Franchising

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  • McDonald’s Just Became The Most Transparent Company In The World

    The Franchise Biz Directory
    admin
    14 Oct 2014 | 2:24 pm
      What just happened at the McDonald’s Corporation?What’s going on at McDonald’s headquarters.Was it an unusually strong full moon?Did the recent lunar eclipse have an effect on the executive team?Is someone piping some type of odd gas into McDonald’s ventilation system at its headquarters near Chicago?What just turned the fast-food giant into such a transparent company?  McDonald’s Just Became The Most Transparent Company In The WorldSomething happened. Or, something is happening.Maybe it’s all of the customer complaints that have been…
  • Techniques To Hook Customers Online

    Franchising.com
    22 Oct 2014 | 8:00 am
    Tips for reaching customers with online and social media tools and understanding how to maximize these online resources to reach your customers quickly and effectively.
  • Tweeting Your Franchise to Prominence

    Starting a New Business Advice Blog - FranNet Franchise Business Opportunity Consultant Blog
    FranNet
    20 Oct 2014 | 12:24 pm
    The phenomenon of social media continues to creep into our daily lives. Whether you’re looking at a business advertisement, a television show or your favorite website, the social media widget is omniscient. By this time, everyone is quite used to seeing website addresses as part of the conversation. For instance, if you watch Dateline NBC, […]
  • Franchise Focus Blog Discusses The Secrets to Success in Franchising

    Rush on Business
    Rush Nigut
    22 Aug 2014 | 7:53 am
    I read an excellent post recently about The Secrets to Success in Franchising. I love what blog author Mike Sheehan had to say to start the article, If the title of this article caught your attention because you’re looking for a magic bullet, stop reading right now. There is no such thing – for any of your goals. Whether you’re trying to lose weight, quit smoking or achieve success in franchising, a quick fix or an easy solution will lead you to only one inevitable destination: failure. But he does come forward with some concrete action steps in the blog post to increase…
  • Franchise Ownership: Do You Need A Partner?

    The Franchise Biz Directory
    admin
    12 Oct 2014 | 6:01 pm
    Has it crossed your mind?Have a thought of getting a partner?If so, are you thinking about getting a partner for your franchise…for the money?In other words, do you want a partner so you won’t have to put as much money into this venture?If that’s your reason for wanting a partner, you need to think a little harder about your idea.Keep reading. Franchise Ownership: Do You Need A Partner?I understand. All of us like the idea of lowering our risk. But, do you need a partner in your new franchise business?While it’s true that with a partner you would be putting in less money than…
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    The Franchise King®

  • Franchising Is A Scam

    The Franchise King®
    20 Oct 2014 | 12:22 pm
    That’s right. Franchising is just a big-old scam. With a capital “S.” Are you surprised to see a statement like that coming from me? The Franchise King®? What’s the deal? After all, I’m the guy who for years has been 100% focused on providing useful franchise tips, information and advice to prospective franchise owners from around the world. I want people to buy franchises! I want people to become their own bosses. I want people to not  have to work in corporate America if at all possible. I want people to be able to live their dreams. Heck, I’ve written well over 2,000…
  • The Magic Of Franchise Financing

    The Franchise King®
    15 Oct 2014 | 6:06 am
    (Guest post) Can you become rich by opening up a franchise? Possibly! However, if you’re able to open 5 or 10 successful franchise locations, you’re more likely to get rich. The good news is that a business owner that is able to successfully operate one franchise location, is likely to be able to get financing to opening additional franchise locations at very attractive interest rates and terms. One of the major benefits of opening a franchise versus starting an independent business is the ability to access capital, which can fund rapid growth.   In General Banks Don’t Like…
  • Franchise Opportunities: Opening A UPS Store

    The Franchise King®
    13 Oct 2014 | 4:58 am
    (Sponsored Post) I’ve never met anyone who hasn’t heard of The UPS Store®. It’s quite difficult to ignore a brand that has over 4400 units operating in the U.S. It’s quite the franchise. It doesn’t hurt that the UPS® brand itself, the parent company of the franchise, has been around since 1907. Fact: UPS is the world’s largest package delivery company. Using the most advanced technology, combined with access to global resources, plus an integrated network of physical, technological, and human assets, UPS provides an infrastructure that most franchisors wish they…
  • 90 7-Eleven Franchises For Sale In New York

    The Franchise King®
    12 Oct 2014 | 9:53 am
    There well over 8,000 7-Eleven locations in the U.S. and Canada: More than 6,000 are owned and operated by franchisees. 7-Eleven retail franchises are very familiar across most of the U.S. The executive team at 7-Eleven headquarters wants it to be a 100% franchised here. Can it be done? Fact: 7-Eleven stores number 53,000+in 16 countries; 87 percent of them are 7-Eleven franchises. Based on that, 90 7-eleven franchises for sale in New York…actual units being offered for sale, isn’t a number that’s out of line.   7-Eleven Accolades 7‑Eleven has has won a lot of awards…
  • How To Change The Franchise World As A Franchisee

    The Franchise King®
    8 Oct 2014 | 8:28 am
    Before I share my thoughts and ideas on how franchisees can change the franchise world, it’s important for you to understand where my Crown head is at…where I’m coming from. Let’s begin.     My Baggage It comes with me wherever I go. Your  baggage comes with you too, although you may not be aware of it. By “baggage” I mean the things I’ve experienced. In this post on How To Change The World As A Franchisee, I’m only going to talk about my franchise  baggage…the things I’ve experienced in franchise management, as a franchisee, as a franchise broker, and…
 
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    Rush on Business

  • Entrepreneur Magazine Says Hire a Good Lawyer When Starting Business

    Rush Nigut
    7 Oct 2014 | 7:14 am
    Entrepreneur Magazine columnists Courtney Spritzer and Stephanie Abrams list Hiring a Good Lawyer as one of the four things a start up business owner should do that may not be in the business plan. Another professional they suggest engaging is a knowledgeable accountant. And I could not agree more. In fact, I get worried when a client tells me they are not working with an accountant. Two other professionals I strongly suggest seeking out: A business insurance professional. Notice I said “business” insurance professional. All insurance agents are not created equal and over the…
  • Watch for Alleged Yellow Page Advertising Scams

    Rush Nigut
    3 Oct 2014 | 12:19 pm
    I was recently contacted by a business client whose employee signed a “contract” purporting to be from YELLOW PAGE IOWA that had been faxed to their business for what appeared to be a free Yellow Page or Facebook ad. The contract is misleading and deceptive and the fine print actually attempts to lock the client in to paying $99.00 per month for a two-year period all, payable one year in advance. The client has since received numerous bills and threatening letters from this organization apparently headquartered in Dubai despite numerous attempts to resolve the situation. My…
  • Wall St. Journal Lists Troubled Franchise Brands

    Rush Nigut
    1 Oct 2014 | 7:04 am
    A recent Wall St. Journal article discussed some of the franchise brands with higher-than-average default rates. The highest on the list? Planet Beach at a considerable 41.1.% default rate for SBA loans from 2004 through 2014 according to the article. The franchising industry and its model of business does a wonderful job of marketing itself. I hear all the time from prospective franchisees about wanting to be a part of a “system” that helps them with the sales and marketing and a business that has processes in place. Unfortunately all too often the supposed “system”…
  • Franchise Focus Blog Discusses The Secrets to Success in Franchising

    Rush Nigut
    22 Aug 2014 | 7:53 am
    I read an excellent post recently about The Secrets to Success in Franchising. I love what blog author Mike Sheehan had to say to start the article, If the title of this article caught your attention because you’re looking for a magic bullet, stop reading right now. There is no such thing – for any of your goals. Whether you’re trying to lose weight, quit smoking or achieve success in franchising, a quick fix or an easy solution will lead you to only one inevitable destination: failure. But he does come forward with some concrete action steps in the blog post to increase…
  • Iowa Company Choice Energy Powers Toward Top of Inc. 5000 List

    Rush Nigut
    20 Aug 2014 | 11:32 am
    A big congratulations to client Choice Energy for its inclusion on the Inc. 5000 list of fastest growing company debuting at No. 40 on the list and No. 1 for Iowa companies! The company has experienced incredible growth for their operations posting a 6,021% growth over a 3-year period. The company supplies electricity to residential and commercial customers, and is currently licensed to conduct business in Connecticut, Ohio, New Jersey, Pennsylvania, Illinois, Massachusetts, and Maine. You can check out the company’s profile on the Inc. 500 list here.
 
 
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  • Did you know your deli has a secret menu?

    23 Oct 2014 | 11:35 pm
    Did you know your deli has a secret menu?GettyMost people tend to miss out on the most unique cuts of meat simply because they don't know.'Secret' items you should ask forMore to readFuturistic technology showcaseFood hacks for the kitchen
  • Heartbreaking sight at home of slain soldier

    23 Oct 2014 | 11:35 pm
    Heartbreaking sight at home of slain soldierFacebookA moving scene emerged at a makeshift vigil for Cpl. Nathan Cirillo, the reservist killed in a terrorist attack in Ottawa. Warning: Pics may make you cryRelated coverageCanada signals shift in terror fightDetails emerge about shooter
  • Firefighters baffled by frantic woman's move

    23 Oct 2014 | 11:35 pm
    Firefighters baffled by frantic woman's move FOX2When Christine rushed into her home, rescuers thought she was going after a pet -- but she wasn't.What she saved may make you shake your head More to seeEbola mistake on newscastParalyzed man's big development
  • Lakers dealt devastating blow

    23 Oct 2014 | 11:35 pm
    Lakers dealt devastating blowGettyAging star Steve Nash had said this year would be his last in the NBA -- but now he won't be playing at all.Why he's out for entire seasonMore NBA coverageBlake Griffin probed in assault'Tanking' reform voted down
  • NYC has been struck by first case of Ebola

    23 Oct 2014 | 11:35 pm
    NYC has been struck by first case of EbolaAPOfficials confirmed Dr. Craig Spencer, 33, tested positive for the virus Thursday, but attempted to ease concerns about spreading.Hospital he's being treated atMore coverage on EbolaCDC details new response teamsDisease's fear-factor revealed
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    FranchisEssentials

  • Fear And Consequences Of Failure: A True Story Retold

    Paul Segreto
    20 Oct 2014 | 10:01 pm
    I’ve been asked time and again to post the following article that I’ve written about my own personal experience as a multi-unit franchisee where I succeeded at first, only to crash and burn later on. This article has been posted on several of my blogs, and picked up by numerous other blogs and online magazines. I have received numerous comments and inquiries about the article, individuals sharing their personal experiences and requests for assistance. Although I cringe at the thought of any business failing, I admire and respect the fact that franchisees and franchisors alike know…
  • Franchise Sales: A Tale of Two Theories

    Paul Segreto
    10 Oct 2014 | 6:00 am
    A couple of years ago, there was a discussion in the Franchise Executives group on LinkedIn with the posted question, “Who is using outside franchise sales groups [brokers]?” Below are some interesting responses from group members that are not franchise consultants or brokers: An experienced franchise executive stated: “Why wouldn’t you develop your own small sales group? Using a service that sells multiple franchises diminishes your quality control to some degree. I have been a part of 2 franchisors for 25 years and neither has ever used any of these groups and we have had lots of…
  • Social Media: Looking Back to 2010 – Has Anything “Really” Changed?

    Paul Segreto
    27 Sep 2014 | 1:11 am
    Four years ago, I submitted an article for the International Franchise Association publication, Franchising World. The article was about capitalizing on what was then a relatively new but increasingly mainstream technology, social media. When looking back at the article I quickly realized that not much has really changed from my philosophy in effectively utilizing social media, and especially in a franchise environment. Sure, some of the platforms have changed and some social media have gone by the wayside while new ones have popped on the scene, but from a strategic standpoint, my philosophy…
  • The Changing Franchise Relationship

    Paul Segreto
    14 Sep 2014 | 5:17 am
    “…the summer of 2014 saw two major judgments that underscored the changing times. While these two rulings address different parts of franchise operation, they both serve as actions seeking to level the balance of power between the franchisor and the franchisee.” – Franchise Direct The quote above was from the beginning of a recent article on FranchiseDirect.com, The Changing Franchisor-Franchisee Relationship. It was for this article that I was asked to be interviewed. I’d like to thank the team at Franchise Direct for the opportunity to share insight and…
  • Franchise Relationships & Culture Discussed with Veteran Franchise Professionals

    Paul Segreto
    9 Sep 2014 | 7:06 am
    Culture and franchise relationships have been hot topics in various franchise discussion groups. So, it’s fitting that I share a couple of interviews from Franchise Today that focused on these hot topics that are often synonymous with each other. The first I’d like to share is from the second week of The Franchise Model Series that aired in 2013. My guest was Mark Liston, President of Glass Doctor. Mark and I discussed operations support and franchisee relations best practices with emphasis on the franchise relationship itself. The interview may be accessed HERE. Another interview…
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    Starting a New Business Advice Blog - FranNet Franchise Business Opportunity Consultant Blog

  • Tweeting Your Franchise to Prominence

    FranNet
    20 Oct 2014 | 12:24 pm
    The phenomenon of social media continues to creep into our daily lives. Whether you’re looking at a business advertisement, a television show or your favorite website, the social media widget is omniscient. By this time, everyone is quite used to seeing website addresses as part of the conversation. For instance, if you watch Dateline NBC, […]
  • When Marketing Your Franchise, Think Outside Your Walls!

    FranNet
    13 Oct 2014 | 1:24 pm
    One of the great ways to market your business is through webinars. Here are some helpful hints on conducting your webinar.
  • Obamacare’s Effect on Business: Educate Yourself

    FranNet
    6 Oct 2014 | 11:42 am
    Since the discussion commenced on our government overhauling the health care system in this country a few years ago, there have been fewer hot-button issues so loudly debated as the Affordable Care Act. Quickly dubbed “Obamacare,” the sweeping law enacted has had—and will continue to have—far reaching effects on our society as a whole. While […]
  • Recent Trends in Franchising

    FranNet
    29 Sep 2014 | 12:53 pm
    Here at the FranNet Blog, we like to keep all of our readers apprised of the latest and greatest happenings in the exciting world of franchising…which is why we’re going to take a look at three of the hottest trending topics in the industry: Semi-absentee retail concepts, Low cost franchises and the Dads and Grads (or […]
  • How to Ensure a Good Fit for You in a Franchise

    FranNet
    16 Sep 2014 | 1:24 pm
    While inquiring about how to ensure a good fit for each candidate might seem like an obvious FranNet consideration, there is a clear cut reason why some franchisees fail to achieve real success in the world of entrepreneurship. As a potential franchisee looking to join up with a successful brand and system, you know that […]
 
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    Franchise Money Maker

  • FRANCHISE STRATEGIST- Panelist on the topic of Private Equity Investing In Franchise Companies

    Franchise Strategist
    19 Oct 2014 | 7:58 am
    FRANCHISE STRATEGIST I will be a Guest Speaker & Panelist on the topic of Private Equity Investing In Franchise Companies at "The Capital Roundtable" Conference" Thursday October 23rd at The University Club in NYC. There is still time to register for this important, all day event. The Capital Roundtable is America’s...more http://lnkd.in/dUSywQT
  • Entrepreneur’s Source Franchise Infographic Examines Employment vs. Business Ownership

    Franchise Strategist
    16 Oct 2014 | 8:21 pm
    Entrepreneur’s Source Franchise Infographic Examines Employment vs. Business Ownership business ownership, Employment, entrepreneur coach, Entrepreneur's Source Franchise, entrepreneur's source terry powell, Entrepreneurship, Entrepreneur’s Source founder Terry Powell, Entrepreneur’s Source Franchise Friday, franchise business opportunity, franchise business ownership, franchise coaching, Franchise Friday, Income, Lifestyle, small business ownership, The Entrepreneur's Source Reviews, The Entrepreneur’s Source, The Entrepreneur’s Source Franchise, The Entrepreneur’s Source…
  • Start a Business – Is It Time To Graduate And Move Forward?

    Franchise Strategist
    12 Oct 2014 | 4:41 am
    Start a Business - Is It Time To Graduate And Move Forward? It's up to you to decide whether or not to allow yourself to continue repeating classes and doing the same things again and again. It's up to you to decide you've graduated and to take those steps forward.. Nobody ever considers staying in middle school beyond graduation because once you've graduated you've learned what you needed to learn. How many times can you take the same science or math class? How many times can you write the same essay? Middle school was a vital stepping stone but it was just that attention, Best Practices,…
  • Knowledge Networking

    Franchise Strategist
    4 Oct 2014 | 8:06 pm
    Knowledge Networking, Entering the business world was the first time I ever had a business card. Suddenly I was important and I would hand my card out to everyone whether they wanted one or not. I was fascinated with how much information could be put on a 3” x 2” piece of paper. Name, job title, company, phone (office, home, fax, cell) office address or two, a logo, a tag line and sometimes a famous quote to be different. network, Howard Schwedel, de-centralized management structures, SCHWEDEL BUSINESS SERVICE,personal achievements, proven business results,
  • How to Advance Your Franchisees’ Local Marketing Success While Protecting Your Brand Equity. A High-Tech, High-Touch Approach.

    Franchise Strategist
    30 Sep 2014 | 8:16 pm
    How to Advance Your Franchisees’ Local Marketing Success While Protecting Your Brand Equity. A High-Tech, High-Touch Approach. If you’re looking for smart, affordable marketing support solutions combining 24/7 web access with a personal touch to support your users, MarComet can help. Whether you need a simple way to order printed business materials or a total solution for delivering sales and marketing materials to your sales, franchise or geographically dispersed organization, we offer a full line of brand marketing support solutions that enable companies to maximize the value of their…
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    Franchise Hound

  • The Franchise Hound Blog

    bestfranchise
    23 Oct 2014 | 4:03 pm
    Welcome to The Franchise Hound’s blog. Will update soon!
  • Veritas Inc Atlanta on Social Media Marketing

    bestfranchise
    5 Sep 2014 | 10:32 pm
    If you have yet to include social media marketing in your web business, then you are failing to do more. Veritas Inc in Atlanta GA does this perfectly. One thing that is a fact which is a tremendous number of businesses have benefited due to their involvement with social media. It is smart to put your best effort into this because you just may go viral on social media in your niche. A glimpse into the keys to the kingdom exist in the article you are reading. Imagine you cranking out strong social media campaigns at will. Veritas Incorporated (Atlanta, GA): Social Media Marketing There are…
  • Veritas Inc Franchising Info for Atlanta Entrepreneurs

    bestfranchise
    5 Sep 2014 | 10:16 pm
    Welcome to the new and improved Franchise Hound! We have updated our look, so take a look around! Starting a franchise can be very scary, so I would suggest that you do all of your due diligence before jumping into something. Make sure that its the perfect fit. Running your own business isn’t just something you leap into. You have to know everything about it to be successful. Veritas Inc Atlanta, GA This month we are featuring the company, Veritas Inc in Atlanta, Georgia. While this company isn’t a franchise company, per se, it has been operating at incredible speed. The president…
 
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    VetFran

  • Pizza Inn Launches Treats for Troops With a Twist

    admin
    20 Oct 2014 | 1:16 pm
    This year, Pizza Inn is extending its reach worldwide with Treats for Troops With a Twist, a project aimed at making our service men and women’s holidays a whole lot sweeter. Starting today, participating restaurants will urge guests to visit their neighborhood Pizza Inn by Sunday, Nov. 2, with a bag of unwrapped, individual-size candy to be included in care packages addressed to military personnel stationed across the globe. For each bag donated, the guest will be treated to a free Pepperoni Twist. “We’re proud to reach outside the four walls of our restaurants to share a little…
  • Sparkle Wash International Introduces Military Transition Program For Veterans – more entrepreneurship training

    admin
    16 Oct 2014 | 8:39 pm
    Sparkle Wash International is honored to be ranked #5 in the Military Times 38 Best for Vets: 2014-15 Franchise Rankings. Franchises were selected based on financial incentives, brand performance, corporate policies and the willingness to support a successful environment for vets. And in continued support of the veteran community, Sparkle Wash International is excited to offer the Military Transition Program to all veterans entering into a new franchise relationship. This program is designed to give veterans additional support in business fundamentals, marketing and education. “For many…
  • EVENT CONNECTING VETERAN-OWNED-SMALL BUSINESSES TO CORPORATE SUPPLY CHAIN

    admin
    16 Oct 2014 | 6:47 pm
    Registration is NOW OPEN! Summary of Event In partnership with Marriott International, Inc. we present an amazing and innovative event titled,Connecting Veteran-Owned-Small Businesses to Corporate Supply Chain: Learn how your small business can service corporate supply chains.  Register here! During this year’s National Veteran’s Small Business Week IFA’s VetFran program has partnered with Marriott International, Inc. and the Small Business Administration (SBA) to connect veteran-owned small businesses to corporate supply chains.  Come listen to Marriott’s expert on Supplier…
  • Life After the Military Doesn’t Have to be A Blank Canvas

    admin
    15 Oct 2014 | 10:18 am
    Waylon White, 37, had already completed one U.S. tour in Iraq when he volunteered to return for a 2nd deployment to train Iraqi forces in May 2006. Little did the U.S. Marine Corps Captain know, his next visit would not be like his first. There for only 22 days, Waylon and a fellow Marine Captain were embedded with 60 Iraqi soldiers when insurgents began attacking their small compound. The other Marine was killed in that attack, and Waylon was knocked unconscious from an exploding mortar round. He would later wake up in Germany at Landstuhl Regional Medical Center with a list of injuries…
  • LEARN LESSONS FROM THE VETERAN FRANCHISEES THAT ARE DOING IT. JOIN US OCTOBER 24TH IN ANAHEIM, CA

    admin
    11 Oct 2014 | 9:08 pm
    Come join VetFran with some of the veterans that are in the trenches of franchising on October 24th at Anaheim Convention Center.  You will learn some key takeaways of the industry. We are here to help you be successful as a small business owner.  This will be a great educational session! The event details are below: Date/Time: Friday, October 24, 2014 2:30 PM – 3:30 Location: Anaheim Convention Center 800 W. Katella Ave Anaheim, CA Room 201D Signup for the event here. Enter  VETGP promo code.  View the event flyer here.  The stats show that vets have amazing track record when it…
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    Best Small Business Advice From The Experts

  • The Grounds Guys® welcome new franchisees in 3rd quarter

    Rebecca Jung
    10 Oct 2014 | 6:18 am
    As a four-year-old franchise in the U.S, The Grounds Guys is breaking the mold when it comes to franchising. After large growth last quarter, The Grounds Guys continue to grow in the third quarter of 2014. The third quarter spans from July to September of 2014. “We are pleased with our continued growth this quarter,” Chris Elmore, President of The Grounds Guys, said. “As a company we love helping people achieve their goals of business ownership, and we are honored to welcome these new franchisees to The Grounds Guys’ family.” Year to date The Grounds Guy have added 35 new franchise…
  • Military Times: Mr. Appliance® in Top 20 Best Franchises for Veterans

    Rebecca Jung
    12 Sep 2014 | 6:40 am
     Military Times recently announced its Best for Vets: Franchises 2014-15 rankings. The organization comprising Army Times, Navy Times, Air Force Times and Marine Corps Times focused on financial incentives, brand performance and policies that cater to veterans and reservists when conducting and scoring the Best for Vets: Franchises survey, a highly respected, nearly 110-question analysis of a franchise’s efforts to provide veterans an environment for success. “As with all of the Best for Vets rankings, Best for Vets: Franchises is an editorially independent news project that evaluates…
  • Military Times: The Grounds Guys® among top 10 Best Franchises for Veterans

    Rebecca Jung
    9 Sep 2014 | 6:58 am
     Military Times magazine recently announced its Best for Vets: Franchises 2014-15 rankings. The organization comprising Army Times, Navy Times, Air Force Times and Marine Corps Times focused on financial incentives, brand performance and policies that cater to veterans and reservists when conducting and scoring the Best for Vets: Franchises survey, a highly respected, nearly 110-question analysis of a franchise’s efforts to provide veterans an environment for success. “As with all of the Best for Vets rankings, Best for Vets: Franchises is an editorially independent news project that…
  • The Dwyer Group® Brands Are Top Innovative Franchises

    Rebecca Jung
    5 Sep 2014 | 7:21 am
    Entrepreneur Magazine recently listed The Dwyer Group as one of their  Top Innovative Franchises. The Dwyer Group, the parent company for seven home service brands, was recognized on the list for a program initiated by Dina Dwyer-Owens, Co-Chairman of The Dwyer Group. “It is an honor to be listed among the top innovative franchises by Entrepreneur Magazine,” Heather McLeod, Director of Franchise Sales Marketing at The Dwyer Group, said. “We are dedicated to helping people achieve their personal and professional goals in the service industry through franchising.” Entrepreneur’s…
  • Tired of the Bidding War? Try Exploring a New Profit Source

    Brianna Bowman
    29 Aug 2014 | 2:55 pm
    Are you tired of playing the “how low can you go” bidding game? Are you tired of slim profit margins and having to chase every penny of your payment from construction companies? THE PROBLEM Right now, you’re probably facing a number of different challenges in your business. Increased competition in an extremely narrow market: A rough period in the economy has led to a decreased demand for contracts and jobs in electrical, construction, and large commercial/industrial work. The bidding war: How low will you go just to get the job? Slim margins/profit: In order to compete in the…
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    Franchise Focus Blog

  • Franchise Focus Figures - October 2014

    Mike Sheehan
    1 Oct 2014 | 3:25 am
    Franchise Focus Figures - October 2014 By Mike SheehanThe Franchise Focus Figures column provides a very brief, by the numbers description of the month's franchise news$1.3 BillionGross proceeds from sale of senior notes issued by special purpose subsidiaries of DineEquity, Inc. (NYSE: DIN)(Applebee's Neighborhood Grill & Bar, IHOP) in a privately placed securitization transaction that was completed on September 30, 2014, according to a company press release. The notes will bear interest at a rate of 4.277% per annum, payable quarterly, and will have an expected term of seven…
  • Franchisor of Chiropractic Clinics Files IPO

    Mike Sheehan
    24 Sep 2014 | 6:57 pm
    Franchisor of Chiropractic Clinics Files IPOBy Mike SheehanThe Joint Corp., a rapidly growing franchisor of chiropractic clinics that operate on a non-insurance, cash-based model, filed a registration statement with the Securities and Exchange Commission (SEC) on September 19, 2014 for an initial public offering (IPO). The company is seeking to raise $35 million and, according to its SEC filing, intends to use the net proceeds of the offering toestablish new company-owned clinicsacquire selected existing franchised clinics and reposition them as company-owned clinics, andrepurchase selected…
  • Coming Soon (Maybe): Franchise Opportunities for Olive Garden and LongHorn Steakhouse

    Mike Sheehan
    22 Sep 2014 | 10:20 am
    Coming Soon (Maybe): Franchise Opportunities for Olive Garden and LongHorn SteakhouseBy Mike SheehanDarden Restaurants, Inc.'s (NYSE: DRI) proxy battle with hedge fund Starboard Value is yielding more than a relentless onslaught of Securities and Exchange Commission (SEC) filings: a - so far - one-sided examination of the merits of franchising Darden's remaining flagship restaurants.On July 28, 2014, Darden completed what Starboard considered to be an all too hasty bargain basement sale of its beleaguered Red Lobster restaurant chain. Neither of Darden's remaining anchor restaurants, Olive…
  • From Great to Second Rate

    Mike Sheehan
    12 Sep 2014 | 10:16 am
    From Great to Second RateBy Mike SheehanA stumble only prevents a fall if the right adjustments are made to restore balance. Some high profile franchises that made mistakes over location, product relevance and marketing never found their balance and, as a result, stumbled into a the business equivalent of a face plant. Writer Jason Daley tells the tale of three of these ill-fated franchises in Why These 3 Once Thriving Franchises Have Fallen on Hard Times, which appeared in the August 2014 print edition of Entrepreneur magazine and is now available online. Mike Sheehan is a franchise…
  • Krispy Kreme Announces Deal to Expand in Southern Maryland, Greater D.C.

    Mike Sheehan
    10 Sep 2014 | 8:58 am
    Krispy Kreme Announces Deal to Expand in Southern Maryland, Greater D.C.Company Also Announces Fiscal Second Quarter 2015 ResultsBy Mike SheehanKrispy Kreme Doughnuts, Inc. (NYSE: KKD) announced that it signed an agreement with an affiliate of Monument Restaurants, a multi-unit franchise operator that currently runs 11 Five Guys Burgers franchises, for the development of 20 new Krispy Kreme units in Southern Maryland, Washington, D.C., Northern Virginia and nearby counties over the next several years, according to a company press release issued on September 9, 2014Another Monument Restaurants…
 
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    The Franchise Biz Directory

  • HSBC And Franchising

    admin
    22 Oct 2014 | 5:57 am
    I’ve never seen a financial institution more focused on franchising than HSBC.I hadn’t even heard of this international bank until visitors to The Franchise Biz Directory started searching for information on them.Check out how focused HSBC is on franchising. HSBC And FranchisingFirst, a little information about HSBC-from their corporate website:“HSBC was established in 1865, and today is one of the world’s largest banking and financial services organisations, serving the needs of over 58 million customers worldwide. Our worldwide connections enable us to offer a…
  • A Franchise Business That Sprays Little Kids With…

    admin
    21 Oct 2014 | 5:54 am
    Chemicals.I’d be willing to wager ( a lot of money) that you didn’t wake up this morning with this thought: “I want to buy a franchise business that sprays little kids with…”Chemicals.I won the bet. Admit it. Pay up. A Quick History Of Lice Infestation Removal Techniques(Olde Ye Technology. Hat-tip to Grace and Sarah for the “Olde Ye” term)This is how lice-removal technicians removed lice in the Old Ye times. Enjoyable. Probably.Nothing like an invigorating scalp massage with chemicals that kill bugs. (Modern lice-removal technology)What…
  • McDonald’s Just Became The Most Transparent Company In The World

    admin
    14 Oct 2014 | 2:24 pm
      What just happened at the McDonald’s Corporation?What’s going on at McDonald’s headquarters.Was it an unusually strong full moon?Did the recent lunar eclipse have an effect on the executive team?Is someone piping some type of odd gas into McDonald’s ventilation system at its headquarters near Chicago?What just turned the fast-food giant into such a transparent company?  McDonald’s Just Became The Most Transparent Company In The WorldSomething happened. Or, something is happening.Maybe it’s all of the customer complaints that have been…
  • Franchise Ownership: Do You Need A Partner?

    admin
    12 Oct 2014 | 6:01 pm
    Has it crossed your mind?Have a thought of getting a partner?If so, are you thinking about getting a partner for your franchise…for the money?In other words, do you want a partner so you won’t have to put as much money into this venture?If that’s your reason for wanting a partner, you need to think a little harder about your idea.Keep reading. Franchise Ownership: Do You Need A Partner?I understand. All of us like the idea of lowering our risk. But, do you need a partner in your new franchise business?While it’s true that with a partner you would be putting in less money than…
  • Yum! Brands Made A Mistake: So What?

    admin
    10 Oct 2014 | 6:42 am
      Yum! Brands, a 40,000 unit franchise company, made a mistake.So what?All companies do. Some, more than others.How they remedy their mistakes is what matters these days. Yum! Brands Made A Mistake: So What?Yum! Brands has decided to open restaurants that focus on Southeast Asian food…Vietnamese food. Banh Shop, is the name they’re going with, and one just opened near Southern Methodist University in Dallas, Texas. The problem isn’t with the restaurant-or the food it’s serving. The problem is this:  Fact: A five-pointed red star is the symbol for…
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