
Rent Troubles Continued for Small Businesses in July
Rent woes for small business operators continue, with nearly half reporting that they're paying more for rent now than they did six months ago.
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Rent woes for small business operators continue, with nearly half reporting that they're paying more for rent now than they did six months ago.

Bandon Holdings, the largest Anytime Fitness franchisee, has been acquired by Sentinel Capital Partners.

Inflation is forcing small business owners to absorb costs and raise prices, according to a new study from the NFIB.

A report finds that nearly half of small businesses are putting the brakes on hiring due to labor costs, inflation, and other concerns.

A new study finds consumers sticking with drive-thru ordering, with nearly half of respondents saying they are more likely to order takeout, and 70% experiencing increased wait times and impacting service quality.

A multi-unit operator has opened a new Zaxby’s location in Virginia, featuring innovative facility features and a double drive-thru layout.

Multi-brand franchisees Najib and Tarek Haidar signed a deal to open five Dave's Hot Chicken locations in South Texas.

Iowa couple signs new multi-unit deal with Scooter's Coffee, expanding their operation to three successful locations in Cedar Rapids.

57% of US companies plan to continue hiring despite recession worries.

Franchise Update Media recently wrapped its 4th Annual Franchise Innovation Awards contest.

Chicken Salad Chick franchisees Tammy and Brad Cochran have opened their fifth location in the Tampa area, expanding the brand’s presence in Florida.

Small business operators still struggle to fill vacant positions, with 23% citing labor quality as their top business problem.

A multi-brand operator is on pace to open 100 Marco's Pizza locations by 2025, with 35 locations and 44 European Wax Center locations already under his belt.

More than a third of US retailers are at risk of running out of cash due to supply chain issues.

Franchise operators Brandon Jones and Tyrone Smith have signed a five-unit deal with Del Taco, bringing the Mexican QSR brand to Alabama and Mississippi for the first time.

Rent delinquency rates in the US have reached record levels for 2022, according to the Alignable June Rent Report.

Avants Management Group has opened its 34th Zaxby's location in San Antonio, Texas, expanding the company's presence in the state.

Black Box Intelligence identifies six trends in restaurant operations, including increased average check size.

Steven Majkrzak, a multi-unit operator, has opened a new Pancheros Mexican Grill location in Bismarck, North Dakota, his third restaurant in the Bismarck area.

Small business owner optimism about the future and better business conditions is at a 48-year low, according to the latest data from the NFIB.

Scramblers, a breakfast and lunch concept, has grown in a steady, manageable way throughout the Upper Midwest with both corporate and franchised stores.

A father-son team opens their fourth Huddle House location in Reidsville, Georgia, expanding their multi-unit franchise portfolio.

A multi-brand franchisee has signed on for four Fuzzy’s Taco Shop locations.

Franchise executives must balance technology and data privacy to remain competitive in the digital era, with laws and regulations continually creating new challenges.