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Wednesday, December 9, 2009
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Picking and
Choosing Franchises Out of Bankruptcy Court (Part 1) |
Buying
assets out of bankruptcy court is time-consuming but usually easy.
But if your target is a franchisee and you get choosy - meaning, for
example, that you want to buy only 10 outlets in a bankrupt
20-outlet franchise restaurant chain - things get dicey.
READ
MORE.
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Southern Style:
North Carolina-Based Multi-Concept Operator Capitalizes on Three
Decades of Restaurant Experience |
Thomas "Tab" Broome has spent most of his
professional life in the restaurant and franchise business. He's
seen it all - learned a lot - and is one franchisee who knows how to
manage a chain of restaurants.
READ
MORE. |
Facebook Opening |
Looking to open a new franchise location? You
might want to consider using Facebook. That's what multi-unit
franchisees like Adam Saxton are doing - and they're getting
results. When the Saxton Pierce Restaurant Corp. was looking to open
a new McAlister's Deli location in Texas last spring, the company
called on Facebook.
READ
MORE. |
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How to
Develop Capable Leadership Successors |
Ben presented us with a situation common to
many business owners who find out too late they are not in a
position to exit on their terms. Ben had founded and built a
very successful business supply business. He had customers
across the country and was consistently earning solid profits
under his management. He had decided he was ready to retire in
the near term.
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Capital
Access |
Jeff Reetz got his first taste of franchising
working in the corporate office for Pizza Hut back in the late
'90s. But he saw the appeal of being a franchisee and couldn't
resist the pull. Today, the 56-year-old is owner of 2JR
Enterprises LLC, which operates 32 Pizza Huts and 12 co-branded
WingStreets in Louisville, Kentucky, and southern Indiana. The
company does about $32 million in revenue annually and Reetz
shows no signs of slowing down.
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