Franchise Articles
Browse our selection of franchise articles and features to help further your knowledge in opening and operating a franchise business. Our exclusive features cover the franchise growth, operations, legal, leadership, marketing, real estate, and technology site of the franchise business. Written by the editorial team that produces Franchise Update Magazine and Multi-Unit Franchisee Magazine, the franchise industries premier magazines.
For the first time, franchisors, development consultants, and advertising and marketing suppliers have access to the most comprehensive research guide to sales and lead generation performance in franchise recruitment.
- Franchise Update Media
- 6,231 Reads
It's no secret that the father's career path is no longer being repeated by the son (or daughter). Nor was it so long ago that folks graduated from college, signed on with a company, and spent the next 40 years toiling in the same office.
- Kerry Pipes
- 6,442 Reads
California has long been a key market for franchising, and its consumer-oriented culture has also made it one of the most active venues for regulatory and legal issues. Legal developments of the past year affecting the franchise community include the cascade of "Bounty Hunter law" actions, a franchisee's escape from arbitration requirements deemed 'substantively unconscionable', and a lesser-known ruling narrowing the interpretation of franchise fees.
- Mary Beth Trice and Dawn Newton
- 4,600 Reads 31 Shares
Technology companies have always searched for a way to integrate functions in various devices or programs. The advantages to a provider are obvious: more functions mean more charges that can be made, or greater customer loyalty.
- Ripley Hotch
- 5,884 Reads 1,014 Shares
In 2007, chances are there's a sign franchise near you--offering customers a wider array of choices than ever before, thanks to continuing technological advances, especially in communications and digital imaging.
- Eddy Goldberg
- 2,828 Reads 43 Shares
We all know to expect death and taxes, but tenants can add one more thing to that list: lease renewals.
- Jeremy Behar
- 3,253 Reads 12 Shares
Despite all of the attention recently focused on income taxes, it is the property tax that is the biggest expense in most businesses - and the most difficult to manage. According to the Council on State Taxation, a Washington, DC, think tank, American businesses shell out more on property taxes than for any other type of state or local taxes.
- Mark E. Battersby
- 3,719 Reads 4 Shares
Many trace the origins of franchising as we know it today back to Europe in the 1800s, when German beer makers granted pubs and taverns the rights to sell and use their name. In fact, the word "franchise" is a French derivative meaning privilege or freedom.
- Kerry Pipes
- 4,026 Reads 102 Shares
As highlighted in last quarter's Investment Insights column, most of us are not particularly suited to be wise investors. In fact, neuroscientists are increasingly proving what veteran investors and asset managers alike have long suspected: Individuals make a lot of not-so-rational choices when it comes to dealing with their money, investments and financial affairs.
- Carol Clark
- 3,101 Reads 1 Shares
Building customer loyalty is no easy task in today's highly competitive business world where consumers will change brands or products to save even a few pennies. Businesses from mom and pop operations to multi-national conglomerates are routinely looking for new and unique ways not only to recruit customers, but to turn them into loyal, repeat shoppers who also spread the word. As numerous studies have shown, it's much more cost-effective to keep existing customers than to find new ones.
- Kerry Pipes
- 3,032 Reads 5 Shares
"Neither snow, nor rain, nor heat, nor gloom of night stays these courageous couriers from the swift completion of their appointed rounds." That's a slogan most of us recognize when it comes to the mail. And while the U.S. Postal Service is functional, it offers limited services, restricted office hours, and is not exactly known for its efficiency of service. (It's not called "snail mail" for nothing!)
- Kerry Pipes
- 3,017 Reads 1 Shares
Google can search the equivalent of a stack of paper 70 miles high and find any piece of information in that pile in less than half a second. And it's better information, more relevant information, than any other search engine. That's why people love it.
- Jack Mackay
- 2,912 Reads 1 Shares
As more franchise brands push outward from their local or regional base seeking growth on the national stage, choosing the right city or designated market area (DMA) is always a critical factor in success.
- Eddy Goldberg
- 4,118 Reads 14 Shares
Franchising can be a snap… or a click. Photography franchising is getting a lot of, er, exposure, and has developed rapidly in recent years.
- Kerry Pipes
- 7,351 Reads
Multi-unit operators are a sophisticated culture within the franchise industry. They typically are streamlined, aggressive, think big, plan ahead, and are focused on continual growth. So why would a successful area developer want to sell a particular brand or chain of units? Lots of reasons: retirement, health issues, liquidity, a change in direction, a more aggressive growth strategy, a better opportunity, or simply the desire to "try it again with another concept."
- Kerry Pipes
- 4,308 Reads 1,021 Shares
Keld Alstrup went to Canada in 1968 to see the world outside his native, tiny Denmark. He ended up working for Ford and then Volvo. So things, as he says "worked out."
- Eddy Goldberg and Kerry Pipes
- 2,882 Reads 5 Shares
California has long been a key market for franchising. Its consumer-oriented culture has also made it one of the most active venues for regulatory and legal issues. Legal developments over the past year affecting the franchise community include 1)...
- Mary Beth Trice and Dawn Newton
- 7,686 Reads 157 Shares
Getting laid off by United Airlines in the 1982 recession was perhaps the best business move Regina and Jerry Lillie ever made (even if they didn't actually make it themselves).
- Eddy Goldberg and Kerry Pipes
- 3,416 Reads 3 Shares
Daren Patera and Brian Wernicke met in law school in Salem, Oregon, on their first day of orientation. "After about our second day, we knew we didn't want to be lawyers," says Patera, and they decided to go into business. "We wanted to be our own bossesâ€"not graduate and get a job working 80 hours a week for a law firm and hope to be a partner someday."
- Eddy Goldberg and Kerry Pipes
- 4,550 Reads 19 Shares
When she was just 16, Mandy Bryant (now Mandy Bryant Verges) got a job at a Gold's Gym in her home city of New Orleans. She worked a couple of years in sales and did well. In April 1995, owner Steve Smith opened a tanning salon called Electric Beach in the city's Uptown district. When Smith bought out his business partner, he needed a manager for the salon. Bryant asked, he said yes, and transferred the 18-year-old to the salon as its new manager.
- Eddy Goldberg and Kerry Pipes
- 3,964 Reads 40 Shares
Hank Huth didn't set out to be in franchising. As a matter of fact, he was a banker. But in the mid-1980s, he was introduced to some executives at then-emerging Blockbuster Video and decided to "take a leap of faith" and give franchising a try. He called on his high school buddy Tim Nolan, who had managed some McDonald's franchises, to be his partner.
- Eddy Goldberg and Kerry Pipes
- 5,997 Reads 299 Shares
Pets and pet-related businesses are among today's hottest franchise opportunities--especially in the U.S., where pet owners are notorious for pampering their dogs, cats, birds (and even their rodents, reptiles, amphibians, and fish).
- Eddy Goldberg
- 3,188 Reads 17 Shares
Kelly Saxton thinks big. He's the largest McAlister's Deli multi-unit operator, with 30 units throughout Texas, Oklahoma, Mississippi, and Kansas. Prior to that, he was the largest Mazzio's Pizza multi-unit operator, with 50 units throughout Texas, Arkansas and Mississippi.
- Eddy Goldberg and Kerry Pipes
- 3,784 Reads 1 Shares
The most powerful players in franchising will gather this spring for the nation's only conference dedicated to the industry's most strategic and fastest-growing segment - multi-unit franchising.
- Press Release
- 2,478 Reads 14 Shares
Jim Valentine began his franchising career as a McDonald's crew member more than 33 years ago. During his first 12 years in franchising, he was frequently promoted until he became the supervisor of several McDonald's restaurants. That's when he decided to gather all his accumulated knowledge and experience and try his hand at franchise ownership.
- Eddy Goldberg and Kerry Pipes
- 3,273 Reads 7 Shares
Have you ever wondered why doing the right thing or behaving as we "should" is usually the most difficult choice? Especially when it comes to handling our finances, there is almost always a less emotionally challenging path than the one that is "in our own long-term best interest."
- Carol Clark
- 3,333 Reads 1,014 Shares
Franchise Update Media Group, one of the nation's leading franchise information providers, announced today it will partner with Military.com, the nation's primary military membership organization, to provide content for its business research Web site.
- Franchise Update Media
- 5,673 Reads
Franchise Update Media Group, one of the nation's leading franchise information providers, announced today it will partner with Military.com, the nation's primary military membership organization, to provide content for its business research Web site.
- Press Release
- 6,072 Reads 1 Shares
Gary Hoyle thought there might be a good concept for franchising at a Florida restaurant he knew. So he ate there every day for three monthsâ€"soaking in the atmosphere and dining on the delicacies. It was enough to convince him it could work.
- Kerry Pipes
- 3,437 Reads 1 Shares
Business Opportunity!! The words practically leap from the pages--whether in well-known national business publications such as the Wall Street Journal or Entrepreneur magazine, or in the classifieds flooding the back of the smallest daily and weekly newspapers in every city and town in the world. But what exactly is a business opportunity?
- Eddy Goldberg
- 2,833 Reads
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