Virginia Feature Articles

Looking for a franchise opportunity in Virginia? Whether you're a first-time business owner or a seasoned entrepreneur, Virginia offers exciting potential for franchise success. From food and beverage to retail and services, the diverse economic landscape in Virginia is ripe for franchise opportunities. Explore the best franchise options today and take the next step toward business ownership in Virginia.

Informative articles to support business buyers, franchisees, and franchisors in Virginia.

Using Master Franchisees for Growth

Ron Berger knows the advantage of buying an existing franchise concept and improving on it. That is what he has done with Figaro's Pizza, a Salem, Oregon-based chain that is growing at a rapid pace.

Joan Szabo
3,956 Reads 7 Shares

GEFF Offers MUOs More Than Just Financing

Capital fuels growth, and multi-unit operators know how important growth is to their success. One finance company making growth happen for many area developers is GE Commercial Finance, Franchise Finance (GEFF). With more than $12 billion in served assets, GEFF has more than 6,000 customers and 21,000 property locations, mainly in the restaurant, hospitality, branded beverage, storage, and automotive industries.

Joan Szabo
3,836 Reads 1 Shares

Phil Greifeld, Huddle House

After 10 years in Atlanta, Phil Greifeld hasn't lost much of his New York accent. But after a stint as chief executive officer of the Huddle House chain, he has developed an appreciation for shirt-sleeve weather in winter, and for some of life's simpler pleasures -and smaller places.

Tom Steadman
6,517 Reads

Savista Eases the Accounting Burden

Frustration levels are bound to grow higher when back-office woes increase. As a result, you may end up spending valuable time and energy on making things right. Outsourcing accounting and other functions may be the way to go. If you are in the restaurant industry, one firm to consider is Wichita-based Savista-FSC.

Joan Szabo
4,148 Reads 1,014 Shares

A New Level of Sophistication

Finding the right type and mix of financing can mean the difference between success and failure for many franchisors. While your main choices are debt, equity, self-funding, and external funding, experts say the best-managed companies often mix their financing sources and choices, at different stages of development, to achieve the best business results.

Joan Szabo
3,981 Reads 9 Shares

It May Be Time to Review Your Purchasing Program

Franchisors are always looking for ways to boost cash flow and build greater trust with franchisees. One way to help accomplish those goals is to offer an effective purchasing program.

Joan Szabo
3,427 Reads 11 Shares

The Challenges and Rewards of Launching a New Franchise

Franchisors find new opportunities in many places. An entrepreneurial spirit and business savvy can often turn an idea into reality. Take the case of Dan P. White, who is a marine biologist by education. His desire to protect the environment for future generations led him to start an environmentally-friendly franchise operation called Rapid Refill Ink.

Joan Szabo
2,786 Reads 8 Shares

The Acquisition Fast-Track

Steven Rogers has set his company apart from the crowd with a winning formula on acquiring franchise systems in the residential services field. As president and chief executive officer of the Franchise Company, Rogers has amassed 9 franchise operations that provide services to more than 400,000 customers through a network of more than 2,000 franchisees employing 8,500 workers.

Joan Szabo
3,386 Reads 1,021 Shares

Unlocking the Power of Retirement Funds

Finding innovative financing strategies can be worthwhile, especially if they lead to multi-unit franchise ownership. One method you may want to look into involves the use of retirement funds to invest in some of the nation's most attractive franchises.