Let's Talk FranchisingLet's Talk FranchisingThe weblog provides valuable insight and information regarding franchising and franchise opportunities. Lets Talk Franchising includes a mix of insight, commentary, case studies and analysis written by Jim Coen owner of Franchise Perfection, a franch Articles
Small Business Administration updates SOP for the first time since 1999
2008-04-17 17:56:00 Since January 29, 1999, the SBA has updated its Standard Operating Procedures (SOP) via various policy notices. Over the past several months, the SBA staff took on a massive project, attempting to incorporate over 7 years of policy notices into an updated version of the SOP, while simultaneously reducing the volume. The modernized SOP ... More About: Business , Small Business , Time , Updates , Small
Franchise Resale: Ronzio Pizza, Rhode Island
2008-04-17 17:33:00 Ronzio Pizza & Subs Franchise started in 1987 in a predominantly Italian Providence, Rhode Island neighborhood. From the beginning Ronzio’s made its dough fresh several times per day and the pizzas were prepared using the freshest, top quality cheeses and toppings. Quickly Ronzio Pizza and Subs become the favorite among the neighbors and word ...
Franchise Resale: D?Angelo Grilled Subs South of Boston
2008-04-17 17:22:00 D?Angelo Grilled Subs is a leader in the Quick Service Sandwich Segment of the restaurant industry in the Boston area. The average sales of D?Angelos franchise shops have exceeded expectations, and the number of restaurants throughout New England continues to grow. There are two D’Angelos for sale South of Boston. D?Angelos?s Grilled Subs has been in ... More About: Franchise
Baskin-Robbins to hold 31-cent scoop night
2008-04-16 22:09:00 Ice cream marketer Baskin-Robbins will hold its second annual 31 Cent Scoop Night to raise money for the National Fallen Firefighters Foundation, the company said on Wednesday. Canton, Mass.-based Baskin-Robbins will hold 31 Cent Scoop Night on April 30 from 5 p.m. to 10 p.m. at all of its 2,700 stores, according to the ... More About: Hold
Franchise Resale! Established Personal Fitness Training Franchise
2008-04-15 17:21:00 Established Personal Fitness Training Franchise ! This Personal Fitness Training Center has been in business for more than two years providing unique personalized fitness training for men and women ranging from twelve to ninety five years of age. In the privacy of individual suites, clients work with their own personal trainer on tailored training programs ...
Dunkin Donuts teams up with Fenway Sports
2008-04-14 23:19:00 Scott Van Voorhis writes in the Boston Herald As it expands nationally, Dunkin? Donuts is teaming up with a high-powered group of local sports marketers to bring in new customers. The Canton-based franchise has hired Fenway Sports Group to help devise a national sports marketing campaign. That could mean rolling out Dunkin? ads featuring sports stars ... More About: Dunkin Donuts , Teams
Landmark Dunkin? Donuts sign is retired
2008-04-14 08:55:00 Robert Preer reports on Boston.com that the last original Dunkin’ Donuts sign standing anywhere has been dismantled and is now in storage and facing an uncertain fate. The 1957 neon landmark, which towered over the intersection of Market and North Beacon streets in Brighton, was in poor condition with extensive rust. A backlighted fluorescent plexiglass ... More About: Dunkin Donuts , Sign , Landmark
Currito Opens at Logan Airport Terminal C
2008-04-12 16:31:00 Currito, Burritos without borders, opened this week at Logan Airport Terminal C. The pre-security food court at Terminal C is part of the Department of Transportation’s (DOT) Airport Concessions Disadvantaged Business Enterprise (ACDBE) program. The ACDBE program is designed to help small businesses, owned and controlled by socially and economically disadvantaged individuals, become self-sufficient and ... More About: Airport terminal
The Amended FTC Franchise Rule, from the Prospects Perspective
2008-04-12 14:59:00 After twelve years of review, on January 23, 2007, the Federal Trade Commission (FTC) issued amendments to its Franchise Rule , which had been in place since 1978. The phased in Amended Franchise Rule is mandatory as of July 1, 2008. The intent of the original and Amended Franchise Rule is to give prospective franchisees material ... More About: Perspective
FTC Receives AAFD Award for Distinguished Service
2008-04-11 15:25:00 The American Association of Franchisee and Dealers (AAFD) announced today that the Federal Trade Commission (FTC) has been chosen to receive the AAFD Total Quality Franchising Chairman’s Award for Distinguished Service and Achievement in the Franchising Community. FTC is Recognized for Distinguished Service and Achievement in the Franchising Community The Federal Trade Commission (FTC), has been ...
Unos Chicago Grill names new CFO
2008-04-09 22:10:00 Uno Restaurant Holdings Corp. a NEFA Member, has named Louie Psallidas senior vice president and chief financial officer. Psallidas will be responsible for all aspects of the company’s financial operations, including transactions related to enhancing capitalization and long-term company growth, according to a release from the Boston-based company. Previously, Psallidas was senior vice-president and ... More About: Chicago , Names , Grill
Dunkin? plans Tax Day donut giveaway
2008-04-08 02:42:00 Dunkin’ Donuts is offering customers a free donut on Tax Day, April 15th. The Canton, Mass.-based food chain said the donuts is free with the purchase of a cup of hot coffee. "We know Americans work hard for their money and this is our small way of showing our appreciation," said Frances Allen, Dunkin’ ... More About: Plans
US`Small Businesses Add 55,ooo Jobs in March!
2008-04-04 15:28:00 Private employment among small businesses increased by 55,000 in March , according to the ADP Small Business Report recently released. Additional information about small business employment, including charts on monthly job growth and employment levels, along with historical data, is available at http://www.smallbusinessreport.adp.com. “Employment among small-size businesses, defined as those with fewer than 50 workers, advanced ... More About: Jobs , Small Businesses , Businesses
Buying Sports Franchises: Investing For the Love of the Game
2008-04-04 15:05:00 Cali Zimmerman writes in NuWire Investor Article that professional sports teams owned by the likes of Paul Allen, George Steinbrenner and Jerry Jones are bought and sold for hundreds of millions of dollars. The Seattle SuperSonics were sold for $350 million in 2006 and the Boston Red Sox went for approximately $700 million in 2001, ... More About: Sports , Buying , Love , Investing , Game
UFood in franchisee agreement for 38 stores
2008-04-04 14:40:00 UFood Home Page, NEFA Home Page Member and a franchisor and operator of fast-casual food service restaurants and nutritional product retail stores, announced that the company has entered into a 38 store franchisee agreement with a franchise developer in the Rocky Mountain states of the USA. The company said that the franchisee has entered ... More About: Stores , Agreement
The Oys of summer
2008-04-03 16:57:00 Kosher dog vending machine debuts at Fenway Donna Goodison writes in the Boston Herald that Fenway Park?s top dog will have some new competition this season. The home of the Fenway Frank, which claims to sell more hot dogs than any other ballpark in the country, is adding a new option for Jewish fans who adhere ... More About: Summer
US Census Bureau Starts Surveying Franchises
2008-04-03 03:57:00 Don Sniegowski reports in BlueMauMau that the US Census Bureau will start surveying franchises in the 2007 Survey. After many years of various franchise leaders trying to persuade the Bureau to carry out a franchise survey, the U.S. Census Bureau has begun to ask whether business enterprises are part of franchised networks or not for ...
Egg McMuffin creator and McDonald?s franchisee Herb Petersen dies
2008-03-28 13:23:00 It is a sad week in breakfast history. Catherine Elsworth reported in the Telegraph.com.uk that the man who invented the Egg McMuffin and helped McDonald’s crack the breakfast market has died at the age of 89. Herb Petersen was working for the fast food chain in Santa Barbara, California, in 1972 when the head of the company, ... More About: Creator , Dies
Sign of the Times in Franchising
2008-03-24 13:17:00 The path to choosing the right business concept is often a long and arduous one. Just ask Todd and Bambi Stringham. Hilary Maynard reports in the Business Examiner that the Stringhams profiled more than 30 franchisors from across the nation before finding their business match in Maryland-based Sign s by Tomorrow. Both Todd and Bambi knew the ... More About: Times , The Times , Sign of the Times , Franchising
There is No Down Time with a Pirtek Franchise
2008-03-22 16:06:00 Joel Furfari writes in the Gwinnett Business Journal in an article titled, “Don’t get hosed” how on a typical construction site or in a factory, time is money. Broken machinery can derail a project’s schedule and send it way over budget. Mike McCarthy, president of Pirtek Norcross, says the culprit in such malfunctions is often a ... More About: Time , Franchise
An Insiders View on Why eBay Franchise Drop Stores Failed
2008-03-22 14:49:00 Scott Pooler, a former official eBay Trading Assistant, and a master franchise representative for an eBay drop store franchise chain weighs in on the subject of franchising and stand alone eBay drop stores in Trading Assistant Journal, a weblog that provides news and commentary for eBay consignment specialists. Scott’s experience on both sides of the fence ... More About: Ebay , Franchise , View , Stores , Insiders
To Franchise or Not to Franchise?
2008-03-19 12:59:00 Performance differences between corporate-owned and franchised hotels are slim to none, according to new research. Leah Sipher-Mann h Sipher-Mann writes in Michigan in the News that, for a company pondering the question, “To franchise or not to franchise?” new research from Michigan’s Ross School of Business suggests that performance differences between corporate-owned and franchised outlets, when ... More About: Franchise
Mr. Handyman Franchise Enlists Richard Karn as National Spokesperson
2008-03-14 03:24:00 Mr. Handyman, a national home repair and maintenance franchise and the world?s No. 1 employer of handymen worldwide, has just announced that television?s most famed handyman persona, Richard Karn, the competent and dryly humorous character Al Borland from ABC?s former sitcom ?Home Improvement,? has joined its ranks and will serve as the national spokesperson and ... More About: National , Franchise
New IFA research finds franchising grew more than 18% in 2001-2005
2008-03-12 23:32:00 Franchising expanded by more than 18% from 2001 to 2005, adding more than 140,000 new businesses and 1.2 million new jobs to the nation’s economy, International Franchise Association, (IFA) President and CEO Matthew Shay today announced during a press conference at the National Press Club in Washington, D.C. “The economic impact of franchising goes beyond the ... More About: Research , Franchising , Grew
Buying a Franchise with Micro Loans
2008-03-11 10:35:00 Kerry Miller writes in BusinessWeek that a microloan could be the answer for borrowers who have been turned down by traditional banks It’s true that it’s easier to get a bank loan to buy a franchise than it is to start your own business, but that doesn’t mean it’s easy?especially if you have less-than-perfect credit. But for ... More About: Buying , Loans , Franchise , Micro
SBA Loans: Easier Said Than Done
2008-03-08 19:51:00 Cali Zimmerman writes at NuWire Investor that preparation can ease the SBA small business loan process. U.S. Small Business Association (SBA) loans can be a great opportunity for entrepreneurs to finance small businesses and franchises. However, these loans may prove more difficult to get than many applicants think. Borrowers planning to apply for Loan Description” ... More About: Loans
Small Businesses Add 15,000 Jobs in February
2008-03-07 02:24:00 According to the ADP Small Business Report which was released today, private employment among small businesses increased by 15,000 in February . Total small business employment: +15,000 Goods-producing sector: -20,000 small business jobs Service-providing sector: +35,000 small business jobs Additional information about small business employment, including charts on monthly job growth and employment levels, along with historical data, is available ... More About: Jobs , Small Businesses , Businesses
Franchise systems that train extensively help keep franchisees afloat, stud
2008-03-07 01:41:00 Jan Dennis, Business & Law Editor of News Bureau, reports that a new study co-written by Steve Michael a professor of business administration in the University of Illinois at Urbana-Champaign reveals that fast-food restaurants and other chain outlets are less likely to fail when super-sized training programs prepare fledgling owners for the challenges ahead. Advance, in-depth ... More About: Train , Franchise , Systems
Franchisee Buying Advice: Make Pancakes!
2008-03-06 03:31:00 I found this article by Eric Stites of Franchise Business Review makes a good analogy between Bizquick and franchising. The reality is that not all franchises are created equal! You need to investigate and validate! Make Pancakes ! Business and pancakes have a lot in common. And franchising has done for business, what Bisquik® did for pancakes: took ... More About: Advice , Buying
Strategies to Expand Your Franchise Concept
More articles from this author:2008-03-05 14:38:00 David Klein in QSR Magazine identifies: Five key strategies to attract bank financing and franchisees. With many franchise concepts looking to expand, banks will be selective about which business models to finance. And potential franchise buyers will be attracted to franchisors who offer the best opportunity to operate a profitable business. For the franchisor looking to expand, ... More About: Strategies , Franchise , Concept 1, 2, 3, 4, 5, 6, 7 |
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