These are questions that franchisors submitted as part of the WednesdayWise Webinar on Franchise Development but that were not answered due to time constraints. What is the common denominator for the quick growth of these brick and mortar brands. Do you separate by size of square footage needed? (Asked by a Beauty Salon Franchise) Many […]
63% of franchisees in this set own between 3 and 5 Checkers and Rally’s. Many of these franchisees have transitioned from corporate roles or initial small-scale ownership to managing larger portfolios. This growth often involved strategic diversification across various brands. The multi-unit owners in this list also own 27 other brands, including Coffee Shops like […]
America’s fastest growing sport – Pickleball! Pickleball is taking America by storm, earning its title as the country’s fastest-growing sport. This dynamic game, a blend of tennis, badminton, and table tennis, offers something for everyone. It’s played with a paddle and a perforated plastic ball on a court like badminton but with a modified tennis […]
In our recent deep dive into franchise underwriting, we examined the SBA SOP to uncover how prudent lending and franchise underwriting intersect. What stood out is the ambiguity surrounding the term “prudent lending.” The SOP mentions prudent lending but lacks a detailed definition, which can be frustrating for lenders navigating these waters. Unpacking […]
Navigating the intricate world of franchising requires a deep understanding of market dynamics and regulatory environments, especially when expanding internationally. Comprehensive studies of the UK franchising sector and insights into UK brands venturing into the US have revealed key factors essential for success: UK Franchise Landscape The UK boasts over 1,000 franchise brands, with a […]