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May 2015

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Covers everything from good news to bad judgment
Pet Wants Gains Backer to Roll Out Franchise Plan

Pet Wants Gains Backer to Roll Out Franchise Plan

Pet Wants has landed a new investor and partner, the Franchise Funding Group, to help the Cincinnati-based pet food company develop a national franchise system.

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Frisch's Last Two Family Execs Gain Exit Via NRD

Frisch's Last Two Family Execs Gain Exit Via NRD

Frisch’s Restaurants is the first acquisition for NRD Partners, the Atlanta-based private equity fund launched last August by CEO Aziz Hashim. It’s the first private equity owner in Frisch’s history. NRD is buying all outstanding shares for $34 per share, a 21 percent premium compared to the closing price May 21, or about $175 million total.

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Q&A with Jack and Claudine Halpern of My Elder Advocate

Q&A with Jack and Claudine Halpern of My Elder Advocate

At age 65, former nursing home executive Jack Halpern has seen the horrors of America’s elder care structure up close and personal. After becoming motivated to leave the system and dedicate his career to changing the status quo, he and his wife, Claudine, are working to launch 100 locations of My Elder Advocate.

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EGS Receives Presidential Award for Continued Export Successes

EGS Receives Presidential Award for Continued Export Successes

U.S. Secretary of Commerce Penny Pritzker presented Edwards Global Services with the President’s “E” Star Award for Export Service at a ceremony in Washington, D.C. earlier this month.

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To Kick Off Swimsuit Season, a Waxing the City Study

To Kick Off Swimsuit Season, a Waxing the City Study

From the “things we wish we didn’t know” file comes a new study from Waxing the City: While most young waxers start off smoothing their lower regions and chests, later in life “they are compelled to head north to groom more visible features.”

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Home Franchise Concepts Reaches Milestone in Veteran Discounts

Home Franchise Concepts Reaches Milestone in Veteran Discounts

Home Franchise Concepts, parent company of Budget Blinds among others, achieved its goal of giving $1 million in discounts to U.S. military veterans through its Million Dollar Franchise program.

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Despite Media Ban, FT Writer (and Shareholder) Attends McDonald's Meeting

Despite Media Ban, FT Writer (and Shareholder) Attends McDonald's Meeting

McDonald's held its annual meeting today, but all the fun was getting there. State and local police cars with flashing lights lined streets leading into McDonald's Oak Brook, Illinois, campus. Despite the media ban, I managed to get inside, thanks to a handful of McDonald's shares I'd purchased in the 1980s.

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Call for Nominations of Franchises Who Give Back

Call for Nominations of Franchises Who Give Back

Roark Capital Group and the International Franchise Association’s Educational Foundation are seeking nominations of franchisors, franchisees and suppliers who are making a difference in their communities. Winners in five categories—“We reserve the right to have more to recognize (than just first place),” Roark Managing Director Steve Romaniello says—will be feted at IFA’s annual meeting in September.

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Q&A with Christopher Fountain, CEO of FranConnect

Q&A with Christopher Fountain, CEO of FranConnect

Talking about the future of franchising and CRM with Christopher Fountain, the new CEO of FranConnect.

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Twin Peaks revokes Waco zee’s franchise after shootout

Twin Peaks revokes Waco zee’s franchise after shootout

If Waco was a person rather than a city, nobody would be able to say they “didn’t see it coming” after the news of a motorcycle gang shootout at the Twin Peaks sports bar over the weekend.

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Data Breaches Likely Coming to a Franchise Near You, Attorneys Warn

Data Breaches Likely Coming to a Franchise Near You, Attorneys Warn

“If data privacy and security is not keeping you up at night—it should,” said Leonard MacPhee, a partner at Perkins Coie and moderator of a panel on the topic at the International Franchise Association Legal Symposium in Chicago last week.

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FT Columnist Zeidman Scores Burton Award for Legal Writing

FT Columnist Zeidman Scores Burton Award for Legal Writing

Long-time Franchise Times columnist Philip Zeidman, a partner at DLA Piper in Washington, D.C., will receive a 2015 award for legal writing from the Burton Awards for Legal Achievement.

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Q&A with Rui Barros, of Wyndham Hotel Group

Q&A with Rui Barros, of Wyndham Hotel Group

After 16 years with the company, Rui Barros is the new president and managing director of North America franchise operations for Parsippany-Troy Hills, New Jersey-based Wyndham Hotel Group, the world’s largest based on the number of hotels.

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"Greater" Day at Bojangles as BOJA goes public

"Greater" Day at Bojangles as BOJA goes public

On the day of its IPO, Bojangles CEO Clifton Rutledge says the fast-casual segment remains hot due to elevated consumer tastes.

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At Termination Time, Attorneys Offer Tips in Dramatic Fashion

At Termination Time, Attorneys Offer Tips in Dramatic Fashion

Attorneys channeled their inner Jack McCoy or Alicia Florrick, lead characters on the hit TV shows “Law & Order” and “The Good Wife,” respectively, in a presentation about terminations at the International Franchise Association’s Legal Symposium, in Chicago May 3-5.

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'Fairness' is at Root of Collaboration at FASTSIGNS

'Fairness' is at Root of Collaboration at FASTSIGNS

“To me it’s all about fairness,” said Catherine Monson, CEO of FASTSIGNS, when it comes to the franchise agreement she asks franchisees to sign. She and two others spoke on a panel about franchisor/franchisee collaboration at the International Franchise Association’s Legal Symposium in Chicago, May 3-5.

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Researching a Pending Poutine Invasion

Researching a Pending Poutine Invasion

Have you tried poutine yet? If not, you might get your chance soon, as the Quebecois-derived heart attack in a dish (fries, gravy and cheese curds) is on its way into the United States in a big way. Smoke’s Poutinerie, the “world’s largest and original poutinerie” is a Canadian franchise that has bold plans to open 800 locations in the United States and 1,300 locations worldwide within the next five years.

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Q&A with Ron Green, founder of Another Broken Egg Cafe

Q&A with Ron Green, founder of Another Broken Egg Cafe

As Mother’s Day approaches, Another Broken Egg Cafe’s 51 locations are preparing for its busiest weekend of the year. Founder and CEO, Ron Green, estimates that his units will go through 580,000 eggs, with customer counts projected to exceed 900 people at each location before 2 o’clock.

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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 senior editor 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 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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