Roark Capital Group in Atlanta has a big, new war chest to acquire companies—it raised $2.5 billion to close its Fund IV at the end of 2014.
Franchise Times spoke with Robert Cresanti, executive vice president of government relations and public policy at the International Franchise Association (IFA) about the latest news in the joint-employer saga. He and his colleagues have begun a massive effort to lobby members of Congress, including organizing direct meetings between representatives and franchise constituents in their districts.
From the price of kiwis to tonnage of crude coming into port from the North Sea, there are countless economic indicators for the savvy businessperson to watch. As everybody will be talking about oil prices and the unemployment rate, here are a few indicators I think will have the biggest impact on franchisors of all stripes throughout 2015.
Execs at Newk's Eatery are working to bring the fast-casual chain to the next level, after Sentinel Capital bought a majority stake last spring, said Jim Greco, COO, in a new video interview with Franchise Times.
“Names are important. Names communicate to people what you’re about, what your aspirations are,” said Randy Gier, CEO of the former Pizza Inn Holdings. “We’re no longer tired, old, sleepy Pizza Inn. The company changed names today to Rave Restaurant Group, with the Nasdaq stock symbol RAVE.
The International Franchise Association joined the chorus of this week's good news: franchise businesses are projected to once again grow faster than the rest of the economy in 2015.
According to ADP, U.S. private-sector franchise businesses created 38,000 new jobs in December.
"It's a great time, an absolutely great time, to sell your restaurant," says Bob Bielinski, The CIT Group, in a new video interview with Franchise Times.
Mergers and acquisitions are hot in the restaurant space, says Kevin Burke, Trinity Capital, in a new video interview with Franchise Times.
Franchise Times spoke with Legal Eagle Erik Wulff, lawyer and partner with DLA Piper, Washington DC, for his take on the significance of last week's historic Cuban announcement.
The National Labor Relations Board (NLRB) Office of the General Counsel on December 19 cemented its plan to hold McDonald’s liable as a joint employer.
InterContinental Hotels Group, the world’s largest hotel operator in terms of number of rooms, purchased Kimpton to create the world’s largest boutique hotel group.
A possible end to the Cuba embargo could be one of the biggest North American business stories of the decade, and franchisors could a primary beneficiary.
Thanks to a healthy economy, auto repair shops, manufacturers, restaurants and retailers are finding it increasingly difficult to find high quality workers to fill open positions.
The holiday season looks ugly at RadioShack, causing the electronics retailer to file an amended annual report again warning it may be heading to bankruptcy court.
Our Exit Interview reporter gives cutting-edge advice on the pros and cons of bad behavior at office holiday parties.
Even the largest players in franchise finance are looking beyond the tried-and-true brands as potential funding candidates, says Cristin O'Hara, who heads the restaurant finance group for Bank of America Merrill Lynch in Boston.
A new service model is proving to be popular at La Madeleine, which calls itself the country French cafe, said Paul Carolan, chief development officer, in a new video interview with Franchise Times.
We all know—or should know—not to pet a service animal on duty, but did you know service animals aren’t just golden retrievers wearing vests? They also might be that cute purse dog or a miniature horse. And they’re not required to be in uniform when on duty.
In a new video, Trey Brown of GE Capital, Franchise Finance outlines the state of the capital markets for franchise operators, in a discussion with Franchise Times managing editor Beth Ewen.