StartupJournal | Small Talk
But not all turnover is necessarily due to failure, they say.
Sometimes franchises buy back stores and terminate franchise agreements for
strategic reasons or the franchisee wants out for reasons besides failure.
Mario Herman, an Adamstown, Md., lawyer who represents
franchisees, says franchisers might be tempted to underreport turnover rates.
“They don’t want to put a number that looks too bad,” since turnover is often a
deciding factor to would-be franchisees. He says he’s seen many franchisees fail
because the franchise fees and royalties are too high for the franchises to
sustain profitability or the franchiser isn’t providing enough assistance.
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Baking a Pizza in 5.5 minutesFrom: franchisepundit.com
Post Date: 2006-06-17 20:03:56
Middleby’s new $55,000 WOW! oven is quite an innovation, reducing pizza baking times from 7.5 minutes to 5.5 minutes.
The WOW oven cuts a pizza’s “belt speed,” or cooking time, to five-and-a-half minutes from seven-and-a-half minutes. That means places like Jimmy John’s can serve more customers even as it advertises — and charges for — “gourmet” sandwiches, and Domino’s can deliver faster or to a wider area. The oven creates a m...
more Pizza StylesFrom: franchisepundit.com
Post Date: 2006-06-17 19:50:01
I found this article giving an overview of the different styles of pizza across the USA quite interesting. While I love Chicago style, I’m quickly becoming a fan of California style pizza. With all the popularity of speciality pizza, choosing a non-traditional style pizza franchise concept will help differentiate your menu offfering in the minds of customers, and will help you command a premium price.
...
more Franchisor Reality ShowFrom: franchisepundit.com
Post Date: 2006-06-17 19:34:35
You know it was coming sooner or later:
Squeegee Squad wants to work with a reality-based TV production company in order to document their growth as a franchise company and expansion into high-rise window cleaning.
Franchise development will include interviewing candidates, training franchisee’s, servicing franchisee’s, promoting the franchise organization overall in order to become the first brand name window cleaning company in America.
Even if the show never materializes, it&...
more Unique Strategy to FranchisingFrom: franchisepundit.com
Post Date: 2006-06-06 22:17:55
I enjoyed reading about Unique Pizza & Subs’ franchising strategy of converting a local mom-and-pop pizza shop in each town within 100 miles of a company-owned store. In theory, I imagine this can work quite well for the franchisor with the right sales team.
...
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