Featured Managing Director: Rahul Aggarwal
Franchisers have stepped up incentive programs to help entice would-be entrepreneurs in a slow economy, reported the Los Angeles Times. But longtime franchisees caution that success, if it comes, will take time. Entrepreneurs may have trouble franchising or getting a loan for just one restaurant, according to Brentwood Associates managing director Rahul Aggarwal. The consumer brand private equity firm’s portfolio has companies that own Taco Bell, Pizza Hut and KFC franchises, among others. “More companies, particularly those who want to grow aggressively, are wanting to get in bed with experienced developers who have a lot of cash, and can open multiple restaurants as opposed to one-off deals,” says Aggarwal in the article.