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Your Fitness Franchise Personnel News SourceFranchise News Watch brings you the latest in fitness franchising personnel news from around the web. As a news aggregator for the fitness franchise industry, Franchise News Watch streams the latest ground breaking franchise articles, features, guides, blogs, news and more directly to your desktop. Gold's Gym Announces a Pair of Promotions in Franchise Development DepartmentGold's Gym announced today the promotion of Chris Finch to Senior Director of International Franchising and Paul Summers to Senior Director of U.S. Franchising for Gold's Gym. The promotions are reflective of their high performance and business... GNC Names Robert M. Kral as Senior Vice President of MerchandisingGeneral Nutrition Centers, Inc. today announced the appointment of Robert M. Kral as Senior Vice President of Merchandising. In that position, he will report directly to Beth Kaplan, President and Chief Merchandising and Marketing Officer. Retrofitness Strengthens Executive Team with Leaders from the Business IndustryRetrofitness, a unique 1980's-themed gym chain, is pumping up its executive team as Eric Casaburi, founder and CEO, announced today the hire of two key executives, Robert Sprechman and Richard Roser. Both have been brought on to lead the company's... Personal Fitness Training & Nutrition Franchise: Cracking the Codes on Fitness & FranchisingPersonal Training Institute (PTI), a unique fitness concept that provides personal fitness training and nutrition consultation to every client has moved slowly into franchising since its inception in 2000. GNC Names Michael M. Nuzzo as Executive Vice President and Chief Financial OfficerGeneral Nutrition Centers, Inc., the largest global specialty retailer of nutritional supplements, today announced that it has named Michael M. Nuzzo, as Executive Vice President and Chief Financial Officer. In that role, he will report directly to Joe... Fitness Together Announces Executive PromotionsFitness Together Holdings, Inc. (FTHI), the world's largest wellness organization, recently announced the following promotions and organizational changes to better support the expanding franchise network. Gold'S Gym Strengthens International Expansion Efforts With New Director Of Franchise Development For Asia-Pacific RegionGold's Gym, the most recognized name in fitness, announced today that Marc R. Eisman has joined the company as Director of Franchise Development and Support, Asia-Pacific. 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... Max Muscle Sports Nutrition Names Mick Riddiough Senior Vice President of Worldwide DevelopmentMax Muscle Sports Nutrition, the nation's premier franchise in sports nutrition, weight loss and fitness, announces the appointment of Mick Riddiough as Senior Vice President of Worldwide Development. Fitness Together Franchise Holdings Names Jeff Jervik President and CEOFitness Together Franchise Holdings, Inc. has named Jeff Jervik to the position of president and CEO effective immediately. Athletic Republic performance sports training names Tanya Porter Vice-PresidentAthletic Republic Chief Science and Technology Officer Steve Swanson announced today the appointment of Tanya Porter as Vice-President of Training and Technology. Athletic Republic Names Tad O'Had Vice-President of HockeyAthletic Republic CEO Charlie Graves today announced the appointment of Tad O'Had as Vice-President of Hockey. Gold's Gym International Names Mike Feinman Chief Operating OfficerGold's Gym International (GGI), the largest co-ed gym chain in the world and most recognized name in fitness, announced today that it has hired Mike Feinman to serve as Chief Operating Officer. Athletic Republic Builds All-Star Management TeamAthletic Republic CEO Charlie Graves has been busy building his management team, making the following recent appointments: Kevin Barker, Vice President of Sales; Tricia Kobos, Vice President of Operations; Trajan King, Vice President of Finance... 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. Fitness Together Names New Corporate PresidentFitness Together Franchise Corp. (FTFC), the world leader in wellness, who recently sold their 500th personal training franchise, has named Kevin Betts as its new president. New CEO at Contours Express Sees Tremendous Growth Potential for Fitness BusinessContours Express, a women's circuit training gym franchise second only to Curves International, welcome's their new CEO, Jose I. Perez, Jr. Mr. Perez enters his new position with plans to educate consumers on the difference between weight-bearing... |
Franchising 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. |