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''Franchise Times'' is an American business publication covering
franchising Franchising is based on a marketing concept which can be adopted by an organization as a strategy for business expansion. Where implemented, a franchisor licenses some or all of its know-how, procedures, intellectual property, use of its busines ...
in the United States. The magazines has reports on franchising trends and legal issues, franchisor and franchisee success stories, family business matters, and interviews with celebrities who are involved in franchising


History

''Franchise Times'' was created by
Crain Communications Crain Communications Inc. is an American publishing conglomerate based in Detroit, Michigan, United States, with 13 foreign subsidiaries. History Gustavus Dedman "G.D." Crain Jr. ( Gustavus Demetrious Crain Jr.; 1885–1973), previously the ci ...
in 1994 under the title ''Franchise Buyer''. The name was changed in 1996 to ''Franchise Times''. In September 1998, John Hamburger, owner of Franchise Times Corp purchased the rights to the ''Franchise Times''
trademark A trademark (also written trade mark or trade-mark) is a form of intellectual property that consists of a word, phrase, symbol, design, or a combination that identifies a Good (economics and accounting), product or Service (economics), service f ...
,
subscription The subscription business model is a business model in which a customer must pay a recurring price at regular intervals for access to a product or service. The model was pioneered by publishers of books and periodicals in the 17th century. It ...
and advertiser lists,
copyright A copyright is a type of intellectual property that gives its owner the exclusive legal right to copy, distribute, adapt, display, and perform a creative work, usually for a limited time. The creative work may be in a literary, artistic, ...
, web domain name, and back issues. He saw restaurant chains were moving into the franchise arena and wanted to expand his restaurant coverage to that growing trend. Hamburger also purchased ''Continental Franchise Review'' (''CFR'') in 1998. A newsletter that covered franchise developments, Hamburger combined it with ''Franchise Times.''. He hired the former publisher of CFR, Janet Sparks, to write editorials under the ''CFR'' trademark. She then moved to writing a monthly column until 2011. Mary Jo Larson, who was the publisher/editor of the ''Restaurant Finance Monitor'' became the new editor of the magazine. She also served as the first editor and is now publisher and vice president. The new Franchise Times printed its first issue in 1999. That same year, the magazine published its first ranking of the Franchise Times Top 200 franchise companies based on worldwide sales and locations. The list also included the next 100 "up and comers." ''Franchise Times'' list was different from others in that rankings were based solely on sales and unit counts. It has since expanded its list to the top 500 companies, under the trademark of the Top 200+.


Research

''Franchise Times'' publishes the Top 200+, a ranking of the 500 largest franchises based on worldwide sales in its October issues. The data—which also includes other data points such as number of units, both franchised and company-owned, and international units—is used by ''Franchise Times'' and others to track franchise growth and analyze trends in the various franchise segments in news stories. "Fast and Serious", an editorial feature that identifies growing franchise systems, was launched in 2014. The results of the findings are published in March, along with analysis of the trends. ''Franchise Times'' Restaurant 200 is a ranking of the top restaurant franchisees in the U.S., compiled by its sister publication, the ''Restaurant Finance Monitor''.


Japanese edition

In 2003. Hamburger signed an agreement with franchise business consultant Roy Fujita to produce a
Japan Japan is an island country in East Asia. Located in the Pacific Ocean off the northeast coast of the Asia, Asian mainland, it is bordered on the west by the Sea of Japan and extends from the Sea of Okhotsk in the north to the East China Sea ...
ese edition of ''Franchise Times.'' It uses content from the U.S. publication, but sells its own advertising around it.


Conferences

''Franchise Times'' hosts a yearly conference in
Las Vegas Las Vegas, colloquially referred to as Vegas, is the most populous city in the U.S. state of Nevada and the county seat of Clark County. The Las Vegas Valley metropolitan area is the largest within the greater Mojave Desert, and second-l ...
, the Franchise Finance & Growth Conference. CEOs and CFOs are invited there to talk about their brands before lenders, franchisors and multi-unit franchisees. The conference also provides educational and networking sessions. The Franchise Times Dealmakers of the Year are conferred on franchise companies and executives. Dealmakers is also a popular editorial feature in the April issue of the magazine.


References


External links

* {{Official website Business magazines published in the United States Publications established in 1994