John R. F. Baer, an attorney with Greensfelder in Chicago, died January 29, after a long battle with cancer. A memorial service is planned for 11 a.m., February 9, at U.S. Cellular Field, the home of the Chicago White Sox, a team Baer was a rabid fan of.
A poem about the recent McDonald's CEO ouster from John Hamburger, president of Franchise Times Corp.
Tariq Farid, founder of Edible Arrangements, was a techie long before he started his fruit bouquet franchise. Now he’s returned to his roots by launching a new technology company, Naranga.
Sunil Dharod, a long-time Applebee’s franchisee in Dallas with 69 stores, now owns a brand of his own: the Roy’s Restaurant chain, started in 1988 by chef Roy Yamaguchi in Honolulu.
Focus on white-collar careers, improving job market creating widespread technician shortage in the auto repair and collision repair industries.
"You either punch and counterpunch, or you get your rear end handed to you," said Steve Caldeira, CEO of the International Franchise Association, in Minneapolis Tuesday, about his aggressive stance against the NLRB holding McDonald's jointly responsible with franchisees for alleged labor violations.
Local franchise business owners around the country watched the State of the Union with eyes and ears focused on the administration's job-creation and small business message.
“We are exactly two hours into this new adventure, and it’s going great so far. It’s going to be a wonderful and fun ride.” So said Susan Beth, formerly known as Susan Black-Beth, on January 19 about her new job. She’s the operating partner at NRD Capital in Atlanta, the franchisee-controlled private equity fund launched by Aziz Hashim last August that is now gaining steam.
The restaurant industry is embracing the EB-5 program as a way to gain investors, says Dennis Monroe, Monroe Moxness Berg law firm, in a new video with Franchise Times.
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.