Recent reports show that funds may be in short supply, but owners aren’t to be deterred.
More people are looking to take control of their financial situation in an uncertain economy, and for some that means leaving the corporate workplace and investing in startup business endeavors.
Sometimes a major franchise finance issue can cause a chain to close up shop, though this has only been a temporary hurdle for select organizations.
Since 2007, most of the market has been struggling to recover from a marked economic downturn, but results from a recent International Franchise Association (IFA) study show that franchise financing and the industry as a whole may finally be out of the woods.
Yum! Brands, best known for its chain restaurants Pizza Hut, KFC and Taco Bell, announced a change in leadership and plans to expand the company’s global footprint.
As one of the top 10 fastest growing franchises in the U.S. as named by Entrepreneur Magazine, 7-Eleven is making headway in revamping its inventory process, introducing targeted products and expanding its physical operations.
As the corporate face of Applebee’s and IHOP, DineEquity recently earned a ‘B’ credit rating from Fitch Ratings despite a mixed first quarter, a good sign for the franchise’s financing.
Small businesses and franchise start ups can face a gamut of tests within their first year of operation. Some successful corporations have noticed this trend and are stepping in to try and assist potential owners with the difficult process of starting out.
In its annual review of the top 100 global franchises Subway was named at the top of Franchise Direct’s rankings.
Where do I start? The best exit strategy is one that has unfolded over the course of years. It is never too early to begin an exit strategy. You should have had one on the day you signed your franchise agreement. In addition, you should review your goals annually. Part of the review should focus on your exit timing. If … Read More