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February 11, 2013News for the franchise sector

  Franchise News 
 
  • Cinnabon's president discusses her career, business growth
    Kat Cole, who disguised herself for the CBS TV show "Undercover Boss," started her career at Hooters and has since worked her way up to become the president of Cinnabon. In this interview, she discusses that transition and Cinnabon's growth into a billion-dollar business with locations around the world. CBS News (2/8) LinkedInFacebookTwitterEmail this Story
  • IFA's priorities include health care, tax reform
    The Patient Protection and Affordable Care Act has already become law, but details of its implementation are still up in the air, according to IFA president and CEO Stephen Caldeira. "All the rules haven't been promulgated on health care; the dialogue is open, so this is the time when we have a chance to make changes," he said. Additionally, IFA is concentrating on tax reform and on labor-relations issues, he said. Franchising Business & Law Alert (free content) (2/1) LinkedInFacebookTwitterEmail this Story
  • How Flip Flop Shops achieved rapid growth
    After cutting his teeth as a part of the Cold Stone Creamery organization, Darin Kraetsch and his business partners eventually began franchising a store that sells flip flops. Flip Flop Shops got off to a slow start thanks to the troubled economy, but it has since generated millions in system-wide sales and been recognized as one of the fastest-growing franchises in the country. "Truly, one of the greatest accomplishments that I am so proud of is the team that stuck around to make it happen," said Kraetsch, the brand's CEO. The Marietta Daily Journal (Ga.) (2/10) LinkedInFacebookTwitterEmail this Story
  • LeDuff brands expand through franchising
    Bruegger's Bagels is expecting to open a total of 19 units this year as the brand seeks to grow in areas such as Atlanta, Phoenix and Austin, Texas. Meanwhile, la Madeleine Country French Café, which, along with Bruegger's, is owned by Le Duff America, is planning to begin franchising. QSRMagazine.com (2/8) LinkedInFacebookTwitterEmail this Story
  • Fitness Together rebounds after recession takes its toll
    The Fitness Together franchise went through tough times during the country's economic downturn, but the brand has battled back. The company now offers monthly memberships and it has also introduced fitness sessions for small groups. "Our franchise owners have seen significant increases in their base, their revenues and boosted morale among their staff. The energy is at an all-time high," said Jeff Jervik, who became the brand's CEO in 2008. The Denver Post (2/9) LinkedInFacebookTwitterEmail this Story
Roll-overs for business startups – 401k Financing
Did you know you could start a business or franchise with your retirement funds tax-deferred and penalty free? Benetrends originated 401(k) / IRA rollover funding with our revolutionary Rainmaker Plan® and are regarded as the authority in franchise financing. Call to speak with a Senior Consultant (866) 423-6387 or email info@benetrends.com!
  Best Practices & Business Leadership 
 
  • The power of "why"
    You need to explain why your company does what it does if you want your employees to be truly engaged with their work, writes Bryan Burkhart, founder of H.Bloom. Burkhart is planning an internal "road show" during which he will discuss the company's values and goals for 2013. He also plans to give employees a theme for 2013 and allow them to ask questions. The New York Times (tiered subscription model)/You're the Boss blog (2/7) LinkedInFacebookTwitterEmail this Story
TIPSHEET: 13 Ideas to Supercharge Your Next Meeting is a quick-hit list of ways to raise attendee engagement and make your next franchise conference a more memorable experience. Earn rave reviews at your next event with these tips from the certified planners at Meeting Expectations. Get the tips!
  Trend Watch 
 
  • Luxury-hotel transaction costs waned in Q4, report says
    According to a new Cornell Center for Real Estate and Finance study, the prices for large-scale hotel real estate transactions slowed in the fourth quarter last year. Construction costs for new luxury hotels are equal to the price tags on existing luxury hotels, the report says. An HVS report stated that Detroit, Chicago and Austin, Texas, are markets where hotel development is active. Hotel Management online (2/7) LinkedInFacebookTwitterEmail this Story
  • Quickserve eateries experiment with high-tech cooking methods
    Small, casual chains are experimenting with molecular gastronomy to entice patrons, including Sub Zero Ice Cream and Yogurt which instantly freezes its ice cream right in front of customers using liquid nitrogen. "We had to make something that was very different, so people would come to us instead of the competition," said founder and CEO Jerry Hancock. Some high-tech methods, such as sous vide, are already considered ordinary in some chain restaurant kitchens. QSR Magazine (2/2013) LinkedInFacebookTwitterEmail this Story
When franchisees get the support they need, franchise-wide growth occurs.
Find out how top franchise brands are using OrderCloud internal ecommerce to enable the 24/7 ordering of goods and content and the distribution of ideas and innovation system-wide. CLICK HERE TO FIND OUT HOW.
  News from IFA 
 
  • Less than one week to join us in Las Vegas
    The 53rd IFA Annual Convention starts Feb. 17 in Las Vegas. The convention is filled with unique educational and networking events, including ICFE Special Sessions, Annual Leadership Conference, all-new Franchisee Leadership Summit and Franchising Gives Back. See world-class speakers such as Condoleezza Rice, CKE Restaurants CEO Andrew Puzder and MSNBC's "Morning Joe" hosts Mika Brzezinski and Joe Scarborough. Enhance your convention experience by downloading IFA's convention mobile app and gain 24-hour access to the schedule of events, speaker PowerPoints and our interactive trade show floor plan. You can still register online at the on-site registration rate. There is one booth left in our exhibit hall. For details, contact IFA Senior Director of Meetings Anne Poodiack. LinkedInFacebookTwitterEmail this Story
  • Matchmaking portal is the perfect blend for franchise companies
    The IFA and the International Council of Shopping Centers have created an 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 contains available retail properties by location, size, ownership/management and demographic information. ICSC and IFA members can post all their available properties and space needs for free by using the "Add/Update Space Requirements" or "Add/Update Your Available Space" buttons available at the site. Go online for more details. LinkedInFacebookTwitterEmail this Story
THE FRANCHISE YOU’VE BEEN WAITING FOR.
RadioShack has a global presence and a variety of innovative products and services. With reasonable investment levels and hundreds of potential markets, a RadioShack franchise represents an exciting opportunity for you to associate with a powerful retail brand. Click here to learn more.
Learn more about IFA ->Join IFA  |  Govt. Relations  |  IFA Events  |  Franchises  |  Suppliers

  IFA Member Monday 
  • Painting with a Twist is painting the town
    Painting with a Twist expanded its network of studios to 77 in 2012, and the nation's leading paint-and-sip franchise has no plans to slow down. "We continue to expand through franchising with people from all walks of life. We're seeing success with franchisees who have left their corporate career to those who've always wanted to start a business with their spouse," Co-Founder Cathy Deano said. LinkedInFacebookTwitterEmail this Story
  Policy & Finance Update 
  • For more: Read the IFA news release to learn more about the Grassrotts Innovation Award. LinkedInFacebookTwitterEmail this Story
  • Employers prepare to pay more without Medicaid expansion
    In states that have indicated they may not expand their Medicaid programs, employers could be hit with greater health care costs. Employers could shoulder the cost of covering uninsured full-time employees if states fail to extend Medicaid benefits to more people under the Affordable Care Act. Franchise companies such as Captain D's, Regis Corp. and Mooyah could be affected by how states decide to proceed. "The more people we [insure], the more our costs would certainly go up," said Alexis Barnett Gillette, Mooyah's director of marketing. The Wall Street Journal (2/10) LinkedInFacebookTwitterEmail this Story
  SmartQuote 
The only man I know who behaves sensibly is my tailor; he takes my measurements anew each time he sees me. ... The rest go on with their old measurements and expect me to fit them."
--George Bernard Shaw,
Irish playwright


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