Jon Chesto reports in the Patriot Ledger that for years, Dunkin’ Donuts franchisees in the region have pooled their resources to purchase ingredients and equipment. Now, a large franchisee group is preparing a way for franchisees to join together to buy health insurance and other back-office services as well. The DD Independent Franchise Owners’ (DDIFO) …
Read More →Summit Partners a private equity and venture capital firm with offices in Boston has made a minority equity investment in Snap Fitness. Terms of the transaction were not disclosed. Snap Fitness, Inc., is a franchisor of compact, 24/7 express fitness clubs. Founded in 2003 by CEO Peter Taunton, Snap Fitness offers fitness clubs that emphasize …
Read More →Naomi Kooker of the Boston Business Journal reports that Massachusetts is among the top six states projected to add the most jobs in the restaurant sector this summer. The Bay State is slated to add 22,700 jobs this summer, according to employment projections released by the National Restaurant Association Thursday. That number is up slightly …
Read More →Radio broadcaster Entercom has signed a multiyear deal with Papa Gino’s Holding Corp., the parent company of Papa Gino’s and D’Angelo, to continue the restaurant chains’ 10-year partnership with Entercom through a sponsorship of portions of the Red Sox Radio Network, the company said on Wednesday. As part of the new agreement, D’Angelo will …
Read More →Mark Dubinsky, President of Dunkin Donuts Independent Franchise Owners, (DDIFO), which represents more than 1,700 member franchisee owners in 12 states. He was also CEO of his family’s 27-unit franchised network of Dunkin’ Donuts shops. NEFA member, Dubinsky wrote in the Worcester Business Journal. 10. Do Your HomeworkWork for an existing franchisee for at least …
Read More →Andre Porter has been tapped to head the Massachusetts Office of Small Business and Entrepreneurship, said Housing and Economic development secretary Daniel O’Connell on Monday. Porter, the former deputy director for the city of Boston’s Office of Business Development, will oversee the business development agency. He will spend the next several weeks holding small-business town …
Read More →The DD Independent Franchise Owners, Inc. (DDIFO), a NEFA Member and which represents the largest association of Dunkin’ Donuts franchise owners in the U.S., is announcing the creation of a new board of directors to better serve all Dunkin’ Donuts franchisees. DDIFO President Mark Dubinsky says, “This new board, comprised of five well-respected professionals, is …
Read More →QSR Magazine reported that Dunkin’ Donuts is celebrating Free Iced Coffee Day from 10 a.m. to 10 p.m. next Thursday, May 15. Customers can walk into any participating Dunkin’ Donuts restaurant throughout the country and receive a free 16 oz. cup of Dunkin’ Donuts’ premium regular, Berry Berry Iced Coffee, which combines the seasonal tastes …
Read More →NEFA Member GRP Funding has come to an agreement with the Domino’s Franchise Association to become an approved vendor. GRP Funding has helped many of their franchisees secure working capital to assist in growing their businesses. GRP Funding is a leader in the merchant cash advance industry. They specialize in short-term financing for business owners …
Read More →The following Information has been provided by Barbara Arena,CIT Small Business Lending Corporation, 781-294-2244 barbara.arena@cit.com www.cit.com SBA has decided that in light of issues raised during the meetings held across the country with lenders and CDCs, they will extend the effective date — which was to have been May 1 — by 45 days, to …
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