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: : October 2008

Snap plans overseas expansion. Snap Fitness Inc. has hired former Curves International Inc. executive Gary Findley to help the company muscle its way into markets abroad. .... [more] 31 Oct, 2008
Burger King profit misses view, keeps outlook. Burger King Holdings Inc posted a lower-than-expected quarterly profit on Friday as commodity costs and other expenses hurt margins, but the world's No. 2 hamburger chain stood by its full-year outlook. .... [more] 31 Oct, 2008
Bankrupcty claims Brooke, gives franchisees hope. Brooke Corp. is headed for a fire sale in bankruptcy court, and two Kansas businessmen hope to salvage something from the ashes. .... [more] 31 Oct, 2008
Chili's parent Brinker counts on international restaurant growth as U.S. economy sags. With the U.S. economy sagging, franchisees of Brinker International Inc. will open restaurants outside the U.S. at a pace that rivals domestic growth, the company's chief executive said Thursday. .... [more] 30 Oct, 2008
7-Eleven aims to convert stores by 2012. Convenience store operator 7-Eleven is continuing its push to convert most company-owned and operated stores into franchise operations. .... [more] 30 Oct, 2008
Dunkin' Donuts Opens West Virginia for Franchise Sales. Dunkin' Donuts, America's favorite everyday, all-day stop for coffee and baked goods, is in the midst of a national expansion to increase its franchised locations in the U.S. .... [more] 30 Oct, 2008
Diedrich Coffee Submits Application to Transfer the Listing of its Common Stock to the NASDAQ Capital Market. Diedrich Coffee, Inc. today announced that it submitted a transfer application to the NASDAQ Stock Market to transfer the listing of its common stock from the NASDAQ Global Market to the NASDAQ Capital Market. .... [more] 30 Oct, 2008
Freshii Announces National Franchising. Freshii founder and CEO, Matthew Corrin, began his career dressing runway models and working under fashion icon, Oscar de la Renta. Today, the young and driven CEO is launching a nationwide expansion plan for his new brand, Freshii. .... [more] 29 Oct, 2008
Goddard Schools Thrive, Grow Despite Economic Trends. When Goddard Systems, Inc., opens its 300th franchise school on Nov. 8, it will be added evidence that the company's growth continues, even in a challenging economy. .... [more] 29 Oct, 2008
Truck cleaning coming to S.A. Frank Hatcher III is trading in his 14 years of U.S. Army service - he's an IT systems administrator - to wash trucks. This summer, he signed up with Orange Park, Fla.-based Superior Wash to be a franchisee for Central Texas and has since lined up clients in San Antonio, Austin and Killeen. .... [more] 29 Oct, 2008
U.S. Military Veteran Opens Pizza Franchise Under Little Caesars Veterans Program. Little Caesar Enterprises, Inc. today celebrates another store grand opening under the Little Caesars Veterans Program as former United States Army Helicopter Pilot Warrant Officer Tony Ceppaluni opens his doors for business. .... [more] 29 Oct, 2008
Au Bon Pain Announces Franchise Honors. Au Bon Pain today announced award winners for outstanding franchisees and employees at the company's recent annual meeting. The awards recognized individuals who best exemplify the company's passion to go beyond the ordinary for its guests. .... [more] 29 Oct, 2008
Saxbys drinks up Bucks County Coffee. About 15 Bucks County Coffee locations around the region will become Saxbys Coffee Worldwide stores in coming months. .... [more] 29 Oct, 2008
Curves Kailua closes its doors. Curves, a fitness center for women, closed its doors in Kailua earlier this month due to financial issues, leaving some 270 members in the lurch. .... [more] 29 Oct, 2008
Brooke Corp., Brooke Capital file for Chapter 11 bankruptcy. Brooke Corp. and Brooke Capital Corp. filed for reorganization Tuesday in U.S. Bankruptcy Court in Kansas, continuing the insurance franchisor’s long financial struggle. .... [more] 28 Oct, 2008
McDonald's Coffee Strategy Is Tough Sell. After unveiling plans earlier this year to sell espresso drinks at all of its U.S. locations, McDonald's Corp. now faces a fresh set of challenges. The weak economy has prompted some consumers to brew coffee at home instead of buying it at coffee shops. .... [more] 28 Oct, 2008
Krispy Kreme Encourages Voters. On Election Day, Nov. 4, 2008, participating Krispy Kreme stores will offer one free star-shaped doughnut with red, white, and blue sprinkles to each customer wearing an "I Voted" sticker. .... [more] 28 Oct, 2008

Local franchisee of The Curtain Exchange plans up to 10 new U.S. stores next year. Tanner-Meyer Group LLC has opened Curtain and Bedding Outlet, the first outlet store in The Curtain Exchange franchise, and plans are in place to develop as many as 10 new Curtain Exchange stores in the U.S. next year. .... [more] 28 Oct, 2008
Franchisee buying all 37 Applebee's in D-FW, Waco. A franchisee has signed a deal to buy all 37 Applebee's restaurants in the Dallas, Fort Worth and Waco areas, the parent company said this week. .... [more] 28 Oct, 2008
Home Based Franchises Help Supplement Incomes in the Midst of Struggling Economy. With the economy down and unemployment rates up, Americans all across the country are supplementing their incomes and guarding against the credit crunch by investing in their own home based franchises says Franchise Direct. .... [more] 28 Oct, 2008
Jittery Joe's names new vice president of operations. Jittery Joe's Franchising, a coffee roaster and cafe chain, has appointed Kim Collins as its new vice president of operations. .... [more] 28 Oct, 2008
Stroller Strides Franchises Succeed Despite Economic Climate. One small business that's proven to provide an invaluable service despite the shaky consumer climate is Stroller Strides - a franchised stroller exercise program for new moms found in over 800 national and Canadian locations. .... [more] 28 Oct, 2008
Red Roof Inn Introduces Unprecedented NextGen Incentives for Franchisees. Launched in April, Red Roof’s NextGen™ prototype signaled a brand new direction for one of the country’s leading economy lodging brands. .... [more] 28 Oct, 2008
Freddy's franchisees swap ideas. Freddy's Frozen Custard franchisees gathered Monday in Wichita with an eye toward growth and retaining the company's values. .... [more] 28 Oct, 2008
Nothnagle seeks to grow nationally with franchises. Despite tough economic times, Nothnagle Realtors is about to embark on a regional expansion that will be a step toward going national, company officials said Monday. .... [more] 28 Oct, 2008
Choice Hotels enters boutique business. Choice Hotels, known for franchise brands Comfort Inn and Econo Lodge, is looking to sign up unique, independent hotels across the country. .... [more] 27 Oct, 2008
Economy Slowing, Lawn Care Still Growing. Millions of households are cutting back as energy prices rise, home values drop and credit tightens during the current economic downturn. But according to the William Rosenberg International Center of Franchising, businesses that aid busy two-income families are maintaining their success. .... [more] 27 Oct, 2008
Trading halted on Brooke stocks. Stock trading for both Brooke Corp. and Brooke Capital Corp. has been shut down by Nasdaq since Thursday. .... [more] 27 Oct, 2008
AIM for FAST Success in Franchising Now a Reality. Targeting both aspiring and seasoned franchisees, the nation's premier Business Coaching firm, The Entrepreneur's Source (E-Source), and E-Myth(R) Worldwide are launching a certified business-education program based on the business success principles of E-Myth Worldwide. .... [more] 27 Oct, 2008
NexCen Brands Expands Franchised Stores Internationally. NexCen Brands, Inc. today announced that it has expanded its franchised stores internationally through the opening of 43 stores to date in 2008 outside the United States and through the entry into multi-year agreements that provide for the opening of a minimum of an additional 160 stores in eight countries. .... [more] 24 Oct, 2008
Driven Brands buys Maaco Franchising. Driven Brands Inc., the parent company of Meineke Car Care Centers Inc., has acquired Maaco Franchising Inc. .... [more] 24 Oct, 2008
Mrs. Fields Emerges from Bankruptcy. Mrs. Fields’ Original Cookies, Inc. announced today that it has emerged from Chapter 11 bankruptcy with an improved balance sheet, a good working capital position, and new ownership. .... [more] 24 Oct, 2008
Diedrich Coffee Receives Deficiency Letter From NASDAQ. Diedrich Coffee, Inc. today announced that it received a Nasdaq Staff Deficiency Letter on October 20, 2008 indicating that for the last thirty consecutive trading days, the Company's common stock has not maintained a minimum market value. .... [more] 24 Oct, 2008
Regis Corp. will cut acquisition spending. Customer are spending less, and Regis Corp. will follow suit in 2009, the company said on Thursday. Citing slower spending and reduced visits to salons, Regis said that it would cut its capital and acquisition budgets for fiscal 2009 by $35 million to $40 million. .... [more] 24 Oct, 2008
Gymborees Abruptly Close; Other Play Centers Step In. TAMPA - Local Gymboree Play & Music centers abruptly closed their doors today, a day after the bankruptcy of the local franchise owner was changed to a liquidation. .... [more] 24 Oct, 2008
Marriott Owners and Franchisees Recognized for Hospitality Excellence. Marriott International, Inc. honored top full-service owner and franchise partners at an annual conference held recently. .... [more] 24 Oct, 2008
Bennigan's to focus on pub fare post-bankruptcy. Bennigan's diners can expect a bigger emphasis on booze, burgers and other bar and grill fare in the days and months to come, the new owner of the chain said Thursday. .... [more] 23 Oct, 2008
Brooke Corp. lays off 52 more. Already scheduled to be in Phillipsburg today to help laid-off Brooke Corp. workers, employment officials were greeted with news that additional layoffs had taken place Tuesday. That's when another 52 employees were laid off at the Phillipsburg office of the financially beleaguered Brooke Corp. .... [more] 23 Oct, 2008
RadioShack's profit rises in 3Q. Electronics retailer RadioShack saw its third-quarter profit rise 8 percent on increased comparable same-store sales. .... [more] 23 Oct, 2008
Snap-on Announces Record Third Quarter 2008 Earnings. Snap-on Incorporated today announced operating results for the third quarter of 2008. .... [more] 23 Oct, 2008
Skinner: McDonald's is 'Recession Resistant'. With the "Plan to Win" in full swing, it's rarely news when McDonald's reports strong quarterly earnings. But amidst an economic crisis, it is surprising to see a company post a 7.1 percent increase in global same-store sales which McDonald's reported in its third-quarter statement released today. .... [more] 22 Oct, 2008
Burger King worries over credit crunch impact. The global downturn is pushing consumers to Burger King's stores in search of cheaper dining, but the company is worried that a prolonged credit crunch could hurt its franchisees' borrowing ability. .... [more] 22 Oct, 2008
Sale of Bennigan's Franchising approved. Investment firm Atalaya Capital Management has obtained approval from a federal bankruptcy court to buy Bennigan’s Franchising Co., the parent company of the remaining Bennigan’s franchisees that survived a Chapter 7 bankruptcy filing. .... [more] 22 Oct, 2008
Metromedia Steakhouses files Chapter 11. Metromedia Steakhouses Co., which operates the Ponderosa Steakhouse and Bonanza Steakhouse brands, has filed for Chapter 11 bankruptcy protection. .... [more] 22 Oct, 2008
T.G.I. Friday's Restaurants Announce Expansion of Casino Restaurant Operations. Following the extraordinary success of the T.G.I. Friday's restaurant at The Orleans Hotel and Casino in Las Vegas, T.G.I. Friday's restaurants today announced the opening of four new T.G.I. Friday's restaurants located within casinos in Las Vegas over the next six weeks. .... [more] 22 Oct, 2008
Smashburger Secures Franchise Group for 30-Store East Coast Expansion. Smashburger, a fast-casual “better burger” concept recently launched and funded with $15 million by private equity and concept development firm Consumer Capital Partners, has secured its first franchisee and “Founders Club” member, New Jersey-based Mascott Corporation. .... [more] 22 Oct, 2008
Great Clips Opens Boston for Franchise Sales. Great Clips, Inc., the largest walk-in hair salon brand in North America, is rapidly expanding its footprint with today's announcement that Boston is now open for franchise sales. More than 200 salons are projected for the greater Boston area. .... [more] 22 Oct, 2008
Bishops Barbershop Targets Seattle for Franchise Sales. Bishops Barbershop, cuts and colors for men and women, today announced the launch of a franchise development plan in the U.S. .... [more] 22 Oct, 2008
INTEREST - Republicans Spend More at Domino's. For the third consecutive week, Republicans participating in the Domino's Pizza Tracker Poll, launched Oct. 7 on the company's Web site, spend more money per order than Democrats do. .... [more] 22 Oct, 2008
Owners Say Franchisers Pass on More Costs. Some franchisees say they are being forced to pay for a variety of expenses for the first time -- making difficult economic times even tougher. .... [more] 21 Oct, 2008
Popeyes honors top franchisees. Popeyes Louisiana Kitchen, a division of AFC Enterprises Inc., has announced the recipients of its franchise awards at its annual International Franchise Conference, held in Scottsdale, Ariz. .... [more] 21 Oct, 2008
Pizzerias caught in the credit crunch. As the credit crisis reverberates through the economy, dough is getting tight for pizza companies. The tightening credit markets have forced several pizzeria operators to put expansion plans on hold as sources of financing dry up. .... [more] 21 Oct, 2008
Brooke names Baranowski as CEO, details turnover of board. Carl Baranowski has been named as president, CEO and secretary of Brooke Corp. after a housecleaning that has left the company with a board of directors consisting of one person. .... [more] 21 Oct, 2008
Peter Piper picks new CEO. A former FedEx Kinko's vice president has been named chief executive officer of Peter Piper Inc. The Phoenix-based pizza franchise has tapped Joseph Luongo Jr. to head the private-equity-owned firm. .... [more] 21 Oct, 2008
Quiznos Franchisees Walloped by Recession. While the recession and banking crisis have taken a toll on the entire restaurant industry, a number of Quiznos franchisees claim to have been disproportionately affected. .... [more] 20 Oct, 2008
Vote for franchising on Nov. 4. An estimated 100 million Americans don't vote on Election Day. To help the franchising community register to vote and make it to the polls on Nov. 4, the International Franchise Association created the Web site .... [more] 20 Oct, 2008
Sonesta To Add U.S. Franchises. The upscale Sonesta International Hotels Corp. is on track to become a bigger player in the corporate travel market as it embarks on an aggressive growth plan, begins courting domestic franchising opportunities and readies for the launch of a new rewards program. .... [more] 20 Oct, 2008
Papa Romano’s and Mr. Pita opens in Houston. Papa Romano’s and Mr. Pita have opened a co-branded restaurant in Houston. The new unit, which features the foods of both Papa Romano’s and Mr. Pita, is the first of 80 locations the chains plan to open in Houston. .... [more] 20 Oct, 2008
Former Bojangles' Management Team Acquires Qdoba Mexican Grill Franchises. QCarolina Restaurants LLC, led by former Bojangles' CEO Joe Drury, announces the acquisition of Qdoba Mexican Grill restaurants which currently operates 16 restaurants in North Carolina and 2 in Tennessee. .... [more] 20 Oct, 2008
Franchise Business Consultant Jeff Brake Launches is an assessment-driven website dedicated to helping solve the question: "Which franchise opportunities are right for me?" .... [more] 17 Oct, 2008
Franchise Fever. 7-Eleven takes a big gulp, then commits to giving up a 50-50 split of company to franchise stores. .... [more] 17 Oct, 2008
Re/Max refugees form new competitor. One of Silicon Valley’s largest Re/Max International Inc. franchisees is abandoning the brand, marking the fourth notable California defection this year for the Denver-based real estate franchisor. .... [more] 17 Oct, 2008
Ways to Support Franchisees During a Time of Escalating Costs. Prove your system's value to franchisees every day. That's the mantra of growth-oriented franchisors, especially given the current economy. .... [more] 17 Oct, 2008
Dunkin' Opens First Green Store. Dunkin' Donuts opened its first green store today. The St. Petersburg, Florida, restaurant is Leadership in Energy and Environmental Design (LEED) certified and includes other green initiatives such as innovative recycling programs like worm casting and food donations to the local food bank. .... [more] 17 Oct, 2008
Coast Casinos embraces T.G.I. Friday's brand. Coast Casino patrons will soon be able to say TGIF every day at all Coast locations. Boyd Gaming announced all of its Coast Casino properties will have a T.G.I. Friday's restaurant open for business within a few weeks. .... [more] 17 Oct, 2008
Rocky Mountain, Cold Stone to Co-Brand. Rocky Mountain Chocolate Factory Inc., which franchises gourmet chocolate and confection stores, and Cold Stone Creamery are signing a nonbinding Letter of Intent to negotiate the terms of a Test License Agreement between the two brands. .... [more] 17 Oct, 2008
Red Lion Hotels' decline after deal falls through. Shares of Red Lion Hotels Corp. continued to decline on Friday, one day after the hotel company said a buyout proposal has been withdrawn and its strategic alternatives process concluded without another offer. .... [more] 17 Oct, 2008
Mr. Rooter Plumbers Root for Small Business on Capitol Hill. While Mr. Rooter Plumbing may not have THE Joe the Plumber, there are many like him, including Bob the Plumber and several others who recently took their small business concerns straight to Capitol Hill. .... [more] 16 Oct, 2008
RE/MAX Global Network Keeps Growing. RE/MAX International Inc., one of the leading real estate brands in the world, announced today that it has added more than 500 new franchises to its global network in the first three quarters of 2008. .... [more] 16 Oct, 2008
Arby's names new CFO, COO as Triarc, Wendy's merge. Arby's Restaurant Group Inc. said Wednesday it named Michael Lippert as chief operating officer and John Dasis as chief financial officer, as parent company Triarc Cos. Inc. completes its merger with Wendy's to form Wendy's/Arby's Group. .... [more] 15 Oct, 2008
Golden Spoon signs area development agreement with Pacific Yogurt. Golden Spoon, a frozen yogurt chain, has signed an area development agreement with Pacific Yogurt Partners to develop 30 Golden Spoon franchise locations in the Greater San Francisco Bay Area. .... [more] 15 Oct, 2008
Diedrich Coffee Receives Deficiency Letter From NASDAQ. Diedrich Coffee, Inc. today announced that it received a NASDAQ Staff Deficiency Letter on October 10, 2008 indicating that the Company does not comply with the minimum stockholders' equity requirement of $10 million for continued listing on The NASDAQ Global Market. .... [more] 15 Oct, 2008
Pizza Hut Debuts Facebook Ordering. Pizza Hut is unveiling a new application for Facebook Platform, making it the only national pizza chain to offer the ability to order delivery food without ever leaving the popular Web site. .... [more] 15 Oct, 2008
Restaurants' Gloom Spreads. Restaurant chains are bracing for dismal fall and holiday dining seasons by cutting prices, trimming earnings and sales forecasts and shuttering locations. .... [more] 14 Oct, 2008
Chain Reaction. Many immigrants look to establish themselves by running their own business. But starting -- and successfully running -- a small business is hard enough without the language and cultural barriers. So, many turn to a franchise concept. .... [more] 14 Oct, 2008
Bishops Barbershop Makes West Coast Franchise Expo Debut. Bishops Barbershop, cuts and colors for men and women, will be exhibiting for the first time at the West Coast Franchise Expo in Los Angeles, Nov. 7-9, 2008. .... [more] 14 Oct, 2008
Dog Care & Franchising: a Thriving Business in a Down Economy. Times are tough and Americans are curtailing their spending. But passionate pet owners draw the line at cutting back for our furry friends. .... [more] 14 Oct, 2008
Cereal Bowl Opens First Franchised Location. The Cereal Bowl, opened its first franchised location at 181 E. Main Street Newark, Delaware, this past Saturday, October 11. .... [more] 13 Oct, 2008
GarageTown USA Successful Garage Condo Trend Through Franchising. GarageTown USA began offering franchises of its successful garage “condo” business model last month under the newly formed GarageTown USA Franchise Services LLC (GTFS). .... [more] 13 Oct, 2008
Burger House, Wild About Harry's will expand franchising despite economy. Despite the chokehold on commercial credit, two Dallas restaurant companies have decided this is the time to make their first major push into franchising. .... [more] 11 Oct, 2008
Krispy Kreme Expands in Arizona. Krispy Kreme is evolving its store concept to better compete in today's market with the "neighborhood doughnut shop," first being introduced in the Arizona market on Oct. 9, 2008. .... [more] 10 Oct, 2008
Restaurants Face Lean Times in the Economic Downturn. As the credit crisis and the economic downturn begin to bite on Main Street America, restaurant row is in for a shake-up. For the first time in nearly two decades, the $550 billion restaurant industry has suffered stagnant sales this year. .... [more] 10 Oct, 2008
McAlister’s, franchises find financing a tough go. A year ago, Paul Wilson and business partner Don Harris set their sights on three new McAlister’s Deli franchises, in Fairview Heights and Edwardsville, Ill., and Paducah, Ky. Today the tightening credit market has made it nearly impossible to secure a loan to fund their plans. .... [more] 10 Oct, 2008
Salad Creations Opens 50th Restaurant. Salad Creations, a national franchise offering a fresh alternative to fast-food for today's healthy lifestyle, announced today it has opened its 50th restaurant, which is located in Miami, Florida. .... [more] 10 Oct, 2008
Geeks On Call Outsourced IT Services Available to Christmas Decor Franchises. Geeks On Call Holdings, Inc. announced today that they will be offering IT services through their Value-Added Benefit Program to Christmas Decor, a division of The Decor Group and the nation's largest outdoor lighting and decorating franchise. .... [more] 10 Oct, 2008
The Amazing Cuban Cafe will now be expanding throughout the U.S. Soul de Cuba Cafe has announced they will be launching an aggressive expansion program through franchising. Soul de Cuba Cafe brings traditional, authentic Cuban cuisine by embracing Afro Cuban culture and history. .... [more] 10 Oct, 2008
Women asserting role in franchise business. According to the International Franchise Association (IFA), women have founded 23 franchise systems in the United States and the number of women-owned franchises continues to climb. .... [more] 9 Oct, 2008
Subway kicks off energy campaign. The nation's largest sandwich shop franchise sent each one of its U.S. stores one compact fluorescent light bulb to install last week to help kick off a national Energy Star campaign, which is in its ninth year. .... [more] 9 Oct, 2008
Saxbys Coffee Worldwide Acquires Bucks County Coffee. Saxbys Coffee Worldwide, one of the fastest growing coffee companies in the country, today completed a private transaction to acquire the assets of Bucks County Coffee Co., including its 15 retail locations and a distribution channel to approximately 400 grocery outlets. .... [more] 9 Oct, 2008
Mama Mimi's Franchises. U. S. Air Force Senior Master Sergeant (also referred to as First Sergeant) Raymond Munger and his wife Teri, also a U. S. Air Force veteran, signed a multiple unit development agreement for the Dayton, Ohio, market with the Columbus-based Mama Mimi's Take N' Bake Pizza chain. Ray and Teri are the chain's first franchisee. .... [more] 9 Oct, 2008
The Best-Kept Secret From Down Under Hits U.S. Shores. New Zealand Natural Ice Cream announces that they will now be available at the Staples LA Live Center in November 2008. The company has quickly expanded from its original roots in New Zealand, the South Pacific, and Asia to now saturating the United States. .... [more] 8 Oct, 2008
Yum effort to sell restraurants to franchisees tougher. A campaign at Yum! Brands to sell more of the company’s U.S. restaurants to franchisees is more difficult due to the credit crunch, a company executive said today. .... [more] 8 Oct, 2008
Medifast Announces Opening of First Franchise Clinic. Medifast, Inc. announced the opening of the first franchisee-owned Medifast Weight Control Center in the Baltimore, Maryland market. .... [more] 8 Oct, 2008
Analyst tries to quash credit anxiety at Carrols. A JPMorgan analyst on Tuesday attempted to quash investors' fears of a potential bankruptcy at Burger King franchisee Carrols Restaurant Group Inc., saying the company still has several options for paying down debt. .... [more] 7 Oct, 2008
Tim Hortons signs deal with U.S.-based Tops. Tim Hortons has made further inroads into the United States by signing a deal for 82 full-service restaurants and self-serve kiosks at Tops Friendly Markets grocery stores. .... [more] 7 Oct, 2008
Baja Fresh Rolls Out New Concept. Baja Fresh Mexican Grill the quick casual Mexican grill chain today announced the grand opening of its two newest locations and its newest concept, Baja Fresh Express. .... [more] 7 Oct, 2008
Whataburger acquires 47 stores from its largest franchisee. Corpus Christi-based Whataburger bought out its largest franchise owner, acquiring 47 restaurants and bringing the number of corporate-owned outlets to almost 600. .... [more] 7 Oct, 2008
The Hitting Academy Announces Sports Franchise Opportunities. The Hitting Academy announced the launch of its national baseball franchise program, which will allow the company to offer state-of-the-art baseball and softball training facilities and programs across the country. .... [more] 7 Oct, 2008
4 Advantages to Buying a Big-Name Franchise. With borrowing leverage, purchasing power and marketing prowess already in place, big franchises just make sense. .... [more] 6 Oct, 2008
As economy hurts, so does franchising. Reduced access to capital has some franchisers struggling to maintain their growth and many franchisees wondering how to pay for improvements. Prospective franchisees, meanwhile, face having to raise hundreds of thousands of dollars for start-up costs at a time when banks are reluctant to lend. .... [more] 6 Oct, 2008
Sector Snap: Restaurants plummet. A slew of negative analyst reports in recent days and investors' fears of a global credit crisis combined to help sink restaurant shares Monday. .... [more] 6 Oct, 2008
Over 550 Franchise and Coaching Executives Gather in Miami to Transform the State of Franchising and Business Coaching. FranchisEsource Brands International (FSBI) hosted one of the largest gatherings of Franchise and Business Coaching professionals in the industry last week. .... [more] 6 Oct, 2008
FranNet pairs would-be business owners, franchises. Thinking about buying a business franchise? One place to a start a search is Louisville-based FranNet, a 22-year-old firm that offers consulting and brokering services for the franchise industry. .... [more] 6 Oct, 2008
Craters & Freighters Opens Washington DC Location. Craters & Freighters, the national leader in specialty freight solutions, announced today the opening of its franchise location in Washington, DC, in response to the area's high demand for the packing and shipping of large, valuable, and fragile goods. .... [more] 6 Oct, 2008
Redevelopment freezes out original Carvel store. The original Carvel shop prepared to serve its last cones Sunday, more than seven decades after becoming the birthplace of an ice cream empire. .... [more] 5 Oct, 2008
Bookkeeping franchise expands into Huntington. The owner of a national bookkeeping franchise plans to expand into the Huntington area and is looking for interested franchisees. .... [more] 5 Oct, 2008
Fantastic Sams To Open Salons In Region. As many businesses look to scale back during the current economic crisis, others see it as the best time to expand. Fantastic Sams, with more than 1,400 locations nationwide and annual sales of $400 million, expects to open between 12 and 15 new salons in the Greater Hartford by 2013. .... [more] 5 Oct, 2008
Einstein Looks to Grow Through Licensing. With an existing 20 licensed locations around the country, Einstein Noah Restaurant Group is set to open at least 15 additional licensed units before the end of the year. .... [more] 3 Oct, 2008
Brooke Capital faces possible delisting. Brooke Capital Corp. is in danger of getting delisted from the American Stock Exchange unless it creates a plan for bringing the company back in compliance with listing guidelines. .... [more] 3 Oct, 2008
Hooters Celebrates 25 Years of Delightfully Tacky Prosperity. October 4th marks the 25th anniversary of the original Hooters restaurant that brought the "delightfully tacky, yet unrefined" concept to Clearwater, Florida in 1983. .... [more] 3 Oct, 2008
FranchiseThis! Adds Franchise Consultant Division. A new business startup, Virginia-based FranchiseThis!, recently launched a franchise consultant division at the company under the name of MyFranchisePath. .... [more] 3 Oct, 2008
Mrs. Fields Plan of Reorganization Confirmed. Mrs. Fields' Original Cookies, Inc. announced today that it has successfully satisfied the restructuring conditions set forth in its Plan of Reorganization (the "Plan") and that the Plan has been confirmed by the United States Bankruptcy Court for the District of Delaware. .... [more] 2 Oct, 2008
Presidential candidates answer IFA questions on key business issues. In an exclusive to the International Franchise Association's flagship publication Franchising World magazine, presidential candidates Barack Obama and John McCain have outlined their views on issues important to the franchise industry. .... [more] 1 Oct, 2008
Pizzeria not endorsed by the NYPD. It may be just a cheesy way to capitalize on the New York Police Department's reputation, but under terms of a recent settlement N.Y.P.D. Pizza can keep its name as long as it makes clear it is not affiliated with New York's Finest. .... [more] 1 Oct, 2008
Sonic Responds to Remarks about the Company's Franchisees. Sonic Corp. today responded to remarks in the press yesterday concerning the company’s franchisees, who were used to illustrate the problems of a tightening credit market. .... [more] 1 Oct, 2008
Mrs. Fields Revamp Plan Faces Obstacle. Several parties, including the Internal Revenue Service and a group of frozen-yogurt franchises, are objecting to Mrs. Fields Famous Brands Inc.'s prepackaged plan of reorganization, which the cookie company has considered its fast-track ticket out of bankruptcy-court protection. .... [more] 1 Oct, 2008
Giggle Beans Announces Launch of National Franchising. Giggle Beans has received such amazing support from the local community, they have begun national franchising. Created to by Dawn and Mike Bajis, two Oakland County, Michigan residents, the couple strived to offer parental sanity in a fun indoor play place for young children. .... [more] 1 Oct, 2008
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