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Franchising for minorities.(In This Issue)
June 1, 2004... Opportunities in franchising for minorities and women are greater than ever. In this issue of Franchising World, we explore the increasing efforts by franchise systems, as well as provide some back-to-the-basics information for those who are...
Minority executives in top form: twenty years ago, minorities in franchising were under-represented, both as franchisees and in corporate offices. But all that is changing, thanks to success stories such as the ones told here of four people who bring distinct skills and boundless energy to their positions as franchise executives.(Minorities In Franchising)
June 1, 2004... Linda Jimenez, vice president, diversity and corporate people development, Accor North America; Arlene Lewis, director of national development, Wendy's International; Mandeep Sobti, franchisee of 60 Jackson Hewitt Tax Service offices; Jason...
Franchisors seek to attract more minority franchisees.(Minorities In Franchising)
June 1, 2004... Today minorities in the United States account for 27 percent of the population and own nearly 15 percent of the nation's businesses. Moreover, according to U.S. Census data, new, minority-owned firms have been growing at more than six times the...
Diversity in your franchise community: a way of life.(Minorities In Franchising)
June 1, 2004... Diversity within your organization starts from the top. It is more than an initiative; it is a "way of life" that all team members of an organization embrace. Diversity is the culture in the everyday life of a company that supports the idea...
Learning the "proper" way to embrace diversity: a critical lesson for the franchise sector.(Minorities In Franchising)
June 1, 2004... Over the course of the 10 years between 1990 and 2000, the United States experienced the largest growth in its population for any period in the nation's history. Most of this exceptional growth was fueled by large increases in the number of...
The minority financing gap: addressing disparities in minority business financing.(Minorities In Franchising)
June 1, 2004... Financing a business endeavor--franchise or otherwise--can be a major hurdle for prospective business owners. To finance their dreams, most potential business owners tap into savings and investments, cash out the equity in their homes or find...
Retool your franchise program to attract and retain women franchisees; is your franchise system a natural fit for women franchisees? If so, here's how you can capitalize on that fact.(Minorities In Franchising)
June 1, 2004... It is well known that certain franchise systems naturally attract female entrepreneurs. These businesses include childcare facilities, tutoring programs, cosmetics companies, flower shops, hair salons, housekeeping services, and weight-loss...
Opening franchise doors to more women entrepreneurs; access to capital, mentor support and training hold the keys.(Minorities In Franchising)
June 1, 2004... Franchisors seeking success-oriented business-people to help expand their organizations should consider women a key target audience and a crucial ingredient of their growth strategies. The number of women in franchising has increased over the...
Working together for better franchise relations: Franchise Relations Committee steps up the pace of activities.
June 1, 2004... How do you define a good franchisor-franchisee relationship? In the International Franchise Association Franchise Relations Committee we think of integrity, honesty, respect, trust, financial success and commitment to excellence.
And these...
Taking franchising's message to Capitol Hill.(Government Relations)
June 1, 2004... Determined to share the franchising community's message of hope and opportunity with lawmakers and policymakers, International Franchise Association Chairman Sidney J. Feltenstein has made government relations one of his top priorities. And...
U.S. Rep. Lincoln Diaz-Balart.(A Franchising World Q & A)(Interview)
June 1, 2004... Lincoln Diaz-Balart was first elected to the Florida Legislature in 1986 by the largest margin of victory of any state representative in Florida and was chosen "best in debate" by colleagues during his freshman term. In 1989, he successfully...
Eggs and issues: IFA hosts U.S. House Small Business Committee.(Government Relations)(International Franchise Association)(Brief Article)
June 1, 2004... In it's continuing outreach and educational effort to share information about the franchising sector with Congress, the International Franchise Association hosted a breakfast meeting of the U.S. House of Representatives Small Business...
Congress shores up 7(a) program.(Government Relations)
June 1, 2004... Supporters of the Small Business Administration's 7(a) lending program won a major victory in April when the U.S. Senate approved H.R. 4062, passed the day before by the House, which generates an additional $3 billion in program revenue in...
IFA comments to FTC on internet Spam, files amicus brief on non-competition provisions.(Government Relations)(International Franchise Association, Federal Trade Commission)(Brief Article)
June 1, 2004... The International Franchise Association (IFA) has submitted comments to the Federal Trade Commission on its rulemaking under the CAN-SPAM Act governing business use of e-mail. IFA made several recommendations to ensure that the growing,...
Financial accounting standards board selects hall for advisory committee.(Government Relations)(Brief Article)
June 1, 2004... William G. Hall, chairman and CEO of William G. Hall & Co., of Fort Worth and a member of the International Franchise Association board of directors, was recently named a member of the Financial Accounting Standards Board's Small Business...
California mandated health care bill would devastate small businesses: IFA joins the effort to repeal SB 2.(Government Relations)(employee health insurance)
June 1, 2004... Last October, days before he was recalled from office, former California Governor Gray Davis signed into law the only mandated health care law in the country that requires employers to provide health insurance to workers--California Senate Bill...
New faces in franchising: embracing the changing complexion of America.(Special section: minorities in franchising)
June 1, 2004... As Americans grapple with such horny issues as diversity, affirmative action, multiculturalism, affirmative access and equal opportunity, dramatic changes are taking place in the racial, ethnic, political and socio-economic composition of our...
Put Yum! In your future: when asked for the phrase that best describes his life, Yum! Brands' franchisee Jerome Thomas doesn't hesitate. "The phrase is 'blessed beyond belief,'" he asserts.(Profile)
June 1, 2004... After a successful senior management-level career spanning nearly two decades in the corporate realm, Thomas realized his destiny meant more than simply securing his own future. Thomas knew his ultimate calling was to take his extensive...
The success of Coverall Cleaning Concepts' Walter Turner.(Profile)(Company Profile)
June 1, 2004... When Coverall Cleaning Concepts was founded in 1985 the company had one goal in mind ~ to revolutionize the commercial cleaning industry. By recruiting those individuals who desire to take control of their own professional future and financial...
Franchising--is it right for you?(Special section: minorities in franchising)
June 1, 2004... Starting your own business and being an entrepreneur is how we remember our friends and family succeeding in business in years past. It was the way to achieve the American Dream. Over the last 40 years, franchising has grown as an alternative...
Choosing a franchise that's right for you: a three-step process.(Special section: minorities in franchising)
June 1, 2004... Owning a franchise can be a very liberating and exciting experience--you're becoming your own boss, taking control of your destiny, learning from the experiences of others, etc. Choosing the right franchise, however, is a very intimidating...
What to expect throughout the franchise process: with more than 1,500 companies offering franchises, it's no wonder that the process of selecting the ideal franchise can sometimes be daunting. That's why it's essential to begin with the end in mind and systematize your search.(Special section: minorities in franchising)
June 1, 2004... Step One: Self Evaluation
Before you contact a franchisor, be prepared to answer the following questions:
1 What do you want from this venture? Will you personally own and operate the franchise, or will you be a passive investor? Some...
Territory development: the ABCs for Zees.(Special section: minorities in franchising)
June 1, 2004... In today's franchise world, both franchisors and franchisees debate, deliberate and sometimes agonize over when is the right time to either grant or purchase territory rights. Territory rights come in many shapes and sizes. The most common form...
The uniform franchise offering circular: what it needs to tell you, but sometimes won't. The Federal Trade Commission requires franchisors to provide the Uniform Franchise Offering Circular (UFOC) to prospective franchise candidates.(Special section: minorities in franchising)
June 1, 2004... Let's rake a look at the most important document any prospective franchisee must review before investing in a franchise. While it's a legal document, we can get a better understanding of this all important document from a non attorney point of...
Franchising plays a major role in state and local economies, Part II.(Special Report)
June 1, 2004... In the May issue of Franchising World, the International Franchise Association Educational Foundation looked at how franchising is playing a big role in the shift from a manufacturing-based to a service-based economy in the United States....
Expo exceeds expectations: by all measures and comments, the 13th International Franchise Expo conducted in Washington, D.C. this spring was highly successful.(International Franchise Expo)(Brief Article)
June 1, 2004... "I have personally attended all the International Franchise Expo shows to date and can say without hesitation that this show was the best attended, especially on Friday and Saturday, than any of the past 13," said American Leak Detection CEO...
Second-generation franchisees: franchises run by the next generation can provide an outlet for their entrepreneurial energy.(Trends)(The IFA Educational Foundation)
June 1, 2004... At a time when big box super marts are swallowing up decades-old filmily stores in many communities, franchises are offering parents a way to pass on successful community--supported businesses to their children. Today, second-generation...
The FACT Act and its effect on franchising.(Legal/Legislative)(Fair and Accurate Credit Transactions Act of 2003)
June 1, 2004... Franchisors and franchisees, like those engaged in other industries, now routinely employ technology solutions in many of their business practices. Franchisors often use methods such as electronic-fund transfers to collect payments. Franchisees...
Filing amended business tax returns to recover money; businesses should get a second opinion, whether it is done before or after the return is filed.(Management & Operations)
June 1, 2004... April 15th may be gone but, but certainly not forgotten--especially if, like millions of businesses, you unknowingly overpaid your businesses' federal taxes and can recover money by filing an amended return.
According to the IRS tax code,...
Outsourced construction can ease pre-opening management; how outsourcing can ease the management of the pre-opening phase through process evaluation, specific definition of roles and responsibilities, communication, and real-world scheduling.(Management & Operations)
June 1, 2004... The keys to success in a pre-opening scenario can be greatly facilitated by outsourcing to the appropriately qualified construction professionals. The ideal relationship between a client and an outsourced group is that of a partnership. You...
Expanding global brands through franchising.(International Development)
June 1, 2004... Ideal timing, a powerful and respected brand, and a ripe market are ingredients in a recipe for success when entering the franchise arena. Franchising can be an ideal growth model to open a channel for expanding product lines to profitable...
Crisis management in international markets.(International Development)
June 1, 2004... International business has changed. New U.S. laws and regulations resulting from terrorism help protect us, but complicate conducting business. Also, new and rapidly-spreading diseases demand immediate reactions and decisions. Bill
...
Franchisor-sponsored finance programs.(Finance)
June 1, 2004... Financing franchises has always been difficult. Today, there are two additional elements which make franchise financing even more difficult. First, the number of capital providers that have targeted franchising has declined. Remember AMRESCO,...
Putting media into your marketing toolbox; helping franchisees get a better return on their advertising investment.(Education & Training)
June 1, 2004... From the "Franchise Opportunities" pages of some randomly selected franchisor web sites:
"In a competitive restaurant marketplace,
marketing has become as
important as providing quality
products, great service and a clean...
Jim Cantalupo, Chairman, McDonald's.(In Memoriam)(Brief Article)(Obituary)
June 1, 2004... Jim Cantalupo, 60, chairman and CEO of McDonald's Corp., died April 19. A 28-year veteran of the company, he was formerly president and vice-chairman. Cantalupo was first appointed to McDonald's board of directors in 1987. He joined the company...
Veterans franchise program offers increase visibility.(VetFran)(Destiny Group, International Franchise Association, contract)(Brief Article)
June 1, 2004... Franchise systems that support America's veterans can tap additional resources in their efforts to offer opportunities to former military personnel. Through an alliance with the Destiny Group, the International Franchise Association has taken...
Charles F. Moran, Chairman, Denny's.(In Memoriam)(Denny's Corp.)(Brief Article)(Obituary)
June 1, 2004... Denny's Corp. Chairman of the Board of Directors Charles F. Moran, 74, passed away April 13. Moran was appointed to serve on the Denny's board in 1998 and became chairman 2002. He was a retired executive with 40 years of leadership experience...
Applebee's International.(People)(appointments)(Brief Article)
June 1, 2004... Mike Czinege has been named to the newly created position of senior vice president and chief information officer for Applebee's International.
Bark Busters.(People)(appointments and awards)(International Franchise Association Franchisee of the Year Award)(Brief Article)
June 1, 2004... Bark Busters has named Peter Beinetti national marketing manager. He and Kathy Beinetti were among those selected to receive this year's IFA Franchisee of the Year Award.
Blimpie International.(People)(appointments)(Brief Article)
June 1, 2004... J.A. Archer has been named vice president of franchise development for Blimpie International.
Burger King.(People)(appoitments)(Brief Article)
June 1, 2004... Burger King appointed James McLaughlin vice president of training and Denny Post chief concept officer
Carlson Wagonlit Travel Associate Division.(People)(appointments)(Brief Article)
June 1, 2004... Carlson Wagonlit Travel Associate Division promoted longtime senior managers in the division's supplier relations department--Darla Chattier and Pare Young--to serve as directors. Carlson Travel Group's Results Travel has a new general manager:...
Cendant Travel Distribution Services.(People)(appointments)(Brief Article)
June 1, 2004... Cendant Travel Distribution Services appointed Joseph Flynn, Debra Taube, Gregory Hopkins, and Graham Bray as regional vice presidents and Christine DeZarn as director, technical sales.
Cendant Corp.(People)(appointments)(Brief Article)
June 1, 2004... Cendant Corp.'s Hotel group named Anthony Berger chief operating officer, Doug Patterson executive vice president of international franchise operations, Keith Pierce group president and Birgit Gentile senior vice president of franchise...
Choice Hotels International.(People)(appoiments)(Brief Article)
June 1, 2004... Choice Hotels International added two franchise sales directors, Brian Ebbs and Mark Pearson.
Crack Team.(People)(appointments)(Brief Article)
June 1, 2004... The Crack Team has appointed Randy Hove director of franchising and Jason Bauman director of technical services.
General Nutrition Centers.(People)(appointments)(Brief Article)
June 1, 2004... General Nutrition Centers has named Margaret Peet senior vice president and national sales director.
HCX Salons International.(People)(Alfred Naddaff is appointed)(Brief Article)
June 1, 2004... HCX Salons International announced that Alfred Naddaff has joined the company as the development agent for New England.
Maids Home Services.(People)(Amy Olson appointed)(Brief Article)
June 1, 2004... The Maids Home Services named Amy Olson as public relations-advertising assistant.
McDonald's announced the nomination of Anne-Marie Slaughter.(People)(Brief Article)
June 1, 2004... McDonald's announced the nomination of Anne-Marie Slaughter, dean of the Woodrow Wilson School of Public and International Affairs at Princeton University, to its board of directors.
Doug Rogers has been named vice president of operations for Mr. Appliance.(People)(Brief Article)
June 1, 2004... Doug Rogers has been named vice president of operations for Mr. Appliance. He replaces Mike Owens, who will remain with the company on a part-time basis as vice president, but will devote most of this time to his new position at Mission Waco,...
RE/MAX International.(People)(Brief Article)
June 1, 2004... RE/MAX International has named Kristi Graning vice president of information technology and Garry Ahearn, formerly the operations director of RE/MAX Australia, as regional director of New Zealand. Jack Kreider, formerly vice president of...
Romacorp.(People)(Brief Article)
June 1, 2004... Romacorp announced that Sidney J. Feltenstein has joined its board of directors.
Wendy's International.(People)(Brief Article)
June 1, 2004... Wendy's International named Bill Moreton CEO of Baja Fresh Mexican Grill.
In honor of Mother's Day and to support women who are victims of breast cancer.(Community Service)(Brief Article)
June 1, 2004... In honor of Mother's Day and to support women who are victims of breast cancer, Deck The Walls and St. Louis artist Sharon Hayes have joined forces in the battle against the disease with three special-edition prints.
TCBY has launched a "Sundae College" contest giving kids ages five to 15 a chance to create their own yogurt sundaes and naming them.(Community Service)(Brief Article)
June 1, 2004... TCBY has launched a "Sundae College" contest giving kids ages five to 15 a chance to create their own yogurt sundaes and naming them. From August 1 to September 30, the winning "Sundae College" entry will be sold in all 1,500 TCBY locations...
The Athlete's Foot has formalized an agreement with Jagasons Limited, a Republic of Trinidad and Tobago corporation.(Growth)(Brief Article)
June 1, 2004... The Athlete's Foot has formalized an agreement with Jagasons Limited, a Republic of Trinidad and Tobago corporation, to become The Athlete's Foot's master franchisee there.
Blimpie International recently opened the company's first Blimpie Xpress restaurants in Wal-Mart Supercenters in Ocala and Summerfield, Florida.(Growth)(Brief Article)
June 1, 2004... Blimpie International recently opened the company's first BLIMPIE Xpress restaurants in Wal-Mart Supercenters in Ocala and Summerfield, Florida. These grand openings are the first application of the new BLIMPIE Xpress concept. More than 100...
Cendant Corp.'s Hotel Group will franchise Super 8 motels in China to compete in three lodging tiers.(Growth)(Brief Article)
June 1, 2004... Cendant Corp.'s Hotel Group will franchise Super 8 motels in China to compete in three lodging tiers: two- to three-star hotels under the Super 8 brand, three- to four-star hotels under the Days Inn brand and four- to five-star hotels under the...
Robeks-Fruit Smoothies & Healthy Eats.(Growth)(Brief Article)
June 1, 2004... Robeks-Fruit Smoothies & Healthy Eats celebrated the opening of its 50th store in April 8.
Subway.(Growth)(Brief Article)
June 1, 2004... Subway has opened its 100th location in Mexico.
Action International.(Honors)(award of distinction)(Brief Article)
June 1, 2004... Action International's Web site won the "Award of Distinction" in The Communicator Awards.
Express Services was honored during the 17th annual International Mercury Awards competition for excellence in public relations.(Honors)(Brief Article)
June 1, 2004... Express Services was honored during the 17th annual International Mercury Awards competition for excellence in public relations and corporate communications.
Investor Relations magazine named Applebee's International the company with best overall investor relations for a small-cap company and picked Carol DiRaimo.(Honors)(Brief Article)
June 1, 2004... Investor Relations magazine named Applebee's International the company with best overall investor relations for a small-cap company and picked Carol DiRaimo, Applebee's vice president of investor relations as best investor relations officer.
The Greater Waco Chamber of Commerce honored The Dwyer Group.(Honors)(Brief Article)
June 1, 2004... The Greater Waco Chamber of Commerce honored The Dwyer Group with a 2004 Outstanding Business Award in May.
Hilton Hotels recognized the Doubletree Guest Suites Atlanta Perimeter and the Embassy Suites Hotel Jacksonville/Baymeadows.(Honors)(Brief Article)
June 1, 2004... Hilton Hotels recognized the Doubletree Guest Suites Atlanta Perimeter and the Embassy Suites Hotel Jacksonville/ Baymeadows as the two properties that have earned the company's Go For The Green Award for their outstanding operational and...
Popeyes Chicken & Biscuits presented its 2004 Gold Plate Award to franchises B.P. Newman Investment Co., Laredo, Texas; and Grupo Proalimex, Monterrey, Mexico.(Honors)(Brief Article)
June 1, 2004... Popeyes Chicken & Biscuits presented its 2004 Gold Plate Award to franchises B.P. Newman Investment Co., Laredo, Texas; and Grupo Proalimex, Monterrey, Mexico. Silver Plate. awards went to franchises Amco Foods Inc., Barstow, Calif.; Army and...
Francisco's Ellen Hui the Popeyes Domestic Franchise Partner of the Year.(Honors)(Brief Article)
June 1, 2004... Francisco's Ellen Hui the Popeyes Domestic Franchise Partner of the Year and Army and Air Force Exchange Service (AAFES) the International Franchise Partner of the Year.
Doubletree Hotels will give complimentary packages containing Berenstain Bears.(Marketing)(Brief Article)
June 1, 2004... Doubletree Hotels will give complimentary packages containing Berenstain Bears items to guests ages three to 12 between Memorial Day and Labor Day weekends.
ESRI held its first Business GeoInfo Summit in June in Chicago to share information about geographic information system applications.(Marketing)(Environmental Systems Research Institute Inc.)(Brief Article)
June 1, 2004... ESRI held its first Business GeoInfo Summit in June in Chicago to share information about geographic information system applications, georeferenced business data, and Web-based location tools.
General Nutrition Centers has signed Arizona Diamondback athlete Luis Gonzalez for another season as a member of GNC's Team Pro Performance.(Marketing)(Brief Article)
June 1, 2004... General Nutrition Centers has signed Arizona Diamondback athlete Luis Gonzalez for another season as a member of GNC's Team Pro Performance, a group of athletes that use Pro Performance sports nutrition products as an integral part of their...
Hardee's Food Systems.(Marketing)(Brief Article)
June 1, 2004... Hardee's Food Systems is commemorating the 100th anniversary of the hamburger's introduction at the 1904 World's Fair in St. Louis, by proclaiming its Thickburger as the official Burger of the Centennial Celebration and is featuring former...
HomeVestors of America has launched a new advertising campaign featuring the company's first mascot, Ug, a caveman who has been buying and selling real estate for a million years.(Marketing)(Brief Article)
June 1, 2004... HomeVestors of America has launched a new advertising campaign featuring the company's first mascot, Ug, a caveman who has been buying and selling real estate for a million years. His slogan, "Ug Buys Ugly Houses," will be featured on hundreds...
To salute the 40th anniversary of the Ford Mustang.(Marketing)(Brief Article)
June 1, 2004... To salute the 40th anniversary of the Ford Mustang, Meineke Car Care Centers is giving away a fully restored, show ready 1965 red Mustang convertible.
Subway presented an in-school curriculum on healthy eating and exercise, "One Body! One Life! Eat Fresh! Get Fit!" via Weekly Reader, which reaches 10 million children in 60,000 classrooms.(Marketing)(Brief Article)
June 1, 2004... Subway presented an in-school curriculum on healthy eating and exercise, "One Body! One Life! Eat Fresh! Get Fit!" via Weekly Reader, which reaches 10 million children in 60,000 classrooms. The company also celebrated the end of the most...
Candy Bouquet.(Of Note)(Brief Article)
June 1, 2004... Candy Bouquet celebrated its 15 year anniversary.
Choice Hotels International and the Educational Institute of the American Hotel & Lodging Association have joined to offer Choice's general managers the opportunity to train and test for either the Certified Hotel Administrator or Certified Lodging Manager accreditations.(Of Note)(Rita's Italian Ice celebrating)(Brief Article)
June 1, 2004... Choice Hotels International and the Educational Institute of the American Hotel & Lodging Association have joined to offer Choice's general managers the opportunity to train and test for either the Certified Hotel Administrator or Certified...
Cendant Travel Distribution Services announced the completion of a multiyear contract expansion with Marriott International.(Transactions)(Brief Article)
June 1, 2004... Cendant Travel Distribution Services announced the completion of a multiyear contract expansion with Marriott International. The Marriott brands participating in the new distribution program include JW Marriott Hotels & Resorts, Marriott Hotels...
Sentinel Capital Partners has sold Cottman Transmission Holdings.(Transactions)(to American Capital Strategies)(Brief Article)
June 1, 2004... Sentinel Capital Partners has sold Cottman Transmission Holdings to American Capital Strategies for $77.3 million.