Big money, in the form of private equity, is finding a home in franchising, and bringing big promise to area developers and multi-unit operators-and to franchisors and franchise executives as well.
If you are a multi-unit franchise owner on a fast growth path, you are always on the lookout for sources of capital to help grow your business. That is why you will want to take a serious look at one of the latest developments that enables you to get capital, using your future credit card sales. This arrangement promises to help you raise the funds you need to expand, purchase more franchises, buy equipment and inventory, and modernize your operation.
No, neither the price of gasoline nor its impact on your multi-unit, multi-brand franchise business will be reduced under of the recently passed energy and transportation bills. However, both the Energy Tax Incentives Act of 2005, and the Safe, Accountable, Flexible Efficient Transportation Equity Act of 2005, could have a noticeable impact on the tax bills of every franchised business - as well as those of their owners and operators.
Mark E. Battersby
The biggest challenge in every business, and I really think this is more of a challenge even than finding good people, is once you get them, how to you keep them?