What Is a Franchise System and How Does It Function?

A franchise system is a business model where a franchisor allows independent franchisees to operate under its brand. This arrangement means franchisees benefit from established branding, support, and resources, as well as adhering to specific guidelines. You’ll find that each franchise agreement outlines the terms of this partnership, including fees and operational expectations. Comprehending howContinueContinue reading “What Is a Franchise System and How Does It Function?”

Marymount Manhattan College to Pay $8.4M for Misusing PPP Funds

Marymount Manhattan College (MMC) has reached a settlement with the federal government, agreeing to pay over $8.3 million due to its improper receipt of a Paycheck Protection Program (PPP) loan. This is significant not only for the college but also for small businesses navigating similar federal assistance programs during challenging times. In a press releaseContinueContinue reading “Marymount Manhattan College to Pay $8.4M for Misusing PPP Funds”

FT tech reporter McGee to become contributor

Financial Times tech correspondent Patrick McGee is leaving full-time employment at the publication. He has three new contributor arrangements: After a decade-plus on staff with the FT, he’s shifting to become a features contributor; He will be a contributing writer at The Free Press, working under Mark Gimein who is leading a new Business andContinueContinue reading “FT tech reporter McGee to become contributor”

“Carolina Business Review” ends 34-year run

“Carolina Business Review,” a weekly business news show airing on PBS stations around North Carolina and South Carolina, is ending after 34 years. Executive Producer Chris William writes, “In 1991, it started with a simple idea: put serious people in the same room, ask serious questions, and let the conversation do the heavy lifting. No shouting. NoContinueContinue reading ““Carolina Business Review” ends 34-year run”

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