Brueggers continues to expand despite weak economy

Bruegger’s  the Burlington, VT franchisor announced that it will continue to add bakeries in spite of the weak economy. In 2008, the company is ahead of plan inking development agreements totaling 46 new bakery commitments. Since 2005, when Bruegger’s significantly modified its franchising program, the company has reached development agreements for 153 new bakeries. This …

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2009 Franchise Economic Forecast

Darrell Johnson of FRANdata presented the 2009 Franchise Economic Forecast at the Franchise Updates September Leadership & Development Conference  (download your copy of the FRANdata report here). Darrell reports that the the economic downturn is clearly going to impact many aspects of franchising, none more so than access to capital. The capital markets are effectively …

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Women in Business stake out Their Dream.

Today’s career women are continually challenged by the demands of full-time work and the responsibilities and commitments at home. Fantastic Sams Hair Salons, NEFA Member and the nation’s largest full service hair salon brand, has a unique business model that allows women entrepreneurs to successfully achieve work/life balance. Ranked as one of Entrepreneur Magazines Top …

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Athletic Nation signs NFL All-Pro Neal to endorsement deal

Athletic Nation, NEFA member and a men’s personal-training gym franchisor, has signed National Football League All-Pro Lorenzo Neal to a three-year endorsement deal. San Jose-based Athletic Nation said Neal’s endorsement of the company includes appearances in television and print advertisements. A 15-year NFL veteran and four-time Pro Bowl selection, Neal is one of he league’s …

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Companies Offer Innovative Incentives to Lure Franchisees as Competition Grows

Franchisors are becoming increasingly creative in marketing themselves. Richard Gibson writes in the Wall Street Journal that some franchisors are giving hefty discounts to franchise employees who want to become owners. One is introducing a “lite” version of its concept designed for those seeking a part-time franchise to augment their income. Another is offering a …

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Ice cream store sells franchises

Jim Kinney writes in the Springfield Republican that Herrell’s Ice Cream a NEFA Member is looking to take its 150 flavors of made-where-you-buy-it ice cream including “Chocolate Pudding” and “Malted Vanilla” on the road to franchised locations from Maine to New Jersey. The most recent franchise opened last month in Huntington, N.Y., on Long Island …

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Three Companies Partner to Bring International Franchises to U.S.

After years of being asked by franchisors outside of the United States for assistance in bringing their concept to the United States, Edwards Global Services, TEAM Rennick and PowerHouse Franchising a NEFA Member, today announced the formation of the Global Franchise Team, a one-stop solution for international franchise companies who are considering entering the U.S. …

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