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franchising

Financing

Burgerim franchisees start to organize

A group of operators has formed a franchisee association to represent their interests amid continued uncertainty about the company’s future.

Financing

Why struggling chains turn to franchising

As chains such as Steak ‘n Shake and Krystal faced mounting financial problems, they looked to refranchising as a solution, says RB’s The Bottom Line.

Here are a few steps operators can take to keep from falling into a Burgerim-like trap.

Hundreds of franchisees lost money betting on the Burgerim brand. Many ended up in bankruptcy. Some lost their homes. These are their stories.

The success of the product could help the chain break into areas it might have not considered before, franchisee Carrols says.

A federal lawsuit alleges that the burger giant abandoned the African American market and purged black executives from the company.

The chain’s bankruptcy attorney said a filing could come by the end of the month as questions about the company’s status mount.

The burger chain, which rapidly signed up hundreds of franchisees, told operators this week that it has hired a restructuring officer and a bankruptcy attorney.

Jim Lewis, who recently sold his New York City-area restaurants, joins "A Deeper Dive" to talk about the brand, his focus on speed and overcoming operations challenges.

With sales improving, the chain is planning incentives to encourage development, but franchisee relations and labor costs are hurdles.

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