finance

Bedshed Restructure Results In Profit Rise And Expansion Plans

Franchising.net.au: A restructured business model at bedding and furniture retail franchise Bedshed has helped boost net profit after tax by 1148 percent for its parent company, Joyce Corporation, for the six months to 31 December 2010. The corporation’s profit of $2,023,410 compares to a loss of $193,000 for the corresponding period in 2009. Joyce chairman […]

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AdviCoach(R) Suggests Using A Team Approach To Grow Your Business

Franchising.com: In any economy, let alone a challenging one, business owners need to remain competitive to survive and even thrive. With the demands of managing all aspects of a business, business owners can often lose sight of their goals, which sometimes results in the inability or unwillingness to see beyond their blind spots and take

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CiCi’s Pizza Selects BoeFly To Assist Its Franchisees In Obtaining Bank Financing

PR.com: BoeFly, the premier online marketplace connecting lenders with business borrowers, announced today that CiCi’s Pizza, an award-winning pizza franchise, has selected BoeFly to assist its franchisees in obtaining bank financing. Nearly half (49.2%) of the respondents in a recent member survey by the International Franchise Association (IFA) identified “financing/access to credit” as the top

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Pizza Hut Franchisee NPC Cooks Up Sales Turnaround In 2010

Bizjournals.com: NPC International Inc. cooked up a much tastier 2010, using simplified pricing inspired by Pizza Hut’s $10 Any Pizza promotion to boost formerly flagging sales and nearly double profits. For the year that ended Dec. 28, the Overland Park-based Pizza Hut franchisee’s revenue rose by about 11 percent to $978.3 million, and earnings almost

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Funding A Big Issue Here Too, US Franchises Tell Largest Aussie Delegation At IFA Convention

Franchising.net.au: Australian interest in the US marketplace and franchising trends continues to grow with the Franchise Council of Australia‘s largest delegation attending this year’s International Franchising Association’s convention. Delegates heard that access to credit continues to be a major concern for the franchising community. Funding issues for both franchisees and franchisors was highlighted as one

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Bruegger’s Bagels Closes Knoxville Store

Knoxville News Sentinel: Bruegger’s Bagels closed its Knoxville store in in Bearden Village yesterday. Bruegger’s franchisee Christine Taylor closed the fast-casual bakery and cafe at 4618 Kingston Pike “to pursue other opportunities,” the company said today. Bruegger’s said it will continue to look for other Knoxville locations. The fast casual company’s nearest stores are in

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Giordano’s Files For Bankruptcy, Plans To Stay Open

Chicago Tribune: Giordano’s, known for its “world famous Chicago stuffed pizza,” won court approval Thursday to use a portion of its $36 million bankruptcy loan to continue operating. Fifth Third Bank provided the financing. The bank agreement outlines the possible sale of the company. Giordano’s operates six company-owned stores in the Chicago area, four joint-venture

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