finance

Subway Franchisee Accused Of Underpaying Workers More Than $50000

StartupSmart: A Subway franchisee is in hot water for allegedly underpaying 11 staff by more than $50,000, with an industry expert warning that franchisors should ensure their franchisees receive proper legal information. The Fair Work Ombudsman has launched a prosecution against the operator of four Subway outlets in Newcastle in northern NSW. According to Fair […]

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Nicky’s Firehouse Doubles Size With $1M Renovation

Patch.com: Nicky’s Firehouse Restaurant & Pizza in Madison may someday be the flagship for a Firehouse franchise. The 20-year-old Central Avenue restaurant recently reopened its doors after doubling its size with a million-dollar renovation and owner Nick Lardieri has his sights set on franchising the business to other towns in the area. Essentially, everything is

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Former Pat & Oscar’s Franchisees To Launch New Concept

‎Nation’s Restaurant News: A group of former franchisees of the Pat & Oscar’s brand in Southern California have rebranded their nine restaurants to a new concept called O’s American Kitchen. The move follows the liquidation of the Pat & Oscar’s franchising company, which filed Chapter 7 bankruptcy in September 2011, closing the three remaining corporate

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Retravision Latest Chain To Get The Downturn Blues

The Australian: Electrical appliance chain Retravision is the latest retailer to come under threat after one of its three franchising companies yesterday admitted they were having problems paying suppliers. Owners of 104 franchised stores were yesterday summoned to the Melbourne head office of Retravision Southern, the franchisor and central buying group for the chain in

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Billy Baxter’s Franchisees Win $1.22 Million In Damages

StartupSmart: A franchisee couple has been awarded $1.22 million in damages after a successful appeal against franchisor Billy Baxter’s, prompting an expert to highlight the importance of site selection. Billy Baxter’s, which began franchising in Adelaide in 1992, is a chain of licensed coffee houses, cafés and restaurants, with distinctive décor featuring a cartoon character

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Akerman Senterfitt Represents Carrols Restaurant Group In Spin-Off Of Fiesta Restaurant Group

MarketWatch: Akerman Senterfitt has represented Carrols Restaurant Group, Inc., one of the largest restaurant companies in the United States and the largest Burger King franchisee, in the spin-off of its wholly owned subsidiary, Fiesta Restaurant Group, Inc., which owns and operates the Pollo Tropical and Taco Cabana restaurant brands. The spin-off was completed this week

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Home Care Assistance Selects BoeFly To Help Franchisees Secure Bank Financing

San Francisco Chronicle: BoeFly, the premier online marketplace connecting small business borrowers with lenders and a strategic ally of the International Franchise Association (IFA) to expand credit access within the franchise community, announced today that Home Care Assistance, the leading provider of in-home senior care in the United States and Canada, has selected BoeFly to

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