The American Rescue Plan created a $28.6 billion Restaurant Revitalization Fund (RRF), which restaurant franchise owners will be able to apply to for additional government aid. The RRF offers $28.6 billion in grants to hard-hit restaurants and bars, with restaurants able to apply for grants based on lost revenue. Additionally, $5 billion of that total […]
In the past several months, our spotlight series has focused on franchise brands you know and love like Dickey’s, PuroClean, Kiddie Academy. For this next installment, we’re branching out into the world of franchise industry suppliers. There are so many worthy mentions within our space of colleagues and friendly competitors, we wanted to help shed light on the […]
At FRANdata we consider our team of research and data analysts the backbone of the company. Our passion for all things franchising starts and ends with our brain trust and that comprises of talented people who spend countless hours gathering, analyzing and deciphering metrics and insights so that our clients can make decisions that resonate. […]
We’ve been receiving quite a few requests for business valuations of personal service franchises, which includes names such as Massage Envy, Hand & Stone, and European Wax. Although they are 3 different franchises, they have much in common. Before we get to the “comps”, here are the primary areas that we analyze when valuing one […]
We’ve been keeping you up to date regarding the pending changes at the SBA related to its lending processes for franchise businesses. This week, the SBA formally announced its new Standard Operating Procedure and provided access to the new standard addendum. The new SOP 50 10 5 (i), which will be effective January 1, 2017 describes […]