Get All Access for $5/mo

Expansion News--Burger King, Celsius Franchising, Del Taco, Frozen Desserts Systems <b></b>

Miami-Burger King purchased 30 restaurants fromfranchisee Nath Franchising Group as part of an effort to increasethe chain's overall profitability. When the company owns theeateries, all profits go straight to the bottom line. By contrast,Burger King only receives a limited royalty stream when arestaurant is owned by a franchisee. Currently Burger King owns 9percent of its restaurants worldwide, compared with the 30 percentof McDonald's restaurants that are company-owned.-Miami Herald

Kansas City, Missouri-Celsius Franchising Inc. andWal-Mart have signed an agreement giving the tanning franchiseexclusive rights to open salons in Wal-Mart's Supercentersnationwide. Celsius plans to open salons in Wal-Marts within ayear. -The Business Journal of Kansas City

Laguna Hills, California-Del Taco has completed adevelopment agreement with Arizona Del to build six new restaurantsin Phoenix. Del Taco opened its first Arizona restaurant in 1999and currently has 19 locations in the state. -DelTaco

Bensalem, Pennsylvania-Frozen Dessert Systems Inc.,parent company of Joe's Water Ice and Petrucci's Ice Cream,is beginning West Coast operations with the opening of its neweststore in Garden Grove, California. With their first Californiafranchise, Frozen Desserts Systems hopes to cultivate the WestCoast market and will use the Garden Grove location as a base ofoperations in the West. Additional stores are scheduled to open inthe next year. -Prescott/Levinson Public Relations

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Side Hustle

The Side Hustle He Started in His College Apartment Turned Into a $70,000-a-Month Income Stream — Then Earned Nearly $2 Million Last Year

Kyle Morrand and his college roommates loved playing retro video games — and the pastime would help launch his career.

Growing a Business

How Visionary Leaders Transform Curiosity Into Groundbreaking Ideas

Lee Brian Schrager, founder of the South Beach Wine & Food Festival, discusses the spark that launched FoodieCon, his best practices for running popular food events, and why all business owners need to adapt to social media trends.

Business News

Homeowners in These 10 States Pay the Most in 'Hidden' Upkeep Costs

Hidden home costs pile on top of mortgage payments.

Data & Recovery

Get $60 off This Portable VPN Travel Router

Why keep paying for a VPN service when you can have a tiny, lightweight piece of hardware that can provide you with a lifetime of maximum VPN protection?

Money & Finance

Avoid These 10 Mistakes Entrepreneurs Make with Money

Despite the challenging statistic that only 5% of startups survive beyond five years, common financial pitfalls often contribute to their failure. Through personal observation, I've identified the prevalent financial mistakes made by entrepreneurs.

Growing a Business

5 Books to Help You Motivate, Unify and Build Perspective

In a post-Covid world, check out these must-read books to help build a more resilient organization, create a modern work culture and maintain a powerful growth mindset.