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Franchise News
A Guide to Franchise Financing December 08, 2009 So you've decided to buy a franchise. Congratulations! Franchising is a great way to go into business for yourself with reduced investment risk. Associating with an established company provides instant name recognition as well as access to training and ongoing support to help ensure your business is a success.
IFA RECOMMENDATION TO INCREASE SBA LOAN LIMITS GAINS SUPPORT FROM PRESIDENT OBAMA October 28, 2009 IFA Urges Passage of Legislation to Enhance SBA Loan Programs
Interest in franchise opportunities skyrockets due to layoffs February 20, 2009 COLLEGE HUNKS HAULING JUNK, the largest US-based Junk Removal franchise opportunity experiences 300% increase in franchise inquiries in the wake of shaky job market.
Great Harvest Bread Honored as World-Class Franchise: Whole grain bakery franchise recognized with ‘highest honor’ by Franchise Research Institute December 22, 2008 Dillon, Mont., – The Franchise Research Institute has recognized Great Harvest as a "World-Class Franchise" based on significant research. Great Harvest has received the hono
Jo To Go America, Inc. Launches Co-Branded Franchise Concept March 05, 2008 Jo To Go America, Inc., franchisor of Jo To Go Coffee, is carving out a completely new niche in the increasingly competitive specialty coffee industry. As coffee wars brew between industry giants over iced coffee and flavored lattes, Jo To Go America, Inc. has launched a completely new co-brand concept that pairs authentic Mexican cuisine with specialty coffee.
Faulk joins other black athletes to buy Burger King franchises August 20, 2007 Kevin Faulk is sweating it out on the field at training camp with the rest of the New England Patriots, but that's not the only place he's planning on making an impact this season.
UK Franchises- The growth of franchising July 19, 2007 According to caterersearch.com, the number of franchised outlets in the hospitality sector increased last year and more businesses are franchising as a way of growing a successful brand.
Loan Program Offers Big Benefits to IFA Members June 30, 2007 Gary King has owned the Management Recruiters of Tampa North franchise since 1989, leasing Class A office space. In 2002, he and his wife, Gail, purchased land and built the 4,500-square-foot King Professional Center where MR is the primary occupant. Just prior to closing the deal with conventional financing, the Kings discovered the U.S. Small Business Administration 504 loan program. Their successful application reduced their equity contribution from 25 percent to 10 percent, saving them more than $50,000.
Why Running a Franchise Is Easier Than Ever June 28, 2007 Bob McQuillan runs a tight ship at his Hollywood Tans franchise in Arlington, Va. He knows precisely when workers clock in and out, who each of his daily customers are and which employees are selling what products, at regular price, or discount. But there's a twist: He's doing all this micromanaging from home -- 133 miles away in Mullica Hill, N.J.
Local frame shop owner finds satisfaction outside corporate life June 28, 2007 Fred Sischka, owner of FastFrame, a frame shop in downtown Los Altos, made a decision to take the road less traveled and he never looked back.
Dreaming of Opening a Franchise? Personality a Big Plus June 21, 2007 Turns out, an entrepreneur's personality can sometimes pack more punch than the pocketbook. For companies shopping franchises to potential applicants, the necessary credentials have shifted from the bank account to intangible personal qualities - competitive drive, intuition and engaging personality. With personal quizzes, hours of face-to-face interviews and on-the-job evaluations, companies hope to whittle down the throng of potential franchisees, reaping richer returns in the process.
Doing Business With Dad June 21, 2007 "(My son) Eric was always complaining about the politics and structure of corporate life," said Gary GrefRath, 66. So Gary, who taught a small business management course at the community college, decided that the two of them should start their own small business.
Franchising Evangelist Has Tasted Success, and Wants to Pass It On June 15, 2007 Richard Sharoff had just sold his 21 Boston Market restaurants and was trolling for his next big thing about 10 years ago when he happened across a small chain of underperforming Kansas City ice cream shops in need of some marketing.
Viva La Franchise May 07, 2007 In 2004, Enrique Roselli, an executive at Pepsi co., decided that after 17 years it was time to be his own boss. The self-described corporate refugee's extensive operations background and the "incredible business opportunity in Vegas" helped build his new franchise business, AlphaGraphics, and within two years of starting he'd tripled sales. Mr. Roselli said starting his franchise – AlphaGraphics, with almost 300 shops, is the nation's largest franchise print shop – has been one of the best business decisions he's ever made. "I got a call from a [corporate] headhunter a month ago about a [job] opening in Europe. I said, 'I'm not going back, heck no, I'm having too much fun.' " Read the complete post at HispanicBusiness.com.
EBay drop-off stores rethink business model May 05, 2007 The get-rich-quick fantasy is fading for the eBay drop-off store business. The recent years' explosion of grand openings by independent operators and franchisors ready to help consumers sell the stuff in their attic online appears to have slowed as experience proves how hard it can be to make a profit.
Blue Moon has an appetite for expansion May 05, 2007 The Wyckoff-based Blue Moon Mexican Cafe restaurant chain Wednesday announced plans to sell franchises, a move the company hopes will grow the chain to dozens of locations in the Northeast from five eateries as it addresses Americans' appetite for Mexican cuisine.
Federal Trade Commission Approves Amendments to the Franchise Rule January 25, 2007 Yesterday, the Federal Trade Commission approved final amendments to the Franchise Rule. This is a significant development for the entire franchise community, and signals for the first time that franchise disclosure regulations promulgated in the 1970's are being retooled to address the environment in which franchise business operate in the 21st century. The phase-in period for the new Rule will be July 1, 2007 to June 30, 2008. Between those dates, either the current or the new Rule format will be accepted by the FTC; after the latter date, only the new disclosure format will be accepted.
Top 10 Franchises for 2007 January 03, 2007 Entrepreneur magazine has released it's annual top 10 franchises for the year 2007: |
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