Many Maine residents have found both a profitable living and vibrant job creation for their region via an investment in a franchise system. Others have been less fortunate – facing financial ruin from a franchise model that either did not work or a franchisor that didn’t care. Franchise failure often leads to financial ruin, loss […]
First Annual Maine Franchise Owners Franchise Business Day and Legislators Meet & Greet set for January 29th
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 […]
Governor Welcomes Blue Ribbon Commission Report on Unemployment System
AUGUSTA – Governor Paul R. LePage is pleased with the final report of The Unemployment Reform Blue Ribbon Commission, which was delivered this week. An Executive Order signed by the Governor in May established the Commission and tasked it with reviewing various complaints and concerns raised by Maine citizens about the consistency and objectivity of […]
The Need for Voiding Out State Venue Clauses for Franchise Owners
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 […]
Maine Franchise Owners Association Holds Open House in Portland
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 […]
Dunkin’ Donuts Franchise Owner Opens New Shop in Farmingdale, Maine
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 […]
Real Estate Franchise Owner Masiello Group Expands Presence in Maine
Keene-based franchised real estate firm has expanded its offices in Maine. Better Homes and Gardens Real Estate The Masiello Group has acquired Maine-based Better Homes and Gardens Real State Town and Country, and merged the companies’ offices, Masiello Chief Executive Christopher J. Masiello said this week. The merger took effect Friday. Masiello described the acquisition […]
Forbes Ranks Maine Last for Business Climate
Forbes magazine released its “Best States for Business” list on Friday. Forbes cited Maine’s high corporate tax burden and poor job and economic growth forecast. Maine ranks last in Forbes’ Best States for Business for a fourth straight year. Much of the blame can be placed on the state’s high corporate tax burden and lousy […]
Maine and 3 Other States Consider New Rights for Franchisees
Lawmakers in Maine, California, Pennsylvania and Massachusetts have introduced bills that would give owners a lot more leverage Elizabeth Garone writes in The Wall Street Journal that lawmakers in Maine, California, Pennsylvania and Massachusetts have introduced bills that would give owners a number of new rights and options—such as allowing them to join and support […]
Franchising’s Impact on the US & Maine Economy
In 2004 the International Franchise Association (IFA) published it’s first report “Franchising’s Impact on the Economy” the report was updated in 2005 and 2007. In 2007 franchised businesses operated over 828,000 establishments in the United States, counting both establishments owned by franchisees and franchisors. These establishments represented 2.8 percent of all nonfarm business establishments in […]