Remove Audits Remove Document Remove Franchising Remove Hiring
article thumbnail

Franchise Compliance Guide: Laws + Agreements

7 Shifts

Some of the biggest restaurant businesses on the planet are franchises. They employ thousands of people and have served billions, and with so many people affected, it's understandable why there are franchise-specific laws and regulations in place. What Does Franchise Compliance Even Mean? Who Regulates Franchise Compliance Laws?

Franchise 370
article thumbnail

Little Known Tax Benefits of Franchising Your Business

MBB Hospitality

Here are some little known tax benefits of franchising to keep in mind. You Can Deduct Franchise Fees. If you are a franchisee, you can deduct the fees such as the initial franchise fee and any annual residuals you pay to license your franchise unit. Hiring a Management Consulting Company to Help.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Top 8 Qualities to Look for in a Hospitality Employee

MBB Hospitality

Save yourself a lot of headaches by hiring someone who has had previous hospitality experiences , especially in the niches you are hiring for. MBB Management also specializes in restaurant and franchise consulting. Basically they can help you with all aspects of the franchise business.

article thumbnail

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

Apicbase

You don’t have to be Starbucks or Mcdonald’s to win at franchising, but you have to get the basics right. We’ve studied small and midsize restaurant groups and found ten essential elements for running a successful restaurant franchise business. How To Franchise A Restaurant? Where will my franchises be located?

article thumbnail

The Multilevel Truth Behind Small Town America’s Latest Tea Obsession

EATER

After signing their lease, the Stockstills received a full menu of drink recipes from their upline, who also trained them on the extensive documentation that Herbalife required to keep the shop compliant. But they’re not auditing anything — the stores are growing way too quick for that.”.

article thumbnail

EZ PPP Forgiveness App and Yelp’s New COVID Help

Modern Restaurant Management

The EZ application requires fewer calculations and less documentation for eligible borrowers. Black businesses hire Black, create Black products, give to Black causes and pass down assets to Black families.” Document Management & Search — Easily store, search, and access invoices from anywhere. Ecolab Inc.

article thumbnail

Virtual Acceleration, Raising the Bar and Insult Monitor

Modern Restaurant Management

. "Understanding that cash flow is a major issue for most independent restaurateurs we removed that obstacle by allowing our customers to get started from just $249 rather than the tens or hundreds of thousands it costs to launch most restaurants or buy a franchise." " The TWO HENS monthly license fee is $249.

Bar 155