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Why Now Is the Perfect Time to Invest in a Restaurant Franchise

Modern Restaurant Management

But why exactly is now the perfect time to invest in a restaurant franchise? At the start of 2020, starting a restaurant business or franchise would have seemed like something of a no-brainer. Government Incentives. Franchises Can Be Flexible. The Pre-Covid Restaurant Sector Was Thriving.

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COVID-19 Crowdfunding for Franchise Expansion

Modern Restaurant Management

to fuel franchise expansion when the global pandemic took hold of the world. Once the campaign ends in June 2020, Pure Green will use the funds to support operations, staff, and eventually open new franchise locations in Chicago, Orlando and Philadelphia. Why did you decide to take Pure Green the franchise route? Ross Franklin.

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Franchise Portfolio Diversification: Trends Taking Shape in 2022

Modern Restaurant Management

This approach required fewer front-of-the-house staff to maintain a dining room, complied with government orders, and kept many brands from closing. Concepts with this level of simplification greatly benefit those franchise owners seeking profitable portfolio diversification. are the fast-casual franchise model of the future.

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The Formula for Franchise Success

Modern Restaurant Management

Below is an excerpt from Scott Greenberg's The Wealthy Franchisee: Game-Changing Steps to Becoming a Thriving Franchise Superstar (Entrepreneur Press, November 17, 2020). During the months between signing my franchise agreement and opening my store, I continued traveling and giving presentations.

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What Restaurant Owners Need to Grow: Legal Strategies for Long-Term Success

Modern Restaurant Management

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.

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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?

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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.