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Risks and Rewards of Owning a Restaurant Franchise

US Business News Staff 2 US Business News Staff 2 on June 3, 2025

Owning a restaurant franchise can offer certain advantages that attract many entrepreneurs looking to enter the food industry. One key benefit often cited is the ability to start a business with an established brand and operational framework. In cities where competition among eateries is intense, leveraging a recognized franchise can help draw customers who are already familiar with the menu and service style. This familiarity may reduce some of the uncertainties associated with launching an entirely new concept.

Franchise owners typically gain access to training programs and ongoing support from the franchisor, which can be particularly valuable for individuals with limited experience in restaurant management. These resources often include guidance on supply chain logistics, marketing strategies, and staff training. In suburban or tourist-heavy areas, such support can assist owners in adapting to local preferences while maintaining consistent brand standards.

Moreover, franchises may benefit from collective purchasing power, enabling cost savings on ingredients and equipment that independent restaurants might not easily secure. This economic advantage can contribute to more predictable operating expenses. However, the extent of these benefits depends on the specific franchise system and market conditions.

Read also: Recruiting Firm PrincePerelson: Supporting Businesses Through People-Centered Recruiting

How Might Financial Risks Present Challenges for Franchise Owners?

Despite the potential rewards, owning a restaurant franchise involves financial risks that require careful consideration. Initial investment costs can be substantial, including franchise fees, equipment purchases, leasehold improvements, and working capital. In densely populated urban centers where commercial rents are high, these expenses can place significant pressure on cash flow, especially in the early months of operation.

Ongoing fees, such as royalties and marketing contributions paid to the franchisor, add to operational costs. These fees are generally fixed percentages of gross revenue, which means they impact profitability regardless of the business’s financial performance. Franchisees may find it challenging to balance these obligations with the need to invest in quality staff, local advertising, and facility maintenance.

Market saturation presents another financial concern. In regions with multiple franchise locations or competing brands, attracting and retaining customers can become more difficult. Economic downturns or shifts in consumer preferences can also reduce foot traffic and sales. The rigidity of some franchise agreements may limit an owner’s ability to adapt quickly to changing market conditions, adding to financial vulnerability.

What Operational Considerations Should Prospective Franchise Owners Be Aware Of?

Running a franchise often involves adhering to strict operational standards set by the franchisor, which can both support consistency and limit flexibility. Owners might be required to follow specified menu items, supplier lists, pricing strategies, and marketing campaigns. While these guidelines help maintain brand identity, they may restrict the ability to tailor offerings to local tastes or experiment with new ideas.

Staffing is another operational challenge, particularly in locations where labor markets are tight or turnover rates are high. Franchise owners must recruit, train, and retain employees who can deliver the expected customer experience. This effort requires time and resources, and inconsistent staffing can affect service quality and brand reputation.

Inventory management, food safety compliance, and equipment maintenance are ongoing tasks that demand attention to detail and sound organizational skills. In busy metropolitan restaurants, high customer volume amplifies the importance of efficient operations. Franchise owners often balance these demands with the need to maintain customer relationships and address daily issues that arise.

How Can Owning a Restaurant Franchise Impact Entrepreneurial Autonomy?

Franchise ownership provides an opportunity to run a business with the backing of a larger organization, but it often entails compromises in autonomy. Decisions about product offerings, branding, and operational processes may be largely dictated by the franchisor. This structure suits entrepreneurs who prefer to work within established systems but may frustrate those seeking full control over creative or strategic direction.

In some franchise models, owners have limited influence over pricing policies or promotional activities, which can affect the ability to respond to local competition or customer feedback. While some franchisors encourage franchisee input through advisory councils or feedback mechanisms, ultimate authority generally rests with the corporate entity.

The balance between autonomy and support varies among franchises. Potential owners benefit from carefully reviewing franchise agreements and understanding the extent of control they will retain. Aligning personal business goals with the franchise’s framework is critical to long-term satisfaction and success.

Read also: Finding the Perfect Theme for Your Restaurant

Why Is It Important to Weigh Both Risks and Rewards Before Investing in a Restaurant Franchise?

Considering both the potential benefits and challenges of restaurant franchise ownership is essential for making an informed decision. While franchises offer brand recognition, support, and established business models, they also come with financial commitments, operational constraints, and market risks. Entrepreneurs who assess these factors in the context of their own skills, resources, and local market conditions can better evaluate whether franchising aligns with their objectives.

Careful due diligence, including financial analysis, conversations with current franchisees, and consultation with industry professionals, can provide a clearer picture of what ownership entails. Understanding the dynamic nature of the restaurant industry and preparing for variability in customer demand and operational pressures is also important.

A balanced perspective enables prospective franchise owners to develop realistic expectations and plan strategies that address both opportunities and challenges. This approach contributes to more sustainable business outcomes and helps navigate the complexities inherent in the restaurant franchising sector.

Miami Engines: Your Trusted BMW Engine Specialist in Miami

US Business News Staff US Business News Staff on June 3, 2025

When it comes to BMW performance and precision, trust matters. That’s why Miami Engines has become the go-to destination for BMW owners across the U.S. looking for expert engine solutions. Known for its specialized focus and unmatched technical knowledge, the Miami-based company offers complete BMW engine rebuilds, remanufacturing, diagnostics, and support — all with the attention to detail these luxury machines deserve.

With decades of combined experience and a passion for German engineering, Miami Engines stands out as a leader in BMW engine repair and remanufacturing.

Unmatched Expertise in BMW Engines

BMW engines are complex, high-performance systems — and not every mechanic is equipped to handle them. At Miami Engines, BMW engines aren’t just part of what they do; they’re the core of the business. The company works exclusively with BMW powertrains, from inline-6 engines like the N52 and N54 to high-performance V8s like the S65 and N63.

This singular focus allows the team to deliver a level of precision and reliability that general repair shops simply can’t match. Whether you’re a shop needing a remanufactured engine or a car owner looking for a trusted rebuild partner, Miami Engines offers professional service backed by factory-level expertise.

BMW Engine Rebuild and Remanufacturing Services

Miami Engines specializes in complete BMW engine rebuilds using premium components and exacting specifications. Their in-house process includes full disassembly, deep inspection, machining, and professional reassembly — restoring engines to like-new performance.

Services include:

  • BMW engine rebuilds for most major models
  • Precision machining and cylinder head work
  • Timing chain and Vanos system restoration
  • N54/N55 turbo system rebuilds
  • S63/S65 high-performance engine services
  • Core exchange programs with fast shipping nationwide

By rebuilding rather than replacing, clients get a cost-effective solution that maintains original BMW performance — with quality ensured.

Miami Engines: Your Trusted BMW Engine Specialist in Miami

Photo Courtesy: Miami Engines

Serving Drivers, Repair Shops, and Dealerships Across the U.S.

While based in Miami, Florida, Miami Engines works with clients from across the country. Their nationwide shipping and engine exchange program makes it easy for repair shops and BMW enthusiasts everywhere to access specialized services they can trust.

Whether it’s a failed N20 timing chain or an oil-burning S63, the team at Miami Engines has seen — and solved — it all.

Why Choose a BMW Engine Specialist?

BMWs are built to deliver precision performance — but that also means they demand specialized care when things go wrong. Working with a BMW engine specialist like Miami Engines ensures that your vehicle is handled by technicians who understand the unique engineering, tolerances, and technologies behind each model.

The company’s team follows strict rebuild procedures, uses only high-grade OEM or equivalent parts, and performs multi-point testing to ensure every engine meets or exceeds factory specs.

A Reputation Built on Trust and Results

What sets Miami Engines apart is not just their technical knowledge, but their commitment to quality and transparency. From detailed diagnostics to thorough rebuild reports, clients receive clear, honest information every step of the way. The company’s strong reputation is built on years of delivering engines that perform — and last.

BMW enthusiasts, performance drivers, and independent shops alike rely on Miami Engines for one reason: they get the job done right.

Power Your BMW with Confidence

Whether you’re looking to restore your daily driver, upgrade your performance build, or find a reliable partner for your repair shop, Miami Engines is here to help. With factory-level skill and a personal approach, they make sure every BMW engine leaves their facility ready for the road ahead.

Explore their full range of services and learn more about what makes them the trusted BMW engine specialist in Miami at miamiengines.com

Sergeant Major Keith L. Craig’s Vision for the Future of Global Film Distribution

US Business News Staff US Business News Staff on June 3, 2025

By: Georgette Virgo

In a room brimming with Hollywood’s most influential figures, Sergeant Major Keith L. Craig, a decorated U.S. Army veteran who contributed to generating over $42 billion in global box office receipts for Disney, asked himself, “What am I doing for independent filmmakers?” Since then, this question has inspired a new mission: to reduce barriers that keep talented filmmakers from wider recognition and build connections between Hollywood and the world’s often-overlooked creative communities.

Entering the World of Entertainment

Raised in a small Southern town, Sergeant Major Keith L. Craig spent over three decades in the U.S. Army, earning 52 awards and decorations, including three Bronze Stars (combat zone) and the Legion of Merit. He served alongside generals such as Norman Schwarzkopf, David Petraeus, James Mattis, and Colin Powell, participating in operations that shaped the world, including the retrieval of Osama Bin Laden.

Sergeant Major Keith L. Craig's Vision for the Future of Global Film Distribution

Photo Courtesy: Sergeant Major Keith L. Craig
(General David Petraeus and Sergeant Major Keith L. Craig)

While deployed, he also played professional football in Europe, winning six championships across three countries during a single season. When Sgt. Major Keith L. Craig transitioned from the military to the entertainment industry, he didn’t just change uniforms; he brought a new perspective to the rules of engagement.

At Walt Disney Studios, where he became a film distribution executive, he and his colleagues contributed to the distribution strategies of several major films of the past decade—including Captain Marvel, Guardians of the Galaxy, Captain America: The Winter Soldier, Star Wars: The Rise of Skywalker, Incredibles 2, Toy Story 4, and Avengers: Endgame.

His work helped Disney achieve over $42 billion in global theatrical releases during his tenure, reflecting his skill in film distribution and strategy.

Strategic and Holistic Approach to Decision Making

As a dynamic film distributor, executive producer, and film producer, Sgt. Major Craig’s approach emphasizes the importance of details. His experience in combat taught him that “every detail matters, every resource counts, and every team member should be empowered to contribute.”

For Sgt. Major Keith L. Craig, success is not just about the story but about adopting a comprehensive approach. His team considers market trends, audience behaviors, timing, and platform preferences to tailor release strategies for each film.

A Blueprint for Inclusion

Sgt. Major Keith L. Craig has used his influence to address a longstanding issue for underrepresented and international filmmakers: access. This motivation led to the founding of Porter + Craig Film and Media Distribution, a company focused on broadening access to the global film marketplace. The Sgt. Major’s vision is not only to distribute films but to equip filmmakers with tools, strategies, and industry knowledge to support their growth.

“It’s not enough to make great films,” Sgt. Major Keith L. Craig explains. “The real challenge is getting those films seen—especially if you don’t have the right connections or resources.”

His combination of operational expertise, entertainment industry insight, data-driven distribution methods, and inclusion strategies has contributed to the growth of his professional network and financial standing, with projections expected to exceed $100 million.

Bridging Continents and Cultures

Porter + Craig’s distinguishing feature is its global reach and inclusive philosophy. Sgt. Major Craig actively seeks partnerships beyond Hollywood’s traditional boundaries, engaging with industries like Bollywood and Nollywood to amplify stories from diverse regions.

In its initial years, Porter + Craig managed between 50 and 100 films annually, including titles such as the Portuguese Academy Award-nominated Nothing Ever Happened, sci-fi thrillers, and documentaries like Roger Corman: The Pope of Pop Cinema. Today, the company secures roughly 50 to 75 licensing deals annually and co-produces several films each year.

Sgt. Major Keith L. Craig’s commitment to inclusion extends into festival support. He co-founded and advises international film festivals such as the Mid-America and Fort Smith International Film Festivals, providing platforms for emerging filmmakers from less-exposed areas. For example, the Mid-America Film Market showcased over 200 films in its inaugural year, with 80 featuring local talent from Arkansas and Oklahoma.

Checkpoint Decoder: Demystifying the Industry

As an author, Sgt. Major Keith L. Craig centers part of his mission on education. His book, Checkpoint Decoder: Unlocking the Film Distribution Codes, serves as a masterclass for aspiring filmmakers. Drawing from his Disney experience, he outlines the Six Phases of Filmmaking, Market Opportunities, and the Four Quadrant Film Approach—industry tactics presented in an accessible format.

Sergeant Major Keith L. Craig's Vision for the Future of Global Film Distribution

Photo Courtesy: Sergeant Major Keith L. Craig

The book offers more than a guide; it provides a framework for navigating an industry often guarded by gatekeepers. Sgt. Major Keith L. Craig’s methodical approach helps filmmakers understand the channels and decision points from post-production to exhibition, creating potential pathways for films to find appropriate audiences regardless of budget or background.

“It’s about making sure the next generation of filmmakers doesn’t just survive, but thrives,” Sgt. Major Keith L. Craig says. “We want to see more diverse stories on screen, more voices at the table, and more opportunities for everyone.”

The Power of Mentorship and Leadership

Known as the “Hollywood Whisperer,” Sgt. Major Craig’s leadership is deeply influenced by his military values: humility, strength, and integrity. His debut book and international bestseller, Serving to Lead, shares lessons guiding him from the battlefield to the boardroom.

Whether in military or entertainment contexts, Sgt. Major Keith L. Craig believes leadership means lifting others up. “It’s about empowering others, not just yourself. Real leadership is measured by the opportunities you create for others,” he says.

This philosophy underpins his coaching and mentorship programs, which offer personalized guidance to filmmakers navigating the complexities of the industry. Through masterclasses, keynote speeches at Cannes and Howard University, and one-on-one consultations, Sgt. Major Keith L. Craig continues sharing his expertise and network.

A New Model for Global Media Distribution

Porter + Craig’s influence is growing. The company plans expansion into European and Middle Eastern markets in the near future. Its model—merging Hollywood expertise with a commitment to inclusion—is garnering attention from industry professionals and competitors alike.

Sgt. Major Keith L. Craig’s vision is both ambitious and pragmatic. He believes the future of media distribution depends on global collaboration, technological advances, and sustained focus on access and equity. With streaming platforms and digital markets reshaping the industry, new distribution models are increasingly important.

As Sergeant Major Keith L. Craig and Porter + Craig work to build bridges across continents and cultures, his story serves as a reminder: the future of global media distribution will be shaped not only by technology or investment but by the willingness to open doors for others.

As he notes, “The world is full of incredible stories. Our job is to ensure they find their audience—no matter where they’re from.”

Disclaimer: This article is for informational purposes only and does not constitute financial, legal, or professional advice. Any projections or estimates mentioned are not guarantees of future results. Readers are encouraged to consult qualified experts for advice tailored to their specific circumstances.

From Manila to Wall Street, An Interview with Butch Meily

US Business News Staff US Business News Staff on June 3, 2025

By: Jaime Yun

Butch Meily carried with him the compelling need to tell a story—one not just about himself, but about the man who had profoundly impacted his life: Reginald Lewis. In his book, From Manila to Wall Street: An Immigrant’s Journey with America’s First Black Tycoon, Meily captures the essence of ambition, resilience, and the transformative power of mentorship.

A Newcomer’s View of America

Arriving in the United States, Meily was enthralled by the vastness of the land and the openness of the people. The country felt boundless, seemingly filled with endless possibilities. Unlike in the Philippines, where cultural norms often dictated a more reserved demeanor, Americans spoke their minds freely, an honesty that both surprised and impressed him. The idea of success, often linked to talent and hard work, motivated him to push forward despite the challenges of being an immigrant in a fiercely competitive environment.

Yet, his initial impressions of America were somewhat naïve, shaped by the glossy portrayals of Hollywood. Reginald Lewis, with his sharp insights and no-nonsense approach, soon challenged that illusion. Lewis accused him of seeing the U.S. through candy-colored lenses, and through their time together, Meily began to grasp the deeper complexities of race, privilege, and struggle in America.

Adapting to a New Culture

Navigating the high-stakes world of Wall Street required more than just intelligence and hard work—it demanded cultural adaptation. Meily quickly learned that the Filipino tendency to be modest and avoid self-promotion did not translate well in New York City’s cutthroat business culture. To succeed, he had to find a balance between staying true to his values and asserting himself in ways that were necessary for professional growth.

America changed him, making him more vocal, more direct. Yet, the transformation was never complete—it was a continuous process of learning and adaptation. Despite the shift in his communication style and approach to business, at his core, he remained the same person: honest, principled, and guided by integrity.

Lessons from a Titan

Reginald Lewis, a trailblazer in American business, became more than just a mentor to Meily—he became a window into a world he had never fully understood. Working alongside the first Black tycoon of America opened his eyes to the racial dynamics that shaped the country. He witnessed firsthand the barriers Lewis faced and the sheer force of will it took to break them down.

Lewis’s mantra, “Keep going, no matter what,” became a guiding principle for Meily. He saw how Lewis harnessed the power of leveraged buyouts (LBOs) to build wealth, not just for himself, but for others. It was a revelation—one that reshaped Meily’s understanding of business and opportunity. Yet, despite Lewis’s achievements, Meily also observed the isolation that came with such towering success. The demands of work took precedence over personal life, a lesson Meily later reflected on with bittersweet clarity, particularly regarding his own family life.

Carving a Path in a Foreign Land

In the fiercely competitive world of public relations and finance, Meily had to build relationships while navigating the complexities of being both an immigrant and a minority. Yet, he never allowed these labels to define his professional interactions. To him, success was rooted in authenticity. He sought to be honest, forthright, and true to his principles, whether he was working with Lewis or advising other clients.

His defining moments in America were not just professional milestones but personal affirmations of his progress. The substantial bonuses he received during his tenure with Lewis, the shares he was granted in the company, and the thrill of landing a major story in The New York Times all signified moments of achievement. Each of these victories reinforced the sense that he had not only survived in America but thrived.

The American Dream—Still Alive?

Through his journey, Meily came to a firm belief: the American Dream remains a powerful ideal. His story serves as an example of the opportunities the country offers, but also as a reminder of the perseverance required to seize them.

One of the most poignant messages of his book is the importance of breaking down prejudices within and beyond immigrant communities. In a candid reflection, he acknowledges that some immigrants arrive with preconceived notions about race, particularly about Black Americans. Through his deep association with Lewis, Meily gained a new perspective—one that underscored the fundamental truth that people, regardless of background, share many of the same struggles, ambitions, and dreams.

Yet, success is not just about wealth or professional accolades. Meily emphasizes the importance of holding onto core values: faith in God, the love of family, and a sense of purpose. In the epilogue of his book, he expresses a profound hope that these lessons have been passed down to his son, forming a legacy that extends beyond financial success.

A Story That Inspires

From Manila to Wall Street is more than just a memoir; it is a reflection on ambition, cultural identity, and the profound impact of mentorship. Meily’s journey underscores the widely held truth that resilience, integrity, and an openness to learning are essential to success. His story, intertwined with the legacy of Reginald Lewis, serves as an inspiration for immigrants and dreamers alike—a reminder that with determination, even the most daunting challenges can be overcome.