September 03, 2010
Topics:Industries:
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Your Childrens Franchise Personnel News SourceFranchise News Watch brings you the latest in childrens franchising personnel news from around the web. As a news aggregator for the childrens franchise industry, Franchise News Watch streams the latest ground breaking franchise articles, features, guides, blogs, news and more directly to your desktop.  Childrens Franchise Personnel NewsGoddard Systems, Inc. Appoints Joseph Schumacher as Chief Executive OfficerGoddard Systems, Inc., named the number one child care franchise company for the eighth year in a row by Entrepreneur magazine, announced today that Joseph Schumacher has been appointed Chief Executive Officer, effective January 1, 2010. He succeeds... Kumon Promotes Hideki Kusuzawa to President of North AmericaKumon, the world's largest after-school education company, promotes Hideki Kusuzawa to president of Kumon North America. Mr. Kusuzawa is responsible for overseeing operations of 1,600 franchises in the United States, Canada and Mexico and more than... Homewatch CareGivers Appoints Trey Malicoat to VP of CommunicationsHomewatch CareGivers, the largest, most experienced international provider of full-service in-home care, announced that Trey Malicoat has joined the company as Vice President of Communications. Malicoat is responsible for all marketing and PR... Chuck E. Cheese's Announces New Senior Vice President, Chief Operating Officer of International DevelopmentCEC Entertainment, Inc. (NYSE: CEC) today announced the appointment of Michael Beacham as Senior Vice President-Chief Operating Officer of International Development. Beacham is responsible for directing the company's growth internationally as well as... CEC Entertainment Announces Executive PromotionsThe Board of Directors of CEC Entertainment, Inc. (NYSE: CEC) today announced that President Michael H. Magusiak will become Chief Executive Officer and President of the Company effective December 29, 2008. Richard M. Frank, currently Chairman and... Primrose Schools(R) Expands Senior Management Team with New COO; Continues Franchise Growth Momentum with Opening of 200th SchoolPrimrose Schools, the nation's leader in high quality educational child care, announced today that it has recruited Darin Harris, a respected industry veteran with an extensive career in franchise executive management for well-known, national brands... Gap Inc. Names Tom Wyatt President Of Old NavyGap Inc. announced today that Tom Wyatt has been named president of its Old Navy division, effective immediately. Pump It Up Expands Management Team Following Merger with BounceUPump It Up, the nation's largest franchise of interactive, indoor inflatable playgrounds for private parties, announced today that it has added two highly experienced franchising executives to its management team, including a Vice President of... i9 Sports Adds Key Positions To Support Franchise GrowthAt a time when corporate downsizing is the trend, i9 Sports(R) announces the addition of several members to its staff to support the rapid growth in the number of franchises nationwide... Build-A-Bear Workshop, Inc. Names Eric Fencl General CounselBuild-A-Bear Workshop, Inc. (NYSE: BBW), an interactive entertainment retailer of customized stuffed animals, today announced that it has appointed Eric Fencl as general counsel, effective immediately. Retired Four-Star U.S. Army General Tommy Franks Appointed to CEC Entertainment, Inc. Board of DirectorsCEC Entertainment, Inc. announced today that retired four-star U.S. Army General Tommy Franks has been elected to its board of directors effective March 26, 2008. Gap Inc. Announces Departure Of Chief Legal And Administrative Officer Lauri Shanahan This SpringGap Inc. (NYSE: GPS) today announced that chief legal and administrative officer Lauri Shanahan plans to leave the company after a transition period, effective March 31. Gap Inc. Names Sabrina Simmons To Position Of Chief Financial OfficerGap Inc. (NYSE: GPS) today announced Sabrina Simmons, the company's executive vice president of corporate finance and acting chief financial officer, has been promoted to the position of chief financial officer, effective immediately. The Little Gym International Names Dickison VP of Marketing and Brand ManagementPaul Dickison, an Orange Park, Fla.-based franchisee of The Little Gym International (TLGI), has been appointed Vice President of Marketing and Brand Management for the international chain of gyms, reporting to Senior Vice President of Franchise... JumpBunch Hires New Chief Operating OfficerJumpBunch, Inc., a provider of sports and fitness programs for young children, has hired Heather Wheelock as Chief Operating Officer, effective January 2, 2008. Top Producing Franchisee for DIGIKIDS® Child ID Safety Service Chosen to Direct Training and SupportJerry Patrick who with his wife Chris continue to lead one of the top five producing franchisees for DIGIKIDS®, the national child identity safety service, has been named Director of Training and Support for the organization, announced Michael J... KidzArt Announces New Vice President of Franchise Service and DevelopmentKidzArt, a national art education franchise organization, today announced the appointment of Sue Bartman as a key component of the company's plan to strengthen its position as a leader in the marketplace. Nurse Next Door Signs Hyper-Growth Expert, Cameron HeroldJohn DeHart and Ken Sim, co-founders of Western Canada's largest senior care provider, Nurse Next Door, announced today the addition of hyper-growth expert, Cameron Herold. |
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.
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