FRANCHISE News, Jun 08, 2012

Franchise

'Buying' a franchise really means 'renting' Globe and Mail Sure, you might have paid the franchisor an initial franchise fee of $40000, royaltiesand advertising fund contributions totaling 10 per cent of your gross sales for every year of the term, plus $500000 to construct and develop the premises, ... See all stories on this topic » Globe and Mail

New female fitness chain EnVie pledges to shake up the industry StartupSmart Hundt says EnVie has pioneered a new franchise model based on a strong partnership between thefranchisor and the franchisee. Franchisor income is entirely reliant on the success of the individualfranchise. A fixed cost per member royalty fee “ensures ... See all stories on this topic »

Burger 21 Signs Franchise Deal for Two Locations in Atlanta and Kicks Off ... Sacramento Bee Depending on the real estate site selected, franchisees can expect the total cost of investment for one restaurant to be approximately $513495 - $733995. The initial franchise fee is $40000 and reduced franchise fees apply for Area Development ... See all stories on this topic »

Safetek International Announces Rollout of Kiosk Sales Program to Ramp Up Revenues MarketWatch (press release) Krantz continued, "The importance of the kiosk business model is to gain the best product exposure for a reasonable cost without signing long term expensive leases. As an example to our futurefranchisees, a kiosk is where can you pay a couple of ... See all stories on this topic »

Five reasons why franchisor websites fail recruitment basics SmartCompany.com.au A review of various franchisor websites conducted by the Franchise Advisory Centre in recent months has highlighted five common problems that undermine the credibility of franchise brands and become a turn-off for potential franchisees. See all stories on this topic »

Hotel Owners Govern the Brand at Best Western Blue MauMau What's interesting about Best Western's model is that it has redefined business value for hotel owners and franchisees by significantly shifting down costs and fees. At 2.6 percent of total rooms revenue, its royalties for hotel owners are the lowest ... See all stories on this topic » Blue MauMau

IPL 2012: Transfers which the franchises would have regretted making Cricket Country Such absurd moves have cost the team dearly. Not just DC, there are quite a few other teams that would have repented trading a few of their players. This article focuses on transfers some of thefranchises should have refrained from making. See all stories on this topic »

Franchising moving ahead again, after slump during recession Fort Worth Star Telegram The startup cost is about $450000 per store, which the couple are financing in part with a Small Business Administration loan. Royalties to Toppers are 5.5 percent of sales. The McGregors also recruited a general manager to run the restaurants. See all stories on this topic » Fort Worth Star Telegram

PrepaYd, Inc. Announces Opening of Nevada Office as Marketing and Corporate Hub Sacramento Bee Potential purchasers of PrepaYd Wireless Franchises are more apt to fly into Las Vegas for a few days for a sales presentation from pretty much any state in the US The high unemployment rate in Nevada, lower cost of living and no state income tax ... See all stories on this topic »

Taomee Announces Appointment of New Independent Directors Sacramento Bee Founded in 2007, Taomee is one the first companies in Greater China to develop animatedfranchises for children through online virtual world that are both fun and educational. The Company's virtual worlds are widely trusted by millions of parents and ... See all stories on this topic »

McDonald's Looks Fair Under $90 Seeking Alpha The franchisee-owned restaurants have higher profit margins than the corporate owned restaurants (McDonald's collects rent and royalties), but the corporate owned restaurants allow McDonald's to develop new products and new looks and keeps management ... See all stories on this topic »

Ruby Tuesday, Inc. Announces Chief Executive Officer's Intention to Step Down ... MarketWatch (press release) In a spin-off transaction that occurred in 1996, Morrison Restaurants changed its name to Ruby Tuesday, Inc., and today, under Beall's leadership, the Company owns and operates 740 Ruby Tuesday restaurants and franchises 85 restaurants. See all stories on this topic »

Bruster's Real Ice Cream Joins the Mobile Kitchen Craze Sacramento Bee According to industry experts, the mobile kitchens category has exploded due to several factors: the recession, low cost of entry, flexibility to test menu concepts and brands able to expand their business beyond their bricks and mortar location. See all stories on this topic »

Zacks Bull and Bear of the Day Highlights Sears Holding, Progressive ... Sacramento Bee The improved results were primarily driven by its ongoing cost reduction, inventory management, strengthening liquidity strategies and merchandise initiatives. Moreover, adjusted EBITDA margin expanded 150 basis points to 2.1% from 0.6% in the ... See all stories on this topic »

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