Investment bank and securities firm Piper Sandler released the first COVID-19-era look at teen consumer sentiment. The company has been checking in with teens for 20 years in a survey series called Taking Stock With Teens to understand young folks and their $60 billion impact on the U.S. economy.

Nothing Bundt Cakes cracked the coveted top 200 this year, landing at No. 196 as it put up impressive sales and unit growth. Executives and franchisees say their tactics aren't all that complicated but require consistency. Like almost any business, it comes down to quality in people, systems and, in this instance, cake.

The worst day ever at Window World, the franchise helmed by Chairman and CEO Tammy Whitworth, is easy for her to cite because of sad circumstances in 2010. “The day Todd died, because of the uncertainty, being scared,” she said about her late husband, Todd Whitworth, age 40 at his death and at the time Window World's chief executive.

At Tom Keller's Kiddie Academy in Des Peres, Missouri, kids can participate in the chess academy, take a cooking class and learn to play soccer. In Pasadena, California, there's child-friendly yoga, while in Edina, Minnesota, karate lessons are part of the enrichment offerings.

One year ago, Wendy's (NASDAQ: WEN) announced it was getting back into breakfast after years without a nationwide program. When the news hit, there were some valid questions about what's different now compared to the several other attempts the company made over the years.

The owners of F45, a fitness concept with more than 2,000 franchises sold in more than 50 countries, was planning a traditional initial public offering earlier this year when COVID scuttled the idea. Instead, Bob Beyer and Todd Purdy, partners at Crescent Acquisition Corp., plan to take F45 public via a merger with its SPAC, a special purchase acquisition company also known as a blank-check firm, a deal type that M&A experts say is on the rise.

If bankruptcy is a tool to help financially distressed firms, as finance experts routinely say, then small businesses for the first time can use it. That's thanks to a new law making it far faster and much less expensive to reorganize under Chapter 11 of the U.S. Bankruptcy Code.

Resources

Congratulations to our 2020 class of Legal Eagles. These attorneys live and breathe franchising and understand the nuances of this unique business model at a deep level.

The Franchise Handbook is the first place to start your journey into franchising. We have selected the best franchise opportunities, financial contacts and vendors to navigate you to success.

When COVID-19 hit and dining rooms were shut down, breakfast and brunch brand Another Broken Egg Cafe struggled with how to stay open and keep staff employed. Morning meal customer transactions have suffered the steepest declines during the pandemic, reported The NPD Group, with those transactions falling by 18 percent at major restaurant chains in June.