Archive for the ‘Franchise News’ Category

McDonald’s is one of the most popular and successful franchises in the world, with over 32,000 McDonald’s restaurants serving more than 64 million people worldwide in 117 countries.

Some people hate McDonald’s for some reason, but we can’t deny the fact that McDonald’s is influential. A proof: Just have a look at McDonald’s Hamburger University – the company’s global center of excellence for training and leadership development.

McDonald’s Hamburger University is a training facility from which McDonald’s personnel can learn about various aspects of the business: restaurant operations, quality, service, cleanliness and value – to name a few.

The Hamburger University – just like McDonald’s restaurants – is located in 7 locations worldwide: the US, UK, Germany, Brazil, China, Japan and Australia.…

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Entrepreneur Magazine Features AdviCoach on Prestigious List of 100 ‘Fastest-Growing Franchises’

Southbury, Conn. – “Just imagine what they’ll be able to do now…,” noted Entrepreneur in reference to the companies on the magazine’s list of the “Fastest-Growing Franchises” in North America (February 2011). Stated in reference to the improving economy and credit market, the remark applies to franchises on the prestigious list, which features AdviCoach at No. 68 out of 100. With momentum on its side in 2011, the concept is poised to improve on its record-setting growth performance this past year.

“In an incredibly challenging economic climate we nearly doubled in size,” said Brian Miller, president and COO of FranchisEsource Brands International (FSBI), the parent company of AdviCoach and leading coaching franchises The Entrepreneur’s Source, Business Partner Marketing Coach and Expense Reduction Consulting, as well as Decor & You.…

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When Tron Jordheim and others at StorageMart started the company’s latest marketing campaign, they looked to their existing customers for inspiration.

The company’s latest campaign slogan, “Save it, Store it, Share it,” came “more an observation of the way people use us already,” said Jordheim, the director of marketing for the self-storage corporation, which operates more than 130 locations in the U.S. and Canada.

The campaign, which started in the past year, tells customers that storage units can be used for more things and in more ways than are normally considered.

“People tend to think of storage as something that somebody else does but not something that I need,” Jordheim said.…

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Leading Multiple Brand, Professional Coaching Franchisor Targets Eight United Kingdom Territories for Franchise Expansion

LONDON, England – FranchisEsource Brands International (FSBI) announced today that it is has initiated a strategic global expansion program to significantly increase its international presence. The 300-plus unit multi-brand franchisor, specialising in professional coaching under widely recognised brand names The Entrepreneur’s Source®, AdviCoach®, Expense Reduction Consulting® and Business Partner® Marketing Coach, as well as Decor & You®, is initially targeting the United Kingdom and plans to continue growth outward from there.

“We’re ripe for major international expansion,” said Terry Powell, founder and CEO of FSBI. “From supporting the growing number of budding entrepreneurs through their business discovery process to helping existing business owners advance operations, cut costs or refine marketing programs, we hit home with today’s entrepreneurs.…

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Are you eager to find out the ins and outs of franchise legal issues?

Paul Segreto’s franchisEssentials has just announced the debut of its very own ‘Legal Eagle Franchise Series’ on the weekly broadcast of Franchise Today. The Series started on April 29th.

The 4-week series will feature discussions with leading franchise industry legal experts, including:

• Michael Webster, Franchise Attorney and Chairperson of the Strategic Committee of the International Association of Franchisees and Dealers;
• Lane Fisher, Partner at FisherZucker LLC; and a member of the International Franchise Association’s Board of Directors;
• Warren Lee Lewis, Shareholder-Franchising & Licensing at Akerman Senterfitt and Author of The Franchise Seller’s Handbook; and
• Leslie Curran, Franchise Attorney at Plave Koch PLC and Board Member/President-Elect at NAWBO Greater DC.

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McDonald’s is finally faltering from the rising competition and US poor unemployment rapport. Is it representing the big picture of franchising today?

For McDonald’s, it’s always been me against the world – Competitors are doing their best to secure and grow their market shares in the industry. Like it or not, competition always drag the competing entities to price war – and we all do know that price war is where we DON’T want our franchises involved in.

Unfortunately, the recent news of McDonald’s US sales decline indicates that, like it or not, McDonald’s has to play the price war game. As the pressure of unemployment mounting, McDonald’s is finally (and officially) hit by the recession.…

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Franchisors and franchisees – should you join the Black Friday 2009 sales? Based on the stats, you should.

The day businesses, especially retailers, have been waiting for is finally approaching: The Black Friday on November 27, 2009.

The Black Friday (and the whole Christmas shopping season starting from that day) is the Day for customers to lavishly spend their money and for businesses to attract and serve as many customers as they can. Franchises are definitely on the bandwagon right now and I don’t think you should miss this out.

Papa John’s, for example, has already launched a Black Friday weekend specials: Partnering with Nintendo, they are going to give away – through the Sweepstakes program on their website at PapaJohns.com – 300 Wii Sports Resort prize packages, with an approximate retail value of $330, from Friday, November 27 to Sunday, November 29.…

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Cash flow is the life energy of every business, including franchise. Lack of it will drain the life out of your franchise unit – and this is just the beginning.

In the midst of economic turmoil today, we heard this advice all the time: In order for your business to survive, you should increase sales, cut expenses.

With all due respect – I don’t think the above is entirely applicable for the rest of us.

Increasing sales and cutting expense in today’s difficult economy is very challenging, if not very difficult for the rest of us. I do agree that the logic behind it is true – however, we have to keep grounded and get real – With the lower purchasing power and higher overall costs, increasing sales and cutting expense sound pretty much contrary.…

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Do you want to receive free franchising advice from top franchising experts but too tired to read any franchising articles? Try listening to live podcasts.

The Internet offers wealth of knowledge if you want to learn as much as you can about franchising. You only need to look for the online resources.

One of the resources I would like to recommend is franchising podcasts.

What is podcast anyway?

Podcasts are series of digital media files (most commonly audio) that can be shared and listened to, either live or recorded. Podcasts are commonly come into life in the of online talk shows or online interviews.

I enjoy listening to podcasts on various business topics, as they are often more informative (and informal) than the written forms (blog posts) – And I do prefer listening to talk shows and seminars (webinars) more than reading blog posts, articles and journals.) Just like their written counterparts, podcasts can offer listeners a wealth of information that is available for free (with a hint of sales pitch here and there, but most don’t pitch you at all.)

Podcasts on franchising

I would like to recommend you these two franchising live podcasts from Blog Talk Radio:

Franchise Today Show

Franchise Today Show is co-hosted by two authoritative voices in franchising – Paul Segreto and Joel Libava (a.k.a.…

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The 5th annual Franchisee Satisfaction Awards is now calling for registrants – Register your franchise to join the elite group of 500 leading franchise brands.

Franchise Business Review is inviting you to register to be inducted in their 2010 Franchisee Satisfaction Awards, held in San Antonio Texas on Feb 6 – 8, 2010.

The Awards will showcase franchise companies that are doing it right – putting their franchisees first and focusing on the things that truly matter most.

Here is a quote from Franchise Business Review site about the Awards:

Franchise Business Review presents awards to the top rated franchises in 17 industry categories: Advertising & Sales, Automotive, Business Services, Child Services, Cleaning & Maintenance, Financial & Tax, Food, Health & Beauty, Home Services, Pet Services, Real Estate, Specialty Retail, Senior Care, Services, Sports & Recreation, Technology and Travel & Hospitality.

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