March 11, 2010
Topics:Industries:
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Your Staffing Franchise News SourceFranchise News Watch brings you the latest in staffing franchising news from around the web. As a news aggregator for the staffing franchise industry, Franchise News Watch streams the latest ground breaking franchise articles, features, guides, blogs, news and more directly to your desktop.  Staffing Franchise NewsCareersUSA(R) Princeton's Melissa Tenzer Named Vice Chair of the Princeton Regional Chamber of CommerceThe Princeton Regional Chamnber of Commerce has recognized CareersUSA Princeton's Melissa Tenzer, who is approaching her ninth year in business as the owner of her temporary and permanent staffing agency, as a key chamber member. Homewatch CareGivers Releases New "Guide to Legal and Financial Planning Needs for Seniors" to Help Families Plan for Critical DecisionsAs part of its ongoing program of helping to provide families with information they need to make informed decisions, Homewatch CareGivers has released its latest resource, entitled "Guide to Legal and Financial Planning Needs... Labor Finders Produces a New Video on Black Market Labor & Its Effect on the EconomyLabor Finders International wants the American public to know about the effect of undocumented laborers working in the United States. Black market workers do not pay taxes nor do they carry workers compensation insurance. In addition, Labor Finders... Spherion Corporation Announces Name Change to SFN Group, Inc.Spherion Corporation (NYSE:SFN) today announced that the company has changed its name to SFN Group, Inc. The name change will become effective immediately and the company's common stock will continue to be listed on the New York Stock Exchange and... Homewatch CareGivers Now Serving Essex, Morris and Union CountiesSouth Orange's Larry Aronson, a former executive with Revlon, Warner Lambert, and Procter & Gamble, has teamed up with Homewatch CareGivers, the largest, most experienced international provider of full-service home care, to deliver vital, high-quality 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... 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.
Homewatch CareGivers Opens New International Office in Guatemala, Adding a Sixth Country to Its Global NetworkHomewatch CareGivers, the largest and most experienced international franchise provider of full-service home care, has opened its newest international location in Guatemala, the sixth country within the Homewatch CareGivers' network, joining the 180...
Anticipated Turnaround Prompts Development Of Aggressive Recruiting PlansWhile the national unemployment rate remains high at 10 percent, a November jobs report showed areas that have historically been precursors for future economic growth – an increase in temporary hiring, growth in the business services job sector, a r
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...
Spherion Announces Third Quarter 2009 Financial ResultsSpherion Corporation (NYSE: SFN) today announced financial results for the third quarter ended September 27, 2009. Labor Finders International Wins the Prestigious ASA Care Award: Labor Finders Served Hope to the HomelessLabor Finders International won the 2009 American Staffing Association's prestigious Care Award, which recognizes outstanding corporate social responsibility initiatives among ASA member companies and affiliated chapters. A panel of independent... 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... 10 til 2 Announces New Office in Northern Virginia10 til 2 is pleased to announce that its newest franchisee, Jessica Cosgriff, has opened an office serving the Alexandria/Fairfax area of northern Virginia. Jessica previously worked in the D.C. area in association management. 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... Homewatch CareGivers 'We Care for Veterans' Program Provides 20 Hours of Free Care to Veterans and their FamiliesTo honor the service and sacrifice of U.S. military personnel, Homewatch CareGivers, the largest and most experienced international franchise provider of home care, is offering up to 20 hours of free in-home care to disabled or injured U.S. military... Fast-Teks of Northern Somerset and Morris Counties, N.J., Launches TekTalkNJ BlogFast-teks of Northern Somerset and Morris County, NJ, has recently launched TekTalkNJ, a new blog to provide clients with computer and repair resources. The TekTalkNJ blog is posted at www.TekTalkNJ.com and covers Mac and first aid PC repair... Homewatch CareGivers and Bark Busters USA Team Up to Provide Seniors with Helpful Guidelines to Dog OwnershipTwo industry-leading franchise companies, both based in metro Denver, are teaming up to help senior citizens and their dogs. Homewatch CareGivers, the largest, most experienced provider of full-service in-home care, and Bark Busters, the world's... Express Named AARP's Best Employers for Workers Over 50Express Employment Professionals was recently named one of AARP's Best Employers for Workers Over 50 for the second year in a row, according to Robert A. Funk, founder and CEO of Express. Homewatch CareGivers New, Expanded Pathways to Memory(TM) Program to Help Enhance Cognitive Function for Patients with Memory LossBased on the ground-breaking program released in 2005, Homewatch CareGivers, the largest, most experienced international provider of full-service home care, announced the release of its newly expanded Pathways to Memory™ Program, a set of... 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... Labor Finders Offers an Ounce of Protection for Workers During the Dog Days of SummerThe "Big C"… Cancer, the word alone will send shivers up your spine. In the United States, according to The Skin Care Foundation, one in five people will get skin cancer, which is not only one of the most preventable cancers but is one of the most.
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...
Homewatch CareGivers Takes the Lead in Quality Controls, Caregiver ScreeningAt a time when nursing home inspections reveal poor quality control measures and negligent hiring lawsuits and elder abuse reports are on the rise, in-home care industry leader Homewatch CareGivers, after careful review of 10 national background... Homewatch CareGivers Launches New Program to Recognize "Family Caregiver of the Year"Homewatch CareGivers, the largest, most experienced international provider of full-service in-home care, launched a new program today designed to recognize the care, compassion, and sacrifice of family caregivers. Nominees for the "Family Caregiver of... Homewatch Caregivers Receives Franchise 50 AwardHomewatch CareGivers, the largest, most experienced international provider of full-service in-home care, received the Franchise 50 Award from Franchise Business Review. The 4th annual Franchisee Satisfaction Awards are presented to the top 50...
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...
Homewatch CareGiver's Announced as Silver Sponsor World's Largest Medical Tourism Conference in Los Angeles October 26th-28th 2009The World Medical Tourism & Global Health Congress would like to announce Homewatch CareGivers as a Silver Sponsor for the 2nd Annual World Medical Tourism & Global Health Congress on October 26-28th, 2009. The 2nd Annual World Medical Tourism... Anticipated Turnaround Prompts Development Of Aggressive Recruiting PlansWith the recruiting efforts of companies across the board slowed to a trickle, many business leaders are beginning to worry about how they will ramp up hiring quickly when the economic turnaround is a reality. Those companies that put a recruiting...
Labor Finders Working with the Arbor Day FoundationIn celebration of Arbor Day (April 24) and Earth Day (April 22) Labor Finders International, Inc., will be planting a tree in honor of every new customer that uses one or more workers during the month of April 2009.
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... Westaff Announces Receipt of Stockholder Approval to Adopt Merger Agreement with Select Staffinga leading provider of staffing services announced today that it received approval from its stockholders to adopt the merger agreement between Westaff and Koosharem Corporation (dba Select Staffing) at a special meeting of stockholders held earlier... CareersUSA(R) Named Among Top Minority BusinessesCareersUSA is proud to announce its selection as one of The Greater Miami Chamber of Commerce's Top 100 Minority Businesses. This award recognizes CareersUSA for its demonstrated achievements in overall growth, as well as excellence in...
Westaff, Inc., Signs New Forbearance Agreement with U.S. Bank National Association and Wells Fargo Bank, National AssociationWestaff, Inc. (NASDAQ:WSTF), a leading provider of staffing services, today announced that it has entered into a third-amended and restated forbearance agreement with U.S. Bank National Association and Wells Fargo Bank, National Association effective... |
Features & Special ReportsMeasuring Performance: Multi-unit Franchisees Utilize Unit Economics to Help Run a Tighter ShipMulti-unit franchisee Todd Pulley knows all about measuring unit performance and profitability - even though he had no prior financial background before becoming a franchisee. Over the last 15 years though, he has developed and refined his own system for measuring his unit economics at his four PuroClean locations in New Jersey and Delaware. The effort is paying off. Is it Time for an Operating Cost Audit?: Franchise Tenants Unite!When was the last time you challenged a landlord or property manager about the operating expenses or common area maintenance (CAM) charges? Probably not recently or never, right? To clarify, operating costs are the day-to-day management and maintenance expenses charged to the tenant; examples include asphalt repairs, snow removal, property insurance, and so on. Franchise tenants pay a proportionate share of these costs based on the space they occupy. Therefore, if a franchise tenant occupies 12 percent of a building, he or she will pay for 12 percent of the operating costs. Paying by this said ratio is the industry standard but, of course, there are deviations for special circumstances like free-standing buildings and so on. "Old School" Communication: Cell Phone Texting Builds Customer TrafficConsidering the wide-ranging abilities of today's smartphones, simple text messaging may seem passé, but it's a basic social media tool that's working wonders for Chris Kramolis' franchise operation. He's been using text messages to build business and compile a database of his customers--and he doesn't see any reason to deviate from something that's working. Discovering Oil: Multi-unit Operator Strikes it Rich with Oil Change FranchisesDarrell Lamb remembers toiling away in the heyday of the mid-90s stock market. He was always searching for new investors, and on the lookout for hot investments. One day some of his advisers told him about an opportunity - a chance to invest in the Express Oil Change franchise. He had reason to trust the advisers since they were his uncle, who was president of the company, and his dad, an Alabama optometrist who was always interested in investing in growing ventures. Capital AccessDustin Winkle was a victim of the dot-com crash a few years back. While pondering his next career move, he visited with family members who operated some dry cleaning stores. He liked what he heard and purchased his first Martinizing Dry Cleaners stores six hours away in Yakima, Wash. It was a long commute from his home in Boise, Idaho, but he loved the business. Three years later his family was ready to sell its dry cleaning stores and Winkle was more than happy to buy some units closer to home. Today he operates 10 Martinizing Dry Cleaning stores (and one non-Martinizing unit) in the Boise area. Multi-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.
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