From franchise employee to owner

Derek Sankey | Aug 27, 2012 — Donna Balkos didn’t set out to own a franchise, but after working for a learning and education company for five years, she and another employee bought out the retiring owner about nine years ago. She joined the Grade Learning Centre as an instructor to students of all ages that the company […]

Penske joins Hertz’s franchising network

FRIDAY, SEPTEMBER 7, 2012 BY LINDA MOSS STAFF WRITER, THE RECORD Penske Automotive will run Hertz outlets in the Memphis market. PARK RIDGE — Hertz has reached an agreement with Penske Automotive Group to join Hertz’s franchising network in Memphis, Tenn., the companies said on Thursday. The new deal with the auto retailer is part of Hertz’s […]

Cheeseburger Pizzas, Designer French Fries and a Post-war Cinnabon: Fast Food’s Booming Middle East Market

Published September 04, 2012 in Arabic Knowledge@Wharton — When Pizza Hut decided to offer a deep pan pizza unbelievably ringed by mini cheeseburgers this past April, it didn’t sell it anywhere in the U.S. Instead, the “Crown Crust Pizza” made its debut in Dubai. Americans took notice, and the caloric monstrosity became the butt of jokes […]

Viriginia Beach brothers use ‘Ynot’ way to grow franchises

By Carolyn Shapiro, The Virginian-Pilot —September 2, 2012 Family rules the holidays at Tony DiSilvestro’s home in Virginia Beach. Besides his wife and three daughters, he celebrates Christmas with his brother, Harry DiSilvestro, and Harry’s wife and two daughters. Then there’s the Ynot family. The DiSilvestro brothers’ younger partners in Ynot Pizza bring their wives and children. […]

College Hunks moves into Phoenix area

August 28, 2012 — By Allison Hurtado, Ahwatukee Foothills News A moving company that focuses on teamwork and customer service sounded like a perfect business opportunity for recent college graduate Mike Neumayr and his father, Ed. Ed owns a Great Clips franchise in Ahwatukee Foothills and while at an International Franchising Association meeting in Florida he ran into […]

Insurance executive recognized for community contributions

By STEVE CLARK/The Brownsville Herald –  August 30, 2012 Carlos Varela of Pronto Insurance has been named Businessman of the Year by the Texas Association of Mexican American Chambers of Commerce. Varela, 39, one of five brothers who own Brownsville-based Pronto, was recognized for his contributions to the Hispanic commu-nity during the TAMACC Chairman’s Gala and […]

Fast-casual restaurants gobbling up Tampa Bay market

By Susan Thurston, Times Staff Writer – August 28, 2012 They don’t serve food in a sack from a drive-through window. They also don’t have waiters taking orders and delivering dishes tableside. “Fast-casual” restaurants fill a niche between fast-food and casual dining. Customers order at a counter, and an employee brings their meals to a table. […]

Five Due Diligence Questions That Are Worth Asking Before You Buy That Franchise

by FranchiseKing, Guest Blogger Before you write out a check for $30,000 (the average amount of the upfront franchise fee), it’s important to ask lots of questions. Some are questions that you can only ask yourself; they’re the ones that have to do with courage. I really can’t help you with those. But, I can help you […]

Buying a Franchise – How to Determine What it’s Going to Cost You

by Caron_Beesley, Community Moderator Thinking of buying a franchise? Do you understand the franchise business model and have you determined it’s a good fit for you? Perhaps you’ve also explored potential franchises and think you’ve found a match. But how are you going to finance your venture? What can you afford? How much financing should […]

New RE/MAX franchise settles into Portsmouth

By Paul Briand August 28, 2012 2:00 AM PORTSMOUTH — A new RE/MAX real estate enterprise has settled into the city and is already preparing to move into larger quarters. RE/MAX By the Bay, a father-and-son franchise owned by David and Michael Banks, has expanded its reach from Portland, Maine, and the Pine Tree State’s […]