2016 Outlook: Franchise Businesses Continue to Outpace Rest of Economy

Franchise small businesses will once again grow at rates that exceed non-franchise business growth in 2016, according to the Franchise Business Outlook: 2016 released today by the International Franchise Association. “We are forecasting that for the sixth consecutive year, franchise businesses will grow at rates that exceed the economy-wide growth of industries where franchises are …

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Mansfield Holdings buys 4 Lapels dry cleaners

Mansfield Holdings Group LLC of Worcester has acquired four Lapels environmentally friendly dry cleaning stores in Boston’s West End, Cambridge, Natick and Needham. The acquisition was finalized April 30. “These four locations are really just the start, as we look for additional development opportunities for Lapels Dry Cleaning locations throughout Boston and the MetroWest city …

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Entrepreneurial Insanity in the Dry Cleaning Business: When Doing the Same Things Do Not Produce Different Results…Paperback

Roger McManus, a battle-scarred, veteran entrepreneur, collaborates with Kevin Dubois one of the dry cleaning industry’s brightest stars, to develop an entirely different perspective on the subject of dry cleaning business ownership. “Entrepreneurial Insanity in the Dry Cleaning Business hits home for those who ‘walk the walk’”, comments co-author McManus. The book challenges the owners …

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Franchise Solutions’ Kim Vezina Woods, CFE Elected President of NEFA

Join us in congratulating Kim Vezina Woods, CFE, Senior Client Consultant of Franchise Solutions andFranchise.com, on her election as the New England Franchise Association’s new president. Woods served as NEFA’s Vice President for three years under Murray Vetstein and was elected president at the March meeting.  In her new role, Woods will work with the other NEFA Board of …

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New Hampshire Small Business Investment Protection Act (HB 1215)

The New Hampshire House of Representatives, Commerce and Consumer Affairs Committee, has scheduled a public hearing on that state’s pending franchise relationship legislation. The hearing is scheduled for Tuesday, February 4 at 10:15 AM in the New Hampshire State House in Concord. This Bill includes language on the rights of association, renewal, transfer and termination. Attendance …

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Maine Fair Franchising Act (LD 1458)

The Maine Legislature’s Joint Committee on Labor, Commerce, Research and Economic Development at Work Session on January 30, 2014 took action on an amended version of The Small Business Investment Protection Act, filed earlier in this session.  The first of several motions entertained by the committee was that the amended bill “ought not to pass” …

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Maine Small Business Investment Protection Act

Below is a link to a newly proposed Bill (LD 1458) introduced to the Maine legislature on April 25, 2013, which seeks to govern much of the franchisor/franchisee relationship. The Maine Small Business Investment Protection Act is of equal import to franchisors and franchisees and is well worth the read. http://www.mainelegislature.org/legis/bills/bills_126th/billtexts/HP104301.asp submitted by Suzanne C. Cummings, Esq., Cummings …

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Lapels Dry Cleaning CEO Kevin Dubois named New England Franchise Association (NEFA) Franchise Executive of the Year.

Lapels Dry Cleaning CEO Kevin Dubois, right, receives New England Franchise Association’s “Franchise Executive of the Year” award from NEFA President Murray Vetstein. Lapels is an innovative, environmentally friendly dry cleaning company with corporate headquarters in Hanover, Massachusetts. HANOVER, MA AND NORWOOD, MA… Kevin Dubois, CEO of Lapels Dry Cleaning, an innovative, environmentally friendly dry …

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Provide generic accounting templates for franchisees to get customized franchise-wide monthly financial reports

When your franchisees send regular reports of their financial performance, do you, as the franchisor, receive standardized files that you can easily merge and analyze for system-wide data? Or does your finance department spend hours (or worse, days) extrapolating financial data from a hodgepodge of reports and rebuilding the data in Excel so you can …

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