According to a recent article in the Wall Street Journal, “if franchisees could borrow all the money they need this year, they could purchase over 41,000 new or transfer businesses and create an astounding 333,000 new jobs.”
Tag: franchise
Are You Ready To Franchise? New Article On AmEx Open Forum
There’s a great new article by Katie Morell posted today on AmEx Open Forum. The article discusses the key considerations for entrepreneurs who are thinking about franchising their business. Of course, I am a little biased as I’m quoted extensively in the article.
Nevada Franchise Business Network Meeting: April 13, 2011
The next meeting of the Nevada Franchise Business Network is scheduled to occur on Wednesday, April 13, 2011 at Cili restaurant in Bali Hai Country Club, 5160 Las Vegas Boulevard South, Las Vegas, NV 89119. The topic of the meeting is “Financing Options for Franchisors: SBA Packaging and Placement,” and will feature Judy Aragon, C.S.C., with the American Association of Government Finance.
Capriotti’s CEO Talks Expansion Plans
Las Vegas-based Capriotti’s Sandwich Shop is looking to expand. The company is looking for expansion deals that would commit well-funded buyers to open a number of stores in defined territories. This strategy can work very well for a franchise company, so long as it understands at the outset how using development agreements for expansion is fundamentally different from growth through adding single-unit operators.
Nevada Development Authority Dinner Highlights Reasons Why Las Vegas Is “Best Business Climate In The U.S.”
On February 16, 2011, Armstrong Teasdale and the accounting firm Fair, Anderson & Langerman co-hosted a dinner with the Nevada Development Authority for franchisors attending the International Franchise Association’s 51st annual convention in Las Vegas. The theme of the dinner, which was held at the world-famous RM Seafood restaurant, was why Las Vegas is “the best business climate in the U.S.”
Wall Street Journal’s Article On Key Franchise Lawsuits
Today’s edition of the Wall Street Journal has a short, but interesting, articleon a handful of the key lawsuits between franchisors and franchisees that made waves in the franchising community during 2010. Two of the cases mentioned have been discussed previously on this blog: Awuah v. Coverall, and Burger King National Franchisee Association v. Burger King. The article provides a good, if brief, summary of the decisions and their potential ramifications on the franchise industry as a whole.
Forward Franchising 