Caught in the crisis
The news reports that franchise lender GE Capital was halting new lending to potential restaurant franchisees was just another bit of bad news for operators feeling the fallout from the Wall Street meltdown.
Tightening credit markets have forced restaurant operators from all segments of the industry to put expansion plans on hold as sources of financing dry up.
Tony Vanjohnson, founder of the six-unit fast casual chain Margaritas in Cincinnati. Is already seeing the economic crisis put a damper on his company's expansion plans.
Published: October 16th, 2008
Share this Feature
Recommended Reading:
Comments:
comments powered by DisqusADVERTISE | SPONSORED CONTENT |
FRANCHISE TOPICS
- Multi-Unit Franchising
- Get Started in Franchising
- Growth
- Operations
- Open New Units
- Leadership
- Marketing
- Technology
- Legal
- Awards
- Rankings
- Trends
- Featured Franchise Stories
ADVERTISE | SPONSORED CONTENT |
919 Marketing Co. is a national content marketing, PR and social media agency serving franchise brands. Our proprietary social relations approach...
Hub by Thryv is an end-to-end client experience platform custom-built for franchises. Its ready-to-use business apps help franchisees view their...