Industry News | September 17, 2012
Franchising Found to be Major Recent Cause of Chain Growth
As the credit markets have begun loosening up, more franchisees are starting to spread their wings and grow. A new report by Technomic and Restaurant Finance Monitor finds that the franchising of restaurant brands continues to be a major growth avenue pursued by chains. Many operators are signing new franchise agreements to open new stores or acquiring preexisting locations to expand their unit counts while also enhancing brand development and marketing.
Food & Beverage
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