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Why the Franchise Industry Can't Solve the U.S. Wage Problem

Raising the minimum wage in certain industries won't change the economic realities of what's causing the problem.

Franchise Jobs Cool in April

Masarati Manhatten Showroom
A Masarati car dealership in Manhattan. Car dealerships are a hot bed of hiring. Photo/psteinberg

ROSELAND, N.J.—In a sign that the economy cooled in April, private-sector franchise jobs in the United States increased by only 15,600 during the month. Franchise jobs had an unusually soft month in April, matching the same monthly growth rate of small business hirings of 0.2%. Franchise hirings typically exceed small business monthly rates.

How Dunkin' Plans To Attract Customers to Its Franchisees

Nigel Travis, CEO and chairman of Massachusetts-based franchisor Dunkin' Brands, speaks with Bloomberg about how the brand expects to attract more customers to its franchisees' businesses.

First Quarter GDP in U.S. Grows by Only 0.1%

WASHINGTON—Real gross domestic product for the United States increased by a sluggish 0.1 percent in the first quarter of 2014, according to an "advance" estimate by the Bureau of Ec

Failed Quiznos Franchisees Drag Maine Economy Down

Quiznos franchisees

PORTLAND, Maine - As Maine Quiznos franchisees fail miserably under a broken business model, some are questioning what detriment there will be to their state’s economy.

Debate: Fast Food to Give Birth to Labor Unions?

Economist Robert Reich says that fast food workers may be the next movement to unionize. He argues why its necessary. Other panelists are skeptical.

Will Sequester Cuts Affect Your Industry?

WASHINGTON — On Sunday's television news interviews, Republican leaders said that they would not relent on the sequestration of across the board automatic cuts that kicked in on March 1 as Congress remained deadlocked on budget cut decisions.

NADA: Economic Momentum Grows in 2013

Chief economist of the National Automobile Dealers Association Paul Taylor foresees sales momentum for new cars and lights trucks to grow more in 2013.

Retailers Report Strong January Sales Despite Payroll Tax Rise

NEW YORK — In further evidence that the economy's private sector is gaining steam, U.S. chain-store retailers sizzled in January, posting a gain of 4.5% compared to last year.

Sports Team Franchises To See Strong Growth; Fast Food Not So Much

Growth in professional sports franchises & key related industries

SANTA MONICA, Calif. —If you want to own a franchise, research shows that the boats rise a little faster for sports team owners. If you can afford one, professional sports team franchises will be one of the strongest growing sectors compared to other sectors tied to sports.