Strategy News--AFC, Papa John's

<b></b>

Atlanta--Embattled chain operator AFC Enterprises Inc., franchisor of Popeyes, Church's and Cinnabon, has faced a difficult business environment but expressed confidence that it would continue growing its brands and generate at least $60 million in free cash flow in 2003. AFC plans to continue to grow its brands through unit count expansion, store reimaging and new product initiatives. -Nation's Restaurant News

Louisville, Kentucky--While Papa John's has reported sales declines in 11 of the past 16 months, the company remains optimistic it can reverse its negative fortunes. Papa John's rapid growth throughout the 1990s, according to the company, yielded a company too large to manage with current staff. The company has spent $6.5 million on various initiatives that are underway to turn the chain around. -PizzaMarketplace.com

Editor's Pick

This 61-Year-Old Grandma Who Made $35,000 in the Medical Field Now Earns 7 Figures in Retirement
A 'Quiet Promotion' Will Cost You a Lot — Use This Expert's 4-Step Strategy to Avoid It
3 Red Flags on Your LinkedIn Profile That Scare Clients Away
Ben Higgins Talks Overcoming Insecurity, Finding Purpose and Juggling Multiple Business Ventures
'Everyone Is Freaking Out.' What's Going On With Silicon Valley Bank? Federal Government Takes Control.
Know Before You Buy: These Are the Costs Associated With Purchasing and Operating a Franchise

Most Popular

See all
Leadership

How to Detect a Liar in Seconds Using Nonverbal Communication

There are many ways to understand if someone is not honest with you. The following signs do not even require words and are all nonverbal queues.

By Don Weber

Celebrity Entrepreneurs

'I Dreaded Falling in Love.' Rupert Murdoch Is Getting Hitched for the Fifth Time.

The 92-year-old media tycoon announces he will wed former San Francisco police chaplain Ann Lesley Smith.

By Jonathan Small

Business News

Carnival Cruise Wants Passengers to Have Fun in the Sun — But Do This, and You'll Get Burned With a New $500 Fee

The cruise line's updated contract follows a spate of unruly guest behavior across the tourism industry.

By Amanda Breen

Starting a Business

Selling Your Business? Do These 6 Things Right Now.

If you want the maximum price you need to make these moves before you do anything else.

By Gene Marks

Leadership

5 Practical Strategies Founders Can Use to Improve Their Mental Health

Supporting your mental health is one of the most important investments you can make in your company. If you're unsure where to begin, choose one of these strategies and focus on implementing it in your everyday life.

By Valentina Zakirova

Leadership

How Great Entrepreneurs Find Ways to Win During Economic Downturns

Recessions are an opportunity to recalibrate and make great strides in your business while others are unprepared to brave the challenges. Here's how great entrepreneurs can set themselves up for success despite economic uncertainty.

By Chad Willardson