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franchising

Financing

Franchises navigate tough waters in their bid for growth

 By Jonathan Maze on Mar. 02, 2023

For franchises, growth is paramount. But accomplishing that is proving more difficult thanks to rising interest rates, construction costs and labor issues.

Financing

Applebee's President Tony Moralejo says brand will do more for franchisees

 By Joe Guszkowski on Mar. 02, 2023

The franchisor plans to offer aggressive incentives and new prototypes to make opening restaurants more appealing. "We need to do our part," the new leader said.

Financing

Wendy's wants to open more restaurants, just not in ghost kitchens

By Jonathan Maze on Mar. 01, 2023

The burger chain is increasing its incentives to convince operators to open additional restaurants as it seeks to speed unit growth. But it is also walking back its deal with Reef Kitchens.

Financing

McDonald's CEO warns that regulations could end franchising

By Jonathan Maze on Feb. 27, 2023

Saying that, “our business model is under attack,” Chris Kempczinski urged franchises to push back against efforts at the state and federal level to regulate franchises and fast-food businesses.

Financing

Steak n Shake closed another 30 restaurants last year

By Jonathan Maze on Feb. 27, 2023

The burger chain, which has shifted to a counter-service model with kiosks, turned a profit last year. But it did so from fewer locations as traditional franchisees closed restaurants.

Financing

More franchise brands should disclose store-level profitability

By Jonathan Maze on Feb. 24, 2023

The Bottom Line: The importance of franchisee cash flow is undeniable to the success of any franchise. That’s why investors should demand more data from franchised restaurant brands.

Operations

Consumer Craveability: How restaurants are building a loyal customer base

Sponsored content from our partner Slim Chickens on Feb. 17, 2023

As restaurants develop innovative strategies to build a loyal fan following, it can present a challenge to pinpoint which approaches work best to entice customers to keep coming back.

Financing

With new leadership, Restaurant Brands International charts an aggressive path

By Jonathan Maze on Feb. 17, 2023

Patrick Doyle, and now new CEO Josh Kobza, take the helm at the owner of Burger King, Tim Hortons, Popeyes and Firehouse Subs with a mandate: Speed the company's growth.

Food

How Adenah Bayoh is positioning Cornbread Farm to Soul for fast-casual expansion

By Patricia Cobe on Feb. 16, 2023

The IHOP franchisee and Cornbread co-founder is on a mission to change the perception of soul food across the country.

Financing

Franchisee fear, anger mount as McDonald's intensifies inspections

By Jonathan Maze on Feb. 07, 2023

Operators say their profits are down, despite strong sales, due to soaring food costs and discounts on the mobile app. That, plus tough new standards and more frequent inspections, are contributing to an environment some call “toxic.”

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