March 10, 2010
Topics:Industries:
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Your Franchise Personnel News SourceFranchise News Watch brings you the latest in franchising personnel 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 Personnel NewsRick Davidson Appointed President and CEO of Century 21 Real EstateCentury 21 Real Estate LLC, the franchisor of the world's largest residential real estate sales organization, today announced that Realogy veteran Rick Davidson has been appointed as president and CEO of Century 21 Real Estate. Davidson replaces... Choice Hotels International Promotes Mark Pearce to Senior Vice President, International DivisionChoice Hotels International, Inc. (NYSE: CHH) today announced the promotion of Mark Pearce to senior vice president, international division. Mr. Pearce will continue to report to Bruce Haase, executive vice president, global brands, operations... Ben & Jerry's CEO and VP Global Brand Development, Walt Freese, to Resign to Pursue Other Values-Led Business and Investment OpportunitiesBen & Jerry's CEO and VP Global Brand Development, Walt Freese, has decided to resign from the company to pursue other values-led business and investment opportunities. At the company's request, Walt has agreed to continue to lead Ben & Jerry's... Ian Saunders Named President and Chief Operating Officer for T.G.I. Friday's(R) InternationalAfter an extensive search process, Nick Shepherd, president and chief executive officer of Carlson Restaurants Worldwide, named Ian Saunders as president and chief operating officer for T.G.I. Friday's International and a member of the... ERA Real Estate Appoints Senior Vice President, Franchise SalesERA Franchise Systems LLC announced today the appointment of Anthony Foglia to the position of senior vice president, franchise sales. Foglia brings an impressive track record of franchise sales and leadership experience to Realogy, and he has received... Century 21 Real Estate Appoints Senior Vice President Of Franchise SalesCentury 21 Real Estate LLC, the franchisor of the world's largest residential real estate sales organization, today announced the appointment of James Ramsay as senior vice president, franchise sales. Tropical Smoothie Cafe Appoints Charles Watson as New Vice President of Franchise DevelopmentTropical Smoothie Cafe, a tropical-themed smoothie and sandwich chain with more than 285 locations, announced today that Charles Watson has joined the company as Vice President of Franchise Development. In his new role, Watson will be responsible for... Cartridge World Names Bill Edmiston Chief Development OfficerCartridge World, the world's fastest growing ink and toner remanufacturing retailer and franchisor, announces the appointment of Bill Edmiston as Chief Development Officer. Vic Ciuffetelli is Named a CEO of ActionCOACHAfter working for 22 years in the franchising business, Vic Ciuffetelli has been announced as one of the new CEOs of ActionCOACH, the world's number one business coaching firm. Alejandro De Gyves Named CEO of ActionCOACHAfter serving the ActionCOACH community as a Master Licensee in Mexico for several years, Alejandro De Gyves took over the Latin America territories. More recently, however, he has been named one of four new CEOs of ActionCOACH. Jodie Shaw Named CEO of ActionCOACHAbout a year after she was named Director of Franchise Sales, ActionCOACH has appointed Jodie Shaw as one of its new CEOs. She will take over her new role in January 2010. NYPD Pizza Corporate Director Repositions to Franchise Realm to Assist in Utah DevelopmentUtah NYPD Pizza developers Angelo Zullo and Jim Rodriquez continue to cultivate the Utah region with the expansion of NYPD Pizzeria restaurants. The plan just intensified by obtaining a former Operations Director Marc Piacenza who also happens to be a... Kathryn Taylor Elected to Sonic Corp. Board of DirectorsSonic Corp. (NASDAQ: SONC), the nation's largest chain of drive-in restaurants, today announced that Kathryn L. Taylor has been elected to its Board of Directors. Her election was announced at Sonic's annual stockholders' meeting, which was held today.
Goddard 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... McDonald's Corporation Elects Don Thompson as President and COO; Jan Fields and Jim Johannesen named to lead McDonald's USAJim Skinner, Chief Executive Officer of McDonald's Corporation, today announced that Don Thompson, currently President of McDonald USA, has been elected to the role of President and Chief Operating Officer, with oversight responsibility for the... Wingstop Announces Management Promotions, HiresIn addition to celebrating 25 consecutive quarters of positive comp store sales, opening its first international restaurant in Mexico City and becoming the Official Wings of the Dallas Cowboys, Wingstop expanded its management team in 2009 through... Stevi B's Pizza Names New ExecutivesStevi B's Pizza, the industry's only national premium pizza buffet restaurant, is proud to announce the promotions of Tim Walker to Senior Vice President of Finance, Scott Knight to Vice President of Operations and Brent Hobbs to Senior Director of Franch Alamo Drafthouse Cinemas Names New COOAlamo Drafthouse Cinemas, the nation's oldest cinema-eatery concept showing first-run films - named best movie theater in America by Entertainment Weekly - is proud to announce Craig Paschich as the company's chief operating officer, a newly created... Realogy Appoints Phillip Hugh as Executive Vice President for Domestic Franchise SalesRealogy Corporation, a global provider of real estate and relocation services, today announced Phillip Hugh as executive vice president of franchise sales. In this role, he will lead the domestic franchise sales teams supporting... Domino's Chairman & CEO David A. Brandon Transitioning to Non-Executive Chairman; J. Patrick Doyle to be Named CEODomino's Pizza, Inc. (NYSE: DPZ), the recognized world leader in pizza delivery announced today that Chairman and CEO David A. Brandon will be stepping down as CEO effective March 7, 2010. The Board of Directors plans to elect J. Patrick Doyle as...
Franchise Development Breaking News | Leading Print Franchise Names Phil LeBlanc Vice President of DevelopmentAllegra Network LLC, one of the world's largest graphic communications franchises, recently announced that Signs Now Director of Franchise Development Phil LeBlanc has been promoted to Vice President of Development for Allegra Network LLC, overseeing... Professional One Names Waller VP of OperationsProfessional One Franchising, LLC, a Plymouth, Michigan-based real estate franchisor, today announced the hiring of Todd B. Waller as Vice President of Operations. Waller's more relevant credentials are as follows... Professional One Names Wines Managing DirectorProfessional One Franchising, LLC, a Plymouth, MI-based real estate franchisor, today announced the promotion of Brian Wines, MBA to the position of Managing Director of Southeast Michigan Office Operations. Wines' credentials are as follows...
Church's Chicken(R) Names New Chief Executive OfficerChurch's Chicken's board of directors has announced the appointment of Mel Deane as the company's CEO, effective immediately. For the last 10 years, Deane has worked closely with many of the companies owned by Friedman, Fleischer & Lowe (FFL)...
Brinker International Names Wyman Roberts President of Chili's Grill & Bar and On The Border Mexican Grill & CantinaBrinker International, Inc. (NYSE: EAT), has named Wyman Roberts president of Chili's(R) Grill & Bar and On The Border Mexican Grill & Cantina(R). Roberts formerly served in a dual role as president of the Maggiano's Little Italy brand and Chief.. Carlson Hotels Worldwide Appoints Michael Hutchins as Vice President of Development for Radisson Hotels & ResortsCarlson Hotels Worldwide today announced the appointment of Michael Hutchins to the position of vice president of development for Radisson Hotels & Resorts for the Eastern United States and Canada. Radisson is the flagship, full-service brand for the. ERA Real Estate Names Anne Blumenstein Vice President of MarketingERA Franchise Systems LLC announced today the appointment of Anne Blumenstein to the position of vice president of marketing. Blumenstein brings more than 20 years of integrated marketing experience to her new role, as well as a successful track record... Benihana Inc. Names Christopher P. Ames as Chief Operating OfficerBenihana Inc. (NASDAQ: BNHNA; BNHN), operator of the nation's largest chain of Japanese theme and sushi restaurants, announced today that Christopher P. Ames has been named Chief Operating Officer, effective immediately. Juan C. Garcia will continue as...
Andy Skehan Joins Wendy's/Arby's Group as Senior Vice President, Wendy's/Arby's InternationalWendy's/Arby's Group, Inc. (NYSE: WEN) today announced organizational changes in its international subsidiary. The announcement is part of the Company's strategic initiative to further develop the Wendy's(R) and Arby's(R) brands in markets outside of...
Extreme Brandz Names Mark Cunningham Executive Vice President of International Operations and Business DevelopmentExtreme Brandz, the franchisor and operator of more than 265 restaurants in the United States and Canada under the brand names Extreme Pita, Mucho Burrito and Pureblendz, announces the appointment of Mark Cunningham as Executive Vice President of... 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... Famous Dave's Names Wallace B. Doolin to its Board of DirectorsFamous Dave's of America, Inc. (NASDAQ: DAVE) today announced that it had appointed Wallace (Wally) B. Doolin, former president and chief executive officer of Carlson Restaurants Worldwide (CRW) and TGI Friday's ("Friday's") and former chairman and... Rubio's(R) Restaurants, Inc. Announces Executive AppointmentRubio's Restaurants, Inc. (Nasdaq:RUBO) announced today the promotion of Marc S. Simon to the newly-created position of Chief Operating Officer, reporting to President and Chief Executive Officer Daniel E. Pittard. In his new role, Mr. Simon will... Taco Del Mar Announces New CFOTaco Del Mar Franchising Corp. appoints Rick Braa as the company's new Chief Financial Officer. Taco Del Mar, a quick service Mexican restaurant chain featuring big Baja beach-style Mondo Burritos and fish tacos, has more than 240 locations throughout... Veteran Development Executive Rob Streett Joins Mrs. Fields and TCBY as Brands Begin Aggressive Expansion PlansMrs. Fields Famous Brands, LLC, which includes Mrs. Fields Cookies and TCBY, The Country's Best Yogurt, announces aggressive expansion plans both domestically and abroad as well as the hire of Rob Streett as Senior VP Development. Signs Now President Named Allegra Chief Development OfficerAllegra Network LLC, one of the world's largest print and graphic communications franchises, recently announced that Signs Now President Steve White, has been appointed as the company's Chief Development Officer. White will be responsible for managing...
Papa John's Announces Management Team PromotionsPapa John's International, Inc. (NASDAQ: PZZA) today announced three promotions from within the company on its management team: Tim North to Senior Vice President, North American Operations; Annette Calhoun, to Vice President, Human Resources... Senior Marketing Executive to Lead Wyndham Rewards Loyalty ProgramWyndham Hotel Group has appointed Robin Korman to oversee Wyndham Rewards®, the world's largest lodging loyalty program with more than 6,000 participating hotels in over 20 countries. Choice Hotels International Appoints Lou DeMarco as Vice President of TaxChoice Hotels International, Inc. (NYSE: CHH) would like to announce the appointment of Louis S. DeMarco to the newly-established role of vice president, tax for the organization. Mr. DeMarco will report to David White, senior vice president, chief financ Dunn Bros Coffee Franchising, Inc. Appoints New PresidentDunn Bros Coffee Franchising, Inc., a market leader in specialty coffee, is pleased to announce the appointment of Dunn Bros Coffee Chief Financial Officer, Kim Plahn, as President and CFO. In her new role, Plahn will oversee company operations... Choice Hotels Names Edward J. Valle Chief Marketing StrategistChoice Hotels International, Inc. (NYSE: CHH) today announced that it has named Edward J. Valle (48) chief marketing strategist. In this position, he will provide leadership for the company's consumer marketing efforts. His oversight will include... |
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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