Franchise Growth Strong in 2016
Multi-Unit Franchisee - June 2016
2016 should be another big year for franchises. Franchise small businesses will once again grow at rates that exceed non-franchise business growth this year, according to the Franchise Business Outlook: 2016 released by the International Franchise Association...
The New California Franchise Relations Act: A Game Changer for Franchisors Operating in California
Davis Wright Tremaine LLP - October 28, 2015
By: Rochelle Spandorf
California will notch another franchise regulatory distinction come January 1, 2016: home to the toughest franchisee-protection law in the nation. On October 11, 2015, Governor Jerry Brown signed a bill amending the California Franchise Relations Act ("CFRA") to expand franchisee rights when it comes to termination, renewal and transfer of franchise agreements...
New Franchise Models Boost Employment Figures
Forbes - December 17, 2015
By: Steve Olenski, Contributor
The franchise model has stood the test of time, most notably through fast food outlets and restaurant chains. Recent figures indicate just how much this business model is performing in terms of contributing to our national economy. Beyond just revealing significant contributions to boosting employment figures, the results have also noted that the evolution of the franchise model to include innovative hybrid models for further job opportunities is being used to expand other possibilities in previously unforeseen markets and organizations...
U.S. Commercial Service to Franchisors: Seize the Trends and Grow Globally
Franchising World – March 2011
By: Kristin Houston
FW: Why should franchisors go international?
Houston: Given that 95 percent of the world's potential consumers are beyond U.S. borders, there's a lot of market potential yet to be tapped. When you look at U.S. exporters as a whole, 58 percent of them only sell to one market. If you’re a franchisor already doing business in an overseas market, why not discover other similar markets? Overseas expansion is a natural strategy for franchisors to pursue...
6 Steps to Franchising Your Business
Inc. – July 27, 2011
By: Matthew Deluca
Franchising your small business may be a good way to grow fast. Figuring out whether or not franchising will work for you is a matter of knowing your business and yourself...
How to Grow a Great Franchise
Franchising World – January 2009
By: Morgan J. Arnold, Ph.D.
A franchise becomes great by having a lot of great franchisees, not just a lot of franchisees. A significant barrier in becoming great is that most franchise companies do not market their franchise opportunity well. They do not recognize the critical differences between consumer and franchise sales marketing, allocate insufficient budgets, target quantity over quality, and therefore fail to distinguish themselves in a very competitive marketplace...
Private Equity: Take Your Franchise to the Next Level
Franchising World – December 2008
By: Russ Reynolds, CFE
The uncertainty of the financial markets and credit crunch that has materialized during the second half of the year has many businesses concerned about their capitalization. Private equity has emerged as a prominent alternative for companies seeking outside investors ranging from a minority shareholding to a full-control sale. Let’s look at some key considerations as to whether or not private equity is a likely source of capital that will allow franchisors to take their systems to the next level...