FDI releases statistics revealing that Pre-Paid Legal Services, Inc. (NYSE:PPD) director and largest stockholder, Thomas Smith, knowingly profited from failed members and associates For Immediate Release SAN DIEGO/EWORLDWIRE/Feb. 25, 2009 — The Fraud Discovery Institute Inc. (FDI) has just released statistics revealing that over 70 percent of vested associates of the Pre-Paid Legal Services Inc. [...]
Recently, I posted a discussion on LinkedIn about whether or not transitioning corporate executives made good franchisees. Most responses came from individuals from within the franchise industry. Some, from outside the industry. Several responses were based upon actual experience while some were simply opinion. I’ve listed in this article several of the responses which I [...]
Unemployed seek fulfillment in new careers from pet care to finding jobs for moms. By Ron Scherer| Staff writer/ January 28, 2009 edition Pat Murphy talks with reporter Ron Scherer about how the economic crisis is prompting people to start their own businesses. Reporter Ron Scherer America may be in a recession, but that’s not [...]
BENICIA, Calif., Feb. 25 /PRNewswire/ — 1-800-Radiator, the only franchise distributor of aftermarket cooling parts in North America, currently has eleven start-up franchise locations for sale in North America. The company currently has a total of 244 franchise locations with owner-operators servicing targeted geographical areas and providing customers with a high level of personalized service. [...]
Kids and Pets – Franchises That Hold Their Own in a Recession We all have to eat, sleep, pay our taxes(uh), and most of us have to work. With the economy in the dumps, most people are staying at home and NOT spending money on non- essentials. At the very least, what is considered to [...]
Why on Earth is Procter and Gamble getting involved in the Car Wash Industry? Moreover, why is perhaps the greatest consumer product company of all times getting into the franchising business. You see, P&G is a great branding company, and some believe the best in the world. What intrigues Corporate America about the car wash [...]
As a retired franchisor and part-time consultant, folks often ask me about what they need to do to franchise their company. Not long ago someone asked about franchising an accounting company in the Northern Midwest. This sector maybe perfect for the “franchising format” model; the accounting guy will need Audited Financial Statements, and disclosure documents [...]
From thrift stores to repair shops to auto garages, the recession brings new opportunities to plenty of small businesses The current economic picture is certainly a gloomy one, with massive layoffs, bankruptcies, the collapse of financial institutions, and a severe credit crunch. But the recession has also injected life into a slew of small businesses [...]
The Chief Information Officer, Given an Enhanced Role Within the Company, Can Play a Pivotal Part in Navigating Companies Through the Downturn BOSTON, MA – CEOs should recognize the potential for their information-technology operations to transform the business during the downturn and give IT a more central role in the company, according to The Boston [...]
by Stefanie Murray | The Ann Arbor News Monday February 16, 2009, 1:01 PM Although he sells gently used kids’ clothing, Taylor Bond’s background before he bought the Children’s Orchard chain of resale shops had little to do with children. TAYLOR BOND Bond, 47, sold pizza with Domino’s, worked for a company called Computer Renaissance [...]
Older Americans are shelling out thousands of dollars in start-up costs to take the risk of opening a business. By Dave Carpenter Associated Press Posted: Sunday, Feb. 15, 2009 More Information Thinking about a franchise? Invest in what you know: Pick a business where you have some kind of familiarity or related skills. Remember the [...]
Posted: 02/14/2009 08:13:01 PM MST Bonnie Hensley is only half-kidding when she says that paying for someone to clean her house is a lot cheaper than going to psychiatrist. Hensley of Taylorsville said she’s had her home cleaned since she started working full time as a physical therapist 17 years ago “as a way to [...]
Speakers and exhibitors from around the world will converge on Riyadh from 25th to 27th May to attend the second International Conference & Expo for Franchise (ICEF 2009). Riyadh Chamber of Commerce prepares for Second International Franchise Conference 2009 The event, hosted by the Riyadh Chamber of Commerce & Industry and organized by MARCOM, will [...]
Dave Neff knew there was a big problem during ceremonies earlier this month in Ogden that marked the opening of Jiffy Lube’s first store about 30 years ago. Neff, who owns several Jiffy Lube franchises, pulled aside Rick Altizer, president of the world’s largest fast lube company, to tell him that the founding date was [...]
Five Vietnamese franchise opportunities for US brands were introduced to businesses in HCM city this month. The brands, presented by the US Commercial Commission in Vietnam , Edwards Global Services Inc. (EDS) and the August Bao Law Firm, include three food franchise opportunities offered by The Melting Pot, Round Table Pizza – the fifth biggest [...]
Panera Bread Company (NASDAQ: PNRA) today reported net income of $26 million, or $0.84 per diluted share, for the fourth quarter ended December 30, 2008, including $0.03 per diluted share of charges. These charges include a $0.01 net charge for a write-off of the Company’s investment in the Columbia Strategic Cash Portfolio, a $0.01 charge [...]
Every time you turn on the news, log in on the computer or open the newspaper, a major company is laying off 5,000 plus employees. Franchising has always soared when jobs are lost and no new ones are created. The current economic situation surrounding us is the worst in the history of the United States. [...]
A Sonic Drive-In restaurant is coming to the north side of Terre Haute. Construction is currently underway at 2149 S. State Rd. 46, said Karen Hall, technology and relationship manager of Mason-Harrison-Ratliff Enterprises, which owns the new franchise. The restaurant is tentatively scheduled to open in late April or early May, Hall said. “I know [...]
Seattle’s Best Coffee, a division of Starbucks Corp., said it plans to expand its franchising program.
The Waterless Car Wash industry subsector seems to be making waves in places that are under severe water restriction or Level II or Level III Drought. For instance, in Australia there is a little franchising company that is growing fast that sells franchised service businesses that clean cars on-site, using only waterless car wash products
Extra Space Storage Inc. (“EXR”, the “Company”) (NYSE: EXR) today announced a realignment of its executive management team. Kenneth M. Woolley, the Company’s Chairman and Chief Executive Officer, has accepted an invitation to serve a mission for the Church of Jesus Christ of Latter-day Saints. In accepting this opportunity, Mr. Woolley will take a three-year [...]
