Today: FRANCHISE News, Jan 20, 2012

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Jan 20, 2012

FRANCHISE News, Jan 20, 2012

A Franchisee Decides to Take Charge
New York Times (blog)
Mr. Drumm: We know of at least two other franchise competitors, but they cost three times as much as we do. Mr. Burris: Look, this business is easy to do, and you could do it from your garage. But we use proprietary boxes that cost a lot more than the ...
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New York Times (blog)
Shady get-rich-quick firm which fleeced clients is shut down thanks to Daily ...
Scottish Daily Record
“In contrast, the company generated £357500 in franchisee fees, of which at least £71000 was expended for the personal benefit of its sole director who received a further £34000 in salary, expenses and commission.” After the Record's initial article, ...
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Ask the Expert: Becoming a franchise
Insider Media
Franchisee investment costs. Your franchisees will pay an initial fee, which you will set, for the right to set up in business under your brand name and in a specific location. • Your return will come from ongoing fees, which should increase with ...
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Sales tax on franchising services
Business Recorder (blog)
These services include franchise fee, royalty and technical fee. A franchise means an authority given by a franchiser to a franchisee (under a contract) to produce, manufacture, sell or trade or to do any other business activity relating to goods or ...
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10-Q: ROCKY MOUNTAIN CHOCOLATE FACTORY INC
Middle East North Africa Financial Network
As a percentage of total royalty and marketing fees and franchise fee revenue, franchise costsincreased to 38.9% in the three months ended November 30, 2011 from 31.2% in the three months ended November 30, 2010. This increase as a percentage of ...
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MassageLuXe is a Franchise You Can Believe In With a Territory Size That ...
Staugnews
The Area Developer shares in both the initial franchise fee from the sale of a unit and a percentage of the ongoing royalty generated from their development area during the term of their agreement. In exchange, the Area Developer provides franchise ...
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Ben & Jerry's searches for young, “cool” franchisees
StartupSmart
This includes the franchisee fee, fit-out, equipment, legal costs, administration setup costs, training, and the initial store launch marketing campaign. Annual fees include a 6% royalty fee, a 2% marketing fee and a 2% local area marketing fee. ...
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Kosama Strengthening Franchise Footprint with the Help of Snap Fitness
Sacramento Bee
"It's a way for people to motivate their friends, and it's a good way to work out that is cost efficient. We have quickly recognized the many advantages of such a workout and look forward to strengthening Kosama's presence among the industry leaders. ...
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Brokers tell ACCC: 'Get rid of mandatory MFAA memberships'
Broker News Australia
The competition watchdog is currently undertaking a review of third-line forcing notifications submitted by companies such as Mortgage Choice and Aussie Home Loans, making MFAA membership mandatory for their franchisees. Several brokers answered the ...
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Fantastic Sams Hair Salons, a Leading U.S. Salon Franchise Network, Announces ...
Sacramento Bee
Fantastic Sams® Hair Salons is one of the largest full-service hair care franchises in the world, providing the same quality services as independent salons, but at a fraction of the cost. In 2011, the company topped the lists of franchise rankings in ...
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Is your franchise agreement up to date?
Financial Post
Under most circumstances, franchisors are now permitted to mandate the cost of the products and services the franchisee offers; — Add a pre-authorized debit agreement for the automatic periodic withdrawals of royalties and other payments from the ...
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Financial Post
Ex-Subway Owners Yet to See Dime of Awarded $8.4M
Blue MauMau
Purvin said the bottom line is that the dispute resolution provisions of most franchise agreements are designed to insulate franchisors from liability, and to place the cost of justice beyond the reach of most franchisees. “Franchisees need to pay ...
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Bennigan's Brand Revival in 2011 Launches Legendary Comeback
Sacramento Bee
Bennigan's Franchising Company is growing, and the new prototype offers a low cost of entry and a flexible design to fit many types of sites. Part of the company's renewed focus is looking towards expansion through non-traditional locations, ...
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Vocelli Pizza Posts 16 Consecutive Months of Same Store Sales Growth
Sacramento Bee
The company has realized franchise growth from their 24 years of proven success, award-winning Italian menu and low cost start-up options. Vocelli Pizza awards franchises and development packages to qualified franchise partners looking to build their ...
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Proposed Fuel Economy Rules Underestimate Rising Vehicle Cost, NADA Says
Sacramento Bee
Today, NADA represents nearly 16000 new-car and -truck dealerships with 32500 franchises, both domestic and international. For more information, visit www.nada.org. Reader comments on Sacbee.com are the opinions of the writer, not The Sacramento Bee. ...
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Companies Put Ethics before Profit
NuWire Investor
"We're only making a royalty if that business is profitable. It puts the onus on us in coaching them or consulting with them toward success," Wall says. (Christian Brother's franchisees have a zero default rate with the SBA. The company is experiencing ...
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Franchise View: The problem with Online Directories
Select Your Franchise (blog)
These solutions have various disadvantages—loss of free advertising, additional cost, and thefranchisee's unwillingness to turn away business. Furthermore all require provisions in the franchiseagreement or operations manual if the franchisor is to ...
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Forest Laboratories, Inc. Reports Fiscal Year Third Quarter 2012 Earnings Per ...
MarketWatch (press release)
Per the agreement with Daiichi Sankyo, Forest's active co-promotion of Benicar ended in the first quarter of fiscal 2009 and the Company now receives a gradually reducing residual royalty until the end of March 2014. Cost of sales as a percentage of ...
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Get your T-shirt from a vending machine
Malaysia Star
Franchisees have the option of placing the vending machine on their own premises or in a locationof choice. However, Nandy does use “professional locators” to aid his customers with the placement of their “shop”. Upon buying the franchise, ...
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Malaysia Star
Tips for Restaurant and Coffee-shop Owners
Business West
In June 2011, the owners of five Dunkin' Donuts franchises were fined $6000 for violating state child-labor laws. The franchises employed minors without work permits, before the earliest permissible hour, after the latest permissible hour, ...
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2012 Restaurant Space Themes
Seeking Alpha
With credit conditions difficult, perhaps a new franchising model is needed: a dose of aggressivefranchisor fee and royalty incentives and partially guaranteed loan packages to buy down interest rates for franchisees. And, I'll say it: maybe now it ...
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Papa John's wants a piece of the GP pizza pie
Alberta Daily Herald Tribune
"It's the customer that wants a bigger size coffee," said Serge Allard, owner of five Tim Hortonsfranchises in Grande Prairie. Tim Hortons made the decision after market trials were implemented in certain markets in Canada. ...
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Why The Colts Should Pass On Peyton Manning
TIME
The Colts are grappling with a dilemma most successful sports franchises face at some point — whether to overpay for the subpar twilight years of a team's longtime star. While football teams have made rational decisions, baseball tends to reward aging ...
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Majesco Entertainment's CEO Discusses Q4 2011 Results - Earnings Call Transcript
Seeking Alpha
Sales and marketing expenses increased approximately $500000 due to advertising costs, primarily related to the release of Hulk Hogan's Main Event. Non-GAAP net loss for the quarter, including the impairment charge was $2.7 million compared to a loss ...
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500 and Beyond for Planet Fitness
Sacramento Bee
In addition to the $10-a-month membership, Planet Fitness also has the PF Black Card® membership, which costs $19.99 a month and comes with free and unlimited tanning, free guest privileges, free use of massage chairs and beds, 50 percent off all ...
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Surrender the Heart (Surrender to Destiny)Alexander Dictionary of English Idioms: English-FrenchUnder the SunStealing JakeAlexander Dictionary of English Idioms: English-Swedish
 

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