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Oakland County Court Grants $487,000 to Wireless Toyz and Joe Barbat

February 24th, 2012 Comments off

Oakland County Court grants $487,000 to Wireless Toyz, its CEO Joe Barbat, and Other officers of the company.

On January 17, 2012, Oakland County Circuit Court Judge Shalina D. Kumar awarded case evaluation sanctions against David Abbo and Colorado Toyz, LLC in favor of Wireless Toyz, its CEO Joe Barbat, Richard Simtob and Jack Barbat.  On February 15, 2012, Judge Kumar entered a judgment against David Abbo and Colorado Toyz, LLC in favor of Wireless Toyz its CEO Joe Barbat, Richard Simtob and Jack Barbat in the amount of $487,000.

The plaintiffs in the case, David Abbo and Colorado Toyz, LLC, have filed a malpractice law suit against their former attorneys, Norman Yatooma & Associates, Norman Yatooma and Robert Zawideh for malpractice and other claims.

“We are pleased with the outcome of the trial.  To see the court recognize that plaintiffs and their attorneys who seek to abuse the legal system will be held accountable is important to the integrity of our legal system…. justice has been served”.  Says Joe Barbat Wireless Toyz Chairman and CEO.  Barbat continued to say…  “This was an unfortunate case of bad legal advice that cost the plaintiff(s) severely.  Although the outcome was appropriate, well deserved and justified my feelings go out to Mr. Abbo and his family”.

About Joe Barbat and Wireless Toyz:

Joe Barbat founded Wireless Toyz in 1996.  Under Joe Barbat’s direction, Wireless Toyz began franchising in 2001, following the success of the company’s first store. By the end of 2004, Joe Barbat had established 62 Wireless Toyz locations. Today, Wireless Toyz has 72 locations across the country.  Joe Barbat attributes Wireless Toyz’s success to its innovative business model, which allows customers to compare several service plans and products side-by-side.

The Wireless Toyz business model has also been of great benefit to the Wireless Toyz franchisees, and Joe Barbat takes pride in providing others with a means to launch their own careers.

New Nokia Windows Phone Previewing Tomorrow

January 8th, 2012 Comments off

Tomorrow at the Consumer Electronics Show (CES) in Las Vegas, NV Nokia plans to unveil a new mobile phone called the Lumia 900.

Image courtesy of VentureBeat.com

The new device is intended to use the Windows operating system on the AT&T network.  The New York Times has cited unnamed sources regarding the launch of the new phone.  However, the phone is said to have a profile that is “sleek” and “metallic” in nature.  AT&T and Nokia both have media press conferences scheduled for tomorrow at CES.

Lumia 900 Rumors

“Code named Ace” and “rumored to have a 4.3 inch screen”. – InFlexWeTrust.com

It weighs “just 18 grams more than the Lumia 800″. – PocketNow.com

“Half a gig of RAM, Windows Phone 7.5 (Mango), and an 8 megapixel shooter”. – Engadget.com

“Will arrive with both AT&T 3G and T-Mobile AWS 1700 Mhz band support, which hints that it could get released on both carriers”. – PhoneArea.com

Your Thoughts

What do you predict for Nokia as it launches this new phone?  Will it truly compete with the other players in the market such as Apple or BlackBerry?  Let me know your thoughts by contacting me through the Joe Barbat website.

 

 

Joe Barbat Popular Wireless Tweets

May 26th, 2011 Comments off

Joe Barbat CEO of Wireless ToyzI love to follow people on Twitter and to learn about their opinions and thoughts about the Wireless Industry.  Recently, I was able to locate some great tweets that I would like to share with you:

Headlamp2_normal
ColinSzechy: Wireless Toyz next to the gas station is the best store I have ever been to. They define customer service.
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X7Nokia: Parags20: _Nokia X7_ is the best smart phone ever which has… | more �. On _Nokia X7_ 00 Sensation in India. Adrian… http://dlvr.it/T4N1L
Apple-ipad-tablet-best_normal
AppliPadTablet: Apple iPad 2 Vs Samsung Galaxy Tab 10.1 Comparison [Features & Specs] With the launch of Apple… http://goo.gl/FubT6
If you would like to learn more about the Wireless Industry or Franchising, I encourage you to follow me on Twitter or subscribe to my blog RSS feed to receive timely information.
You can also provide feedback through my personal website regarding your thoughts about the wireless industry, products, features, and more by contacting me.

Joe Barbat’s Wireless Toyz History

Joe Barbat founded Wireless Toyz in 1996 as a single pager kiosk inside his father’s video store in Farmington Hills, Michigan. By identifying and filling a crucial consumer need, Joe Barbat brought in sufficient revenues to open his own store in only a year.

Under Joe Barbat’s direction, Wireless Toyz began franchising in 2001, following the success of the company’s first store. By the end of 2004, Joe Barbat had established 62 Wireless Toyzs. In 2006, Wireless Toyz had 180 locations across the country, and the number of franchises continues to grow. Joe Barbat attributes Wireless Toyz’s success to its innovative business model, which allows customers to compare several service plans and products side-by-side.

The Wireless Toyz business model has also been of great benefit to the Wireless Toyz franchisees, and Joe Barbat takes pride in providing others with a means to launch their own careers. Business owners who switch from a single service provider model to become Wireless Toyz franchisees often see their sales increase with the transition, according to reports published in 2005. Joe Barbat has also cited Wireless Toyz’s 98% franchisee satisfaction rate as crucial to the company’s success and compared its growth to viral marketing, stating, “People discover a good thing, and they pass it on.”

Joe Barbat sold WirelessToyz to a private equity firm in December 2007. In 2008 and 2009, the company was negatively impacted for a number of reasons. Recently, Joe Barbat re-acquired Wireless Toyz to help re-align the company and spearhead its growth into a nationally recognized name again.

Franchise Opening Investment Checklist

March 23rd, 2011 Comments off

Joe Barbat CEO of Wireless Toyz“Undercapitalization” – a big word that means “not enough money is put into the business” – is one of the main reasons that business start-ups and new franchisees fail.

You must have adequate funds to get started and keep the business going through the first year. This is in addition to having enough money to keep your household running.

How do you know how much you need?  Most franchisors spell out all the initial expenses in the Franchise Disclosure Document.  Here are a few expenses that you need to be prepared for in order to purchase, set up, and open your franchise:

  • Franchise Fee
  • Expenses During Training
  • Lease (deposit and monthly costs)
  • Build-out of location
  • Signage
  • Inventory
  • Furniture, Fixtures, Equipment & Supplies
  • Utility deposits
  • Business licenses and insurance
  • Training costs
  • Technology
  • Staffing
  • Grand Opening & Other Marketing Expenses

You must also calculate ongoing expenses and marketing costs if you want a viable business.  Make sure the math works. You can work hard and follow your passion, but if the math doesn’t work, neither does the business.  Those are just the business expenses. You can’t live on passion alone, so calculate your  living expenses too. When buying a franchise business, I recommend having one year of  living expenses in reserve as it can take up to that long before the owner can take a salary from the business.

About Joe Barbat

Joe Barbat founded Wireless Toyz in 1995 and grew the company from a one kiosk service center to a multi-location franchise throughout the United States. As an avid fan of all things Michigan, Joe enjoys snowmobiling, family, and recreational activities, as well as, testing the next hottest technology products to enter the wireless marketplace. Honored by both Crain’s Detroit and Ernst & Young for community involvement and entrepreneurship, Joe Barbat has a passion for developing successful franchise businesses in the wireless retail industry.

WIRELESS TOYZ Set to Unveil New Products in 2011

March 14th, 2011 Comments off

Wireless ToyzSouthfield, MI based Wireless Toyz plans on to unveil new wireless technology products in 2011 that include dual screen mobile phones, 3D mobile phones, the Samsung Tablet, the soon to be released BlackBerry® Playbook™, and 4G mobile devices.

“Our customers have always come to expect great customer service from all of our locations, as well as, quality service from our major carriers.  We are now seeing an increased demand from customers to have one location that can offer new products that can easily be integrated into their existing carrier plan,” said Founder Joe Barbat.

Consumer demand has grown dramatically over the last 18 months for personal mobile devices that can offer voice, data, and a rich multi-media content experience for the end user.  Both the iPad and PlayBook are vying for the attention of this rapidly growing market by offering rich Adobe® Flash® content, and the performance of open web standards.

“We actively listen to our customers and believe that the products we plan to deliver to marketplace this year will help to fulfill their needs, as well as bridge the gap of data and voice convergence,” said Wireless Toyz president Nate Hamama.

About Wireless Toyz

Named one of the fastest growing franchises of 2007 by Entrepreneur magazine, Wireless Toyz ranked as number 352 in the same publication’s Entrepreneur Franchise 500 list of that same year and advanced to number 169 in 2008. Built on the principles of convenience and variety, Joe Barbat’s Wireless Toyz stores have prospered because of the company’s unique concept. Wireless Toyz features one-stop shopping, allowing wireless users to compare and contrast cell phone plans by Sprint, T-Mobile, Metro PCS, Cricket as well as other providers. Additionally, each Wireless Toyz store is owned and operated by a competent wireless phone expert, providing customers with a comprehensive resource for information and questions.

About Joe Barbat

Joe Barbat founded Wireless Toyz in 1995 and grew the company from a one kiosk service center to a multi-location franchise throughout the United States.  As an avid fan of all things Michigan, Joe enjoys snowmobiling, family, and recreational activities, as well as, testing the next hottest technology products to enter the wireless marketplace.  Honored by both Crain’s Detroit and Ernst & Young for community involvement and entrepreneurship, Joe Barbat has a passion for developing successful franchise businesses in the wireless retail industry.