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The International Franchise Professionals Group (IFPG) announced today that they have added experienced franchise executive Red Boswell as President to continue IFPG’s rapid growth connecting franchise professionals...
The newly formed JDog Brands has announced an aggressive expansion program that will open 500 new franchises over the next decade and introduce a broadened portfolio of home and commercial services to U.S. consumers and...
For hundreds of years philosophers and doctors of psychology have promoted the idea that if you want to accomplish something that you can realize it faster if you “Act as if” you have already received it.
Want a fancy...
“Silent partnerships” are often a surefire recipes for business breakups. A silent partnership is one in which Partner A—the silent partner—provides funding for the business and is not involved at all in the day to day...
Are you planning to hire new employees for your franchise? How are you going to do it?
Chances are you are starting by looking at the job description for the position you are trying to fill. Maybe you are using one that...
When the U.S. Congress enacted the Tax Cuts and Jobs Act of 2017, the legislation made some major changes to the tax code. Let’s talk about a few that directly affect the franchising industry.
Pass-Through
The law...
Most franchisors have a vision of attracting multi-unit franchise owners to their system. The concept of strong franchise partners who bring capital, experience, ability and industry knowledge to the brand and with...
One of the biggest trends in franchising is the Hub-and-Spokes Business Model. We’ve seen this with central commissaries in Dunkin Donuts and Panera Bread as well as many emerging franchise systems. Few people recognize...
As a multi-unit operator, you may have decided it’s the right time to transform your franchise investment with increased sales, to open new units or expand into a new brand. This shift should be rooted in a high-level...