As franchise disclosure documents trickly out after the historically strange last year, it's worth exploring how franchised concepts broke down the financial performance. The sandwich category is among the most volatile in all of restaurants. Pre-pandemic, they had a huge portion of off-prem…
“I have never been so caffeinated,” quipped Sanjiv Razdan, the newly announced president of the Americas and India for The Coffee Bean & Tea Leaf.
“Material change,” “reasonable basis” and “historically accurate” are phrases franchisors are—or should be—intimately familiar with, especially as they prepare 2021 franchise disclosure documents and consider the inclusion of financial performance representations in Item 19.
The more detailed your Item 19 is, the better—unless it turns into a 100-page document that no one will ever read, said Eric Simon, vice president of franchise sales and development for The Joint Chiropractic. With 20 years of franchising experience under his belt at various concepts, rangin…
Ask any franchise operator how things are going, and they'll likely tell you they can't find anyone to work. Even as unemployment remains elevated compared to pre-pandemic levels, employers are struggling to find help.
The opening of Fuzzy’s Taco Shop in Minneapolis last week represented two big firsts for the Texas-based concept: its first restaurant in Minnesota and the debut of its new to-go focused taqueria model.
One of the saving graces for Nothing Bundt Cakes during COVID-19 was making an addendum to its franchise agreement to allow for a national paid media buy, said CEO Kyle Smith. Previously, the brand invested in marketing in each bakery based on forecasted sales, so when everything came to a h…
Removing financial performance representations from Item 19 of the franchise disclosure document might seem like the simplest solution this year given the upheaval in business operations wrought by the COVID-19 pandemic, but franchise attorneys cautioned it might not actually be the smartest move.
One of the best things about going out to a restaurant is trying new, exciting cuisine or foods you'd never cook at home. Something like prime rib. Sure, it's possible to cook that at home, but who really wants to spend multiple hours on dinner?
If Mark Kelegian has his way, Randy’s Donuts will become the In-N-Out Burger of the donut world.
Is Bruster’s Real Ice Cream “pandemic-proof”? The phrase has mostly described concepts in the “essential” busine…
Swim instruction concept Aqua Tots is celebrating a lot of milestones lately. The company hit location No. 100 i…
More than four years ago, Steve and Jill Anderson took what they called a leap of faith, signing the first-ever …
Two Filta franchisees, one a decade-long operator on the West Coast and the other a newbie in New York, show the…
Set to graduate in December with a finance degree from the University of Missouri-Kansas City, Osama Hanif said …
Elaina Watley’s enthusiasm is unmistakable as she describes her path to owning five Amazing Lash Studios, a trip…
After 25 years as a franchisee for Moran Family of Brands, Greg Goodman wanted to develop a new concept of his o…
Grace Huxtable-Mount’s journey to becoming a franchisee of The Learning Experience jumps all over the place, fro…
When she signed on with Chicken Salad Chick, Claibourne “Clay” Rogers jumped from working in franchising to work…
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