Finance for Restaurants | Food Newsfeed
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Finance

Restaurants' Outlook More Rosy

Visits to restaurants may be down compared to six years ago but there’s a glimmer of hope on the horizon. New research from the NPD Group shows that there were signs of improvement in the second half of 2010.

JB's Family Restaurants Closes Units, Files for Chapter 11

JB’s Family Restaurants has filed for Chapter 11 bankruptcy protection due to debts that are estimated to range as high as $50 million, but at least $10 million.The company has also closed 26 of its 50 restaurants, around half of which are company-owned and half of which are franchised.

QSR Editor Advises New Financial Reference Website

Ever wondered what exactly a daypart is or when to use the term “front of house”?A new website, www.fiwords.com, will tell you just this – at a price, of course.Fiwords.com, the “Financial Writer’s Stylebook,” offers subscribers – who pay just $12 a year – a simple way to decode terms from the foodservice, business, and finance industries and a guide on when to use them.

Franchisors Must Get House In Order to Sustain Growth

Business in the quick-serve industry is finally trending up, and with lending becoming increasingly available to operators, franchisors may soon find themselves with more prospective franchisees clamoring to get on board with their brand.

New-Age Franchising

The times are changing for many of the industries that fortified America’s capitalistic society. With banks trying to figure out how to thrive under new financial regulations, quick serves are facing a challenge to their classic business model: the franchise.