A recent conversation with Jeff Fromm, who is executive vice president at Barkley, centered on some interesting buyer dynamics. About 80 million consumers make up the Millennial generation: one of the wealthiest generations ever, spending an estimated $200 billion annually.
Several IFA board members and successful multi-unit franchisees were featured in a New York Times story May 19 about investing in a franchise, including Doc Cohen, president and chief executive of Cookie Associates, David Barr, a multi-unit KFC franchisee, and Aslam Kahn, the largest Church’s Chicken franchisee in the nation.
Franchisors can and should challenge unreasonable nexus assertions by state revenue agencies when the state’s position is unwarranted. The changing state tax landscape, however, may force franchisors to deal with complex income apportionment and allocation provisions in multiple jurisdictions.
For the husband-and-wife team, Glenn and Tina Beattie, a step to broaden their 37 Denny’s restaurants in Western New York and Arizona includes a multi-unit, multi-year deal to open 22 Corner Bakery Cafe locations in New England.
An informative infographic developed by MDG Advertising, illustrates the road to economic recovery, spots the top trends and keys to new growth, charts the common challenges franchising faces today, and adds insight for the future.
Most small businesses require equipment in order to operate, from computers to furniture to fleet cars, but simply don’t have many funding options.
Last year, Alan Green, a former TV news photographer turned ad pitchman, decided to buy a business that could also serve as his nest egg, according to an article in The Wall Street Journal. But when the 59-year old couldn’t get financing to purchas
When franchisees Brad and Risa May first began to explore the financing options available to them for their Goddard School franchise, they assumed they would be leasing their building.
There is increasing concern across America that Dodd-Frank, last year’s banking regulatory reform, is having harmful, unintended consequences on small business–and jobs. With the economy showing no signs of a return to pre-recession unemployment n
As Shelton Rhodes’ article on Examiner.com notes, the IFA has great resources for potential franchise owners to read in order to familiarize themselves with the basics of franchising. Successful franchisees tell potential new franchise owners the most important thing to do when considering buying into a franchise system is to do an extensive amount of research, starting with visiting the IFA’s web site.