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February 4, 2013News for the franchise sector

  Franchise News 
  • Why an automotive franchise isn't looking for car experts
    The Christian Brothers Automotive franchise looks for potential franchisees who are skilled managers rather than those who have extensive knowledge about the automotive industry. "We do not want any of our franchisees knowing anything about cars," said Mark Carr, Christian Brothers' president and CEO. "If they know about cars, they can be in the running, but 90 percent of the time, we turn them down." To overcome the knowledge gap, the franchise hires the initial employees for the franchisee. Smart Business (2/2013) LinkedInFacebookTwitterEmail this Story
  • Woodhouse Day Spa moves ahead with U.S., overseas growth
    Jeni Garrett got into the spa business when she was only 21, and since then she has helped to grow The Woodhouse Day Spa company to include more than 29 locations. The brand is opening additional spas in the U.S., and it is also pursuing expansion in India. The brand is tweaking its menu of services to cater to customers in India, she noted. (2/1) LinkedInFacebookTwitterEmail this Story
  Best Practices & Business Leadership 
  • 6 ways to boost engagement through empowerment
    Leaders who focus on employee empowerment will have greater worker engagement than those who focus only on exercising their control, Thomas J. Walter writes. He suggests six steps to successful engagement, including giving workers the chance to make decisions and not assigning blame when failure occurs but rather focusing on the cause and fixing it. SmartBrief/SmartBlog on Leadership (1/31) LinkedInFacebookTwitterEmail this Story
  • Stop petty problems from ensnaring your staff
    Watch out for disagreements among your employees that could grow into larger problems, writes Eric V. Holtzclaw, CEO of Laddering Works. Head off problems as they start to arise, he writes. "Offer to facilitate a conversation between the employees, but don't agree to become their arbitrator," he advises. "It's best when the employees at odds can come to agreement on their own and in private." Inc. online (free registration)/Lean Forward blog (1/31) LinkedInFacebookTwitterEmail this Story
  Trend Watch 
  • Restaurant brands can't lock in prices to combat rising cost of beef
    Beef prices have risen because of recent droughts, and restaurant brands are having difficulty locking in prices in their purchasing contracts. "We can't really contract for ground beef anymore ... We can just lock in supply but not price," said Guy Constant of Brinker International, which is the parent company of Chili's Grill & Bar. Beef prices have risen 7% this year, according to Adam Werner of consulting firm AlixPartners. Reuters (2/1) LinkedInFacebookTwitterEmail this Story
  • Knitting factories bring production back to NYC
    The "Made in the USA" movement is winning new converts in New York City, where apparel companies are investing in factories that hope to help revitalize the city's garment industry. "We are just the first of many to come," said Ricky Schiffer, who with partner Leonard Keff invested $2.6 million to open a New York City sweater factory in December. Crain's New York Business (2/3) LinkedInFacebookTwitterEmail this Story
  News from IFA 
  • Register for the 53rd IFA Annual Convention
    Registration for the 53rd IFA Annual Convention is on record pace. Don't miss your chance to be a part of the premier event in franchising. You can still register online at the on-site registration rate. 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. Download your mobile application to get breaking information about the convention. There are still a few booths left in our exhibit hall. For details, contact IFA Senior Director of Meetings Anne Poodiack. LinkedInFacebookTwitterEmail this Story
  • Business responses for the 2012 Economic Census due Feb. 12
    Nearly 4 million businesses have received forms for the 2012 Economic Census, the U.S. Government's official five-year measure of American businesses and the economy. By law, these businesses must respond by Feb. 12. Go online to get help with forms and fill them out, and learn about the Economic Census. LinkedInFacebookTwitterEmail this Story
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  IFA Member Monday 
  • Planet Beach launches new spa design and franchise financing
    Planet Beach introduced a new spa design and franchise financing program aimed at attracting new franchise owners in new and existing markets worldwide. "Being able to offer financing options to help current and prospective franchise owners is a tremendous growth opportunity for our company," said Stephen Smith, CEO of Planet Beach. "Not many franchise groups are able to support their owners like we are. This program is exciting to our spa owners who are ready to adopt the new design and take our brand to the next level." LinkedInFacebookTwitterEmail this Story
  Policy & Finance Update 
To attain knowledge, add things every day. To attain wisdom, subtract things every day."
Chinese philosopher

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