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Log In / Register | Mar 20, 2010

Investigative News

TCBY Will Offer a Free Franchise for the Right Vlogger

Reporter | BMM Staff | Mar 12 | buy, food
tcby_giveaway
Front page of TCBY.com
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Huddle House Drops Franchise Fees

Reporter | BMM Staff | Feb 7 | buy, food
HuddleHouse_CEOGreifeld
Huddle House CEO Phil Greifeld, photo/huddle house
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Franchise War Brewing at Wyndham?

Reporter | BMM Staff | Jan 9 | buy, hotel, franchising
super8
Is now the winter of discontent for Super 8 franchise owners? photo/bmm: A Super 8 franchise in central Kentucky during Friday's snow storm

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Top Five Friendliest Franchises for Minorities

Reporter | Don Sniegowski | Oct 30 | buy

OAKLAND, Calif. - The National Minority Franchising Initiative (NMFI) has identified the five best franchises for minorities. The franchise chains named are as diverse as Choice Hotels and NexCen Brands, a conglomerate of various franchise brands from cookies to athletic wear.

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Are Franchisors Really Targeting Youngsters?

Reporter | Don Sniegowski | Oct 16 | buy, franchising

"There's a youth movement brewing in the franchising world,” The Wall Street Journal reports. It explains that as boomers are retiring, franchise brokers and a few franchisors are putting increasing efforts into recruiting new college grads.

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The Elusive Earnings Claim

Reporter | Don Sniegowski | Sep 8 | buy, franchising
Finding franchisors willing to reveal their franchisee's earnings can be difficult
Finding franchisee earnings is difficult for a franchise buyer
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Small Business ARC Loans vs Problematic Reality

Kahuna | Mr. Blue MauMau | Sep 8 | buy

A small business lending advisor states that since the inception of a special SBA loan program in June, there have been only 1,800 ARC loans approved by less than 600 lenders.

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SBA Studies Say Franchises More Likely to Fail than Small Businesses

Kahuna | Mr. Blue MauMau | Aug 28 | buy

WASHINGTON - Separate studies by Professor Timothy Bates and now two studies by the Small Business Administration report that franchises fail more than independent small businesses.

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Thawing the Credit Crunch at the SBA

Reporter | Don Sniegowski | Jul 27 | buy, manage, franchising

A number of small business and franchisor advocates are chiming in about the need to prime the lending pump at the Small Business Administration.

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Franchisees Kept Out of Earnings Forecasts for Their Own Loans

Reporter | Don Sniegowski | Jun 17 | buy

WASHINGTON - With a quiet wink and a nod, many franchisors and lending brokers pass around financial information to a franchise investor's bank while keeping the franchise investor in the dark.

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Headlines from the 'Net

South African Franchisee Complaints Similar to US

Member | Lionel Hutz PA | Mar 12 | buy

Some South African franchise complaints sound like they are coming from the mouths of American franchisees.

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Tricking the Mind to Buy

Member | Darnelle White | Feb 22 | buy, franchising
easytrue2
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Abilene Sees Franchise Economic Power

Member | Juan F | Feb 14 | buy

One American community, Abilene, Texas, notices how strongly franchises have come to represent their community businesses.

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BFA Copies IFA

Member | Lionel Hutz PA | Feb 5 | buy, franchising

The British Franchise Association announced Tuesday that it is launching a certification for franchise professionals. It’s called Qualified Franchise Professional.

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WATCH: Franchisors Find Ways to Devour Own Franchisees

Member | Lionel Hutz PA | Feb 2 | buy

A CNN "superstar" iReporter vlogs today on how in these tough times franchisors are looking to compete and devour their own franchisees. Case in point, he states, is Sunday's news about Allstate insurance giant shedding 20% of its agent franchisees. (Editor's warning: Video starts automatically when accessing this story.)

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Firepower - Too Big For Fraud, Extortion and Kidnapping

Member | Ray Borradale | Jan 29 | buy

In 2008 in Australia we read that Firepower International associated with Stephen Moss, son of a former Macquarie bank senior executive, Bill Moss, had offered the fuel consumption reduction pill franchise by tender.

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Go Sushi $100K Profit Guarantee

Member | Ray Borradale | Jan 28 | buy

Go Sushi Australia has started 2010 by introducing the First Year $100,000 Profit Guarantee for all new franchisees.

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Franchise Fad or Here to Stay?

Member | Bob Frankman | Jan 20 | buy
Are dog poop scoop businesses booming?
Are poop scoop franchises here to stay? photo/mslavick

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Cut the Red Tape for Startups

Member | Pualani | Jan 16 | buy

Entrepreneurs have put up for many years with the headaches of government hurdles in starting and running a business.

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SBA Backs 504 Loans with $3B Guarantee

Reporter | Don Sniegowski | Jan 12 | buy

A bill that passed last year to revive the secondary market for Small Business Administration 504 loans will kick off soon in an attempt to unlock credit for franchises and small businesses trying to expand.

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Expert Advice

The Franchise Industry Benefits as the Economy Begins Its Recovery

Member | Gus | Mar 11 | buy, trends, franchising

In the midst of an economic crisis, it’s no longer easy to get credit. Americans are beginning to live within their means. Unnecessary expenses are being cut by families and corporations.

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Renewal Provisions: What A Prospective Franchisee Should Do

Expert | Keith Kanouse | Jan 21 | buy, legal
Keith Kanouse's picture

A prospective franchisee needs to retain an experienced franchise attorney to review all of the terms of the franchise agreement including the renewal provisions.  If the typical renewal provision is in the franchisor's standard form of franchise agreement, try to renegotiate this provision to make it fair.

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A Franchisee's Dilemma with Renewing

Expert | Keith Kanouse | Jan 11 | buy
Keith Kanouse's picture

The vast majority of today's franchise agreements (that is, "one-sided, franchisor-oriented") normally contain the following provision as one of the conditions to the franchisor agreeing to renew the franchise agreement at the end of the initial term.

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