Franchising World articles from October 2002

Franchising World archives from October 2002

In this issue.
October 1, 2002... It is with deep sorrow that I note the passing of my very dear friend and mentor Bill Rosenberg. Not only did Bill create one of the greatest franchise systems ever, Dunkin' Donuts, but his foresight and deep interest in the future of...

Financing sources in today's economy to build or expand your franchise business. (Financing Franchising's Future).
October 1, 2002... Being puzzled by the consolidations and changes in the lending environment in recent months, many franchise executives have arrived at the realization that it's time to consider diversifying financing sources to better insulate licensees from...

Trends in financing franchise systems: will franchises continue to find willing lenders? (Financing Franchising's Future).
October 1, 2002... As we move into the fourth quarter, franchisees should continue to find capital, but in the hands of fewer lenders. Continued consolidation in the financial services industry and more players exiting the market will result in fewer lenders who...

Where did all the lenders go? Constricted credit availability has slowed some franchise concepts' growth rates. (Financing Franchising's Future).
October 1, 2002... The days of "easy money" for franchise operators are long gone and along with it, a number of specialty franchise lenders. Financing in the franchise sector has undergone what for many was a painful evolution since the late 1990s. Gone are...

Why can't my banker be my venture capitalist and what can I do about it? How venture capitalists and commercial lenders approach investments. (Financing Franchising's Future).
October 1, 2002... How often does a prospective borrower complain that "if only his banker would take a chance" or "why doesn't her banker believe her forecast?" These remarks, made after a loan proposal has been rejected, reveal that the prospective borrower...

Financing: how lenders evaluate your franchise; what can a franchise organization do to ensure that it will be able to grow in good times and bad? (Financing Franchising's Future).
October 1, 2002... In these times of economic uncertainty, franchisors are understandably concerned about how their new franchisees will go about obtaining suitable financing. A franchise organization's future depends on being able to add new franchise units. To...

Franchise system consolidation--survival techniques; consolidation has its benefits but.... (Financing Franchising's Future).
October 1, 2002... Consolidation of franchise systems seems to be the wave of the future. It is very cost effective, and it is much easier to maintain subsidiary franchise businesses when they are managed under one roof. For example, each franchisor generally has...

Franchise financing and community development: where to find federal financial support. (Financing Franchising's Future).
October 1, 2002... Retail development, specially in the form of new franchise operations, is an essential part of any properly structured revitalization effort. The appearance of these new stores, with their easily recognized brand names and their highly sought...

Lending a helping hand: the power of financing partner programs: volatility in franchise lending underscores the need for source diversity. (Financing Franchising's Future).
October 1, 2002... The tightening of franchise credit over the past few years, due to the collapse of the securitized loan market, has put pressure on franchisees and franchisors alike. New franchisees are having a much harder time finding capital on their own,...

The most powerful role of democracy: since the stakes are higher than ever in the 2002 election, it is an ideal time for the franchise community to get politically involved. (Government Relations).
October 1, 2002... International Franchise Association (IFA) members participating in Franchise Appreciation Day on September 24 took advantage of one of their basic rights as citizens of this democratic nation. They made their views known to their elected...

Franchise Association launches voter education campaign. via web site. (Government Relations).
October 1, 2002... In preparation for the November 5 elections, the International Franchise Association (IFA) has launched an initiative to provide voter education resources to its member companies via the IFA web site. Franchising Votes is a new service that...

U.S anti-terrorism initiatives: new burdens for franchise systems conducting business overseas. (Legal Developments).
October 1, 2002... The U.S. government has enlisted an important, but reluctant, ally in fighting terrorism: U.S. franchisors and other companies conducting business overseas. In response to the catastrophic events of September 11, 2001, the government launched...

Franchising in South Africa: business-format franchising was introduced to the South African marketplace in the latter part of the 1990's and has gone a long way towards addressing the weaknesses associated with the traditional methods. (International Development).
October 1, 2002... Franchising has been established for a while in South Africa, but it is only recently that the public and private sector has rediscovered the many opportunities the sector can offer. This may be attributable to the fact that franchising did not...

How can my franchise system use the IFA Ombudsman? (Ask The Ombudsman).
October 1, 2002... The IFA Ombudsman Program initially has three distinct applications to benefit its members. Each application is priced accordingly: * IFA Ombudsman Program--IFA Ombudsman can provide all of the services directly to the parties under the IFA...

E-learning portal for franchise systems: reduced costs, improved efficiency and measurable results are boosting franchise companies' use of e-learning. (Education & Training).
October 1, 2002... This fall, the IFA Educational Foundation, in cooperation with the International Franchise Association (IFA) and CertiLearn, will take a big step forward into the e-learning space. In many respects, this is the next step in a journey that began...

Franchise pioneer and innovator passes away: the International Franchise Association (IFA) expresses its deepest sorrow in the passing of Dunkin' Donuts founder William Rosenberg. Rosenberg, who also founded the IFA, passed away on Friday, Sept. 20. (In Memoriam).
October 1, 2002... After World War Two, William Rosenberg founded Industrial Luncheon Services, a company that delivered meals and coffee break snacks to factory workers in the outskirts of Boston, Mass. The success of Industrial Luncheon Services led Rosenberg...

Franchising world magazine garners design award: the International Franchise Association's (IFA) trade magazine Franchising world was recently named a winner in the 2002 American Graphic Design Awards competition.
October 1, 2002... The February-March issue was honored for excellence in communication and graphic design. Any wonder that the winning issue is entitled "Celebrating Franchising's Success" that honored the brightest and best in franchising? (Awards &...

New edition of popular franchise directory: tomorrow's small-business owners will find virtually unlimited ideas for franchised businesses in the fall-winter edition of the International Franchise Association's (IFA) Franchise Opportunities Guide, which has just been released. (Lead Generations).
October 1, 2002... IFA's popular Franchise Opportunities Guide organizes the material to more efficiently aid users, step-by-step, through their initial investigation of franchising. Information about financing, legal aspects, and state and federal regulations...

VetFran rollout highlights Franchise Appreciation Day.
October 1, 2002... The International Franchise Association's (IFA) revival of the popular Veterans Transition Franchise Initiative, known as VetFran, was officially re-launched September 24 during Franchise Appreciation Day in Washington, D.C. As this edition of...

Survivorship benefits: helping the family readjust. (Blue Chip Strategies).
October 1, 2002... High taxes, inflation and the high cost of living have made it enormously difficult for key executives to create estates adequate to assure security for their families. In addition, executives now view a generous benefit package as part of...

International expo's perfect fit: what is so special about April 11-13, 2003? Individuals and veterans seeking to fulfill their dreams of small business ownership can taste, touch and see some of the nation's most recognizable franchise concepts. (Franchise Events).
October 1, 2002... The International Franchise Expo returns to the nation's capital for three days to give participants face-to-face, one-on-one contact with the leaders of franchise concepts at this popular show. Sessions are designed to help women, minorities,...

IFA's 43rd Annual Convention: your gateway to tomorrow's solutions today. (Franchise Events).
October 1, 2002... The International Franchise Association's (IFA) convention Task Force has designed a program that will keep you in sync with the pulse of a changing environment. The main attraction of this year's event isn't only that it's a tourist's delight,...

Franchisee membership program continues to grow. (Franchise Relations).
October 1, 2002... Kinderdance International Inc. and Money Mailer LLC bring the number of IFA member companies to 36 that have provided the International Franchise Association (IFA) with a list of system franchisees to take advantage of IFA's System Wide...

McAlister's Deli. (People).
October 1, 2002... Phil Friedman has been appointed CEO at McAlister's Deli.

The Dwyer Group. (People).
October 1, 2002... Duke Johnston has been promoted to vice pres. of legal and governmental affairs at The Dwyer Group.

Carvel Corporation. (People).
October 1, 2002... Kathryn Rookes has been named vice president of legal and franchise administration at Carvel Corporation.

Six Continents Hotels. (People).
October 1, 2002... Six Continents Hotels has announced the following promotions: Timothy Genovese to vice pres. of franchise services; Tom Seddon to senior vice pres. Americas brands strategy; Tom Murray to chief operating officer, the Americas; Mike Goodson to...

Cendant's Hotel Group. (People).
October 1, 2002... Cendant's Hotel Group has named Marian Bianchini senior director of corporate and travel industry sales. As part of its strategic plan, the following staff changes have been made: Jean Thomas has been named senior vice pres., brand strategy;...

Re/Max. (People).
October 1, 2002... Re/Max co-founders Dave and Gail Liniger have been selected as inductees of the Council of Real Estate Brokerage Managers' Hall of Leaders.

Service Brands International. (People).
October 1, 2002... David Taccolini has been promoted to chief financial officer at Service Brands International.

Tony Roma's. (People).
October 1, 2002... Marc Buehler has been appointed vice. pres., food and beverage at Tony Roma's.

MaggieMoo's International Scoops. (People).
October 1, 2002... John F. Gohde has been named exec. vice pres., operations at MaggieMoo's International Scoops.

Cottman Transmissions. (People).
October 1, 2002... Cottman Transmissions has announced the appointment of Robert Rosenberg to its board of directors.

Buffalo's Southwest Cafe. (People).
October 1, 2002... Buffalo's Southwest Cafe has appointed Shaun Curtis corporate executive chef.

Dry-B-Lo. (People).
October 1, 2002... Dry-B-Lo has named Art Mancino exec. vice pres. of franchise development.

Franchise entrepreneurs share views at President's Economic Forum. (People).
October 1, 2002... Three IFA members, Chick-Fil-A Inc. founder and CEO Truett Cathy, Candy Bouquet International Pres. Margaret McEntire and Carlson Companies Chairman and CEO Marilyn Carlson Nelson, shared the concerns of the franchising community during...

Holiday Inn. (At A Glance).
October 1, 2002... Holiday Inn celebrated its 50th anniversary and marked the grand opening of the Kemmons Wilson School of Hospitality and Resort Management at the University of Memphis...

Gymboree Play & Music. (At A Glance).
October 1, 2002... Gymboree Play & Music opened its 500th center. The newest center is located in Little Rock, Ark....

Sleep Inn. (At A Glance).
October 1, 2002... Sleep Inn has opened its 300th hotel. It is located in Bensalem, Pa....

7-Eleven. (At A Glance).
October 1, 2002... 7-Eleven celebrates its 75th anniversary this year...

Allied Domecq, parent company of Dunkin' Donuts, Togo's and Baskin-Robbins. (At A Glance).
October 1, 2002... Allied Domecq, parent company of Dunkin' Donuts, Togo's and Baskin-Robbins, recently celebrated its listing on the New York Stock Exchange (symbol AED)...

KFC. (At A Glance).
October 1, 2002... KFC recently celebrated its 50th birthday...

Proforma's PrintNet. (At A Glance).
October 1, 2002... Proforma's PrintNet has merged with Print Network. The company also honored Fred and Suzette Albrecht with two awards, the 2001 Innovator and 2001 Top US Biller...

Medicap Pharmacies. (At A Glance).
October 1, 2002... Urbin G. Harvey, R.Ph. and Kathleen J. Condo, Phrm. D. of Medicap Pharmacies were named winners of the 2002 NCPA Past President's Award...

Cold Stone Creamery. (At A Glance).
October 1, 2002... Cold Stone Creamery has opened its 250th store, the latest in Coronado, Calif...

Interiors by Decorating Den. (At A Glance).
October 1, 2002... Decorating Den has unveiled its new name, Interiors by Decorating Den...

Tuffy Associates Corp. (At A Glance).
October 1, 2002... Tuffy Associates Corp. has announced its acquisition of SMK Speedy International Inc.'s Car-X business in the U.S...

MAACO. (At A Glance).
October 1, 2002... A MAACO center in Nutley, N.J. owned by franchisees David and Denise Schlachter has performed paint and body work for the HBO series "The Sopranos" and for vehicles used in "Spiderman."

New Horizons Computer Learning Centers. (Around the World).
October 1, 2002... New Horizons Computer Learning Centers will open 100 centers in India...

Rainbow International Carpet Care and Restoration Specialist. (Around the World).
October 1, 2002... Rainbow International Carpet Care and Restoration Specialist will open offices in Saudi Arabia and Bahrain. Mr. Electric has awarded a master license to franchise in Portugal...

Re/Max. (Around the World).
October 1, 2002... Re/Max will open offices in Guatemala and the Republic of Mauritius.

Money Mailer. (Community Outreach).
October 1, 2002... Money Mailer recently sponsored the "Relay for Life" at the Goldenwest College track in Huntington Beach, Calif. and raised more than $9,000 for cancer research through door-to-door requests, phone calls and letters, and fund raisers...

Days Inns Worlwide. (Community Outreach).
October 1, 2002... Days Inns Worldwide and its owners and operators have donated $275,000 to the Sunshine Foundation Dream Village, which celebrated the grand opening of two themed cottages built to host chronically ill children and their families visiting...

Candy Bouquet. (Community Outreach).
October 1, 2002... Candy Bouquet has contributed more than $45,000 through its Sweet Success Scholarship Program. It has funded 30 total semesters for students in the last four years and assisted 10 others...

7-Eleven. (Community Outreach).
October 1, 2002... 7-Eleven has launched a new charity, Education is Freedom, with is focus on global harmony...

Primrose Schools. (Community Outreach).
October 1, 2002... Primrose Schools' "Celebrating Differences" event, designed to symbolize the unity of children worldwide, will coincide with a donation of $40,000 to the September 11th Children's Scholarship Fund...

Choice Hotels. (Community Outreach).
October 1, 2002... Choice Hotels International Foundation has donated $5,000 to the Salvation Army to assist victims of the Rodeo-Chediski fire...

Interiors by Decorating Den. (Community Outreach).
October 1, 2002... Interiors by Decorating Den has inaugurated Decorating for a Difference, a fundraising partnership with the Susan G. Komen Breast Cancer Foundation and the Canadian Breast Foundation, and has pledged $150,000 in the next 12 months.

Minority presence increases at Denny's parent organization.
October 1, 2002... According to an Associated Press report, about half of Denny's parent Advantica Restaurant Group Inc.'s 46,000 employees are minorities, 11 percent of them African-American and 31 percent Hispanic. Minorities now hold 32 percent of the...

World record set for largest ice cream scoop pyramid.
October 1, 2002... The Guinness World Record for the largest ice cream pyramid was broken recently by retail ice cream chain Carvel Corporation. Built in 58 minutes, the pyramid was comprised of 3,894 scoops of creamy vanilla ice cream, totaling 22 layers and...

Inner circle: franchising human interaction for business owners; erasing the mystique behind an unusual franchise concept. (Spotlight On Success).
October 1, 2002... As a franchisor with a "nontraditional" concept, I face a never-ending challenge of explaining what we are, what we do and how our franchisees earn income. Ironically, the confusion is mostly related to what we don't do: We don't serve food or...