Burger King to Help Franchisees Restructure <b></b>

Feb 10, 2003

Share

Miami--Burger King Corp. has launched a financial restructuring initiative to address the financial challenges of the fast-food chain's financially distressed franchisee operations. The company wants the initiative to help franchisees with short-term liquidity, the ability to meet franchisee obligations and the need to reinvest in their business. In the restructuring, Burger King said Trinity Capital will act as a neutral third party and negotiate the quickest possible resolution among the franchisees, lenders and Burger King Corp. -South Florida Business Journal

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

Editor's Pick

Businesses Are Reviving This 1800s Holiday Tradition With a 'Surprise and Delight' Factor That Drives Sales — Here's How One Buzzy Brand Is Making It Work
I Was Fired From My Job at a Bank — Then Started a Multimillion-Dollar Company. Here's How I Turned Failure Into Success.
This Couple Started a Side Hustle Out of Their Volkswagen. It Made $1 Million a Month Last Year and Is 'So Fulfilling.'
She Became CEO of Her Whole Company By Raising Her Hand and Saying This
Over a Million People Have Recently Joined Bluesky, the Ad-Free X Alternative and Threads Competitor
This Might Be the Worst Type of Person to Hire, According to an Elite Special Operations Leader — Look for These Red Flags Before It's Too Late

Most Popular

See all

Starting a Business

He Started a Business That Surpassed $100 Million in Under 3 Years: 'Consistent Revenue Right Out of the Gate'

Ryan Close, founder and CEO of Bartesian, had run a few small businesses on the side — but none of them excited him as much as the idea for a home cocktail machine.

By Amanda Breen

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

By Eve Gumpel

Franchise

The Top 10 Coffee Franchises in 2024

From a classic cup of joe to a creamy latte, grab your favorite mug and get ready to brew up success with the best coffee franchises.

By Clarissa Buch Zilberman

Marketing

How Small Businesses Can Leverage Dark Social to Drive Word-of-Mouth Marketing

Dark social accounts for 70% of social media shares and is crucial for small businesses. Here's how you can tap into this hidden marketing opportunity.

By Nicholas Leighton