Buy a Franchise

The 8 | October 28, 2016
Here are the eight things you need to know from this week.

Buy a Franchise

Here are the eight things you need to know from this week.

8. The Buzz: “Fortune: How Becoming a Franchisee Today is Different From 20 Years Ago:” Employment and technology changes over the last two decades have changed the way people become franchisees.
7. Brand of the Week: Lightbridge Academy
Here’s what you need to know about Lightbridge Academy:
Lightbridge Academy currently has 24 units open; has a franchise fee that costs $500,000 to $600,000; and according to the brand’s 2016 Item 19, their annual gros revenue is $1,968,282.
Lightbridge Academy provides an unrivaled solution for working parents: Between the brand’s Circle of Care philosophy and commitment to bringing the latest technology into the classroom, Lightbridge Academy takes the stress off busy parents.
Backed By Its Circle of Care Philosophy, Lightbridge Academy Grows in Eastern Pennsylvania: With one franchisee already seeing success, Lightbridge Academy is looking to expand its reach.
Lightbridge Academy Recognized by SmartCEO for Unique Corporate Culture: Lightbridge Academy’s “Circle of Care” philosophy sets the brand apart when it comes to company culture.
First Time Child Care Franchisees Find Success with Lightbridge Academy: Ketul and Krupa Parikh are growing their child care business by following Lightbridge Academy’s unique business model.
Lightbridge Academy Brings Unrivaled Education Child Care Centers to Northern Virginia: With locations throughout the Mid-Atlantic, Lightbridge Academy is looking to expand its reach.
6. People Story: “The Washington Post: Millennials Increasingly Can’t Be Bothered With Going Out To Eat:” 41 percent of people said that they wanted to order in so that they could catch up on movies and television shows, while 25 percent said the reasoning for their orders was so that they could eat alone.
5. Profits Story: “Nation’s Restaurant News: How Domino’s Keeps Adding Customers:” Domino’s Pizza Inc., saw a surge in same-store sales, and today, the franchise is busier than ever. These results are especially impressive seeing as the overall pizza market isn’t growing very fast, with a one to two percent rate increase each year. So how are they doing it? Click here to learn more.
4. Places Story: “QSR Magazine: Meet the Fast Casual Reinventing Beers and Brats:” Milwaukee-based Vanguard is putting a spin on a classic dish for a new restaurant concept.
3. Columns: “Reaching Franchise Candidates on Facebook:” Jack Monson explains how to use Facebook’s custom audience targeting for franchise development.
2. In the Media: “CNBC: Arby’s Takes a Stab at Venison Sandwiches in Select Locations:” The fast food chain shakes things up with a new protein that will have deer hunters celebrating.
1. Starting November 1, tune in to 1851 as we follow along the 2016 Presidential Elections and interview some of the industry’s biggest leaders to learn how the outcome could impact businesses in franchising.
Sign up for the 1851 Franchise newsletter to get our biggest stories before everyone else
By signing up, you agree to our user agreement (including class action waiver and arbitration provisions), and acknowledge our privacy policy.

About the Author
Nick Powills, CFE, founded No Limit Agency in 2008 and serves as Chief Brand Strategist for the Chicago-based firm. No Limit is a full-service communications agency that establishes and elevates brands by bridging Public Relations, Social Media, Marketing, Advertising, Digital, and a lot of creativity, to best strategize well-rounded and successful campaigns for 50+ global franchise brands. By presenting visionary ideas and building real relationships, No Limit is able to create effective media branding strategies to help companies grow. Nick currently leads a staff of writers, media strategists, designers, social media experts and digital producers in an office think-tank where brands are humanized for strong, compelling media stories. Prior to starting No Limit at the age of 27, Nick spent four years working at a franchise PR agency where he mastered the art of building rapport with media outlets and creating newsworthy pitches for earned media placements. He holds a Bachelor of Journalism from Drake University in Iowa.