September 05, 2010
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Your Franchise News SourceFranchise News Watch brings you the latest in franchising 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 News
Investors "Shape Up" Portfolios with RetroFitness(R) FranchiseRetroFitness has the "workout regimen" for today's investors. Freshii Franchise Opens Doors With Fast, Fresh, Customizable Menu In BrentwoodOn August 30th, the first of several Freshii locations in Los Angeles will celebrate its grand opening in epicurean Brentwood at 11740 San Vicente Boulevard/Gorham. Joining the community's zeal for green and healthy, Freshii will debut its delicious, full Smashburger Franchise Announces New Location In CypressBurger lovers in the Cypress district of Houston will be treated to a new dining destination when Smashburger, a fast-casual "better burger" restaurant, opens its ninth Houston-area location on Wednesday, September 22, 2010. The restaurant will open at 14 PuroClean Franchise Sees Three-Year Sales Growth of 182%, Ranks No. 1579 on Inc. Magazine's 2010 List of 5000 Fastest- Growing Private CompaniesInc. magazine ranked PuroClean No. 1579 on its fourth annual Inc. 5000, an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy -America's indepen Roni Deutch Tax Center Moves Her Tax Preparation Franchise Company to The Natomas Area of Sacramento, CaliforniaThe Tax Lady Roni Deutch and her tax preparation franchise company recently moved its corporate headquarters to 3840 Rosin Court, Suite 200 Sacramento, CA 95834.
Nurse Next Door Launches U.S. Franchise OperationsNurse Next Door Home Healthcare Services, one of North America's fastest growing franchise systems, is taking a major step towards achieving its long-term vision. The leading senior home care franchise system in Canada is now launching its much anticipate
BrightStar Franchise Announces International Expansion Into CanadaAfter nearly six years of exponential franchise growth in the United States, BrightStar, a full-service healthcare staffing agency that provides both medical and non-medical homecare, announces its expansion into Canada with the awarding of a Master Franc
Fitness Franchise, Fitness Together Named to The Inc. 5000Fitness Together Holdings, Inc., has been named to The Inc. 5000, Inc. Magazine's Fourth Annual Exclusive List of America's Fastest-Growing Private Companies. The list represents the most comprehensive look at the most important segment of the economy, Am Unishippers Franchise of Long Beach Ranks on Inc. 5000 ListUnishippers Global Logistics, LLC, the nation's first and largest small package and freight shipping reseller, announced today that the Unishippers of Long Beach franchise has been named to the 2010 Inc. 5000 list. This is the second consecutive year that Burger King Corp. Franchise Named One of "40 Best Companies for Diversity" by Black Enterprise MagazineBlack Enterprise magazine has named Burger King Corp. (NYSE: BKC) one of the "40 Best Companies for Diversity" in the publication's 6th Annual Diversity Report, which is a comprehensive analysis of the top 1,000 publicly-traded companies and 50 leading gl $5 Footlong Subs Now At SUBWAY(R) Restaurants Across AmericaAll Day, Every Day - Any Regular Footlong Sub Sandwich for Only $5.00! That outstanding $5.00 value has arrived at participating U.S. SUBWAY® restaurants as the focus of a nationwide limited-time promotion. Pro Energy Consultants Franchise Invests in Resources to Manage GrowthPro Energy Consultants, the leading national building performance franchise, continues to experience healthy growth despite the weak U.S. economy. As such, the company continues to invest in its infrastructure by adding additional resources to manage this The Bancorp Bank Approves $4 Million Expansion Funding Program for New FASTSIGNS(R) Franchise CentersFASTSIGNS®, the world's premier business-to-business marketing solution, sign, and graphics franchise, announced today that it has been approved for a new franchisee lending program created by The Bancorp Bank ("Bancorp"), a wholly owned subsidiary of Great Clips franchisees give high marks to the brands back-to-school promotionGreat Clips and Old Navy, with a fleet of 1,065 stores throughout the United States and Canada, are launching their back-to-school promotion in back-to-back years. Sotheby'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. BookKeeping Express Franchise Unveils Major Las Vegas Expansion PlanBookKeeping Express, the first U.S. franchise focused solely on certified bookkeeping services, has announced plans to expand across the Las Vegas market through local franchise ownership. Health-Oriented Energy Kitchen Franchise Signs Agreement for Three Local Restaurants; Offers Fast Food Without the GuiltEnergy Kitchen, a Manhattan-based fast-casual chain whose health-centric menu features no meal that exceeds 500 calories, announces the signing of an area development agreement for three restaurants in Westchester County, N.Y.
Business Coaching Expert Offers Free Webinar for Landscape Contractors throughout SeptemberJonathan Goldhill, owner of The Growth Coach of Los Angeles, a business coaching franchise that serves small business owners throughout the region, is offering landscape contractors nationwide a free webinar throughout the month of September. The webinar, Calling all Citizens: If You Want Your Free Paciugo Pack, We'll Need to See Your PassaportoPaciugo Gelato & Caffè is inviting customers on a sweet travel journey that offers big rewards and freebies. Bruegger's Franchise Announces Second Quarter Financial ResultsBruegger's Enterprises, Inc. (BEI) announced today that the system showed positive sales growth during the second quarter ending July 13, 2010. The 428-unit restaurant operator recognized sales of $58.7 million, a 2.5 percent increase over the second quar PuroClean Franchise Sees Three-Year Sales Growth of 182%, Ranks No. 1579 on Inc. Magazine's 2010 List of 5000 Fastest- Growing Private CompaniesInc. magazine ranked PuroClean No. 1579 on its fourth annual Inc. 5000, an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy -America's indepen Schlotzsky's Franchise Cruises the Mother Road with Three Hot New ChicksAs the weather cools down and fall breezes in, Schlotzsky's wildly successful Route 66 promotion is winding its way toward California, offering three new limited-time-only signature sandwiches and a chance to win a classic American car perfect for the dri IFA Urges Senate To Act On Small Business Lending BillThe International Franchise Association has urged the Senate to include a substitute amendment to the Small Business Lending Fund Act (H.R. 5297) that extends important provisions first enacted by the American Recovery and Reinvestment Act and modernizes Burger King Holdings, Inc. Franchise to Be Acquired by 3G CapitalBurger King Holdings, Inc. (NYSE: BKC) (the "Company") and 3G Capital today announced that they have entered into a definitive agreement under which affiliates of 3G Capital will acquire the stock of the Company for $24.00 per share, or $4.0 billion, incl Massage Envy(R) Franchise to Host Massage for the Cure Fundraising Event to Benefit Susan G. Komen for the Cure(R)On Tuesday, September 14, 2010, Massage Envy will team up with Susan G. Komen for the Cure to help win the fight against breast cancer by hosting Massage for the Cure. During this national one-day Massage for the Cure event, Massage Envy centers will offe Margaritas Mexican Restaurant Franchise Named Tops in New EnglandDiners have spoken, and the verdict is clear: Margaritas Mexican Restaurant is the best place to find south-of-the-border cuisine in New England. Cybertary Franchise Mom-Inspired, Kid-ApprovedPatricia Beckman empathizes with working moms and others who want to kick corporate life to the curb.
Chipotle Mexican Grill, Inc. Franchise Announces Second Quarter 2010 ResultsChipotle Mexican Grill, Inc. (NYSE: CMG) today reported financial results for its second quarter ended June 30, 2010. Pizza Inn Franchise Veteran Bob Singh Signs Area Development Agreement for Another 20 YearsPizza Inn, Inc. (Nasdaq:PZZI) today announced that veteran franchisee and Mississippi area developer Bob Singh, of Greenwood, Miss., who has been with the system for more than 30 years, has signed a new Area Development Agreement, committing to another 20 SERVPRO Offers Emergency Preparedness TipsThroughout September, in recognition of the seventh annual National Preparedness Month (NPM), activities and events will take place across the country to highlight the importance of emergency preparedness and to promote individual involvement in preparati
FORTUNE Magazine Names Panera Bread(R) Franchise to '100 Fastest-Growing Companies' ListFORTUNE magazine has named Panera Bread (NASDAQ: PNRA) to its 2010 list of 100 Fastest-Growing Companies, a first for the Company. Panera is one of only two restaurant concepts to make the 2010 list. BrightStar Franchise Announces International Expansion Into CanadaAfter nearly six years of exponential franchise growth in the United States, BrightStar, a full-service healthcare staffing agency that provides both medical and non-medical homecare, announces its expansion into Canada with the award of a Master Franchis |
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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