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March 4, 2013News for the franchise sector

  Franchise News 
 
  • Better-burger chains among 3,000 franchise restaurants to open
    Farm-to-table and better-burger restaurants are popping up across the country serving a niche market of health-conscious consumers. According to IFA's Alisa Harrison, approximately 3,000 new restaurant franchises are expected to open this year, including farm-to-table better-burger chains such as Boston-based b.good. "We continually see new burger concepts because burgers and fries never go out of fashion," Harrison said. "It's a concept that people like and if it can be replicated from one region to another, franchising is a great way to grow your business." The Boston Globe (tiered subscription model) (2/28) LinkedInFacebookTwitterEmail this Story
  • Franchise industry offers job opportunities for veterans
    Military veterans tired of applying for jobs can find a number of opportunities in the franchise industry, Adam Stone writes. An IFA study reported that more than 64,000 veterans, military spouses and wounded warriors found employment opportunities within the franchise industry in 2011, and franchisors recruited 4,314 new veteran franchisees that year. The IFA's VetFran program also offers financial incentives to honorably discharged veterans for more than 400 franchise companies. Military Times (3/1) LinkedInFacebookTwitterEmail this Story
  • Cinnabon and Auntie Anne's to expand blended concept
    Auntie Anne's and Cinnabon opened co-branded units in Anaheim, Calif., and Livermore, Calif., late last year, expanding menu options and sharing expensive retail space. The combination of the two brands, both owned by parent company Focus Brands, is an experiment in blending and expanding menus and daypart offerings, including a cafe menu with new panini-style sandwiches and premium pretzel hot dogs. The company plans to open four additional Auntie Anne's Cinnabon Caf├ęs in New Jersey, South Carolina and Pennsylvania by May. Nation's Restaurant News (free registration) (2/27) LinkedInFacebookTwitterEmail this Story
  • 5 ways to succeed in a competitive franchise market
    The way business owners approach and deal with industry competition can make or break their success, Costa Vida Fresh Mexican Grill CEO Sean Collins writes. He outlines five tips to help businesses succeed in a competitive industry, including establishing uniqueness, finding a niche, strengthening services, sticking to a business identity and understanding your customer base. Fox Business Small Business Center (2/28) LinkedInFacebookTwitterEmail this Story
  • Wyndham announces rebranding of 8 hotels in U.S.
    Wyndham Hotels & Resorts has announced that it has reflagged and taken over operations of eight hotels owned by FelCor Lodging Trust. The properties, with 2,523 rooms, are in Boston, Houston, New Orleans, Philadelphia, San Diego, Pittsburgh, Charleston, S.C., and Santa Monica, Calif. TravelPulse (3/3) LinkedInFacebookTwitterEmail this Story
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BRICKS 4 KIDZ® provides project-based programs designed to teach principles and methods of engineering to children, ages 3-13+, using LEGO® bricks through after-school classes, in-school field trips, camps, birthday parties and other programs. Low-cost/mobile based franchise, low overhead, high profit margins, proven model. Learn more here.
  Best Practices & Business Leadership 
 
  • Corner Bakery Cafe CEO talks about the brand's rapid expansion
    Since Chicago-based Corner Bakery Cafe began franchising in 2007, the brand has grown rapidly in the fast-casual restaurant industry, with 125 restaurants set to open in the next 10 years. President and CEO Gary Price said he attributes the rapid expansion to the company's 2011 partnership with Atlanta-based Roark Capital Group, and also discusses franchising opportunities and costs and plans for the future. Fox Business (2/27) LinkedInFacebookTwitterEmail this Story
  • Other News
When franchisees get the support they need, franchise-wide growth occurs.
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  Trend Watch 
 
  • Data thieves target computers at restaurant franchises
    Restaurant franchisees are a prime target for data thieves due to flimsy firewalls and server sharing that leaves customer credit card information at risk. "We're always monitoring our computer security because, unlike other problems, we can't see this," Hardee's franchisee Todd Pahl said. Cybersecurity experts advocate a number of options for securing small-business systems, including Pahl's method of separating the server containing sensitive information from general-use computers. The Columbus Telegram (Neb.)/Atlanta Journal-Constitution, The (3/3) LinkedInFacebookTwitterEmail this Story
  News from IFA 
 
  • Franchise industry continues steady advancements
    In 2012, the franchise industry made steady advancements on several fronts, despite a still-challenging economic recovery, partisan gridlock in Washington and uncertainty on public policy issues that will affect IFA members for years to come. The IFA Annual Report provides an overview of how the association has diligently worked to achieve its mission to protect, enhance and promote franchising through government relations, public relations and educational programs. Read the full report. LinkedInFacebookTwitterEmail this Story
  • Management 2000 Seminars scheduled for 2013
    Management 2000 has a number of programs scheduled in 2013, including the online version of its popular course "How to Recruit Better Candidates and Close More Franchise Sales." The course can be taken at your own pace, 24/7. For information on all of their courses, visit their website. All courses offer CFE education credits for certification or re-certification. LinkedInFacebookTwitterEmail this Story
Learn more about IFA ->Join IFA  |  Govt. Relations  |  IFA Events  |  Franchises  |  Suppliers

  IFA Member Monday 
  • Schlotzsky's to create 170 locations, 7,000 jobs in California
    Schlotzsky's signed the brand's largest franchise agreement calling for 170 locations throughout California, including Los Angeles, Riverside, Ventura and San Bernardino Counties. "Between this agreement in California and multiple others we've signed in the past year alone, the momentum is incredible," said Kelly Roddy, president of Schlotzsky's. "On top of the obvious benefits the expansion is having on our brand, it's also creating job growth in communities around the country," Roddy added, noting that the new locations in Southern California will create nearly 7,000 jobs over the next five years. LinkedInFacebookTwitterEmail this Story
  Policy & Finance Update 
  • Regulators crack down on classification of contractors
    State and federal regulators have cracked down on companies in recent months by filing lawsuits against companies that classify workers as independent contractors in an attempt to obtain millions of dollars in back pay and taxes. Some companies are fighting back against an IRS and Labor Department multiagency effort that resulted in the collection of $9.5 million in back wages for more than 11,400 misclassified employees. Targeted companies span the labor spectrum from construction and package delivery to trucking and exotic dance. The Wall Street Journal (3/3) LinkedInFacebookTwitterEmail this Story
  • Sequestration might hit small-business lending
    Sequestration might affect small businesses' access to capital, especially companies that rely on Small Business Administration loan guarantees. Cuts to SBA loan guarantees could lead small businesses to alternative lenders, some say. CFO.com (2/28) LinkedInFacebookTwitterEmail this Story
  SmartQuote 
The man who insists upon seeing with perfect clearness before he decides, never decides. Accept life, and you must accept regret."
--Henri Frédéric Amiel,
Swiss philosopher, poet and critic


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