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How To Run A Successful Restaurant Franchise — 10 Essentials For Sustainable Growth

Apicbase

Besides cost estimates, audited financial statements and projections should be included, like: the expected growth rate for (at least) the first year; the estimated restaurant cash flow; the expected payback period. Hire an expert to ensure the agreement covers everything that is legally required. Franchise lawyer.

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Pitfalls Of Starting A Restaurant Franchise — Is Your F&B Concept Fit For Expansion? Are You Ready To Deal With Franchisees?

Apicbase

Audited financial statements can reassure potential business owners and investors. We recommend hiring a skilled training team to assess training needs, set organisational objectives, and establish and implement training activities. They typically won’t get a say in operating hours, advertising, menus, or staff structure.