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Show Notes

(00:00:00) - Welcome to Business Breakdowns

(00:04:25) - Exploring the Resale Market with Winmark's CEO

(00:06:34) - The Mechanics of Winmark's Franchise Model

(00:07:10) - Winmark's Unique Position In The Resale Economy

(00:12:21) - Franchisee Support and Business Model Insights

(00:20:44) - Growth Strategies and Franchisee Expansion Philosophy

(00:24:12) - A Look At The Franchisee Agreement

(00:26:57) - Traits of Successful Franchisees and Common Mistakes

(00:28:42) - Effective Marketing Strategies for Franchisees

(00:30:45) - The Importance of Viewing Stores as Legacy Assets

(00:32:33) - Renewal Rates and Franchisee Health as Key Metrics

(00:35:27) - Shifting Focus From Leasing Business to Core Resale Operations

(00:41:19) - Capital Allocation and Shareholder Value

(00:45:51) - A Unique Approach to Investor Relations

(00:47:31) - Lessons Learned From Breaking Down Winmark