The Northern Illinois Franchise Association (NIFA), co-founded by Jamie and Lauren Izaks and Andrew Bleiman, recently hosted its 2019 December Luncheon at Tortoise Supper Club in Chicago.
The December Luncheon featured an in-depth panel discussion on 2020 restaurant and real estate trends, and we had a full house in attendance. Panelists included Andrew Margolick, President of ARM Consulting, LLC and Peter Block, Executive Vice President of Colliers International.
The panelists talked about a variety of topics exploring real estate considerations for 2020, with discussion points such as best practices for negotiating and re-negotiating leases, the impact of delivery services on retail, advice for working with landlords, and much more. Key takeaways from the panelists included being proactive with leases and having the willingness to renegotiate or change them, as well as balancing the rent-to-sales ratio. An audience Q&A followed the panel, allowing members to dive deeper into the need-to-know information on real estate considerations and trends.
In addition to the discussion, panelists and guests of the NIFA 2019 December Luncheon enjoyed time to network and eat a delicious meal, including the choice of the kale and quinoa salad, prime rib sandwich or roast chicken cacciatore, followed by assorted miniature house-made desserts. Free valet parking was sponsored by All Points PR and Marks & Klein.
We want to thank all of the panelists and guests for such a fantastic event to round out 2019, and we look forward to another exciting year in 2020! These events allow NIFA to continue its work educating the Chicagoland community about the most pressing franchise-related topics of the day, and encourage exclusive networking opportunities.
Stay tuned for details on the upcoming NIFA 2020 March Luncheon, and visit www.northernilfranchise.org for more information about the organization.