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December 3, 2012News for the franchise sector

  Franchise News 
  • Franchising embraces vets
    IFA is committed to helping thousands of veterans to find opportunities after they have completed their service. "Franchising success relies on following a system, following procedures and excellent leadership and operational skills," IFA's Beth Solomon said. "Military training has historically translated into franchise success." Associations Now (12/2012) LinkedInFacebookTwitterEmail this Story
  • Business organizations help veterans find work
    Auntie Anne's, which offers discounted franchise fees for veterans, is one company that is participating in IFA's push to hire veterans. There have also been a number of job fairs across the country by the U.S. Chamber of Commerce to help veterans find jobs. LancasterOnline (Pa.) (12/3) LinkedInFacebookTwitterEmail this Story
  • FranNet sees surge in business during troubled economy
    FranNet, which matches people with franchise opportunities, is on pace for a record year as clients who lost their jobs because of the country's economic troubles look for a new start. "Specifically, six-figure income people who are unemployed or soon-to-be are realizing that jobs are few and far between," said FranNet's Jania Bailey, who was recently chosen for IFA's board of directors. "They're taking control of their own destiny. They're saying, 'I'd rather invest in myself rather than ride this roller coaster of corporate America.'" American City Business Journals/Louisville, Ky. (11/30) LinkedInFacebookTwitterEmail this Story
  • This week's "Undercover Boss" will feature PostNet's CEO
    PostNet CEO Steve Greenbaum will appear in the Dec. 7 edition of the CBS TV show "Undercover Boss," which allows company leaders to interact with their employees while in disguise. "Going undercover gave me an unprecedented opportunity to get a sense of how the decisions we've made at the executive level have affected our franchise owners, employees and customers," he said in a statement. American City Business Journals/Denver (11/29) LinkedInFacebookTwitterEmail this Story
Solving the Healthcare and Insurance dilemma for Franchises
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  Best Practices & Business Leadership 
  • How to get a struggling unit back on track
    It's important to recognize how each unit fits into the franchise as a whole, according to Rose Kuhnau, a Smoothie King franchisee who helped to significantly boost sales at one location. You can turn around a struggling unit by boosting the efficiency of its operations and working to fix all of its problems simultaneously, she advises. QSR Magazine (11/2012) LinkedInFacebookTwitterEmail this Story
Franchising USA - The Magazine for Franchisees
Franchising USA is a monthly digital publication for franchisees with the latest news, expert advice, and information from the world of franchising. A great resource for legal and financial advice as well as marketing and business information, Franchising USA, by CGB Publishing, also provides global marketing solutions for the franchise industry. Learn more here.
  Trend Watch 
  • Study: Good reviews boost hotel-room revenue
    A new study by the Cornell University School of Hotel Administration found that a hotel's online reputation based on its user reviews is directly linked to the movement of its revenue per available room. The study found that a hotel's revPAR rises by 1% with every 1% increase in its online reputation score, taking multiple review sites into account. Travel Weekly (11/29) LinkedInFacebookTwitterEmail this Story
  • Small-business owners might be done with daily deals
    Only a small percentage of business owners have been able to generate repeat business by partnering with daily-deal sites such as Groupon and LivingSocial, according to a recent survey by Manta. "The average net loss per order was significant, and the average customer we gain through our own marketing initiatives repeats business with us at a significantly higher rate," said Josh Neblett, co-founder of GreenCupboards, describing his company's experience with daily deals. Bloomberg Businessweek (11/29) LinkedInFacebookTwitterEmail this Story

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  News from IFA 
  • IFA, ICSC partner to connect real estate openings with franchise development
    IFA and the International Council of Shopping Centers have launched a new online matchmaking portal designed to streamline franchise companies seeking real estate and landlords and brokers looking for retailers to fill open space. The ICSC/IFA Matchmaking Database can be accessed by thousands of retail and real estate professionals online daily. Retailers can post their need for space and landlords and brokers can post available retail space. The searchable databases contain available retail properties by location, size, ownership/management, and demographic information. LinkedInFacebookTwitterEmail this Story
  • IFA’s Miami trade show to highlight latest mobile franchise concepts
    IFA’s Franchise Expo South will present the latest opportunities from a growing number of mobile franchise businesses and hundreds of industry-leading franchise brands. From Jan. 11 to 13, prospective franchisees invited from South Florida, Latin America and the Caribbean will gather at the Miami Beach Convention Center and meet franchisors to discuss new franchise business opportunities while examining the latest issues affecting the franchise industry. Through its exclusive partnership with, Franchise Expo South will showcase the first “GoMobile Pavilion,” which will highlight dozens of franchises that have literally taken their businesses to the streets. LinkedInFacebookTwitterEmail this Story
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  IFA Member Monday 
  • Snap Fitness signs deals in Southeast Asia, Hong Kong, Egypt and Mexico
    Snap Fitness, with nearly 1,400 clubs already open and operating in seven countries, announced newly signed master agreements that will bring its concept to Singapore, Thailand, Hong Kong, Philippines, Indonesia, Malaysia, Egypt and Mexico. “Health and fitness are universal concerns,” said Snap Fitness founder and CEO Peter Taunton. “Our model provides a quick and convenient work out that resonates with any demographic and ethnicity. We look forward to our continued growth across the globe and are eager to see where the Snap Fitness brand takes us next.” LinkedInFacebookTwitterEmail this Story
  Policy & Finance Update 
  • Bojangles figures health care into its growth plans
    Charlotte, N.C.-based Bojangles is aiming for fast-but-sensible growth this time around, having learned lessons from the missteps of the 1980s that caused the chicken chain to downsize from 350 to fewer than 200 units. Today, the chain boasts more than 530 eateries and is considering how to keep health costs manageable with the changes coming from the federal health care law. “We’re still working through the process, but there will probably be more people that are part time that become new hires than full time,” CEO Randy Kibler said. The News & Observer (Raleigh, N.C.) (12/1) LinkedInFacebookTwitterEmail this Story
Silent gratitude isn't much use to anyone."
--Gladys Bronwyn Stern,
British writer

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