Multi-Unit Franchising Articles

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Special Operations: Franchising in a Strange Land

AUG. 30, 2010 08:00:00 AM | BY EDDY GOLDBERG

Opening franchise units in nontraditional locations has been the domain of specialists--but not anymore. With the economy still slumping, lending still tight, and suburban expansion at a standstill, many multi-unit franchisees are exploring the viability of sites such as airports, hotels, colleges, senior centers, highway rest stops, hospitals, and military bases.

Change on the Horizon

AUG. 27, 2010 12:00:00 PM | BY LARRY FELDMAN

Just like any business, the franchising business is one that I have seen evolve tremendously over the past 30 years. While many of the cornerstones and crucial elements - product, simplicity, control, and support - remain the same, so much is changing.

Hiring Entrepreneurs: A Case Study of Hiring the Spirit of Success

AUG. 27, 2010 10:00:00 AM | BY KERRY PIPES

As we continue to mine Dave Melton's book, <i>Hire the American Dream,</i> I thought it would be interesting to highlight a case study that demonstrates just how successful smart hiring can be. Here Melton describes his experience hiring an immigrant.

For Sale Or Lease?: Pros and Cons of Buying vs. Leasing Space for Franchise Tenants

AUG. 27, 2010 08:00:00 AM | BY DALE WILLERTON

Whether you purchase or lease commercial space is one question. Whether you can find good commercial space to purchase is another matter unto itself. Although commercial property purchasing options exist across the country, they are less abundant than leasing opportunities. It is my opinion that, the better the location you need for your own business, the less likely you will be able to find a suitable space for purchase.

Leadership Skills Lead To Growth: Building Your Franchise Operation from One Unit to Two

AUG. 27, 2010 06:00:00 AM | BY MICHAEL PEARCE

Growth. It's everyone's goal, from the large publicly-traded franchise company whose value depends on its growth rate to the new single-unit franchisee excited about replicating his success. Growth is a universal desire. It creates a challenge, which in turn, keeps our lives interesting and vibrant.

Family Matters: Bojangles' Franchisee Balances Business, Family, Community

AUG. 23, 2010 08:00:00 AM | BY DEBBIE SELINSKY

When Columbus, Ohio, native Jeff Rigsby was a 16-year-old frying chicken for KFC, he couldn't have foreseen that one day he'd own 21 Bojangles' restaurants.

American Dream: His Journey Began at 19 with a Daring Escape From Iran

AUG. 16, 2010 08:00:00 AM | BY JOHN CARROLL

When 19-year-old Atour Eyvazian fled from his native Iran in the early 1980s to escape persecution for being a Christian, he embarked on an odyssey that led through Turkey all the way to Los Angeles.

Getting The Numbers Right: Dallas Multi-Unit Operator Builds Growth through Strong Unit Economics

AUG. 10, 2010 02:00:00 PM | BY KERRY PIPES

Cary Albert is sold on the value in unit economics. The Dallas, Texas-area multi-unit franchisee operates Schlotzsky's and Cinnabon locations and says there's no question his operation benefits from keeping an eye on unit performance numbers.

Terminate Don't Break: Termination Tips For Your Commercial Lease

AUG. 10, 2010 12:00:00 PM | BY DALE WILLERTON

As a franchisee, you may have found it quite easy to secure a lease with a commercial landlord; however, you may face many roadblocks if, or when, you need to terminate your lease.

Capital Access: Florida Multi-Unit Operator on Strategic Growth

AUG. 10, 2010 10:00:00 AM | BY KERRY PIPES

Pizza franchising is a tough market. The competition is stiff and the recent economic recession really put the squeeze on many franchise operators. But despite pizza price wars and price-sensitive consumers, operators like Glenn Ajmo have discovered a few silver linings that are helping him sustain growth.

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