A strategy to expand without significant capital expenditures has Steak ‘n Shake franchising more aggressively. A recent Nation’s Restaurant News (NRN) report on Steak ‘n Shake’s financial results notes that according to a 2014 annual report released by parent Biglari Holdings total earnings before income taxes fell nearly $2 million, to $26.5 million in 2014, […]
Steak 'n Shake Stokes Its Franchise Business Read More »
Franchising is booming. FRANdata says demand for franchise units is expected to increase more than 12 percent in 2014, the highest rate of increase in five years. The International Franchise Association there are currently more than 750,000 franchise establishments in the United States covering approximately 75 industries. It’s an environment that keeps franchise coach Rick Bisio very
Size Up Your Franchise Opportunities Read More »
News about point of sale data breaches continues unabated but we also see convictions of those who would conspire to hack into point of sale (POS) systems. One such example is found in a post by Grant Gross on PCWorld.com’s LEGAL business, security blog, “U.S. man sentenced for hacking POS systems at Subway.” As the
Subway POS Hacker Receives Sentence Read More »
Success in franchising spreads to many others when one considers the key roles played by suppliers, and professional advisors. In a recent CPAPracticeAdvisor.com post, Hugh Duffy, Chief Marketing Officer for Build Your Firm, a marketing firm dedicated to the accounting industry, writes about Navjeet Chahal who started Chahal & Associates in 2003. Chahal has managed
For A Future So Bright, Green Eyeshades Read More »
For 34 years, Bryan Rhodes worked his way up the ladder in the fast-food franchise industry, from beginning behind the counter to ultimately become the vice president of operations at a Burger King franchise. Only then did Rhodes conclude that, well, the restaurant industry wasn’t for him — but franchising was. In a recent Franchise
After 34 Years In A Franchise Environment, A Franchise Of His Own Read More »
Retail breaches at the point of sale have security vendors scrambling to better understand the situation ahead of the holiday shopping season. A recent post on eWeek.com looks at one report, issued by Cyphort, which analyzes some of the main culprits of point of sale malware. As the only full-service point of sale provider —
Point Of Sale Malware Scraping To Get Buy Read More »
It is encouraging to see a strengthening of the bonds between franchising and our military veterans. Since its launch last year, home services company Home Franchise Concepts (HFC) has signed twenty veterans to become franchisees through the Million Dollar Franchise Event (MDFE) initiative. We found news of the program in a recent post on the
Here's a Home Franchise Concept: Veteran Franchisees Read More »
We love reading about how franchising can power growth for privately held companies. Any way you slice it, it’s hard to imagine how the Achatz Handmade Pie Co. could establish 150 locations across the United States in the next five years without turning to franchising. Indeed, after 21 years the much-loved brand based in Michigan’s
Franchising Makes Expanding Easy As Achatz Handmade Pie Read More »
Like many national chain restaurants, Buffalo’s Cafe has a tagline: Buffalo’s Cafe – Where Everyone Is Family ™. Paul Dalrymple is one Buffalo’s Cafe franchisee that took his tagline to heart. Before he said his “I do” Dalrymple and his future father-in-law had been partners in a Buffalo’s Cafe franchise. Dalrymple now has three sons,
Franchisee Finds Partnership, Family Values Read More »
A number of once-thriving franchises are facing disgruntled franchisees, store closures, bankruptcies and never-imagined marketing scenarios. In their recent Better Your Business special report, “How To Steer Clear Of Franchise Financial Disasters,” CNBC.com’s Zac Bissonnette speaks with an unnamed Quiznos franchisee who summed up his experience: “There has been a decline in support. The corporate
Due Diligence, Done Right Read More »
Your ambitions and hard work deserve a partner who can offer you franchise-level POS systems and services no matter your size or industry. Sintel Systems direct single source POS solutions is the key to ensuring that your operation moves efficiently. Sintel Systems knows that your time is better spent on growth and expansion. So dream, plan, execute, grow and succeed with Sintel Systems.
