Nathan Bissitt, Author at Business Ideas UK

Articles

A&W Experiencing Unit Growth in U.S. for First Time in Years

ByNathan BissittMay 16, 2017

A&W units have been sliding in numbers in the U.S. since the recession, but this year marks a welcome turnaround. The chain has been franchisee-run since 2011. A&W Restaurants is quietly doing something it hasn’t done for a decade: Open new restaurants. The

Articles

McDonald's Offers to Pay Most of Franchisees' Extensive Remodeling Costs

ByNathan BissittMay 16, 2017

McDonald’s is determined to regain customers it has lost to rivals by banking on extensive changes, including expensive restaurant upgrades. To get its U.S. franchisees on board the costly program, it is sweetening the deal by telling them, in writing, it will

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Arby's Largest Franchisee Acquires 10 More Restaurants

ByNathan BissittMay 12, 2017

United States Beef Corporation, Arby’s largest franchisee, has acquired 10 Arby’s restaurants from the two Arby’s franchisees operating in Central Washington and Northern Idaho. The leaders of the Arby’s franchises being bought are Richard (Rip) Riva, president of Cascade

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Guide to Becoming a Restaurant Franchise Owner

ByNathan BissittMay 9, 2017

Joe Sieve, who bought his first franchise restaurant 20 years ago when he was 24, admits that he didn’t know what he was doing and made costly mistakes. He hopes to save new owners from some of those same mistakes by this primer of the rewards and pitfalls of the

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Top Five Ways EBITDA Deceives

ByNathan BissittMarch 9, 2017

EBITDA (Earnings Before Interest, Tax, Depreciation and Amortization) is considered an important metric to look at when one is considering buying a franchise or small business. But hold on, advises this CTP (Certified Turnaround Professional). EBITDA deceives, he says,

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Former Hardee's Franchisee Buys 24 Pizza Hut Restaurants

ByNathan BissittMarch 5, 2017

Lisa Albert, an Atlanta businesswoman who formerly owned 25 Hardee’s locations throughout the southeast, has finalized the deal to acquire 24 refranchised Pizza Hut units in the Baton Rouge area. “The trends in the Baton Rouge market are very good,” she says. “Besides,

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Seven Questions to Ask Your Franchisor Before Leasing Commercial Space

ByNathan BissittFebruary 21, 2017

Many future franchisees think that when they join a franchise system, the franchisor will complete everything for them. Think again! Many franchisors often do not have the time or resources available to them to assist their franchisees with commercial real estate matters

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Lapels Dry Cleaning Introduces Area Representatives and Satellites

ByNathan BissittDecember 27, 2016

Lapels Dry Cleaning, a chain of over 70 franchised outlets by Hanover, Massachusetts based franchisor Next Step Franchising has launched an area representation multiunit franchise model to help it accelerate franchise sales throughout the United States. Lapels development

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HVAC Franchisees Discuss the Franchise Experience

ByNathan BissittNovember 23, 2016

Why should an HVAC (Heating, Ventilation and Air Conditioning) specialist buy a franchise when he can be an independent businessman? Several franchisees share why they think that with the right company, the advantages are significant. Franchising is an endeavor that HVAC

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Franchisee Due Diligence of Franchisors: Lessons from Applebee's

ByNathan BissittNovember 18, 2016

In the November 2016 Restaurant Finance Monitor, published by John Hamburger and Franchise Times, there is an excellent article about current issues underway in the Applebee’s system. Applebee’s problem is also broadly present in parts of the restaurant franchise