The Breakthrough Better-Chicken Brand Opens First Minnesota Location in Mankato Slim Chickens, a leading fast casual franchise, which features dine-in and drive-thru service in the better-chicken segment, announced today its new restaurant opening at 1700 Madison Ave. in Mankato. Letnes Restaurant Group is spearheading the better-chicken brand’s first Minnesota restaurant. This location marks the first

The primary advantages for most companies entering the realm of franchising are capital, speed of growth, motivated management, and risk reduction — but there are many others as well. 1. Capital The most common barrier to expansion faced by today’s small businesses is lack of access to capital. Even before the credit-tightening of 2008-2009 and the “new

Owning a Franchise Could Be Your Fastest Route to Business Ownership. Here’s What You Need to Know to Succeed. Opening a franchise is a great option if you are interested in running your own business while minimizing the risk of starting one on your own. Let’s discuss why opening a franchise might be the fastest

Let’s assume we’ve already accepted that keeping an open mind when exploring franchise concepts is a sound strategy. Remember – it’s not about an emotional connection to the product or service your offering, but rather a quest to find a franchise concept that checks the boxes of your entrepreneurship goals. Employing an advisable strategy is a great start, but

International Expansion is a Great Way for Franchisors to Reach New Markets, but There’s a lot to Consider If you keep up with franchise news, you may have noticed that many high-profile brands have expanded internationally. It’s a logical way to move into new markets, potentially building value and brand recognition. These franchise brands recently

Franchising is successful, because it allows people to focus on what their strengths are or could be, which is building and growing their local business. I’ll start out with a confession — I love franchising as a vehicle for growth. I think it’s the best business model that has ever been created. In fact, it’s the strongest, most successful

The franchise businesses that do not succeed typically lack five things from the outset. So, before you attempt to franchise your business, first consider these five points: 1. Determine your profit-to-investment ratio Does your current model make good money? Often when you deconstruct a franchisor’s model, it doesn’t actually make much money. To dig deeper, we need

Let’s face it, there are a lot of franchise brands out there — over 3,000 in the U.S., according to the International Franchise Association. This abundance of choices makes it difficult for prospects to know which brand they should invest their capital in and can also make it difficult for franchisors to find their ideal owners.

The 330-store fast casual, backed by Yum! Brands, is growing on the coasts and refranchising restaurants in California for the first time.  The Habit Burger Grill prefers area development agreements as opposed to signing deals of one to two units. On the fifth page of its franchise brochure, The Habit Burger Grill quickly lets prospective

MARKETING ASSISTANT (FULL TIME) JOB DESCRIPTION: Manage company social media pages Building and managing content (including writing content, presenting content, ideas for images/photos) on Fanpages Plan detailed content for Fanpages Responsible for producing media content (Digital/Offline,…) such as articles, ideas videos/photos… Write PR articles according to the content requested by superiors Join the team to

According to research firm MarketResearch.com, the gyms, health and fitness clubs market in the Asia Pacific region was estimated at US$14.2 billion in 2020, a compound annual growth rate of 3.4% between 2016 and 2020. Japan accounted for 27% of the total value in 2018 and followed by China with about 25.8%. In recent years,