March 10, 2010
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Your Medical Franchise News SourceFranchise News Watch brings you the latest in medical franchising news from around the web. As a news aggregator for the medical franchise industry, Franchise News Watch streams the latest ground breaking franchise articles, features, guides, blogs, news and more directly to your desktop.  Medical Franchise News5 Ways Therapeutic Massages can help Fight off the FluScheduling a regular massage can have more than just relaxation benefits. In fact, massage therapy has many physical and emotional health benefits as well. Studies have shown that including massage therapy in your daily wellness routine can have many... BrightStar Announces National Partnership with Mr. Handyman InternationalBrightStar, a full-service healthcare staffing agency that provides medical and non-medical home care, announces its national partnership with Mr. Handyman, the nation's largest full-service home repair and maintenance franchise and the number one... Snap-on Incorporated Declares Quarterly DividendThe Snap-on Incorporated (NYSE: SNA) board of directors declared today a quarterly common stock dividend of $0.30 per share payable March 10, 2010 to shareholders of record on February 25, 2010. Snap-on has paid consecutive quarterly cash dividends... International Franchise Association Names Shelly Sun 'Entrepreneur of the Year'BrightStar Co-Founder and CEO Shelly Sun received one of the franchising industry's highest honors yesterday by the International Franchise Association as its Entrepreneur of the Year during its 50th Annual Convention in San Antonio, TX. Houston's Massage Heights Opens Its 12th Location in WeslayanWeslayan Massage Heights in Houston opens its doors in time for the most romantic day of the year -- Valentine's Day. Massage Heights Houston opened its 12th Houston massage spa location on Friday, February 5th, 2010 in the Weslayan area of Houston. Nurse Next Door Supports Canadian Olympic Athlete Alex HarveyWhile multi-million dollar Olympic sponsorship might be out of the reach of most local small businesses, Nurse Next Door, Canada's fastest growing homecare franchise system, has found a unique way to support a Canadian Olympic athlete and is... Snap Fitness Promotes Gary Findley To Chief Operating OfficerSnap Fitness, the world's fastest growing franchise featuring compact, state-of-the-art fitness centers, announces the promotion of Gary Findley to Chief Operating Officer. Houston's Massage Heights Opens Its 11th Location in Royal OaksJust in time for one of the most romantic holidays for couples -- Valentine's Day -- Massage Heights Houston opened its 11th Houston location on December 18th, 2009 in the Royal Oaks area of Houston. 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...
Snap Fitness Ranked No. 1 in Growth Category by the AllBusiness AllStar Franchise RankingsSnap Fitness continues to flex its muscle as one of the top franchise companies. The fastest growing franchise system featuring compact, state-of-the-art fitness centers recently ranked No. 1 in the growth rank category for the second consecutive year... First National Urgent Care Franchise Opens in Beaumont to Redefine HealthcareAt a time when Congress is debating different ways to overhaul the nation's health care system, two local business owners will use their business backgrounds to create a new remedy for Beaumont's ailing health care system. Snap Fitness Opens 1,000th ClubLess than six years after opening its first club, Snap Fitness, the fast growing franchise system featuring compact, state-of-the-art fitness centers, announces the opening of its 1,000th club in Saint Paul, Minnesota. Nurse Next Door Named #1 Employer in BCAmid turbulent economic times, Nurse Next Door, Canada's fastest growing home care franchise system, is proud to announce that it has been ranked as the top employer in British Columbia by BCBusiness Magazine.
Doctors Express Announces Its First Urgent Care Center in Metro Atlanta AreaDoctors Express, a unique new urgent care treatment concept, plans to open its first Atlanta area facility in Buckhead by early December. To be located on the ground floor of the new Piedmont West Medical Building at the intersection of I-75 & Howell. Nurse Next Door Looks to Provide Safer Living for Local Seniors During National Fall Prevention Week 2009With the majority of accidental deaths among seniors aged 75 and older the result of falls, fall prevention has become an increasingly important issue in Canada. With this knowledge, Nurse Next Door is giving back to the communities it serves through... 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". Physical Therapists from Tucson and Omaha Named 2009 Therapists of the Year by Interim HealthCarePhysical therapists Ed Onofrio of Tucson, Ariz., and Nina Van Beaumont of Omaha, Neb., have been named the 2009 Interim HealthCare Therapists of the Year. Interim is the nation's largest combined home health care and medical staffing provider...
Medifast Weight Control Centers Open New Location in Austin, TXMedifast, Inc. (NYSE: MED) today announced the grand opening of its fourth Medifast Weight Control Center in Austin, TX. The new Medifast Weight Control Center is located at Gateway Shopping Center... BrightStar of DuPage County Acquires Always There Resources Home Care ClientsBrightStar of DuPage County, a full-service healthcare staffing agency that provides medical and non-medical home care, announced that as of October 5, 2009 it has acquired the home care clients and caregiver employees of Always There Resources... New Survey Reveals Need for More In-Home Care Services in Mid-AtlanticAs the cost of healthcare continues to be at the forefront of U.S. Government debate, a recent survey reveals that more than 40 percent of hospital case managers may only provide information regarding private duty in-home care services if it is... Alison McElroy Named General Counsel of Snap FitnessSnap Fitness, the world's largest and fastest growing franchise featuring compact, state-of-the-art fitness centers, announces the appointment of Alison (Ali) McElroy as general counsel of the company, effective June 2009. Oakville / Burlington Awarded 2009 Franchise Partner of the Year AwardNurse Next Door is proud to announce that, this past weekend, Christopher and Lori Paton accepted the company's 2009 Franchise Partner of the Year Award on behalf of their Oakville / Burlington, Ontario franchise. Nurse Next Door Celebrates Local Seniors with "We Love Caring for Seniors Day"As Nurse Next Door's second annual conference gets underway, and dozens of pink wrapped cars descend on downtown Vancouver, don't be alarmed if you're offered a free pink carnation or a heart shaped balloon. Nurse Next Door's franchise partners from... Nurse Next Door Launches First Saskatchewan FranchiseWith Saskatchewan seniors currently accounting for more than 15% of the provincial population, the needs of this group are becoming increasingly important. With the demographics demanding it, Vancouver-based Nurse Next Door Home Healthcare... Nurse Next Door Launches First Saskatchewan FranchiseWith Saskatchewan seniors currently accounting for more than 15% of the provincial population, the needs of this group are becoming increasingly important. With the demographics demanding it, Vancouver-based Nurse Next Door Home Healthcare Services... Snap Fitness Ranks in Top 20 of Inc. 500Snap Fitness has 'muscled' its way among the Top 20 of Inc. Magazine's annual ranking of the country's 500 fastest-growing private companies. BrightStar Ranks In Top Half of Inc. 500 Fastest Growing Private CompaniesBrightStar, a full-service home health service provider and staffing agency, has been included in Inc Magazine's recently released Inc. 500 ranking of the fastest-growing private companies in America. The company is listed at #217 in its ranking... BrightStar Welcomes New Member to the Corporate TeamBrightStar Franchising, LLC is excited to announce the addition of the newest member of their corporate team. Bill McPherson has assumed the role of Senior Vice President of Global Development and will play a key role in BrightStar's plans to expand...
Consumers Encouraged To Add Personal Health Records (phr) To Hurricane Preparedness ChecklistWith hurricane season upon us, more than 35 million Americans are at risk for Atlantic hurricanes, and potentially so are their medical records. According to the National Ocean and Atmospheric Administration, there is a 70 percent chance of having... Despite Recession, BrightStar Continues Expansion of Caregiving NetworkAs the first wave of baby boomers approaches retirement age, BrightStar is at the forefront of the movement. Responding to the growing need for personal care, the full-service health care staffing agency is continuing to embark on its large-scale... Massage Heights' New 'Mojito' Services offer Consumers a Taste of Paradise without the HangoverInspired by the popular and refreshing summer drink that combines sugar, lime, and mint, Massage Heights' exclusive Mojito Foot Scrub and Coco Mojito Glow services help consumers across the country escape, relax and reenergize this summer. Massage Heights Offers Bradenton Residents a Local EscapeLocal Bradenton residents will soon find they will not have to travel far to get away from the daily grind, with the opening of the state's third Massage Heights on June 13 in Bradenton at 5275 University Parkway, Unity 110. Massage Heights is a... Massage Heights Launches International Expansion, Plans for 125 Canadian FranchisesAfter experiencing exponential franchise growth and creating more than 1,200 jobs in the U.S. since 2004, Massage Heights, the nation's fastest growing membership-based massage therapy franchises, has announced an aggressive international expansion... Snap Fitness Announces Expansion into Australia and New ZealandSnap Fitness, the world's fastest growing franchisor of compact, state-of-the-art fitness centers, announced today a partnership with a privately-held, Australian-based area development group headed by Rozlyn Barker, formerly of Goodlife Health Clubs... Nurse Next Door Wins 14th Annual Cultural Diversity Award for BusinessWith a staff that collectively speaks over 50 different languages and represents nearly 100 different countries, Nurse Next Door Home Healthcare Services has been awarded the 2009 Cultural Diversity Award for Business in the 26+ employee category. Medifast Weight Control Center Opens in Austin, TXedifast, Inc. (NYSE: MED) today announced the grand opening of its newest Medifast Weight Control Center in Austin, Tx. The new Medifast Weight Control Center is located at The Shops at Arbor Trails, 4301 W. William Cannon, Bldg. B. Suite 226... Massage Heights Receives Approval for SBA Franchise Registry ListingMassage Heights, a national membership-based massage therapy franchise, announced today that the U.S. Small Business Administration (SBA) has listed Massage Heights on its official Franchise Registry. The Franchise Registry is a compilation of... Energy Saving Partnership Forged Between Energy Automation Systems, Inc. (EASI) and West Virginia Manufacturing Extension PartnershipEnergy Automation Systems, Inc. (EASI) and the West Virginia Manufacturing Extension Partnership (WVMEP) have forged a partnership that will lower the consumption and costs associated with electrical energy usage for manufacturing and industrial... eMed-ID, World's First Medical Identification Franchise, Opens Tampa Bay Market for Franchise SaleseMed-ID, the world's first medical identification franchise providing consumers with a personal USB device that will expedite emergency responders treatment of trauma victims or those unable to communicate, is rapidly expanding its national footprint... Massage Heights Offers Novato Residents a Local EscapeLocal Novato residents will soon find they will not have to travel far to get away from the daily grind, with the opening of the state's third Massage Heights on April 3 in Novato. Massage Heights is a membership-based, therapeutic... Nation's Largest Home Care Provider Welcomes New Management Team to San Francisco OfficeThe nation's largest and most experienced provider of in home support and recovery services has announced a new management team for its San Francisco location. Interim HomeStyle Services first opened its San Francisco office in 1984 to provide... Nurse Next Door Ranked Among Top Franchise SystemsNurse Next Door Home Healthcare Services took another step forward on its journey to becoming a globally admired brand with recognition as North America's 6th best midsize franchise system. Franchise Business Review (FBR), an international franchise... Massage Heights Reports 16 Percent Increase in Same-Store Sales in Last YearDespite weak consumer spending on vacations and luxury goods and services, Massage Heights, a national membership-based massage therapy franchise, reported today an impressive 16 percent increase in same-store sales from 2007 to 2008. World's First Medical Identification Franchise Launches NationallyeMed-ID, the world's first medical identification franchise, announced today the launch of its low-cost, home-based franchise concept , providing consumers with a personal USB device containing their full medical history, which can then be easily... Taking Tranquility to New Heights: Massage Heights Opens Second Des Moines Franchise LocationSoothing music, relaxing aromatic candles, a clean and calming environment, and experienced massage therapists. All these are available at Massage Heights, the new, luxurious therapeutic massage clinic located at 2732 SE Delaware, Suite 260 in Ankeny. Change For The Country = Change For The Bidens Vice President's Family Faces Same Decision as Millions: How to Care for Mom?While Michelle Obama's mother, Marian Robinson, moves into the White House to help with childcare, Joe Biden's sprightly mother, Jean, is in for some life changes of her own. Ms. Biden, who is in her early nineties, has lived with her son and his... |
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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