In Cincinnati, ‘Shark Tank’ Funding for New Franchises

The Franchise Funding Group, led by industry leaders who have built franchisors such as Sylvan Learning Centers, Sport Clips and Pizza Hut, is ready provide funding for new franchise concepts that meet its criteria. Just like the television show “Shark Tank,” the Funding Group will own part of the new franchise system and share in any

Small-Business Optimism Down in Sept. Amid Slow Job Growth

The National Federation of Independent Businesses saw its optimism index drop 0.8 points in September, with lower job openings and planned capital spending holding back growth. “Small businesses just can’t seem to get out of second gear,” said NFIB chief economist Bill Dunkelberg. “A decline in job openings and capital spending plans were primarily responsible

Calif. Vetos Franchise-Dispute Bill, Upholds the Franchise Model

California Governor Jerry Brown has vetoed a bill intended to give franchisees a stronger position in dealings with corporate franchise systems, ending a legislative battle that fostered surprising alliances between the franchising industry and unions. The bill sought to prevent franchisors from using minor infractions to force franchisees out of their businesses, as 7-Eleven store

Consumer Confidence Up In Sept., So Is Market Confidence In Franchising

Franchise news chalked up two positive points this week, one from a consumer sentiment survey, and the other from stock-market performance of franchise companies: The final September reading on the University of Michigan/Thomson Reuters consumer sentiment index rose to 84.6, up from August final reading of 82.5, and the highest level since July 2013 – MarketWatch The

Franchisees Go To Washington To Tackle NLRB’s ‘Joint Employer’ Issue

The National Labor Relations Board’s decision to consider McDonald’s a joint employer of its franchisees’ workers was top of mind this month as several hundred gathered for the annual International Franchise Association’s Public Affairs conference in Washington, D.C. “This joint employee-employer thing, if that goes through, that’s a hand grenade in the middle of the [franchising] business

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