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Franchising Is Up Down Under

Franchising’s boom includes Australia, according to a report from down under. Franchising Australia 2014, collated by Griffith University and sponsored by the Franchise Council of Australia, found there were 1160 business format franchisors operating in Australia, with the sector employing 460,000 people and having an estimated total sales turnover of $144 billion. Impressively, between 2012, […]

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Steak 'n Shake Stokes Its Franchise Business

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,

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After 34 Years In A Franchise Environment, A Franchise Of His Own

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

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Due Diligence, Done Right

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

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