Kuwaitis love chicken and sauces, says Alghanim Industries' Phil Broad, making a partnership with U.S. fast-casual concept Slim Chickens the right move for the Kuwait-based company as it grows its franchise portfolio.
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When Bonnie Alcid did an audit on how long employees stayed, it was an eye-opener. Now the British Swim School operator emphasizes finding and keeping staff above all else.
Nimesh Patel estimated he called 90 percent of existing Boston's Restaurant and Sports Bar franchisees before he signed on to open a location in Jacksonville, Florida. For the most part, he said, those operators were happy to give him the scoop on what it was really like to run a Boston's and the insight proved valuable as part of his due diligence in choosing a franchise.
Ask any franchise development executive and they'll tell you it's pretty tricky to focus on a specific market. Franchisees either want to be close to home base, they want exclusive territory or they just don't think a concept can compete in a certain market.
No one can say I don't take my work seriously, so as the somewhat newly appointed member to Franchise Times' Food on Demand media project (people my age call it a newsletter-for-which-you-don't-need-stamps, but I work with young enthusiastic journalists), I started wondering what else was in demand at these restaurants besides food.
Tenants tend to have a laser focus on the base or net rent when it comes to negotiating a new store lease. But in reality there are many other charges and fees that can significantly add to the total occupancy cost. Here are six to consider:
The total investment for a single Primrose school ranges from $707,180 for franchisees that lease a facility from a third party to $3.5- to $5.7 million for the majority of franchisees, who purchase land and build their own preschool campuses under development programs offered by the franchisor. Mary Jo Kirchner has been CEO since 1999, but several top executives, including those in charge of school development, early childhood education and professional development, franchising, and franchise administration, joined the company since the beginning of 2013. President Steven Clemente arrived in May 2016.
Based on the Arab Revolt flag of WWI, the flag has three horizontal bands of color. Green represents fertile fields, white stands for purity, and red denotes blood on Kuwaiti swords. The black signifies the defeat of the enemy.
What sales strategies do franchisors use to attract franchisees? We find out in this edition of Living Large, with tactics ranging from beefing up management, using social media and enticing experienced operators into a new industry.
“You have to love people. You have to care about them,” declared Dave Mortensen, co-founder of Anytime Fitness at a recent talk about the reasons behind the franchise's stunning growth, now up to 3,500 units worldwide.