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Recent comments

    May 29, 2013 - 15:30

    i wouldn't open kfc, its about to go under. a guy in saskatoon figured out col. sanders recipe for gravy and he says he'll solve the chicken recipe also.. how do i know this??? because i am the guy... and soon anyone can make the gravy....by 2015 kfc will be sold or shut down...i am so close to chicken recipe its frustrating.. nobody believes me but when i get a shot to prove it to the world you'll see me...

  • Dawn Wride
    December 17, 2012 - 05:36

    Well said David! Just visit the food court at the Avalon Mall and witness the vast number of teens and young adults who are significantly overweight, but all with a tray piled high with some sort of fast food or another. You certainly don't witness the obesity in such high numbers elsewhere in Canada. Young newfoundlanders are digging their graves with their teeth!

  • david
    December 14, 2012 - 11:04

    If in 20 years every last dime of the Hibernai financial legacy was turned into profit for mainland-based fast food franchises, and morbidly obese Newfoundlanders were all now sitting in the outpatients dept., I believe eveeryone here would look back on the whole experience with great nostalgia and pride. Now THAT'S world-class stupid.

  • Jack
    December 13, 2012 - 10:06

    Will, don't just bring a Taco Bell, but also some Pizza Hut locations to Newfoundland and Labrador, especially outside the Greater St. John's area. Some great locations for Pizza Hut include Stephenville, Corner Brook, Deer Lake, St. Anthony, Lourdes de Blanc Sablon, Happy Valley-Goose Bay, L'Anse Au Loop, Grand Falls-Windsor, Gander, Clarenville, and Bay Roberts. Having more fast food restaurants in Lourdes de Blanc Sablon will be an excellent idea as Quebec's Lower North Shore area will experience significant economic growth due to Plan Nord, which includes a road linking Natashquan to Blanc Sablon, need for greater restaurant choices, and increased tourism. Its also a great way to compete with Quebec's only Pizza Delight.

  • Blair Brookfield
    December 12, 2012 - 21:47

    Hey Brett, Would you consider someone who opens a little mom and pop shop selling imported products an entrepreneur?

    • Brett
      December 13, 2012 - 08:13

      Hi Blair, If the business model is the same as other existing stores, then no. Products from the moon (different method for acquisition channels), maybe, another shop selling slightly different stuff from China, no. But the purpose of a business is to make money. The purpose of an entrepreneur is to innovate. The two are not mutually exclusive, but neither are they mutually inclusive. I don't see anything wrong with seeing a market opportunity and taking advantage, but to me that is not entrepreneurship. If you use the type of model you suggest, tell me what your protections would be in competing with others who try to copy your model and enter the same market space after you? What is your competitive advantage? Entrepreneurial endeavors tend to have intrinsic advantages to maintaining a competitive edge. Being a business owner is not a bad thing, I am one, but I am hard pressed to say that any of the things I am doing are truly entrepreneurial.

  • Luke Coombs
    December 12, 2012 - 16:32

    Forgot KFC that is old news. We need something we have never had before. This is a perfect scenerio to bring in a Taco Bell. Newfoundland and PEI are the only provinces that currently dont have one. Trust me if you bring a Taco Bell people will come

  • WILL
    December 12, 2012 - 11:00

    Hopefully this company will bring Taco Bell to Newfoundland. Maybe a few KFC/Taco Bell hybrid locations as seen elsewhere in Canada and the US.

  • david
    December 12, 2012 - 08:22

    So even though the former KFC franchise owner tried despartely to spin that, after decades of deep-fried profits, she had an 'epiphany' of health consequences and now dreams of Newfoundland eating better food, the truth is that the market still wants its 'tucky fried. KFC was one of the paltry few businesses, as bland and uninteresting as chain fast food joints are, with even a smidgeon of Newfoundland ownership whatsoever.....and now, another non-Newfoundland entrepreneur is more than happy to sweep into town, scoop up a chunk of the Hibernia lootbag, and lug it off to New Brunswick. Another Newfie business success story. Do they get an ACOA grant, too?

    • Brett
      December 12, 2012 - 12:24

      Investor, or owner, not entrepreneur. Entrepreneurs aren't people who go out and buy a job. They bring something new to the market (business process/product etc), they do not pay to be hired by a company (buying a job is essentially what franchise ownership is).

    • david
      December 12, 2012 - 14:20

      You are mostly correct, Brett....but two points: 1) most franchises cost a LOT of money, and some do fail. So if you think it's "buying oneself a guaranteed income", which most people certainly do, I suggest you don't understand the exorbitant cost or the risk....which most people don't. 2) It's all relative. In Newfoundland, sadly, the closest we have to an "entrepreneur class" are franchisees....most people don't even aspire to that. Why even on this message thread there is a complainrt that the NB company isn't bringing in more YUM fast food franchises...seriously, you can't make this stuff up.

    • Brett
      December 12, 2012 - 15:45

      1. 500k for a tim horton's, 1.5M for a McD's. I believe the McD's figure might be a little old. I believe that Smokes Poutinerie ran about 250-300k. You're buying yourself a job. You get a position in the company with an equity stake essentially (in essentially a subsidiary of the company). You can still lose the job, or the company can be unsuccessful in its expansion leaving you with bubkis. I understand that. Lots of people also don't understand how much capital they need outside of purchasing the licenses to actually run the business. If you're not properly capitalized you're playing with the deck stacked wildly against you. But none of that shows whether you are an entrepreneur or not. I just see the difference between being a risk taker, a business person and an entrepreneur. I am self employed and am painfully (trust me - past history has made painfully a proper adjective) aware of the value of capital, the risks of starting your own business and the difference between being an entrepreneur and a business owner running an owner operator model (which is prevalent in the province).

  • Jack
    December 12, 2012 - 07:28

    While I applaud Franchise Management Inc. for saving the KFC franchises across Newfoundland and Labrador, I'm disappointed that they won't bring other YUM! Brands family restaurants to this province like Taco Bell and Pizza Hut (especially outside St. John's). I wouldn't mind seeing a Taco Bell or Pizza Hut in the Corner Brook area. Secondly, I hope Franchise Management will bring KFC Franchises to Port Aux Basques, Stephenville, Burgeo, Pasadena, St. Anthony, Baie Verte, Lourdes de Blanc Sablon, and L'anse Au Loop to compete with Mary Brown's, Pizza Delight, or Chester Fried Chicken. With Northern Newfoundland, Quebec's Lower North Shore, and Labrador areas expecting major economic growth due to Muskrat Falls and Plan Nord (Quebec), this is an excellent opportunity to expand KFC.