THE FRANCHISE SYSTEM

A quote from Joe Serra

Article Tools
Reprint Reprints image Print
Send a letter Respond Size: larger  smaller
Related Links
Related Stories
Related Topics
Joe Serra, president, Serra Automotive Inc., Grand Blanc, Mich.
 
September 25, 2006 - 12:01 am ET
State (franchise) laws, state regulations are always going to make it difficult for manufacturers to alter the way they do business.

I have financial partners in every deal, because it's critical that the people running the operation, that their life's in it, their blood is in it, their money's in it. Then your level of energy and effort is increased. You're not 'working for'; you are a part of the organization. You'll know that by how people talk. Once you get 'part of' vs. 'working for,' you can do amazing things.

Forget the capital and the time - the manufacturers can always go get that. It's state laws and individual ownership.

Contact Automotive News

image Print   Send a letter Respond to Editor   Reprint Reprints        

COMMENTS

Have an opinion about this story?
Click here to submit a Letter to the Editor, and we may publish it in print.

Or submit an online comment below

Readers are solely responsible for the content of the comments they post here. Comments are subject to the site's terms and conditions of use and do not necessarily reflect the opinion or approval of Automotive News. Readers whose comments violate the terms of use may have their comments removed or all of their content blocked from viewing by other users without notification.