Barbara Bush Children’s Hospital gets endowment Mike Reagan of WMTW Channel 8 reports that the Barbara Bush Children’s Hospital is getting some perks from Dunkin’ Donuts. Maine franchise owners are giving the hospital a $250,000 endowment over five years for its hospital-based teacher program. The program inside the Barbara Bush Children’s Hospital at Maine Medical […]
Making small-business owners’ concerns heard in the political process
Franchise owners are small business owners and they can have a big political impact, which is our experience in Maine. Franchise owners in Maine will continue to have the opportunity to educate their lawmakers, which we have learned do not know much about franchising, but we have shown them the importance of franchisees in Maine, to invest and create […]
MFOA Lobster Bake in Support of Camp Ketcha, Scarborough, ME
Join Us For a Maine Lobster Bake Maine Franchise Owners Association Lobster Bake in Support of Camp Ketcha, Scarborough, ME Come enjoy the party in support of one of our non-profit members. Friday, October 17th 4:00 pm – 7:30 pm Maine Franchise Owners Association Lobster Bake in Support of Camp Ketcha, Scarborough, ME. Camp Ketcha […]
Forbes Magazine Rates Ground Round as the 10th Worst Franchise to invest in
Forbes magazine rated the best and worst franchises to invest in. Forbes Magazine rated Ground Round based in Maine as the 10th worst franchise with a negative 9% growth rate. Here are the numbers Forbes represented: Serves up lunch, dinner and drinks; founded by Howard Johnson’s in 1969. Average Initial Investment: $1,672,500 Initial Training Hours: […]
Seeking Balance in Franchise Relationships
No relationship is perfect, it doesn’t matter whether the relationship is personal, business or institutional there are always going to be both good things and bad things about any relationship. One of the keys to a long and prosperous relationship is balance. Mutual advantage is the key to sustaining the relationship. Relationships prosper when each […]
Thank you for your support! Without it we wouldn’t have gotten as far as we did.
Dear Members and Friends of MFOA, Thank you for your support, participation, and advocacy for Maine franchise owners. Your support helped advance the Maine Franchise Owners Association (MFOA) and its mission to protect, defend and enhance the equity for all franchise owners. Even though we lost LD 1458 in the senate, we did get our […]
Re/Max Raises Dues for Agents, and Franchisees
Move bolsters the franchisor’s 2 largest revenue streams On Jan. 1, Re/Max increased the annual dues its agents in the U.S. and Canada pay to affiliate with the brand and the monthly per-agent fees affiliated brokerages in U.S. company-owned master franchise regions pay the franchisor. After holding steady at $390 for 2011 through 2013, Re/Max […]
Three Stories of Maine Franchise Owners or Franchisors Doing Business in Maine
Three Stories about Quiznos, Coffee News and Dunkin’ Donuts. Quiznos: Maine franchisees of the franchising firm that earlier this month filed for bankruptcy, failed miserably under a broken business model. Some are questioning what detriment there was to their state’s economy. Analyzing the sub sandwich chain’s past franchise disclosure documents shows there was approximately $5.4 […]
Maine’s House Approves Franchisee Protections!
Don Sneigowski of Blue MauMau reports: Maine’s House of Representatives on Monday passed the Small Business Protection Investment Act LD 1458 by a vote of 75 in support and 60 against. Franchise owners in Maine are pushing a law that they say will allow them to better hold onto their business equity. Under the act, […]
Franchisees Leave Coffee News in Mass Exodus
Don Sniegowski at Blue MauMau reports that Coffee News of Bangor, Maine is experiencing a free fall in the number of its franchise owners. The chain has declined in franchise units by 31 percent from 2008 to 2012, according to its latest Franchise Disclosure Document. Located in 40 states, franchise owners pay $8,500 in upfront […]