Real Estate
Finding the best real estate for your franchise is challenging and competitive, whether building anew or remodelling an existing location. Site selection is complicated and “A” locations are both hard to come by and expensive. Using a real estate broker to help find the optimal sites and negotiate the best contract is common practice. Seek legal advice to ensure you’re receiving the optimum tenant improvements and landlord benefits.
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Robert Schermer, Jr., left his career in corporate finance 18 years ago to join Meritage Hospitality Group in Grand Rapids, Mich. In 1998, the company operated 22 Wendy's restaurants in Michigan; today it operates 177 in 8 states and also has four original casual dining concepts.
- 24,681 Reads 11 Shares
Franchising has proven to be a successful and popular business model since its mainstream inception many decades ago. Three constants have fueled its growth: the desire to expand, the need for capital to fuel that expansion, and the goal of operating seamlessly across large geographical distances.
- Dean Zuccarello
- 23,095 Reads 4 Shares
Tshimanga "Tim" Biakabutuka, born in Kinshasa, Republic of Zaire in 1974, came to the U.S. with his family when he was just 6 years old. The family settled in Canada, in the Montreal area.
- Kerry Pipes
- 23,333 Reads 23 Shares
Oklahoma multi-unit franchisee applies his military background and training to how he operates his 4 franchise locations. The common theme to his success is 'team.'
- Multi-Unit Franchisee
- 19,442 Reads
Texas multi-unit franchisee and Multi-Unit Franchising Conference board member Bill Hall elected to serve as IFA's treasurer.
- franchising, leadership, dairy queen, multi-unit franchisee, investing, ifa
- 14,877 Reads 7 Shares
California mega franchisee Sunny Ghai shares his insight on how he evaluates adding new brands.
- Multi-Unit Franchisee
- 15,711 Reads 17 Shares
As senior vice president and chief investment officer of Impact Properties, Shirin Kanji is in charge of all of the Tampa-based company's investment-related activities.
- Helen Bond
- 12,803 Reads 12 Shares
Multi-unit franchisee Gary Moore has spent most of his life in the restaurant business, assuming nearly every available job title along the way.
- Helen Bond
- 11,807 Reads 1,021 Shares
Study says franchise businesses to continue growth trend in 2016, outpacing economy-wide pace. But regulations continue to impede potential
- Multi-Unit Franchisee
- 12,464 Reads
Cambridge Franchise Holdings acquires 42 more Burger King restaurants and 5 convenience stores in Tennessee, Mississippi, and Arkansas.
- Multi-Unit Franchisee
- 14,934 Reads 3 Shares
New Franchise Business Review "Best of the Best" report highlights the most satisfied franchisees in the business.
- Multi-Unit Franchisee
- 11,707 Reads 3 Shares
There are many misconceptions about how to go about valuing your business. In general, most business owners have a value in their mind that is usually several times more than the actual value a sophisticated, competent buyer ultimately pays.
- Rod Bristol
- 16,911 Reads 10 Shares
There are many misconceptions about how to go about valuing your business. In general, most business owners have a value in their mind that is usually several times more than the actual value a sophisticated, competent buyer ultimately pays.
- Rod Bristol
- 18,867 Reads
Many of the topics we address as a firm focus on the technical aspects of a transaction, such as market observations, quantitative measurements, and other deal points, but seldom do we discuss the emotional side.
- Dean Zuccarello
- 7,271 Reads 3 Shares
Many of the topics we address as a firm focus on the technical aspects of a transaction, such as market observations, quantitative measurements, and other deal points, but seldom do we discuss the emotional side.
- Dean Zuccarello
- 8,853 Reads
After several months of testing after an initial diagnosis by your family doctor, you now must schedule surgery for a heart condition.
- Dean Zuccarello
- 13,073 Reads 2 Shares
Taking risks can pay off in big rewards. After experiencing the exhilaration and ROI of risk taking, you'll wonder how you ever lived without it.
- Scott Petinga
- 6,956 Reads 28 Shares
Historically in franchising, real estate was coveted as a key strategic asset. Most franchisees overwhelmingly preferred to acquire the real estate as part of any new development and/or acquisition they were contemplating.
- Dean Zuccarello
- 8,005 Reads
Now is a great time to consider selling your franchise restaurant. Here are three steps that will help you get the most out of the deal.
- Kevin Burke
- 13,849 Reads 34 Shares
If you're planning to give or receive an inheritance there are three things you'll need to know. Financial consultants say proper planning will help you and loved ones avoid regrets.
- Multi-Unit Franchisee
- 10,609 Reads
Two diverse partners blend together to be active in their Checkers franchiser business and their community.
- Multi-Unit Franchisee
- 7,675 Reads
Bobby and Lori Forrest have one of the highest multi-store averages in the Sport Clip system. Together they have bought existing under-performing stores and turned them around consistently. As a husband-and-wife team, their strengths and weaknesses complement each other.
- Multi-Unit Franchisee
- 9,350 Reads
Corporations are holding record levels of cash, interest rates are low and the housing market is rebounding.
- Multi-Unit Franchisee
- 10,272 Reads 1 Shares
Some would say find what you do best and stick with it. If you've been successful with food franchising, then stay in that lane.
- Debbie Selinsky
- 27,715 Reads 8 Shares
You've probably heard of emotional eating, but financial advisor Matthew T. Shafer says emotional investing is a problem that needs to be recognized society-wide, especially since the economy has been in such sharp focus this past half decade.
- Multi-Unit Franchisee
- 6,487 Reads 16 Shares
In March 2013, U.S. banking regulators issued new guidance designed to curb increasingly aggressive lending by both banks and finance companies.
- Dean Zuccarello
- 5,332 Reads
Ted Kergan's path to success as Louisiana's largest Sonic Drive-In franchisee has been marked by hard knocks.
- Debbie Selinsky
- 9,446 Reads 1 Shares
If you ask retired NFL defensive tackle Don Davey to list the qualities needed to succeed in the NFL or in franchising, his list is the same: competitiveness, tenacity, discipline, coachability, and focus.
- Debbie Selinsky
- 12,644 Reads 17 Shares
After 34 years of negotiating leases for 150 hair salons in California and the New York Metro area, Gary Grace appreciates the advantages of being part of a franchise system with a well-known name.
- Helen Bond
- 12,984 Reads 2 Shares
If you ask retired NFL defensive tackle Don Davey to list the qualities needed to succeed in the NFL or in franchising, his list is the same: competitiveness, tenacity, discipline, coachability, and focus
- Debbie Selinsky
- 6,324 Reads
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