Joel Libava
For the first half of 2009, Papa John's said it was
suspending the 0.25 percent royalty rate increase scheduled for
January. It will also provide royalty relief and local
marketing support for struggling franchisees or markets.
The question:
Are any other franchise systems going to stall their plans for % increases in royalty payments? If so, would that be a good thing, or will it freak potential franchise buyers out?
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Read the rest of the Papa John's article here.
About the Author
Joel Libava is The Franchise King® — an independent franchise advisor with 25+ years in the industry, two published books on franchising, and his writing has been featured in The New York Times, Forbes, CNBC, Entrepreneur® Magazine and others. In addition, he wrote exclusively for the U.S. Small Business Administration blog for eight years. He doesn't sell franchises. Instead, Joel helps you figure out if franchise ownership is actually right for you — and if it is, teaches you his powerful, proven-to-work franchise research techniques, so you can make a smart, informed decision on a franchise to own and be your own boss.
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