March 10, 2010
Topics:Industries:
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Your Franchise Media Coverage News SourceFranchise News Watch brings you the latest in franchising media coverage 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 Media Coverage NewsZpizza Grabs Peta2 Awardzpizza, the fast casual pizza chain, has won the Libby Award for Most Vegan-Friendly Restaurant Chain from peta2, the world's largest youth animal rights organization. The fourth annual Libby Awards... Christian Companion Senior Care Named to 2010 Hot 100 ListOklahoma City-based Christian Companion Senior Care, the nation's first senior care franchise to combine practical and spiritual assistance, has been named to the 2010 Hot 100 Franchise List by the RedHotFranchises.com board of directors. Coldwell Banker Commercial Affiliates Named to Prestigious 2010 Bersin & Associates Learning Leaders ProgramColdwell Banker Commercial Affiliates LLC today was one of 25 organizations named to the fourth annual Bersin & Associates' 2010 Learning Leaders Program. The Coldwell Banker Commercial® learning team was honored for its Emerging Broker Training ( Sotheby's International Realty Brand Honored by Franchise Business ReviewSotheby's International Realty Affiliates LLC today announced it won Franchise Business Review's Best in Category for Real Estate Franchisee Satisfaction award for the third year in a row. Genghis Grill - Ranks #2 on the Fifth Annual Fast Casual Top 100Genghis Grill – The Mongolian Stir Fry is well-known for its fresh, hot and healthy food, for its style of fun service, featuring build your own bowl - an INTERACTIVE style of exhibition cooking. Snap-on Tools Named Top Tool Franchise for Franchisee SatisfactionSnap-on Franchise has been named the top tool franchise and one of the top 30 franchises for franchisee satisfaction in Franchise Business Review's (FBR) 2010 rankings. This fifth annual study of franchisee satisfaction identifies top franchise... Century 21 System Tops $100 Million Raised for Easter SealsCentury 21 Real Estate LLC, the franchisor of the world's largest residential real estate sales organization, today announced that with the $2.1 million raised by its franchise system in 2009, it has surpassed $100 million in funds raised for...
Robeks Launches 'Hearts for Haiti' Campaign Donating $1 From Every New Chocolate Covered Strawberry Smoothie(TM) to Wyclef Jean's Yele Haiti FoundatioIn the aftermath of the deadly Haitian earthquake, Robeks - a premium fruit smoothie and healthy eats national restaurant chain - will launch a "Hearts for Haiti" fund raising campaign, tying donations to a new... Lee's Sandwiches Raises $20,000 With Coffee PromotionLee's Sandwiches raises $20,000 with their Lee's Coffee fundraiser on Saturday, January 30, which was created to donate all their total coffee sales for that day to Red Cross America. Vocelli Pizza Delivers 3,000 Pizzas in BlizzardDespite a record-setting snowfall, Vocelli Pizza, a local pizza chain, braved the blizzard conditions to deliver 3,000 pizzas in time for a Super Bowl Party for thousands of navy midshipmen. Historically the busiest pizza-delivery day of the year, the... Budget Blinds System Honored Five Times in 2010Budget Blinds, the nation's largest window covering franchise, has been recognized for excellence five times within the first two months of the year by Entrepreneur®, AllBusiness.com and Service Industry Advertising Awards (SIAA). Vanguard Cleaning Systems Achieves Highest Franchise 500 RankingVanguard Cleaning Systems, Inc. was ranked #30 in the 2010 Entrepreneur Magazine's Franchise 500 issue. The annual rankings are released each January, and are based on several factors including growth in the number of franchises, overall annual revenue... Realogy Companies Cartus, CENTURY 21 and Coldwell Banker Each Named to the Training Top 125Realogy Corporation, a global provider of real estate and relocation services, recently had three of its companies receive accolades at the Training 2010 Conference & Expo in San Diego. Specifically, Cartus Corporation, Century 21 Real Estate LLC... Stratus Building Solutions Ranked Number One New Franchise by Entrepreneur MagazineStratus Building Solutions, the St. Louis-based franchisor of building services and maintenance franchises, has been named the Number 1 New Franchise, the Number 3 Fastest-Growing Franchise and the Number 13 Overall Franchise in Entrepreneur magazine's... NiteLites of Ft. Myers and Naples honored with President's Club AwardInnovators within the Landscape Lighting Industry, NiteLites of Ft. Myers and Naples received the distinguished President's Club Award for 2009 at the NiteLites National Sales Conference. Winners of the President's Club Award have shown tremendous... Bruegger's Celebrates National Bagel Day, Tuesday February 9Tuesday, February 9th is National Bagel Day, a day that Bruegger's Bagels, founder of the retail bagel concept and holder of the Guinness Book of World Records' title for largest bagel, takes very seriously.
Vocelli Pizza Serves 3,000 Pizzas to Naval AcademyAfter winning an informal taste-test by US Naval Academy midshipmen, 7 Vocelli Pizza stores will work together to fill a 3,000-pizza order placed with Eric Chadwick and Mark Broadhurst's Annapolis-area Vocelli Pizza franchises. 1,500 cheese and 1,500... D'Angelo And Papa Gino's Begin Annual Coupon Promotion To Support Easter Seals And The Genesis FundOn February 1, D'Angelo Grilled Sandwiches and Papa Gino's restaurants will kick off their 33rd annual coupon campaign to support Easter Seals and The Genesis Fund. BounceU of Sarasota Hosts "Families Helping Haiti" FundraiserThe tragedy of the recent Haitian Earthquake has touched the lives of thousands and individuals around the country are looking for ways to help. Local business owner of BounceU of Sarasota has taken it upon herself to make a difference by working with...
CAR-X Auto Service Offers Vehicle Safety Inspections in San Antonio, TXDoug Stine, Car-X Auto Service Store Manager in San Antonio, TX, was featured in an NBC News 4 WOAI story on Tuesday, January 26, 2010, about the Toyota recall involving sticking accelerator pedals. Vanguard Cleaning Systems Ranks #6 in the AllBusiness Franchise AllStar 300AllBusiness, Dun & Bradstreet's small business advisory company, recently released its annual Franchise 300 rankings of national franchise systems and ranked Vanguard Cleaning Systems # 6. Participating U.S. BURGER KING(R) Restaurants to Accept Donations for Haiti Disaster Relief Beginning Jan. 21Burger King Corp. (NYSE:BKC) today announced that approximately 1,000 company-owned BURGER KING(R) restaurants across the United States will be accepting donations to The American Red Cross' Haiti disaster relief efforts from Jan. 21-31. Participating... IHG Encourages Its Loyalty Program Members to Donate Points to Haitian Earthquake ReliefInterContinental Hotels Group (IHG) [LON: IHG, NYSE: IHG (ADRs)] is encouraging its 47 million members of its guest loyalty program, Priority Club® Rewards, to donate their points to the American Red Cross for Haitian Earthquake Relief. Build-A-Bear Workshop Sends Hugs to Haiti Earthquake Relief EffortBuild-A-Bear Workshopannounced today initiatives to provide support for children and families affected by the earthquake in Haiti. Foot Solutions Stores Worldwide, on Behalf of Soles4Souls, Are Collecting Gently Used Shoes for the Victims of the Earthquake in HaitiFoot Solutions, on behalf of Soles4Souls, the international charity dedicated to providing free footwear to people in desperate need, is asking the public to drop off their gently used shoes at any of their 240 worldwide locations and or contribute... Toys'R'Us Children's Fund Donates $150,000 to Save the Children to Support Haitian Relief EffortsAs part of its ongoing commitment to keep children safe and help them in times of need, the Toys"R"Us Children's Fund today announced a $150,000 donation to help Save the Children in its efforts to provide immediate relief to victims of the... ERA Real Estate to Host "Saving the Dream of Homeownership" Seminar in NashvilleERA Franchise Systems LLC will be conducting a homeownership seminar that is open to the public as part of its first sponsorship of the 25th Annual Stellar Awards, the premier Gospel music event. Realogy Charitable Foundation to Raise Funds for American Red Cross Disaster Relief Efforts in HaitiRealogy Corporation, a global provider of real estate and relocation services, today announced its campaign to raise funds through the Realogy Charitable Foundation to support the victims of the catastrophic earthquake that devastated Haiti on Jan. 12.
Saladworks Named #1 Salad Franchise by Entrepreneur MagazineSaladworks, the nation's first and largest fresh-tossed salad franchise concept, has been named the nation's #1 salad franchise by Entrepreneur Magazine for 2010. Natick Ben & Jerry's Best in the Nation!Lars Mohlin's Facebook page describes his Ben & Jerry's store as "The Best Ice Cream Store in the World!!!" This week, the company agreed. Ben & Jerry's headquarters proudly recognized Sudbury residents Lars and Anneli Mohlin, owners of the... Red Fridays @RedBrick Pizza Supports Our Troops Through Operation Helping HandRedBrick Pizza Worldwide's Charity Cafe Foundation has partnered with Operation Helping Hand to show appreciation to our troops at war and to provide assistance to families of injured soldiers who were wounded in the Iraq and Afghanistan wars. Growth is a 'Snap': Fitness Franchise Ranked Among Fastest Growing Franchises in Entrepreneur Magazine's Franchise 500Snap Fitness has been named one of the top 500 franchises in the United States, ranking #51 in Entrepreneur Magazine's Franchise 500 . A fast-growing franchisor of state-of-the-art 24/7 express fitness centers, Snap Fitness was also ranked as the... NYPD Pizza Franchisees Gives Back to CommunityThe community driven NYPD Pizza Utah developers Angelo Zullo and Jim Rodriquez always knew they wanted to give back to the community that help make NYPD Pizza so successful for their Layton and Draper locations. They now found the perfect way to do... Aaron's, Inc. to Celebrate BCS National Championship Winning Team With Commemorative NASCAR Paint SchemeAaron's, Inc. (NYSE: AAN) is already a winner when it comes to this year's BCS National Championship football game between the University of Alabama and the University of Texas. As a corporate sponsor of both universities' athletic programs, Aaron's is...
Zpizza Ranks High on 2010 Industry Listszpizza, the fast casual pizza chain, was recently named to the AllBusiness 2010 "AllStar Franchise" list, a comprehensive listing of the nation's top 300 franchise companies. The popular pizza chain was also ranked #302 in Entrepreneur Magazine... Vanguard Cleaning Systems Achieves Highest Franchise 500 RankingVanguard Cleaning Systems, Inc. was ranked #30 in the 2010 Entrepreneur Magazine's Franchise 500 issue. The annual rankings are released each January, and are based on several factors including growth in the number of franchises, overall annual revenue... FSBI's Business Coaching Brands Dominate the Franchise 500 & AllStar 300 RankingsIt's been a decade of dominance for FranchisEsource Brands International's (FSBI) four franchise business coaching brands as they are once again honored on the business industry's top picks list including Entrepreneur Magazine Franchise 500 and the... With GNC Live Well Foundation Support, Children's Hospital of Pittsburgh of UPMC Opens State-of-the-Art Fitness Center for CaregiversWhen the Children's Hospital of Pittsburgh's HB4Life (Healthy Behaviors for Life) Center officially opens today, visitors will see a state-of-the-art fitness center for the hospital's caregivers. But they will also see the ongoing contribution to the... Investors & Entrepreneurs Choosing Max Muscle Sports Nutrition In Record NumbersThe year 2009 underscored a national trend showing that Health Care and Exercise taking center stage ranging from the American Medical Association issuing a nationwide directive that every American needs a daily multivitamin supplement... Great Clips Franchise Ranked 20th Among AllBusiness Franchise AllStarsAllBusiness.com, a wholly owned subsidiary of Dun & Bradstreet, recently released its 2010 Franchise AllStar 300 listing and the Great Clips franchise opportunity once again ranked as the top hair salon business franchise opportunity. Dutch Bros. Coffee Gives Back with Buck for Kids Day, Dec. 11Following its motto of making a difference one cup at a time, Dutch Bros. Coffee will donate proceeds from every beverage sold on Friday, Dec. 11 to local children's organizations as part of its annual company-wide 'Give Back to the Community' program. Snap Fitness Recognized as One of Twin Cities' Fastest Growing Companies By Minneapolis/St. Paul Business JournalSnap Fitness, the fast growing franchise system featuring compact, state-of-the-art fitness centers has 'muscled' its way to the top of the Minneapolis/St.Paul Business Journal's "Fast 50". Domino's Teams Up with Multiple Partners to Deliver Fire Safety Throughout the Month of OctoberAs people across the nation turned back their clocks for Daylight Savings Time on Nov. 1, Domino's Pizza delivered an important fire safety message to encourage consumers to change the batteries on their home smoke alarms. Hoping to make the 2009 fire...
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Features & Special ReportsMulti-Tasking: What It Takes To Be A Successful Multi-Unit FranchiseeTwenty years ago, franchising meant buying the rights to and opening a single unit or business. But a changing trend has taken hold during the last two decades. Today, it's not uncommon for a single franchise operator to have 5, 6, or even dozens of units. FRANdata research notes the number of multi-unit operators now tops 34,000, and those operators control more than 155,000 franchised units in the U.S. It's a growth strategy that has proven effective but it should be approached with caution. Multi-unit operators are generally wired differently then their single-unit counterparts. Successful multi-unit operators are typically experienced, skilled, professional business executives who have chosen franchising as their business model. They possess the skills, training, capital, infrastructure, and vision to operate numerous units and have the ability to continue adding units to their portfolio--without stressing their organization or their stomach. Episode 006: The Benefits of a Franchise ModelFranchising provides benefits for both seller and buyer. For franchisors, the primary benefit is the ability to use other people's money to expand the brand more rapidly than they could either on their own or through investors or lenders. The initial franchise fee and ongoing royalties they collect allow franchisors to build their brand without sacrificing control to outsiders or the pressure of repaying lenders. Measure for Measure: Unit Economics Plays a Leading Role on Today's Economic StageThe most fundamental business strategy calls for black numbers on the bottom line. In simplest terms, it's proof the business is generating more cash than it is spending. All too often, though, entrepreneurs get involved in businesses without employing a proper system to help them keep a watchful eye on what they're earning and what they're spending. Managing day-to-day operations can be so time-consuming that it leaves little room for financial analysis. Or perhaps key individuals lack a basic understanding of how to read and interpret financial statements. Combine these factors with the down economy, and you'll likely wind up with a troubled business. Service Based Franchising: Where the Action IsLast week we ended our discussion of service concepts with the point that many of these businesses are based on customers making the choice to trade money (surplus) for time (deficit). The example we used was maid services, where time-starved customers spend money to buy time they can spend with their family and friends. Other examples of businesses built on services that customers could perform themselves but choose to pay someone else for include lawn and landscaping services, residential painting, oil change, and installation of home entertainment systems. Seven Steps to Fiscal Fitness: A "Fiscal Physical" Will Help Your Business Survive, Grow, and ProsperIn the few minutes it takes you to read this article, 40 businesses across the nation will fail--and that statistic was [i]before[/i] the economic downturn of the last 24 months. Tragic? Yes. Remarkable? Not at all. The road to business success is littered with the skeletons of companies whose owners--mostly brilliant and skilled individuals--failed to "take care of business" in the financial management of their enterprise. Service Based Franchising: What Franchisors WantWhen you first consider franchising as a business model, one of the choices that arises is which type of business, in which sector, suits you best. One basic choice is to make is goods or service; another is retail or home-based. In previous months, we've explored ways to find the sector, and the franchisor, most likely to give you the best chance of success. More recently, in the previous four weeks, we've discussed the attributes franchisors look for in franchise candidates in the retail sector and in the home-based sector. Here we apply the same lens to the services sector. Let's begin with the similarities. All franchisors want candidates who follow the system, pay royalties on time, possess marketing skills and savvy, know how to run a business, show leadership and growth potential, are good communicators, and are expansion-minded, community-oriented, and willing to give back to the system. Franchisors look for these skills whether you choose a service, retail, B2B, or other concept. Margaritas Mix: Franchise Veterans get on Board for Franchise LaunchThe south-of-the-border spirit of great Mexican food and authentic art could soon spread throughout New England and beyond, thanks to a new franchising and area development agreement rolled out by Margaritas Mexican Restaurant. The Winner's ColumnAs savvy franchise companies continue to flourish in this challenging economy, FUSR will 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. How To Work Franchise Trade Shows, Part 3: Quick Tips For Greater Success - And What To Do After The ShowThis last installment of a three-part series provides quick tips for greater success at the show, and the final ingredient for making the most of your trade show spend: what to do after you get back to the office to increase your franchise sales. Franchisors: Spread the Word on Tax CreditsThere are three essential areas of focus in a successful business: operations, sales, and financials. For the purpose of this discussion, let's assume you have a well-run operation and are doing as good a job as possible to maintain or increase sales. For most businesses, the easiest and most fun parts of the business are running it and having lots of happy and repeat customers.
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