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J.P. Morgan Expands Coverage of Franchise and Restaurant Clients, Launches Dedicated Industry Group

J.P. Morgan’s Commercial Bank has announced the launch of the Franchise and Restaurant Group within its Middle Market Banking & Specialized Industries business and has appointed Michael Pura to lead the effort.
November 12, 2018, 11:00 am

UK, China Named Most Attractive Markets for International Growth

There are a lot of brands pondering global growth, and scholars say the U.K. and China are especially attractive depending on the goals.
November 9, 2018, 4:21 pm

Tough Mudder Splits Off Bootcamp Business

Will Dean, founder of CEO of Tough Mudder Inc., announced that the company is in the process of securing a capital investment that will include spinning off the upstart fitness business, Tough Mudder Bootcamp, into a separate enterprise from the well known, action-packed endurance events held across the globe.
November 9, 2018, 8:24 am

‘Cute Doesn’t Cut It’ When Telling Your Brand’s Story

It’s important to tell your brand’s story online, which is where essentially all potential franchisees begin their search, points out Joseph Mathews, CEO of Franchise Performance Group, during the IFA's Emerging Franchisor Conference. And serious candidates want serious information.
November 8, 2018, 5:49 pm

Franchisors Are Like Good Parents, Ben & Jerry’s Exec Says

At the Emerging Franchisor Conference in Miami, young and established brands alike share their experience and advice, including being clear about the "never evers."
November 8, 2018, 12:53 pm

Xponential Adds Pure Barre to Fitness Brand Portfolio

With more than 500 studios in the United States and Canada, Pure Barre is the seventh brand to join Xponential Fitness, the parent company founded in 2017 by Anthony Geisler and backed by Snapdragon Capital to grow specialty fitness brands.
November 2, 2018, 3:24 pm

COO Part of Prize in Painting with a Twist Purchase

Painting with a Twist gained 20 units in nine states when the New Orleans-based brand acquired Bottle & Bottega, but that wasn’t the biggest prize from the transaction. That would be Nancy Bigley, co-founder and CEO of Bottle & Bottega, who will now be COO of the much bigger brand.
November 1, 2018, 3:49 pm

UK Survey Firm Yumpingo Aims for Actionable Data Only

There’s nothing like opening up a survey, any survey, and seeing a massive list of personal questions. Is this the doctor’s office or a French fry survey?
November 1, 2018, 12:34 pm

Ivan Orkin Is ‘Gift of a Client’ for New Corlex Capital

The first deal out of the gate for Corlex Capital is a doozy—the new private equity firm has signed Ivan Orkin, the celebrity chef known as the king of ramen, to develop and scale his new as-yet-unnamed concept, attract investors and ultimately franchise it, says Jeffrey Kolton.
October 31, 2018, 4:09 pm

Franchised Dog Bar Spurs Infinite Ideas

Mutts Canine Cantina is a Texas-based franchise that’s a hybrid between a bar/restaurant and a dog park. As an enthusiastic dog owner, this spurs a blizzard of new franchise ideas.
October 31, 2018, 1:12 pm

Hangin’ Tough with Emory Law Prof, Ex-Holiday Inn Counsel

Third-year law students at Emory University School of Law in Atlanta filed into Mort Aronson’s class this week on a late Wednesday afternoon, as they have every fall semester for the past 24 years, and I was there as guest speaker to witness the sweet rapport he has with students.
October 26, 2018, 3:06 pm

After Exit, Liberty Tax Founder Plans Launch No. 3

John Hewitt, founder of Jackson Hewitt and Liberty Tax Service, is planning a third launch of a tax prep franchise in March, when his non-compete expires, under the Loyalty Brands umbrella. "It was the worst battle ever," he said about the tumultuous past 18 months at Liberty Tax.
October 26, 2018, 11:34 am
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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.

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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.