Franchising.net.au: The Franklins chain of supermarkets is now owned by Metcash, parent company of the IGA grocery store banner. The sale was completed on 30 September, after the Australian Competition and Consumer Commission’s application for a temporary injunction was overruled by the Federal Court of Australia. Gareth Ackerman, chairman of South African based Pick n […]
Franklins Bought By Metcash Read More »
NuWire Investor: An ongoing investigation into Small Business Association (SBA) “liar loans†provided by banks to franchisees has all three sides – franchisees, franchisors and banks – pointing fingers. The investigation revealed that some banks had prior agreements with franchisors to service their franchisees’ SBA loans regardless of the qualifications, and loan officers would not
Franchisees Fed False Numbers Read More »
Washington Post: Who: Frank Maresca, franchisee owner. Company: Moe’s Southwest Grill at South Riding and Chantilly. Charitable giving highlights: Gave nearly $60,000 to the Juvenile Diabetes Research Fund in the last year. How did the partnership with the Juvenile Diabetes Research Fund begin? Five years ago, a customer approached me and said her daughter was
Helping Out: Franchisee Finds Fit With Juvenile Diabetes Charity Read More »
openPR: The key drivers to franchise financial success are being identified through new research from Griffith University’s Asia-Pacific Centre for Franchising Excellence. The Franchise Performance Metrics Report 2011, released today, identifies sector averages, as well as averages for the top 20 percent of franchises (and low 20 percent) across more than 60 key performance indicators.
Research Identifies Indicators Of Franchise Success Read More »
What was once said about television has made its way into social media: too much of it makes us lazy. At least, that is the theory Edward De Bono has, according to News.com.au. “There’s a danger in the internet and social media,†says Mr De Bono. “The notion that information is enough, that more-and-more information
Does Social Media Make Us Lazy? Read More »
Names like Levi Strauss and Rube Goldberg are generally well known for many reasons, but the Quincy Herald Whig looks at what these people did before they reached fame. Levi Strauss (1829-1902) Twenty-four-year-old Levi Strauss left New York for San Francisco in 1853 to open a dry goods store with his sister and brother-in-law. They
What They Did Before Fame Read More »
A lot of focus has been placed on the need to grow small business in the United States, but what about China? A recent article from AFP highlights a need for change in the way money is loaned to small businesses in their country. China’s banks — which are not allowed to charge higher interest
Chinese Entrepreneurs Fleeing From Debts Read More »
The Franchise Magazine: The Alternative Board (TAB) has provided many professionals with the means to enjoy a second career as their own boss. Tom Morton gives an insight into his first two years as a TAB franchisee. I had been a senior partner at a national accountancy firm prior to owning the Harrogate franchise for
“I’m Always Working With People I Like†Read More »
The Daily News Online: The Genesee County Economic Development Center is hosting a free seminar on business franchising Friday at the Upstate New York Med & Tech Center. “Franchising A to Z†runs from 9 a.m. to noon. Experts in business creation and franchising will talk about how to explore franchising, what mistakes to avoid
Genesee EDC Offers Free Franchising Seminar Read More »
MarketWatch: For many experienced professionals, finding a job in today’s economy can be very tough. Business owners, of both large and small companies, are focused on the bottom line more so than hiring new talent. Therefore, entrepreneurship has become a more viable option for many. The term, “forced entrepreneurship” is becoming a new trend as
