Negotiations Begin, First Target Space

We started the process of nailing down some of the terms of our arrangement with The Chippery. Since they're not fully ready to enter into business as a franchisor, they proposed we enter into a supplier agreement with an option to convert to a Master Licensee when they do file all of their registration documents. I don't see a problem with this and Jim thinks it may even be better for us to go this route.

Jim has met with a few leasing reps for malls in the area. Namely Aventura, Palm Beach Gardens and Wellington Green. The primary target will be Wellington Green. His ideal is to build out a kiosk-like space right in the way of the main entrance by the food court.

Attorneys and Consultant

Having decided to move forward with The Chippery, I got serious and retained an attorney that specializes in franchises. I would be working with Andy Friedman and Ron Rosenwasser from Friedman, Rosenwasser and Goldbaum, P.A. Ron recommended that I speak with Jim Trindade regarding mall spaces and he arranged the introduction.

Jim is a retail real-estate specialist. His credentials are very impressive and his contacts would make securing prime space much easier. I hired Jim and we set a timeline for his deliverables.

Things are starting to take shape. I have two investors interested in giving me cash for a percentage of the first unit and I'm starting to round out a solid advisory team.