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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

You should be able to give potential franchisees a complete overview of their estimated expenditure, from the initial start-up investment to infrastructure, licenses, and royalty fees. Audited financial statements can reassure potential business owners and investors. 1 Franchisees have to make a substantial investment.

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Ultimate Guide to Restaurant Management Software

Lavu

Back-of-house (BOH) management. It also creates an audit trail that can be used to identify all processes and ensure the accuracy and completeness of the information. . There are a few factors to keep in mind as you take a look at pricing options: licensing types, restaurant POS system costs, and any additional costs you may incur.

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

Apicbase

The cost estimation segment describes franchisees’ estimated expenditure, from their initial start-up investment to infrastructure, licenses, and royalty fees. fee structure of licensing fees, royalties, and any additional fees; a Franchise Disclosure Document (FDD) that outlines your company details, legal history, corporate structure, etc.;