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November 2015

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Covers everything from good news to bad judgment
DLA Piper's (and FT's) Zeidman Gains Free Enterprise Award

DLA Piper's (and FT's) Zeidman Gains Free Enterprise Award

Philip Zeidman, senior partner at DLA Piper and general counsel for the International Franchise Association, is the first recipient of the IFA Dennis Wieczorek Free Enterprise Award. He will accept the award during the IFA’s annual convention, Feb. 20-23 in San Antonio.

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Don't Miss the Delivery Boat!

Don't Miss the Delivery Boat!

We’re only months—a few years at most—away from drone delivery of everything from toilet paper to cheeseburgers, but many franchise brands are seemingly missing out on the wave of restaurant delivery companies like BiteSquad, DoorDash, GrubHub and Seamless.

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How Enlightened Brands Are Transforming Their Teams

How Enlightened Brands Are Transforming Their Teams

Every employer wants his employees present, i.e. at their desk or workstation, and he, or she, also wants them engaged (in their work, not to another employee). But it’s not enough in the hospitality industry to just show up to work, Fred LeFranc, CEO of Results Thru Strategy, said during his panel at the Restaurant Finance & Development Conference in Las Vegas earlier in November.

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A Few Notes from Anaheim

A Few Notes from Anaheim

As I begin to recognize more faces on the franchise expo circuit, I'm still amazed by the kindness of people in the franchise industry.

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Three Operators Display Power of the 'Zee at RFDC Panel

Three Operators Display Power of the 'Zee at RFDC Panel

Anyone who doubts large, multi-unit operators can wield more power than their franchisors wasn’t at the “success breakfast” featuring three entrepreneurs on the last day of the Restaurant Finance & Development Conference. Franchisors who want to attract such owners—and who doesn’t?—should note the mindset of such entrepreneurs.

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Smaller Operators have Outsized Hopes for Growth

Smaller Operators have Outsized Hopes for Growth

Small to mid-sized restaurant operators are a bullish bunch, with 69 percent of respondents to a new survey by RSM expecting top-line growth next year and a mere 4 percent worrying about a decline, according to a Restaurant Finance & Development Conference presentation.

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Around the Restaurant Industry in 60 Minutes

Around the Restaurant Industry in 60 Minutes

It was almost like speed dating, as nine experts at the Restaurant Finance & Development Conference provided quick market snapshots and nuggets of information from their unique corner of the restaurant industry.

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T-shirts from Franchise Brands Ship Out to Iraq

T-shirts from Franchise Brands Ship Out to Iraq

Not every thank you has to be a grand gesture. Sometimes showing appreciation to our military can be as simple as providing them what they ask for.

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Famous Chef Weighs in on the Taxing Issue of Tipping

Famous Chef Weighs in on the Taxing Issue of Tipping

During the Restaurant Finance & Development Conference, Eric Ripert, chef and co-owner of Le Bernardin, considered one of the best restaurants in the world, had a different take on the hot issue of eliminating tipping.

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Decoding Success of Triple Bottom-Line Brands

Decoding Success of Triple Bottom-Line Brands

A new crop of companies have emerged in recent years, in the mold of Whole Foods Market, with a purpose that goes beyond profits. Encompassing people and the planet alongside profits, so-called triple bottom-line brands are an interesting phenomenon, and were the subject of a seminar at this year’s Restaurant Finance & Development Conference.

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MOD Pizza Tale Shows Power of Culture, at RFDC Panel

MOD Pizza Tale Shows Power of Culture, at RFDC Panel

We’ve all heard tales about creating the right culture at our companies. But the story of Cory tops them all, as told by MOD Pizza’s founder at the Restaurant Finance & Development Conference today.

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Economists Debate Policy at Restaurant Finance Confab

Economists Debate Policy at Restaurant Finance Confab

Who knew economists could be so entertaining? In a debate to open the Restaurant Finance & Development Conference Monday, Arthur Laffer and Robert Reich mixed it up in a lively session, from a conservative and liberal point of view, respectively.

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Hot October Jobs Data Includes Franchising

Hot October Jobs Data Includes Franchising

Everybody’s talking about today’s blockbuster U.S. jobs report, with the BLS reporting an additional 271,000 jobs in October. That puts the unemployment rate at 5 percent. That’s not the whole story, as ADP reports U.S. franchise employment increased 52,500 during the month—nearly 20 percent of the total increase.

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Credit Compliance Issue No Death Knell for Famous Dave’s

Credit Compliance Issue No Death Knell for Famous Dave’s

The headlines about Famous Dave’s aren’t pretty. Turmoil, chaos, dive, darkest hour—this isn’t what you want to see from a quarterly earnings report. But Famous Dave’s might not be in that bad of shape despite the news the barbecue company is out of compliance with creditor Wells Fargo.

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The People Problem in Franchising

The People Problem in Franchising

My day started with two divergent visuals on the challenge of hiring employees. First, a friend contacted me on behalf of his new-to-franchising father who’s having trouble finding employees. Then, I saw the horrible video of the (former) Taco Bell employee drunkenly assaulting his Uber driver. I don’t envy anyone whose livelihood depends on finding and keeping high-quality people.

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Covers everything from good news to bad judgment

About This Blog

The latest news, opinions and commentary on what's happening in the franchise arena that could affect your business.

Tom KaiserTom Kaiser is senior editor of Franchise Times. He can be reached at 612.767.3209, or send story ideas to tkaiser@franchisetimes.com.
 
Beth EwenBeth Ewen is editor-in-chief of Franchise Times. She can be reached at 612.767.3212, or send story ideas to bewen@franchisetimes.com.
 
Nicholas UptonNicholas Upton is restaurants editor at Franchise Times. He can be reached at 612.767.3226, or send story ideas to nupton@franchisetimes.com.
 
Laura MichaelsLaura Michaels is managing editor of Franchise Times. She can be reached at 612.767.3210, or send story ideas to lmichaels@franchisetimes.com.
 
Mary Jo LarsonMary Jo Larson is the publisher of Franchise Times Magazine and the Restaurant Finance Monitor.  You can find her on Twitter at
 twitter.com/mlarson1011.
 

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