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How Much Risk and Demand-creation Responsibility Should Franchisees Carry?
Franchise Insights

How Much Risk and Demand-creation Responsibility Should Franchisees Carry?

  • Alicia Miller
  • Dec 30, 2025

The franchise model is attractive for franchisors because it is “asset light.” Operators provide the capital, take on leases and build out exp…

Can Franchisors Create Empire Builders? Or Do They Have to Recruit an X Factor?
Franchise Insights

Can Franchisors Create Empire Builders? Or Do They Have to Recruit an X Factor?

  • Alicia Miller
  • Oct 30, 2025

I had two very different conversations not long ago with business owners that caused me to think about implications for franchise growth and r…

Big Question: Should I Sell Multi-Pack Deals to Increase Franchise Value?
Franchise Insights

Big Question: Should I Sell Multi-Pack Deals to Increase Franchise Value?

  • Alicia Miller
  • Sep 29, 2025

I received this headline question from a founder who wants to sell his franchise brand to private equity in a few years. He was reverse engine…

How to Handle Today’s Common Franchise Development Challenges
Franchise Insights

How to Handle Today’s Common Franchise Development Challenges

  • Alicia Miller
  • Aug 29, 2025

Getting your franchise development engine running and maintaining momentum is often difficult, frustrating and expensive. Even scale brands an…

Where Is Franchise M&A Deal Flow Shifting?
Franchise Insights

Where Is Franchise M&A Deal Flow Shifting?

  • Alicia Miller
  • Updated Jul 28, 2025

We were supposed to see a big comeback in M&A dealmaking this year. Instead, it’s been much slower than anticipated. But opportunities exi…

Market Uncertainty Increases Focus on Growth With Existing Franchisees
Franchise Insights

Market Uncertainty Increases Focus on Growth With Existing Franchisees

  • Alicia Miller
  • May 28, 2025

Current market and geopolitical uncertainty are creating headwinds for franchise development.

Why a Franchise’s Reputation in the Lending Community Is a Signal to Private Equity
Franchise Insights

Why a Franchise’s Reputation in the Lending Community Is a Signal to Private Equity

  • Alicia Miller
  • Apr 24, 2025

I’ve written extensively about how private equity firms evaluate the franchise attractiveness, at both the system and unit level (since PE inv…

There Are No Franchise Lifeguards, and Don’t Expect Private Equity to Save the Day
Franchise Insights

There Are No Franchise Lifeguards, and Don’t Expect Private Equity to Save the Day

  • Alicia Miller
  • Mar 28, 2025

If you’re a franchise founder or leader, play a long game if you want to win. There is too much short-term thinking out there and attempted sh…

Emerging Franchise Churn Is Problematic, but We Can Take Action to Reduce It
Franchise Insights

Emerging Franchise Churn Is Problematic, but We Can Take Action to Reduce It

  • Alicia Miller
  • Updated Feb 26, 2025

Emerging brand churn needs our attention. Churn hurts founders, franchisees, franchising’s reputation and it attracts regulatory scrutiny. We …

Why Brands Can’t Find PE Buyers—and Why It May Improve Franchising
Franchise Insights

Why Brands Can’t Find PE Buyers—and Why It May Improve Franchising

  • Alicia Miller
  • Jan 27, 2025

This is the second in my two-part series about sale outcomes.

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