Real Estate
Finding the best real estate for your franchise is challenging and competitive, whether building anew or remodelling an existing location. Site selection is complicated and “A” locations are both hard to come by and expensive. Using a real estate broker to help find the optimal sites and negotiate the best contract is common practice. Seek legal advice to ensure you’re receiving the optimum tenant improvements and landlord benefits.
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Robert Schermer, Jr., CEO of Meritage Hospitality Group in Grand Rapids, Mich., hails from the school of life that says, "Go big or go home."
- Debbie Selinsky
- 30,124 Reads 1,021 Shares
Are your real estate commission dollars working as hard as you are? You can put your commission dollars to work by aligning your interests with those of your real estate broker. Take control of the commission process and base compensation on results.
- Randy Airst and Susan Airst
- 33,708 Reads 6 Shares
Pedro Giorgana loves being a home-based franchisee of A Buyer's Choice Home Inspections and iHandyMan. He has time for his family and personal life and still gets to work with and assist his customers daily. It's been a rewarding and successful blend for him.
- Multi-Unit Franchisee
- 35,498 Reads 5 Shares
Robert Schermer, Jr., left his career in corporate finance 18 years ago to join Meritage Hospitality Group in Grand Rapids, Mich. In 1998, the company operated 22 Wendy's restaurants in Michigan; today it operates 177 in 8 states and also has four original casual dining concepts.
- 24,762 Reads 11 Shares
Franchising has proven to be a successful and popular business model since its mainstream inception many decades ago. Three constants have fueled its growth: the desire to expand, the need for capital to fuel that expansion, and the goal of operating seamlessly across large geographical distances.
- Dean Zuccarello
- 23,160 Reads 4 Shares
Tshimanga "Tim" Biakabutuka, born in Kinshasa, Republic of Zaire in 1974, came to the U.S. with his family when he was just 6 years old. The family settled in Canada, in the Montreal area.
- Kerry Pipes
- 23,496 Reads 23 Shares
Oklahoma multi-unit franchisee applies his military background and training to how he operates his 4 franchise locations. The common theme to his success is 'team.'
- Multi-Unit Franchisee
- 19,568 Reads
Texas multi-unit franchisee and Multi-Unit Franchising Conference board member Bill Hall elected to serve as IFA's treasurer.
- franchising, leadership, dairy queen, multi-unit franchisee, investing, ifa
- 14,941 Reads 7 Shares
California mega franchisee Sunny Ghai shares his insight on how he evaluates adding new brands.
- Multi-Unit Franchisee
- 15,779 Reads 17 Shares
As senior vice president and chief investment officer of Impact Properties, Shirin Kanji is in charge of all of the Tampa-based company's investment-related activities.
- Helen Bond
- 12,871 Reads 12 Shares
Multi-unit franchisee Gary Moore has spent most of his life in the restaurant business, assuming nearly every available job title along the way.
- Helen Bond
- 11,936 Reads 1,021 Shares
Study says franchise businesses to continue growth trend in 2016, outpacing economy-wide pace. But regulations continue to impede potential
- Multi-Unit Franchisee
- 12,561 Reads
Cambridge Franchise Holdings acquires 42 more Burger King restaurants and 5 convenience stores in Tennessee, Mississippi, and Arkansas.
- Multi-Unit Franchisee
- 15,052 Reads 3 Shares
New Franchise Business Review "Best of the Best" report highlights the most satisfied franchisees in the business.
- Multi-Unit Franchisee
- 11,764 Reads 3 Shares
There are many misconceptions about how to go about valuing your business. In general, most business owners have a value in their mind that is usually several times more than the actual value a sophisticated, competent buyer ultimately pays.
- Rod Bristol
- 17,020 Reads 10 Shares
There are many misconceptions about how to go about valuing your business. In general, most business owners have a value in their mind that is usually several times more than the actual value a sophisticated, competent buyer ultimately pays.
- Rod Bristol
- 18,976 Reads
Many of the topics we address as a firm focus on the technical aspects of a transaction, such as market observations, quantitative measurements, and other deal points, but seldom do we discuss the emotional side.
- Dean Zuccarello
- 7,328 Reads 3 Shares
Many of the topics we address as a firm focus on the technical aspects of a transaction, such as market observations, quantitative measurements, and other deal points, but seldom do we discuss the emotional side.
- Dean Zuccarello
- 8,910 Reads
After several months of testing after an initial diagnosis by your family doctor, you now must schedule surgery for a heart condition.
- Dean Zuccarello
- 13,150 Reads 2 Shares
Taking risks can pay off in big rewards. After experiencing the exhilaration and ROI of risk taking, you'll wonder how you ever lived without it.
- Scott Petinga
- 7,035 Reads 28 Shares
Historically in franchising, real estate was coveted as a key strategic asset. Most franchisees overwhelmingly preferred to acquire the real estate as part of any new development and/or acquisition they were contemplating.
- Dean Zuccarello
- 8,048 Reads
Now is a great time to consider selling your franchise restaurant. Here are three steps that will help you get the most out of the deal.
- Kevin Burke
- 13,915 Reads 34 Shares
If you're planning to give or receive an inheritance there are three things you'll need to know. Financial consultants say proper planning will help you and loved ones avoid regrets.
- Multi-Unit Franchisee
- 10,684 Reads
Two diverse partners blend together to be active in their Checkers franchiser business and their community.
- Multi-Unit Franchisee
- 7,752 Reads
Bobby and Lori Forrest have one of the highest multi-store averages in the Sport Clip system. Together they have bought existing under-performing stores and turned them around consistently. As a husband-and-wife team, their strengths and weaknesses complement each other.
- Multi-Unit Franchisee
- 9,434 Reads
Corporations are holding record levels of cash, interest rates are low and the housing market is rebounding.
- Multi-Unit Franchisee
- 10,305 Reads 1 Shares
Some would say find what you do best and stick with it. If you've been successful with food franchising, then stay in that lane.
- Debbie Selinsky
- 27,840 Reads 8 Shares
You've probably heard of emotional eating, but financial advisor Matthew T. Shafer says emotional investing is a problem that needs to be recognized society-wide, especially since the economy has been in such sharp focus this past half decade.
- Multi-Unit Franchisee
- 6,548 Reads 16 Shares
In March 2013, U.S. banking regulators issued new guidance designed to curb increasingly aggressive lending by both banks and finance companies.
- Dean Zuccarello
- 5,404 Reads
Ted Kergan's path to success as Louisiana's largest Sonic Drive-In franchisee has been marked by hard knocks.
- Debbie Selinsky
- 9,561 Reads 1 Shares
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