New Brunswick Feature Articles
Looking for a franchise opportunity in New Brunswick? Whether you're a first-time business owner or a seasoned entrepreneur, New Brunswick offers exciting potential for franchise success. From food and beverage to retail and services, the diverse economic landscape in New Brunswick is ripe for franchise opportunities. Explore the best franchise options today and take the next step toward business ownership in New Brunswick.
Informative articles to support business buyers, franchisees, and franchisors in New Brunswick.
A healthy economy and a continued demand for both long- and short-term employees is driving personnel agencies and temporary employment services-and they love the work. Staffing services is one of the fastest-growing industries in the country. In 2004, the staffing industry generated more than $63 billion in revenues, with temporary staffing accounting for approximately 90 percent and permanent placement contributing the remainder.
- 2,248 Reads 4 Shares
You have spent a lifetime setting and achieving goals, working plans, and building your business. You are well versed in the intricacies of managing scores of employees and multiple franchise units. You know real estate financing, cash flow statements, balance sheets, and the complexities of business accounting. You have dealt with personnel law, planning commissions, unemployment insurance filings, and periodic loan reviews. In short, you have been incredibly successful and you are fiscally astute.
- Carol Clark
- 2,977 Reads
After more than 20 highly successful years in the painting business, Charlie Chase still finds himself--several times a day--trying to convince people that painters aren't just guys who can't hold down a job.
- Debbie Selinsky
- 7,634 Reads 352 Shares
Harry Loyle bought his first MotoPhoto store in 1985. Today he owns the company--well, three quarters of it anyway. But as president and CEO, he is, at last, in control. How he got there is a story of passion, persistence, disappointment, frustration, the achievement of a long-held dream, and a complex acquisition deal completed in February 2003.
- Eddy Goldberg
- 3,774 Reads 7 Shares
When doing business in Mexico, it is essential to establish relationships with associates who are well connected. This requires checking their backgrounds and reputations to determine the depth and breadth of their personal and professional networks. Joining local social clubs and business organizations, participating in the American Chamber of Commerce in Mexico, and visiting the nearest US consulate and the Commercial Attaché at the US Embassy are useful ways to obtain such information. Cultivating personal relationships with your Mexican banker and local executives of your joint venture partnership also provides access to this kind of business intelligence.
- Alberto de la Pena
- 5,655 Reads 2 Shares
There's nothing mysterious about what investors and franchisors want from one another: a reliable partner who can help them achieve their goals. For the franchisor, it's all about brand and unit growth; for the investor, it's return on investment.
- Eddy Goldberg
- 3,818 Reads 5 Shares
John Gantes has been in the restaurant business his entire life. "From the time I was a little kid, I worked around restaurants. I'm from Greek heritage and my dad had a restaurant when I was growing up, so I knew the business. Unlike my dad, who was very content to have one restaurant, that wasn't what I really wanted to do."
- Eddy Goldberg
- 8,924 Reads 339 Shares
The cruise industry has been growing at an average rate of more than 8 percent since 1980. An estimated 84 million passengers have set sail on a cruise of two days or more in the past 25 years. Of that 84 million, 64 percent took to open waters in the past 10 years, and 33 percent during the last five, according to research by the Carlson Travel Network.
- 2,008 Reads
State regulators across the country are out to blur the distinction between franchisors and employers. If they succeed, they could crimp the growth of one of the franchise industry's hottest segments: franchise providers of janitorial, security...
- Franchise Update
- 7,535 Reads 1 Shares
State regulators across the country are out to blur the distinction between franchisors and employers. If they succeed, they could crimp the growth of one of the franchise industry's hottest segments: franchise providers of janitorial, security guard, industrial gardening, delivery, and other services to commercial clients.
- Barry Kurtz and Richard Rosenberg
- 3,219 Reads
After 25 years in franchising, Russ Cooper, age 55, retired--but it didn't stick. "I flunked retirement, basically," he says, laughing.
- Eddy Goldberg
- 9,836 Reads
Listening to franchisees with multiple brands discuss business sounds a little like stock brokers strategizing with clients about their portfolios.
- Debbie Selinsky
- 7,556 Reads 1 Shares
The do-it-yourself (DIY) handyman trend boosted the fortunes of home supply stores for decades. But as baby boomers aged and time became more precious than money for this generation, "do-it-for-me" (DIFM) handyman services have blossomed - and franchise companies have been quick to take advantage.
- Eddy Goldberg
- 8,101 Reads 1 Shares
Barbara Moran had given up on the idea of ever heading up her father Dennis's company, Moran Industries. She'd wanted to be president, but was told that it wasn't in the cards because a woman in a male-dominated industry just wouldn't work for customers and franchisees.
- Eddy Goldberg
- 3,978 Reads 1 Shares
Jacques Lapointe founded Jan-Pro in 1991, and over the next 15 years grew the commercial cleaning company to more than 75 master franchisees and 4,500 unit franchisees. He had a solid business model, continuous and solid growth, and was looking for a way to take the company to the next level. But the day-to-day details, which were no longer challenging but still required his attention, kept him from focusing on strategic growth.
- Eddy Goldberg
- 10,933 Reads 4 Shares
Outsiders think that franchising is a quick and easy way to get big bucks--there's even a new book out that promises "instant success" in franchising. You know that's not true. It doesn't matter where you get in, there's a ton of work, and some fair amount of suffering as a franchisor or franchisee gets up to speed.
- Ripley Hotch
- 2,929 Reads 2 Shares
While politicians wrangled over the Mexican-U.S. border situation in 2006, one thing remained certain: people on both sides of the border love Mexican food. Americans have come a long way from Taco Bell, embracing Mexican food more and more each year, in all its flavors and variations.
- 10,705 Reads
Let's face it. From a franchisee's perspective, the single most important piece of information to gather during the sales process is the likely return on investment. Any franchise salesperson will tell you that the most frequently asked questions by prospective franchisees during the sales process are: "How much can I make?" and "What do similar units earn?"
- Lane Fisher and Rocco Fiorentino
- 3,799 Reads 6 Shares
The biggest challenge in every business, and I really think this is more of a challenge even than finding good people, is once you get them, how to you keep them?
- Thom Winninger
- 2,886 Reads 1 Shares
When a franchise deal becomes large enough to attract the interest of venture capital and private equity firms, it almost always involves buying franchisors, not investing in franchisees. But that picture is changing as 1) multi-unit franchisees and area developers continue to grow larger, and 2) the money available for investing at the private equity level continues to pile up.
- Eddy Goldberg
- 2,993 Reads 10 Shares
Chew on the numbers presented in this article and consider the implications for you and your organization from the perspective of your customers and employees--the people you hire and the people you sell to. You will see great numbers to keep in mind when positioning your company, looking for your next location, and developing your next marketing push.
- Mauricio Velasquez
- 4,345 Reads 3 Shares
With well over 100 company-owned units in operation mostly on the west coast, El Pollo Loco decided that its franchise program needed to change if the company was going to handle the growth it was anticipating from 190+ franchised units. The product, flame-grilled chicken with a Mexican flair, was right for a market more interested in healthier eating.
- Ripley Hotch
- 3,506 Reads 3 Shares
For many years--like the ancient bones of "Lucy" discovered by Donald Johanson in 1974 and long thought to be mankind's first ancestor--Albert Singer, who founded the Singer Sewing Machine Company in 1851, has been credited with being the first franchisor in the United States. The designation was likely given because his was the most recognized name of the early pioneers that people still remembered.
- Michael Seid
- 28,121 Reads 26 Shares
Big money, in the form of private equity, is finding a home in franchising, and bringing big promise to area developers and multi-unit operators-and to franchisors and franchise executives as well.
- 5,122 Reads 1 Shares
What's the outlook for franchise finance in 2006? [i]Area Developer[/i] asked several industry veterans for their take on who's financing area developers and multi-unit operators today.
- Eddy Goldberg
- 3,841 Reads 7 Shares
Chew on these numbers and take into consideration the implications for you and your organization from the perspective of your customers and your employees - who you hire and whom you sell to. You will see great numbers to keep in mind when positioning your company, your next office and your next marketing push. Many of these numbers come from my work in the construction, landscape, and business-to-consumer industries, which understood these numbers many years ago. Construction, landscaping, manufacturing, and related industries are in the trenches and don't understand why so many other industries are not getting it.
- Mauricio Velasquez
- 2,803 Reads
No, neither the price of gasoline nor its impact on your multi-unit, multi-brand franchise business will be reduced under of the recently passed energy and transportation bills. However, both the Energy Tax Incentives Act of 2005, and the Safe, Accountable, Flexible Efficient Transportation Equity Act of 2005, could have a noticeable impact on the tax bills of every franchised business - as well as those of their owners and operators.
- Mark E. Battersby
- 3,128 Reads 1,021 Shares
No, neither the price of gasoline nor its impact on your multi-unit, multi-brand franchise business will be reduced under of the recently passed energy and transportation bills. However, both the Energy Tax Incentives Act of 2005, and the Safe,...
- Franchise Update
- 5,105 Reads
Who likes income taxes? Tax preparation services, that's who! Entrepreneurs who have successfully used the franchising business model to spread their brand across the globe are enjoying unprecedented success and expansion in 2006.
- 3,260 Reads 86 Shares
For a multi-unit franchisee, the relationship with a customer doesn't end with the sale. Each purchase of an item or use of your service is a single transaction between an individual customer and an individual employee. Whether it is a quick meal at a sub shop or a thorough home cleaning, this transaction should be the beginning of a long-term relationship with your customer. After the transaction, the relationship must be grounded in not only the quality of the product or service, but also in the strength of your response to customer needs. How do you gauge and evaluate your quality of product, service and response beyond the price tag?
- Thomas J. Winninger
- 3,404 Reads 16 Shares
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