The Colonel likes Bitcoin

Posted by & filed under Accounting Principles, Franchise.

Description: Well, apparently the Colonel will now take Bitcoin in Canada for KFC’s new Bitcoin Bucket. On January 11 KFC tweeted “Sure, we don’t know exactly what Bitcoins are, or how they work, but that shouldn’t come between you and some finger lickin’ good chicken.” It’s a rather amusing story to accompany all the media… Read more »

Something brewing at Tims

Posted by & filed under Franchise, Managerial Accounting.

Description: Tim Horton’s franchise holders are upset with Restaurant Brands International (RBI), the famous cost-cutting owners of Tim Hortons and Burger King. The franchisees say cost cutting has gone too far, with stores now seeing inferior quality in such products as coffee pots, cup lids and trays. The Great White North Franchisee Association has been… Read more »

Tim Hortons plans 800 more restaurants

Posted by & filed under Accounting Careers, Advanced Accounting, Financial Accounting, Franchise.

   Increase in Tim Hortons Franchises Tim Hortons has laid out an ambitious plan to add 800 more franchise outlets by 2018, the latest shot in an escalating war to stay on top of the quick breakfast and coffee market. The TSX-listed company said Tuesday it will add as many as 300 new locations in… Read more »