September 03, 2010
Topics:Industries:
|
Your Automotive Franchise Personnel News SourceFranchise News Watch brings you the latest in automotive franchising personnel news from around the web. As a news aggregator for the automotive franchise industry, Franchise News Watch streams the latest ground breaking franchise articles, features, guides, blogs, news and more directly to your desktop.  Automotive Franchise Personnel NewsSnap-on Elects Nicholas T. Pinchuk ChairmanSnap-on Incorporated (NYSE:SNA), a leading global innovator, manufacturer and marketer of tools, diagnostics and equipment solutions for professional users today announced that Nicholas T. Pinchuk, currently president and chief executive...
Jiffy Lube International Adds Seasoned Marketing Executive to Leadership TeamJiffy Lube International (JLI) today announced that John Sanfacon has joined the Fast Lubes organization as marketing and innovations manager. As the leader of the newly created Marketing and Innovations Group, Sanfacon is responsible for all aspects... Dollar Thrifty Automotive Group Announces Executive Officer ChangesThe Board of Directors of Dollar Thrifty Automotive Group, Inc. (NYSE: DTG) today announced that it has approved changes to the Company's executive management team. Effective today, Scott L. Thompson was appointed as the Company's new President and Chief EagleRider Appoints Director of Corporate OperationsEagleRider, the world's largest motorcycle rental company, is happy to announce the appointment of Barry Breckon as Director of Corporate Operations. Advantage Rent A Car Names Vice President SalesAdvantage Rent A Car, the first major U.S. rental car company to commit to going 100 percent green with its fleet of rental cars, recently announced the appointment of Robert Thunell as the Vice President of Sales.
Snap-on Incorporated Appoints Nathan J. Jones to Board of DirectorsMr. Nathan J. Jones has been appointed to the board of directors of Snap-on Incorporated (NYSE: SNA), a global leader in tools, diagnostics and equipment, effective July 1, 2008. Dollar Thrifty Automotive Group Announces New Chief Financial OfficerDollar Thrifty Automotive Group, Inc. (NYSE: DTG) today announced that Scott L. Thompson has joined the Company as Senior Executive Vice President and Chief Financial Officer effective May 23, 2008. Meineke Car Care Centers, Inc. Appoints New PresidentMeineke Car Care Centers, Inc., a leader in franchised automotive services, named today as its new president Keenan V. Moran, a seasoned franchising professional with extensive experience in the automotive services industry. New Owners at Ferntree GullyABS Ferntree Gully situated on Burwood Highway in Victoria, now has new faces behind the counter since long term residents Dan & Julie Gallet aquired the well estalished workshop. Frank Lopez to Oversee Volvo Rents' Hispanic Entrepreneur OutreachVolvo Rents, a division of Volvo Construction Equipment, is pleased to announce that Frank Lopez, former president and CEO of the U.S. Hispanic Chamber of Commerce Foundation (USHCC), has been retained by Volvo Rents to oversee the company's Hispanic...
Dollar Thrifty Announces Executive ChangesDollar Thrifty Automotive Group, Inc. (NYSE: DTG), parent company of the Dollar Rent A Car and Thrifty Car Rental brands, today announced the following executive changes. Carstar Automotive Canada Appoints Dave Lush To New Position Of Chief Operating OfficerCARSTAR Automotive Canada announced today the appointment of Dave Lush to the newly-created position of Chief Operating Officer. Teacher Quits School to Become a Pathetic MedicNo more reading. No more books. Now it's about how your automobile looks. Dollar Thrifty Automotive Group Hires Rick Morris as New Chief Information OfficerDollar Thrifty Automotive Group, Inc. (NYSE: DTG) announced today that Rick Morris has joined the company as Executive Vice President and Chief Information Officer. |
Features & Special ReportsFranchising With Family Members Can Be Fraught With Danger Or Filled With SuccessIt can be difficult enough to get a franchise up and running on your own, or with other operational and investing partners, but it can be downright arduous if family members are involved in the deal. But that's the route some franchisees take and when done properly this management model can provide years of personal and professional harmony. But there are some secrets to making it work. Go in unprepared and you could break up a business and a family. The Winner's ColumnAs savvy franchise companies continue to flourish in this challenging economy, FUSR will continue to bring you good news each month, highlighting brands that are adding units, increasing comp store sales, striking deals with investors, and continuing to grow despite the economy - maybe even because of it. And, as the U.S. struggles through its "jobless recovery," growth-oriented franchisors continue to look overseas for expansion opportunities. Sales Intelligence for Superior Performance, Part 2Aggressive growth companies measure the performance of their sales personnel just as they do their advertising. With high recruitment expenses you can't afford mediocre selling performance, which costs dearly in lost franchise deals. A policyholder survey by Prudential Insurance revealed that the greatest influencing factor in the buying process is the sales person. Turning Around Struggling FranchiseesTwo years of tight credit and reduced consumer spending have left many franchisees reeling and put a serious crimp in franchisors' royalty streams. Workout professionals and bankruptcy attorneys experienced in franchising discuss what franchisors can do to help turn around distressed units - without spending scarce funds or getting themselves into legal hot water. New Gift Card Regulations Kicked in August 22ndLast year when President Obama signed the Credit Card Act of 2009 (the Act") into law, the nation's attention largely focused on those provisions of the law that aim to change the way credit card companies do business with consumers. However, since the Act imposes requirements on gift card issuers, it also changed the way many retailers and franchise companies will do business with consumers. Strong Cultures Sell More Franchises!Every franchise organization has a culture, the same way every person has a personality. If your franchise brand is serious about growth and development, ask yourself these two questions: 1) Does our franchise system have a strong, positive culture?; and 2) Is it a culture that promotes selling franchises? Special Operations: Franchising in a Strange LandOpening franchise units in nontraditional locations has been the domain of specialists--but not anymore. With the economy still slumping, lending still tight, and suburban expansion at a standstill, many multi-unit franchisees are exploring the viability of sites such as airports, hotels, colleges, senior centers, highway rest stops, hospitals, and military bases. Rolling with the Punches: Franchisors Continue Adapting to ChangeThe rules and methods for franchise sales are changing daily with the general public's increasing awareness of the economy, deficits, lending, the housing market, and more. As some of us "graybeards" can remember, this isn't the first time the rules have changed--and it won't be the last. Change on the HorizonJust like any business, the franchising business is one that I have seen evolve tremendously over the past 30 years. While many of the cornerstones and crucial elements - product, simplicity, control, and support - remain the same, so much is changing. Hiring Entrepreneurs: A Case Study of Hiring the Spirit of SuccessAs we continue to mine Dave Melton's book, <i>Hire the American Dream,</i> I thought it would be interesting to highlight a case study that demonstrates just how successful smart hiring can be. Here Melton describes his experience hiring an immigrant.
|
