Franchise Lending Becomes More Dependent on Better Brand Credit Info About 80% of small businesses want loans that are less than $500,000. It costs banks just as much to underwrite a million-dollar loan as it does a $100,000 loan.[1] Research from the Federal Reserve found that small business borrowers spend an average of 24 hours […]
“72.5 percent of people left their food service or hospitality gigs in 2017, according to the Bureau of Labor Statistics. Restaurants struggle to keep waitresses and cooks on staff, and the current low unemployment rate makes finding replacements a challenge.” “Apprentices will acquire nationally recognized credentials and be equipped to pursue a variety of management […]
72.5 percent of people left their food service or hospitality gigs in 2017, according to the Bureau of Labor Statistics. Restaurants struggle to keep waitresses and cooks on staff, and the current low unemployment rate makes finding replacements a challenge. FRANdata has consistently maintained the view that low skilled unemployment is consistently higher and much […]
After a rough stretch of market volatility, the FRANdex just snapped its quarterly win streak that stretches back to 2016. FRANdex registered lower Q-o-Q returns (-2.99%) as compared to both the broader indices. S&P 500’s returns were down -1.64%, while Russell 2000’s by -2.43%. Click here to download the latest FRANdex.
This weeks inaugural FRANalyst Friday post includes insights on M&A activity, apprenticeships in franchising, a new brand, and brand leadership changes. M &A Activity has picked up in the last quarter within franchise lodging brands. Red Lion Hotels bought out Knights Inn; Choice Hotels International bought WoodSpring Suites; Wyndham made a couple of noteworthy single-brand […]