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Lusthaus Law P.C.
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How strong is the franchise sector?

How strong is the franchise sector?

by Julie Lusthaus | Mar 29, 2019 | Blog, For Franchisees, For Franchisors

Pretty darn strong! According to the 2018 Franchise Business Outlook Report issued by the International Franchise Association (IFA), the franchise sector is expected to grow faster than the rest of the U.S. economy. In 2018, franchise establishments are expected to...
How much does food waste cost your restaurant?

How much does food waste cost your restaurant?

by Julie Lusthaus | Mar 29, 2019 | Blog, For Franchisees

Whether you are a single store or multi-location franchise restaurant operation, food waste is costing you money. Lots of money. That’s according to a report by non-profit ReFED, a collaboration of over 50 businesses, nonprofit, foundation and government leaders,...
Hey, Franchisor! New FASB rules on franchise revenue recognition will impact your bottom line!

Hey, Franchisor! New FASB rules on franchise revenue recognition will impact your bottom line!

by Julie Lusthaus | Mar 29, 2019 | Blog, For Franchisors

Forget the new federal tax laws. Take a look at the new rules on revenue recognition issued by the Financial Accounting Standards Board (FASB) now going into effect. On January 1, 2018, new FASB rules on revenue recognition went into effect for public companies. The...
How-to grow your business with “other people’s money”

How-to grow your business with “other people’s money”

by Julie Lusthaus | Mar 29, 2019 | Blog, For Franchisees, For Franchisors

You’ve got a great business. You may even have a budding multi-store operation. You’re ready to move into the big time. Great! But one thing is holding you back: Cash. Or the lack thereof. Can you grow a business without much capital? Seems like an easy, “nope!” But...
Convenience and the Difficulties with Delivery (Restaurant Franchises)

Convenience and the Difficulties with Delivery (Restaurant Franchises)

by Julie Lusthaus | Mar 29, 2019 | Blog, For Franchisees

These days, restaurant consumers have come to expect convenience and are increasing their demand for delivery options. More and more, they are demanding speed and reliability. For restaurants in the business of food service, the issue of delivery can no longer remain...
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