FRANdata last week released its Franchise Business Economic Outlook 2020 and predicted that the franchise industry will continue with its economic boom throughout this year. The report, done in conjunction with the International Franchise Association (IFA), projects a 1.5% increase in the number of franchises, growing to over 785,000 by year-end. In addition, it projects…
Read More »We’ve seen a number of industry rankings released over the past week or so and want to call them to your attention. Entrepreneurs 39th Annual Franchise 500 rankings has Dunkin’ Donuts coming in 1st, 2nd & 3rd in three of the listing categories. Dunkin’ topped the list for Fastest Growing Franchises edging out 7-Eleven for…
Read More »It was reported just days ago that Starbucks settled for an undisclosed amount with the two individuals it had arrested in Philadelphia. In addition, the two reached agreement with the city of Brotherly Love for a nominal amount of $1 each and a promise from the city for $200,000 in funding for a new grant…
Read More »Thanks to a gift of $1.5 million from franchise businessman Ray Titus, Palm Beach Atlantic University will now offer a Franchising Program at the Titus Franchising Center on its Florida campus. Titus is the founder of Florida-based United Franchise Group, with over 1400 units across 80 countries. The program will include academic courses relating to…
Read More »Krispy Kreme announced last week that the company planned to maximize its growth with a greater focus on franchising because their franchise stores are outperforming their corporate shops. For the quarter ended January 31, corporate owned stores reported same store sales growth of 0.2 percent, while those operated by a franchisee showed 3.5 percent same…
Read More »Notwithstanding almost $3 trillion in tax increases, an increase in the federal deficit of $178 billion and extensive new programs to stop ‘climate change’, one bright spot in the $4.1 trillion budget the Obama administration submitted to Congress earlier this week is the increased funding he’s proposed for the Small Business Administration’s (SBA) successful flagship…
Read More »The House Consumer Affairs Committee took public testimony this week on H.1620, fair franchising legislation currently pending in the Pennsylvania House. DDIFO joined the Coalition of Franchisee Associations along with the SuperCuts Franchisee Association in formal testimony before the committee and urged them to pass the proposal, which was filed by the Committee’s Minority Chairman,…
Read More »Although the DDIFO room block has officially closed, you can still register and attend the 2015 DDIFO National Conference. The conference is just a little over 3 short weeks away and you will want to be sure to attend. The conference will open with the fall meeting of the DDIFO Board of Directors on Monday,…
Read More »For the few of you who may be procrastinating, DDIFO has extended its early-bird discount registration for the 2015 DDIFO National Conference until August 15. The conference, which will include a host of exceptional presentations as well as the annual Hall of Fame induction gala is being held on September 21 and 22 at Caesars…
Read More »The state of Arizona has injected itself into the Seattle wage issue against franchising in a good way, arguing in an amicus brief that the ordinance violates the Commerce Clause of the US Constitution (which gives the power to regulate commerce solely to the Congress), discriminates and “directly burdens 13 franchisors based in Arizona and…
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