Construction
Completing the construction and build-out of a new franchise location requires careful advance planning and dealing with landlords, local regulations, contractors and more, as does reimaging an existing location. Franchisors have specifications for each type of venue and footprint, from end-cap to malls to nontraditional sites such as airports or colleges. The permitting process can be lengthy but using a local expert can help.
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A well-managed supply chain is a boon for your franchise development team
- Eddy Goldberg
- 14,743 Reads 10 Shares
We've all had this experience: We see a store or restaurant we'd hoped to visit, but before we commit to going into the building, we're struck by an uneasy feeling.
- Marc Collopy
- 9,472 Reads 27 Shares
It's not the fact that minimum wages are increasing for some multi-unit franchisees, but more the way officials are going about it that raises questions...and their blood pressure.
- Multi-Unit Franchisee
- 21,785 Reads 5 Shares
Huddle House uses limited-time incentive program to grow, with eight existing franchisees signing new deals. The Atlanta-based brand has plans to open an additional 100 restaurants over the next five years.
- Multi-Unit Franchisee
- 25,066 Reads 5 Shares
Today, at 38, Garrard still works out every day, but he's not just pumping iron in his post-NFL career—he's pumping profits from his two Retro Fitness gyms.
- Kerry Pipes
- 44,578 Reads 5 Shares
Dave Goebel has crammed several lifetimes into his 66 years.
- Debbie Selinsky
- 26,263 Reads 5 Shares
After an extended period of complacency, markets have whipsawed in 2016. Will this level of heightened volatility continue?
- Carol Schleif
- 15,355 Reads 2 Shares
They say everything's bigger in Texas. It's definitely bigger for Texan Michael Knobelock, whose Houston-based MSK Enterprises operates nearly 70 franchise locations spread across 4 different brands and 7 states.
- Kerry Pipes
- 22,073 Reads 28 Shares
Franchisees of all sizes are increasingly discovering that business goes better with outside help. Many have found the key to bottom-line success is to focus on what they do best and find the right fit to outsource the rest.
- Helen Bond
- 12,727 Reads 2 Shares
When we last profiled Jerry Heath in 2010, the Michigan native was busy operating 11 Hungry Howie's pizza restaurants and had recently become involved with Jimmy John's, opening 5 units.
- Kerry Pipes
- 12,322 Reads 2 Shares
Numbers and research notwithstanding, veteran franchisee Brian Smith chooses his brands using his gut instincts. "I like to go with things I believe in and know I can sell," says the Arkansas family man.
- Debbie Selinsky
- 17,946 Reads 6 Shares
Brent Collier earns his bread and butter from tourism. His 16 restaurants from 7 different brands offer something for everyone--from a fun or romantic fondue dinner at The Melting Pot to Sunday afternoons for the family at Golden Corral.
- Debbie Selinsky
- 17,807 Reads 5 Shares
As we saw in graphic detail this past August-October, interim market swings in both directions can be violent. Major markets around the globe experienced their first correction in more than half a decade, only to make it all back up and then some within a couple of weeks.
- Carol M. Schleif
- 13,882 Reads 2 Shares
GPS Hospitality Promotes Founding Partner Brian Arnold To Chief Development Officer As It Continues Expanding Beyond Its 222 Burger King Locations.
- Multi-Unit Franchisee
- 10,574 Reads 1 Shares
As we enter summer each year, businesses with a seasonal sales cycle can change significantly. If you are lucky, this is your busy season with expanded revenue and, hopefully, expanded profits and cash flow.
- Steve LeFever and Rod Bristol
- 10,446 Reads 1 Shares
Longtime friends team up to offer three franchise food brands in Charlotte Douglas International Airport in Charlotte, N.C.
- franchise, franchising, multi unit franchising, franchise update, mult-unit franchisee
- 9,287 Reads 1 Shares
After two decades in franchising, Shahid Hashmi has an aggressive growth plan that he predicts will top $150 million in revenue in the next 10 years.
- Multi-Unit Franchisee
- 24,876 Reads 33 Shares
Franchisees looking for insights into succeeding with a partner can learn a thing or two from multi-brand franchisees Judy Ewing-Lonetti and Sandy Dunn.
- Helen Bond
- 8,756 Reads 1 Shares
IFA Calls Out the Department Of Labor On Radical New "Guidance" For Employee Classification Of Contractors.
- Multi-Unit Franchisee
- 8,430 Reads
When it comes to franchising, Shahid Hashmi has just one regret: he wishes he'd gotten into it earlier.
- Helen Bond
- 12,092 Reads
Golden Corral franchisee uses a people-centered formula that brings success to his business and fuels his desire to give back to his community.
- Multi-Unit Franchisee
- 13,483 Reads 3 Shares
For more than 10 years, I had the distinct good fortune to live and work in the rural and pristine Berkshire foothills of Litchfield, Conn. "The Northwest Corner," as the locals call it, explodes into life in the spring.
- Joe Mathews
- 4,935 Reads
Larry Lee knows a great location when he sees one. After all, he was in real estate and shopping center development before he became a franchisee.
- Multi-Unit Franchisee
- 15,136 Reads 1 Shares
Steve and Joanne Reitz are partners in life and in franchising. Since we last checked in with him (2009, Q4) the two also have been partners in exploring.
- Kerry Pipes
- 10,923 Reads
Mysteries are solved when we use clues to find the culprits behind the crime. Financially speaking, when the crime results in the untimely demise of a business, we often see three usual suspects: low cash, low gross margin, and low net margin.
- Steve LeFever
- 15,691 Reads 4 Shares
As a franchise owner, your employees are likely making purchases on behalf of you and your business, which can conflict with the strong need you have to control expenses and limit risk.
- Toffer Grant
- 6,818 Reads
In 2009, Charles Loflin's life was in high gear and he was racking up one success after another. Then his wife got cancer.
- Kerry Pipes
- 7,622 Reads
We are experiencing a rare alignment of stars in the franchise finance world right now, and it's essential that operators act quickly to take advantage of this situation, before the party's over. To understand the current financing environment, let's take a look at the economic "big picture."
- Dean Zuccarello
- 7,622 Reads
Operating a successful franchise business is challenging enough. Add in family members and things can get really interesting.
- Michele Chandler
- 8,075 Reads
Taking risks is a part of life for Greg Mooneyham. He is, after all, a former Air Force fighter pilot.
- Multi-Unit Franchisee
- 9,597 Reads 493 Shares
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