Franchise News Articles For Entrepreneurs & Small Business Owners

Why Baby Boomers Are Buying Franchises

If you want to venture into business with less risk, franchising is the way to go. When you buy a franchise, you get all the kits, training and the likes, so as a franchisee you don’t have to worry about strategic planning or brand marketing.  According to FinancialPost.com, it has been observed that more and more [...]

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Cinnabon Franchises Expanding Globally

Who would not be enticed by the sweet smell of cinnamon rolls wafting through the air in the morning? Perhaps one of the sweetest successes a business can have is to penetrate the global market and sell its products and services across the world. This is what Cinnabon has been doing despite the downfall of [...]

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Small Business Trends – What Business Owners Should Look for in 2013

Small business owners are always looking for great opportunities to either innovate an existing business or create an entirely new business in their chosen market. This year is not much different for small business owners. However, it should be noted that there are some kinds of businesses predicted to be great hits this year. According [...]

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Franchisee Discusses Subway’s Secret to Success

What better gift can you receive from seasoned entrepreneurs and franchisees but a set of values that have been tested and proven to work? By giving you how an assistant minority counsellor working with the House Banking Committee, and still is, has become the prime mover as to why Subway franchises are what they are [...]

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How to Pick the Right Franchise for You

People with the entrepreneurial spirit may find franchise ownership the right fit for their abilities and lifestyle. American Express Open Forum lists some introspection questions a would-be franchisee should ask before investing his or her money into a franchise business.  Does the business match my interest and skills?  Will I enjoy running the business?  Does [...]

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Popeyes Help Franchisees Grow

Mel Hope, Chief Finance Officer of Popeyes Louisiana Kitchen told CFO Magazine how his company helps its franchisees grow their businesses.  He says, “We started analyzing their P&Ls and picking out areas where they could do better on electricity, food, and labor costs.  We’ve stripped out about $32 million to $34 million of costs over [...]

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How Government Policy affects Small Business and Franchise Lending

Jim Amos, Chairman and CEO of Tasti D-Lite and Planet Smoothie was interviewed by FoxNews host Greta Van Susteren last month.  In the interview, Amos called small business owners and franchisees heroes.  These folks, he said, put their life and savings on the line while providing jobs in uncertain conditions marked with regulations and tax [...]

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Which Franchises are Likely to Fail?

Are you safe if you buy an established franchise brand?  Not so, says Courtney Rubin in her American Express Open Forum article.  An analysis done by BlueMauMau.com, a franchising news website, on franchises with more than 50 SBA loans, reports popular franchises that failed to pay their SBA-backed loans.  The brands in the list criticize [...]

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Jiffy Lube Franchisee Loses $47 Million in Spam Case

For spamming or sending unsolicited text messages to over 2 million consumers in 2011, Jiffy Lube’s Heartland and its marketing company TextMarks, find themselves $47 million poorer.  The Telephone Consumer Protection Act requires businesses to obtain telephone users’ consent before sending them text advertisements.  This is the contention of the class-action lawsuit filed in the [...]

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Red Robin Sues Franchisee

Amarillo Globe-News reports the development of a legal case between Colorado company, Red Robin International, and its Amarillo franchisee, Early Bird Amarillo and Bryan Cumby, a company principal.  The case stems from the alleged repeated failure of Early Bird and Cumby to pay franchise fees that resulted in numerous default notices and termination of the [...]

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Why Should Veterans Try Franchising?

Military Leaders in Transition published the views of Mary Kennedy Thompson, a former Marine Corps officer and now the Chair of the VetFran Committee of the International Franchise Association.  Thompson said the IFA considers veterans as critical partners of the government towards the economic recovery and future of the country.  She cites the military training [...]

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Tim Hortons Reports Increase In Sales

Tim Hortons Inc. announced in The Vancouver Sun an increase in its second quarter revenue.  This came from stronger system-wide sales; franchise fees, rents and royalties.  Franchise fees increased by over 18% due to more restaurant openings and equipment sales globally.  There was also increased U.S. sales and more renovations during the quarter.  Revenue rose [...]

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Pinkberry Partners With Macy’s

Macy’s in San Franchisco’s Union Square shopping plaza is Pinkberry’s first store in San Francisco.  Chris Burr of Macy’s told QSR the two brands “really connect with each other” and that their shoppers “are virtually the same”.  Pinkberry CEO Ron Graves agrees, “We look for companies and people who share like-minded values, and by that, [...]

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Popeyes Franchises Are Expanding In The US

Cheryl Bachelder has increased the growth statistics of Popeyes Louisiana Kitchen by leaps and bounds as she focuses on a nation-wide expansion of its U.S. stores. Bachelder targets doubling the number of stores to 3,200 as it “suburbanizes” to attract more white diners. Businessweek.com reports that Popeyes, owned by AFC Enterprises, projects to grow 13% [...]

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Home-Based Businesses & Franchises Growing In Popularity

Are you looking for a business opportunity with lower budget?  Sara Wilson at AllBusiness.com discusses the increasing viability of home-based franchises.  The popularity of these businesses is benefiting many households nationwide as these home-based ventures generate at least 50% of the owner’s income, according to a survey by the Small Business Success Index.  Franchise lawyer [...]

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Papa John’s Pizza to Raise Prices Because of Obamacare

The Inquisitr reports the announced plan of John Schnatter, CEO of Papa John’s Pizza, to raise prices of about $.20 per order.  This is so the company can offer its 165,000 employees health care benefits in compliance with the Affordable Care Act or Obamacare.  The law applies to all businesses with more than 50 employees.  [...]

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Largest Veteran Hiring Fair Held In Detroit

Brad Cooper in The White House Blog reports on his experience when he joined the Department of Veterans Affairs and thousands of veterans at the largest hiring fair held in Detroit in July.  This fair for veterans was a continuation of the efforts of First Lady Michelle Obama and Dr. Jill Biden’s Joining Forces Initiative [...]

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Chick-fil-A Controversy Attracts Mixed Reactions

Chick-fil-A is in the middle of a controversy brought by its Chief Operating Officer Dan Cathy’s support of traditional marriage.  His stand goes with the restaurant’s Christian worldview.  Gay supporters took Chick-fil-A to task for Cathy’s remarks in The Biblical Recorder.  They advocated boycotting the chain, while several politicians rode on the issue by announcing [...]

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Five Guys Burgers – The Fastest Growing Restaurant Chain in The US

Forbes.com traces the beginning of Five Guys Burgers and Fries, now one of America’s fastest growing restaurant chain.  Jerry Murrell wanted a restaurant offering quality burgers in 1986 to keep his family nearby.  He, his wife and five sons live within 20 minutes of each other.  The family’s initial investment in Arlington, Va. was $70,000.  [...]

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Home Care Franchises Are In Huge Demand

In recent years, home care service franchises became one of the top categories of franchise opportunities.  Their growing demand is due to demographic and economic factors as the rising aging population is moving toward reducing hospital care and keeping seniors and disabled persons in their homes instead of nursing facilities.  HealthCareFinanceNews.com says business owners are [...]

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