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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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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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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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Franchising in the Metaverse: With Great Promise Comes Great Responsibility

Modern Restaurant Management

For businesses, and particularly franchise businesses, the metaverse presents some cutting-edge opportunities. This article takes a closer look at some of the risks associated with franchising in a virtual world and what businesses should be doing to prepare. But like most things, it's not without some pitfalls.

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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.

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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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The Legal Case for Recovering Lost Income from COVID-19 and Government Shutdown

Modern Restaurant Management

With each passing day, the scare of this novel virus is causing our emotionally-charged government officials at every level to react with decisions that effectively strip our ability to work, shop, play and interact normally in order to slow or prevent the spread of this viral outbreak while causing economic mayhem.