Improving diversity in the hotel industry | Executive Care co-founder discusses brand growth | How Taco Bell has grown through innovation
April 22, 2019
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News for the franchise sector
Franchise News
Improving diversity in the hotel industry
Several organizations led by African American women have formed franchise agreements with Choice Hotels. "Franchising is a proven path to the American Dream as it allows entrepreneurs to go into business for themselves but not by themselves -- and few industries provide the stability and security of hotel ownership," said Lester Adams of Choice Hotels.
Hotel Business (tiered subscription model) (4/19) 
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Executive Care co-founder discusses brand growth
Executive Care co-founder and CEO Lenny Verkholglaz is working to grow the business and has plans to add new locations in cities including Denver, Boston and Las Vegas. In this interview, Verkholglaz discusses challenges facing the industry and describes how the business has changed in the past 15 years.
Home Health Care News (4/18) 
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New Franchisees receive $25k bonus
For a limited time, Express Employment Professionals is offering a $25k bonus for opening a new franchise location. Act fast while this incentive lasts. Don't miss out on your chance to jumpstart your franchise. Visit to learn more!
Best Practices and Business Leadership
How Taco Bell has grown through innovation
Taco Bell grew to more than 6,500 units and was voted "America's favorite Mexican restaurant" under former CEO Brian Niccol. The brand has become known for innovation, which is increasingly key as competition grows from both traditional quickserve chains and fast-casual Mexican concepts.
CNBC (4/20) 
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Podcast: Fazoli's CEO discusses brand transformation
Fazoli's CEO Carl Howard discusses the company's footprint and how the brand has changed since his arrival. He also discusses remodeling efforts and the brand's approach to takeout.
FastCasual (4/19) 
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Are you keeping your Franchise Safe?
You put everything into your franchise and we put everything into helping you succeed. HR and Payroll solutions from ADP can help you manage costs, stay compliant and spend less time on administrative tasks and more time on building your dream. Help protect your investment with ADP. Learn more
Trend Watch
Why franchising is so appealing to former pro athletes
Why franchising is so appealing to former pro athletes
Many professional athletes look to franchising as a new career path after their playing days are over, and the structure of the industry is part of the appeal. "Having this structure in place can be an invaluable resource for an athlete who is new to the business world," writes Rick Bisio.
Forbes (4/19) 
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Why gyms, fitness studios are developing content
Some fitness studios and gyms are developing in-house media teams to create content that can serve as another revenue stream. Meanwhile, Orangetheory Fitness is investing in content, but Chief Brand Officer Kevin Keith isn't in a hurry to monetize it. The content "has to be designed for us as tools to motivate," he said.
Digiday (free content) (4/22) 
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Finish Strong with the Right Funding Partner
FranFund designs smart all-in-one funding plans that get franchisees in the race and across the finish line. Our most popular funding programs are SBA loans with a 99% approval rate and 401(k) business financing, which allows you to use qualified retirement savings tax-free and penalty-free. Get started now.
IFA Member Monday
Tropical Smoothie honors franchisee with award
Tropical Smoothie Cafe awarded Springfield, Ohio, franchisee Tim Poulous as its 2019 Single-Unit Franchisee of the Year during its national convention. This was the largest convention yet for the franchise, and the brand received more than 200 nominations for the award.
Springfield News-Sun (Ohio) (tiered subscription model) (4/19) 
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SeoSamba Introduces Magical Email Marketing
Create newsletter with local offices information, email digest from your blog posts, share contacts lists with your franchisees and CRM's, protect your brand and get all metrics from franchisees led campaigns. Save $1M a year by sharing 1 email license across your entire network.
Policy and Finance Update
Why some brands are raising delivery charges
Some companies have increased their delivery charges to ensure that these services make financial sense. Third-party delivery providers were initially hesitant to allow higher fees, but they have since become more "flexible," said Sterling Douglass, who runs the online-ordering business Chowly.
Restaurant Business online (4/15) 
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How restaurants can use coupons to boost business
Restaurants can use coupons to bring in new customers, drive traffic during traditionally slow times and reward loyal patrons. To succeed with a coupon strategy, restaurants need to be able to follow through with food and service levels that make coupon users want to come back, said Ohio restaurant manager David Masterson.
SmartBrief/Food & Beverage (4/22) 
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Bills seek to ensure continued access to association health plans
Republican lawmakers introduced legislation in the House and Senate to protect association health plans after a court struck down new Trump administration rules designed to expand this type of coverage. These plans "provide coverage to people who would not otherwise have it," said Sen. Mike Enzi, R-Wyo.
Associations Now online (4/19) 
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Our nation will succeed or fail to the degree that all of us -- citizens and businesses alike -- are active participants in building strong, sustainable and enriching communities.
Arnold Hiatt,
corporate executive

April is National Volunteer Month, and April 22 is Earth Day

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