Maine Franchise Owners Association

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2019 Dickey’s BBQ Update

October 2, 2019 By admin

Despite Churn, Franchises Continue to Sell Once again, I am reporting on the very high churn rate for Dickey’s BBQ, yet the brand continues to sell a high number of franchises.  Why?  Do prospective franchisees not understand the numbers in the Franchise Disclosure Document?  And, why is the government continuing to guarantee loans to a […]

Filed Under: Failed Franchising, Fair Franchising, Featured, Franchise Economics, Franchising, Government Relations, SBA Loans, Transparency Tagged With: Fair Franchising, franchise finance, franchise owners, franchisees, franchising, SBA, SBA Backed Loan

Can Wendy’s Rein In Delinquent Franchises?

January 17, 2015 By admin

Rich Duprey of The Motley Fool reports that the third largest fast-food chain Wendy’s (NASDAQ: WEN  ) wants to strip one of its biggest restaurant operators of its franchise agreement for failing to upgrade its restaurants and install a point-of-sale system. While it could result in the franchisee being forced to close or sell its restaurants, it also brings […]

Filed Under: Franchise Economics Tagged With: business owners, economic impact, franchise finance, franchised business, franchised businesses, franchisees, litigation

Maine ‘crowd investing’ bill becomes law

March 11, 2014 By admin

The measure is designed to help Maine start-ups raise funds from small investors. J. Craig Anderson  at the Portland Press Herald reports that a measure allowing Maine businesses to raise up to $1 million through “crowd investing” became law Monday. The bill, L.D. 1512, “An Act To Increase Funding for Start-ups,” was approved overwhelmingly in […]

Filed Under: Economic Development in Maine, Featured, Maine Tagged With: business development, economic development, economic impact, Economic Outlook, economy, Expansion, finance, franchise finance, franchise job creation, Maine Franchise Owner

The IFA Has No Risk by Claiming “the Sky is Falling” in Maine

January 3, 2014 By admin

Recently the International Franchise Association (IFA) sent out its IFA Insider Newsletter (Vol. 19, Issue No. 47 ) with the following wake-up call to franchisors “next month the Maine legislature will address LD 1458 (Maine Small Business Investment Protection Act), the most far-reaching and harmful franchise relationship legislation in any state in the country”. They […]

Filed Under: Fair Franchising, Featured, Franchise Economics, Franchising, Franchising in Maine, Maine, Maine Franchise Owners Tagged With: Fair Franchising, franchise finance, franchise owners, franchised business, franchised businesses, franchisees, franchising, legal, litigation, maine, Maine Franchise Owner

First Annual Maine Franchise Owners Franchise Business Day and Legislators Meet & Greet set for January 29th

December 30, 2013 By admin

The Maine franchise owner community is invited to attend the First Annual Maine Franchise Owners Franchise Business Day and Legislators Forum on January 29, 2014.  The event will begin at 1 p.m with the “Franchise Business Day” forum to share timely information, best practices and resources for Maine franchise owners. A Franchise Owner and Legislators […]

Filed Under: Economic Development in Maine, Featured, Franchising in Maine, Government Relations, Maine, Maine Franchise Owners Tagged With: business development, business owners, economic development, economic impact, Economic Outlook, economy, Expansion, Fair Franchising, finance, franchise finance, franchise job creation, franchise owners, franchised business, franchised businesses, franchisees, franchising, Maine Franchise Owner, Maine Franchise Owners, MFOA Sponsor, Sponsor, state law

What Franchisees Could Lose If the Minimum Wage Is Raised

December 4, 2013 By admin

Fast-food workers in about 100 cities will strike on Thursday, leaving franchisees caught between a rock and a hard place. Protesters are calling for $15 an hour — a huge increase from the current federal minimum wage of $7.25, or a full-time salary of about $15,000 a year. The upcoming strikes follow the protests that […]

Filed Under: Featured, Franchise Economics, Franchising Tagged With: economic development, franchise finance, franchise owners, franchised business, franchised businesses, franchisees, franchising, Government Relations

GAO Report of SBA Franchise Lending Reveals Program Failures

December 4, 2013 By admin

GOA Report Findings: The Government Accountability Office (GAO) published a report identifying that loans to certain franchise companies failed at a higher rate.  From 2003 to 2012, the SBA guaranteed loans for more than $10.6 billion to franchise businesses and was forced to make payments on about 28 percent of those loans. Analysis of guaranteed […]

Filed Under: Featured, Finance, Franchise Economics, Franchising Tagged With: business development, economic development, economic impact, economy, Expansion, finance, franchise finance, franchise owners, franchising, SBA, SBA Backed Loan

The Need for Voiding Out State Venue Clauses for Franchise Owners

November 14, 2013 By admin

Peter Lagarias posted at BlueMauMau a very compelling argument as why it’s important to pass legislation in each state to void litigation forum/venue clauses and allow litigation or dispute resolution in occur in the State the franchise owner has his/her business. Here are is an excerpt: Most franchise agreements provide for venue of franchise lawsuits […]

Filed Under: Fair Franchising, Featured, Franchising, Franchising in Maine Tagged With: Expansion, franchise finance, franchise owners, franchised business, franchised businesses, franchisees, franchising, legal, litigation, maine

Maine Franchise Owners Association Holds Open House in Portland

November 13, 2013 By Courtney O'Hara

On Wednesday, November 6th, 2013 at the offices of the Maine Franchise Owners Association (MFOA), various franchise owners, vendors, and government officials attended the MFOA open house in Portland.  MFOA is an independent organization of franchise owners in Maine that is committed to helping franchise owners grow, expand, and create more jobs for the citizens […]

Filed Under: Featured, Franchising, Franchising in Maine, Maine, Maine Franchise Owners Tagged With: business development, business owners, economic development, economic impact, economy, Expansion, Fair Franchising, franchise finance, franchise owners, franchised business, franchised businesses, franchisees, franchising, Government Relations, Grassroots

Dunkin’ Donuts Franchise Owner Opens New Shop in Farmingdale, Maine

November 9, 2013 By Courtney O'Hara

Normand and Joline Boulay, the owners of Farmindale’s newest business, Dunkin Donuts, welcomed friends and neighbors to celebrate with them and win some fabulous prizes. The Farmingdale Dunkin Donuts is the fourth one for the Boulays — two others located in Lewiston and one in Gardiner. Normand and Joline Boulay, expressed their excitement and satisfaction […]

Filed Under: Economic Development in Maine, Featured, Franchising, Franchising in Maine, Maine Tagged With: business development, Dunkin' Donuts, economic development, economic impact, Expansion, franchise finance, franchise job creation, franchise owners, franchised business, franchised businesses, franchisees, franchising, maine, Maine Franchise Owner

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Recent Posts

  • FTC Commissioner Chopra Talks Franchise Issues on CNBC September 25, 2020
  • Schakowsky, Scanlon, Jayapal Send Letter to FTC September 25, 2020
  • Senator Cortez Masto (NV) Sends Letter to FTC Concerning Covid-19 Issues May 1, 2020
  • Keith Miller Testifies in Oregon, House Interim Committee On Business and Labor December 1, 2019
  • 2019 Dickey’s BBQ Update October 2, 2019
  • Senator Cortez Masto Introduces SBA Franchise Loan Transparency Act July 31, 2019
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mainefoa Maine Franchise Owners @mainefoa ·
1 May 2020

Senator Cortez Masto (NV) Sends Letter to FTC Concerning Covid-19 Issues http://mainefranchiseowners.org/senator-cortez-masto-nv-sends-letter-to-ftc-concerning-covid-19-issues/

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fairfranchising Fair Franchising Initiative @fairfranchising ·
21 Mar 2020

Hotel Small Business owner's first priority is their Millions of Great employees and their families. Small Business Hotel Owners want to help the federal government in efforts to fight Covid-19 @SpeakerPelosi @senatemajldr @SenSchumer

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mainefoa Maine Franchise Owners @mainefoa ·
1 Mar 2020

Our Government Protects All Consumers… Except Franchisees! - American Association of Franchisees & Dealers https://www.aafd.org/our-government-protects-all-consumers-except-franchisees/

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mainefoa Maine Franchise Owners @mainefoa ·
1 Mar 2020

Registration is now open for 2020 CFA Registration is now open for 2020 CFA Day! Join us in DC on May 20 for an important day on the Hill. http://www.magnetmail.net/actions/email_mobile_web_version.cfm?recipient_id=743713135&message_id=18213463&user_id=NFA_&jobid=47068265

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mainefoa Maine Franchise Owners @mainefoa ·
1 Mar 2020

This is a perfect example of the type of legislation needed in Maine to protect local franchise owners.

Keith R Miller @FranchiseeAdvoc

Thank you Rep. Chris Mattos and the 9 bipartisan additional sponsors for introducing Vermont H.890, a comprehensive fair franchising bill. https://www.linkedin.com/posts/keith-miller-a42a5853_draft-bill-template-activity-6638858502699831296-4bNC

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Franchise Links of Interest

Franchise News: Blue MauMau

Maine Small Business Association

Maine Offices of SCORE

American Association of Franchisees & Dealers

Coalition of Franchisee Associations

Franchisee Advocacy Consulting

New England Franchise Association

Unhappy Franchisee

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