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Franchise News Articles For Entrepreneurs & Small Business Owners
Mr. Brian Scudamore who built 1-800-GOT-JUNK into a $100-million-a-year franchise partnered with Mr. Jim Bodden on a new venture, the 1-888-WOW1DAY Painting. Bodden brings into the business his painting expertise while Scudamore contributes his entrepreneurship know-how. The Financial Post article says “Mr. Scudamore saw the opportunity to replicate the success of his junk removal business […]
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Posted by timb on 11/23/11 at 02:11 PM in Business News, Franchise News | Permalink | Comments (0) | Trackback URL
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There will be no need for UK consumers to drive far to get their favorite Krispy Kreme doughnuts. Krispy Kreme UK announced in Businessweek that it will add more stores in various locations in the next few years. This move shows how successful Krispy Kreme has grown from its first store in UK eight years […]
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Posted by timb on 11/23/11 at 02:11 PM in Business News, Franchise News | Permalink | Comments (0) | Trackback URL
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Ken Goldberg of Real Digital Media, in his article in DigitalSignageToday.com, expounds on the use of digital media as a very powerful marketing tool for franchise businesses. He cites the franchise model where the concept of a marketing campaign is decided by the franchisor while at the same time giving the local franchises some control […]
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Posted by timb on 11/22/11 at 04:11 PM in Business News, Franchise News, Sales & Marketing | Permalink | Comments (0) | Trackback URL
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A bill put forth by President Obama aimed to create jobs via payroll tax cuts and a $447 billion package for infrastructure projects is facing opposition in Congress and small businesses. Newsmax.com reports that the International Franchise Association, in a letter to the Senate, says it prefers permanent tax reforms in lieu of this temporary […]
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Posted by timb on 11/22/11 at 04:11 PM in Business News, Franchise News, Government & Politics | Permalink | Comments (0) | Trackback URL
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The Naperville Sun featured James Young, President of the Spring-Green Lawn Care Corporation, as the force behind the success of the company. CEO Ted Hofer of Spring-Green agrees that it is Young’s direct mail campaign that brought the franchise to new heights in 2007. Young is known for creating an atmosphere “of change, acceptance and […]
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Posted by timb on 11/22/11 at 04:11 PM in Business News, Franchise News | Permalink | Comments (0) | Trackback URL
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Business ideas spring from filling a need. Successful start-up businesses start with a unique and sometimes quirky idea that addresses a need. We could just smile and say, “I wish I had thought of that”. Below are two such examples of startup business ideas, as reported in All Business, that visionaries had turned into million […]
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Posted by timb on 11/20/11 at 12:11 PM in Business Ideas, Entrepreneurs & Entrepreneurship, Franchise News | Permalink | Comments (0) | Trackback URL
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Emil Brolick, formerly of Taco Bell, is taking over Wendy’s after the death of latter’s founder. In an interview with USA Today, Brolick discussed his plans to lead the company to regain lost ground from the competition. He said that his leadership will give hope, vision and clarity to Wendy’s. Aside from their tastier and fresher […]
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Posted by timb on 11/20/11 at 12:11 PM in Business News, Franchise News | Permalink | Comments (0) | Trackback URL
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The Globe and Mail reports that Canadian Tire recently opened three test auto stores aimed at capturing a big percentage of the market for tires and supplies. The modern design of the stores features roomy aisles and a wide variety of products. These also have drive-in services for a quick diagnosis of car problems and […]
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Posted by timb on 11/20/11 at 12:11 PM in Business News, Franchise News | Permalink | Comments (0) | Trackback URL
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Inc. calls McDonald’s marketing of McRib brilliant. The company’s use of exclusivity, scarcity and seasonality makes McDonald’s customers baffled, excited and hooked. McDonald’s has turned the barbecued pork sandwich into a favorite. This early, people are speculating if the McRib will make a comeback next year. Companies can learn much about marketing their products from […]
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Posted by timb on 11/20/11 at 08:11 AM in Business News, Franchise News, Sales & Marketing | Permalink | Comments (0) | Trackback URL
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There is a saying, “Imitation is the best form of flattery”. But this is not always the case. In an article posted in All Business, some Chinese university students parodied KFC with their Obama Fried Chicken restaurant. Their logo, featuring President Obama and Colonel Sander’s bow-tie and apron, created furor among Americans and KFC. KFC […]
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Posted by timb on 11/20/11 at 08:11 AM in Business News, Franchise News | Permalink | Comments (0) | Trackback URL
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Shelly Sun of BrightStar shares her experience regarding financing franchises. She says that the most common cause “for failure for franchisors is under-capitalization”. In her article in Enterpreneur.com, she gives advice on where and how to get a franchise loan. Banks, government programs, friends and family can give you the financing you need. The No. 1 […]
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Posted by timb on 11/14/11 at 01:11 PM in Business Finance, Business Plans, Franchise News | Permalink | Comments (0) | Trackback URL
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Customers at these times of economic difficulty have second thoughts about spending their money on untried businesses. They would rather spend on tested brands. It is in this context that the IFX Enterprise has scheduled a three-day conference in Las Vegas. The Las Vegas Business Press says this summit will guide potential suppliers on franchising […]
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Posted by timb on 11/14/11 at 01:11 PM in Franchise News, Growing Your Business | Permalink | Comments (0) | Trackback URL
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A few businesses have started installing charging stations for electric cars in their stores. This is in anticipation of the future where electric cars will be more common as our dependence on oil decreases. FoxNews.com reports that the McDonald’s franchisee in Huntington, West Virginia, has two such chargers installed last year. Walgreens, too, has some […]
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Posted by timb on 11/14/11 at 01:11 PM in Business Ideas, Franchise News, Software & Technology | Permalink | Comments (0) | Trackback URL
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Franchise leaders led by International Franchise Association’s President & CEO Steve Caldeira are asking members of Congress to repeal or amend the health care law. IFA says these leaders are worried that many franchise businesses will close shop, and millions of employees will lose their jobs. This is according to a report prepared by the […]
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Posted by timb on 11/14/11 at 01:11 PM in Business News, Employment, Franchise News, Government & Politics | Permalink | Comments (0) | Trackback URL
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Domino’s Pizza took a turn-around by resorting to non-traditional ads. To bravely receive feedback from its consumers through its website and to own up to its failures were initially thought to be risky moves. But eventually, the company was rewarded for its honesty, accountability and improved recipe. Bloomberg Businessweek says that this has earned Domino’s […]
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Posted by timb on 11/14/11 at 12:11 PM in Business News, Customer Service, Franchise News | Permalink | Comments (0) | Trackback URL
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Companies and advertising execs are in a dilemma during these rough economic times. They try to connect or empathize with their consumers through their commercials. Tim Calkins of the Northwestern’s Kellogg School of Management told Marketplace.org, “Making sure advertising resonates is so important. And if your consumers are struggling economically, then the message has to change […]
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Posted by timb on 11/14/11 at 12:11 PM in Business News, Franchise News, Sales & Marketing | Permalink | Comments (0) | Trackback URL
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Former employees have difficulty looking for new jobs. To keep afloat, they start new businesses or buy franchises. Although one has to undergo a completely different work environment from being an employee to an entrepreneur, some consider being a franchisee less risky. There is already an existing name and reputation. In an article that appeared […]
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Posted by timb on 11/10/11 at 11:11 PM in Employment, Entrepreneurs & Entrepreneurship, Franchise News | Permalink | Comments (0) | Trackback URL
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Facebook, the leading social media network, joined the International Franchise Association (IFA) as a member, the IFA announced. It has also teamed up with the association to boost growth of the over 800,000 US-based franchises. In 2012, it will offer free advertisements to local businesses. It told The Street that it will email companies with […]
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Posted by timb on 11/10/11 at 11:11 PM in Business News, Franchise News, Growing Your Business | Permalink | Comments (0) | Trackback URL
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Franchises these days are into all kinds of businesses – food, retail, clothing, repairs, salons, spas, services, are more. The United Franchise Group has over a thousand franchises with a high percentage of success. The Palm Beach Post cites an IFA (International Franchise Association) Educational Foundation report that more than 90% of franchisee contracts are renewed. […]
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Posted by timb on 11/10/11 at 11:11 PM in Business Opportunities, Franchise News, Franchises | Permalink | Comments (0) | Trackback URL
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McRib, the famous but elusive offering of McDonald’s, is available this fall in all US stores according to Huffington Post. Local franchises usually determine when and if this McDonald’s product is available but because it was such a hit last November, McDonald’s Corporation is bringing it back this year and nationwide until mid-November. The McRib […]
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Posted by timb on 11/10/11 at 11:11 PM in Business News, Franchise News | Permalink | Comments (0) | Trackback URL
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