MLB player Adrian Gonzalez becomes Jersey Mike's franchisee | Restaurant concepts attract interest from venture capitalists | How to ask more of the right questions
February 19, 2018
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Franchise News
MLB player Adrian Gonzalez becomes Jersey Mike's franchisee
New York Mets player Adrian Gonzalez has acquired a majority stake in six Jersey Mike's franchise units. Gonzalez plans to open five more locations by 2023.
The San Diego Union-Tribune (tiered subscription model) (2/15) 
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Restaurant concepts attract interest from venture capitalists
Some venture capitalists and nontraditional investors are seeing opportunities to fund early-stage concepts in the restaurant industry. "Something with four or five stores [investors are] looking at now because they realize if they get to 10, 20, or 30 units and are doing well, then their price is just out of sight," said Dennis Monroe, chairman of the law firm Monroe Moxness Berg.
QSR (2/2018) 
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Best Practices and Business Leadership
How to ask more of the right questions
There are several levels of questions to ask that can dig into root causes and help improve understanding and outcomes, Bruce Court writes. These include basic fact-finding questions, queries that seek to understand thought processes and queries that push back on what's known, such as, "What happens if nothing changes?"
Development Dimensions International (2/15) 
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Habits start with a daily commitment to practice
Our brains need to be persuaded that new behaviors are safe, so practice daily for at least two months to develop a habit and avoid backsliding, writes Marcia Reynolds. "Asking for support and assistance can make you feel vulnerable, yet social support is important to help you override the emotions that can trigger your brain to give up your plans," she writes.
Psychology Today (2/11) 
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Trend Watch
US Beef chairman weighs in on industry trends
Technological evolution, labor costs and consolidation are among the trends to watch in the restaurant industry, said US Beef Chairman Jeff Davis. "Acquiring an established brand enables the buyer to expand their territory and fix the brand and the menu without having to build 1,000 new restaurants," he said.
Tulsa World (Okla.) (2/16) 
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Cartoon-themed rooms found in hotels around the world
Cartoon-themed rooms found in hotels around the world
Mario (Drew Angerer/Getty Images)
Hotels worldwide are offering rooms based on popular cartoon characters. Examples include a Mario Brothers-themed room at the Langham Melbourne in Australia and a Barbie-themed room at Double Tree by Hilton in Denver.
USA Today (2/16) 
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News from IFA
How will AHPs help your business?
The US Department of Labor is taking the next steps needed to begin advancing more affordable health care options through Association Health Plans (AHPs), or "small business health plans." IFA will be submitting comments to the Notice of Proposed Rulemaking at the end of a 60-day comment period, and we'd greatly appreciate your input. Submit your comments.
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Order your IFA 2018 recordings today
Miss IFA 2018 or want to relive your favorite session? Benefit from an entire year's worth of valuable IFA education, and choose from three packages for streaming or download. View package specials.
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IFA Member Monday
Bubbakoo's Burritos forms deal for 2 locations in northern N.J.
Bubbakoo's Burritos has formed an agreement for two new locations in northern New Jersey, and the first is expected to open this summer. The company wants to open 10 locations by the end of 2018.
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Policy and Finance Update
Legislation could codify joint-employer definition
The Society for Human Resource Management, part of the Save Local Business Coalition, was one of the groups that joined in a letter asking Senate leaders to pass the Save Local Business Act. The legislation, passed by the House last year, would define a joint employer as a business that "directly, actually and immediately exercises significant control over essential terms and conditions of employment."
Society for Human Resource Management online (2/16) 
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Democrats voice concerns about potential NLRB changes
A reported plan by the National Labor Relations Board's general counsel to restructure the board has drawn concern from two senators and three members of the House. The five lawmakers, all Democrats, asked for more information and argued such a move could inhibit the independence of regional directors.
Reuters (2/16) 
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I hope I shall always possess firmness and virtue enough to maintain what I consider the most enviable of all titles, the character of an honest man.
George Washington,
first US president
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