global franchise newsletter sign up graphic

Stay in the know and receive the latest international franchising news, insight and investment opportunities

close catfish

Franchise Daily Digest: April 6

Franchise Daily Digest: April 6

Today’s digest includes our exclusive conversation with Sean Goldsmith about how franchisors can persevere in the face of adversity.

Keep up to date with the latest Global Franchise News sent straight to your inbox. Sign up here.

Global Franchise Podcast: Sean Goldsmith talks carrying on in the face of adversity

In our most recent episode of the Global Franchise Podcast, we spoke to Sean Goldsmith, special advisor to franchising, about the ways in which businesses can make the most of the current predicament they find themselves in.

“What I’ve been saying to everybody is: right now, get your strategy correct. Start marketing, start going out, reconnect with your old customers. Because when that firing gun goes off at the London Marathon, we will be two hours ahead of everybody else.”

To listen to this episode, as well as our entire catalog of exclusive conversations with franchising experts, make sure to check out the podcast here.

Atlanta-based Wing Zone reports an increase in sales during the ongoing pandemic

Wing Zone, an Atlanta-based chicken wing franchise concept with over 80 restaurants in five countries, has reported a surprising increase in sales at some of its locations during the ongoing COVID-19 pandemic, despite many food and beverage offerings having seen sharp declines or even widespread closures.

Speaking with the Atlanta Journal Constitution, chief executive and founder Matt Friedman explained how his network has largely focused on takeout and delivery, which has really benefitted in the current landscape, when restaurants have largely been forced to shut down their dine-in areas. As a result, Wing Zone’s restaurant sales are up six per cent or more in the last couple of weeks, when compared to the same period a year ago.

“We are doing very well right now as far as restaurants being able to actually thrive during this pandemic,” said Friedman. “We are humbled and lucky, I guess, but it is our model that lends itself at this time.”

Arthur D. Little compiles guide on leading businesses through the COVID-19 crisis

Arthur D. Little, one of the most renowned business consultancy experts in the world, has created a handbook for business leaders on how to successfully navigate the challenges presented by the current health crisis.

Speaking with 25 CEOs and business leaders, Arthur D. Little’s guide covers a multitude of relevant topics, such as what we can learn from countries most impacted by the disease, such as China and Italy, as well as what businesses can do to plan for recovery now, therefore enabling them to grasp new opportunities as they arise.

“At Arthur D. Little we want to play our part in helping the world through the COVID-19 crisis. We felt the best way to do this was to facilitate sharing of knowledge and insight across the business leaders in our network,” said Ignacio Garcia Alves, chairman and CEO, “especially those from critical infrastructure sectors, such as telecoms, utilities and transport, and in countries/regions furthest into the crisis, such as Hong Kong, Italy and Singapore.

“We salute the courage and dedication of these leaders and their teams as they steer their organizations through to calmer waters.”

MagiKats outlines its current approach to franchisee support

MagiKats, a U.K.-based education franchise, recently released a statement detailing the ways in which it is supporting its franchise network and enabling students to continue learning from home. Part announcement for parents who rely on the franchise, the release also acted as advice for other franchises that may be unsure of how to proceed in the current turbulent times.

“One of the first things we did when the crisis hit was to create a Workplace group on Facebook. This is only open to members of the MagiKats network but we felt it was really important to have an open channel of communication,” said a representative of the brand. “It allows us to communicate with our franchisees instantly and regularly throughout the day. Our franchisees are also able to keep in touch with each other via Workplace for important mutual support and to allow a free flow of ideas in respect of different ways of managing the current situation. The general consensus is that our franchisees really appreciate being able to keep in touch with each other.”

Within the statement, MagiKats also affirmed that it is continuously upgrading its KATS computer system so that parents can access future work and print it at home for their children to complete.

TaxAssist Accountants raíces concerns to U.K. chancellor about COVID-19 small business support measures

Daren Moore, group commercial director of TaxAssist Accountants, has written an open letter to chancellor Rishi Sunak requesting he reconsiders key elements of the government’s support and intervention packages.

Following the flurry of recent announcements from the government on new initiatives to support small businesses and the self-employed, the TaxAssist support centre team has been working flat out to offer guidance to its network of accountants and their 76,000 clients.

Daren says: “While we support many of the measures announced to date, we are concerned that large sections of the business community are suffering and that these measures will not provide the help and funding they need.

“We are already seeing our clients under stress and we risk seeing many thousands of small businesses fail without prompt action.”

In his letter, Daren outlined four key issues that TaxAssist’s clients and its franchisees would like to see urgently addressed, including:

  • Sole/small company directors and their ineligibility to be furloughed under the Coronavirus Job Retention Scheme
  • The proposal to look at three years for averaging purposes, leaving those who commenced trading since April 5, 2019 financially stranded
  • The unfairness of the £50,000 trading profit threshold
  • The need for emergency funding to speed up the flow of money

A copy of the letter that was sent to Rishi Sunak can be viewed here.

you may be interested in

franchise directory

  • TaxAssist Accountants

    Business & Professional Services, Financial Services, <100K, Featured

  • Cafe2U

    Food & Catering, Coffee, Take-away, <100K, Featured

  • 800 Pizza

    Food & Catering, Fastfood, Pizza, Take-away, Featured

view more
Connect with Linkedin Logo
Global White Logo Click Here
Close button

WHAT DO WE USE YOUR INFORMATION FOR?

Any of the information we collect from you may be used in one of the following ways: To personalize your experience (your information helps us to better respond to your individual needs) To improve our website (we continually strive to improve our website offerings based on the information and feedback we receive from you) To improve customer service (your information helps us to more effectively respond to your customer service requests and support needs) To process transactions your information, whether public or private, will not be sold, exchanged, transferred, or given to any other company for any reason whatsoever, without your consent, other than for the express purpose of delivering the purchased product or service requested. To administer a contest, promotion, survey or other site feature To send periodic emails The email address you provide for order processing, will only be used to send you information and updates pertaining to your order. Note: If at any time you would like to unsubscribe from receiving future emails, we include detailed unsubscribe instructions at the bottom of each email.

HOW DO WE PROTECT YOUR INFORMATION?

We implement a variety of security measures to maintain the safety of your personal information when you place an order or enter, submit, or access your personal information We offer the use of a secure server. All supplied sensitive/credit information is transmitted via Secure Socket Layer (SSL) technology and then encrypted into our Payment gateway providers database only to be accessible by those authorized with special access rights to such systems, and are required to keep the information confidential. After a transaction, your private information (credit cards, social security numbers, financials, etc.) will not be stored on our servers.

DO WE USE COOKIES?

Yes (Cookies are small files that a site or its service provider transfers to your computers hard drive through your Web browser (if you allow) that enables the sites or service providers systems to recognize your browser and capture and remember certain information. We use cookies to help us remember and process the items in your shopping cart, understand and save your preferences for future visits, keep track of advertisements and compile aggregate data about site traffic and site interaction so that we can offer better site experiences and tools in the future. We may contract with third-party service providers to assist us in better understanding our site visitors. These service providers are not permitted to use the information collected on our behalf except to help us conduct and improve our business.

DO WE DISCLOSE ANY INFORMATION TO OUTSIDE PARTIES?

We do not sell, trade, or otherwise transfer to outside parties your personally identifiable information. This does not include trusted third parties who assist us in operating our website, conducting our business, or servicing you, so long as those parties agree to keep this information confidential. We may also release your information when we believe release is appropriate to comply with the law, enforce our site policies, or protect ours or others rights, property, or safety. However, non-personally identifiable visitor information may be provided to other parties for marketing, advertising, or other uses.

THIRD PARTY LINKS

Occasionally, at our discretion, we may include or offer third party products or services on our website. These third party sites have separate and independent privacy policies. We therefore have no responsibility or liability for the content and activities of these linked sites. Nonetheless, we seek to protect the integrity of our site and welcome any feedback about these sites.

CHILDRENS ONLINE PRIVACY PROTECTION ACT COMPLIANCE

We are in compliance with the requirements of COPPA (Childrens Online Privacy Protection Act), we do not collect any information from anyone under 13 years of age. Our website, products and services are all directed to people who are at least 13 years old or older.

ONLINE PRIVACY POLICY ONLY

This online privacy policy applies only to information collected through our website and not to information collected offline.

TERMS AND CONDITIONS

Please also visit our Terms and Conditions section establishing the use, disclaimers, and limitations of liability governing the use of our website at globalfranchisemagazine.com/terms-conditions

YOUR CONSENT

By using our site, you consent to our online privacy policy.

CHANGES TO OUR PRIVACY POLICY

If we decide to change our privacy policy, we will post those changes on this page

CONTACTING US

If there are any questions regarding this privacy policy you may contact us using the information below. All correspondence relating to the Website should be sent to: Global Franchise 21/23 Phoenix Court Hawkins Road Colchester Essex CO2 8JY Email: subscriptions@aceville.co.uk