When asked to name a franchise, it’s highly likely that “McDonald’s” would be the first brand that comes to mind for most people. This should come as no surprise, as McDonald’s has ingrained itself in the US psyche, much like apple pie. Most franchisees of McDonald’s carry the weight of this legacy with them. In […]
Dominos’ franchisees can be characterized as loyal with deep roots in the system – some if not most have decades’ experience either working at a dominos or owning and running their business. Unlike other franchisees, they don’t tend to diversify into other brands. The FRANdata Playbooks provide Dominos franchisee contact information and insights to empower […]
Franchise Disclosure Documents (FDD) (previously called UFOCs) are crucial legal documents that franchisors in the United States must provide to prospective franchisees as required by the Federal Trade Commission (FTC). The FDD contains vital information about the franchisor, the franchise system, and the franchise agreement. As such, it serves several essential purposes, including due diligence, […]
Effective August 1, 2022, for any complete application received by SBA, or any request for an SBA loan number made under the lender’s delegated authority, the following maximum fixed interest rates apply – For loans of $25,000 and less, maximum allowable fixed rate = Prime + 8% (800 basis points) For loans of more than $25,000 […]
The National Association of Government Guaranteed Lenders (NAGGL) just had its Spring Conference and FRANdata was there gathering insight on the latest in franchise financing. What’s the buzz on the upcoming New SBA proposed rule-making coming out in the summer? SBA is taking lessons learned from the pandemic, trying not to lose the momentum it […]