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Log In / Register | Jul 17, 2018
News and events that center around the selling and granting of franchise licenses

Tires on the Easy Payment Plan

When people find that their tires need to be replaced, they often don't have the money conveniently available. Larry Sutton, now 66, saw the opportunity in this situation years ago and founded RNR Tire Express back in 2000. Its concept was simple: offer to sell tires on a deferred payment basis.

McDonald's Franchise Owner Sells Restaurants, Runs for Office

Darkness approaches Kentucky capitol
Kentucky state capitol at dusk / sniggie photo

Earlier this month, Joe Graviss completed a deal to sell his nine McDonald's restaurants in Kentucky to another Kentucky-based franchise owner. He is now running for Kentucky state representative as a Democrat.

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.