The fitness industry is expected to see 13% growth, and companies are gearing up for expansion. PRO Martial Arts is looking for program directors, instructors and franchisees as it opens 150 new North American locations in the next three years. Retro Fitness, 9Round and Town Sports International are looking to hire as they expand.
Franchise locations and revenue in India are expected to see a 30% growth over the next five years despite FDI regulations that affect multibrand retailers, according to an industry report by KPMG. The country has seen franchises grow rapidly over the past decade, with more than 3,000 brands operating in India, including Yum Brands' KFC and Pizza Hut, Dominos, McDonald's, and Subway.
Gayot.com took a look at the broad variety of espresso machines on the market and made its picks for the top five machines producing the tasty beverages with ease. The Breville BES860XL Barista Express Espresso Machine with Grinder and Nespresso C100-US-AERO Essenza Automatic Single-Serve Espresso Machine came in as the top two performers.
Many business owners are advocating for a change in the Affordable Care Act's definition of full-time employees as they decide how to move forward now that enforcement of the law's employer mandate has been delayed until 2015. "To have basically two different sets of understanding what a full-time employee is makes it very difficult and what I think I'm doing is hurting my employees," said Sean Falk, president and owner of Wolfteam, which operates 12 restaurant franchises.
Franchising has proven to be an area of business where veterans can thrive, according to Josh Merin, IFA's senior manager of research and strategic initiatives. Many quickservice chains offer incentives and training for veterans through VetFran or other programs, including Firehouse Subs, Edible Arrangements, Jersey Mike's Subs, Maui Wowi, Baskin-Robbins, and Hardee's and Carl's Jr. parent CKE.