At the recently concluded Multi-Unit Franchise Conference in Las Vegas, a common thread throughout was the unique problems the coronavirus pandemic has created for all kinds of businesses. In fact, most of the speakers wove throughout their presentations consideration of the challenges – and opportunities – that COVID-19 served up to franchisees and, in particular,…
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Facing a continued staffing crisis and growing labor costs, many businesses are looking beyond the next hire. Consider the barista who never calls in sick or the coffee-making bots that brew up to 300 portions per shift, work 24/7 and never take breaks, except for refilling or cleaning. In many ways, the crippling U.S. labor…
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April 22, 2021 marked day four of Dealmakers Week, presented by Franchise Times. It was also the day the magazine announced its 2020 Deal of the Year. Not surprisingly, the award went to Inspire Brands for its $11.3 billion purchase of Dunkin’ Brands. On hand to receive the award was David Pipes, Inspire Brands chief…
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April 22, 2021 marked day four of Dealmakers Week, presented by Franchise Times. It was also the day the magazine announced its 2020 Deal of the Year. Not surprisingly, the award went to Inspire Brands for its $11.3 billion purchase of Dunkin’ Brands. On hand to receive the award was David Pipes, Inspire Brands chief…
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Jesse Keyser, of St. Louis, Missouri, purchased his first franchise unit, Little Ceasars, in 2005, and soon expanded to five restaurants in Western Kentucky and Southern Illinois. Fueled by that success, Keyser began looking into other brands, and purchased Valpak in 2008, which provided an unexpected source of insight. “Working with Valpak, I did extensive…
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The days of Dunkin’ Donuts existing solely in a strip mall or as a standalone store are gone. In 2014, franchisees developed 70 new restaurants in non-traditional locations like airports, military bases and supermarkets, bringing to more than 600 the number of non-traditional locations across the U.S.
Read More »As we advised you last week, DD franchise owner Rob Branca is serving as the 2015 Chairman of the Multi-Unit Franchising Conference, to be held at Caesar’s Palace in Las Vegas from April 8 through April 10. Those of you interested in attending should register for the conference itself at the Multi-Unit Franchising Conference registration…
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In the push to grow same-store sales, franchisees across the Dunkin’ Donuts footprint are focusing on Generation Y—the generation known as millennials. There are more than 80 million of these 18-33 year olds with over a trillion dollars in buying power and a huge influence on older generations like the Baby Boomers. According to the…
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When Aziz Hashim’s family left London and moved to California, he found work at his uncle’s Burger King Restaurant and was immediately immersed in the franchise world. The job helped him pay for college. After graduating and landing a position as an electrical engineer, Hashim thought his days spent in the retail franchise business were…
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To help franchisees determine which brands to purchase, Hashim founded NRD Capital, the first multi-unit franchisee sponsored and managed private equity firm. “If you want to buy shares of Coca-Cola, you can read hundreds of analyst reviews on that, but if you want to spend hundreds of thousands of dollars on something that could be…
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