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By JoAnna Mueller EBITDA is a measure of a business’s core profitability after stripping out factors that aren’t in the company’s control or that may distort earnings. These factors are a company’s interest, taxes, depreciation and amortization.  EBIT vs EBITDA: EBIT takes away two categories that used to be included: depreciation and amortization. Companies will have a lower EBIT than EBITDA. This is disproportionately true for companies...

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By Kelly Rodenberg In the AKFCF family, there is no shortage of individuals, organizations, or groups doing remarkable things to grow the KFC brand and change lives through the continued efforts made over the last year. It is likely your life has been touched by those special individuals and organizations going above and beyond. Now is your chance to give them the recognition they deserve with...

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By Kelly Rodenberg Your adventure begins when you register. Whether this is your first or fifteenth visit to Las Vegas, get ready for a whole new experience. AKFCF is thrilled to be back in Las Vegas for the 2024 Annual AKFCF Convention and we’re ready to offer you the adventure of a lifetime. Online registration will open this month at www.akfcf.com. Watch for an email announcing the date;...

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By Shannon Prendiville The Northwest KFC Franchisee Association welcomes our newest officer to the Executive Committee. The board is pleased to announce Daniel Jackson of Graja Inc. is our 2nd VP. We are excited to have Daniel on board and look forward to many years of collaboration. The Northwest KFC Franchisee Association is looking forward to being part of this year’s Super Super Fall Regional Meeting. For...

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By JoAnna Mueller It might be time to update your employee handbook! At the beginning of August, the National Labor Relations Board issued its ruling in Stericycle, Inc., 372 NLRB No. 113 (2023). This ruling went against the more employer friendly Boeing ruling from 2017. In its place, the new standard examines whether a workplace rule or policy has a reasonable tendency to interfere with employees’ exercise...

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By Kelly Rodenberg The AKFCF has historically done strategic planning every 3-5 years to help to move the system forward. Many of our successes have come from working against strategic objectives. Looking ahead and forecasting future issues helps us to develop plans and possible solutions.The AKFCF current Strategic Plan has three goals: • Enhance Partnership – both with KFCC and the franchisee family. • Enhance Convention – increase...

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By Jennifer Thomas During the Southeast regional breakout at the Austin Convention, the nomination slate was presented and accepted by our members. The Executive Committee and Board of Directors became official on June 1, 2023. The current leadership of the SEKFCFA is as follows: President: Mike West1st VP: Eric Felker2nd VP: Michael HubbardSec/Treas: Inman HodgesIPP: Joe Kendall Board of Directors:John RevisBrian GentileDwayne McIntyreMallory ShoffnerTim VickreyHilary BlackNick PotterHoward KillgoStephanie...

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By Amber Peoples As their August recess approaches, the threat of a government shutdown is hanging over the heads of America’s lawmakers. In early June, President Joe Biden signed into law a bipartisan agreement that raised the debt ceiling to avoid an unprecedented debt default on the part of the United States. The bill, which the President negotiated with House Speaker Kevin McCarthy, contained provisions that keep...

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By Ron Gardner Last week, you received a message from KFC announcing increases in renewal fees, transfer fees and minimum royalties. Since then, I have received a few questions about this announcement and why KFC can change these costs. I wanted to send a quick note to let you know my answers.  In both the 76(5p) Agreement and the 5/15 Agreement (which, between the two, covers virtually everyone in...

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By Kelly Rodenberg The AKFCF Annual Convention is the association’s most prized asset and is very close to my heart as it is my primary job responsibility. Each year, we want to provide the best-in-class meeting experience for the franchisees, vendors, and family members. On January 13, I was charged by the executive committee to send out RFPs to seven production companies to attend and then bid...

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