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December 13, 2022 –<a href="https://www.iwgplc.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=iwg-announces-four-new-pennsylvania-locations-as-demand-for-hybrid-working-continues-to-grow-2720926" target="_blank" rel="nofollow">&nbsp;IWG, plc</a> (LSE: IWG), the world’s largest provider of hybrid work solutions, announces four new flexible workspaces as the demand for hybrid continues to grow with companies of all sizes permanently embracing the model.Growing demand for flexibility and access to professional spaces is underscored by record demand for hybrid working with IWG adding two million customers in the last year, as more and more businesses empower workers to work close to home in the heart of local communities. The four new&nbsp;<a href="https://www.regus.com/en-us?utm_source=1851franchise.com&utm_medium=article&utm_campaign=iwg-announces-four-new-pennsylvania-locations-as-demand-for-hybrid-working-continues-to-grow-2720926" target="_blank" rel="nofollow">Regus</a> centers will be located across the state; Allentown and Lansdale, in the tri-state area, Harrisburg, in the south central region, and Warrendale, a small town outside of Pittsburgh. The new locations will offer IWG’s full suite of facilities, including private offices, co-working and collaboration spaces, meeting rooms and a host of tech services, like IT support.&nbsp;IWG will add four new Regus centers located at:<ul><li>835 Hamilton St, Allentown</li><li>1690 Sumneytown Pike, Lansdale</li><li>835 Hamilton St, Harrisburg</li><li>50 Pennwood Place, Warrendale</li></ul>“We are delighted to be working with new partners to bring the numerous benefits of hybrid working to businesses, local communities and employees in the area. Over the past two and a half years, demand for hybrid working solutions has rapidly increased as workers enjoy a significantly improved work/life balance with less time spent commuting and employers benefitting from substantial cost savings and the ability to recruit from a wider pool of talent,” said Mark Dixon, IWG Founder and CEO.&nbsp;“With 82% of CFOs noting in a recent study that the hybrid model offers a significantly lower cost base, leading to an ever-increasing number of businesses committing to the hybrid model for the long-term. As a result, we will see the Great Lease Resignation of traditional office space continue and the growing appeal of shared office and co-working spaces as a much more attractive alternative,” said Dixon.&nbsp;IWG’s new Pennsylvania locations expand access to flexible workspaces as the demand for hybrid work in suburban and exurban areas has continued to grow over the past several years. IWG workspaces help drive the growth of a variety of local communities including the capital of the state, the tri-state area and suburbs outside Philadelphia and Pittsburgh.A reflection of the growing demand for flexible workspaces in suburban communities, IWG’s new Pennsylvania locations will serve the growing number of people who have relocated to suburban areas for a better work-life balance.Among IWG’s global customer base are 83% of Fortune 500 companies, who benefit from access to IWG’s unparalleled network of workspaces including 1,100 locations in the U.S. and 3,500 locations in over 120 countries around the world.&nbsp;As the demand for hybrid working solutions accelerates, IWG is opening the vast majority of its new locations in partnership with commercial real estate owners, developers and franchisee investors. Partnering with IWG enables landlords to add value to their properties and benefit from IWG’s innovative tech platform and proven sales and marketing model. Strategic partnerships are varied and flexible - anything from simple fit-outs to revenue and profit-sharing arrangements. The IWG team can tailor solutions in whatever format and style to meet the specific needs of buildings and customers.&nbsp;To learn more about IWG, please see&nbsp;<a href="https://www.iwgplc.com/en-gb?utm_source=1851franchise.com&utm_medium=article&utm_campaign=iwg-announces-four-new-pennsylvania-locations-as-demand-for-hybrid-working-continues-to-grow-2720926" target="_blank" rel="nofollow">here</a>.??Workers can tap into these centers using the<a href="https://www.iwgplc.com/en-gb/download-our-app?utm_source=1851franchise.com&utm_medium=article&utm_campaign=iwg-announces-four-new-pennsylvania-locations-as-demand-for-hybrid-working-continues-to-grow-2720926" target="_blank" rel="nofollow">&nbsp;IWG app</a>, where users can reserve a desk while taking advantage of a range of professional products and services.&nbsp;&nbsp;About IWG PLC&nbsp;&nbsp; &nbsp;IWG is leading the workspace revolution. Our companies help millions of people and their businesses to work more productively. We do so by providing a choice of professional, inspiring and collaborative workspaces, communities and services.&nbsp; &nbsp;&nbsp;Digitalization and new technologies are transforming the world of work. People want the personal productivity benefits of living and working how and where they want. Businesses want the financial and strategic benefits. Our customers are start-ups, small and medium-sized enterprises, and large multinationals. With unique business goals, people and aspirations. They want workspaces and communities to match their needs. They want choice.&nbsp; &nbsp;Through our companies we provide that choice, and serve the whole world of work: Regus, Spaces, No18, Basepoint, Open Office and Signature. We create personal, financial, and strategic value for businesses of every size. From some of the most exciting companies and well-known organizations on the planet, to individuals and the next generation of industry leaders. All of them harness the power of flexible working to increase their productivity, efficiency, agility, and market proximity. Join us at<a href="http://www.iwgplc.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=iwg-announces-four-new-pennsylvania-locations-as-demand-for-hybrid-working-continues-to-grow-2720926" target="_blank" rel="nofollow"> www.iwgplc.com</a>&nbsp;and for more information on partnering with IWG see<a href="https://eur03.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.iwgplc.com%2Fdevelop-a-location&amp%3Bdata=05%7C01%7CSimon.Condon%40iwgplc.com%7Ced0ac07669c740d0bb4208dad4986696%7C88155c28f750401391d38347ddb3daa7%7C0%7C0%7C638056048261433032%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&amp%3Bsdata=TOrQ%2FC79lUIbjskAjM4auJvKrgni3CPWjRpfzDcSVek%3D&amp%3Breserved=0&utm_source=1851franchise.com&utm_medium=article&utm_campaign=iwg-announces-four-new-pennsylvania-locations-as-demand-for-hybrid-working-continues-to-grow-2720926" target="_blank" rel="nofollow">&nbsp;https://www.iwgplc.com/develop-a-location</a>&nbsp;###&nbsp;

IWG Announces Four New Pennsylvania Locations As Demand For Hybrid Working Continues to Grow

1851 Franchise

World’s largest provider of hybrid work solutions announces plans to open four new Regus centers in suburban markets across the state.

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How much can franchisees make? It’s a question many prospective owners ask before investing in a franchise. While earnings tend to be driven by variables such as industry, location and general management skills, a proper understanding of the key factors driving profitability can help franchise owners develop expectations that are realistic.&nbsp;Multi-unit franchisee&nbsp;<a href="https://www.linkedin.com/in/mangesh-patel-9368569/">Mangesh Patel</a>, who’s readying the launch of six&nbsp;<a href="https://www.beefobradysfranchise.com/">Beef ‘O’ Brady’s</a> restaurant locations in the Macon, Georgia area, shares insights from his franchising experience.<h2>Understanding Franchise Income</h2>Keeping operational costs in check can have a major impact on overall earnings. Taking a proactive approach to expenses such as food and labor, as well as payroll and scheduling, can help align actual franchise income with general expectations for the business.“I just had a meeting with a couple of people, and they said, ‘You talked about a 25% profit margin, but I’m only doing 12%.’ So, I looked at the figures they sent me,” Patel said. “Their&nbsp;<a href="https://1851franchise.com/calculate-restaurant-franchise-profit-2730476">restaurant</a> food cost was running at 37%, which should be around 30%. The national average is about 32%. If I do things correctly, my average food cost needs to be at or below 30%. And payroll should run around 18%. But many people run 25 to 28%.”So,&nbsp;<a href="https://1851franchise.com/unraveling-franchise-earnings-how-much-can-you-really-make-2723935">how much can franchisees make</a>? Here are five areas to consider.<h2>Practical Tips for Prospective Franchisees</h2><ol><li>Control Costs From Day One:&nbsp;It’s important to monitor payroll, food and supply costs closely. Overstaffing and inefficiencies can quickly reduce profits.</li><li>Plan For The Opening Surge:&nbsp;Traffic within the first few months of opening is likely to be higher. It’s important to adjust staffing and inventory accordingly, and pay close attention to how those levels change as time goes on.</li><li>Invest In Training:&nbsp;Properly trained workers can help reduce waste and improve overall service, which has a direct effect on net income.</li><li>Understand Your Market:&nbsp;Each market is unique and revenue potential will vary depending upon location, demographics and competition.</li><li>Track Metrics Regularly:&nbsp;Food cost percentages, labor ratios and weekly sales data act as key indicators operations may need to be adjusted.</li></ol><h2>What Profitability Really Comes Down To</h2>Patel notes that if franchise owners manage labor and costs properly, it’s not impossible to achieve strong cash flow even in the first year, bucking some franchising trends.So,&nbsp;<a href="https://1851franchise.com/how-much-can-you-make-as-a-franchise-owner-2724761">how much can franchisees make</a>? While results tend to vary, careful planning, disciplined operations and a proactive approach to assessing initial costs are essential. But by grasping and guiding the elements that drive franchise profitability, franchise owners can maximize overall business earnings, scaling a business that’s sustainable financially over the long term.Want to learn more about franchise opportunities on 1851 Franchise? Be sure to visit our&nbsp;<a href="https://1851franchise.com/power-rankings">Power Rankings</a> to read more on brands making moves.

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<a href="https://hardeesfranchising.com/">Hardee’s</a>, a 65-year-old burger chain best known for its Thickburgers and breakfast biscuits, is facing a fast-moving round of closures driven by a franchise dispute rather than a bankruptcy filing.&nbsp;<a href="https://www.inc.com/ava-levinson/hardees-shutting-dozens-restaurants/91282586">Inc. recently reported that</a> 77&nbsp;<a href="https://1851franchise.com/franchise-deep-dive-hardees-franchise-costs-fees-profit-and-data-2721286">Hardee’s</a> restaurants are expected to close within two weeks as one of the brand’s largest franchisees exits the system.&nbsp;According to the report, Hardee’s is suing&nbsp;<a href="https://www.arcburger.com/">ARC Burger</a> — a franchise operator owned by&nbsp;<a href="https://www.highbluffcap.com/">High Bluff Capital Partners</a> — alleging the company fell behind on required payments and other contract obligations. Twenty-eight locations had already gone dark as of late December, with remaining sites scheduled to shutter across eight states: Alabama, Florida, Georgia, Illinois, Missouri, Montana, South Carolina and Wyoming.&nbsp;At the center of the complaint is the franchising “stack” of ongoing fees and pass-through costs that keep a system running. ARC Burger allegedly owes more than $6.5 million, including royalties, advertising fund contributions, technology and training fees, rent and taxes, and that payments stopped in December 2024. Hardee’s also argued in the lawsuit that the franchisee’s cash flow was not being used to bring accounts current.&nbsp;Hardee’s, for its part, is framing the shutdowns as a contractual enforcement issue, not a brand-wide retrenchment. “These closures are a result of ARC Burger’s failure to cure its defaults under its franchise agreements, despite solid sales,” a Hardee’s spokesperson said.&nbsp;The situation highlights a familiar franchising pressure point: unit economics. Inc. reported that Hardee’s operates more than 1,800 U.S. restaurants and that average annual sales per location are less than $1.2 million, well below averages cited for&nbsp;<a href="https://1851franchise.com/franchise-deep-dive-wendys-franchise-costs-fees-profit-and-data-2722520">Wendy’s</a> and&nbsp;<a href="https://1851franchise.com/how-much-does-it-cost-to-buy-a-mcdonalds-franchise-2724654#stories">McDonald’s</a>. Lower volumes can leave franchisees with less room to absorb higher labor, food and occupancy costs while staying current on fees.&nbsp;Hardee’s said it is working to limit fallout for workers and communities and is looking for ways to reopen closed restaurants. For franchising, the next chapter will likely involve finding replacement operators, transferring sites and rebuilding compliance — a reminder that franchise growth depends as much on franchisee solvency and execution as it does on consumer demand.Read the original article&nbsp;<a href="https://www.inc.com/ava-levinson/hardees-shutting-dozens-restaurants/91282586">here</a>.Want to learn more about how 1851 helps franchisees find the right franchise opportunity? Visit&nbsp;<a href="https://www.1851growthclub.com">www.1851growthclub.com</a> and start your journey.

Hardee's Franchise - ARC Burger Lawsuit - 1851 Franchise

The closures stem from alleged unpaid royalties and missed franchise obligations by a major operator, not a broader chainwide collapse for the Hardee’s system.

IWG Announces Four New Pennsylvania Locations As Demand For Hybrid Working Continues to Grow

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