Franchisors waive fees, use other lures amid financing lag, battle for operators

Franchisors waive fees, use other lures amid financing lag, battle for operators

Franchisors of some quick-service concepts that boast low start-up costs say they are seeing no shortage of applicants for franchises these days as economic uncertainties lead many would-be entrepreneurs to seek alternative careers.

However, a pronounced tightening in financing and increased competition for good franchisees among various industries may make expansion of franchised restaurant chains far harder than in the past, veteran foodservice watchers and insiders say.

Some f

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