Franchise Industry News

Franchise Industry News

Why Do Athletes Make Great Franchisees?

Discipline, structure, focus, talent, and work ethic. These are often words that are synonymous with successful athletes. Perseverance, longevity, leadership, camaraderie, and culture are even more synonymous with athletes who have stood the test of time and have become some of the greatest in their sport. 

What I love about these terms is, they also are correlated to great business leaders and businesses that have stood the test of time and maintained greatness.

Having had the great fortune to hear great athletes such as Drew BreesShaquille O’Neal, and Magic Johnson’s speak about their successes in franchising, I turned to notes of commonality amongst them to write this article on the top 10 reasons why athletes make great franchisees.

04-25-2023 / by Jimmy St. Louis
Franchise Industry News

Yash may be replaced after KGF 5, says producer Vijay Kiragandur: 'Like the James Bond series, he...

Actor Yash, who rose to national fame with the second part of his hit Kannada film, KGF, will be replaced in later instalments of the film franchise, producer Vijay Kiragandur has said in a new interview. Vijay added that the third instalment of the film will go on floors only in 2025. (Also read: Yash asks people to not disrespect Bollywood after success of south films)Yash essayed the role of Rocky Bhai in KGF Chapter 1 and KGF Chapter 2. After KGF Chapter 1 proved to be a surprise hits in non-Kannada regions, the second film - KGF Chapter 2 - had a wider release and became one of the highest grossing films in India, including the Hindi region....

01-09-2023 / by HT Entertainment Desk
Franchise Industry News

Why 2023 could be another 'milestone year' for sports franchise sales

While major stock market indices just posted their worst years since 2008, major sports leagues like the NBA and the NFL reported record years of revenue and their highest-valued franchise sales ever in 2022.According to one industry expert, those sales likely aren't slowing down any time soon.'I do think if some of those teams [for sale] trade, we will see another milestone year,' Bill Mulvihill, head of U.S. Bank Sports and Entertainment Group, told Yahoo Finance. 'I don't have any reason to believe we're going to see a pullback in valuations....

01-08-2023 / by Josh Schafer
Franchise Industry News

Is There An Opportunity With Franchise Group, Inc.'s (NASDAQ:FRG) 41% Undervaluation?

How far off is Franchise Group, Inc. (NASDAQ:FRG) from its intrinsic value? Using the most recent financial data, we'll take a look at whether the stock is fairly priced by taking the forecast future cash flows of the company and discounting them back to today's value. One way to achieve this is by employing the Discounted Cash Flow (DCF) model. Before you think you won't be able to understand it, just read on! It's actually much less complex than you'd imagine.We generally believe that a company's value is the present value of all of the cash it will generate in the future....

01-08-2023 / by Simply Wall St
Franchise Industry News

Ziggi's Coffee Picks Up Momentum As It Signs Milestone 200th Franchise Agreement

The Colorado-based company will soon be coming to Ohio.Ziggi's 200th Franchise SigningMead, Colo., Jan. 06, 2023 (GLOBE NEWSWIRE) -- On the heels of opening two new locations in Colorado and one in Illinois, Colorado-based Ziggi's Coffee has signed its 200th franchise agreement, marking a monumental milestone for the company as it continues on a path of rapid growth. The agreement is with Sandra Perdue who plans to open the company's first location in Ohio.A nurse for the past 24 years, Perdue has finally found the business she always wanted....

01-06-2023 / by Ziggi's Coffee