The Franchise Whales President Shares Expertise with Nation's Restaurant News

Top Quote Scott Mortier Provides First-Hand Insight for Article on How Franchisees are Financing Their Businesses. End Quote
  • (1888PressRelease) September 30, 2016 - DAVIE, Fla. - Scott Mortier, president of The Franchise Whales - a franchise incubator that helps new, emerging and existing franchises strengthen various areas of their businesses - was included in an article in the September 19, 2016 issue of Nation's Restaurant News, one of the most widely read publications in the foodservice industry.

    Titled "Old Money, New Money Combine to Build a Business," the article shares various ways today's franchisees are funding their businesses. The piece includes first-hand insight from Mortier on what he's been seeing as the EVP of Business Development for several franchise brands, including Dental Fix Rx, Froots, Gyroville, Tikiz Shaved Ice & Ice Cream and Miami Grill.

    In the article, Mortier explained the SBA loan process and shared how many new franchisees are baby boomers who are cashing in their retirement plans. He said, "Typically, it's someone who has been transitioned out of their job or laid off or displaced. They accumulated a healthy a 401(k) and are investing in themselves as entrepreneurs."

    The article can be viewed online on page 32-33 at http://viewer.zmags.com/publication/9077d9f8#/9077d9f8/32.

    ABOUT THE FRANCHISE WHALES:
    The Franchise Whales is a franchise incubator launched by David Lopez and Scott Mortier, who combined have more than 35 years' experience in franchising. The company supports independent businesses interested in developing a franchise model, emerging franchisors who want to propel their business forward and established franchisors looking to strengthen their existing systems. Areas of expertise include strategic planning, operations, marketing, management, franchise development and training. The Franchise Whales is also open to investing in the right brands. Any independent businesses or franchise companies interested in learning more about The Franchise Whales should contact Scott Mortier at (773) 255-4095, email scott ( @ ) thefranchisewhales dot com or visit http://www.thefranchisewhales.com/.

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