News

Hardee's franchisee leverages tax credits for expansion

July 18, 2013

Saddle Peak LLC, an 11-unit Hardee's franchisee based in Little Rock, Ark., recently opened its newest Hardee's restaurant in Bryant, Ark. The company has opened four new Hardee's restaurants in the past two years and plans to open three more in the next 12 months.

To leverage this growth, the franchisee has leveraged new hire (WOTC) and state tax credits as part of its financial planning.

"Freeing up cash flow has been very beneficial for our aggressive growth model," said Nick Shurgot, president and CEO. Helping the company through this process is National Tax Credit, which provides an online screening process for managers and new hires.

NTC is a contingency-based environmental waste/recycling, energy management consulting and tax credit processing firm headquartered in Woodstock, Ga.

Read more about franchising and growth.