January 2013

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Who's making, losing, lending and spending money
Apple American Branches Out

Apple American Branches Out

Apple American Group has done just fine by focusing on one concept, Applebee's. It's done so well that it could well be the largest restaurant franchise in the country. So why is Greg Flynn now getting into Taco Bell? "It's simple math," said Flynn, CEO of the San Francisco-based Apple American Group. "If you add 10 units from a base of 10, that's good growth. If you add 10 from a basis of 480, it's not." The upshot: if Flynn's company was to maintain a strong growth rate, it needed to get into something else. So two years ago, the company started taking a comprehensive look at the restaurant industry and ultimately concluded that Taco Bell was a good bet, thanks largely to its lack of direct competition in the ultracompetitive restaurant market.

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Give 'em comfort: Franchisor outlines his concept for the banks

Give 'em comfort: Franchisor outlines his concept for the banks

Bin There Dump That got the rare opportunity to give the best information about their concept in front of a group of bankers. How'd that happen?

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How Subway's Growth Keeps Accelerating

How Subway's Growth Keeps Accelerating

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More Modest Improvement For The Franchise Sector

Franchising may finally be feeling its post-recessionary boost. One of the more overlooked signs of the severity of the recent recession was its impact on the franchise business sector. Traditionally, franchising grows with recessions as the unemployed seek business opportunities and are fueled by readily available credit thanks to a government that keeps interest rates low, fueling lending. That didn't happen this time: the number of franchise locations fell three straight years from 2009 through 2011, including a 3.5-percent decline in 2009.

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Brentwood Sells Pizza Hut Franchisee

Brentwood Sells Pizza Hut Franchisee

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Who's making, losing, lending and spending money

About This Blog

News, notes and commentary on franchise financing, including SBA lending, both the SBA 7(a) program and the SBA 504 program, franchise finance programs, development incentives, big deals and startup lending.

  Mary Jo Larson is the publisher of Franchise Times Magazine and its sister publication, the Restaurant Finance Monitor. She is a frequent speaker at meetings and conferences, and at the Restaurant Finance & Development Conference. You can find her on Twitter at @mlarson1011.
  Reporter Jonathan Maze covers restaurants and finance for Franchise Times. He also writes for our sister publication, The Restaurant Finance Monitor, and writes a daily blog on the restaurant industry at www.restfinance.com. You can also catch him on Twitter at @jonathanmaze.

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