TheFranchiseHound: The World Bank’s food price index rose by 15 percent between October 2010 and January 2011. In their report, the World Bank stated that the increase was largely due to price increases of sugar, fats and oils, wheat and corn. Corn prices alone have increased 73 percent since June 2010. Sounds like trouble! High […]
Inflation’s Dirty Effect On The Franchisee Read More »
RestaurantNews.com: United Capital Business Lending, a subsidiary of BankUnited, has announced that it is providing $2 million in financing to Five Guys® Burgers and Fries owner, Craig Cohen. United Capital refinanced three existing stores for the Brooklyn, NY based franchisee and will also provide funding to open two additional Five Guys® locations. With the new
United Capital Finances $2 Million For Five Guys Burgers And Fries Operator Read More »
Business Wire: The UPS Store®, the world’s largest retail system of shipping, postal, print, document and business services, today announced a collaboration with a franchisee lending program created by Franchise America Finance™(FAF) and The Bancorp Bank, a wholly owned subsidiary of The Bancorp, Inc. The first franchise network in its category to receive funding through
The UPS Store Lines Up $22.5 Million For Franchisee Lending Program Read More »
The Irish Franchise Magazine: Budding entrepreneurs from all over Ireland attended the New Year – New Career exhibition held in Dublin last Saturday. Over 900 people paid to visit the event, which was held at The Burlington Hotel and featured a mixture of franchise, business and recruitment opportunities. At the exhibition a number of franchisors
Franchise Owners Secure Funding From Banks Read More »
Reuters: The largest McDonald’s franchisee globally is planning a U.S. listing that could raise as much as $1 billion, the Financial Times said on Wednesday. Arcos Dorados might file for an initial public offering within days and could start trading in New York in April, the newspaper said, citing unnamed sources. The company has appointed
McDonald’s Franchisee Planning $1 Billion IPO: Report Read More »
Online PR News: With the debut of Mi Preparador Radio Talk Show on W Radio 690 AM, professionals from Tri Tax are just a toll-free phone call away – ready to answer all pressing tax questions. The program, Mi Preparador Presentado Por Tri Tax Income Tax Sus Preparadores de Confianza, is hosted by Tri Tax
Boston Globe: The Canton company that operates the Dunkin’ Donuts and Baskin-Robbins chains said today that preliminary results indicate that the two chains had global system-wide sales for fiscal 2010 of about $7.7 billion, up nearly 7 percent from $7.2 billion for fiscal 2009. The parent company, Dunkin’ Brands Inc., said that Dunkin’ Donuts added
Dunkin’ Says 2010 Was A Strong Year Read More »
Reno Gazette Journal: Five Midas stores in Northern Nevada and one in Northern California recently lost their franchises and were forced to close their doors. Two of the six Midas stores are in Reno. All of the outlets are owned by Mallard Group Ltd. “That would have been in mid-December,” said Bob Troyer, director of
Midas Closes Northern Nevada Outlets, Terminates Agreement With Franchisee Read More »
Franchising.net.au: The global financial crisis (GFC) finally caught up with the franchising sector in 2010; but only for some. The good news is the well managed systems with strong balance sheets continued to grow and prosper in 2010. That was the finding of two major studies of the franchising sector in 2009/2010. And it is
Franchising In 2011 Read More »
PR Newswire: Brinker International, Inc. today announced results for the fiscal second quarter ended Dec. 29, 2010. Highlights for the second quarter of fiscal 2011 include the following: • Earnings per diluted share, before special items, increased to $0.38 compared to $0.25 for the second quarter of fiscal 2010 (see non-GAAP reconciliation below) • On
