This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
From franchise compliance to mergers and acquisitions (M&A) terms, the right legal frameworks can guide a restaurant company to long-term, sustained success. A carefully crafted Franchise Disclosure Document (FDD) and clear franchise agreements are key to setting expectations and maintaining transparency with your franchise partners.
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?
What does it really mean to franchise your restaurant? Franchising is a great way to grow a brand using other people’s capital. If you take the franchising plunge, you must understand that franchising is a business in itself and be prepared to devote the necessary resources to your franchising business.
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.
It was so well received that I ended up franchising it. While rewarding at times, it often feels like a never stopping freight train of challenges that only you can overcome. Document Systems, Processes, and Checklists : I’m pretty sure I’ve mentioned systems, processes, and checklists in every chapter of this book.
The more staff you have to replace, the more money you have to spend on recruitment, and the more time you have to spend interviewing and training. In order to help new staff learn the ropes, you need to create a comprehensive restaurant staff training manual. Even your most seasoned staff can forget things.
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. “Dunkin’ is committed to keeping America running and working.
Supplier fraud could also be an issue with bad actors using fake invoices to confuse restaurant or franchise owners. Similarly, if businesses receive an unexpected invoice from a supplier, the best way to ensure its validity is to take a few minutes to call and confirm the document with the business’s trusted and known contact.
Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. Curry Up Now will be the first restaurant is L2V’s portfolio and the investment will support the rapid growth and expansion of both corporate and franchised locations. "We
In a study conducted by InGage Consulting and Franchise Business Review, franchisees that are engaged in their business are 3.7 The top-performing restaurant franchises have robust training and support in place — but that doesn’t always mean it’s centralized and organized.
Finding the best franchise requires a lot of research, time, and money. There are thousands of franchises, so this can be a challenging task. Choosing the right franchise that best suits your needs can be daunting but exciting for those ready to become business owners. Franchise costs usually vary from $10,000 up to $1,000,000.
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. The pressures extend beyond balancing higher costs in an inflationary environment or the never-ending challenge of finding, training and keeping good staff.
In addition to scheduling, 7shifts handles staff payroll, tip management, hiring and application management, employee training, and much more. You can even share important documents, like updated policies or tax forms. Opus Like ExpandShare, Opus delivers on-the-job training, but Opus focuses on your frontline employees.
In addition to scheduling, 7shifts handles staff payroll, tip management, hiring and application management, employee training, and much more. You can even share important documents, like updated policies or tax forms. Opus Like ExpandShare, Opus delivers on-the-job training, but Opus focuses on your frontline employees.
ECJ’s Food, Beverage and Hospitality Department attorneys advise food and beverage clients, startups and other businesses on a comprehensive range of issues, including employment, trade secrets, partnership disputes, contract negotiations, intellectual property, licensing and franchise disputes.
For decades, restaurant employees—particularly those working for franchises or chains with multiple locations, many employees, and high turnover rates—have exhausted themselves with workweeks exceeding 40 hours, working back-to-back closing and opening (or “clopen”) shifts, and rarely having time for a break. Keep managers informed.
This means the Fair Workweek Ordinance only applies to large, multi-location restaurant groups and franchises. Additionally, the ordinance claims that sole franchisors who run the only locations of a franchise in the city–provided there are three or fewer locations–do not qualify and do not need to follow this law.
This is certainly true for the independent entrepreneur, but even large and resourceful restaurant franchises and groups are not immune to the threat—and in some cases, the reality—of rising labor costs. While the tips outlined above can be beneficial in all restaurants, these ones listed below are more applicable to franchises.
These revenue centers can include different sections of their business such as the dining area, bar, or even external sources like franchise disclosure documents. They recommend implementing strategies for efficient scheduling, reducing overtime, and cross-training staff to manage peak hours more effectively.
Buying into a franchise can be a good option because it provides support and brand recognition. This document will outline your bar's concept, menu, marketing strategy, and financial projections. Use measured pourers for accurate pours and train bartenders to use jiggers for a consistent cocktail each time.
When Trudy, a trained pastry chef, struggled to find an affordable, welcoming kitchen to launch her cake business, she never imagined she’d one day own a growing network of shared-use kitchens across Florida. That franchise model includes more than layout plans and equipment lists. What’s the next step?…
While employees know they play a crucial role in food (and ultimately guest) safety, when a 45-minute wait forces everyone to rush, things learned in food safety training can quickly fall to back-of-mind to an undisciplined staff. How do you make your food safety training scalable? Documentation. b3lineicon|b3icon-file-text|?|File
“We encourage that behavior of always giving back to the community that we have our stores in,” explained Kim Jackson, District Manager and Franchise Trainer for The Human Bean. The business’s annual Coffee for a Cure fundraising event, for example, sees proceeds going to a local foundation in each store’s community.
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. The company also requires new club owners to complete a training module on successfully operating a commercial business.
They also developed a well-defined review system, providing coaches and franchised location operators clear standards on what they’re reviewing, how it’s being evaluated, and what comes next. Establish a single source of truth for a brand’s safety and quality specifications, standards, and compliance documents.
“Even with today’s economic headwinds, franchised businesses continue to grow, providing more good-paying jobs for their employees, and serving their local communities,” said International Franchise Association (IFA) president and CEO Matt Haller. How do restaurant franchises work?
Executing benefit renewals and enrollments takes time, especially in dispersed, decentralized organizations with numerous franchise locations. You need time to gather the necessary benefits documentation, present it to your teams, and track down completed forms from employees by the deadline. The earlier you start, the better.
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?
Sherman and partner Dana Thompson co-founded the Sioux Chef , an organization that highlights Native American cuisine while documenting a “decolonized” diet, as Sherman, along with co-author Beth Dooley, did in the James Beard Award-winning cookbook The Sioux Chef’s Indigenous Kitchen. Our goal is to work directly with tribal communities.
Tools to Simplify Staff Training. According to a US Foods survey, over 50 percent of US Foods restaurant operators said their trained servers and staff play a direct role in effectively increasing check averages in their business.* A comprehensive training program. SpotOn Secures $50M Funding. SpotOn Transact, Inc.,
Keep in mind that there are other variables to take into account besides just the price of the system itself: additional expenses, such as ongoing support and training costs, and ways the new system will save you money, such as reductions in waste, labor costs, or shrinkage. POS for Restaurant Franchise Management. What is my budget?
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. People are mostly under the impression that franchising a restaurant is a complicated process. Staff Training. The truth, though, is far from it. Technology.
While employees know they play a crucial role in food (and ultimately guest) safety, when a 45-minute wait forces everyone to rush, things learned in food safety training can quickly fall to back-of-mind to an undisciplined staff. How do you make your food safety training scalable? Documentation. b3lineicon|b3icon-file-text|?|File
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. The IRS has more information under Section 197 Intangibles.
This will be followed by LXA presenting the workshop findings in an analysis feedback document for the winning concept. It’s safe to work around and only minimal training is required. It is extremely flexible and painless to set up.
Beware: If you own more than one restaurant which operates under the same name, you may have created an illegal and unintended franchise. This sounds crazy, but it is actually very common and the consequences of creating an unintended franchise are substantial, serious, and include the possibility of both personal and criminal liability.
This article explains the ins and outs of starting a virtual restaurant brand and growing it into a robust franchise. Dark kitchens vs Host kitchens Virtual restaurant franchise: How to make it a success What will the future bring? Let’s take a closer look at the virtual franchise model. Virtual franchising is on the rise.
MBB Management also specializes in restaurant and franchise consulting. Your experienced consultants will help with training and retraining staff on basic restaurant techniques and help make sure your operations are running as smoothly as possible. Basically they can help you with all aspects of the franchise business.
For instance, depending on how successful the restaurant has been, you’ll inherit a customer base, trained staff, and the equipment and space you need to hit the ground running. Ideally, the restaurant you purchase also comes with a team of trained employees. Franchise or independent restaurant?
In this edition of MRM News Bites, we feature sobering statistics from Yelp, a ghost kitchen franchise model, franchise explosions expected and falling for for an improved PSL. Ghost Kitchen Franchise Model. After signing a franchise agreement, owners are operational on the platform within 10 days. Yelp Sees COVID Effect.
The manual includes essential guidelines, documents, checklists, or any kind of valuable information that employees must be aware of. For restaurants operating multiple outlets or franchises, a standard restaurant operations manual will be of great help in maintaining consistency across the enterprise .
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.
The proceeds will be used to satisfy the cash merger requirement, for general corporate purposes, and to accelerate the development of corporate locations and franchise restaurants. Having 75 percent of employees trained in the ServSafe Food Handler courses and who have gone through the ServSafe COVID-19 Reopening training.
The EZ application requires fewer calculations and less documentation for eligible borrowers. Document Management & Search — Easily store, search, and access invoices from anywhere. Ensuring clean through rigorous, on-demand training, auditing and compliance verification. Ecolab Science Certified Program. Ecolab Inc.
We organize all of the trending information in your field so you don't have to. Join 49,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content