Do you remember when you could drive up to your nearest McDonald’s franchise, order your food, and get in and out in less than 5 minutes? I do; it was last century… Something that used to be really important at McDonald’s all of a sudden isn’t; convenience. A Warning If the suits at corporate headquarters don’t get it together, and soon, their customer base will start spending their money elsewhere. From what I’ve seen first-hand, elsewhere is Burger King. I’ll explain… From Fast Food To Slow Food I consider the McDonald’s franchise…
Franchising
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Most Topular Stories
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How McDonald’s is McScrewing Their Franchise Up
The Franchise King12 May 2012 | 10:56 pm -
Military Veterans And Franchises: A Fit?
Become A Franchise Owner!6 May 2012 | 8:35 pmI’ve had the honor of working with several of our military veterans over the years. I’ve participated in Veteran’s Symposiums. And, I’ve helped veterans find franchise businesses. I love working with veterans. I figure that it’s the least I can do. It’s my way of showing gratitude for their service. Men and women with a military background can make fantastic franchise owners. They have a serious amount of built-in skills, including discipline, focus, and the use of systems. Generally, they’re comfortable with authority, which is a plus… -
The Winner Of The One Woman One Franchise Contest Is. . .
The Franchise King16 May 2012 | 8:11 amNora Peterson, of Cedaredge, Colorado! Congratulations! Now, in case you didn’t hear about this franchise contest, here’s the original announcement, including the hashtag that’s being used on Twitter, and information on what Nora just won. Here’s Nora’s winning entry; “I want to become a franchise owner in order to assist my family with financial security, while bettering the lives of others. In our area there is a need for good paying careers and the franchises that I am looking at are in the human services field and can provide for me, my employees, and our… -
Veterans | Ingredients| Sprigster
The Franchise Blog 4 Vets11 May 2012 | 8:56 amMy friends over at Franchise Direct just reminded me that Memorial Day is right around the corner. And that means that it's going to be time to honor the men and women who allow all of us here in America... -
New Spring-Green Lawn Care Franchise Owners Off to a Positive Start
Lawn Care Franchise Ownership Tips - Spring-Green25 Apr 2012 | 8:04 amWhat’s it like being a Spring-Green franchise owner? The best way to find out is to ask one. Many of our franchise owners have been in the franchise system for 10, 15 or even more years, but we also have a great crop of newer owners who are experiencing their first or second seasons this year. We recently talked with two of our newest lawn care franchise owners: Alex Abbott in Richmond, Virginia and Tony Schmidt, owner of Spring-Green lawn care business in Madison, Indiana. A Successful Season for Madison, IN Lawn Care Franchise Spring is the most important season in the lawn care business.
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The Franchise King
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The Winner Of The One Woman One Franchise Contest Is. . .
16 May 2012 | 8:11 amNora Peterson, of Cedaredge, Colorado! Congratulations! Now, in case you didn’t hear about this franchise contest, here’s the original announcement, including the hashtag that’s being used on Twitter, and information on what Nora just won. Here’s Nora’s winning entry; “I want to become a franchise owner in order to assist my family with financial security, while bettering the lives of others. In our area there is a need for good paying careers and the franchises that I am looking at are in the human services field and can provide for me, my employees, and our… -
How McDonald’s is McScrewing Their Franchise Up
12 May 2012 | 10:56 pmDo you remember when you could drive up to your nearest McDonald’s franchise, order your food, and get in and out in less than 5 minutes? I do; it was last century… Something that used to be really important at McDonald’s all of a sudden isn’t; convenience. A Warning If the suits at corporate headquarters don’t get it together, and soon, their customer base will start spending their money elsewhere. From what I’ve seen first-hand, elsewhere is Burger King. I’ll explain… From Fast Food To Slow Food I consider the McDonald’s franchise… -
Could You Make it As A Franchise Owner In Australia?
10 May 2012 | 7:14 amFirst off, why would you even want to become a franchise owner in Australia? Why not just do it here in the US? We could use the business. Just think of all the people in your local community that you would impact? C’mon; please? (Courtesy of Arianne’s photostream-Flickr.) Just think; you could be in business fast. Other Advantages If you have what it takes to become a franchisee in the US, you have a real shot at achieving your dreams. (Or, at least some of them.) There are several great things about franchise business ownership, and if you’ve been following along here… -
How Food Franchises Can Make More Money
7 May 2012 | 7:00 amIf you’re the CEO of a food franchise, and you’d like to increase unit revenue, read on… I know that you want your franchisees to be fat and happy. (With profits) I also know that your cost of doing business keeps increasing, which is really frustrating. But, you’re the leader, and you’re in charge of solutions. Use Geofencing What is Geofencing? It may be the answer you’ve been looking for. It’s tied to a huge trend; the increasing use of mobile devices for everyday activities. Like eating. I’ll explain… Let’s say… -
Top Franchise Questions To Ask Current Franchisees: Question 10
3 May 2012 | 2:56 pmIn my continuing series of The Top 40 Questions To Ask Current And Former Franchisees, I’m giving you detailed information on every important question that you need to ask franchisees of the concepts that you’re interested in. Here’s #10 “Can you describe a typical workday from start to finish?” Let’s go… Attention would-be franchise owners! Don’t assume. Here’s why; You don’t want to become an ex-franchisee, do you? Let me explain… A Perfect Example In a recent article I wrote for Virginia’s Cox…
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Become A Franchise Owner!
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Military Veterans And Franchises: A Fit?
6 May 2012 | 8:35 pmI’ve had the honor of working with several of our military veterans over the years. I’ve participated in Veteran’s Symposiums. And, I’ve helped veterans find franchise businesses. I love working with veterans. I figure that it’s the least I can do. It’s my way of showing gratitude for their service. Men and women with a military background can make fantastic franchise owners. They have a serious amount of built-in skills, including discipline, focus, and the use of systems. Generally, they’re comfortable with authority, which is a plus… -
The Perfect Location
26 Apr 2012 | 8:55 amLast week, on your way to work, you noticed that there was an empty retail space in one of the more popular strip centers in your area. Although you’ve shopped there in the past, for some strange reason, you can’t remember what used to be in that empty space. Whatever. And, speaking of work, you’re pretty darn miserable there, and you’re not feeling very positive about your future. You’ve been semi-looking around for a new job, but you haven’t found anything that excites you. As a matter of fact, the idea of starting yet another new job is a pretty… -
Please Vote For This .biz Franchise Website!
18 Apr 2012 | 12:41 pmThe .biz domain name is celebrating it’s 10th Anniversary, and the business website that you’re now on is part of the celebration! Little did I know that when I found out that the “.com” domain was already taken for my book’s official website, that it would actually turn out to be a good thing…. This site is being showcased on my.biz, and all you have to do to see it is scroll using the tabs that you’ll see on the contest website. Take a look, and read my story. And, then please Vote for my site. Thank you! Go Here To Vote -
Things To Look For In a Franchise Organization
3 Apr 2012 | 10:00 amIf you’re an engaged franchise buyer, you’re probably becoming increasingly aware of all the things you need to do before you write The Check. There are lots of details! I talk a lot about doing proper research on this franchise blog, as well as on some of the other blogs and websites I write franchise articles for. Do Different Research You need get in touch with several current and former franchisees of the chain you’re looking at, so you can get the real scoop. (It’s essential!) You also need to do some research on the actual franchise… -
Franchising For The Ladies
24 Mar 2012 | 9:32 amAs a franchise advisor, I’ve had the pleasure of working with some pretty remarkable women. Remarkable in the sense that they came from very successful careers in corporate America, and had the courage to walk away from them. Walking away from a $125,00 a year job offer and right into the unknown, (small business ownership) is not for the faint of heart. On the inside flap of my book, I’m quoted as saying this; “Franchise ownership isn’t for everyone; as a matter of fact, it isn’t for most people.” Some of my fellow industry professionals…
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The Franchise Blog 4 Vets
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Veterans | Ingredients| Sprigster
11 May 2012 | 8:56 amMy friends over at Franchise Direct just reminded me that Memorial Day is right around the corner. And that means that it's going to be time to honor the men and women who allow all of us here in America... -
Military Veterans, VetFran, And Opportunities
22 Apr 2012 | 1:59 pmFranchise Business Ownership Can Work With its top-end training opportunities, solid structure, and a constant need for team leadership and operational excellence, franchising can provide proven paths for veterans to become owners of their own small businesses. There are over... -
7-Eleven Enters Jacksonville
13 Apr 2012 | 10:59 am7-Eleven has 45,500 stores in 16 countries, with 7,300 in the United States. Lately, it’s been opening one somewhere in the world every two hours. This is one franchise that has proven itself to be resilent in all sorts of...
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Lawn Care Franchise Ownership Tips - Spring-Green
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New Spring-Green Lawn Care Franchise Owners Off to a Positive Start
25 Apr 2012 | 8:04 amWhat’s it like being a Spring-Green franchise owner? The best way to find out is to ask one. Many of our franchise owners have been in the franchise system for 10, 15 or even more years, but we also have a great crop of newer owners who are experiencing their first or second seasons this year. We recently talked with two of our newest lawn care franchise owners: Alex Abbott in Richmond, Virginia and Tony Schmidt, owner of Spring-Green lawn care business in Madison, Indiana. A Successful Season for Madison, IN Lawn Care Franchise Spring is the most important season in the lawn care business. -
The Green in Spring-Green - Three Ways We're Making A Difference
20 Apr 2012 | 5:00 pmWith Earth Day and National Arbor Day this week, it seems appropriate to blog about some things that Spring-Green is doing to become a greener company. For 35 years we have been committed to beautifying lawns and landscapes across the country keeping them green and healthy, at the same time working to reduce our carbon footprint. For several years now, we have offered organic-based fertilizer that feeds both the soil and the plant while still delivering results that our customers expect. The fertilizer introduces organic nutrients to the soil and promotes “microbial” activity which will… -
March Madness at Spring-Green Lawn Care
23 Mar 2012 | 9:16 amMarch Madness is in full swing here at Spring-Green. No, not THAT March Madness, but our own organized madness and excitement in our lawn care business. It’s spring time, the most important time of the year for Spring-Green as the weather warms and lawns turn green. But are there any parallels between lawn care and basketball? Plenty! Team – In basketball, it’s very important to put the right team together. Team members must have chemistry, know each other’s strengths and weaknesses and have a coaching staff that can teach and bring out the best in everyone. Spring-Green is a… -
Spring-Green Lawn Care Celebrates St. Patrick's Day with Green Initiatives
19 Mar 2012 | 8:40 amMany people across the country will celebrate St. Patrick’s Day by wearing green. Spring-Green will be displaying its green colors all year through its commitment to environmental stewardship. Spring-Green has always offered customers the highest quality service performed in an environmentally responsible manner by trained and licensed technicians. We’re utilizing organic-based fertilizer to improve soil structure, turf health and sustainability. We also continually test alternative products to meet the expectations of our customers and reduce our impact on the environment. Healthy,…
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Rush on Business
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Corporation, S Corporation or LLC? What to Choose for Your Business?
11 May 2012 | 9:07 amThe Boulder Business Advisor has a general overview of the three main types of business structures and the factors that go into making a decision about which entity to choose for your startup business. It's important to get tax advice when deciding what entity is best for you. Another critical question, as mentioned in the post by Mike Laszlo, is whether you plan to take venture capital. Generally, you will want a C corporation if you plan to take venture capital. But I've worked with a number of organizations that started as a limited liability company (LLC) and then later converted to a C… -
Contract Negotiations: Find the Person that Wants the Deal
18 Apr 2012 | 10:15 amI was busy reading an article on Why Lawyers Don't Run Startups (And Why Entrepreneurs Hate Lawyers) when I ran across a terrific lesson learned from the article's author, Steve Blank. In every company that gives you a contract there's someone who wants a deal. When you run into contract issues, call them first for advice. In my experience, this is SO true. I'll often review and negotiate contracts for clients. Often, there are terms that are unacceptable and put the client at considerable risk if they were to give in on the terms. I'll always ask them to go back to the person who… -
Employee Wage Misclassification Should Be Taken Seriously
11 Apr 2012 | 11:37 amLast December I wrote about how an employee wage misclassification case cost Oracle $35 million. The question about whether an employee is exempt v. non-exempt is often misunderstood by employers. Often, employers want to avoid paying overtime to employees. So employers will play a game of Russian roulette by paying those workers a salary instead of hourly. Have you reviewed your employee wage classifications recently? If not, we recommend that you do so. We have found in our reviews that employers large and small often make mistakes in classifying the wages of their workers. -
Business Succession Planning Seminar
3 Apr 2012 | 8:20 amOver the years I've noticed that very few businesses actually plan for selling or passing on their business to employees or family. It's one of the most important things any business owner can do. I've teamed up with business coach Monte Wyatt to provide a free seminar to business owners on business succession planning. The seminar is Friday, April 13, from 11:30 a.m. to 1:00 p.m. at the Brick Gentry offices located at 6701 Westown Parkway, Suite 100, West Des Moines, IA 50266. We will provide lunch. If you'd like to come please RSVP by sending an email to rush.nigut@brickgentrylaw.com. -
Copyright Infringement: What do I do if Someone Copies My Website
28 Mar 2012 | 10:29 am* This is a guest post from Aaron Hall. Aaron is a Minnesota business lawyer that handles intellectual property matters. See his information below. Someone is copying my website. What are my options? Illegally copying websites is a big problem as the internet grows. Illegal copies of your website may be made by competitors, spammy websites looking for free content, or other businesses who liked what you wrote. If you are the victim of copyright infringement, you have a number of legal rights and options. Options for Victims of Copyright Infringement By creating content for your website,…
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bluemaumau.org
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Good News, U.S. Hotel Profit Recovery
16 May 2012 | 11:00 amAccording to the new PKF Trends survey, the U.S. lodging industry produced a 12.7% profit growth in 2011. 80.5% of participating hotels enjoyed an increase in total revenue while 72.3% achieved growth in profits. The recently released 2012 edition of Trends presents data from a sample of nearly 7000 financial statements of United States hotels. For the Trends report, hotel profits are defined as net operating income (NOI) before deductions for capital reserves, rent, interest, income taxes, depreciation and amortization. On May 9, 2012, the Lodging Industry… -
Federal Court Invalidates "Quickie" Union Election Rule, For Now
15 May 2012 | 3:53 pmOn May 14, 2012, the U.S. District Court for the District of Columbia set aside a controversial final rule of the National Labor Relations Board ("NLRB") that was designed to make it easier and faster for unions to hold organizing elections. Chamber of Commerce of the United States of America, et al. v. NLRB, Case No. 11-02262 (D.D.C. May 14, 2012). Business groups are hailing the decision, but the celebration may be short lived. Because the ruling was essentially decided on a procedural point, the NLRB may seek to resurrect the rule, which creates a very… -
Field Representatives Coach Franchisees to Victory
14 May 2012 | 12:58 pm"A good coach will make his players see what they can be rather than what they are." -Ara Parasheghian Whether on the playing field, in franchising, or in life, effective coaching can be the difference between an outcome which is mediocre and one which is exceptional. In the world of franchising, the field representative acts as the franchisees’ coach and mentor, and plays a key role in the success of the franchisee as well as the franchise company. As stated by Catherine Monson, CEO of FASTSIGNS, “The field representative is the primary point of contact, support… -
Production Agreements of a Supply Chain; The Other End of the Rainbow
11 May 2012 | 10:48 amMany years ago I was pulled away from my usual assignments to do a major product production tolling agreement between two of America’s larger food companies. It was a stroke of luck for me because it provided something new for my interest in multivariate risks management. Since then I have prepared many multivariate high risk agreements, and it is always an enjoyable as well as remunerative adventure. When you think of every brand as a franchise in itself, it fits perfectly into my customary practice of managing franchise relationship disconnect issues. These agreements include, in… -
Know the Benefits of Application Protection in Any Organization
10 May 2012 | 5:10 amIt is very important to ensure proper method of data availability on time. In that case, replication needs to be adopted in order to manage current backup information and system settings so that it can deliver fast restoration of data after any kind of disaster. As we know that it is not possible to avoid any kind of natural disaster or human error; but it is always mandatory to take proper measures for application protection, so that users do not face any kind of problem related to data loss. And, data replication is found to be the only way to remove or minimize the time lapse experienced…
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Franchise News Wire by Franchising.com
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Diversified Restaurant Holdings Opens Newest Bagger Dave's(R) Location
16 May 2012 | 8:41 amDiversified Restaurant Holdings, Inc. (OTCBB:DFRH) ("DRH" or the "Company") announced that it officially opened its seventh Bagger Dave's location at The Grandville Marketplace in Grandville, Michigan on Sunday, May 13, 2012. -
Senior Care Franchise To Share Secrets For Success In Free Webinar For Home Care Entrepreneurs
16 May 2012 | 8:08 amHome Care Assistance, the leading provider of in-home senior care, is hosting a live informational webinar for entrepreneurs interested in learning more about the booming senior care industry. -
Hurricane Grill & Wings Announces 28 New Franchise Agreements Across The US
16 May 2012 | 8:04 amHurricane Grill & Wings is excited to announce five development agreements, adding 28 locations and continuing its national expansion. -
The Maids Offers Tips On Refreshing The Laundry Room
16 May 2012 | 7:57 amSummer traditionally begins on Memorial Day even though the calendar doesn't acknowledge a seasonal change until June. The day signals numerous transitions, including moving those heavy, dark winter clothes out of the closet and replacing them with... -
RE/MAX Metro Chicago Real Estate Network's Hot Air Balloon Program Visits Mozart Elementary School In City's Logan Square Area On May 23
16 May 2012 | 7:47 amThe RE/MAX Hot Air Balloon will pay a visit to Mozart Elementary School, 2200 N. Hamlin Ave. in the Logan Square neighborhood of Chicago on May 23.
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italian ice - Little Jimmy's Italian Ice
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Space Shuttle Enterprise
27 Apr 2012 | 11:54 amWhen Little Jimmy’s Italian Ice heard the Space Shuttle Enterprise was flying over Liberty state Park in Jersey City I grabbed my video and drove over to Jersey City to get some footage near the Statue of Liberty from the Jersey side. Pretty amazing- Enterprise actually never flew into space and was the prototype that tested the Space Shuttle for the Challenger. Little Jimmy’s Italian Ice 800 763 4348 Tags: enterprise, Italian ice, liberty state park, new, new jersey, new york, space shuttle, statue of liberty -
1st Ever Animated Testimonial
17 Apr 2012 | 2:42 pmRecent Testimonial from one of our Customers in Texas. Here is the Video on YouTube Also. “Dear Tom and the rest of the Little Jimmy’s family, I wanted to write you guys an email about what an incredible business this has been and what the future looks like. This business has been a game changer for my family. My wife and I have been doing this since June 18 here in the Abilene, Texas area. It was great, but it has gotten better. Last month, I made more part-time than I did in my full time teaching job (over $4000). Last night, we did a minor league arena football team’s… -
Family Italian Ice Business To Go
2 Apr 2012 | 10:31 amPaul visited us this Saturday and picked up his italian ice cart and lots of Little Jimmy’s Italian Ice and was on his way. He was going to start up his push cart business with his kids and was already scheduled for several events already in Maryland- Give us a call to get yourself started – 800 763 4348 and ask for anyone here – Little Jimmy’s Italian ices we’re an all family business. Tags: family business, Italian ice, maryland, push cart -
Italian Ice Car Cart Carrier
27 Mar 2012 | 12:53 pmHere are a couple of questions we received about transporting the Little Jimmy’s Italian Ice cart if your vehicle doesn’t have at least a 34 inch clearance. Great idea found from one of our vendors for about $300- “I was trying to find some videos that would show loading the cart into an SUV or van. I only have about 32-33 inches of height clearance in our SUV (a gmc terrain) – and the cart is 34 inches high, right? Lenght and width are fine. Probably going to need an alternative way to transport the cart – any suggestions or information?” … -
Italian Ice Samples
20 Mar 2012 | 3:16 pmItalian Ice Samples Famous 70′s Ad Slogan also Applies to our Italian Ices Try It, You'll Like It Guess what Famous Brand had this Slogan? Recent Testimonial From a Happy Italian Ice Sample Order- Hello Sir’s, I received the Ice on Thursday as requested. I appreciate the fast delivery. I had my co-workers sample the Lemon Ice, which they loved and wanted to know how to purchase, and if they could initially buy it by the pint (which I thought was a great idea)! Then on Saturday, we took it by Chase Bank, where we opened our business account, and had the employees and some of…
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Franchise Blog
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The Traits That Define A Successful Franchisee
16 May 2012 | 9:19 amThere’s endless conjecture over what makes a successful franchisee. Is it an intuitive thing? A genetic predisposition? A skill learned in business school? Or none of the above? Entrepreneur recently outlined the eight attributes they feel are consistent in all successful franchisees. It’s a not scientific guide, but it’s proof that there are over-riding abilities that turn up in many successful entpreneurs. If you were building a successful franchisee as if it were a robot, you might include the following abilities: Motivated by results Big thinker Chief cheerleader… -
When Franchisees Go Rogue
15 May 2012 | 8:31 amA week ago, Slate published a really intersting article on franchisee’s who go rogue and institute fascinating changes to franchise systems. I was unaware over the extent of the success of one ‘rogue’ franchisee and a fascinating innovation he has instituted. I was fascinated to read the story of Don Spina in Slate recently. Spina set-up Swankclub Limited, which involved running Quizno’s, Johnny Rockets and Jamba Juice in the Bahamas. Spina quickly realized that Jamba Juice would a criticial struggle to survive in the Bahamas. This, after all, was a franchise launched… -
Interim Healthcare CEO Sits Down With Bloomberg
14 May 2012 | 8:41 amThere’s so many interesting things in happening in the health care franchise sector these days. For people considering opportunities in this thriving sector, we’d like to direct your attention to this interesting interview with Kathleen Gilmartin, CEO of Interim Healthcare. “Insurance companies have recognized that being able to deliver quality care at home is cost-effective and it’s also quality,” she says in an interview with Bloomberg. “Everyone wants to be allowed to allow patients to be at home in their own setting and get the care that they… -
The Ingredients That Fuel The Success Of Veterans In Franchising
10 May 2012 | 8:47 amMemorial Day is around the corner and it’s got us thinking about the success military veterans in franchising. When Michelle Obama helped launch Operation Enduring Opportunity last November - an initiative that aimed to hire and recruit 75,000 military veterans into the franchise industry - it was the clearest demonstration to date that veterans and franchising are an ideal pair. “With its rapid training opportunities, defined structure and systems, and need for operational excellence, franchising provides an ideal structure to enable returning veterans to become leaders of and… -
FAST-FIX - A Shrewd Franchise Investment In The New Economy
9 May 2012 | 8:47 amIt’s a long time since the Great Recession of 2008 set in, but finally we’re seeing signs the US economy is beginning to thaw. This renaissance is being led by the franchise sector. A new index from the International Franchise Association and Boefly shows that franchise lending has increased steadily over the last year. In fact, it’s up 20% since December 2010. But the recession has changed consumes’ shopping attitudes. In times of austerity, people don’t buy new products, they repair the things they already have. If you look at the renaissance that professions like cobblers are…
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franchisEssentials
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FREE Webinar – Consumer Ratings And Reviews Effect On Business And Search Engine Rankings
15 May 2012 | 9:48 pmMelih Oztalay, CEO of Smartfinds Internet Marketing and Paul Segreto, CEO of franchisEssentials, will present a webinar discussing Customer Ratings and Review Management for businesses. Interested parties can register for the May 22, 2012 one-hour free webinar at https://www3.gotomeeting.com/register/875579678. -
Nothing Happens Without A Sale!
19 Apr 2012 | 7:00 amThis week, we focused our attention on increasing sales in franchise organizations at all levels. We discussed sales prospecting, presentations, sales questions in a B2B situation and even the sale that possibly goes wrong. Although yesterday’s segment was scheduled to be the last in this series, we received many emails, tweets and comments throughout the [...] -
When the Sale is Critical, What if…?
18 Apr 2012 | 7:00 amThis week, our focus has been centered on increasing sales in franchise organizations at all levels. We’ve discussed sales prospecting, presentations and sales questions in a B2B situation. Today, in our last segment, we’ll discuss the key sale that possibly goes wrong. From a business owner’s perspective and in light of today’s economic environment, the [...] -
B2B Sales: Questions Are Your Greatest Tools
17 Apr 2012 | 7:00 amIn continuing with our focus on increasing sales in franchise organizations at all levels, we will build upon the last two days’ articles about sales prospecting and presentations, and today discuss sales questions specific to a B2B situation, but can be easily revised for any sales situation. B2B Sales: Questions Are Your Greatest Tool Prepare, [...] -
Average vs Professional Presentations
16 Apr 2012 | 7:00 amIn continuing with our focus on increasing sales in franchise organizations at all levels, we will build upon yesterday’s article about sales prospecting and today, discuss sales presentations. Remember, the points we’re making are from one of our recent B2B training sessions. But the fundamentals remain the same and are applicable for any type of [...]
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Franchise Note
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Where to Spend And Where Not To Spend Money When Starting a Company
14 May 2012 | 3:12 amStarting a company and turning a new company into a profitable company are two entirely different feats. Starting a company is easy. All you need to do from a practical standpoint is incorporate the entity for a few hundred dollars and that’s it. You have a company. Now, taking that company and turning it into a profitable, cash-strong company is an entirely different feat altogether. Now, the unfortunate truth is that most companies fail in between these two periods. It is common knowledge that nearly 70% of companies will fail during the first three years of operations. This begs the… -
Getting Your Franchise Ready to Accept Credit Cards
16 Apr 2012 | 10:10 amGetting your franchise ready to accept its’ customers’ credit cards isn’t hard, but it does require some research and planning. While it is true that every franchise establishment will have unique issues with accepting their customers’ credit cards, it is usually recommended to get a franchise quickly set up, then address issues with processing as they come up. Franchise owners should start by researching a variety of merchant account processors. Most franchises in retail based industries will conduct the vast majority of their business in their store front. Owners of… -
4 Things That All Potential Franchisees Should Know
6 Feb 2012 | 1:44 amEvery day, more and more Australians are giving up traditional 9-to-5 jobs and venturing into the franchising world. In Australia, franchising is worth a whopping $130 billion – and that number is expected to keep growing. Why? Franchising offers you the chance to be your own boss – without starting up a company all by yourself. Instead of trying to build a brand from scratch, you get to use a business model, a product, and a company name that customers already know and trust. What do you need to know if you’re thinking of opening a franchise? If you think that the… -
Helping People with a Home-Based Franchise Business
18 Nov 2011 | 8:47 pmWhen the economy takes a downturn, it brings along with it a big opportunity for entrepreneurship. And that is exactly what America is experiencing now. The new worker wants to work from home, have a more flexible schedule and enjoy their home and family lives. So it’s no mystery as to why home-based franchises have experienced a huge leap in the past few years. Among home-based franchise opportunities lies the possibility to really be a service to your community. Senior care franchises are an excellent opportunity to get involved with helping people while also making a considerable… -
3 Startup Tips for New Franchise Owners
17 Oct 2011 | 2:57 amYou have decided on the franchise you want to buy. Dreams of early retirements are beginning to swirl in your mind. Images of you on a beach, reclining in a hammock, sipping exotic cocktails. That is the dream! But it is very important to realize that the path between now and then is going to be challenging. Launching a successful business is not easy. The good news, however, is that with a combination of planning, hard work, and dedication, it can be done. In this article, we are going to discuss 5 key tips for successfully launching your new franchise. Test Your Idea Before…
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Starting a New Business Advice Blog - FranNet Franchise Business Opportunity Consultant Blog
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An Entrepreneur Tour Coming To a Town Near You
11 May 2012 | 10:53 amStartup Canada initiative embraces Canadian franchising during coast-to-coast campaign Startup Canada co-founder Victoria Lennox. From St. John’s to Whitehorse, the word is spreading: Entrepreneurship is a great way for Canadians to secure their futures and boost their country’s economy. There’s a new grassroots organization that’s traveling coast to coast this year, seeking to educate Canadians about the importance of self-employment — and we’re thrilled that it’s spreading the word about entrepreneurship opportunities. The organization and initiative is called Startup Canada,… -
Starting a Franchise? Survey Data Show 91 Percent Success Rate for FranNet-aided Franchises
8 May 2012 | 3:04 pmDetailed survey results prove 42 percent higher success rate for franchises over startups Need proof that FranNet helps entrepreneurs not only go into business but thrive? We’ve got it, from a survey we conducted — and it’s some of the most exciting statistical information about the franchise industry we’ve seen in years. The survey shows that 91.2 percent of the franchises we helped open from 2006-10 remained in business after two years, and 85 percent were still in business after five years. Those are absolutely staggering numbers that way surpass any other small business success… -
FranNet President Offers Franchise Advice to Baby Boomers
3 May 2012 | 12:29 pmJania Bailey shares insights on buying a franchise and how FranNet can help BoomersNextSteps.com recently interviewed Jania Bailey, FranNet’s president and COO, about franchising opportunities for Baby Boomers and how FranNet can help future franchisees reach their business goals. For 25 years, FranNet has helped people achieve their entrepreneurial dreams by matching them with the right franchise opportunities. The company offers an international network of franchise consultants, perfect for Baby Boomers not quite ready to retire. This year is shaping up to be a banner year for FranNet,… -
Why the American Jobs Act Won’t Create Nearly Enough Jobs
18 Apr 2012 | 3:42 pmFranchise industry needs Affordable Care Act repeal, banks to extend credit President Obama announced his jobs plan before a joint session of Congress in September. Official White House photo. The American Jobs Act made big news early this month when President Obama signed it into law. It was hailed as a rare instance of bipartisan cooperation in an age of intense distrust and cynicism between the two parties, and as a measure that could truly jumpstart entrepreneurship by removing regulatory barriers to investment in startups and by allowing “crowdfunding” — Web-based fundraising of… -
With FranNet’s Help, 33 Percent More Entrepreneurs Purchasing a Franchise
11 Apr 2012 | 11:37 amMore professionals were purchasing a franchise in first quarter, with help from FranNet FranNet is a franchise "Matchmaker" that connects entrepreneurs with the right franchise opportunities. We just got back from our franchisor meetings in San Francisco to find some welcome and very exciting news — we placed 33 percent more clients into franchise ownership in the first three months of this year than in the same period in 2011. That’s a phenomenal achievement! It’s wonderful news for FranNet and for the franchise industry as a whole, a signal that the franchise sector is…
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Franchise Money Maker
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Does My Small Business Need a Budget?
16 May 2012 | 4:46 amDoes My Small Business Need a Budget If this is your first time to work on a budget for your small business, you might work from the perspective of having to list cost of goods or services plus all of your operating expenses to start the process. small business owners, budget, profit and loss, worksheet, expenses, income -
Tips to remember when choosing the best franchise
13 May 2012 | 7:20 pmTips to remember when choosing the best franchise. When you decide to buy a franchise, you're giving your business a major head start in so many ways. By trading on an established name, you slash your advertising costs. Because the franchisor wants you to succeed, you have access to everything that they've learned in years of doing business to help you choose your site, develop your staff accounting, Add new tag, Advertising, Benefits, brand branding, business, Business Model, business owner, Business Plan, buying a franchise, cash, Credit, Entrepreneur, Entrepreneurs, FaceBook, franchise,… -
Successful Surveys: 10 Tips for Better Results
12 May 2012 | 5:07 amSuccessful Surveys: 10 Tips for Better Results .Why would you use an email or online survey when you could simply call your clients and customers and ask for their input Successful Surveys: 10 Tips for Better Results, clients, online survey, survey recipients, Advertising, Benefits, brand branding, business, Business Model, accounting, Advertising, Benefits, branding, business, Business Plan, buying a franchise, clients, Entrepreneur, Entrepreneurs, FaceBook, franchise, franchise business, marketing, Obama, online survey, professional, service, success, Successful Surveys: 10 Tips for Better… -
You want to franchise your restaurant: Now what?
10 May 2012 | 4:46 amYou want to franchise your restaurant: Now what? We continue with the the advice, thoughts and experience of Harold Kestenbaum regarding Franchising your Business. As you read in yesterdays article there are many reasons to consider growing your brand thorough the use of franchising. Today Harold will cover some of the steps necessary to successfully franchise your business Franchising, Business Strategy and Profitability, Consultant / Analyst, Franchising & Growth, Industry Services, Operations Management -
The top 5 reasons to franchise your business
8 May 2012 | 10:12 pmThe top 5 reasons to franchise your business. If you are an entrepreneur and you have one, two or even three operations, why should you be thinking about franchising? There are many reasons, but here are the top 5: Business Strategy and Profitability, Consultant, Analyst, Franchising & Growth
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New York Franchise Law Blog
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Creating Your Franchise System: Why The FDD Preparation "Process" Matters?
10 May 2012 | 9:44 amTime and again I am reminded of the critical importance of the FDD preparation "process" and why the quality of the FDD preparation "process" will substantively impact the quality of your eventual franchise system. What do I mean by the FDD preparation "process". Basically, I am referring to the methods and communications by which you either, individually, or with your management team will be working with your franchise lawyer respecting the preparation of your Franchise Disclosure Documents. Franchise systems must evolve… -
Franchising Your Business: What is the Right Franchise Term?
17 Apr 2012 | 9:30 amThis morning, in speaking with a client regarding the development of her franchise system (a system based on a well tested and unique service and business model) we discussed “what the right franchise term should be, i.e., 5 years, 7 years or 10 years”. The answer to this question is one that must be unique to the franchise opportunity and one that is focused on the franchisee and the franchisee’s potential return on his or her investment. That is, “what is a fair franchise term that will permit a franchisee to generate a solid return on his or her franchise… -
FDD Trademark Disclosures: What Disclosure is Required When Your USPTO Trademark Application is Rejected
12 Apr 2012 | 7:43 amA core component to Franchising is the inherent trademark license granted from franchisor to franchisee. In a “perfect IP world” the franchisor’s principal trademarks are registered with the USPTO and FDD Item 13 discloses the registration information. Since nothing is ever perfect, many times, franchisors will fail to obtain registration of their primary marks. There are many reasons for a USPTO registration denial, including, the claimed mark being “descriptive” or “confusingly similar” to an existing mark that previously obtained registration. -
Preparing Your FDD: Why You Must Avoid the Generic
2 Feb 2012 | 10:41 amTime and again when working on a franchise project - preparing the FDD and establishing the structure for a client's franchise system - I am always reminded of one critical fact: That when it comes to franchising, every business is different. Quite frankly, if there is nothing unique about your business, what you offer clients and how you deliver what you promise then, you should not be looking to franchise your business. However, if you can identify the unique factors and advantages associated with your business and what you offer, it is critical that you consult and work closely… -
Franchisors: How to Approach the Enforcement of Your Restrictive Covenants When Negotiating a Franchisee Renewal
3 Jan 2012 | 8:26 amWhen a franchise agreement expires, franchisors and franchisees, many times, enter a decision making period to determine, discuss and negotiate whether or not the the franchise agreement will be renewed. Although not preferred, this post-termination negotiating period is sometimes necessitated by on-going negotiations and delayed decisions. During this critical negotiating period - one where the franchisee is, most likely, operating the franchised business without a franchise agreement - franchisors, many times, unnecessarily jeopardize the protection of their trademarks and trade…
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franchisehelp.com
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The Pizza Hut Franchise’s Crown Crust Pizza
2 May 2012 | 5:00 pmIn what may be the single greatest pizza franchise menu addition of all times, the Pizza Hut franchise has released unto its Pizza Hut Middle East locations a calorie-packing double-whammy pizza creation that consists of a crown-shaped crust dolloped with mini cheeseburgers — the center topped with lettuce, tomato, and some form of “special sauce.” The Crown Crust Pizza may strike U.S. eaters as a truly strange juxtaposition of American fast food staples, but to a foreign audience, it’s no less bizarre than piling ethnic entrees from different regions onto a single… -
5 Steps to Getting Started in Finding the Right Franchise
2 May 2012 | 11:30 amWhen considering any new investment, you (should) have a million questions, and getting started in franchising is no exception. Your mind will be racing: What’s the best franchise industry? What’s the best business model? What are the start-up costs? How do I finance the investment? How much money can this franchise make? Will I have to manage people or can I be an absentee owner? The Steps to Choosing a Franchise These are all fair and important questions to explore, and you’ll certainly want to follow a Step-by-step plan to buying a franchise. But you can’t… -
Understanding and Making Proper Use of Trademark Symbols
2 May 2012 | 6:00 amThere seems to be a lot of confusion amongst early-stage business owners concerning use of the various trademark symbols (TM, SM, and (R)). This article addresses when to use which symbols, and when not to use any of the symbols at all. Trademarks First and foremost, it is important to clarify that these are in fact trademark-related symbols, and thus they should be used only in connection with your business’s trademarks. Thus, for example, it is improper to write “Benjamin’s Buttons℠, Inc.”, because in the context of an official company name, there aren’t any… -
Is There A Duty Of Competence in Franchising?
1 May 2012 | 6:00 amThink about the last time you hired a plumber or an auto mechanic, or a lawyer for that matter. Without asking, you probably knew that the person you hired owed you a legal duty to perform the job in a competent manner consistent with the standards of his or her profession. The same is true when you bought a new car or built a new house. You rightly expected that the seller would stand behind its responsibility. Buying a franchise is usually a very large investment for most folks. It would seem logical, then, that when you buy a franchise, particularly one from an established brand, that… -
10 Tips for Trademark Selection
23 Apr 2012 | 6:00 amIn the past few weeks, I’ve discussed what constitutes trademark infringement, how to protect your image and intellectual property online, and some recent developments in the law regarding use of competitor keywords in search engine marketing. This article goes back to the fundamentals, and discusses ten tips for selecting a trademark. 1. Know Your Purpose. When selecting a trademark, consider your goal—is it to tell people what you do within the name of your business, to have an original name that stands out from the crowd, or a combination of both? Trademark law affords different levels…
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Franchising.com
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Time For Benchmarking: All That's Needed Is The Will
16 May 2012 | 10:00 amI am convinced that someday the franchising community will finally get around to unleashing its biggest competitive strength: unit predictability. -
Health-Scare Reform: "There's Still More That We Don't Know Than We Do."
14 May 2012 | 10:00 amSince national health care reform was signed into law in March 2010, it has generated strong reaction from multi-unit franchisees and small-business owners across the nation. -
The Customer Within: Provide Coworkers With The Best Service Possible
9 May 2012 | 2:00 pmWhen we talk about customer service, we usually think about how we deal with the people who walk through our doors--both physical and virtual--to purchase our products and services. -
Do It Now: 3 Easy Ways To Stop Procrastinating Today
9 May 2012 | 12:00 pmProcrastination is like a virus. It creeps up on you slowly, drains you of energy, and is difficult to get rid of if your resistance is low. -
Don't Ask, Don't Know: Actively Eliciting Feedback From Employees Builds Better Leaders
9 May 2012 | 10:00 amEffective leadership is based on ongoing input and feedback. Where 20 years ago managers rarely asked for input, today effective leaders are regularly seeking and receiving employee feedback.
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FRANCHISE CHATTER
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FDD Talk: Michael Mudd, Franchise Development Manager for Menchie’s, Talks About the Frozen Yogurt Franchise’s 2012 FDD
16 May 2012 | 2:40 amMenchie’s, the Los Angeles-based frozen yogurt franchise, is becoming a truly global brand. It added more than 100 units in 2011, more than doubling its size. As of May 2012, more than 180 units were open, with 200 more in development. By next year, the company projects 380 locations in 13 countries, with openings in Australia, France, Great Britain, Canada, Mexico, Monte Carlo, Japan, Jordan, Qatar, the United Arab Emirates, Saudi Arabia, and Trinidad. The rapid growth has vaulted Menchie’s past its competitors, such as Yogurtland, which before this year ran neck-and-neck with… -
FDD Talk: Average Net Sales, Expenses, and Operating Profits of Yogurtland Frozen Yogurt Shops (2012 FDD)
15 May 2012 | 8:41 amPreliminary Information The revenue information presented below reflects the past financial performance of the combined Yogurtland system, i.e. of affiliates Withim Corporation, which operated one retail store for the full calendar year 2011; Higher Ground Development Corporation, which operated two retail stores for the full calendar year 2011; First Vine Partners LLC, which operated one retail store for the full calendar year 2011; PMC Enterprises Inc., which operated two retail store for the full calendar year 2011; and 99 franchised stores that were open for the full calendar year 2011. -
FDD Talk: Revenues, Expenses, and Projected Income of Anytime Fitness Express Clubs with 350, 523, and 650 Members (2012 FDD)
14 May 2012 | 8:03 amRevenues, Expenses, and Projected Income of Anytime Fitness Express Clubs with 350, 523, and 650 Members (2012 FDD) The following are projected statements of annual revenues and earnings for a franchised Anytime Fitness Express club. These projections are for the second year of operation. (During the first year, it will take you time to build your member base.) The statements below are based on revenue information provided by Anytime Fitness’ designated billing processor for 46 Anytime Fitness Express franchisees in 2011, and the company’s expense experience operating Anytime… -
FDD Talk: Revenue, Expense and Profit Assumptions for Anytime Fitness Clubs — Looking Behind the Numbers (2012 FDD)
13 May 2012 | 12:07 pmRevenue, Expense, and Profit Assumptions for Anytime Fitness Clubs (2012 FDD) Enrollment fee revenues/cost of proximity cards: Anytime Fitness assumes that 45% of members will be replaced through attrition (which is in line with the industry average). The average enrollment fee is $49. Membership revenues: Based on the report from Anytime Fitness’ designated processor, the average monthly membership fee paid under each membership agreement was $41.45, and each franchisee had 75% as many membership agreements in effect as members. In other words, if you have 500 members, on average,… -
FDD Talk: Revenues, Expenses, and Projected Income of Anytime Fitness Clubs with 500, 769, and 950 Members (2012 FDD)
12 May 2012 | 8:56 amRevenues, Expenses, and Projected Income of Anytime Fitness Clubs with 500, 769, and 950 Members The following are projected statements of annual revenues and earnings for a franchised Anytime Fitness center. These projections are for the second year of operation. (During the first year, it will take you time to build your member base.) These projections of sales, income, gross or net profits are merely estimates and should not be construed as the actual or probable sales, income, gross or net profits that will be realized by any franchisee. The statements below are based on revenue…
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FranchiseFuturesBlog
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Franchise Futures Continues to Grow Candidate Placements
9 May 2012 | 1:52 pmNew CareMinders Home Health Care Owners Franchise Futures is proud to announce their newest franchise placement in North Houston Texas. FOR IMMEDIATE RELEASE PRLog (Press Release) - May 09, 2012 - Franchise Futures is welcoming Mr.Moise Array and his wife Sheryl to the CareMinders Home Health Care family. Mr. Array contacted Senior Advisor, Jerry Pollio, who took Mr. Array through an exhaustive qualification and discovery process to identify the best franchise opportunity. Mr. Array has a Masters in Theology and Children’s Education and his wife, Sheryl a Law degree. -
Franchise Required Reading
6 May 2012 | 8:28 pmAs you research, (you are doing that, right?) options in the franchise industry here is an excellent reference,http://www.carrollbiz.org/SBDC/resources/E_MythRevised.pdf. Eight page summary of the book E‐Myth Revisited, which has sold over a million copies and is published in at least 16 languages. Read the book, “E‐myth Revisited” by Michael Gerber. The book suggests that a business should be a vehicle to bring its owner more life. The way to accomplish that is to Work ON the Business ‐ Not IN the business it by using systemization and business development. Beacon Staffing… -
Franchise Funding for our Veterans
4 May 2012 | 3:42 pmSprigster’s funding platform is focused on the franchising industry. Our guidelines do not currently permit projects that are not franchisee opportunities relating to federally compliant and registered franchise business opportunities. Crowd source funding is a 21th century alternative to traditional funding where funding projects are released to an online community. In this case, our Veterans who specifically want to become franchise owners. Sprigster’s Boost A Hero program is only open to former members of the U.S. military (Army, Navy, Air Force, Marines, or Coast Guard) who have ended… -
Franchise Success Model
25 Apr 2012 | 7:40 pmAfter countless conversations, webinar s, trade shows, and franchise industry events here’s what I found to be a common theme as to what makes a successful franchise concept: low start up high profit margins recession resistant passive ownership model (hire a manager) low overhead low or no accounts receivables non labor intensive limited inventory little competition non-seasonal I know there are many more feel free to add some. I did not mention working with me will surely help (I am joking)…. Jerry -
Debt Free Franchising, Business Ownership and Real Estate Purchases
15 Apr 2012 | 4:48 pmThe Rollover Plan® 401(k) Self-Reliant Business Funding is a safe, secure and proven plan based on the same techniques and provisions of the Internal Revenue Code used by large pension funds. The Rollover Plan is designed specifically to help you: Minimize debt Enhance cash flow Stimulate business growth Build equity Take full advantage of tax benefits The benefits are powerful, yet easy to understand: You invest your retirement funds in your business – without taxes or penalties You use a safe, proven plan based on long standing provisions of the Internal Revenue Service You use pre-tax…
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Franchise Clique Blog
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Let’s Get Kicking: Interview With WAKA’s Director of Franchising
10 May 2012 | 11:21 amWe sat down with Co-Founder and Director of Franchising Johnny LeHane to discuss the genesis of WAKA, what it means to be a franchisee, ... -
Questions to Ask Before Buying a Franchise – Location, Location, Location
25 Apr 2012 | 3:06 pmThere’s an old adage that in real estate there are three supremely important factors: location, location, location. The same holds true for franchises. A ... -
The 10 Fastest Growing Industries In the U.S. and What That Means For Franchising
25 Apr 2012 | 11:34 amThe Top 10 Fastest-Growing Industries in the United States: 1. Generic pharmaceuticals 2. Solar panel manufacturing 3. For-profit universities 4. Pilates and yoga studios 5. Self-tanning product manufacturing 6. 3-D ... -
Testimonial: Chyten Franchising, Inc.
23 Apr 2012 | 3:25 pmWe’ve done it again folks! We couldn’t be more pleased that one of our clients is this kind of happy: “Wow. In a matter of ... -
Mathnasium Franchise Spotlight
20 Apr 2012 | 3:45 amLet’s face it – math is tough. So tough, that many kids need help reinforcing the basic principles and learning the more advanced mathematics ...
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Ameci Pizza Franchise Blog
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iPads Replacing Cash Registers in Restaurants
14 May 2012 | 9:51 amSince it was first released in April 2010, the Apple iPad tablet has had a huge impact on the way many businesses promote and sell their products to the public. In the last year alone, well known companies such as Lowe’s, Home Depot, Nordstrom and Urban Outfitters have all started using handheld devices at their stores in the United States. While they may be reticent to say which handheld tablet devices they are using, you can almost guarantee that the vast majority of these will be Apple iPads. iPads are being used in many stores or restaurants to either check on a product’s… -
Recruiting Staff for your Franchise
30 Apr 2012 | 3:37 amA crucial ingredient in a successfully ran franchise is the staff you recruit to work alongside you. Recruiting the right people with the necessary skills to allow your franchise to operate smoothly can go a long way to ensuring the long-term success of your franchise. Adopting a good recruitment policy will almost inevitably result in an increased level of productivity within your franchise. How smooth the day-to-day running of your franchise will be is closely tied to whether or not you have the right people in each position in the franchise. Franchises have a distinct advantage over… -
Raising Money For Your Franchise
24 Apr 2012 | 10:24 amThe idea of raising the money to both buy and operate your franchise might seem a bit daunting, but it shouldn’t be. The vast majority of potential franchise buyers need some kind of financial assistance to be able to afford to purchase a franchise, so you shouldn’t feel uncomfortable going to a bank or another lender. If you do need to go to a bank to raise finance for your franchise, there are a number of steps you can take to make this process a lot easier for yourself. As has been mentioned on this blog before, developing a sound business plan for your franchise will… -
Ameci Pizza Kitchen Reaches for New Markets
23 Apr 2012 | 10:59 amAs part of their 2012 strategy, Ameci Pizza Kitchen franchise targets new markets, aiming for further growth in California and entry into new states across the country. The Ameci Pizza Kitchen franchise announced this week its plans for growth in 2012, stating that their goal was to recruit more multi-unit franchise operators both in California and other states across the country. There are currently 42 Ameci Pizza & Pasta restaurants in operation in Los Angeles and San Francisco and the franchise sees further opportunity for growth in San Francisco, San Diego and other Californian… -
Writing a Business Plan for your Franchise
19 Apr 2012 | 8:23 amOne of the first things you will have to do if you are thinking of purchasing a franchise is write a franchise business plan. Why do you need to do write a business plan? Well, a thoroughly developed business plan will increase your chances of getting the financial support from investors you may well need to kick-start your franchise. Although there is no one set way to write a business plan, if you follow the guidelines below, you won’t go far wrong. Every business plan should begin with an introduction. That may well be one of the most obvious things you’ve ever heard, but it…
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VetFran
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Hiring Heroes: Challenges Addressed at Restaurant Show
8 May 2012 | 10:28 amThe nation’s unemployment rate is 8.1 percent. But the unemployment rate of America’s youngest military veterans returning from Iraq and Afghanistan hovers at a stunning 29 percent, according to an op-ed Sunday in The Washington Post by Adm. Mike Mullen, former Chairman of the Joint Chiefs of Staff, and Steven A. Cohen, founder of S.A.C. [...] -
Veterans Find Support in Internet “Crowdfunding”
3 May 2012 | 1:39 pmEntrepreneurs seeking capital to start their businesses are using innovative ways to do so according to an April 29 New York Times article “Start-Ups Look to the Crowd,” but veterans interested in franchising have their own resource. A new online program or “crowdfunding” site, Boost A Hero, is especially designed to help qualified military veterans [...] -
Newest vets face hurdles, help as they struggle to get back on track in tight economy
30 Apr 2012 | 1:03 pmMatthew Saldana proved himself in a world where stress, danger and life-and-death decisions were routine. He served one tour in Iraq and a second in Afghanistan, according to an article by StarTribune Politics. But the Army veteran is having a harder time back home navigating a calmer but uncertain terrain — the job market. -
VetFran Gears Up for Detroit Expo
30 Apr 2012 | 12:45 pmThe National Veterans Conference & Expo in Detroit June 26-28 will feature a first-ever “Taste of Franchising Pavilion” at the VA-sponsored event, expected to attract 15,000 veterans from seven states. IFA members like FASTSIGNS International and Two Men & a Truck are confirmed to exhibit in Detroit, setting the stage for a strong franchise presence at this high-profile event. “The Open House where the Taste of Franchising Pavilion will be located will be a high-traffic area” en route to a free hiring fair, said Drew Bookie, Special Assistant to VA Secretary Eric Shinseki,… -
5 Tips For Military Veterans Interested in Franchise Ownership
20 Apr 2012 | 2:16 pmThe IFA has stepped up for our nation’s veterans with Operation Enduring Opportunity, a campaign to offer franchise career opportunities and ownership. If you’re leaning towards becoming your own boss, owning a franchise business is one option that you may find pretty attractive. Here are two reasons why; • Your military background You’re uniquely suited to [...]
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visionreachinc
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Great Passion, Great Results – Sell What You Believe, Not What You Produce
7 May 2012 | 12:46 pmI had an interview with a business client today. It was the second interview with the same organization. In each case the interviewer did their job. They stayed within their parameters. They executed on their job description. But there was a problem. The ambassador of this fine organization, in either case, didn’t simply was not passionate about the company. Neither person knew their unique mission or business proposition. In each case the objective was to the businesses shortcoming; their need. There was zero excitement about who they were, what they did, why they did it and how… -
A Plan for the Second Half
25 Apr 2012 | 4:30 pmLast year, one of our clients, a franchisee with Expense Reduction Specialists (ERA), as part of our investigation process, wrote a retrospective about having dreamed for years about where he wanted his career to go. However, until we met he had never got past the dreaming. But, as part of our process he did a “Second Half Plan.” The timing was perfect. Though working, he was on borrowed time. His “career” had turned into an unsettling string of “engagements” with his ex-employer as a consultant. He never knew when the company’s need would be defunded and he would no… -
Franchising 101: Useful Terminology & Acronyms
25 Apr 2012 | 4:10 pmI’ve compiled a simple and not exhaustive list of the terms and acronyms that you will find most useful in your study and understanding of franchising. 1. Franchisor: A company that is choosing to expand via business format franchising and is offering the opportunity to investors who want to run a location or territory of the business. 2. Franchisee: An individual who chooses to invest in a franchise to become a business owner. 3. Master Franchisee/Developer/Sub-Franchisor: An individual or organization that is selected by the franchisor to be in charge of building out an entire… -
New Business Opportunity for the Unemployed! Part 2
1 Apr 2012 | 4:16 amBusiness Front Door (Photo credit: chunter01) Entrepreneurs sometimes want to pave their own path. Go a different direction that no one else has gone and do it better. Franchising is about the tried and true. Top franchises have a proven method for success and they stick to it. There will be recorded failures in their system. Any franchise with any history has failures. Typically those failures are not systems issues and study after study has shown this. You reduce failure rate by drilling down on the most challenging issues within the business area. The franchiser made all the mistakes of… -
New Business Ownership for the Unemployed! Part 1
30 Mar 2012 | 3:15 amBusiness Front Door (Photo credit: chunter01) Although I wrote this post a couple of years ago, many things remain unchanged…It was reported that there were approximately 13.7 million people unemployed as of April 2009 (update as of 3/9/12, still 12.8 million unemployed). 3.7 million (update as of 3/9/12, 5.4 million) of those have been jobless for half a year or better (27 weeks or more).It is no wonder why so many have begun to turn to franchising or small business ownership as an alternative. We all have grown weary in the workplace of the lack of security and even-handedness in the…
