volume 3 | issue 7 ENTREPRENEURS THAT KICK ASS™ BASEBALL, PIZZA, FRANCHISING, AND A PROHIBITION ERA CONFECTIONERY SHOP Denino’s, 2015 in Staten Island, well... I made sure that the tradition passed on to my son, Alex, and so we went to Denino’s for pizza. The emotional connection that certain very unique and special businesses have on a childhood and Denino’s, 1923 As a child growing up there was nothing better than getting pizza after a little league baseball game and for those of you that know Staten Island, NY, well, there was and is no better place than Denino’s Pizzeria and Tavern. So many memories... and this past spring when my 12 year old son’s travel baseball team came to play a game on generations of families is quite rare and difficult to describe but Denino’s is one of those special businesses. So this past year our entire team was extremely proud and glad to be working with Michael Burke, Denino’s, and their entire team in assisting and guiding them in the launch of the Denino’s franchise system. Unlike —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. 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. Brian A. Lincer BASEBALL, PIZZA, FRANCHISING, AND A PROHIBITION ERA CONFECTIONERY SHOP TURNED —continued from page 1 other franchise systems focused on volume growth and rapid expansion, from the very, start Michael and his team insisted on implementing a franchise system that maintained the unique character and qualities that has made Denino’s a landmark for over seven decades. The franchise development model that we followed and adopted is not one focused on rapid expansion but on organic expansion that is initially focused on Denino’s ever expanding base of raving fans. It is always interesting to see the progression of a deninos.com business and how entrepreneurs overcome obstacles, plan. Which gets to the point that entrepreneurship try their best and, in certain cases, create landmark and success is more about a mindset of hard work, institutions. In the case of Denino’s, here are some trial and error, adapting and never giving up. If the interesting facts: Denino’s were just content selling candy, well I am sure almost no one would know about Denino’s. Likewise, if Michael Burke and his family, through hard work and dedication, did not stay true to Denino’s roots and their dedicated customer focus, well, like many other family owned businesses, Denino’s may not of stayed on the growth trajectory that it continues to enjoy. The true testament Denino’s was the sponsor of the 1964 Staten Island Little League Team to win the Little League World of Series; the fact that the Denino’s historic Pizzeria and Tavern started off as a confectionery continues to grow among yet shop during the prohibition era (photo on page 1); another generation Not until 1951 (28 years after the Denino’s - including my 12 family first started the business) did they introduce year old son who sat what is now Denino’s famous pizza. there eating pizza in Among many other awards, Denino’s has been a dirty grass stained consistently named Staten Island’s Best Pizza. baseball uniform. The Denino’s story is quite compelling and interesting Charles’ son, Alex on so many levels. For more information about Denino’s franchise system, deninosfranchisepizza.com. This historic pizzeria started off as a candy shop and although pizza came along it was not part of the original 2 is generational story of Talk about true entrepreneurship, today’s Denino’s The Business and Franchise Law Report | Volume 3 Issue 7 the visit: BUSINESS RESOURCES THAT KICK ASS HOW DO YOU MANAGE THE MOST IMPORTANT ASSET OF YOUR BUSINESS? I guess it is more important to start off with the question of, “What is the most important asset of your business?” Answer: Your customers and your customer list. So how do you maintain and manage this critical asset? Learning from and following the lead of our clients, over the years, our firm has become a big believer in Infusionsoft. Infusionsoft is a cloud based CRM (customer relationship management system) that is designed for small businesses and allows small business owners to maintain their customer lists, track prospects and customer communications. The system allows you to automate and control communications with new prospects and with your existing customers. It also allows you to track responses to your marketing and advertising campaigns and can power and automate a good deal of other tasks. The system is quite comprehensive and involves tools and tasks that every small business owner should be working on. Some Business Development Questions: 1. Do you maintain an active and current list of your customers? 2. Do you maintain an active and current list of prospects who contact your business but don’t convert into customers? 3. Have you established a long-term communication campaign (email, direct mail and phone calls) with your current and long term customers? www.Infusionsoft.com 4. Have you established a long-term communication campaign (email and direct mail) with prospects who didn’t convert and hire your business? 5. Do you know the conversion rate on your email, direct mail and marketing campaigns? If you don’t have a handle on these 5 questions, we definitely recommend that you check out Infusionsoft. What also makes Infusionsoft a compelling company is how they approach their own business development. Infusionsoft understands their target customers (small businesses) and so they have focused everything they do on helping small business owners succeed. Infusionsoft offers some great (free) articles and materials about strategic planning and business marketing: Visit www.Infusionsoft.com. Let us know what you think. Also if you are using a competing CRM system we would be glad to hear from you, learn about your experiences and share them with other readers of this newsletter. 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 Entrepreneur is someone who has a vision for something and a want to create.” —David Karp FRANCHISE ALERT LEARN HOW BROOKLYN-BASED LOBSTER JOINT FRANCHISED IT’S BUSINESS Lobster Joint is Brooklyn, New York’s version of the very best in New England comfort food and the place (joint) where you can find the freshest lobster rolls on the east coast. Bob Levitt and Thomas Chabrowski established a truly unique restaurant that has taken NYC by storm. They recently launched their franchise. Robert Levitt and Thomas Chabrowski Co-Founders of Lobster Joint Learn about the Lobster www.ownalobsterjoint.com Joint story by visiting IN THIS ISSUE ENTREPRENEURS THAT KICK ASS™ Baseball, Pizza, Franchising, and a prohibition era confectionery shop turned pizzeria PAGE 1 4 BUSINESS RESOURCES THAT KICK ASS How do you manage the most important asset of your business? PAGE 3 QUOTE OF THE MONTH Tumblr founder and CEO talks about Entrepreneurs PAGE 4 FRANCHISE ALERT Learn how Brooklyn-based Lobster Joint franchised it’s business PAGE 4
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