Everything you never asked to know about the franchise business is covered in this conversation between Ray Gillenwater and our franchise attorney, Tim Pickwell. If business legal minutia gets your engines revving, we feel sorry for you, but the good news is you may enjoy this podcast episode. And for those of you that say we're boring...this episode is evidence that you are indeed correct.

01:02 Franchise attorney

02:54 How SS Gyms operates vs others

05:42 Cash flow positive

06:49 Franchisee success and treatment compared to others

09:36 Majority of revenue from royalties

12:16 Maintaining quality and growing as slowly as we need to grow

20:30 Relevant regulations and why they were created

27:11 Federal Trade Commission

31:34 North American Securities Administrators Association

36:56 Are the FDD and laws obsolete?

39:49 No SS Gyms in California and New York

44:50 Thank you to our members

46:11 How many franchise companies are self funded?

48:21 40 gyms is the magic number

48:51 What could we do better?

51:19 Ray Kroc

51:58 Good things to come

57:35 We love transparency