Annual Franchise 500(TM) List Provides Insight Into Consumer Trends Entrepreneur has released its 32nd annual Franchise 500(TM) list. Based on objective and quantifiable factors such as financial strength and stability, the magazine ranked the top 500 franchises in the nation. Although the economy will inch slowly and sporadically forward in 2011, Entrepreneur predicts that franchisor support will allow some chains to thrive. Free

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Spoilt For Choice While low unemployment levels are good for the economy, they’re not as helpful to franchisors that are looking to recruit new franchisees. As job security and wages increase, individuals are less likely to take the risk of leaving the safety net of paid employment as the potential rewards from acquiring and running a successful

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ColorTyme CEO Earns Franchise Certification

RTO Online: Bob Bloom, president and CEO of national rent-to-own franchisor ColorTyme, was recognized today as a Certified Franchise Executive by the Institute of Certified Franchise Executives. Bloom completed a comprehensive course of study in franchise management offered by the institute, which is the academic branch of the International Franchise Association’s Educational Foundation. The International

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Help From The Inside

Wall Street Journal: Franchisers across the country are trying to get their franchisees to tap into a valuable resource: each other. Owning a franchise brings challenges that other businesses don’t face—but it also comes with a support network other entrepreneurs don’t have. Franchisees can lean on peers who sell the same goods and services, deal

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ZeeWise Announces Software Enabling Automated Reporting For Franchising “Item 19” Financial Performance Representations (Fprs)

Benzinga: ZeeWise™ Inc., the leading provider of Franchise Business Intelligence (FBI) software announced today the release of their new “Item 19 Enabler™” software at the 51st annual International Franchise Association (IFA) Convention in Las Vegas, Nevada. For the first time in franchising, the new ZeeWise software enables franchisors to automate the process of collecting, consolidating

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Silver Chef Targets Australian Franchisors Silver Chef, which helps hospitality businesses fund their equipment needs through a Rent-Try-Buy system, has launched a Franchise Accreditation Program, available to franchisors Australia-wide. The program, which has already seen two successful accreditations in Zambrero Fresh Mex Grill and Muzz Buzz Coffee, offers accredited franchisors the ability to approve and provide franchise specific funding

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Franchisee v. Franchiser

Issues large and small marked another litigious year for the U.S. franchising industry. To review the legal landmarks, we spoke with Leonard D. Vines, a partner at the St. Louis office of law firm Greensfelder, Hemker & Gale PC. Mr. Vines has represented both franchisers and franchisees. Here are edited excerpts of the discussion. Wall

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Training At Jim’s Neil Welsh and James Jacka are the divisional franchisors for Jim’s Test and Tag, which counts 140 franchisees in its mobile system. The pair looks to provide consistency in training and so focuses on classroom experiences. Neil Welsh explains pre-franchisee learning and the extensive training franchisees initially receive to set them on the road

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