Multi-Unit Franchising Trends Articles

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Transfers of Power: Under-Performing Units Present Opportunities in 2010

FEB. 22, 2010 08:00:00 AM | BY DARRELL JOHNSON

The difficult consumer business environment has made the economics of new unit expansion more challenging. This makes "getting to yes" with bankers more difficult because the economics do not have as healthy a margin for error as they did in more robust times. As a consequence, capital access will continue to be the most constraining factor as we look at the next few years. Financing new units is relatively more challenging in general, and in this economy that is particularly true.

Alternative Location, Location, Location

FEB. 10, 2010 07:00:00 AM | MULTI-UNIT FRANCHISEE

Non-traditional retail business locations such as airports, hospitals, and universities have become popular (and successful) business opportunities for some franchise brands that are actively on the grow. These types of locations usually offer plenty of customers and often only a few choices for food, beverage, and beyond. It's a perfect combination. Now add Bruegger's Bagels, Fazoli's Restaurants, Friendly's Ice Cream, Smokey Bones Bar & Fire Grill, and Timothy's Coffees of the World Inc., to that list of progressive franchise operators looking for new opportunities.</p>

Build Your Winning Team - Registration Now Open for 2010 Multi-Unit Franchising Conference

JAN. 21, 2010 09:20:00 AM | PRESS RELEASE

Franchise Update Media Group (FUMG), the leading industry resource for franchise development, today announced that registration is now open for the 2010 Multi-Unit Franchising Conference, where keynote speaker and former Super Bowl winning coach Mike Ditka will share his "Playbook for Success." The conference will be held March 24-26 at the Mandalay Bay in Las Vegas.

Capital Access

JAN. 12, 2010 10:00:00 AM | MULTI-UNIT FRANCHISEE

Gaining access to and securing capital is more important for franchisees today than ever. Every week we talk with multi-unit franchisees about how they are growing and the kind of financing it takes for them to achieve their goals and objectives. It's an important topic and sometimes we get some very candid responses.

A Facebook Grand Opening

DEC. 03, 2009 11:00:00 AM | MULTI-UNIT FRANCHISEE

Looking to open a new franchise location? You might want to consider using Facebook. That's what multi-unit franchisees like Adam Saxton are doing - and they're getting results. When the Saxton Pierce Restaurant Corp. was looking to open a new McAlister's Deli location in Texas last spring, the company called on Facebook.

Call for Multi-Unit Franchisees to Participate In Nationwide "Top 99" Rankings By Franchise Update Media Group

NOV. 16, 2009 11:05:00 AM | PRESS RELEASE

Franchise Update Media Group (FUMG), the leading industry resource for franchise development, today announced that submissions for the 2010 Multi-Unit Franchisee "Top 99" lists are being accepted through Friday, Nov. 20, 2009.

How Social Is Your Media?: Social Networking Catches Fire as a Cost-Effective Marketing Tool

NOV. 09, 2009 10:00:00 AM | BY KERRY PIPES

By now you're most likely familiar with pop culture buzzwords like tweets, friending, and texting. But if you haven't had much firsthand involvement in these activities, chances are you will very soon. These ubiquitous and participatory endeavors are all part of a "social networking" trend that's spreading like wildfire online and, some say, is poised to create a new frontier in 21st century marketing.

Going Social

OCT. 20, 2009 08:00:00 AM | BY EDDY GOLDBERG

Social media, social networking, social marketing, social recruiting. Whatever you call these new connectivity platforms, they're sweeping the business world in 2009--much as the Internet and World Wide Web did circa 1995. Everybody wants in on the action, but no one is quite sure how. Okay, maybe some people know. We asked a few--and went online (of course) to find out more. We also pulled a few thoughts from "The Long Tail," a book by [i]Wired[/i] magazine Editor Chris Anderson on how Web 2.0 and social media have transformed marketing and sales.

Confronting the New Lending Reality: Adjustments Required As The Supply/Demand Equation Shifts

OCT. 19, 2009 08:00:00 AM | BY DARRELL JOHNSON

Why did lenders go from using fog-the-mirror underwriting to 100 percent cash collateral requirements in less than a 36-month period? Why did the banking watchdogs not bark? From a franchise growth perspective, the answer is simple: It doesn't matter. What does matter is confronting the new lending reality.

Social Gathering

OCT. 02, 2009 02:00:00 PM | MULTI-UNIT FRANCHISEE

Social media has exploded onto the franchising - and business - scene with a fury not seen since the early days of the World Wide Web back in the mid-90s. As more and more franchisors and franchisees begin experimenting and utilizing tools like Facebook, Twitter, and Youtube, we've decided to report on some unique, progressive, and innovative ways in which they've embraced this technology.

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