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News Bytes:
What's Happening in the World of Franchising
EDITOR'S NOTE: News Bytes reports on topics of interest to everyone involved in franchising. Short items are invited for submission but cannot be acknowledged nor returned.
| MORE SPACE PLACE® Growing Nationally. |
Clearwater, FL. – (7/25/08) –In five quick years, the More Space Place® Franchise System has over doubled in total number of stores to it’s current 43 operating units – four new strategically placed franchised stores are also now under development.
Clark William, President of the company said, “For the past five years we have continually reinvested in ourselves, especially our products and manufacturing capacity; we have literally twice rethought and modified our store level operating model. We have moved eons from where we were,” He further commented, “The economy has had a tremendous impact on the Furniture Industry, we all know this, but we are positioned well and see this as the opportune time to grow.”
The More Space Place franchise now has four new stores under various stages of development and is anticipating adding another ten to that number before year end. “We intentionally slowed down our rate of expansion about three years ago, before the troubles with the economy really hit. There is a great opportunity out there for us, we are starting to approach some competing stores (and chains) to join us,” says Marty Juarez, VP of Franchising. Within the last year the franchisor has also added two former Competitors to their Management Team.
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| The Right Time to Partner with WSI |
The online advertising revolution is undeniably taking place right now; in fact, current data suggests that there has never been a better time to take advantage of all that the world wide web has to offer.
A recent and exciting eMarketer finding even reveals that worldwide Internet advertising spending accounts for over $16 billion USD. Leading the pack in terms of commerce are popular search engines Yahoo! and Google, each accounting for thousands of goods and services being purchased, traded, and sold around the clock.
This global marketplace has enabled even modest-sized businesses to compete against their international "cousins"; however, putting up a website isn't enough to help them snag a piece of this billion-dollar Internet advertising "pie." Without proven results to assist them in staying competitive, small to medium sized organizations could find themselves struggling to remain viable as other companies more successfully woo customers.
For companies looking for a lucrative Internet marketing business partner, there's no better choice than the #1 Internet and Technology Franchise in the world, WSI ("We Simplify the Internet"). WSI's amazing growth and time-tested online advertising strategies and solutions have helped untold numbers of business owners keep their "edges" in today's ever-changing market.
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| Your gateway to Asia - potentially the world’s largest franchise market! |
The response for Franchising & Licensing Asia (FLAsia) 2008 has been overwhelming riding on last year’s resounding success. As compared to July 2007, there has been a 15% increase in space booking same time this year. With such optimistic results, FLAsia 2008, to be held from 16 – 18 October 2008, is all set to return as the BIGGEST show since its debut.
In 2007, Singapore's inbound tourism dollar hit a whopping S$13.5 billion with more than 10 million tourists visiting the sunny island. With major events like the Formula 1 Grand Prix as well as the imminent opening of the two integrated resorts, the 2010 Youth Olympics Games and the transformation of Orchard Road unfolding, Singapore is right on track towards achieving its Tourism 2015 goals of $30 billion in tourism receipts and 17 million in visitor arrivals. The growth of tourism has led to the growth in foreign investments which exceeded S$240 billion!
Capitalise on the rise in tourism, foreign investments as well as Singapore’s strategic location in the heart of Asia and ride on this billion-dollar tourism wave to expand your business throughout the region. Invest your marketing budget by exhibiting at FLAsia 2008 in Singapore, the preferred venue for business development and profit generation and the gateway to Asia, potentially the largest franchise market in the world!
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| Participate in Franchise Appreciation Day and Make a Difference |
Franchise Appreciation Day, IFA’s Public Affairs Conference in Washington, DC, is just a little over a month away. Scheduled for Sept. 15-16, this is a great opportunity to meet with Members of Congress about issues facing your business, including Immigration Reform, Healthcare Reform and Card Check. We recognize this is a challenging economic time and you may be scrutinizing more closely how you allocate your resources. But this is an important election year and by joining us at Franchise Appreciation Day, you can make a difference for the industry.
There is no fee to attend FAD and registration is easy. Simply visit franchise.org/fad.aspx and complete the registration form.
The event takes place at the JW Marriott and our block of rooms is selling out quickly, so call 1-800-266-9432 and ask for the IFA rate of $268. The deadline for reservations is August 22.
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