Despite Churn, Franchises Continue to Sell Once again, I am reporting on the very high churn rate for Dickey’s BBQ, yet the brand continues to sell a high number of franchises. Why? Do prospective franchisees not understand the numbers in the Franchise Disclosure Document? And, why is the government continuing to guarantee loans to a […]
Senator Cortez Masto Introduces SBA Franchise Loan Transparency Act
Today, July 31, 2019, Senator Cortez Masto (NV) introduced S.2383, The Small Business Administration Franchise Loan Transparency Act of 2019. MFOA would like to personally thank the Senator and her staff for their efforts to protect franchisee interests. You can read her press release here. For Keith Miller’s testimony in advance of this legislation being […]