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Too often, franchise owners lack the cash flow needed to act fast enough to capitalize on an opportunity. As a result, franchisees are forced to sit back and watch others take advantage of the situation.
  • Thomas Epstein
  • 4,012 Reads 5 Shares
Let there be no misunderstanding: financial performance representations (formerly referred to as "earnings claims" and referred to below as "FPRs") are powerful tools in the franchise sales process.
  • Rupert M. Barkoff
  • 3,702 Reads 7 Shares
Bernie Howard is betting his 401(k) that his new franchise business will set him up better over the long-term than his 23-year career in the automotive industry.
  • The Grand Rapids Press
  • 2,573 Reads
Local governments and video providers should find out by Nov. 3 if a Louisiana state court judge will accept language in the state's new franchising law that allows incumbent operators to opt out of current local contracts.
  • Multichannel News
  • 3,072 Reads 14 Shares
The current economic climate remains high in the minds of both state Senate candidates for District 14. Democrat Bob Williams and Republican Gary Howell are both vying for the seat that would represent Barbour, Mineral, Preston, Taylor and Tucker counties as well as part of Grant and Monongalia counties.
  • Cumberland Times-News
  • 3,174 Reads 1 Shares
  • 2,072 Reads 76 Shares
The Mexican Association of Franchises is a dedicated organization to diffuse, to promote and to develop the most successful figure of business of the world in Mexico.
  • 1,739 Reads 12 Shares
The Franchise Council of Australia is the industry representative body for the Australian franchise sector.
  • 5,294 Reads
Franchise Update Media Group, the leading industry resource for franchise development, today announced the winners of its annual STAR (Speaking To And Responding) Awards. The awards recognize excellence in lead generation, recruitment and industry-wide best practices in the franchise industry.
  • Press Release
  • 8,801 Reads 10 Shares
The British Franchise Association is the voluntary self regulating governing body for franchising.
  • 17,122 Reads
Jersey Mike's Subs
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The Canadian Franchise Association represents over 400 franchise companies and the professionals who support this way of doing business.
  • 2,173 Reads 6 Shares
Franchising and Licensing Association - Singapore (FLA) was established in 1993 with the mission to nurture and develop Singapore's franchise industry.
  • 2,961 Reads 34 Shares
The Romanian Franchise Association (ARF) is a non-profit organization established in early 2006.
  • 2,010 Reads 24 Shares
Franchise Association of Southern Africa's (FASA) primary role is to define the business of franchising and ensure that all parties adhere to the franchise business principles adopted and accepted internationally.
  • 1,720 Reads 13 Shares
The Macau International Trade an Investment Fair (MIF) has come to an end after a four-day event in which numerous international conferences were organised, as well as trade and economic related seminars and presentations.
  • Macau Daily Times
  • 2,658 Reads
The franchise industry here is on a roll and is projected to create 14,400 jobs by 2013. That estimate from the Franchising and Licensing Association (FLA) was announced by Ms Indranee Rajah, Deputy Speaker of Parliament, yesterday.
  • AsiaOne
  • 2,439 Reads 3 Shares
David Ostrowe is a man on a mission--or 20. First, he says he's really working hard to be a great dad. "It's important to me to be the 'Jolly Green Giant' to my daughter, so I'm really working at it," he says.
  • Debbie Selinsky
  • 12,114 Reads 153 Shares
In today's uncertain economy, sales pros gain the edge by moving into their prospect's world. They probe, read, adapt, and outsell their competition by fully understanding and responding to how their candidates think and behave. Here are selling insights that may help increase your recruiting success.
  • Franchise Update Magazine
  • 4,076 Reads 4 Shares
The official representative of China Chain Retail Industry with 1000 members.
  • 3,140 Reads 6 Shares
Franchise Update Media Group, the leading industry resource for franchise development, today announced the 2009 Annual Franchise Development Report (AFDR), which identifies the latest sales and marketing industry intelligence, including top lead-generation sources and sales trends. The report is based on a survey of 148 franchisors representing 57,000 units.
  • Press Release
  • 4,545 Reads 2 Shares
Subway
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IN TOUGH economic times, franchises are a relatively safe way of doing business. This is evident in the 2008 Standard Bank Franchise Factor survey, which showed that only about 3 percent of franchises fail, whereas the percentage of failed start-up businesses is much higher.
  • The Times, South Africa
  • 2,499 Reads 7 Shares
Salt Lake City businessman Paul Hitzelberger was one of the owners of Del Taco for about 16 years. He'd also been a senior officer with General Mills and other large companies before retiring from Del Taco corporate in 2001.
  • Debbie Selinsky
  • 7,096 Reads 204 Shares
The Area Developer 2008 Multi-Unit Franchise Conference in Scottsdale earlier this year offered a vibrant kaleidoscope of franchise veterans gathered to share best practices. During the conference I had several discussions with franchisors that had used area representatives and area developers as an expansion strategy with varying degrees of success.
  • Marvin Storm
  • 3,917 Reads 1 Shares
The news reports that franchise lender GE Capital was halting new lending to potential restaurant franchisees was just another bit of bad news for operators feeling the fallout from the Wall Street meltdown.
  • Fast Casual
  • 3,679 Reads 3 Shares
As I write this, uncertainty crashes all around us like a violent hurricane. Now is the time to bolster your sales and marketing plans and get ready for disaster business planning. Lehman Brothers went under, Merrill Lynch was picked up in a fire sale by Bank of America and AIG needed government assistance to stay afloat.
  • Entrepreneur.com
  • 3,405 Reads 4 Shares
Franchisors say they are preparing for the inevitable economic downturn by cutting costs and reviewing spending, but argue they are better suited to survive than other small businesses.
  • SmartCompany.com.au
  • 2,336 Reads 10 Shares
As the credit crisis and the economic downturn begin to bite on Main Street America, restaurant row is in for a shake-up. For the first time in nearly two decades, the $550 billion restaurant industry has suffered stagnant sales this year, creating painful cash-flow problems for restaurateurs who can't get credit lines to cover investment and operating costs even as food and labor costs have risen sharply. That's made it harder for chains and independent eateries alike to upgrade equipment, hire new staff and renovate facilities. "The credit crisis is having a devastating effect on nearly every segment of the industry," says Aaron Allen, CEO of the Quantified Marketing Group, an international restaurant-consulting firm. "This is the death knell for a number of restaurant chains."
  • Time Magazine
  • 3,336 Reads 26 Shares
Franchise companies, facing what many say is the toughest economic environment they've seen, are offering two-for-one deals, reduced fees and financing help to woo new buyers. They are also paying existing franchisees to help spread the word.
  • THE WALL STREET JOURNAL
  • 3,158 Reads 3 Shares
As the economy slows, companies are being forced to make tough decisions such as cutting costs and even staff. These decisions can undermine your brand if you don't take steps to protect it.
  • SmartCompany.com.au
  • 2,323 Reads 1 Shares
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