For the last several years, growth in the franchise world (in terms of new units opening) has been slow. The reasons are obvious: The economy has not grown at the pace we would all…
Franchise agreements are frequently criticized as being over-reaching in protecting the franchisor. While criticism is justified in many cases, more and more franchisors are realizing a balancing of the parties’ interests is necessary for…
As a business owner, you either have existing debt financing, are currently working on debt financing and/or at some point in the future will be seeking debt financing. It is simply the nature of…
Two of my partners, John Berg and Scott Husaby, have spent a great deal of time as panelists on the Franchise Times Exit Strategies Seminar Series and have been travelling around the country speaking…
In these volatile economic times, the challenge every franchisor faces is effectively monitoring the financial health of a franchise system. This type of monitoring is not just a luxury, but a necessity. Prior to…
As covered in last month’s column, there were a number of positive developments in franchise finance in 2010. In addition, the franchise trade press has been active with reports of many encouraging developments. Still,…
Each year I reflect back on the high points of the previous year and look at the ideas, transactions and developments I think had the greatest positive effects on financing for the franchise community….
From food costs to fiscal health: a half-dozen areas to double-check Old benchmarks are being exacerbated by the economic downturn and the change in consumer attitudes. Here’s how to redefine the long-standing benchmarks for…
Mining the Benefits from the Onslaught of New Tax Law Changes Much has been written about taxes this year, so I’ve asked my partner, Rick Gibson, an attorney and CPA (inactive) to collaborate on…
