of course, shares in privately held companies have no market value, but Boyd adds the San Diego-based franchisor of business service centers has a goal to go public. Right now the target is the year 2020, although with a modest 49 operating centers across the U.S. today that seems ambitious.

Still, giving the franchisees a piece of the franchisor pie looks like a smart way to get everyone working from the same page.

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Tom KaiserTom Kaiser is associate editor of Franchise Times. He can be reached at 612.767.3209, or send story ideas to tkaiser@franchisetimes.com.
 
Beth EwenBeth Ewen is editor-in-chief of Franchise Times. She can be reached at 612.767.3212, or send story ideas to bewen@franchisetimes.com.
 
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Mary Jo LarsonLaura Michaels is managing editor of Franchise Times. She can be reached at 612.767.3210, or send story ideas to lmichaels@franchisetimes.com.
 
Mary Jo LarsonMary Jo Larson is the publisher of Franchise Times Magazine and the Restaurant Finance Monitor.  You can find her on Twitter at
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Nancy WeingartnerNancy Weingartner is editor-at-large of Franchise Times magazine and the editor of the Food On Demand media project. You can reach her at 612-767-3200 or at nancyw@franchisetimes.com.
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