Franchise Update Media
Franchise Update Media Digital
Publications
Conferences Education Videos Subscribe
Advertise

RSS Subscribe
Trends

Feature Story:

More Data Supports Positive Economic Impact Of Franchising »

Multi-Unit Franchisee

Two new reports highlight job growth and economic output generated by the franchise industry. The first report, "National Franchise Report: Two Year Review," was presented during a press event at the International Franchise Expo in New York last month. At the same event, officials revealed findings of the mid-year Franchise Business Economic Forecast. Both reports offer glowing analysis of the franchise business marketplace.
ADP's first National Franchise Report: Two Year Review emphasizes that the franchise industry remains strong, despite headwinds. The report analyzed two years of data about job creation and economic output generated by the franchising industry. In its analysis, ADP found that since the financial crisis of 2008, small companies such as franchisees (with 1-49 employees) increased employment at a faster rate than mid- or large-size companies...

Feature Story:

Groups Unite To Battle Discriminatory Wage Hike Efforts In New York »

Multi-Unit Franchisee

The Coalition to Save New York Restaurants is a brand new organization that joins the International Franchise Association (IFA), the National Restaurant Association (NRA), and the New York State Restaurant Association (NYSRA) in a concerted effort to fight discriminatory and mandated wage hikes throughout the state. A statement issued during the recent IFE Convention in New York says the Coalition was established to combat discrimination against the quick-service food industry in New York State, which is considering mandating a minimum wage increase for quick-serve food restaurants only.

"The Coalition to Save New York Restaurants will aggressively fight Governor Cuomo's politically-motivated decision to discriminate against local franchise small business owners for a wage hike, simply to satisfy the request of the Service Employees International Union (SEIU)," said IFA President & CEO Steve Caldeira, CFE...

Feature Story:

IFA Launches New Campaign To Highlight Franchising's Positive Economic Impact »

Multi-Unit Franchisee

Franchising has for decades made a positive and significant impact on the overall economy. The business model provides opportunities for entrepreneurs, jobs for individuals, and a boost to local economies everywhere. Later this week, the IFA will launch its new public affairs campaign at the International Franchise Expo (IFE) in New York City.
The campaign is the next phase of IFA's comprehensive effort to highlight the benefits of franchising and the positive economic contributions of the industry. ADP Research Institute will also present its latest National Franchise Report during a press conference to kick off the Expo. The report captures two years of job creation and economic output generated by the franchising industry.
More than 20,000 attendees and 450 exhibitors are expected at this year's Expo...

Feature Story:

Franchise Businesses Set The Pace »

Multi-Unit Franchisee

Franchising businesses continue to outpace the rest of the economy, according to the mid-year forecast update of The Franchise Business Economic Outlook: 2015. The report released last week by the International Franchise Association Educational Foundation and IHS Economics, finds franchising remains on track to outperform the U.S. economy for the fifth consecutive year.
While the forecast of U.S. GDP has been revised downward and now shows growth of only 3.4 percent increase in nominal dollars in 2015 for the overall economy, IHS expects the Gross Domestic Product of the franchise sector in nominal dollars to increase by 5.2 percent to $521 billion in 2015.
"Local franchise small businesses continue to grow at a faster pace, creating more jobs for Americans and producing higher sales growth than other businesses," said IFA President & CEO Steve Caldeira...

Feature Story:

Report Says Overtime Rules Would Hurt Businesses »

Multi-Unit Franchisee

Retailers like franchisees could be saddled with millions of dollars in added costs if federal overtime regulations are revised, according to a new report by the National Retail Federation (NRF). What's more, the rules could also adversely affect working Americans.
The report, Rethinking Overtime, finds the Obama Administration's plan to revise federal overtime regulations would likely "hollow out" low- and mid-level management positions in the restaurant and retail industries and result in a shift toward more hourly and part-time workers. The report says that the proposal could cost retailers millions of dollars in added costs and would disproportionally impact retailers operating in rural states.
"This is a workplace regulation with massive hidden costs," says NRF Senior Vice President for Government Relations David French...

Feature Story:

IFA Claims SEIU "Manufacturing A Crisis" In Franchising »

Multi-Unit Franchisee

The IFA's President & CEO Steve Caldeira is calling foul over a 33-page petition just filed by the Service Employees International Union (SEIU) with the Federal Trade Commission. The union is asking the government to investigate alleged abuses by franchisors against franchisees and develop reforms for the franchise industry.
"Once again, the Service Employees International Union is manufacturing a crisis as part of its increasingly expensive public relations campaign, now estimated to be more than $33 million, to destroy the time-tested franchise model in order to fill its own depleted membership," said Caldeira. "America's 780,000 franchises make significant contributions to the U.S. economy, growing faster than the U.S. economy for five consecutive years and employ nearly 8...

Feature Story:

IFA Opposes Damaging California Franchise Legislation »

Multi-Unit Franchisee

A bill making its way through the California State Assembly would undermine existing business contracts between franchisors and franchisees, says IFA President & CEO Steve Caldeira. The IFA opposes the bill and issued a statement saying Assembly Bill 525 would create untested new statutory language that will lead to costly litigation and hinder future franchise development for an industry that has outpaced overall economic growth for five years since the recession.
"In keeping with the spirit of Governor Brown's veto message last year on this matter, the International Franchise Association has been working in good faith with Assemblyman Holden (D-CA-41) to reach a consensus on a number of outstanding contractual issues between franchisees and franchisors...

Feature Story:

2015: Year Of The Franchisee? »

By Darrell Johnson

On many levels, 2014 was a tumultuous year for the franchise business model.
First, a quick overview. Franchising is regulated at the federal level, and 15 states have specific registration and approval requirements--yet we entered the year with 19 ongoing or new state legislative initiatives involving franchising; several city councils also got into the act. Back in D.C., the NLRB piled on with additional efforts to alter the franchise business model, and the SBA is re-evaluating how it defines "affiliation" standards for franchise brand SBA-guaranteed lending eligibility. Some of these actions have been challenged in the courts; others will be in the near future.
The motivations for all these efforts are varied and generally political in nature...

Feature Story:

IFA Calls Labor Union Report Flawed »

Multi-Unit Franchisee

The way the IFA sees it, franchisees are highly satisfied, renew their contracts at an extremely high rate, and are part of a wave of franchise industry growth that is moving faster than the rest of the economy. And they have the data to prove it.
In a news release, the IFA has responded to a new report out by the Service Employees International Union (SEIU). The IFA and its franchisee members dispute the SEIU report, question its validity and its motivations, while offering evidence that franchising is a thriving, widely-accepted and robust part of the American economy.
"The SEIU is so desperate to lend credibility in its fledging effort to convince government officials to help it unionize franchise workers that it has ginned up a report that grossly misrepresents attitudes toward franchising," said IFA President & CEO Steve Caldeira, CFE...

Feature Story:

Multi-Unit Franchisee 'Strategies For Growth' Collection Available »

Multi-Unit Franchisee

Multi-unit franchisees who are looking to gain an edge on their competition have a new resource at their disposal. Franchise Update's Franchise Learning Academy has just released its "Strategies For Growth" Collection, a series of 14 video seminars, covering more than 20 hours of programming, and providing access to the insights, experience, and success stories of more than 40 multi-unit and multi-brand franchisees and franchising professionals.
The timely and topical information found on the videos comes straight from many of today's top multi-unit franchisees who have been there, done it, and successfully lived to tell the tale. Their invaluable advice can provide tips and insight for taking your business to the next level. All video seminars were produced at Franchise Update's Annual Multi-Unit Franchising Conferences in 2014 and 2015...

Feature Story:

IFA And Franchisees Oppose California Franchise Bill »

Multi-Unit Franchisee

A California franchise bill is threatening the livelihood of the state's franchisees who would face additional and unnecessary regulations if Assembly Bill 525 is passed. The IFA and franchisees in the state are urging lawmakers to oppose the bill.
"The unintended consequences of this bill would dramatically change the franchise relationship between franchisors and franchisees and we have serious concerns about some of the provisions included in the bill, particularly those that introduce vague and ambiguous language into the enforceability of franchise contracts which will ultimately lead to increased, unnecessary and costly litigation," says IFA President & CEO Steve Caldeira, CFE. "The last thing we need is further government intervention into an industry that has proven itself as a steady job creator and bastion of small business ownership throughout the state...

Feature Story:

Survey Finds Government Proposal Would Impact Middle Management »

Multi-Unit Franchisee

The Obama administration is proposing to expand overtime and redefine what it means to be a retail or restaurant manager. The move could affect the career paths of many employees and undermine the quality of customer service they are able to provide, according to a new survey conducted for the National Retail Federation.
"The administration is singling out the service economy, specifically restaurants and retailers, with these new overtime regulations," says NRF Senior Vice President for Government Relations David French. "The proposed Labor Department regulations will hinder the career paths of millions of American workers, restrict the duties a manager can perform while working, impact the customer experience, and add lots of paperwork and bureaucracy to the job description...

Feature Story:

Melting Pot Launches New Recruiting Incentive Program »

Multi-Unit Franchisee

The Melting Pot is looking to reopen some franchise locations and it has created a new incentive to help recruit qualified restaurant operators. The new program will provide financing to those who sign a franchise agreement to purchase an existing Melting Pot location in select markets across the country, starting with Chattanooga and Memphis.
Under the guidelines of its new "Path to Grow" program, approved restaurant operators can inject as little as 5 percent liquidity into the purchase of the restaurant to partner with the franchisor, who would provide the financing. In exchange, the franchisor would initially assume 51 percent ownership of the restaurant under the conditions that the operating franchisee agrees to pay back the initial loan within three years of signing the franchise agreement...

Feature Story:

Fresh CREAM Deal Coming To Florida »

Multi-Unit Franchisee

The cold rush is coming to Florida. The Sunshine State will be the location of more than 30 new shops of the San Francisco-based dessert franchise CREAM over the next 7 years. The franchise specializes in premium ice cream sandwiches and other frosty treats.
The new agreement marks CREAM's largest and most significant franchising announcement since launching its franchise opportunity in 2012, and will develop stores starting in South Florida before moving towards West Florida and beyond.
"There's definitely a lot of excitement around the brand," says CREAM president and COO Jim Ryan. "We are very excited to have over 30 units available to entrepreneurs in Florida and to make our East Coast debut."
The initial deal was inked with Armando Martinez Stone, who discovered the brand while participating in his High School DECA program in which participants were given the challenge to outline a plan to improve a company's national and international success...

Feature Story:

IFA Appeals To Stop Seattle's Discrimination Against Franchise Business Owners »

Multi-Unit Franchisee

Franchisees in Seattle have the International Franchise Association (IFA) on their side. The group is appealing a recent decision in federal court that allows the city of Seattle to discriminate against small franchised businesses as part of the city's 2014 minimum wage law. The IFA sought a preliminary injunction, which was denied by U.S. District Judge Richard A. Jones court in mid-March.
The IFA and five Seattle franchisees have given notice that they will appeal Judge Jones' decision to the United States Court of Appeals for the Ninth Circuit. The original lawsuit filed in June 2014 requested fair treatment for franchises under the law, which treats them as large, national companies, rather than the small, locally-owned businesses...

Feature Story:

Fastsigns Franchisee Advocates For Industry At U.S. Chamber Event »

Multi-Unit Franchisee

Fastsigns franchisee Clint Ehlers is taking a stand in support of the franchise industry at this week's U.S. Chamber of Commerce event, "The National Labor Relations Board (NLRB) and the Joint-Employer Standard: New Interpretations, New Liabilities and the Impact on Other Statutes."
Ehlers owns and operates Fastsigns locations in Lancaster and Willow Grove, PA. This isn't his first time to speak up about the issue. He previously took a stance against the ruling in an appearance on September 9, 2014, testifying before Congress against the "joint employer" decision, with Catherine Monson, CEO of Fastsigns International.
As a pervasively critical issue within the franchise industry--among franchisors, franchisees, and employees alike--the NLRB's ruling on the Joint-Employment Standard will be addressed by Ehlers at the March 20th event, including the threat to locally-owned and operated franchise businesses across the nation that provide incredible value to communities by providing jobs, products/services, and sales tax revenue...

Feature Story:

Georgia Franchisees Are Back To Fazoli's »

Multi-Unit Franchisee

Allen Peake and Mike Chumbley are the powers behind C&P Restaurant Company, a Macon, Georgia-based company that operates Captain D's and Cheddar's locations. The duo has just inked a deal for six Fazoli's restaurants in Georgia and South Carolina.
The new deal brings Peake and Chumbley back to Fazoli's. As executives and minority owners of RMS Family Restaurants - where they worked together for 15 years - they previously operated 12 Fazoli's in Florida, Georgia, and South Carolina. RMS sold its Fazoli's restaurants in 2000; they eventually were closed.
Under the new agreement, C&P Restaurant Company plans to open Fazoli's restaurants in Macon, Warner Robins, Athens, Augusta, Columbus, and Savannah.
"We always knew that we wanted to again be part of Fazoli's, and now the timing is right," says Peake...

Feature Story:

Cybersecurity Tips For Small Business Operators »

By Darren Guccione

From Target and Home Depot, to Apple's iCloud, Sony, and Anthem, it seems there's a new security breach announced every other week. Polls indicate that 50 percent of small- to medium-sized businesses believe they are immune to targeted cyber-attacks because criminals are more focused on large corporations. The reality is these companies are easy targets because they don't invest in new tools to defend against today's new breed of cyber attacks.  All companies, regardless of their size, are at risk.
Older, traditional security solutions are based on technologies that rely on knowing something about the attack, such as the vulnerability targeted, the malware used, or the reputation of the email sender. These tools may block basic known malware, but they are incapable of identifying today's dynamic, multi-vector, multi-stage attacks...

Feature Story:

NLRB Ruling Hits Home With Husband And Wife Franchisee »

By Djenane Bartholomew

Every day my husband and I make decisions that affect the lives of 450 people and their families. It's a lot of responsibility but above all a labor of love. It is all part of being local franchise owners and living our American dream. The franchise model has been a gateway for millions of people over the years to achieve small business ownership, many of them from racial or ethnic minority groups. It is important to not only preserve, but to strengthen this business model.
My husband came from Grenada and worked for the UPS for over 20 years. As a young man, he had the foresight to invest in a property in Brooklyn that grew in value over the years. Blessed with some money when we sold it, we considered how to invest our good fortune into a new livelihood and soon discovered that franchising was the way to go for us...

Feature Story:

Collaborate, Communicate, Grow: Franchise Relations Come To The Fore »

By Eddy Goldberg

Franchise relations are in the midst of powerful, fundamental change. Driven by the maturity of franchising, the rise of large multi-unit operators, the after-effects of the recession, and, most recently, external regulatory and political threats to the franchise model itself, franchisors and franchisees are working together more than ever before--and looking for ways to do it better.
In our conversations with multi-unit franchisees and franchisors, we found three overriding themes: collaboration, communication, and having a structure in place to facilitate them. Here's how some are working together for mutual gain.

Collaboration
In his 35 years in franchising as a franchisee of Great American Cookies, Doc Cohen has seen the brand trade hands from its founders to a private equity firm, sold to its chief competitor, and then sold twice more to private equity firms...



Hot Opportunities

Archadeck Franchise Opportunity

Archadeck
Archadeck is proud to be North America's leading designer and builder of...

Request Information
Minuteman Press International Franchise Opportunity

Minuteman Press International
Minuteman Press has been the leader in the printing & graphics...

Add
Oxi Fresh Franchise Opportunity

Oxi Fresh
OXI FRESH is a GREEN Carpet Cleaning Franchise and one of Entrepreneur's...

Add
Buffalo Wings & Rings Franchise Opportunity

Buffalo Wings & Rings
Buffalo Wings & Rings is a restaurant brand where everyone is a VIP,...

Add
Doc Popcorn Franchise Opportunity

Doc Popcorn
Doc Popcorn is revolutionizing the way people snack in high-traffic...

Add
Bricks 4 Kidz Franchise Opportunity

Bricks 4 Kidz
Bricks 4 Kidz provides project-based programs designed to teach principles...

Add
Papa Murphy's Take 'N' Bake Pizza Franchise Opportunity

Papa Murphy's Take 'N' Bake Pizza
The world's largest, fastest growing Take 'N' Bake pizza franchise is...

Add
Jimmy John's Gourmet Sandwich Shops Franchise Opportunity

Jimmy John's Gourmet Sandwich Shops
Jimmy John's franchise success is built upon an unyielding commitment to...

Add

The Franchise Buzz:


A Franchise Update Media Group Production Franchise Update Media Group | P.O. Box 20547 // San Jose, CA 95160 // PH. (408) 402-5681
Copyright © 2001 - 2015. All Rights Reserved. Site Hosting Provided By: wishVPS on FUMG3
0
Your Request List:
No Opportunities Saved