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Job Growth in Franchising Slows in 2018, ADP Report Says

The franchise sector added nearly 140,000 jobs in 2018 for a growth rate of 1.82 percent, according to a new study by the ADP Research Institute. That was down from the year before, when 212,000 franchise jobs were added for a growth rate of 2.74 percent.
Beth Ewen
December 14, 2018, 1:02 pm

Jollibee Takes Sole Ownership of Smashburger

With full ownership of the brand, Smashburger’s 351 stores join Philippines-based restaurant giant Jollibee, which itself has more than 4,300 units across a dozen brands in the Philippines, China, Vietnam and elsewhere in Asia. Smashburger accounts for 7 percent of Jollibee's systemwide sales, which were $3.4 billion last year.
Laura Michaels
December 14, 2018, 12:55 pm

New Franchise Handbook Helps Readers Compare & Contrast

Would you like to know which franchises in some 180 industry sub-categories have the highest to lowest average unit volumes? You would? We thought so, and so for the first time we included that information in The Franchise Handbook, our brand new resource for readers available January 1.
Beth Ewen
December 14, 2018, 12:07 pm

The Better Beef Wars Continue With Antibiotics

Both McDonald’s and Wendy’s announced big changes to supply chains to cut down on the use of antibiotics in beef.
Nicholas Upton
December 13, 2018, 3:21 pm

Sentinel Capital Adds Pet Store Franchise to Portfolio

When private equity acquisition news makes the headlines it’s often for a big-name restaurant buy. But as this recent move by Sentinel Capital Partners shows, retail franchises can prove just as attractive.
Laura Michaels
December 13, 2018, 1:39 pm

How Angry Crab Shack Is Bringing Spicy Seafood to 'the Forefront of America'

Noticing a recent trend of more Asian-inspired cuisine in the U.S., Angry Crab Shack founder Ron Lou seized the opportunity to bring traditional spicy seafood dishes to the states. Lou has 40-plus years of experience in the restaurant industry and his full-service casual concept has grown to seven locations across Arizona in just five years.
Laura Beier
December 11, 2018, 11:13 am

Subway Inks Four Partnerships, Dives Deep Into Delivery

Mega-sandwich brand Subway is going its own way with new agreements with four of the largest delivery providers. These new partnerships could dramatically increase Subway’s overall share of delivery, and also shift the economics of delivery in smaller markets across the U.S.
Tom Kaiser
December 11, 2018, 10:09 am

Vote for Your Favorite Franchises in 3rd Annual Franchise Times Zor Awards

Show your enthusiasm for the best franchises in the industry with the Franchise Times Zor Awards, recognizing the best companies in 10 hot industry segments.
Tom Kaiser
December 9, 2018, 8:28 am

Franchise governance: The best plan is to have one

Some of the challenges franchisors have to deal with are ones that receive plenty of scrutiny—such as how to select franchisees, how to structure a franchise, ways to manage the relationship, branding issues, or finance.
December 7, 2018, 3:53 pm

Attorneys Run Down Most Interesting Cases of 2018

Anti-poaching clauses topped the list (or at least kicked off the webinar) of the most interesting developments in franchise law in 2018, as presented by three Gray Plant Mooty attorneys this week.
Beth Ewen
December 7, 2018, 3:45 pm

Rising Interest Rates Not the Worst Restaurant Worry, RFDC Panelists Say

Rising interest rates are on the minds of restaurant operators, but even though they’re about a full point higher than they were a year ago they’re still not the biggest cost concern, according to expert panelists at the Restaurant Finance & Development Conference last month.
Beth Ewen
December 7, 2018, 3:14 pm

The Work Lodge Begins Franchising

Shared coworking spaces remain hot in this economy of countless startups and shrinking workplace square footage. The latest entering the franchising world is The Work Lodge out of Houston that just signed its first franchise agreement for Fort Worth, Texas.
Tom Kaiser
December 6, 2018, 3:51 pm
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Meet the restaurant Medicis of Salt Lake City

‘New franchise. McDonald’s. Call Ray Kroc.’

TCBY neophyte now up to 22 stores

‘Pick up the phone and take the heat’—advice from Pure Barre chief, in The Boss

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Technology is rising sector in Poland, Country Profile reports

Pie Hole tries Saudi Arabia growth

Free trade a priority in New Zealand, in Country Profile

Catering player takes Wetzel’s into China

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Top 200 - Last Call! Submit your Top 200 information now.
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Conferences

RioFranchise Times Finance & Growth Conference
May 6-8, 2019
Rio, Las Vegas

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

 

Bellagio HotelRestaurant Finance & Development Conference
November 11-13, 2019
Bellagio, Las Vegas
Find financing and make deals at the best networking event in the restaurant industry.

 

 

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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.