How did you get into the industry?
After spending 19 years as a high school and college basketball head coach, I entered private business where I made more money than I knew what to do with. But I simply was not happy. My life had little purpose other than making money. I had a hole inside of me that needed to be filled and that’s when I started running youth basketball on weekends and weeknights to bring significance back to my life. It became obvious to me that I could make a very comfortable living doing what I loved. I incorporated in 2006, and, without fail, the business posted significant earnings every year. I’m one of the lucky few who combined their passion with their vocation.
What’s New in the Business or in the Franchise Model?
We stumbled upon an impressive and new revenue source for our business: afterschool programs. Parents are hungry for a quality program that can bring joy and physical activity for their children while they are waiting to be picked up. The revenue is eyebrow raising!
Where do you See Opportunities or Challenges for the Franchise/Business Moving Forward?
FIRST the CHALLENGES: As I type this, our country is battling a vicious pandemic. Our business and the franchise is simply put on hold until we heal. NOW the OPPORTUNITIES: When the time is right for us to return, our families will be so hungry for programs: we’ll come roaring back. THAT will be the perfect time to offer our franchise.
What is your Goal for the Business Moving Forward?
Our goal is to grow the franchise business at a comfortable rate and to ensure that when we award a franchise that it will be to the right person.
Talk to us About Training and Support, How Do You Deliver?
Oh, this is what I look forward to more than anything. I’m a gifted teacher, trainer and motivator. My enthusiasm, experience and organizational skills will make our training and support so helpful. One of the highlights of our training will be to have a roundtable discussion with some of our parents (clients) so our franchisees can hear firsthand what our familes value about Yes I Can Basketball. Bottom line – this is a proven but unique business model. The training will be directed by Dan McGovern. He’s the founder of Yes I Can Basketball with decades of experience and is eager to share his tips, secrets and proven techniques to ensure success.
How is your Franchise Model Structured?
• What is the Fee Structure? 7% of gross monthly revenue.
• Territory Definition? The territory will be 250,000 – 500,000. The territory however needs to have ample residential areas with homes that boast comfortable incomes, and access to school, recreation or community gyms that are affordable to rent.
What Does Your Franchisee Do in the Business Every Day?
Using impressive self-discipline, the franchisee will spend each day doing a variety of duties: Planning, organizing, training, marketing, communicating, payroll, website maintenance, and more. At first, many of these duties can be handled by the franchisee from the comfort of their home office, but as the franchise grows, full-time/part-time employees may need to be added.
Who is the Ideal Franchise Candidate?
- The ideal candidate must have a reputation that is above reproach.
- They must be a person with high character who is searching for purpose and significance in life.
- An entrepreneurial spirit is expected.
- Impressive background as a basketball coach or player is helpful but not required, but they must have proven experience teaching and motivating youth.
- Our most successful franchise candidates will be more like youth ministers who had way too much caffeine.
- Polished communication skills.
- Must have patience to grow the business.
- Ideal candidate will have a P.H.D. (translation = Poor. Hungry. Driven)
For more information on the Yes I Can Basketball Franchise, visit the corporate site: https://www.yesicanbasketball.com/