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Log In / Register | Nov 18, 2017
News and events that center around the selling and granting of franchise licenses

McDonald's Writeup in Financial Times Has No Mention of Franchisees

Just yesterday, Financial Times penned a very timely article on McDonald's. With great sources and a multiyear perspective, it recapped the last several years of ups and downs and initiatives.

Greg Flynn: Founder, CEO of America's Largest Franchisee

Applebee's at nightGreg Flynn, 51, son of a lawyer, says he didn’t realize the opportunity in franchise ownership until he was 33 and his father, off on one of his frequent post-retirement trips, asked Greg to send him $2 million right away so that he could buy a villa on the Greek island of Corfu.

Changes Ahead for SBA Franchise Loans

SBA logoFranchisees often seek access to funding for their businesses through SBA loans, but changes have been taking place over the last few years and more are in store for 2018. This blog by a legal firm is addressed to franchisors, but the information is just as important and arguably more important to franchisees, who are the debtors.

Kix Mobile Announces “No Fee” Area Development and New Startup Package for Franchisees

The initiatives will save hundreds of thousands of dollars for Kix Mobile franchisees on territory and new store development!

Multi-Unit Franchisee: The Youngest Son

Amin Dhanani, 40, has worked in the franchise business since he was 15. He is Popeyes Louisiana Kitchen's largest franchisee, with 270 units, and also owns 26 La Madeleine French Bakery & Café franchise units. The youngest of 11 children, Amin, who was born in Pakistan, grew up in Houston observing his late father and family members build The Dhanani Group, a hugely successful multi-unit Burger King franchisee that got started in the gas and convenience store business, which it still operates.

Dry Cleaner Franchise Chain Takes Laundry 24/7

OXXO Care CleanersThe Hollywood, Florida-based OXXO Care Cleaners franchise chain takes and delivers laundry 24/7 and is eco-friendly. Founder and CEO Salomon Mishaan grew up in his father's textile business in Colombia, later worked in plastics in Venezuela, and traveled to Europe before he established OXXO in Florida in 2002. His time in foreign countries gave him the advantage of perceiving the backwardness of the dry cleaning business in the U.S., giving him the opportunity to establish something better.

Why Franchisors Hate Their Franchisees

Your franchisor hates you, writes David Chapman. He is the head of an agency that deals with more than 20,000 franchisees on a daily basis, and says his firm consequently often finds itself in the middle of tensions between franchisors and their franchisees.

Obscure Clause Limits Fast-Food-Worker Job Opportunities

Burger King workersTwo well-known Princeton labor economists have zeroed in on a clause that they feel could be having a major effect on pay growth and job opportunities for fast food workers. The clause is not found in any agreements the workers sign, so they are presumably mostly unaware of its existence and the limitations it places on them.

Coca-Cola Franchisee Counteracts Declining Soda Sales & Climbing Taxes to Prosper

It would seem that Coca-Cola franchisees are facing a discouraging sales environment. Carbonated drinks sales have declined for 12 straight years. The public is constantly being warned that the drinks are unhealthy and make them fat.

Griswold Home Care Announces It Is Franchising Again

CEO Matt Murphy receives AAFD award for Griswold from America's franchisees

Home care franchising chain Griswold Home Care announced on August 22 that it has returned to franchising. After stopping the sale of franchises for three years, the franchisor has begun again to actively look for franchise owners.