7-Eleven Franchisees Descend On Hill To Battle Credit Card Swipe Fees

Ryan Grim writes at the Huffington Post that Navdeep Bassi is tired of sending money to Wall Street for nothing. Over the past year, the owner of four 7-Elevens in Orange County, California, has been haranguing his customers about the swipe fees he is forced to pay big banks and major credit card companies, asking them to sign a petition in opposition to the fees.

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Tell Congress to Preserve the Durbin “Swipe Fees” Fix

In a major victory for retailers, last month the U.S. Senate took action that will greatly reduce the excessive “swipe fees” you pay on debit card transactions. This critical amendment to the Financial Regulatory Reform package was not included in the legislation passed earlier by the U.S. House of Representatives. It is critically important that you contact your member of Congress and ask that they support fixing “swipe fees” in the U.S. House of Representatives!

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NJ Woman uses Proceeds from $45m. Ponzi Scheme to Buy a Dunkin Donuts Franchise

A Montclair, NJ woman surrendered to the FBI yesterday on charges of running a $45 million real estate investment Ponzi scheme, the U.S. Attorney’s office in Manhattan announced. Authorities said Hodgson allegedly spent hundreds of thousands of dollars at casinos in Atlantic City and Las Vegas, and spent more than $700,000 on a Dunkin Donuts franchise in Arizona, according to court papers.

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Tight Credit Is Turning Franchisers Into Lenders

Kermit Pattison writes in the New York Times that Mr. Tessier had owned a liquor store for nearly a decade. He had a good credit score and a solid track record as a businessman in central Georgia. He assumed lenders would be happy to help. “I went to several banks and they acted like they could do loans,” Mr. Tessier said. “But when it came down to it, it was ridiculous. Ultimately, the terms and conditions were just outrageous.”

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Dunkin’ Donuts Turns to Street Artists for its First Ever Times Square Billboard

Dunkin’ Donuts, America’s all-day, everyday stop for coffee and baked goods, today unveiled possibly the company’s most prominent advertising yet, a billboard in the heart of New York City’s Times Square. For this billboard, Dunkin’ Donuts has taken a decidedly “fresh” approach, turning to local street artists to create a unique design inspired by urban art of the New York City streets.

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McDonald’s May Sales Up

McDonald Corporation’s (MCD: 69.16 -0.21 -0.30%) comparable sales are on the rise. Although diners are now more comfortable spending as the economy eases, but they are still seeking value menu offerings. The fast food restaurant operator has witnessed an uptrend across its domestic and international markets.

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Is a Dunkin’ Donuts Franchise Really Only a 20-Year “Rent a Business?”

From time to time DDIFO is pleased to present Guest Commentary from valued contributors. Guest commentaries feature the views and opinions of the contributor and are not necessarily the opinions of DDIFO and it’s Board of Directors. The following is an article written and submitted by Keith J. Kanouse, Esq. titled: Is a Dunkin Donuts Franchise Really Only a 20-Year “Rent a Business?” Kanouse & Walker, P.A., One Boca Place, Suite 324, Boca Raton, FL 33431, (561) 451-8090 Email: keith@kanouse.com website: www.kanouse.com

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Pieces of the Puzzle: A Guide to Successful Asset Protection

It’s estimated that 70% of family businesses in the U.S. fail after ownership is transferred from one generation to the next. Historically, Dunkin’ Donuts has attracted operators whose aim is always to pass the business down to their children—and beyond. The challenge of completing that transfer successfully and protecting the family’s assets is complicated by the language written into the Dunkin’ Donuts Franchise Agreement. DDIFO Members read more…

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Innovation Helps Commissaries Achieve Efficiency and Consistency

Long before the first Dunkin’ Donuts franchise owner opened a central kitchen (CML), Belshaw was already established as a leader in the manufacture of donut machines. By the time Bill Rosenberg opened the first Dunkin’ store, Belshaw was already selling its machines internationally. By the mid 1960’s, Belshaw machines were helping franchise owners make donuts in the backs of their stores and when the first CMLs went on line in the late 1990’s, Belshaw was the brand standard. DDIFO members read more….

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