September 03, 2010
Topics:Industries:
|
Your Franchise Business Expansion News SourceFranchise News Watch brings you the latest in franchising business expansion news from around the web. As a news aggregator for the franchise industry, Franchise News Watch streams the latest ground breaking franchise articles, features, guides, blogs, news and more directly to your desktop.  Franchise Business Expansion NewsSotheby's International Realty Brand Expands Network Presence into SwedenSotheby's International Realty Affiliates LLC today announced that leading Swedish real estate firm Skeppsholmen Fastighetsmakleri in Stockholm has joined its luxury real estate network.
Sotheby's International Realty Announces a New Affiliate in ChicagoSotheby's International Realty Affiliates LLC today announced that Southport Sotheby's International Realty in Chicago is the newest member of its luxury real estate network. Leading Dayton Real Estate Firm Joins Better Homes and Gardens Real Estate Franchise NetworkBetter Homes and Gardens Real Estate LLC today announced the addition of Dayton, Ohio-based real estate firm Big Hill to its franchise brand network. Founded in 1968, the brokerage will now operate as Better Homes and Gardens Real Estate Big Hill under t Financing Not a Barrier for Nation's Fastest-Growing Pizza CompanyBucking the trend of an incredibly tight credit market, Marco's Pizza announced today it has been approved to receive up to $7.5 million for existing and prospective franchisees in funding from Main Street Bank of San Antonio, TX to continue its impressiv
Flip Flop Shops Catches a Wave In Panama City BeachFlip Flop Shops is exposing its toes in Panama City Beach. The only lifestyle retail franchise to capture the essence of the flip flop connoisseur way of life, Flip Flop Shops recently opened its first local shop in Panama City Beach at 201 Bluefish Drive Paul Davis Restoration Inc. Opens New National Training Center in Jacksonville, FLPaul Davis Restoration, a national franchise company and leading provider of fire, water and mold damage restoration services for residential and commercial properties, has opened its new 17,000 square foot national training center located at 7251 Salisbu Coldwell Banker Real Estate Franchise Announces New Master Franchisor in France, Coldwell Banker also will Expand Brand into MonacoColdwell Banker Real Estate LLC today announced the signing of a master franchise agreement with Demeure S.A. to expand the Coldwell Banker® brand in France and into Monaco. With the addition of Monaco, the Coldwell Banker network now extends to 50 co Doubletree Hotel Franchise Celebrates Newest City Center Hotel Location in San Antonio, TexasThe newly renamed Doubletree Hotel San Antonio Downtown recently celebrated the grand opening of its hotel by proudly sharing the completion of an $8 million hotelwide refurbishment project with several civic, community and business leaders. Situated acro Doubletree by Hilton Multiple Hotel Development Deal Announced for PolandHilton Worldwide has announced the signing of two franchise agreements for Doubletree by Hilton in Warsaw and Lodz, Poland. The announcement marks a significant entry for the Doubletree by Hilton brand into the Polish market and the future arrival...
Interim HealthCare Opens New Franchise Office in Galveston County, TXInterim HealthCare Inc, the nation's leading health care franchise company, is pleased to welcome new Franchisees Brett & Tracy Bozeman and Sharon Davis in the Galveston, Texas area. Pro Energy Consultants Surpasses 50 FranchisesDespite a down economy, Pro Energy Consultants has grown to 59 franchises in 30 states in just 18 months. The energy auditing company, founded in September 2008, began awarding franchises the following month. The franchise fee is $29,900, with a total... Wendy's/Arby's Group Announces Major Development Agreement with Tab GidaWendy's/Arby's Group, Inc. (NYSE:WEN) today announced that one of its subsidiaries, Arby's Restaurant Group, Inc., has signed a major development agreement with Tab Gida Sanayi ve Ticaret A.S. to open at least 100 Arby's(R) restaurants in Turkey over... Five Star Painting Expands Into Oakland County, Michigan with a New FranchiseFive Star Painting, one of the fastest-growing painting franchise companies, is happy to announce a new member of their team, King Dominguez. He recently purchased a new franchise in Oakland County, Michigan. King, who lives in the Rochester Hills area...
Jose Arriaga Opens South Florida Regional Office for Vanguard Cleaning Systems, Inc.Vanguard Cleaning Systems, Inc., a leading commercial cleaning franchisor, continues to expand in the United States by awarding the South Florida Master Franchise rights to Jose Arriaga.
Sheraton Hotels & Resorts Debuts in the Black Sea Resort Destination of BatumiStarwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) and Nurol Insaat ve Ticaret A.S. today announce the official opening of the Sheraton Batumi Hotel, Georgia. The 203-room Sheraton Hotel is the first internationally branded hotel in the emerging... Home of the Original Hamburger Lands in the Pine Tree StateJohnny Rockets announces Freeport, a popular tourist and shopping destination on the coast of Maine, as the newest Home of the Original Hamburger. The restaurant is the first Johnny Rockets location to open in Maine, offering customers the authentic...
Mosquito Squad Mosquito Control Opens in Greensboro, NCMosquito Squad, America's leading mosquito control franchise, is now open in Greensboro, NC, at 1427 Westover Terrace, to protect families in their outdoor living spaces.
World Tavern Entertainment(R) announced today its national launch of its Franchising ProgramAfter a successful test of four franchises in select markets, World Tavern Entertainment® is geared up to offer franchises nationwide. "It is an exciting time to be at World Tavern, we have proven that our business model works, and franchising allows. Rubio's Fresh Mexican Grill(R) to Open New Restaurant in Anaheim Hills, May 13thRubio's Fresh Mexican Grill will open its third location in the city of Anaheim on Thursday, May 13th, at 5781 East Santa Ana Canyon Road. The San Diego-based chain is introducing a new, more upscale design at its Anaheim Hills restaurant... Sotheby's International Realty Franchise Brand Welcomes New York Real Estate FirmSotheby's International Realty Affiliates LLC today announced that Terrace Realty in Forest Hills Gardens, N.Y., is the newest member of its luxury real estate network. Sotheby's International Realty Brand Welcomes Knoxville Real Estate FirmSotheby's International Realty Affiliates LLC today announced that Debbie Elliott & Associates in Knoxville, Tenn., is the newest member of its luxury real estate network. Sotheby's International Realty Brand Expands Network Presence into the Baltic StatesSotheby's International Realty Affiliates LLC today announced that Baltic Sotheby's International Realty in Riga, Latvia, has joined its luxury real estate network. New Feet Global Franchise Inc. Opens Southern California For Franchise SalesNew Feet Global Franchise Inc., the franchise specializing in arch supports, comfort shoes and related products, today announced that Southern California is now open for franchise sales of the New Feet Store(TM). Auto-Lab Complete Car Care Centers Adds New Monroe Location to MichiganAuto-Lab Franchise Management Corporation, DBA Auto-Lab Complete Car Care Centers, announced the opening of a new store located at 15396 S. Dixie Hwy in Monroe, MI. The store is owned and operated by Auto Repair USA, LLC, and brings the number of... Spicy Pickle Opens Two New RestaurantsSpicy Pickle Franchising, Inc. (OTCBB: SPKL), operator of the fast casual restaurant chains Spicy Pickle in the U. S. and Bread Garden Urban Café in Canada, today announced the opening of a Spicy Pickle restaurant in Temecula, CA and... Mars Venus Success Coaching Adds New Franchisee in GermanySuccess Coach Michael Kubina has opened an office in Ilsede, about 40 km east of the major center of Hanover with a population of over 500,000 and the home base of a major Volkswagen plant. Precision Tune Auto Care signs agreement with Nigerian Company to open stores in Nigeria and GhanaPrecision Auto Care, Inc. (Pink Sheets: PACIPK) signed a master franchise agreement with senior executives of Linkup Global Concept Limited RC (Nigeria) giving that firm's affiliate, Precision Tune Auto Care (Nigeria) Company Limited, a license to open... Guadalajara Welcomes Johnny RocketsExpanding upon the international restaurant chain's growing presence in Central Mexico, Johnny Rockets announces Zapopan, Jalisco as the newest Home of the Original Hamburger. Stepping Up!Merely two years after launching its franchise program, Flip Flop Shops is continuing to expose its toes and "flip-ping out" about the signing of its 50th franchise agreement. Domino's Pizza Opens 9,000th StoreDomino's Pizza (NYSE: DPZ), the recognized world leader in pizza delivery, added to that distinction today by opening its 9,000th store. To celebrate, the company conducted symbolic opening events at two stores, a world apart: the first in... Games2U Entertainment Reaches 100th Franchise MilestoneNational party franchise Games2U Entertainment announced this week the signing of their 100th franchise in Naples, FL.
Countrywide Acquires UK Franchise for Sotheby's International Realty BrandSotheby's International Realty Affiliates LLC today announced the signing of an exclusive 25-year licensing agreement for the United Kingdom with Countrywide, the U.K.'s largest estate agency and property services group. The First 1-800-GOT-MOLD? Franchisee Sees a Real Opportunity to Earn an Excellent Income While Helping People Heal Their HomesJeremy Sparks joined his father in the construction business right after high school, later forming his own company. After years of success in the business, in 2009 he began to feel the economic slowdown. It was harder to find new customers, and the... NexCen Brands Announces Development Agreement to Further Expand Its Franchised Brands in the Middle EastNexCen Brands, Inc. (PINK SHEETS: NEXC.PK) today announced that the Company has signed an agreement with existing master developer, DRH Group Inc. BVI, for the development of four Marble Slab Creamery stores in Egypt, a new market for NexCen's... Better Homes and Gardens Real Estate Expands Reach to South Florida with Addition of Florida 1stBetter Homes and Gardens Real Estate LLC today announced the addition of Florida 1st, a leading Ft. Lauderdale-based real estate brokerage, to its growing national franchise network. Florida 1st will now operate as Better Homes and Gardens Real Estate... Wisconsin Bill Opens Door For Buying Clubs To Enter StateDirectBuy Club, the home improvement and home furnishings club with direct insider prices, has its sights set on Wisconsin after the state's Assembly voted 94-2 to pass a bill designed to create new jobs and increase revenue by opening the door for... The Herman Group Joins ERA Real Estate NetworkERA Franchise Systems LLC, a global franchising leader in the residential real estate industry, today announced it has entered the Denver market and continued its domestic franchise growth in Colorado and Florida. The Herman Group, a leading real... Seattle Real Estate Firm Joins Sotheby's International Realty NetworkSotheby's International Realty Affiliates LLC today announced that Realogics Brokerage, LLC, in Seattle is the newest member of its luxury real estate network. Former Manhattan CEO Signs with Elevation BurgerElevation Burger, a Northern Virginia based chain known for its tasty Organic burgers and patented fresh cut fries cooked in olive oil has added another multi-unit franchising deal to New York and also the first franchisee for Connecticut with... |
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.
|
