In the last couple of years we have seen a proliferation of early-stage franchisees selling. Most of these sellers are entrepreneurs and have spent their lives growing a concept. Most notably, we have seen…
Benefit Corporations (BCs) are not limited liability companies, C corporations, S corporations or partnerships. They are a new type of entity that is becoming more popular as many states pass legislation to establish…
A recent article in the Small Business section of the Wall Street Journal, “Local Investing Takes Off” (June 12, 2014), caught my attention. The tagline was, “More entrepreneurs are turning to a new…
When reviewing this year’s Monitor 200 franchisees, it is apparent the large multi-unit franchisees are getting larger and diversifying their holdings. This growth is a result of available financing, the influx of private…
In last month’s lead article “Five Things That Set Good Operators Apart,” Jonathan Maze had a wonderful discussion of the success of large, multi-unit franchisees. One of the things Jonathan pointed out is…
There is no doubt significant credit is available for the franchise community. This credit comes from different sources — large traditional lenders; sale/leaseback providers; smaller, niche lenders; unisource lenders; small or regional banks;…
Dennis Monroe’s latest Restaurant Finance Monitor column, “Some New Thoughts on Labor Costs,” challenges the doomsayers who predict that the impending increases in labor costs will have dire consequences to the restaurant industry. Read…
I’ve been reading everything I can to come to my own conclusions about proper approaches regarding impending increased labor costs for the restaurant industry. I also talk daily with multi-unit operators to get their…
I have seen everything from a salsa and chip kiosk in Iowa to a 20,000-square-foot casual dining jungle. Yet the appetite for new, potentially lucrative restaurant concepts seems inexhaustible. In today’s market, with all…
