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Preview: provides detailed informative feature articles, franchising information, opportunities, and valuable resources for franchisees.

Last Build Date: Tue, 24 Jan 2017 16:09:16 PST

Copyright: Copyright 2017 Franchise Update Media Group. All rights reserved.

IRS Proposed Rule Change Hurts Franchisees

Tue, 24 Jan 2017 11:00:00 PST

Franchisees take action by speaking out at a public hearing when a proposed IRS rule threatens the valuation of interests in closely held businesses.

Papa Murphy's Ramps Up Refranchising

Wed, 18 Jan 2017 08:00:00 PST

Papa Murphy's is turning to refranchising as it looks for growth in select markets. The company says it's focused on investing to accelerate unit growth in underpenetrated markets in an effort to enhance local advertising opportunities and drive sales and profits.

Get Ready For The Next Four Years Now

Tue, 17 Jan 2017 13:00:00 PST

A new president will bring a need for reassessing your business operations. The opportunities and threats of the past are likely much different than what they are going to be in the next three to five years. Be prepared for how these can have a direct impact on your internal strengths and weaknesses.

Through The Looking-Glass: Brexit's Impact On Investing Still To Come

Mon, 16 Jan 2017 08:00:00 PST

In the wake of a vote to exit the European Union, U.K. citizens made it clear shot that "status quo" was no longer acceptable.

Call To Action: Franchising Must Act To Fix Its Own Problems

Thu, 12 Jan 2017 08:00:00 PST

As a farm boy I learned common sense through experience. For instance, overloading a wheelbarrow could reduce back-and-forth trips, but at some point the wheelbarrow became too hard to balance and tipped over, defeating my intended purpose of less work.

Trio Tackling Dunkin' Expansion In Louisiana

Wed, 11 Jan 2017 08:00:00 PST

Dunkin' Donuts Power Team To Open 69 New Restaurants In Louisiana. Longtime multi-unit franchisee Vik Patel, Super Bowl Quarterback Drew Brees, and former New York Giants offensive lineman David Diehl Bringing Rush of Donuts To The Bayou State.

Words Of Wisdom: Researching The Brand

Tue, 10 Jan 2017 12:15:00 PST

Deciding which brands to invest in is a significant question. Factors run the gamut from getting in early on an emerging concept to customer trends to regional or geographic demands. Dave Goebel has been in franchising (as a franchisee and franchisor) long enough to have developed his own criteria for deciding.

Baked In Success: Mara Fortin For The Defense--Of Franchising!

Mon, 09 Jan 2017 08:00:00 PST

Mara Fortin wears many hats as a Nothing Bundt Cakes franchisee: taste-testing in one of her seven San Diego-area stores, meeting with local business owners, advocating before Congress on issues of concern to franchisees and small-business owners, and mentoring young women.

More Than 60% Of Workers Plan New Career In The New Year

Wed, 04 Jan 2017 08:00:00 PST

Spherion Staffing survey finds 62 percent of American employees are looking to make a job change in 2017. They are looking for better pay, new opportunities, and a better life/work balance.

Prepare For The Future With Strategic Planning

Tue, 03 Jan 2017 11:00:00 PST

Focus on preparing your business for the future because change is inevitable. Start 2017 by aggressively engaging in the strategic and succession planning process that will help you be prepared for variables such as proposed legislation that could substantially impact your organization.

GPS Hospitality Doubles In Size, Adding 194 Burger Kings

Wed, 28 Dec 2016 08:00:00 PST

Multi-unit, multi-brand franchisee Tom Garrett makes major move taking on another 194 Burger King locations. His GPS Hospitality company now oversees 431 Burger King and Popeyes franchises in 14 states.

Franchise Update Media Goes International With Conference

Tue, 27 Dec 2016 15:00:00 PST

Franchise Update Media launches its international conference for franchising professionals in Europe. The First Annual European Multi-Unit Franchising Conference was a one-day event held last December in Florence Italy and attracted more than 120 franchisees, franchisors, investors, association heads, and government representatives.

Hourly Hiring Shifts: Supply, Technology, And Legislation – Oh My!

Thu, 22 Dec 2016 08:00:00 PST

Let's begin with three facts: 1) 78.2 million Americans are hourly workers; 2) hourly workers represent 58.5 percent of all jobs in the U.S.; and 3) 80 percent of all hires made in the U.S. each year are for hourly jobs.

Muy Bueno Growth: Zees Expand Mexican Brand

Wed, 21 Dec 2016 08:30:00 PST

Four different multi-unit franchisee groups have latched on to the Taco Bueno brand and each of them has expansion on their minds.

Strategies To Create Harmonious Business Families During The Holidays

Tue, 20 Dec 2016 10:00:00 PST

Engaging in the strategic planning process and developing covenants will help protect your multi-unit franchising organization, the future growth goals of the business, and your personal financial goals.

The Sky's The Limit: Wendy's Operator Dominates With 177 Stores

Mon, 19 Dec 2016 12:15:00 PST

Robert Schermer, Jr., CEO of Meritage Hospitality Group in Grand Rapids, Mich., hails from the school of life that says, "Go big or go home."

Increase Your Profitability

Thu, 15 Dec 2016 13:00:00 PST

Unit-level economics (ULE) is the latest fancy phrase for the fundamental concept of franchisee profitability. The old-school franchise concept of caring only about a monthly sales report and a royalty check and, if the franchisee was not profitable, reselling the territory in 18 months is dead.

Texas Zees Loading Up On Dunkin' Units

Wed, 14 Dec 2016 08:00:00 PST

Four existing franchise groups will bring 65 new Dunkin' Donuts Restaurants to the Dallas-Fort Worth Area, Including Several Multi-Brand Locations With Baskin-Robbins.

Words Of Wisdom: Taking On Government Overreach

Tue, 13 Dec 2016 12:00:00 PST

Rob Branca successfully operates 88 Dunkin' Donuts franchise locations. And that's just what he plans to continue doing long into the future. He says it's imperative that industry leaders stand up and fight for the rights of franchisees as they face a continuing barrage of government overreach and regulation.

Taking It To The Limit: Rob Chinsky Works Hard And Plays Hard

Mon, 12 Dec 2016 08:00:00 PST

After working his usual 50- 60-hour week tending to his 17 Indianapolis-area Penn Station East Coast Subs stores, Rob Chinsky and his wife Linda moved both their children into their college dorms, hours away, all in one weekend.

Succeeding At Succession

Thu, 08 Dec 2016 08:00:00 PST

For Wanda Sieber, what began as an ordinary phone call became a wake-up call. The person who answered the phone told Sieber that the owner of the business she'd called had died unexpectedly, adding "We don't even know if we're going to have jobs tomorrow."

Ringing In The Minimum Wage Hikes

Wed, 07 Dec 2016 08:00:00 PST

Minimum wage increases will be ringing in the New Year in states across the country. The Service Employees International Union (SEIU) continues to push for greater increases in minimum wage. Wage increases will not only affect employees but also business owners and consumers.

Words Of Wisdom: Hiring And Retaining Employees

Tue, 06 Dec 2016 11:30:00 PST

Mara Fortin was the very first franchisee for Nothing Bundt Cakes. She has served as chair of the brand's Franchise Advisory Council and has received the Outstanding Franchisee (Circle of Honor) award. She also loves to serve as a mentor - especially for other women. She has learned quite a few things about hiring and retaining employees during her decade in franchising.

Beyond The Brand: Rob Branca Is A Tireless Advocate For Franchising

Mon, 05 Dec 2016 08:00:00 PST

Rob Branca and his extended family of in-laws, siblings, children, and cousins own and operate more than 1,200 Dunkin' Donuts locations throughout New England and a few expansion markets.

Are You Ready For AR?: Pokémon GO Augurs A New Way To Attract Customers

Thu, 01 Dec 2016 08:00:00 PST

Pokémon GO, the hot new augmented reality (AR) game is not just another fad or trending game on the market—it is a cultural phenomenon.