Attending this year’s FSTEC reinforced one thing: restaurant operators remain an optimistic bunch. Ever since COVID, there’s been a resilient hope that tomorrow will be better, and that mindset continues to fuel innovation across the industry. One of the most striking data points shared at the conference was the 40% increase in restaurant wages between […]
Multi-unit operators control the majority of units in eight franchise sectors, from QSR to beauty services. For franchise development executives, reaching these operators requires more than a pitch deck — it requires sector intelligence, contact-level data, and a personalized outreach strategy built on how MUOs actually make decisions. As we know, multi-unit operators (MUOs) […]
The National Association of Government Guaranteed Lenders (NAGGL) recently hosted its annual conference, drawing attention to critical trends in the SBA lending landscape. While the figures for 2024 SBA loans overall painted a positive picture—nearly $29 billion in loans extended to 66,000 borrowers—the outlook for 2025 is uncertain, particularly for franchises. The lending environment is […]
Travel centers have evolved significantly from their humble beginnings as mere fueling stations with basic amenities. Today, they stand as sparkling hospitality hubs, offering an array of services that cater to a wide audience, including truck drivers, families on road trips, and even local residents seeking convenience and leisure. The modern travel center is a […]
The landscape of franchise financing is shifting. New lenders are entering the market, and the characteristics of the average franchisee are changing. The Small Business Administration (SBA) continues to make changes, and the Federal Reserve has been responding to a unique economy. The diversity of sectors and brands in franchising is vast, as is the […]