Financing
Your franchisees need a loan? Give their bank an earful
Restaurant franchisees wouldn’t have to scrounge for capital if their franchisors provided lenders with info about the brand’s performance, plans and work-out scenarios, concluded a high-level powwow on the credit crunch.
Consumer Trends
Happy Hours Seeing Lots of Action
It appears that happy hour has succeeded in making not only bar patrons happy, but bar owners as well. According to a recent study of national consumer spending habits, during this difficult economic time people just want to go “where everybody knows their name.” Bars and clubs are on the rebound, making the fastest comeback over the last year.