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 »
We enjoy reading Jason Daley’s Franchisors posts on the website Entrepreneur.com, and wish to share, in particular, “How I Grew My Wheelchair Ramp Company Into a Franchise,” about the experience of franchisor Julian Gordon. In his Q&A with Entrepreneur.com, Gordon shares how after twenty years running a metal fabrication shop, he became disheartened with the
Ramping Up Growth By Franchising Read More »
For Affordable Homes of South Texas (AHSTI) director Bobby Calvillo, whose job it is to help his organization build enough homes to meet the needs of low-income South Texan families, creating the means for having a constant positive cash flow was a top priority. So in 2012, Calvillo convinced the AHSTI board to build a Blimpie
Blimpie Franchise Has Nonprofit's Cash Flowing Read More »
More people are dreaming of franchising, ready for a life change as the market is once again heating up. But before you take the plunge, make sure your due diligence includes working with a franchise attorney, someone who knows franchising inside and out. We strongly agree with a SmallBizTrends.com post we spied, “The Importance of
Mitigate Your Risk By Hiring A Franchise Attorney Read More »
The world’s largest convenience store franchiser, 7-Eleven, is nearing completion of prepping stores from its 2011 Wilson Farms store chain at a store franchising sale in Western New York. Part of the company’s national strategy, 7-Eleven purchased the 188-store Wilson Farms chain and shed some 30 stores through auction, closed others and prepared the 90
7-Eleven Readies Its Wilson Farms Buyout For Franchisees Read More »
Franchising continues to be an attractive career change consideration for many Americans, in part because of proven business plans and methods. Therefore, it is imperative that potential franchisees understand what it takes to be successful within a given chain’s franchising framework. Just as we happily share our vast point of sale experience and expertise with
A Franchisee Discovers The Fine Print's Finer Points 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. Furthermore, the lending shortfall for franchises (that is, the difference between projected loan demand and loan supply) is expected to be one-half that of last year’s figure. And
Franchise Coach Sees A World Of Opportunities, If You Ask The Right Questions Read More »
It’s a pivotal moment for your booming business: the possibility of becoming a successful franchisor. Before going any further, it’s time to get up to speed with the complexities of franchise legislation. We spotted a thorough roundup on the topic of state and federal franchise laws in a recent blog post at TweakYourBiz.com that is
Let Your Franchised Business Soar! But First, Get Grounded In Franchise Legislation Read More »
Time is money, so it makes sense that franchisors who value time by creating more of it are more likely to award more new franchises. That’s the viewpoint shared by Joel Libava, a/k/a The Franchise King. “It has long been thought that organization is the key to success,” writes Libava in a recent post on
Franchisors Must Search — For Profitability and Growth Read More »
Cheese Board Pizza located in Berkely, CA is a small locally owned jem of a pizza shop. An exciting part of the community, this shop really knows the meaning a specialty pizza. Cheese Board only concentrates on perfecting one type of unique pizza per day. This style gives their shop originality (an essential from standing
Pizza Shop Tips from a Small Business 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.
