Who is Richard Porter in relation to Cinch I.T.?
Cinch_I_T Franchise · 2024 FDDAnswer from 2024 FDD Document
[Item 2: BUSINESS EXPERIENCE]
Item 2 BUSINESS EXPERIENCE
Managing Member – Richard E. Porter
Mr. Porter has been our Managing Member since our formation on January 2, 2019. Since January 2019, Mr. Porter has been Managing Member of Cinch HD in Worcester, Massachusetts. Since 2011, Mr. Porter has been CEO/President of Cinch I.T. MA and owner of its predecessor Simply IT located in Worcester, Massachusetts.
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD page 56)
What This Means (2024 FDD)
According to Cinch I.T.'s 2024 Franchise Disclosure Document, Richard E. Porter is the Managing Member of Cinch Franchise, LLC since its formation on January 2, 2019. He also holds the position of Managing Member at Cinch HD in Worcester, Massachusetts, since January 2019. Furthermore, since 2011, Mr. Porter has been the CEO/President of Cinch I.T. MA and the owner of its predecessor, Simply IT, also located in Worcester, Massachusetts.
As Managing Member, Richard Porter likely plays a significant role in the strategic direction and operational management of Cinch I.T. His extensive experience, including his roles as CEO/President of Cinch I.T. MA and owner of Simply IT, suggests he has a deep understanding of the IT services industry. This experience could be beneficial for franchisees as they navigate the challenges of starting and growing their own Cinch I.T. businesses.
Additionally, Richard Porter is one of the primary instructors for the "Cinch University" Training Program. He has 5 years of experience with Cinch I.T. and 20 years of experience in operations and finance. This indicates that he is involved in training new franchisees and sharing his knowledge and expertise. Prospective franchisees can expect to learn from his experience during the initial training program, which is designed to prepare them for operating their franchise.