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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.

What Do Prices Know That You Don't?

Mike Munger asks that question in a great little video. He's a Duke professor; the school has made good progress since I was there.

Hotels Await Impact of Storm on Profits

Image of Super Storm Sandy by NOAA as it hits Eastern Seaboard
NOAA image of Superstorm Sandy, after hitting Eastern Seaboard

Superstorm Sandy looks likely to push down quarterly profits for national hotel chains and the travel industry. Sandy, which accounts for at least 56 storm deaths in the Eastern Seaboard as of Thursday morning, crippled much of the coastal areas of New Jersey and New York.

Vice Presidential Debate Discusses Small Business

Vice Presidential Debate 2012 at Centre College, photo by Blue MauMau

DANVILLE, Ky. — Vice President Joe Biden and Republican candidate Paul Ryan (R-Wis) contested in a vice presidential debate at Centre College at Danville, Kentucky Thursday night. In the debate moderated by ABC News' Martha Raddatz, small business tax policy became a point of disagreement.

Are You Better Off Now than 4 Years Ago?

Hotel owners, are you better off now than you were four years ago? Consider these news bits:

Two Men Boldly Measures Franchisee Profits

Wichita franchisee Garrett Peterman (front) at work. Photo/Two Men

LANSING, Mich. — Randy Shacka takes time to talk with Blue MauMau about an extraordinary area where his company stands out. Franchisor Two Men and a Truck measures performance not only of its own franchising company, but also almost everything at the franchise level, including their bottom line. That puts his firm in a rarified area that few franchising firms can emulate.

Taxes and the Deficit

Normally, this column is supposed to cover the tax changes over the prior year and how they impact the hospitality industry.

Franchise Industry to Strengthen in 2012

Chart: BMM. Data: IHS Global & World Bank

WASHINGTON — A trade association for franchising companies has developed a new economic index that measures the economic health of the franchise sector. The trade group says that the Franchise Business Index (FBI) was up 1.4 percent last month compared to February 2011.

February Jobs Up Again, QSRs Benefit?

Change in payroll jobs by Calculated Risk

WASHINGTON — Nonfarm payroll employment rose by 227,000 in February, and the unemployment rate was unchanged at 8.3 percent, the U.S. Bureau of Labor Statistics reported today.

Franchising Growth in 2012: This Time Is Different?

In 2010 Carmen M. Reinhart and Kenneth S. Rogoff wrote a book entitled “This Time is Different: Eight Centuries of Financial Folly”.    Writing on the heels of the Great Recession the book’s message was a simple one:  no matter how different the latest financial crisis always appears, there are remarkable similarities with past experiences from other countries and from history.