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January 7, 2013News for the franchise sector

  Franchise News 
 
  • How Jamba Juice is standing out from the competition
    Despite the presence of larger brands in the fresh juice and smoothie market, Jamba Juice can still excel, according to CEO James White, who recently rang the Nasdaq bell. "We actually think we're playing into a trend that we helped create 22 years ago. Our brand is recognized as one of the healthiest brands in the marketplace, with even all the bigger players included," White said. Jamba Juice grew by 40 locations last year, and it has enjoyed several consecutive quarters of same-store sales growth, White noted. CNBC (1/4) LinkedInFacebookTwitterEmail this Story
  • A burger company's post-bankruptcy rebound
    Fatburger CEO Andy Wiederhorn has been able to get his hamburger business back on track after resorting to bankruptcy filings for two of its subsidiaries. The restaurant company has been able to reduce its debt and move to a franchise model. It has also become active in overseas markets, where more capital is currently available. Entrepreneur online/The Daily Dose blog (1/4) LinkedInFacebookTwitterEmail this Story
  • Pilots run an Express Oil Change unit in Fla.
    After experiencing tough times as pilots in the troubled airline industry, John Grassia and David Smith became Express Oil Change franchisees. "Some companies sell you a franchise and then say, 'Hope you make it,'" Grassia said. "Express Oil wants you to be successful and is there through the whole process of construction and getting your store started." Entrepreneur online (1/4) LinkedInFacebookTwitterEmail this Story
  • Franchisee dishes on Subway's secret to success
    Subway has grown into the world's largest quickservice chain largely by keeping the brand simple and consistent, with healthier options that make it ideal for non-traditional locations including college campuses and hospitals, said operator Larry Feldman. Feldman, a lawyer-turned-franchisee, opened his first Subway location 35 years ago and now operates stores in four states and the District of Columbia. Smart Business/Florida (1/2013) LinkedInFacebookTwitterEmail this Story
Infiniti HR is the national supplier for customizable franchise payroll, HR & true-group benefits.
  Best Practices & Business Leadership 
 
  • Get personal to engage your team
    John Bossong writes that when his 17-year-old daughter picked up her first paycheck, she found that her boss had added a brief handwritten note welcoming her and encouraging her to give her all. That simple act showed the boss' commitment to achieving a "higher purpose" and keeping workers motivated and engaged, Bossong writes. "If you want a team that is unified and aligned, make leadership personal," he writes. SmartBrief/SmartBlog on Leadership (1/3) LinkedInFacebookTwitterEmail this Story
  • How franchisees can start their own business concepts
    Daniel Kurniawan, an Arby's franchisee, has been able to draw on his success with the franchise as he has developed his own brand, called Gachi House of Sushi. "I think if there are franchisees out there looking to start their own brand, they need to focus on a particular segment of customers that they are missing," he advises. It's also important to be consistent, he notes. QSR Magazine (1/2013) LinkedInFacebookTwitterEmail this Story
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  Trend Watch 
 
  • Hotel companies turn to dual-branded properties
    Some hotel brands are introducing dual-branded properties to cater to two different customer segments at the same time. The dual-branded concept can provide "a great return on investment and appeal to two different groups," according to Marriott spokeswoman Jessica Stadd. eHotelier.com (1/4) LinkedInFacebookTwitterEmail this Story
  • In hotel industry, mobile-website usage beats apps
    According to findings from a Google report, "The 2012 Traveler," the number of leisure travelers using mobile devices for information has grown more than 450% since 2009. About 40% of leisure travelers book via mobile browsers while just 12% use applications; 36% of business travelers prefer browsers over the 17% who use apps. Hoteliers should consider creating a mobile website instead of an app, some data suggest. Hotel Management online (1/3) LinkedInFacebookTwitterEmail this Story
  • Other News
  News from IFA 
 
  • December jobs report mirrors franchising’s growth sectors in 2013
    IFA says many sectors showing growth in the December jobs report mirror those sectors expected to be the leading drivers of employment in franchising in 2013. The Department of Labor December jobs report showed the economy added 155,000 jobs last month, many in food service, health care, hospitality and construction -- sectors with high concentrations of franchise businesses that are expected to grow in 2013 according to IFA’s 2013 industry forecast. According to The Franchise Business Economic Outlook: 2013, a report prepared by IHS Global Insight and released Dec. 20, 2012, all 10 business-format franchise lines expect to add jobs in 2013. LinkedInFacebookTwitterEmail this Story
  • Virtual veteran franchise expo scheduled April 6
    On April 6, Veteran Recruiting Services, in cooperation with the White House Joining Forces initiative and the Military Officers Association of America, will host a virtual franchise expo for veterans. This will allow franchisors to showcase their opportunities to veterans from all across the country, in one day, and from the comfort and convenience of their office. Your franchise can be listed in the virtual expo for no charge; however there are several paid options offering more visibility. LinkedInFacebookTwitterEmail this Story
Learn more about IFA ->Join IFA  |  Govt. Relations  |  IFA Events  |  Franchises  |  Suppliers

  IFA Member Monday 
  • Express is giving $30k to 30 new franchisees in 2013
    Express Employment Professionals, whose franchises are averaging annual sales of $4.5 million in the United States and $3.7 million in Canada per territory, celebrates its 30th anniversary this year. What better way to kick off a year of celebrations than to give those looking for a franchise the boost they need to get one. That’s why the franchise is going to give its first 30 new franchisees $30,000 in working capital. LinkedInFacebookTwitterEmail this Story
  Policy & Finance Update 
  • Companies might cut staff, hours to avoid employer mandate
    Some business owners might reduce the number of people they employ or cut hours in response to the employer mandate provision of the federal health care law, which is scheduled to go into effect next year. Thirty-one percent of franchisees might reduce headcount to avoid the mandate, according to an IFA survey. Breitbart.com (1/5) LinkedInFacebookTwitterEmail this Story
  SmartQuote 
If money be not thy servant, it will be thy master. The covetous man cannot so properly be said to possess wealth, as that may be said to possess him."
--Francis Bacon,
British author and statesman


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