Entrepreneur Building Lego-based European Franchise Network

1 Karl Fitzpatrick, president of Wexford Chamber. Simon Rowe June 4 2017 6:00 PM A Wexford entrepreneur has secured the European distribution rights for one of the fastest-growing franchises in the world. Heads of agreement have been signed between businessman Karl Fitzpatrick and US firm Bricks 4 Kidz in a multi-million euro deal that paves the way for the rollout of the franchise across the EU. The deal is expected…

Franchise War Former 7-Eleven Owner Has Opened a “6-Twelve”

Now THIS is how you get revenge. There’s a guy in south Boston named Abu Musa, and he used to be a 7-Eleven franchise owner. But he wound up having a falling out with the parent company over their policies.  Specifically, because they FORCED him to sell hot foods like hot dogs and taquitos that no one was buying. He says, quote, “They’d sit there on the rollers, no one would…

4 Elements of a Strong Canadian Franchise

AUTHOR: BeTheBoss.ca DATE: MAY 15th, 2017 TOPIC: Industry Experts When you’re looking for a franchise in Canada, the first thing you’ll probably notice is the incredible amount of choices you have. In fact, the Canadian Franchise Association estimates that there are around 1,300 brands in Canada today. With all that variety, it can be hard to decide where to even start in your search. Luckily, there are four elements you should…

Franchisors Providing Better Financial Info in Franchise Disclosure Documents

BY TOM KAISER Published: 2017.05.18 02:43 PM Like any investment, franchising is a gamble for those considering putting their money on the line. To that end, we encourage all players in the industry to disclose as much financial information as possible. A new report by FRANdata suggests franchisors are getting the hint. According to FRANdata’s report, U.S. franchise brands are increasingly providing financial performance data to prospective investors and lenders.…

Three Types of Franchise Ownership

Three Types of Franchise Ownership 2017-05-10 Posted By Nicole Wells Buying a business franchise is one of the most trusted ways for you to venture into business for yourself. You have the backing of an established brand and an accompanying network of resources. A successful franchise model will provide you with well documented systems, a strong support team, and a great corporate staff to help your entrepreneurial dreams become a…

SpeedPro Imaging, the Nation’s Leading Printing and Graphics Franchise

Hundreds of SpeedPro Franchisees, Corporate Employees, and Vendor Partners Flocked to Denver to Share Best Practices and Launch Powerful New Programs Centennial, CO (PRWEB) May 12, 2017 SpeedPro Imaging, the nation’s leading printing and graphics franchise, hosted the most successful SpeedPro Imaging Franchisee Conference to date in Denver, CO from March 11 – March 13, 2017. The conference highlighted SpeedPro Imaging’s innovative company culture, promoted collaboration to develop best business…

Do I Need a Franchise Attorney?

May 12, 2017 By Harold Kestenbaum There are about 1.3 million lawyers in the United States, but only a small percentage of them specialize in franchise law. Only this group of individuals is conversant in the language of franchising and is familiar with the franchise relationship laws that govern the interactions between a franchisor entity and a franchisee investor. When getting help with a franchise business plan or when purchasing…

Entrepreneur buys UK franchise of US Alternative Board company

An entrepreneur so impressed by a business support concept that he chose to buy it has completed the acquisition with the professional support of one of his own members. 1 of 1 Ed Reid set up the York franchise of The Alternative Board (TAB), which brings together like-minded business owners and experts to share experience and support one another, in 2009 with the help of British Franchise Association affiliated lawyer…

Thinking of taking on a franchise? This is what you need to know

A survey conducted by the British Franchise Association and NatWest shows a record high of 97% of franchisee-owned units reporting profitability. This is especially attractive when compared with start-ups where sadly research shows around two out of three may fail. Franchising is a form of licensing where the franchisor grants the franchisee the use of a business brand and system within a specified territory or particular premises. The franchisor will…

7 Ways to Turn Your Franchise Into a Multiunit Franchise Empire

He went from one, to five, to 25 pizza franchises; and you can, too by Jeffrey McKinney (Image: Courtesy of Leo Thomas)  Armed with 32 years of experience in the restaurant industry, Leo Thomas became a multiunit franchisee. Since opening his first Marco’s Pizza in January 2014, a fast-casual restaurant franchise, Thomas now owns five Marco’s Pizza locations in Riverside County, California. (Image: Google Street View)  The Fast Growth of Franchise…