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Log In / Register | Jul 30, 2016

Franchisees, Negotiate the Rental Rate

It should come as no surprise that rent can be one of your three major business expenses, if not the largest.

Importance for Franchise Tenants of Time, Timelines and Timing with Commercial Leases

In Negotiating Commercial Leases & Renewals for Dummies, it is shown that the leasing process can take differing amounts of time, depending on whether you are opening your first or fifth franchise store location.

Nathan’s Famous Turns 100! Board Director Wayne Norbitz Recalls History

Nathan Handwerker
Founder Nathan Handwerker, circa 1955 (photo courtesy of Nathan's)

BROOKLYN, N.Y.—At one hundred years old, Nathan's Famous is arguably America's oldest quick service restaurant chain that has franchised restaurants. On July 4th, it will be the gathering ground for the wiener world when Nathan's holds its annual Fourth of July hot dog eating contest.

To Head Lease or Not to Head Lease?

In the franchise industry, the franchisor or the franchisee could sign the “head lease” with the landlord. By doing so, either party becomes the “head tenant”.

2015 Restaurant Franchisee Profitability Reporting and Implications

I’ve noted the reluctance of virtually all restaurant franchisors to report the profitability of franchised stores. But there are a few franchisors that do.

Is Your Franchise System on The Right Track?

See how your brand stacks up against the Top Ten traits of high-performance brands.

Incubator Plan and Fast Casual franchise Between Rounds Café offer Fresh Start

Fast casual dining is the fastest growing segment in the restaurant industry.

Part-Time Business Turned Empire through Team Success

"You can have everything in life you want, if you will just help enough other people get what they want," said renown salesman and motivational speaker Zig Ziglar. His truism seems applicable to a former safety officer, who turned his part-time business into what he describes as an "Empire".

Tribute to the Late Pete Harman, a Franchisee Giant

Colonel Sanders and KFC's first franchisee Pete Harman
L-R: statues of franchisor H. Sanders & KFC's 1st franchisee P. Harman, photo/bmm

Pete Harman struck the first chicken recipe deal with his good friend Colonel Harland Sanders back in 1952, putting them both on course to becoming franchise legends.