Monday, March 31, 2008
Private Investigations Franchise To Exhibit At The International Franchise Expo
If you have executive and management experience and business savvy and people skills, L&W Investigations is actively pursues franchisee candidates with this expertise. L&W Investigations, the foremost private investigations franchise specializing in insurance fraud. The franchise will be exhibiting at the 17th International Franchise Expo (IFE), sponsored by the International Franchise Association (IFA), at the Washington Convention Center in Washington, DC April 11-13, 2008. Accoring to this article, "L&W Investigations offers a franchise opportunity like no other here at the IFE show""a private investigations firm specializing in insurance fraud," said Steve Butler, franchise owner, L&W Los Angeles. "Besides being a unique franchise offering, you don"™t need a day of experience in private investigations to be successful. I know in my own case, the skills I used in my career as an HR executive are a perfect fit in running my franchise and I know other people with sales and management experience can also look at L&W and see a great fit for the experience and skills they bring to the table."
Sunday, March 30, 2008
Are School Unforms A Good Arizona Franchising Opportunity?
Yet another Arizona School has taken the plunge in adopting a school uniform policy. Mesa Junior High tried to adopt the mandatory uniforms measure three times in the past four years in an effort to curb teen crime and behavior problems. School board members have finally approved the measure which will require these Arizona students to begin wearing uniforms next school year. According to this article, Mesa Junior Principal Cathy McDaniel wrote to the board, "We believe this will decrease our number of behavior referrals, particularly dress code and gang activity." We wonder if this could be a good franchising opportunity for Arizona mom and pop small businesses. According to this article, "entrepreneurs Brian and Jamey Elrod started franchising their school uniform stores five years ago, they have gotten pretty good at it." The husband and wife team have decided to take their business success to the next level "by offering small, mom-and-pop operations the chance to buy into Educational Outfitters." If the school uniform trend continues in Arizona, this may be potential franchising opportunity here. (Though currently, " Only five neighborhood elementary schools out of 58 require them: Longfellow, Lowell, Lincoln, Holmes and Eisenhower. ") Brian and Jamey Elrod's franchising company, Educational Outfitters Franchising LLC, just completed its first conversion franchise in Louisville, Ky. "The cost to convert a store will vary, but Mr. Elrod said the average amount would be about $25,000 total, including the franchise fee and other things like signs and updating computer systems." John and Wanda Clark own a school uniform franchise in Chattanooga, TN. They opened a second franchise last year "this time taking the concept into what Mr. Clark said was a new and fast-growing market, Huntsville, Ala. Mr. Clark, who worked in the textile and apparel industries before he and his wife opened their Educational Outfitters store on Gunbarrel Road, said the couple has found great success with the franchise."
Labels:
Arizona Franchise,
Economic Trends,
Franchising
Saturday, March 29, 2008
Growing California Service Franchises offer Popular Franchising Opportunities in Tough Economy
Local California franchise consultant Cheri Carroll believes that a tough economic period may be the best time to consider owning a service franchise. According to this article, "One factor in franchise choices is home equity — how many new franchisees financed their businesses in the past, she says. Since equity loans aren’t as available or as generous as they once were, service businesses with their much lower entry costs offer a path that many are taking to beat the economic blues,” said Carroll. In San Diego, consulting businesses, executive training services and businesses that offer nonmedical services to seniors appear to offer popular franchising opportunities. There seems to be some support in the numbers. According to Carroll, “While a franchised sandwich shop may cost $120,000 or more for the build-out and equipment, or $300,000 for a retail shop, a service business can cost as little as $20,000 to get started, with almost no overhead.” Franchising appears to be doing particularly well in California. According to an International Franchise Association report sponsored by the U.S. Small Business Administration, "Franchise businesses now make up $1 trillion in U.S. direct economic output."
Labels:
California Franchise,
Economic Trends,
Franchising
AAHOA Releases 2007 Report on Franchisor-Franchisee Relationships and Fair Franchising
The Asian American Hotel Owners Association (AAHOA) is one of the fastest-growing organizations in the hospitality industry with 8,700 members owning more than 22,000 hotels, many of which are franchised. The Association puts out a progress report that evaluates franchise companies against AAHOA's 12 Points of Fair Franchising. According to this article, the association released its 2007 report today on Fair Franchising "that offers insight into franchisor-franchisee relationships and provides a tool for holding franchise companies more accountable for their practices and agreements." Mukesh Mowji, 2006 AAHOA Chairman and visionary behind the process, said "this is a first step in a journey toward 12 Point compliance. It is imperative that AAHOA and franchise companies continue progressive dialogue to improve agreements."
Friday, March 28, 2008
Resort Spa Franchise Expanding in Arizona
A local couple is opening a new Hand & Stone Massage Spa in Phoenix. Though three Hand & Stone centers currently operate in Scottsdale, Anthem and Chandler, Jill Fleming and her husband, John are opening this new Arizona Franchise in March at Cactus Road and Tatum Boulevard. According to this article, "three more are expected to open in north Scottsdale, Ahwatukee and Chandler during the year." Hand & Stone franchises allow a monthly membership which offers spa treatments to members at a more affordable rate than some resort spas. "The spas were founded by John Marco, a physical therapist who saw a need in the marketplace for high-quality, convenient and affordable massage-spa services under one roof." The centers offer a range of treatments such as cold stone facials, hot-towel foot exfoliation and hot stone massages. "Membership at the center is $49.95 a month and includes a monthly massage and discounted rates on other services A 50-minute, hot-stone massage is $59.95 for members and $89.95 for non-members. The center offers an introductory relaxation massage for $39.95."
Lights Out for Phoenix, Arizona Businesses
The city of Phoenix is encouraging both residents and businesses to conserve energy by turning off their lights for an hour on March 29 to observe Earth Hour. Many government and business buildings will be participating by turning off the majority of their lights. Lights needed for essential functions such as public safety will remain on. According to this article, "More than 25 cities including Phoenix, Chicago, Atlanta, San Francisco, Bangkok, Sydney and Toronto are participating in the international event organized by the World Wildlife Foundation."
Provision Adds New Requirement to Arizona's Employer Sanctions Law.
HB2745 provides clarification to Arizona's new Employer Sanctions Law and also adds a new provision that would prohibit state and local agencies from issuing business licenses and permits to individuals who cannot prove they are in this country legally. Rep. Russell Pearce, R-Mesa says that such licences would include an Arizona driver's licence and "everything from a state sales tax license and state incorporation to the permitsissued to independent food vendors." According to this article, the legislation "adds provisions designed to provide new protections from prosecution for companies who follow special procedures to check the legal status of new and existing workers. HB2745, which will go to the Senate after a final roll-call vote, also clarifies who is an employee whose identity and legality must be verified, versus an independent contractor. It also adds new provisions to the statute about companies that pay their workers in cash." Pearce explains that the legislation "simply ensures that those not authorized to work in this country will not "compete against the honest business."
Thursday, March 27, 2008
Starting Your Own Business Versus Becoming a Franchisee
During other periods of economic downturn, many people who lost jobs and regular salaries found hope in starting their own business and becoming entrepreneurs. Sometimes it takes a firm shove to get people to focus on what would otherwise have remained as dreams. Starting a franchise has many pros and cons that we will revisit from time to time on this blog. Here are a few that you may want to consider:
Benefits of Franchising:
- Training, Support and Experience. Many franchisees enjoy the idea of not having to "start from scratch" with a new business.
- Established business plan.
- Proven methods and Technology.
- Marketing assistance. Many Franchisors have national campaigns that can benefit local franchisees.
- Recognized brand name.
- Collective purchasing power from vendors.
Benefits of Starting Your Own Business
- No royalty fees.
- Freedom to relocate or sell other items.
- More creativity in how you sell your product.
- Start up costs may be lower.
These are only rough generalities. Not all franchisors provide the experience and training that you might need. Some may micro-manage you to pieces. Also, much may depend on the type of franchise you purchase. Some industries are growing while others are somewhat stagnant. Also, it doesn't help to pick a franchise performing work you will not enjoy. Many franchisees find that it suits them best to pick a franchise based on a personal interest or type of personality. Those who tend to work well on a team find franchising appealing. You work for yourself, but not all by yourself.
California Food Franchise Has Record Sales and Expansion in Slow Economy
Shakey's(R) USA headquartered in Alhambra, CA first opened its doors in April 1954 in Sacramento, CA. Despite a troubled economy, the restaurant franchise is remodelling several franchisee restaurants and is opening new corporate and franchisee stores. According to this article, CEO Joe Remsa's "keen understanding of the brand heritage, equity and vision coupled with his solid working relationship with the Shakey's franchisee body, deemed him a natural successor to the post. Remsa ushers in a new era of stability and brand confidence amidst a growing national demand for Shakey's presence beyond the western region." Remsa explains "Shakey's is an important part of American culture, holding a place in the lives of families over many generations and during economic crisis, consumers and franchisees take comfort in our brand because it reconnects everyone around a simple yet somehow forgotten concept called 'family meal time.'"
Wednesday, March 26, 2008
Extended Stay Hotel Chain is Awarded Exclusive Franchisee Satisfaction Award
The Franchise Business Review is a national franchise market research firm which conducts a survey each year of franchises and franchisee satisfaction to help prospective franchisees evaluate a franchise system. Several key areas of hundreds of franchises are surveyed by thousands of franchisees including training and support; operations; the franchisor/franchisee relationship; and financial opportunity. According to this article, "Value Place is the only hotel chain to earn a spot on the coveted FBR 50™ list, recognized as the most exclusive award in franchising." Eric Stites is the founder and president of Franchise Business Review. According to Stites, "For people considering a franchise investment, satisfaction among current franchisees is one of the most critical factors to consider. Our goal is to help simplify the franchise research and buying process and help entrepreneurs discover the best franchise opportunities in today's marketplace."
Arizona Bank to help Minority Small Businesses
Gilbert Jimenez is the proposed president of Colonia Bank (in organization) one of two banks that plan to move into new offices in Arizona in the upcoming months. He is also a graduate of Arizona State University and has held executive positions in Arizona. According to this article, "Jimenez said these banks plan to specifically cater to small and medium-sized businesses, especially in the Hispanic and multicultural community. Not only are multicultural citizens everywhere, so are small businesses." Jimenez added, "about 47 percent of Arizona's population is multicultural. About 35 percent is Hispanic.The bank is also expected to serve not-for-profits and women-owned businesses." This may be good news for Arizona franchisees in need of financing since Jimenez states that the banks intend to offer the full array of services of any bank. " Colonia has received approval from the Arizona Department of Financial Institutions to organize and begin raising between $8 million and $10 million in initial investment capital. The bank welcomes the small investor."
Tuesday, March 25, 2008
Franchisor AlphaGraphics Continues to Grow through Franchising
AlphaGraphics is a print and visual communications franchisor with more than 260 AlphaGraphics franchises located in the United States and worldwide. AlphaGraphics continues to expand through franchising despite industry trends in a slow economy and difficulties in the printing and visual communication world to attract new clients. According to this article, Art Coley, AlphaGraphics' senior director of franchise development explains ""AlphaGraphics provides its franchisees with leading-edge programs and technologies that add significant value to their relationships with their customers." AlphaGraphics CEO, Kevin Cushing adds, "The ultimate test of any franchisor/franchisee relationship is when it comes to the expiration of the franchise agreement and both parties are free to go their separate ways. We are extremely pleased and proud that during the past few years 100 percent of our owners whose franchises were due to expire have accepted the opportunity to extend their agreements and stay in the AlphaGraphics network. Fourteen owners have been offered the opportunity to extend their agreements with us in the past two and a half years, and all fourteen have accepted. That renewal rate is unheard of in our industry and is a real testimony to our network of franchisees and our team at the AlphaGraphics Service Center. They know they are a part of a leading and winning brand."
Labels:
Economic Trends,
Franchising,
Franchisors
International Franchise Association elects New Board Member
The International Franchise Association's board of directors has elected ADIR Restaurants Corp. Pres. and COO José J. Cofiño as a new member. According to this article, "Cofiño serves on the board of directors of the IFA Diversity Institute and is a member of the Minorities in Franchising Committee. Pollo Campero is a participant in the IFA Educational Foundation's MinorityFran program, which aims to increase the numbers and success of minorities in franchising at all levels." The IFA was founded in 1960 and its membership consists of franchisors, franchisees, and suppliers. The group promotes franchising and is a source of information for anyone interested in starting a franchise.
Labels:
Franchising,
International Franchising
Monday, March 24, 2008
How Does Starbucks Ruling Affect Franchise Owners?
A San Diego Superior Court Judge Patricia Cowett ordered coffee chain Starbucks to pay more than 100 million dollars in tips and interest owed to staff in a ruling that stated that supervisors are precluded from sharing in tips from the tip pool intended for employees. According to this article, an attorney for Starbucks servers stated: "California law allows employees to pool tips, Lowe said, though supervisors, managers and owners -- anyone with the authority to oversee or direct other workers -- can't be paid out of the pool." The caution for franchise owners? According to this article, Connie Alexakos, vice president of marketing for the Hawaii-based company, the Bad Ass Coffee Co., states that "it's up to franchise owners to comply with employment laws of their states. She said she read the Starbucks ruling but wasn't clear whether it affected the way Bad Ass franchises need to operate."
Sunday, March 23, 2008
Marco's Pizza Opening Several Franchises in Arizona
According to Area Director David Jeffers there are still Tucson and Southern Arizona franchising opportunities available. In fact, there is a Franchise Information Seminar planned for April 22 at the Hampton Inn on North Oracle Road in Tucson. According to this article, "Jeffers announced the first of eleven Marco's Pizza stores slated for the Tucson area will open on March 28th." The article adds that "Marco's Pizza is based out of Toledo, Ohio and is the only Top 25 Pizza Chain whose founder is from Italy. As such, the new store will feature Ah!thentic Italian pizza, toasted subs, salads, chicken wings as well as soft drinks with carryout and delivery service."
Arizona Sweet Business Targets Non-Food Retailers
Jim Schweikert and his Chandler-based company Liberty Distribution Co. LLC has established a nice little niche market targeting businesses that don't sell food. He has managed to expand to a 90 person company and according to numbers the company provided has charted average annual compound revenue growth of 26 percent over the last four years. According to this article, his business model works because he "distributes to stores where customers go to buy DVD players, ply wood, air conditioning filters and cat litter, not breath mints, beef jerky or Sour Patch candies. But the placement of these products at the checkout has helped even non-food retailers to bolster their sales. " By using proprietary software to track sales and replenish their customers' inventory as they run low, Schweikert has been able to turn a profit.
Greater Phoenix Manufacturer's Survey Reveals Poor Outlook for Economy
A new survey shows that Phoenix-area manufacturers aren't that rosey about the economy. According to this article, the survey indicates that Greater Phoenix Manufacturers "are gloomy about the U.S. economy and, compared with previous years, have been hiring less and watching demand fall for their products here and abroad."
Saturday, March 22, 2008
Arizona Food Franchise Posts Nutritional Food Content for Customers
Canadian Franchise Extreme Pita has installed the Nutricate Receipt system in all of its Arizona restaurants to help consumers make better nutritional choices. The restaurant is currently in seven locations in Arizona including, Chandler, Phoenix, Scottsdale, Tempe and Tucson. After ordering, customers get a receipt that prints out calories, fat content tips and other food related information. The company has installed the system in all of its Arizona locations and plans to expand to other locations. According to this article, "the Nutricate™ Receipt system provides consumers with a convenient and meaningful way to understand their nutritional options. Customers receive a customized receipt highlighting the calories, fat, carbohydrates, protein and nutritional daily value for everything they order. The receipt also offers tips on how to eat healthier by providing additional information on the receipt such as “Did you know? If you choose lite mayo instead of chipotle mayo on your pita you will save 160 calories and 10 grams of fat?”
Restaurant Franchisor Assumes Operation of Struggling Franchisees
Father-son duo Paul and Scott Mobley who own Noble Roman’s Inc. a Restaurant Franchise have assumed the operation of six franchised restaurants in Indianapolis. According to this article, " The locations had been operated by a single franchisee, local businessman Steve Patton." Taking over these franchisee units "is a departure for a 36-year-old company that now focuses almost entirely on franchising; Noble Roman’s owns only two locations, primarily for training purposes." Paul Mobley feels that the move is the right one for the company and that they can demonstrate success. The article adds that "Noble Roman’s has reinvented itself several times over the years since launching in the 1970s as a chain of dine-in restaurants. In 1997, after intense competition and rising costs made stand-alone pizza joints difficult to operate profitably, Noble Roman’s turned to franchising nontraditional outlets like bowling alleys and gas stations—a strategy that has paid off handsomely. The chain has sold hundreds of franchise owners on features such as a fast-lunch system and a proprietary partially baked crust that ensures Noble Roman’s pizza always tastes the same and can be cooked quickly."
Labels:
Food Franchises,
Franchisees,
Franchisors
Friday, March 21, 2008
California Franchisor Expands in Down Economy with New Franchise Locations
Based in Brandon, Florida, i9 Sports is a Franchisor of youth sports leagues, camps, and programs in over 100 locations and several states nationwide. The California franchise is opening new locations each month and apparently participation by youth leagues continues to grow. According to this article, company Founder/CEO, Frank V. Fiume says: "History shows that regardless of the economy, kids play sports. As a business, this is a very attractive aspect of our franchise." He adds, "We work hard and play hard -- but it's all for the love of the i9 Sports brand. The passion that our franchisees and customers share is contagious. It's the ultimate career."
Thursday, March 20, 2008
Intensive 2 1/2-day Franchise Workshop In El Paso, Texas
The University of Texas at El Paso's Franchise Center is offering an intensive 2 1/2-day certificate program next month April 24-26. If applicants apply fast enough, they may be eligible for any one of twelve scholarships that are available, worth $875 each, but the deadline is April 1 to apply for financial aid. The program is open to anyone who wants to learn about franchising. According to this article, one El Paso native Marc L. Stelley who attended in 2004 and now has a gyme with more than 600 members says of the program, says"I think it was tremendously informative. It guided me to wisely choose a franchise that caters to my lifestyle. That's very important. Basically, they gave me all the information you need, from legalities to bank loans. It covered all the bases you need to open a business, whether it's a franchise or you're starting a business on your own."
IHOP Sells 41 Applebee’s Restaurants to California Franchisee
Apple American Group LLC is the largest franchisee of the Applebee’s chain bought by Ihop Corp. last year. According to this article, "When Ihop bought the Applebee’s chain last year, Ihop said it wanted eventually to sell 475 company-owned Applebee’s stores to franchisees. Applebee's is about 70 percent franchised. Based in San Francisco, Apple American owns and operates 145 Applebee's restaurants in eight states including California." It appears that future development of several Applebee's restaurants will take place in Southern California and Nevada.
Labels:
California Franchise,
Food Franchises
Wednesday, March 19, 2008
Blue Moon Mexican Café Expands into Franchising
Blue Moon Mexican Café just opened its first franchise location in New City, NY. CEO Howie Felixbrod has been in the restaurant business for over 30 years and has businesses in several locations. According to this article, Felixbrod explains that “The next logical step for us to grow the company was through franchising. Our biggest advantage is we can open a store without the exorbitant start-up costs associated with most restaurant franchises.” Felixbrod says the company plans to add 3-5 new franchises this year. They are soliciting potential franchisees in New York, New Jersey, Pennsylvania and Connecticut.
California Franchisee Fitness USA enters Franchise Agreement with LA BOXING
Fitness USA Inv, a health and fitness gym, is the wholly owned subsidiary of Montana Mining Corp. The company has entered into a franchise agreement to "become the exclusive franchisee of LA BOXING for the Beverly Hills/Brentwood area of Los Angeles, California, US" according to this article.
Tuesday, March 18, 2008
Home Inspection Franchise Makes Franchise Business Review Top 50
The Franchise Business Review (FBR) surveys thousands of actual franchise owners to evaluate their franchise systems. Every year the FBR announces its Franchisee Satisfaction Awards which highlights the franchises that received the highest praise from their franchisees. Some of the large systems making the top 50 list include The Maids Home Services, Carlson Wagonlit Travel and Sotheby's Real Estate according to the FBR list. According to this article, made the top 50 franchise list again and "broke into the top 20 on this elite top 50 list". HouseMaster was the first home inspection franchise and has been in operation since 1979.
Small Business Loan Resources for Arizona Franchisees
Once you finally find that franchise opportunity of your dreams, the issue of financing can freeze some potential franchisees from pursuing their lifelong goals. Certainly, there are many costs involved in purchasing a franchise beyond the franchise fee or royalty payment. These may include costs to purchase equipment for your franchise, advertising or training. There are various strategies or resources that franchisees use to raise money for their franchise. They may include second mortgage loans, borrowing money from the franchisor, family or friends or looking for a partner. Many franchisees also look to their local Small Business Administration or SBA as a possible source. The SBA in Arizona is located in Phoenix Arizona at 2828 North Central Ave. Telephone: 602.745.7200. Click Here for additional or updated information on the SBA's requirements for lending.
Monday, March 17, 2008
One California Franchisee's Success in a Slow Economy
Shawn Crawford's path to franchising was a result of not wanting to wait out whether his job as director of operations for a physician group was going to be eliminated as the economy took a turn for the worse. He researched opening his own gym but according to this article, "when he started looking into the costs involved in such a venture he became discouraged, that is until he came across some research that showed huge growth potential in health and fitness franchising." From among the various fitness franchises he researched, the Californa Franchisee settled on Snap Fitness, a Minnesota-based fast-growing franchisor of 24/7 fitness centers in the United States and Canada. He is pleased with his success and plans to open a second club in April of 2008. His advice to potential franchisees is to "do some investigative work. Talk to a business broker, pick up and read copies of Entrepreneur and the Wall Street Journal, and when they’re ready to proceed contact a franchisor like Snap Fitness directly. Most franchisor Web sites provide rich information about the business model, financial requirements and much more, and they grant access to executives and franchisees during your discovery process."
Franchising Entrepreneur Finds a Way to Make Millions in a Bad Economy
The Dublin Franchise Sliderobes sells made-to-fit home improvement furnishings. Its owner Mick McAleese claims that he used the "serious" mistakes that his company made which included poor location choices and inadequate management to turn the business into a multi million business in the middle of Dublin's recession in 1983. According to this article, the company underwent a process of intense assessment and "saw franchising as a low-risk road to expansion.” McAleese explains the company's appeal to potential franchisees. “Our big sell when attracting franchisees was, ‘look, we’ve got this tried-and-tested business formula and we’ve made all the mistakes for you so you don’t have to. We’ve found the best way of doing things’”. When looking for the right franchisee, McAleese says the company looks for "franchisees with solid management experience." He believes that their experience best helps them cope with the challenges of running a business.
Franchisors Feel Just Fine About the Future of Franchising
At the Hunter Hotel Investment Conference last week in Atlanta, many franchisors in the hospitality industry expressed optimism regarding continued growth. According to this article, one franchisor, Doug Collins who is President & CEO of America's Best Franchising stated that he "sees franchising in the mid market arena as a consistent business, with little variation due to any economic factors so far. Things are about the same in limited service. We are kind of steady like the turtle. We see steady growth every year. " Collins added that "(I)n 2007 the company opened 45 Country Hearth Inns & Suites and America's Best Inns & Suites properties." Collins believes that the company will open 50 franchised hotels this year.
Labels:
Franchising,
Franchisors,
Hospitality Franchises
Is the Fast-Food Industry Losing its Grip on Franchising?
The Wall Street Journal's recent evaluation of high-performing franchises, appears to indicate that fast food franchises are loosening their grip on the franchising industry while franchises in the services industry, such as health and fitness, security and consumer services are taking their place. According to the article, "fast-food and casual-dining businesses, while still showing strength, with eight names on the list, also are facing pressure from wage and food cost increases. To lower operating costs, several food franchises already are shuttering some locations." Among the high performers on the WSJ list were Home Instead Senior Care, Abbey Carpet & Floor and The Maids International. According to the article the list is diverses. "In fact, there are now more than 230 lines of businesses that do franchising, according to FRANdata, an Arlington, Va., independent research firm that helped analyze franchise data from the past three years and compile the list."
Labels:
Economic Trends,
Food Franchises,
Franchise,
Franchising
International Franchising-Franchisors are Spending Millions to Recruit Franchisees
Expos, word of mouth, internet marketing, magazine advertising and other techniques are part of the aggressive marketing techniques many Australian Franchisors are using in a desparate attempt to attract Franchisees. According to this article, a study by market research firm 10 Thousand Feet found the sector spent $44.4 million on marketing to franchisees in the year to September 2007. Many former stategies apparently did not focus on women who are now seen as a huge untapped market. Local mortgage broker Refund Home Loans, recently named Australia's fastest-growing franchise by outlets, targets recruits through TV info-mercials.
Sunday, March 16, 2008
New Vice-Chairman of the International Franchise Association’s Marketing and PR Committee Elected
Scott Frith , Lawn Doctor's Vice President of Marketing and Franchise Development was recently elected vice-chairman of the International Franchise Association’s Marketing and PR Committee. The announcement was made at the IFA's annual convention that attracted 3,500 franchisors. According to this article, Frith announced: "The mission of the IFA is to protect, enhance and promote franchising. One way this committee can serve the association is to better educate the public and policy makers on the impact of small franchise businesses have on the economy every day," advised Frith on the focus of his new position. "Franchising is the engine that drives commerce in the United States today, and with that momentum, the IFA can serve entrepreneurs looking for long-term stability."
Arizona Surfer Bitten by the Franchising Bug
A former California surfer, Kevin Blackwell has turned a passion for fitness and smoothies into a mega franchising business. Many Arizona residents are familiar with Cold Stone Creamery ice-cream. Blackwell's Scottsdale-based Kahala Corp. is parent to well-known brands such as Cold Stone Creamery, Blimpie and Samurai Sam's Teriyaki Grill. Many of these franchises have a precence in Arizona. According to this article, Blackwell's vision is to have 10,000 franchise stores worldwide by 2010. Kahala Corp is headquartered in Scottsdale, Arizona. The article adds that company officials say the Scottsdale-based Kahala Corp. will take its Cold Stone Creamery brand into Scandinavia during the next five years and plans to have at least 40 stores in Denmark, Norway, Sweden and Finland.
Labels:
Arizona Franchise,
Brand Names,
Franchising,
Franchisors
Phoenix Arizona Franchisor Attorney
In addition to handling franchisees with litigation and transactional work, the Phoenix Law Office of Peter N. Greenfeld has recently expanded its representation of Franchisors. Before starting his own practice, Peter worked extensively with Franchisors in a large national firm well known for its Franchisor representation. With his long term experience, Peter has assisted Franchisors with litigation and disputes that arise with existing franchises. The firm also helps franchisors with setting up franchise systems. You can learn more about this Franchise Lawyer by clicking here to visit their website for Franchisees and Franchisors.
Saturday, March 15, 2008
Discounts Available to Veterans Opening Franchises
The Veterans Transition Franchise Initiative, or VetFran program is a collaboration of the International Franchise Association (IFA), the U.S. Department of Veterans Affairs, the Small Business Administration (SBA) and The Veterans Corp. Terry Hill, vice president of communications for IFA, says that over 1,000 veterans have opened franchises through the program according to this article. A typical VetFran discount ranges from 15% to 25% off franchising fee costs. The types of franchises opened by prospective franchisees has included Aamco Transmissions, Rolly Pollies, UPS and its Mail Boxes Etc. stores.
Labels:
Franchise Discounts,
Franchisees,
SBA,
VetFran
Food Franchise Quiznos Featured on NBC's The Celebrity Apprentice
Teams on the reality show will compete to come up with a new sandwich lineup for the retaurant franchise Quiznos, but they will be limited to using ingredients found only in the Quiznos stores according to this article. The recipies of both teams will be sold at the Quiznos stores through April 6. Quiznos is a fast-food sandwich franchise that specializes in toasted submarine sandwiches.
Yakety Yak Wireless California Franchise Listed Among Entrepreneur Magazine's Franchise 500
Yakety Yak Wireless, an expanding chain of wireless phone retailers first opened in Arizona in 1999. David Timlin, CEO of Yakety Yak recently commented in a press release that the company was selected among Entrepreneur magazine’s annual “Franchise 500” list and is ranked at 470 according to this article. The wireless superstores offer a range of cell phones, calling plans and other wireless accessories.
Labels:
Arizona Franchise,
California Franchise,
Wireless
Turning Tough Economic Times into Big Sales
Some retailers are seizing an economic downturn as an opportunity to increase business. Rather than blaming a recession for poor sales, some businesses appear to be doing quite well. Children's Orchard stores sell "gently used" kids clothing from brand name stores such as GAPKIDS, Gymboree, Tommy Hilfiger Kids and Ralph Lauren and took in $20 million in sales, up 5% from the previous year according to this article. The CEO of the company attributes this to a number of factors including a greater acceptance of recycling because of the 'green' trend.
Labels:
Brand Names,
Economic Trends,
Recycling,
Sales
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