Rethinking Refranchising in the Restaurant Industry

Over the past few years, refranchising has been a big theme in the restaurant industry. Chain executives reason that they can generate cash from sales, spread risk and reduce capital expenditures while retaining most of the potential future profits. And without day-to-day operational responsibilities, they can focus on marketing the brand. So they have gone […]

Top 500 Brands Keep Franchisees Close — and Sales Growth Closer

If I had a dollar for every time over the past five years that I’ve heard, “Franchisees are just better at running stores than giant corporate brands,” I would probably have enough money to pay any chain’s franchisee fee and build a new restaurant. Such conventional wisdom seemed airtight recently, as franchise-unit openings have far […]