Franchising World articles from May 2002

Franchising World archives from May 2002

Dare to make the leap. (In This Issue).
May 1, 2002... Have you ever felt like something was missing in your life? Corporate managers Larry Wright, Dino Sansone, Bob Kish and Raj Singh reached that conclusion in mid-career. Two of them were "downsized," one of them twice. The other two just had...

Franchising for smarties: skilled former corporate managers turn their talents to franchises. (Opportunities for all: the changing face of franchising)(Cover Story).(Column)
May 1, 2002... Meet Larry Wright, Dino Sansone, Bob Kish and Raj Singh. Former corporate managers in mid-career, they are successful, skilled, savvy and smart. Two were "downsized," one of them twice. The others simply felt something was missing in their...

Diane Gibson: creating a niche. (Opportunities for all: the changing face of franchising)(Cover Story).(Cover Story)
May 1, 2002... Diamonds and dynamite come in small packages." That's what Diane Gibson's father used to say when describing his daughter. At 5'2", the founder and president of Craters & Freighters Franchise Company is a petite powerhouse and one of the few...

Core values: keys to finding successful franchisees; measuring the core values of prospective franchisees can improve your selection process ... and more. (Opportunities for all: the changing face of franchising)(Cover Story).(Industry Overview)
May 1, 2002... What one thing would most franchise stems change about the early years of running their business as a franchise? They would pay closer attention to the type of people they selected as franchisees. Why? Because it is the people in the system,...

All work and no play--makes for a nonproductive day; balance: maintaining equilibrium. (Opportunities for all: the changing face of franchising)(Cover Story).(Cover Story)(Industry Overview)
May 1, 2002... Flash back 15 years and a session on "balance" at the IFA's annual convention might bring together a handful of women to hash out strategies for juggling family demands and work issues. But just a few weeks ago this same topic brought together...

Co-branding: growing family or family feud? It's an increasingly popular strategy, but is it for you? (Management & Operations).(Brief Article)
May 1, 2002... You see co-branding partners everywhere. he most visible are highway travel centers at combine fast-food franchises, convenience stores and gas stations. In one stop you can fill up your belly, your car and your pantry. The ultimate...

Go global: grow your brand and business by seizing international opportunities. (International Development).(Statistical Data Included)(Brief Article)
May 1, 2002... It wasn't long ago that overseas travel seemed a luxury reserved for the well-to-do. Now, Americans not only vacation overseas with great frequency, they're rapidly building their business overseas. International consumers are embracing...

Picking a good place to begin your expansions; lessons learned in developing an international franchise operation. (Lead Generation).(Brief Article)
May 1, 2002... "Welcome to Singapore," said the regional manager of a large American bank, who was attending our grand-opening reception at the Regent Hotel. "Is this your first operation in the Pacific Rim?" "Yes," I replied. "Hopefully the first of...

The economy may be fluctuating, but franchising isn't: favorable conditions now and ahead, reports this financial pro. (Financial).(Brief Article)(Column)
May 1, 2002... Franchise financing has never been better. In the last six months, our company has received more applications than in the past two years. We contribute this influx of applications to the changes in our economy. Two to three years ago we had...

The 2002 model franchise agreement: what smart franchisors are thinking about changing and why. (Legal/Legislative).
May 1, 2002... Every year as franchise executives prepare to renew their franchise registrations, they should be reevaluating their franchise agreements and other standard business agreements to determine what changes should be made to them. This year, smart...

Before you start selling franchises--a legal checklist for new franchisors: now that you have your offering circular, you are no doubt ready to sell franchises. Did your lawyer give you a compliance letter you can refer to when selling franchises? If not, are you familiar with the myriad laws that will govern your activities in the next several years? (Legal/Legislative).
May 1, 2002... When a lawyer completes an offering circular for a new client, he should provide the client with a summary of the laws that regulate the sale of a franchise. The letter would not be a comprehensive statement of the law, but a reference tool the...

Mediating franchise disputes: a status report: the National Franchise Mediation Program has been operating for nine years now. How is it doing? What is it doing? How can it do what it's doing, better? (Franchise Relations).
May 1, 2002... The Program The National Franchise Mediation Program (NFMP) is built on two equally important propositions: that the lifeblood of a profitable franchise enterprise is the business relationship, for both parties to the relationship, and...

How can my franchise system have its own ombudsman? (Ask The Ombudsman).(Brief Article)(Column)
May 1, 2002... While any member of the IFA can access the IFA Ombudsman program, any franchise system can have its own ombudsman program tailored to its specific needs. There are a couple of different ways for your system to have your own ombudsman, beyond...

Thomas M. Sullivan Chief Counsel for Advocacy, Office of Advocacy, U.S. Small Business Administration. (Government Relations).(Interview)
May 1, 2002... Thomas M. Sullivan, appointed by President Bush, became the fifth senate-confirmed Chief Counsel for Advocacy in the office's 25-year history in February. He heads a team of attorneys and economists that work to remove regulatory barriers to...

Getting the most out of system suppliers? Here's how you can leverage supplier relationships to maximize return on investment. (Management & Operations).(franchising)
May 1, 2002... Prior to the advent of modern technologies, many franchise systems did not collect, analyze, share or make much constructive use of system-wide purchasing information. The days of evaluating suppliers solely on price and delivery terms have...

Supplier diversity: a hidden asset: when you think about diversity, what comes to mind? Increasing the diversity of your workforce? Making sure your marketing activities portray your full customer base? But there is one component of corporate diversity that is sometimes overlooked: supplier diversity. (Minorities & Emerging Markets).(minority business)
May 1, 2002... What is supplier diversity? Simply put, supplier diversity programs endeavor to increase the number of minority-owned businesses that supply goods and services to our nation's corporations. Corporations spend billions of dollars every year...

CFE program gains recognition, doubles enrollment. (Education & Training).(Certified Franchise Executives)(Interview)
May 1, 2002... Since its inception, the CFE designation conferred by the Institute of Certified Franchise Executives (ICFE) has achieved increasing recognition as a mark of excellence among franchise professionals. Through a series of seminars, conferences...

Never forget the basics. (Blue Chip Strategies).
May 1, 2002... The competition in today's business world is fierce. It seems every individual is searching for that one unique concept or invention which will allow his or her company to establish its "niche" in the business community. However, as the...

Gold's Gym. (People).(Luis M. Campalans)(Brief Article)
May 1, 2002... Luis M. Campalans has been named vice president of international franchising at Gold's Gym.

Best Inns & Suites. (People). (Al Arneson named Franchisee of the Year).(Brief Article)
May 1, 2002... Al Arneson was named Franchisee of the Year by Best Inns & Suites for consistent top scoring quality excellence properties.

Microtel. (People). (Jett and Bhoopendar Mehta named Franchisee of the Year).(Brief Article)
May 1, 2002... Microtel has recognized Bhoopendar and Jett Mehta as Franchisee of the Year for outstanding customer service and dedication.

Hawthorn Suites. (People). (Vinod and Dinesh Kalidas get award).(Brief Article)
May 1, 2002... Dinesh and Vinod Kalidas have been named Franchisee of the Year by Hawthorn Suites.

Cendant has announced the appointments of Steven A. Rudnitsky to chairman and chief executive officer of its hotel group. (People).(Brief Article)
May 1, 2002... Cendant has announced the appointments of Steven A. Rudnitsky to chairman and chief executive officer of its hotel group; Ken Greene as senior vice president of administration & operations, responsible for overseeing franchise administration...

Re/Max. (People). (Diane M. Metz becomes VP).(Brief Article)
May 1, 2002... Diane M. Metz has been promoted to senior vice president, regional development at Re/Max.

Vicinity Corporation. (People). (Teri Dahlbeck becomes VP marketing).(Brief Article)
May 1, 2002... Vicinity Corporation named Teri Dahlbeck senior vice president of marketing and business development. She will spearhead product management, marketing and business development programs.

Choice Hotels. (People). (VP Ron Burgett gets award).(Brief Article)
May 1, 2002... Choice Hotels has honored Regional Vice President, Franchise Sales Ron Burgett with its highest sales achievement award, the Victor G. Trapani Award for Sales Excellence. Burgett also received the Trapani award in 1996 and 1997.

Opal Concepts. (People). (Nancy Feigert becomes VP).(Brief Article)
May 1, 2002... Opal Concepts promoted Nancy Feigert to vice president, administration.

At a glance. (includes various corporate information).(Brief Article)
May 1, 2002... Mail Boxes Etc. has joined with easyGroup to open a pilot center inside the popular easyInternetCafe in Tottenham Court Road, London. The Internet cafes are designed to provide the easiest way to get online at affordable prices for use by...

Around the globe. (includes various corporate information).(Brief Article)
May 1, 2002... Gold's Gym has expanded into Ecuador... Hilton International has signed an agreement to manage its first hotel in Poland... O'Briens Irish Sandwich Bars has signed an exclusive agreement that will result in the opening of 50 stores in the...

Community outreach.(Brief Article)
May 1, 2002... Great Clips raised almost $300,000 in 2001 through its charity program for the Aids Society, American Red Cross, Bayshore, Caring Tree Foundation, Cardinals Charity, Children's Miracle Network, Indians Charity, Minneapolis Children's Hospital,...

Tricon acquires Long John Silver's, A&W Restaurants. (Tricon Global Restaurants).(Brief Article)(Statistical Data Included)
May 1, 2002... Tricon Global Restaurants March 12 announced it had signed a definitive agreement to acquire Long John Silver's and A&W All American Food Restaurants, owned by Yorkshire Global Restaurants (YGR), for $320 million in cash. The acquisition is...