February 15, 2013

This video about Welch’s beginnings serves as a companion to an abstract in this month’s Newsletter about cooperative corporations.


  1. What major advantages does Welch’s provide to their grape growers?
  1. Have other products shifted from their original purpose and found success?

From CNN Money

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February 10, 2013

When it comes to running a business, you can never know too much. That’s why many national chains are sending potential franchisees to school before they get the keys to a store. Although classroom lectures figure in to many of these programs, the main goal is to educate the franchisee-to-be on as many aspects of the business as possible. This can include everything from working the grill and mopping floors to employee management and media relations.

At Culvers, for instance, Continue reading

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February 5, 2013

Although franchising has many benefits, it doesn’t provide much freedom to the franchisees. After all, their primary job is to maintain the brand’s image, which just so happens to be whatever their corporate bosses say it is. They can also fall victim to larger trends that have affected their parent company. For instance, an entrepreneur named Jerry Merrill lost his Baskin-Robbins franchise in 1999, along with 600 other franchisees the company could not afford to keep. Merrill and 34 other Continue reading

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