Looks like even some bigger names are realizing that franchising is not all its been cracked up to be.
That its not the easy, never fail, cookie cutter works approach that franchisers are trying to sell you. Though franchisespeak.com has been saying it for quite a while now, its nice to see some validation. [...]
In researching both successful and unsuccessful franchises, I came across the most recent list of the 25 worst franchises in the US according to SBA loan failure rates. (blue mau mau Jan 24, 2009). Ranking from the worst to merely “bad,” 40% of the top failing franchises were
Trish Bertuzzi’s recent post, Interviewing Inside Sales Reps: 5 Rules, has a few points that I agree with, and some that I don’t. I agree with her that hiring mistakes can be costly (which is why you should use a recruiter), and I also agree that it is helpful to determine those key characteristics that [...]
The emerging of Subway Franchise as the 2009 No. 1 franchise in the Entrepreneur Magazine’s Franchise 500 list is a simple proof of their meeting, by most (or all) standards, the basic requirements of an ideal franchise, according to Entrepreneur’s franchise 500 . Exceeding McDonalds by some units, the company has the stayed afloat, even [...]
If you’d like to work in a system where you and 100′s of others work for the benefit of the community, but no one benefits nearly as much as the dictator franchisor then franchising is for you. Having been in a franchise system where this became obviously true after just a few short months, it [...]
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Franchise News- Lack of goalie development one of Tampa Bay Lightning's big franchise failures - Tampabay.com May 19, 2012NBCSports.comLack of goalie development one of Tampa Bay Lightning's big franchise failuresTampabay.comBy Damian Cristodero, Times Staff Writer The Lightning's preliminary pursuit of Finnish goaltender Riku Helenius is one of the more fascinating developments of the offseason. It never has developed a goalie — not even a consistently reliable backu […]
- Helping hand for veterans: Franchises offer new career path - Colorado Springs Gazette May 19, 2012Helping hand for veterans: Franchises offer new career pathColorado Springs GazetteTo learn more about the International Franchise Association's VetFran program and its Operation Enduring Opportunity campaign, go to www.vetfran.com. Mickey Ayres, looking to launch a new career after 30-plus years in the Navy, wanted to run his own ... […]
- Wes Welker opts for a more politically correct route in contract talks - Boston Herald (blog) May 19, 2012Boston Herald (blog)Wes Welker opts for a more politically correct route in contract talksBoston Herald (blog)When I asked him about the status of contract talks for that extension in wake of signing his $9.5 million franchise tender, he said it had “gotten worse.” Asked to define “worse” Welker revealed the offer on the table was less than the two-year $16 […]
- Lack of goalie development one of Tampa Bay Lightning's big franchise failures - Tampabay.com May 19, 2012
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