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Staying on Top of FDD Requirements for Risk and Insurance

Modern Restaurant Management

It’s hard to escape the continuing boom in restaurant franchises. Quick-serve brands are leading the trend, and not just for restaurants, but for franchises overall. Even experienced operators know that navigating the compliance requirements laid out by each state’s franchise registration rules isn’t easy.

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Restaurant Groups Offering Benefit Plans Should Be Thinking About These 2022 Legal Challenges

Modern Restaurant Management

Most entities cannot afford the potential employee attrition that may result from such a requirement, and, due to franchises with multiple locations, developing an effective attestation program could be expensive and quite complex. While that might seem like a simple course of action, the availability of testing is well documented.

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Everything Restaurants Have Ever Wanted to Know About the Paycheck Protection Program (PPP)

Modern Restaurant Management

Will the loan be forgivable if the proceeds are used to pay franchise fees, property taxes, or insurance? The employer should organize their payroll and expense documents in order to ensure that they document every dollar spent with the proceeds of the loan. For what purposes can a restaurant use the PPP funds?

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Unprecedented Effects: How the Hospitality Industry Will Recover

Modern Restaurant Management

Some franchisors are trying to work with franchisees on reduced or eliminated franchise fees. The hospitality industry may attempt to mitigate its damages by invoking force majeure clauses in their loan documents or leases, if in fact such clauses are contained therein.

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GEORGIA UNEMPLOYMENT CLAIMS – EMPLOYER BEST PRACTICES AND FAQ

Goliath Consulting

Filing for Georgia Unemployment Insurance (UI) can be a complicated process leading to multiple questions from both the employer and the employee. Supporting Documents. By Colin Kopel. This frustration of filing claims is magnified during the coronavirus pandemic due to the mass influx of claims overloading the GA DOL’s capabilities.

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MRM Franchise Feed: Kitchen of the Future, Restaurant Sherpas and Dunkin’ Hirin’

Modern Restaurant Management

Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. Send news to Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. ” Taffer's Tavern Inks Multi-Unit Deal. metro area.

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Succession Strategies for Restaurant Owners: Safeguarding Your Legacy 

Modern Restaurant Management

The loss of volume for the franchise, the forfeiture of jobs for the community, and the closed restaurant locations could have been avoided with a thoughtful succession plan. Despite this, restaurant owners and franchise brands routinely shy away from discussions around exit strategies or succession planning.

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