Archive for December, 2007
Viet Nam lays legal foundation for franchising
Vietnam News Franchising is a relatively new business concept in Viet Nam. Although existing here since the early 1990s, it has been slow to develop and has yet to enjoy the level of popularity it has in more developed countries. With Viet Nam’s accession to the WTO, however, franchising is expected... More
Hotbrands expands in India
Trade Arabia Hotbrands International (HBI), one of the fastest growing food services companies in the region, has opened three more outlets in Gurgaon in India under a strategic alliance with Amit Burman of Dabur Foods. Dubai-based HBI also plans to enter the Bahrain market for the first time, while... More
Play N Trade Experiences 25 Percent Growth in Less Than Two Months
Play N Trade video games opened its 125th retail store in Charlotte, North Carolina, to achieve 25 percent growth in less than two months. “The impressive growth rates we are experiencing exceed that of most franchise operations,” said Ron Simpson, founder of Play N Trade. “We are continuing... More
Dozens caught in franchise scam
Tvnz Dozens of New Zealanders face a bleak Christmas after being caught up in what appears to be a multi-million dollar fraud. New Zealand’s biggest franchise business, Green Acres, has gone to the police after one of its master franchisees signed up people for ironing work that does not exist. Emotions... More
Five Star Painting announces a new franchise opening in Orem, Utah
Five Star Painting Inc, a leading painting franchise system today announced that Nathan Dunn, a local real estate executive, and Jordan Gross, a current franchisee for Five Star Painting in Provo, Utah have purchased and opened a new location in the Orem, Utah market. Five Star Painting is now one of... More
QuikDrop Closes eBay Drop-off Store Franchise
Auction Bytes QuikDrop is closing its eBay drop-off store franchise business at the end of the month, but franchise stores will be able to continue to use the QuikDrop name, logos, and signage. A conversation with the company’s cofounder Jack Reynolds on Wednesday netted a laundry list of complaints... More
McDonald’s sees restaurants as green laboratories
Reuters From low-flow water faucets to converting French fry oil to fuel, McDonald’s Corp is testing ways to reduce the impact its 31,000-plus restaurants have on the world’s resources. The hamburger chain, whose iconic brand and presence in 118 countries has made it the target of anti-globalization... More
Burger King chases rivals in Asia’s Whopper market
Financial Post Burger King, now making up for years of soggy growth and a decaying global business, is plotting an expansion into Asia in the coming half-decade to narrow the gap with arch-foe McDonald’s. Chief executive John Chidsey told Reuters on Thursday that the world’s top hamburger... More
Signs Now Women Franchise Owners Acheive Growth and Success in Industry
Franchise Wire According to the Center for Women’s Business Research (CWBR), nearly 10.4 million firms are majority owned by women, employing more than 12.8 million people, and generating $1.9 trillion in sales. As one of the first sign franchise companies, Signs Now continues to recruit and assist... More
Franchise strategy narrows Coffee Republic losses
UK.Biz Coffee Republic operating losses narrowed slightly as it rolled out a strategy of converting company owned coffee bars to franchises. The company reported operating losses of £811,000 in the six months to 23 September compared with £886,000 in the same period of 2006. Like for like growth was... More
Eagle Boys and Dominos Pizza at war
News THE rivalry among pizza chains is always fierce – who’s top of the toppings, has the best base and is most switched on online. And it can turn ugly. An episode of pizza envy played out this month when eagle-eyed Eagle Boys, in media releases and a Youtube video, mocked the size of Domino’s... More
Franchising inquiry background paper released today
The background paper for the State Government’s Inquiry into the Operation of Franchise Businesses in Western Australia has been released today. Small Business Minister Margaret Quirk said the inquiry, announced on November 2, provided an important opportunity to examine fairness in franchising arrangements. “Although... More



