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? Federal Law Compliance.

Franchise 370
article thumbnail

California Amends Franchise Law: What Restaurants Need to Know

Modern Restaurant Management

On January 1, 2023, Assembly Bill (“AB”) 676 went into effect, significantly amending the California Franchise Relations Act and Franchise Investment Law. These provisions will apply to franchise agreements entered into, amended or renewed on or after January 1, 2023. franchise disclosure documents.

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

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. Just as challenging is keeping on top of federally mandated franchise disclosures contained in the Franchise Disclosure Documents (FDD).

Insurance 100
article thumbnail

Looking to Grow your Restaurant Franchise In Saudi Arabia? Here are 10 Proven Strategies to Keep in Mind

The Restaurant Times

Once the restaurant has been set up, and the owner is earning profits, the next step for any successful restaurant business is its expansion. Restaurant owners mainly turn to the franchise route for business expansion because of a lack of time and resources. How To Franchise Restaurant In Saudi Arabia.

article thumbnail

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

Modern Restaurant Management

For restaurants, however, the PPP caused confusion in terms of who could apply and how the loans would be handled. Are restaurants eligible for PPP loans? In the food service industry, this raises a question as restaurants may, when combined within one company, have more than 500 employees. Businesses may borrow up to 2.5

article thumbnail

From 2019 to 2020: Tech-xtualizing the Three Major Challenges Restaurants Face

Modern Restaurant Management

From infamous chicken sandwich wars to on-trend plant-based burgers and acai bowls, it’s safe to say that 2019 was a trademark year for restaurants. With all of 2019’s success, restaurant operators are also facing challenges that can be addressed with the help of technology in the New Year. trillion in sales by 2030.

2019 185
article thumbnail

You may be the owner of an illegal and accidental franchise and not even know it.

Restaurant Law

Beware: If you own more than one restaurant which operates under the same name, you may have created an illegal and unintended franchise. We all know what a franchise is when we see one, right? So what exactly is a franchise? First, there is no uniform definition of a franchise. McDonalds, Dunkin Donuts, etc.