<br />
FALL 2016<br />
MONEY MATTERS<br />
Tax-efficient corporate structures can be<br />
beneficial for franchise owners<br />
Also Inside:<br />
GAC Report • 2017 Convention Preview • REACH Scholars<br />
<br />
COLONEL REWARDS<br />
INCENTIVE PROGRAM<br />
WWW.KFCREWARDS.COM<br />
FREQUENTLY SUGGESTIVE SELLING DRINK ADD-ONS WITH GROUP AND INDIVIDUAL<br />
OCCASION ORDERS CAN HELP YOUR TEAM MOVE UP IN THE WEEKLY RANKINGS<br />
1 Log in to kfcrewards.com<br />
2 Redeem your card<br />
STORES WILL BE RANKED BY THEIR DRINKS PER<br />
TRANSACTION IN EACH OF THE 12 NCAC REGIONS.<br />
ALL TEAM MEMBERS IN THE TOP THREE STORES<br />
IN EACH REGION<br />
RECEIVE $25 COLONEL 3 Shop for prizes<br />
REWARDS CREDIT.<br />
NO PURCHASE NECESSARY. Visit www.kfcrewards.com for Official Rules.<br />
PEPSI, the Pepsi Globe, SIERRA MIST and MOUNTAIN DEW are registered trademarks of PepsiCo,<a title="AKFCF_Fall16_Final page 1" href="http://viewer.zmags.com/publication/3bbeda69?page=1"> FALL 2016 MONEY MATTERS Tax-</a>
<a title="AKFCF_Fall16_Final page 2" href="http://viewer.zmags.com/publication/3bbeda69?page=2"> </a>
<a title="AKFCF_Fall16_Final page 3" href="http://viewer.zmags.com/publication/3bbeda69?page=3"> COLONEL REWARDS INCENTIVE PROGRAM WWW.KFCREW</a>
<a title="AKFCF_Fall16_Final page 4" href="http://viewer.zmags.com/publication/3bbeda69?page=4"> contents table of Fall 2016 FALL 2016 </a>
<a title="AKFCF_Fall16_Final page 5" href="http://viewer.zmags.com/publication/3bbeda69?page=5"> Fall 2016 g AKFCF Quarterly 3</a>
<a title="AKFCF_Fall16_Final page 6" href="http://viewer.zmags.com/publication/3bbeda69?page=6"> From the Editor Harvest Time 6 By Miche</a>
<a title="AKFCF_Fall16_Final page 7" href="http://viewer.zmags.com/publication/3bbeda69?page=7"> Fall 2016 g AKFCF Quarterly 5</a>
<a title="AKFCF_Fall16_Final page 8" href="http://viewer.zmags.com/publication/3bbeda69?page=8"> 6 AKFCF Quarterly g Fall 2016 </a>
<a title="AKFCF_Fall16_Final page 9" href="http://viewer.zmags.com/publication/3bbeda69?page=9"> Fall 2016 g AKFCF Quarterly 7</a>
<a title="AKFCF_Fall16_Final page 10" href="http://viewer.zmags.com/publication/3bbeda69?page=10"> President’s Report Strategic Plan Update </a>
<a title="AKFCF_Fall16_Final page 11" href="http://viewer.zmags.com/publication/3bbeda69?page=11"> P&G Professional Total Foodservice Program STREAM</a>
<a title="AKFCF_Fall16_Final page 12" href="http://viewer.zmags.com/publication/3bbeda69?page=12"> NCAC Report Focusing On The Subcommittees 6</a>
<a title="AKFCF_Fall16_Final page 13" href="http://viewer.zmags.com/publication/3bbeda69?page=13"> the responsibility to appoint sub- committee memb</a>
<a title="AKFCF_Fall16_Final page 14" href="http://viewer.zmags.com/publication/3bbeda69?page=14"> In The News KFC Fans Use Snapchat to Bring O</a>
<a title="AKFCF_Fall16_Final page 15" href="http://viewer.zmags.com/publication/3bbeda69?page=15"> WWE Superstar Dolph Ziggler Becomes KFC’s New Col</a>
<a title="AKFCF_Fall16_Final page 16" href="http://viewer.zmags.com/publication/3bbeda69?page=16"> In The News Yum Looks to be Leaner After Chi</a>
<a title="AKFCF_Fall16_Final page 17" href="http://viewer.zmags.com/publication/3bbeda69?page=17"> Vic West, 91, franchisee in Laurel, Miss., passed</a>
<a title="AKFCF_Fall16_Final page 18" href="http://viewer.zmags.com/publication/3bbeda69?page=18"> GAC Report The SUPREME COURT </a>
<a title="AKFCF_Fall16_Final page 19" href="http://viewer.zmags.com/publication/3bbeda69?page=19"> IMPACT on the AKFCF A s we approach th</a>
<a title="AKFCF_Fall16_Final page 20" href="http://viewer.zmags.com/publication/3bbeda69?page=20"> GAC Report The current makeup of the cour</a>
<a title="AKFCF_Fall16_Final page 21" href="http://viewer.zmags.com/publication/3bbeda69?page=21"> AKFCF – PolitiCAl ACtion Committee (PAC) The </a>
<a title="AKFCF_Fall16_Final page 22" href="http://viewer.zmags.com/publication/3bbeda69?page=22"> 2017 Convention Preview T CO 20 AKFCF Q</a>
<a title="AKFCF_Fall16_Final page 23" href="http://viewer.zmags.com/publication/3bbeda69?page=23"> he 2017 AKFCF ANNUAL VENTION ‘Coming Soon’ to the</a>
<a title="AKFCF_Fall16_Final page 24" href="http://viewer.zmags.com/publication/3bbeda69?page=24"> 2017 Convention Preview From Feb. 26 to mar. </a>
<a title="AKFCF_Fall16_Final page 25" href="http://viewer.zmags.com/publication/3bbeda69?page=25"> Above: The famous “Greetings from Austin Mural” a</a>
<a title="AKFCF_Fall16_Final page 26" href="http://viewer.zmags.com/publication/3bbeda69?page=26"> 2017 Convention Preview </a>
<a title="AKFCF_Fall16_Final page 27" href="http://viewer.zmags.com/publication/3bbeda69?page=27"> Above: Austin Convention Center Atrium. Photo: Au</a>
<a title="AKFCF_Fall16_Final page 28" href="http://viewer.zmags.com/publication/3bbeda69?page=28"> 2017 Convention Preview better place than our </a>
<a title="AKFCF_Fall16_Final page 29" href="http://viewer.zmags.com/publication/3bbeda69?page=29"> So much more than just beans. See what Del Monte®</a>
<a title="AKFCF_Fall16_Final page 30" href="http://viewer.zmags.com/publication/3bbeda69?page=30"> On Tuesday, our keynote speaker, NFL Hall of </a>
<a title="AKFCF_Fall16_Final page 31" href="http://viewer.zmags.com/publication/3bbeda69?page=31"> In traditional format, you will again have the</a>
<a title="AKFCF_Fall16_Final page 32" href="http://viewer.zmags.com/publication/3bbeda69?page=32"> REACH Recipients REACH GRANT PROGRAM Expands To I</a>
<a title="AKFCF_Fall16_Final page 33" href="http://viewer.zmags.com/publication/3bbeda69?page=33"> All KFC U.S. restaurant employees at participat</a>
<a title="AKFCF_Fall16_Final page 34" href="http://viewer.zmags.com/publication/3bbeda69?page=34"> REACH Recipients Meet Kymberly </a>
<a title="AKFCF_Fall16_Final page 35" href="http://viewer.zmags.com/publication/3bbeda69?page=35"> NAME OF EMPLOYEE FRANCHISEE K</a>
<a title="AKFCF_Fall16_Final page 36" href="http://viewer.zmags.com/publication/3bbeda69?page=36"> REACH Recipients REACH Education Grant Winners N</a>
<a title="AKFCF_Fall16_Final page 37" href="http://viewer.zmags.com/publication/3bbeda69?page=37"> REACH Education Grant Winners NAME OF EMPLOYEE </a>
<a title="AKFCF_Fall16_Final page 38" href="http://viewer.zmags.com/publication/3bbeda69?page=38"> REACH Recipients REACH Education Grant Winners NA</a>
<a title="AKFCF_Fall16_Final page 39" href="http://viewer.zmags.com/publication/3bbeda69?page=39"> NAME OF EMPLOYEE FRANCHISEE Nyh</a>
<a title="AKFCF_Fall16_Final page 40" href="http://viewer.zmags.com/publication/3bbeda69?page=40"> REACH Recipients REACH Education Grant Winners N</a>
<a title="AKFCF_Fall16_Final page 41" href="http://viewer.zmags.com/publication/3bbeda69?page=41"> REACH RISING STARS ARE PREVIOUS REACH GRANT WINNE</a>
<a title="AKFCF_Fall16_Final page 42" href="http://viewer.zmags.com/publication/3bbeda69?page=42"> Money Matters </a>
<a title="AKFCF_Fall16_Final page 43" href="http://viewer.zmags.com/publication/3bbeda69?page=43"> Tax-Efficient Corporate Structures By David Zammit</a>
<a title="AKFCF_Fall16_Final page 44" href="http://viewer.zmags.com/publication/3bbeda69?page=44"> Money Matters Strategic Issues There are a </a>
<a title="AKFCF_Fall16_Final page 45" href="http://viewer.zmags.com/publication/3bbeda69?page=45"> 2. Who can own. For the most part, S Corporations</a>
<a title="AKFCF_Fall16_Final page 46" href="http://viewer.zmags.com/publication/3bbeda69?page=46"> Money Matters a</a>
<a title="AKFCF_Fall16_Final page 47" href="http://viewer.zmags.com/publication/3bbeda69?page=47"> allows a step-up to the entity on sales and d</a>
<a title="AKFCF_Fall16_Final page 48" href="http://viewer.zmags.com/publication/3bbeda69?page=48"> Leadership FOLLO 46 AKFCF Quarterly g </a>
<a title="AKFCF_Fall16_Final page 49" href="http://viewer.zmags.com/publication/3bbeda69?page=49"> W ME BY STEVE GILLILAND Fall 2016 </a>
<a title="AKFCF_Fall16_Final page 50" href="http://viewer.zmags.com/publication/3bbeda69?page=50"> Leadership I f you want people to follow you, th</a>
<a title="AKFCF_Fall16_Final page 51" href="http://viewer.zmags.com/publication/3bbeda69?page=51"> Fall 2016 g AKFCF Quarterly 49</a>
<a title="AKFCF_Fall16_Final page 52" href="http://viewer.zmags.com/publication/3bbeda69?page=52"> Finance Committee Report Looking Back On Re</a>
<a title="AKFCF_Fall16_Final page 53" href="http://viewer.zmags.com/publication/3bbeda69?page=53"> their first year on the committee. Thank you for </a>
<a title="AKFCF_Fall16_Final page 54" href="http://viewer.zmags.com/publication/3bbeda69?page=54"> Treasurer’s Report Holding The Line 6 By</a>
<a title="AKFCF_Fall16_Final page 55" href="http://viewer.zmags.com/publication/3bbeda69?page=55"> Beverages Report Beverage Update 6 By J</a>
<a title="AKFCF_Fall16_Final page 56" href="http://viewer.zmags.com/publication/3bbeda69?page=56"> KFC/NPC Report More Profit, Less Risk, And Le</a>
<a title="AKFCF_Fall16_Final page 57" href="http://viewer.zmags.com/publication/3bbeda69?page=57"> Fall 2016 g AKFCF Quarterly 55</a>
<a title="AKFCF_Fall16_Final page 58" href="http://viewer.zmags.com/publication/3bbeda69?page=58"> RSCS Member Programs ‘How I saved $5,000 per</a>
<a title="AKFCF_Fall16_Final page 59" href="http://viewer.zmags.com/publication/3bbeda69?page=59"> often kept by consultants). I always en- courage </a>
<a title="AKFCF_Fall16_Final page 60" href="http://viewer.zmags.com/publication/3bbeda69?page=60"> Regional Short Upper Midwest: A Best Practice</a>
<a title="AKFCF_Fall16_Final page 61" href="http://viewer.zmags.com/publication/3bbeda69?page=61"> through an orientation session and are assigned t</a>
<a title="AKFCF_Fall16_Final page 62" href="http://viewer.zmags.com/publication/3bbeda69?page=62"> Executive Director Update Have No Fear; It J</a>
<a title="AKFCF_Fall16_Final page 63" href="http://viewer.zmags.com/publication/3bbeda69?page=63"> Business Cards Include your bus</a>
<a title="AKFCF_Fall16_Final page 64" href="http://viewer.zmags.com/publication/3bbeda69?page=64"> Legal Update You Have A New Franchisor 6</a>
<a title="AKFCF_Fall16_Final page 65" href="http://viewer.zmags.com/publication/3bbeda69?page=65"> have not been audited for several years (as it op</a>
<a title="AKFCF_Fall16_Final page 66" href="http://viewer.zmags.com/publication/3bbeda69?page=66"> Looking Back </a>
<a title="AKFCF_Fall16_Final page 67" href="http://viewer.zmags.com/publication/3bbeda69?page=67"> Fall 2016 g AKFCF Quarterly 65</a>
<a title="AKFCF_Fall16_Final page 68" href="http://viewer.zmags.com/publication/3bbeda69?page=68"> </a>