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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?

Franchise 370
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What the Joint Employer Rule Will Mean for Franchise Restaurants

Modern Restaurant Management

." I give a lot of keynote presentations to restaurant brands, and most of them are franchises. They advise them on how to market their restaurant. The franchise industry, along with many members of Congress, is pushing back on the Joint Employer Rule. For the franchise industry, however, it’ll be highly disruptive.

Franchise 204
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Key Sections of a Franchise Disclosure Document: An Annual Review Guide for Franchisors

Modern Restaurant Management

A Franchise Disclosure Document (FDD) serves as the foundation of the franchisor-franchisee relationship. Not only is it a critical sales tool for the franchisor, but it also gives a prospective franchisee vital insight into the franchise opportunity and help them make an informed decision to invest.

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The Six Most Common Franchise Problems (And How to Solve Them)

7 Shifts

Instead, these locations are franchised, meaning a company (the franchisor) allows an individual or group of partners (the franchisee or franchisees) to run a location of that restaurant under a certain operating agreement. At a glance, opening and operating a restaurant franchise seems like a near-perfect business decision.

Franchise 369
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10 Tips To Make Your Franchise Feel Local

Modern Restaurant Management

Many people make the mistaken assumption that franchises are not local businesses. Fortunately, there are steps you can take to make your franchise restaurant a mainstay of your community. Unfortunately, many people do not equate a franchise with a locally owned business. New mover marketing. by the end of 2022.

Franchise 193
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Franchise Portfolio Diversification: Trends Taking Shape in 2022

Modern Restaurant Management

This level of uncertainty is obviously making restaurant owners and fast-casual franchise owners nervous at the prospect of the industry going through a fundamental change, and what was considered standard practices may become unrecognizable. According to a report from S&P Global Market Intelligence, U.S.

Franchise 192
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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. If only it were that simple.

Franchise 186