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.
There are a lot of brands pondering global growth, and scholars say the U.K. and China are especially attractive depending on the goals.
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.
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.
At the Emerging Franchisor Conference in Miami, young and established brands alike share their experience and advice, including being clear about the "never evers."
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.
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.
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?
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.
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.
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.
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.
Dunkin’ ditching Donuts (in name only) seems like one of those reincarnations we may look back on with a laugh in future years. I’m skeptical the company can achieve its objective of being a beverage-focused brand with a lame new name.
Many restaurant franchises now have digital delivery options, but customers may be unaware of their array of choices. Black Bear Diner, a California-based family restaurant concept, rolled out its new partnership with third-party delivery brand DoorDash by offering guests an attention-getting full week of free delivery.
In a new partnership with Franchise Times, investment bank Cowen did a quick check-in on third-quarter results with a collection of franchisees across the country.
As some restaurant brands deal with contentious relationships with their franchisee associations, Church’s Chicken wants to enhance collaboration between corporate leadership and operators, forming an Excellence Advisory Council to help address improvements to the system.
Just when the restaurant industry has figured out what millennials want, the next crop of employees is coming up.
Like he focused on the block and tackle, Indianapolis Colts Super Bowl champion linebacker Gary Brackett is laser focused on ROI.
Denise Wang and Chris Li are banking on art education's global appeal as they launch Abrakadoodle in Australia. The couple already has experience in franchising, having brought the My Gym brand to Sydney last year.
A new report co-authored by a handful of public interest organizations doles out failing grades to 22 of the 25 largest burger chains in the U.S. because of their continued use of antibiotics in the beef they sell. While there’s no questioning the added expense of going antibiotic free, this kind of negative press does the franchised restaurant industry no favors.