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Franchise Resources Archive: July, 2009

Filta Group Wins National Agreement With Starwood Hotel Chains

July 30, 2009 / FRANCHISE NEWSCleaning Franchises
Filta Filta Group wins national agreement with Starwood Hotel chains for commercial kitchen fryer maintenance and cooking oil micro-filtration. Read more.

Big news coming soon from Franchise Direct

July 30, 2009 / BLOG POST Franchise Direct News and Notes
We'd like to drop a quick line just to say that we're nearing completion on a big project here at Franchise Direct. We can't reveal any of the specifics at the moment, but you can be assured that it will be interesting. Keep an eye on the blog and on the Franchise Direct website for more information. Read more.

Considering franchise failure

July 30, 2009 / BLOG POST Information for Franchisees
Yesterday we wrote about the benefits and risks of multi-unit franchise ownership. With a bit of research and pragmatism, multi-unit ownership can work for you. That said, business can be difficult sometimes and sometimes franchises fail. Especially given the state of the economy at the present, failure is something that every franchisee and franchisor must confront. There’s no point in tip-toein... Read more.

Weighing up multi-unit ownership

July 29, 2009 / BLOG POST Information for Franchisees
Picture this dreamy scenario: you’re a prospective franchisee with plenty of capital. You’ve got the backing of banks and a few investors to boot. You’ve got a business concept that is 99% certain to succeed. And best of all, you’ve discovered a large area with a great need for your service. Your inner franchising voice is telling you one thing: open a multi-unit franchise.Don Daszkowski, who writ... Read more.

'Green' shoots for one franchising industry

July 28, 2009 / BLOG POST Franchise Reads and Book Reviews
One franchise sector that’s really taken off over the past few years is the green franchise industry. When you factor in the cost of investment and the risks involved with starting your own business, green franchises emerge as such as an exciting venture because they are clearly positioned to do well in the future. Green franchises take the innovation of the green sector and match it with the trie... Read more.

Franchise Update July 27th 2009

July 27, 2009 / BLOG POST General Franchising Industry News
In this week's Franchise Update, we have news from the Small Business Administration, as well as news on fast food franchises.Click here to download this week’s Franchise Update, or watch in the player below:[flv]http://video.franchisedirect.com/5109691af95673c67b536756f3b04036.flv[/flv]Reports in the Washington Post say that the US Treasury is now finalizing plans for a 15 billion dollar bailout... Read more.

Final reflections on CIT

July 27, 2009 / BLOG POST General Franchising Industry News
As CIT Group lurches away from the dreaded ‘B’ word – bankruptcy – it’s a pertinent time to reflect on the importance of franchising to the US economy. Times are pretty tough without essential lenders going under. If franchises weren’t allowed the capital to trade and to profit, it’s heard to figure where the US economy might find the strength to galvanize itself.As franchising goes, so goes the e... Read more.

Evaluating the SBA bailout

July 23, 2009 / BLOG POST Franchise Regulations and Government Action, Financing a Franchise
Big news is afoot in Washington as it seems that the US Treasury is about to step in and launch a $15billion bailout of the Small Business Administration. The plan is to use federal bailout money to buy out SBA loans. There is also talk that President Obama is to raise the cap on SBA loans.   The Washington Post has all of the information. Interestingly, it was only a week ago that we wrote... Read more.

Attracting minority franchisees

July 22, 2009 / BLOG POST Minorities in Franchising
America is going through some fundamental shifts at the moment. The day is coming when minority groups will have a bigger population base than America’s white European descendants. It’s all part of the incredible evolution of America, but in the mean time, the surge in the population of minority communities presents some mouth-watering business opportunities for franchisors.Picking up on the man... Read more.

Franchise Broker Networks: How Many More Do We Need?

July 21, 2009 / BLOG POST Minorities in Franchising, Military Veteran Franchise Information
Today we have a special guest blogger: The Franchise King, Joel Libava. Joel has written an exclusive blog post on the popularity of Franchise Broker Networks. His opinions are as usual thought-provoking. * I am amazed by the sheer number of new franchise brokerage groups that have launched this year. What gives? The US economy is what gives. As more people are laid off, the pool of prospective f... Read more.
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