Partnership Concept
TFC is excited to generate real opportunity for franchisors that are looking for a long-term partnership of meaning.
The TFC partnership concept has three main components:
TFC follows the FirstService Corporation partnership model. In this model, senior management teams own direct equity in the platforms they run day to day, ensuring that TFC and the partner are all working together to build long-term shareholder value. TFC also use performance-based compensation to encourage management to grow EBITDA year over year. The company believes that operating decisions are best made by the people on the front lines: people who are the leaders in their industries and who have a vested interest in their businesses.
TFC platforms are led by teams with tenure. The best choice to continue the management of a platform after partnering is the team that has already achieved success.
Partners must have strong and respected brand names with the potential to lead their sectors. Partners must have the ability to generate steady, predictable and positive operating cash flow (EBITDA). Partners must be aligned with the TFC values.
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