“To me it’s all about fairness,” said Catherine Monson, CEO of FASTSIGNS, when it comes to the franchise agreement she asks franchisees to sign. She and two others spoke on a panel about franchisor/franchisee collaboration at the International Franchise Association’s Legal Symposium in Chicago, May 3-5.
Have you tried poutine yet? If not, you might get your chance soon, as the Quebecois-derived heart attack in a dish (fries, gravy and cheese curds) is on its way into the United States in a big way. Smoke’s Poutinerie, the “world’s largest and original poutinerie” is a Canadian franchise that has bold plans to open 800 locations in the United States and 1,300 locations worldwide within the next five years.
As Mother’s Day approaches, Another Broken Egg Cafe’s 51 locations are preparing for its busiest weekend of the year. Founder and CEO, Ron Green, estimates that his units will go through 580,000 eggs, with customer counts projected to exceed 900 people at each location before 2 o’clock.
When Debra Shwetz opened the first Nothing Bundt Cakes bakery in Las Vegas 17 years ago, one of her earliest customers was a wet blanket, she told the audience at the Franchise Finance & Growth Conference in Las Vegas last week.
It’s been a long road to good fortune for Allie Mallad, CEO of Massage Green International, who said his small size as a youngster was an advantage and told this story at the Franchise Finance & Growth Conference in Las Vegas last week.
With skyrocketing chicken and beef prices, California’s drought and Minnesota’s bird flu outbreak, restaurant watchers have also taken notice of this year’s historically unpredictable food prices.
After peaking at nearly 650 restaurants, and then shrinking drastically, the current owners of Roy Rogers are re-franchising the brand with a goal of doubling the number of locations within five years.
You’re not just hunting for capital, when looking for a new investor. You’re looking for a partner to build a bigger business. So said Greg Flynn, Flynn Restaurant Group, at a panel today featuring three winners of this year’s Franchise Times Dealmakers awards.
Communication is key when franchisors roll out changes that cost franchisees money, according to a panel exploring the topic, “What do franchisees want?” at the Franchise Finance & Growth Conference Tuesday morning in Las Vegas.
Years ago there was a debate in franchising centered on whether franchisees qualify as true entrepreneurs. After all, they were “just” following a game plan the franchisor dreamed up.
Roark Capital Group has acquired Driven Brands, a nationwide franchise automotive company, from Harvest Partners. Driven Brands’ CEO, Jonathan Fitzpatrick, will continue to lead the business, which will remain headquartered in Charlotte, N.C.
Fast-casual seafood chain, Captain D’s, in the middle of a reinvention centered around beachy restaurant redesigns, a retooled, healthier menu and increasing its share of franchised locations.
Legacy Concepts answered Dunkin’ Donuts call to re-introduce the coffee-and-donuts brand to the Twin Cities in Minnesota, a state it abandoned when it closed its last store in 2005.
After becoming the CEO of Jackson Hewitt at 31, Dan Tarantin is now the head of Chem-Dry and N-Hance international home service brands.
Brent Dowling, COO of franchisor consultant RainTree, counts three mistakes often made by emerging franchisors in their quest to grow, and he offers them in response to Franchise Times’ Living Large column, which is following young franchisors all year to see how they tackle various challenges.
Welcyon, the Edina, Minnesota-based chain of health clubs for people over 50, has a new design executives hope will appeal to choosy baby boomer clients with sophisticated tastes.
Three new franchise clients push the total to 11 for ApplePie Capital, the fledgling website connecting investors to franchise loans in a version of crowdfunding. They are Brain Balance Achievement Centers, Brightway Insurance and Capriotti’s Sandwich Shop.
GE said it would sell most of its GE Capital assets by 2018, in a move to refocus on its industrial businesses. GE Chairman and CEO Jeff Immelt said market conditions are favorable to pursue the sale of GE Capital assets not specifically tied to it industrial units. What does that mean for GE Capital, Franchise Finance, one of the largest lenders in the restaurant finance arena?
As Bojangles' looks to go public, most analysts expect another stock market pop in the mold of Shake Shack and other recent franchised restaurant brands.
David Kaiser, VP of Great American Cookies, on the appeal of the Middle East for American brands, and its major initiatives for 2015.