Franchisers require more money, experience from potential owners

11/14/2010 | Wall Street Journal, The

Franchisers are demanding more upfront cash along with additional general business and specific industry experience from potential franchisees as the economy continues to falter. Restaurant chains such as Popeyes, Firehouse Subs and Zoup Fresh Soup have raised their requirements to become a franchisee and say the changes have helped business. Firehouse now requires a 30% down payment from buyers and says sales for new stores are 17% higher than those that opened earlier.

View Full Article in:

Wall Street Journal, The

Published in Brief:

SmartBrief Job Listings for Business

Job Title Company Location
Manager, Technical Staffing
U.S. Cellular
Chicago, IL
Human Resource Director
Confidential
Salt Lake City, UT
Vice-President of Global Sales
Lindsay Corporation
Hartland, WI
Chief Operations Officer
Delta Community Supports
Blue Bell, PA
Administrative Management Specialist
Smithsonian Institute
Washington, DC