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January 28, 2013News for the franchise sector

  Franchise News 
  • How East Coast Wings & Grill turned the downturn into an opportunity
    The recent economic recession proved to be an opportunity for East Coast Wings & Grill, which has reached agreements to add 70 new locations during the next few years. The downturn improved the franchise's bargaining position as it sought to work with major food manufacturers. "The recession probably was one of the best opportunities we've had to shift the restaurant and throttle to the next level," said Sam Ballas, CEO of ECW Enterprises, the brand's parent company. Winston-Salem Journal (N.C.) (1/22) LinkedInFacebookTwitterEmail this Story
  • How do you know when you have too many hotels?
    Many hotel brands have set their sights on growth, but some industry experts are wondering whether the market is in danger of oversaturation in the U.S. Wayne Goldberg of La Quinta Inns & Suites suggested that oversaturation is not a major concern in the short term, but David Kong of Best Western and Eric Danziger of Wyndham Hotel Group were more cautious. "Much of the pain we experience is self-induced pain," he said. "Our industry has forever started building as long as there is bright light of any kind." (1/25) LinkedInFacebookTwitterEmail this Story
  • McDonald's receives sustainability certification for its fish
    McDonald's has earned certification from the Marine Stewardship Council for the sustainability of its fish products, which will allow it to display the organization's blue "eco-label" on its packaging in the U.S. Its European division already uses the label. Meanwhile, Darden Restaurants, the parent company of Red Lobster, has also made investments to promote the sustainability of its seafood. Nation's Restaurant News (free registration) (1/25) LinkedInFacebookTwitterEmail this Story
  • Woman learns about Dogtopia and the value of the franchising model
    Dogtopia, a dog care business that was founded in 2002, has grown to include 25 locations across the country, and most of those are franchised. "In a franchise, you are not going into business alone," writes Francine Hardaway, who attended Dogtopia's Discovery Day to learn more about the brand and its operations. "You have the support of others who have been there before you and know how to help you avoid costly mistakes." American City Business Journals/Phoenix (1/22) LinkedInFacebookTwitterEmail this Story
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  Best Practices & Business Leadership 
  • Help your employees stay strong in the face of stress
    You can help your employees overcome the stress in their personal and professional lives by creating a positive culture at your business, writes Tony Schwartz. A supportive community has "the power to serve as a sanctuary -- to protect, ground and encourage us, not just in extreme circumstances, but also in the face of countless everyday challenges." Business Insider (1/26) LinkedInFacebookTwitterEmail this Story
  • Small-business staffing strategies that won't break the bank
    Finding the people you need to expand your business can be difficult if you don't have much money, but it is possible, writes Laura Roeder. You can start by hiring a part-time employee or creating an internship, she notes. "Even if you start with low-paid, internship, or part-time positions, look for people who have the potential to stick with you." Fast Company online (1/23) LinkedInFacebookTwitterEmail this Story
  Trend Watch 
  • Resort opportunities, financing are opening up for investors
    Opportunities for investing in resort properties are emerging in several U.S. markets as available financing continues to grow, a panel of resort executives said during a session at last week's Americas Lodging Investment Summit in Los Angeles. "Lenders are still conservatively underwriting resorts, but if you have a good story, you're a good sponsor and you have a track record of success they're now looking at your future 12 months instead of just your past 12 months," said Robert Lowe Jr., CEO of Lowe Hospitality Group. (1/25) LinkedInFacebookTwitterEmail this Story
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  News from IFA 
  • IFA Convention is less than 3 weeks away
    Plan on attending the 53rd IFA Annual Convention to get the latest franchise news you can use to build your brand and network with industry colleagues. The event is Feb. 17 to 20 in Las Vegas and will feature high-powered speakers from franchising, the policy arena and the media. Check out what industry leaders have to say about this year’s event and why they won’t miss it. Register now before online registration ends Feb 1. LinkedInFacebookTwitterEmail this Story
  • Get connected: Join your peers via new IFA member-only network
    The secret is out. You've been hearing the whispers within the franchise community and now IFA is officially launching a members-only collaborative network -- FranSocial. IFA invites the entire IFA membership to get connected by joining in FranSocial. This community is a safe place for you to pose questions to IFA member industry experts, share documents, participate in discussions on topics that impact your business and find franchise professionals who share your interests. LinkedInFacebookTwitterEmail this Story
Learn more about IFA ->Join IFA  |  Govt. Relations  |  IFA Events  |  Franchises  |  Suppliers

  IFA Member Monday 
  • Marco‚Äôs Pizza franchise on unstoppable growth path
    Marco’s Pizza has opened 61 new locations in 2012, and since 2007, the franchise system has taken less than five years to more than double in size. Founded in 1978 by Italian born Pasquale “Pat”, the company has grown from its roots as a beloved Ohio brand to operate more than 325 stores in 26 states, the Bahamas and Panama. Also, the franchise entered into a $100 million deal with privately held movie rental chain, Family Video, to open Marco’s outlets in as many as 350 of its movie stores within the next seven years. LinkedInFacebookTwitterEmail this Story
  Policy & Finance Update 
  • Lawmakers develop immigration-reform proposal
    A bipartisan group of senators has developed an immigration proposal that would provide a way for illegal immigrants living in the U.S. to become citizens while strengthening the country's border-control efforts. Meanwhile, President Barack Obama is expected to soon give more information about his own immigration plan. Politico (Washington, D.C.) (1/28) LinkedInFacebookTwitterEmail this Story
If fate means you to lose, give him a good fight anyhow."
--William McFee,
British-American writer

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