New Brunswick Feature Articles

New Brunswick Feature Articles

Looking for a franchise opportunity in New Brunswick? Whether you're a first-time business owner or a seasoned entrepreneur, New Brunswick offers exciting potential for franchise success. From food and beverage to retail and services, the diverse economic landscape in New Brunswick is ripe for franchise opportunities. Explore the best franchise options today and take the next step toward business ownership in New Brunswick.

Informative articles to support business buyers, franchisees, and franchisors in New Brunswick.

Franchise Update Media Group, the leading industry resource for franchise development, announces that registration is now open for the 10th Annual Franchise Leadership & Development Conference, which will be held at The Drake Hotel in Chicago, Sept. 24-26, 2008. The theme for this year is "Driving Performance in Tough Times."
  • Press Release
  • 3,193 Reads 3 Shares
Say you're purchasing some delicious tropical fruits from a street vendor, only to discover that you have no small bills. You probably will receive a smile and a "mai pen rai" along with your snack and a sizable wad of 20 baht notes. An employee arrives at an important meeting 45 minutes late. If the other attendees notice the straggler's tardiness at all, they are likely to dismiss it with "mai pen rai" and continue their discussion.
  • Brian Clark
  • 6,304 Reads
Think of it as hoses-to-go. A broken hose can spell disaster for many businesses. A machine breakdown at a job site or factory can cause work to grind to a halt. And sometimes it can take days or weeks until the proper replacement hose can be obtained and the machines repaired. In purely economic terms, a $20 broken hose can bring a $3 million crane to a standstill - not to mention the paid employees who are idly standing by.
  • Kerry Pipes
  • 5,560 Reads 1,014 Shares
In our last article we explained how to perform a country ranking analysis. In a recently completed engagement, management indicated that a number of revolutionary learnings occurred as a result of our analysis and that those learnings have radically impacted the company's expansion plans.
  • Todd Anders
  • 3,997 Reads
Franchisees aren't the only ones with more than one brand these days. Increasingly, franchisors are getting into the act as they see the value in selling multiple brands from under one corporate roof.
  • Eddy Goldberg
  • 4,257 Reads 1 Shares
As "newbie" franchise companies decide on strategies to grow their systems, they have three choices:
  • Marvin Storm
  • 4,826 Reads 1 Shares
When you see Dunkin' Donuts, Choice Hotels, and Supercuts landing the big deals, the question is, "Why can't I?" How can you attract these mega franchisees? How do they shop for additional concepts? What turns them on? What scares them off?
  • Steve Olson
  • 3,666 Reads 5 Shares
Over the last year or so, the folks at Franchise Update have started to spot some curious trends around young people entering the franchise community.
  • Jennifer Kushell
  • 5,903 Reads
Every year thousands of franchise companies pour money and other precious resources into lead generation and sales with varying degrees of success. But few rise to the top.
  • Kerry Pipes
  • 4,317 Reads 34 Shares
In taking various licensed concepts to some 70 countries, we have seen numerous approaches to how licensors evaluate new countries. These approaches can be classified into three basic categories: the reactive approach, the shotgun approach and the predictive approach. In general, these three approaches can be described as follows...
  • Kevin Ainsworth and Todd Anders
  • 3,872 Reads 9 Shares
In franchising, no one has to be reminded of the importance of making deals and signing fabulous new franchisees. But unless you actually open new units, inking the deal is only part of the story. This important distinction--between units sold and units opened--led us to examine six franchises that grew by more than 100 units between 2005 and 2006 and ask them how they did it.
  • Debbie Selinsky
  • 4,236 Reads 25 Shares
The Human Bean
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For over a quarter of a century, I have been a critic of the United States' franchise sales regulation system.
  • Rupert Barkoff
  • 3,615 Reads 3 Shares
Let's hope we're already well into a recession. Historically, that's been a good time for franchise sales. But before you start shopping for that new boat, the pain will continue for many brands. But not all.
  • Eddy Goldberg
  • 4,028 Reads 5 Shares
Kahala Corp. moves fast. When we first spoke with Chris Prasifka in late March, he was executive vice president to the CEO. Two weeks later he was president of Kahala Franchise Corp.--and charged with leading the franchisor and its 13 brands from 4,600 units to 10,000 units by the end of 2010 (an average of 170 units every month for 32 months).
  • Eddy Goldberg
  • 5,363 Reads 133 Shares
What a great time to be in the franchise development business! We have the advantage of an election year, talk of recession, high interest rates, poor housing starts, and rising unemployment rates.
  • Marc Kiekenapp
  • 3,256 Reads 31 Shares
At PuroSystems, the vice president of franchise development has an advantage his peers would envy--if they knew it existed: he can listen in live on a franchise sales call, privately offering advice and feedback to his salesperson as the discussion unfolds.
  • John Carroll
  • 3,434 Reads 37 Shares
Running a racquet and health club is a time-consuming business and one that Bruce Forsythe knew quite a bit about. He'd been running one with his partners in Long Island, N.Y. for about 14 years when the team decided to turn one of their former tennis court areas into a second -- and different -- business endeavor.
  • Kerry Pipes
  • 2,602 Reads 58 Shares
The past decade saw an acceptance by the Romanian market of the Western concepts of doing business, a new perception of the value of brands and the creation of an entirely new market - the one for franchisers. Seven years have passed since Romania enacted a franchise law. During this period, the market has evolved, and the pioneering period in franchising during which major companies entered the market only for market testing - first performing distribution operations (Coca Cola) or establishing a subsidiary (McDonald's) and only afterwards developing their franchise concepts - has come to an end. Indeed, 60 of the 107 franchises currently operating in Romania have been established during the last two years.
  • Roxana Negutu
  • 6,185 Reads 1 Shares
When Lino DeFeo bought a Sign-A-Rama franchise in West Palm Beach, Fla., he didn't know much about signs. That was about 15 years ago. DeFeo had sold his trucking business in Manhattan and moved to Florida with his wife Maria and their two young children to join a family business. But that didn't work out exactly as planned. "I got out before we totally killed each other," he says with a laugh.
  • Eddy Goldberg
  • 9,298 Reads 1,014 Shares
Motherhood is one of the toughest jobs in the world - just ask any mom. It's often thankless, seems endless, and certainly lacks much worldly prestige. Life for mom can be even more challenging if she desires to work outside the home to boot. There are, after all, limited choices beyond the full-time job and requisite daycare for the kids. In a month where we stop for a day (May 11) to recognize all that mom does, it's interesting to note that more and more moms are finding a place at home and in franchising. Moms like Liz Norwood in Denver, Colo.
  • Kerry Pipes
  • 3,251 Reads
Elaine Stroman was making great money. She had spent the better part of two decades working as a mortgage banking consultant helping people buy and renovate brownstones in old New York City neighborhoods such as Harlem. She worked on 100 percent commission and was completely in charge of every penny she earned.
  • Kerry Pipes
  • 2,061 Reads 5 Shares
Subway
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Mike Ghaida lives in a million-dollar house in a quiet suburb in New Jersey with his wife and three sons, and $300,000 worth of cars in his driveway. It wasn't always this way for the 41-year-old Ghaida, who came to the U.S. from Lebanon at 17 to study English and architecture at LSU.
  • Eddy Goldberg
  • 22,843 Reads 355 Shares
Bill Dalton owned eight Grease Monkey franchises in the Seattle metro area. Today he owns one--a five-month-old, state-of-the-art facility in his home of Montgomery, Texas.
  • Eddy Goldberg
  • 5,487 Reads 1,014 Shares
The former Soviet Union was a frightening frontier for expanding businesses in the early- to mid-1990s. The former communist country was experiencing growing pains as it left behind decades of closed existence and began embracing a new economy built around more of a free market-based environment. And it was just this setting that Jake Weinstock and Paul Kuebler dived into headfirst.
  • Kerry Pipes
  • 7,923 Reads 1,014 Shares
Even 10,000-unit gorillas have an Achilles' heel. For Curves, the number-one women's fitness and weight loss franchise, its own success is now biting it in the ankle. Competitors of all sizes and shapes have sprung up, offering women an ever-increasing array of options for losing weight and staying fit.
  • Eddy Goldberg
  • 3,316 Reads 117 Shares
In today's business environment, the mystery shopper - the person who pretends to be a customer or potential client while noting every conceivable plus and minus of their shopping or consumer experience - is a fact of life.
  • Debbie Selinsky
  • 3,871 Reads 19 Shares
Brian Wigutow had always dreamed of operating his own restaurant. But after more than a dozen years in the industry he realized that for him -- and his family, which includes three young daughters -- it was just not going to be the right career choice. That's when he turned to a franchise broker and discovered, to his surprise, one of the franchise matches that best suited him…Handyman Matters.
  • Kerry Pipes
  • 2,661 Reads
Five careers. That's how 65-year-old Charles Smithgall, III, categorizes his business life. And that's not even including his service in the military. Or rustling cattle on Canadian ranches as a young man in the late 1960s.
  • Area Developer Magazine
  • 5,904 Reads 1 Shares
Earlier this year, a franchise magazine that shall remain nameless here focused upon the issue of "cleavage in the marketplace" - a subject no man in his right mind would ever touch. However, I found it interesting that this subject had garnered discussion in one of the leading publications on franchising, or for that matter, in any reputable publication.
  • Rupert M. Barkoff
  • 3,344 Reads 1 Shares
Most people would trade their day job anytime for Bob Stucker's problem a few years back: "I retired too young."
  • Kerry Pipes & Eddy Goldberg
  • 4,891 Reads 11 Shares

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