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Daily Comet: When Rick Kimsey decided to start a business, a franchise seemed like the best way to go. Buying a franchise — in his case, a Doctors Express urgent care facility — meant he didn’t have to start from square one. The business came with a concept and a service to sell. Urgent care
Getting A Loan To Open A Franchise Getting Harder Read More »
Nation’s Restaurant News: As restaurant franchisees and single-unit operators look to expand, they find out just how much they don’t know about the financing needed to fund growth, which longtime restaurateur Tabbassum Mumtaz and other franchise executives aim to fix with next week’s Dealmakers’ Summit in Chicago. Mumtaz, chief executive of Dallas-based Apex Restaurant Management,
Yum Franchisee Gives Advice On Restaurant Financing Read More »
Franchise News International (blog): Chemex has revealed a new financial package to help prospective franchisees take advantage of the firm’s continuing success. The cleaning supplies specialist has introduced a lower franchise purchase price and is offering virtually guaranteed 100 per cent finance to all new franchisees. Now a Chemex franchise can be purchased for just
Chemex Launches New Franchisee Financial Package Read More »
QSRweb.com: Carrols Restaurant Group Inc. has announced financial results for the second quarter ended July 1. Results include the 278 Burger King restaurants that were acquired from the brand’s corporate operations May 30. The company’s second quarter sales jumped 37.8 percent compared to the same period last year, totaling $122.1 million, $27.5 million of which
Burger King’s Largest Franchisee Experiences 5 Percent Traffic Jump Read More »
QSRweb.com: Arcos Dorados Holdings Inc., Latin America’s largest restaurant chain and the world’s largest McDonald’s franchisee, has reported its unaudited results for the second quarter ended June 30. Highlights include: * Revenues increased by 1.8 percent year-over-year to $ 904.2 million (U.S.) or by 15.5 percent on an organic basis, as double-digit comparable sales growth
McDonald’s Largest Franchisee Achieves Double-Digit Comp Sales Growth Read More »
Fast Casual: Panera Bread has stepped up its use of target-marketing initiatives to drive traffic and sales, specifically focusing on its MyPanera loyalty program and brand messaging. The company’s MyPanera loyalty program now has more than 11 million members, said chairman and Co-CEO Ron Shaich during the company’s July 24 Q2 earnings call. “This program
Panera Bread Sales Success Boosted By Investment Initiatives Read More »
Pizza Marketplace.com: TFG Card Solutions has provided the employees at JGJ Management’s nine Pizza Hut franchises with payroll debit cards. The cards allow unbanked employees to have immediate access to their paycheck without check cashing fees. “The TFG Visa Paycard allows every employee at each of our nine Pizza Hut locations to participate in direct
Pizza Hut Franchisee Offers Payroll Debit Cards For Staff Read More »
Franchising.net.au: Once you set up in business it will be essential to manage your money. So how would you handle credit management? Colin Porter explains the importance of debtor assessment One of the many benefits of being a franchisee includes the ability to call on the specialised and highly-skilled knowledge and experience of the franchisor’s
Staying Afloat: Credit Management Read More »
Globe and Mail: When dealing with prospective franchisees, I always try to minimize their personal exposure so that if the venture fails “ma and pa†don’t lose their house, their farm, their RRSPs or their shirts. One spouse can take the risk and become the sole director and shareholder of the company that’s created to
Financing A Franchise? This Program’s For You Read More »
