Are the employees of your franchisee your employees too? That’s the question National Labor Relations Board General (NLRB) Counsel Peter Robb sought to avoid when he proposed the March 19, 2018 settlement agreed to by McDonald’s. The answer could have had broad impact on the franchise industry, says Journalist Noam Schreiber reporting for the New […]
That depends! If you are considering entrepreneurship, one of the first questions that you will have to ask yourself is whether you want to start a new business or buy one that is already operating.
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 grow an additional 1.9 percent to reach 759,000 strong. Why is the franchise market growing? […]
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, committed to reducing food waste in the United States. ReFED posits that restaurant food waste averages […]
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 maybe not. Business owners looking to fast-track […]
You are a successful restaurateur, managing and running multiple eateries in multiple locations for several years. You started with a single location. It opened and was a hit. So you opened a second restaurant in a different location which turned out to be just as popular. You decide to protect your restaurant’s name by registering […]
Visit the dairy counter of any supermarket and what do you see? Gallons of milk, cartons of yogurt, cheese, etc. Each carries a clearly marked price tag: $1.99, $0.75, and so on. What you don’t see are the extra costs that show up when you check out at the register. Extra costs like sales tax, […]