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franchising

Financing

Senators push for more disclosure on SBA franchise loans

 By Jonathan Maze on Mar. 18, 2022

But critics say it’s a solution without a problem. And a U.S. Senate hearing on the topic was bogged down by concerns about inflation and whether the government should back loans at all.

Financing

Restaurant chains’ Russia risks are on full display right now

 By Jonathan Maze on Mar. 18, 2022

The Bottom Line: There is only so much franchises can do to close their stores in the country. It’s not keeping people from calling for boycotts.

Financing

Burger King is selling its interest in its Russia joint venture

By Jonathan Maze on Mar. 17, 2022

The company has thus far been unable to close its locations in the country. Meanwhile, copycat trademark applications there demonstrate the risk to U.S. brands.

Operations

Clemson football coach Dabo Swinney joins Walk-On's as franchisee

By Joe Guszkowski on Mar. 11, 2022

The championship-winning coach will help the chain expand into the Carolinas, including his home turf of Clemson.

Operations

Franchising takes wing for Starbird

By Heather Lalley on Mar. 11, 2022

The 12-unit, tech-focused fast casual said it has proven out its concept and is ready to bring on franchisees as early as next month.

Financing

Dairy Queen is making a big push in China

By Jonathan Maze on Mar. 10, 2022

The fast-food chain known for its ice cream plans to open 600 locations in the country by 2030 with FountainVest Partners.

Financing

McDonald's and Starbucks temporarily close restaurants in Russia

By Jonathan Maze on Mar. 08, 2022

KFC owner Yum Brands is also pausing development and assessing its options in the country as restaurants join other businesses in reacting to the invasion of Ukraine.

Operations

Potbelly outlines its big growth goals

By Heather Lalley on Mar. 03, 2022

The 443-unit fast-casual sandwich chain said it intends to grow to 2,000 locations in the next decade and become a largely franchised operation.

Financing

2 U.S. senators ask SBA about relief for borrowers in bad franchise systems

By Jonathan Maze on Mar. 03, 2022

Democrats Catherine Cortez Masto and Elizabeth Warren are asking whether franchisees with federally backed loans can get relief when franchisors like Burgerim are cited for unfair practices.

Financing

Wendy’s starts a recruitment drive for more diverse franchise owners

By Jonathan Maze on Feb. 28, 2022

The burger chain announced the initiative, “Own Your Opportunity,” which includes financing help and new formats that lower the buildout costs.

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