Matt Sutkoski writes in the Burlington Free Press that chances are if you go to a Dunkin’ Donuts in Vermont or western New Hampshire, you’ll find the place is all in the family.
After a decade of working with Dunkin’ Donuts and Baskin-Robbins franchise owners, Direct Capital Franchise Group (Direct Capital) is enhancing and expanding its services in ways that aim to ease your access to financing and better meet your needs. Its staff members have the direct experience and knowledge to guide and support you every step of the way, and now, as a DDIFO Sponsor, the firm is even more invested in its relationship with Dunkin’ Donuts franchisees.
Luci Scott reports in the The Arizona Republic that even as a kid, entrepreneur Bert Hayenga was making money. He worked a paper route, and he bought old boats and mini-bikes, fixed them up and sold them. Now at 47, as a partner in Phoenix-based HWK Partners, he invests in real estate and owns close to half of the 33 franchises of Dunkin’ Donuts in metro Phoenix.
For five years, Michael Lefkowitz owned and operated four Dunkin’ Donuts stores in Miami-Dade County. Before selling his stores in August of this year, he established ECS Business Services (ECS), a cost reduction and cost recovery consultancy. As ECS President, Lefkowitz is dedicated to helping franchise owners and other clients save money and recover costs related to fixed expenses. DDIFO Members Only
Denise Lavoie of THE ASSOCIATED PRESS reports in the Worcester Telegram that property owners may be held liable for snow-related injuries whether the accumulations are caused by Mother Nature or by snowplows, the state’s highest court ruled yesterday in a far-reaching decision that lawyers said could result in a wave of personal injury lawsuits.
Jay Heflin reports at The Hill that Senate Small Business Chairwoman Mary Landrieu (D-La.) on Wednesday said her chamber will pass legislation by the end of the week that creates a $30 billion lending pool for small businesses and provides approximately $12 billion in tax relief for these organizations. Take Action contact your elected officials
Let’s face it, running a small business is a risk—and not just in a bad economy. Every day different challenges threaten to undermine a business owner’s efforts or sap his investment. Some risks can be avoided; others, like natural disasters, can’t. Rupali Shah and Storm Wilkins, attorneys with the firm RPS Legal Solutions, LLC in Philadelphia, provide legal advice and representation of their business clients. They also help franchise owners manage risks and prevent little problems from destabilizing a business.
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.”
Sue Andrade, a franchise operator of eleven Dunkin’ Donuts shops, speaks about how her extended family bought one store thirty five years ago and now has over seven hundred stores. In 1968 Ms. Andrade’s uncle from Portugal “came over [to the U.S.] and opened a store and brought uncles, cousins, brothers, everybody.”
All of us want a clear and driving purpose for our lives. Without a purpose, your employees are just putting in time. Lee J. Colan explains in the Dallas Business Journal that great leaders inspire through strong purpose.
Small Regular - No Sugar Newsletter is weekly email with news and updates - it is like a virtual cup of coffee with DDIFO Executive Director Ed Shanahan