August 4, 2011

Priszm Selling Some Restaurants In The Maritimes For $2.5 Million

Winnipeg Free Press: Insolvent Priszm Income Fund announced Tuesday that it plans to sell 38 of its restaurants in New Brunswick and Nova Scotia for about $2.5 million. The sale to FMI Atlantic Inc., an entity controlled by a current Canadian Yum! Restaurants International franchisee, is subject to court approval under the Companies’ Creditors Arrangement

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Magnetic Energy

What if you only needed a generator made up of magnets for electricity? That is an idea inventor Jim Moe has been considering with his own magnetic energy generator. He’s far from the first to create such a contraption. A quick Internet search finds dozens of entrepreneurs selling plans for magnetic generators promising to power

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Snap-On Credit Program To Benefit Prospective Franchisees

Dynamic Business: With small businesses often facing issues obtaining financial support from major financial institutions, Snap-on Tools has implemented a new credit program aimed at assisting prospective franchisees by allowing it to finance the start-up costs of a new franchise for an initial investment by a prospective franchisee of a minimum of $37,000. Snap-on Tools

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Big Ideas Do Pay Off

Evan Savar has been inventing for as long as he can remember. At the age of 21, he has already found some success with a trophy picture stand, a talking gift wrap bow and a silicone flat-screen TV effect, reports Las Vegas Review-Journal. Inventions, he said, just come to him. Take his latest one —

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Strong Unit-Level Economics Boosts Franchise Sales

FranchiseUpdate: Unit-level economics. This single key is the greatest predictor of a franchisor’s future success! All enduring franchise brands are built on a foundation of both the consistent successes of its existing franchisees and almost certain financial successes of future franchisees. Right now, as you read this, many thousands of potential franchisees are searching online

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Franchise Gator Partners With The Educated Franchisee

DigitalJournal.com: The most important factor for a franchisee’s success is choosing the right franchise. No one knows this better than Rick Bisio who has helped thousands of successful franchises choose the right brand. Because of his passion for connecting the two, he’s written several books on the subject, including The Educated Franchisee (Second Edition published

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Bennigan’s Teams Up With Henry S. Miller To Retake Texas

Bizjournals.com: Bennigan’s Franchising Co. has hired Daniel Harris of Henry S. Miller Brokerage to represent the restaurant in its relaunch across Texas. Harris will be responsible for finding prime real estate for Bennigan’s franchisees in major metropolitan areas. He also will help find a spot for the company’s flagship restaurant and training facility in Dallas-Fort

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