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Sola Salon Building 150 Corporate Stores, Going International

As more landlords begin to view Sola Salon Studios in the same light as gig-economy giants like Uber or WeWork—with new stylists bringing attractive books of business with them—the company sees an opportunity to pounce. Its next moves will be building 150 additional corporate stores in the U.S., while also pulling the trigger on its first international locations.
Tom Kaiser
September 21, 2018, 11:05 am

Re-Order Technology Enables QSR Table Service

There’s a lot of buttons, tablets and doodads starting to clutter restaurant tables these days, and some of them are actually pushing sales.
Nicholas Upton
September 21, 2018, 9:47 am

101 Mobility Relies on Reviews, Custom Products to Grow

“Sorry, a truck just went by,” said Dave Pazgan, president of 101 Mobility, as he pulled over to the side of the road to talk about his brand’s sales performance on the Franchise Times Top 200+, and at the same time demonstrated the mobility in his franchise’s name.
Beth Ewen
September 20, 2018, 9:26 am

NLRB Rollback a Return ‘to the Land of Sanity’

In a major walk-back for the franchise industry, the National Labor Relations Board seeks to return to prior guidance on joint employer issues.
Nicholas Upton
September 19, 2018, 3:31 pm

Ace Chief ‘Leveraging Physical Stores in Digital World’

Think bricks and mortar retail is on the ropes? Don’t tell the CEO of Ace Hardware, who shared his strategies for boosting the hardware chain’s systemwide sales last year by 6.5 percent as part of our Franchise Times Top 200+ coverage.
Beth Ewen
September 19, 2018, 11:41 am

Blended Burger Project Just a Glimpse into Larger Meat Alternative Movement

New York’s food-focused James Beard Foundation is working to make food both more delicious and more sustainable with its Blended Burger Project. Adding mushrooms to burger creations is not only a more flavorful option with less calories; it saves time and money by replacing meat with plant-based proteins, according to the foundation.
Laura Beier
September 18, 2018, 2:26 pm

Operators ‘Wait and See’ as Hurricane Florence Makes Landfall

Hurricane Florence is just hitting the coast of North and South Carolina, and restaurant operators are preparing for a rough week.
Nicholas Upton
September 13, 2018, 3:55 pm

Red Roof Inn Beefs Up Development Amid Hotel Boom

We glean countless stories and industry trends from our exclusive Top 200+ data that’s coming out in the October issue of Franchise Times—more, in fact, than we can fit in the magazine. One of many bright spots in the hospitality category is Red Roof Inn, which has added to its franchise development team as consumers are traveling more than ever.
Tom Kaiser
September 13, 2018, 8:58 am

The math that counts – accounting and finance for franchisors

Once a franchise relationship is in place, it’s time to get to work – and whether the franchise sells shoes or makes hamburgers or offers in-home medical care, the common work of all franchise systems is to make money. Among other things, this means someone has to do the accounting.
September 12, 2018, 2:43 pm

Buffalo Wings and Rings Tests One-Time Franchise Fee

In an effort to enhance growth among multi-unit franchisees, Buffalo Wings and Rings is testing a one-time franchise fee.
Nicholas Upton
September 6, 2018, 3:24 pm

Joint Employer Still a Key Issue for IFA on Capitol Hill

Great Clips’ 1,200 franchisees employ close to 40,000 people across the brand’s 4,300 locations, said Steve Hockett, CEO of the Minneapolis, Minnesota-based hair salon brand. “And their employees cannot be our employees,” continued Hockett. “It’s a huge distinction and there needs to be clarity.”
Laura Michaels
September 6, 2018, 12:34 pm

Caruso Joins WSFS to Lead SBA Efforts

Longtime franchise finance executive Candice Caruso recently joined WSFS Bank to head up its SBA lending to small businesses, including the franchise sector.
Mary Jo Larson
September 5, 2018, 3:00 pm
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Kitchen Royalty: 5 reigning chefs in franchising

These finance chiefs are stewards of growth

Dad’s guinea pig’ now helms Learning Rx in The Boss

No troughs for Rent-A-Center owner

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Catering player takes Wetzel’s into China

Hong Kong provides easy Asian entry

Mosquito Squad mission turns personal in Kenya

Franchising’s fans grow in Czechia, in Country Profile

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Conferences

Cosmopolitan HotelRestaurant Finance & Development Conference
November 12-14, 2018
Wynn/Encore Las Vegas
Find financing and make deals at the best networking event in the restaurant industry.

 

RioFranchise Times Finance & Growth Conference
May 7-9, 2019
Rio, Las Vegas

Franchising's premier investment event brings together lenders, investors, franchisors and multi-unit franchisees.

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Resources

Top 200+ Franchises

The 10 largest franchise brands roared back in 2016 after losing sales the prior year for the first time in the history of the Franchise Times Top 200+. Adding an impressive $7.8 billion in combined global sales during 2016, the top 10 companies grew sales by 2.8 percent.

Vendor Directory

The Franchise Times Vendor Directory is the go-to resource for finding a partner to grow and prosper in the franchise community. This involves everything from legal support, to business services, technology and products/supplies.

Finance & Real Estate Directory

The news on the street may be that money is getting harder and harder to find, but that does't mean finance sources are. Take a look at our list of specialized lenders and pick up the phone and start the relationship.

Top Attorneys

In each April issue of Franchise Times, we feature our annual list of the industry's Legal Eagles: Franchise lawyers at the top of their game, the rainmakers, the go-to guys, adversaries and clients alike.