Two enterprising franchise sellers have discovered the franchise industry’s deepest, darkest secret… and made millions of dollars in the process.
News and events that center around the selling and granting of franchise licenses
Often pushed hard by activist investors, refranchising, which is selling corporate-owned stores to franchisees, has been a prominent occurrence in the franchising world of late. But how's that working out for franchisees, both existing and new ones?
This has been a bad couple of months for proponents of refranchising, as a growing number of franchisee revolts have shed light on the limitations to the most popular strategy for operating restaurant brands.
Aloha Petroleum Ltd., the master Dunkin' franchisee for Hawaii, was named by Dunkin' Brands Group Inc. as the 2017 Dunkin' Developer of the year at the Dunkin' Brands Global Convention in Las Vegas.
Franchisor corporate board members who are franchisees are a rare sight. Why, when they know so much about the nitty-gritty running of their brand's business?
Earlier this week, the National Jack in the Box Franchisee Association said it wants a seat on the company’s board of directors.
It’s not an unreasonable request.
Many a small business owner is urged by friends, business connections and customers to franchise his business. But the road to becoming a successful franchisor contains potholes not encountered in the core business.