With nearly 1,900 franchisees most owning more than 1 brand (176 distinct brands represented!), the network of Dunkin’ Donuts franchise owners is as varied as it is vast. Let’s marinate on why this number is so important — One Hundred and Seventy- Six Brands – 176. That means that the multi-branded Dunkin franchisees have experience […]
The overall message we received was that franchise lenders have robust volume and are looking for more deals. Below are four key questions and answers from the lender’s conference with over 450 of the most active lenders will help you understand how lenders are thinking. Q: How loose are SBA lender’s credit boxes? A: Deferments […]
Until May 11, 2023, the US Small Business Administration (SBA) facilitated franchise financing by authenticating brand eligibility through its directory. However, the SBA directory has been discontinued, and lenders now bear the burden of determining eligibility. This shift has led to banks reassessing their underwriting processes, causing delays and increased denials due to uncertainty. Lenders […]
Taking time for introspection is always a valuable endeavor. This principle holds true for personal growth and for the success of your franchise. We need context that comes from assessing our progress and our relationships with others. If we are to properly prepare for 2024, we need to understand how we compare with our competitors. […]
In the dynamic franchise industry, discerning the right acquisition targets is a pivotal step for businesses eyeing expansion and diversification. This is especially true for companies seeking to extend their reach beyond their traditional markets. The challenge is in identifying franchise brands and/or franchisees that align with strategic goals and showcase enduring viability and consumer […]