Raising Fees, Increases in menu prices, Riising costs of produce/meats/ingredients, adding credit card usage surcharges are deterrents
If FUNN is actually serious about moving towards positive net profitability, they should simply close Provo, Chicago, and two of 3 Toronto cafes.
FUNN should obtain a low interest loan to cover 5 years' worth of: * A CEO who has restaurant and franchising experience * Accounting services * 5 years of auditing
and focus on franchising in the USA; where franchisees would be responsible for all build-out and operational costs - and pay Franchising Fees to FUNN (which incorporate costs for accounting, auditing, and marketing).
This would eliminate: * Need for approving additional common shares; which will dilute Minority SH value. * Incurring additional debt * Need to raise cash for buildouts.