Joel Libava
Franchise News For July
(School of Rock, Seattle)
School of Rock CEO Dzana Homan, who was receiving a large number of complaints about her leadership, was just replaced by Rob Price. He was the chief operating officer of Wawa, a Delaware County-based convenience store chain. In his new position, Price is going to focus on growing the franchise brand and more.
Speaking of new positions, Bruce Lane has joined the executive team at Quaker Steak & Lube®. He’s going to be the vice president of franchise services. Lane will be responsible for leading the brand’s aggressive franchise development efforts and franchise operations. In addition, he’ll be spearheading strategic efforts to expand the popular restaurant chain’s footprint nationwide. Read more
Good news for franchising: The U.S. Department of Labor (DOL) said that it was finally rescinding the agency’s interpretation of joint employer, treating it as unlimited joint employer liability.
“We are pleased the DOL is taking first steps to undo this costly regulation created by the previous administration,” said IFA’s Vice President of Public Affairs Matt Haller, in a press statement. You can read more about this NLRB decision here.
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NFC17 is Australia’s biggest franchising event. The show is thought provoking, inspiring, big and ultimately invaluable. It features exhibitors, panels, round-tables, masterclass, plenaries and culminates with a celebration for excellence in franchising at the gala awards dinner. Here are the details about this upcoming huge event down under.
Small Business News For July
Here are the latest news updates from the world of small business.
From CNBC: Small business hires dropped in June, but there’s good news as employees saw wages rise. The Small Business Jobs Index decreased 0.24 percent to 100.10 in June, its lowest level since late 2011. National hourly earnings for the month were $25.82, increasing 2.88 percent, or 72 cents, year over year.
Business checking account news: All small businesses need to have checking accounts. You should read this FitSmallBusiness article that compares 3 popular banks where small business owners have their checking accounts-including which one is the best.
With cyber attacks constantly in the news these days, it’s important that for small business owners to stay vigilant. That’s why this article on how to prevent cyber attacks in small businesses is an important one to read.
Read this article from the Omaha World-Herald to find out how today’s small business owners stay in touch with their businesses-while they’re on vacation.
Have you noticed that online courses are getting more and more popular. If you’re a future or current small business owner, you should learn more about them. Mashable just listed 5 free online business courses that are worth a look. You can find them here.
I hope you have a great July!
About the Author
Joel Libava is The Franchise King® — an independent franchise advisor with 25+ years in the industry, two published books on franchising, and his writing has been featured in The New York Times, Forbes, CNBC, Entrepreneur® Magazine and others. In addition, he wrote exclusively for the U.S. Small Business Administration blog for eight years. He doesn't sell franchises. Instead, Joel helps you figure out if franchise ownership is actually right for you — and if it is, teaches you his powerful, proven-to-work franchise research techniques, so you can make a smart, informed decision on a franchise to own and be your own boss.
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