This document discusses franchising as a method for distributing goods and services. It defines the key elements of a franchise as the license of a trademark, payment of an initial fee, and support from the franchisor. It notes that there are over 750,000 franchised businesses in the US employing 19 million people across 75 industries. The regulation of franchising by federal and state law is also summarized, including requirements for providing a franchise disclosure document. Considerations for whether a restaurant is a good candidate for franchising are outlined, as are the financial and regulatory differences between franchising and owner expansion. Issues specific to restaurant franchises are also addressed.
Overview on Women Owned Small Business | WOSB Certification BenefitJohn Parker
Here in this presentation, you will find following details on WOSB:
1. Overview on WOSB detail
2. Eligibility criteria of WOSB
3. Benefits and advantages
4. How to go get onto WOSB certification
Basic information about doing Business in USA - Federal and State Tax rate, Incorporation of the company, other Tax IDs and numbers for starting a Business in USA, Buying Business or real estate in USA
Overview on Women Owned Small Business | WOSB Certification BenefitJohn Parker
Here in this presentation, you will find following details on WOSB:
1. Overview on WOSB detail
2. Eligibility criteria of WOSB
3. Benefits and advantages
4. How to go get onto WOSB certification
Basic information about doing Business in USA - Federal and State Tax rate, Incorporation of the company, other Tax IDs and numbers for starting a Business in USA, Buying Business or real estate in USA
How to Open an Exempted Limited Partnership in Cayman IslandsBridgeWest.eu
Find out the main characteristics of the exempted limited partnership and reach out to our experts for assistance during incorporation. Contact us at: https://www.caymancompanyincorporation.com/.
Form S-8 (“Form S-8″) is a short-form registration statement under the Securities Act of 1933, as amended
(the “Securities Act”) used to register employee and consultant benefit and compensation plans.
This Securities Lawyer 101 Q & A discusses the most common questions we receive from our clients about
Form S-8 Registration Statements.
An object oriented database (OODB) is a persistent and shareable collection of objects modeled by an OODM. It comes with several advantages over relational and other conventional databases for data collection and utility.
Todas las reacciones metabólicas que ocurren en nuestro
organismo se hayan mediados por enzimas, estas en su mayoría son
de naturaleza proteica (algunas son ARN).
Puede definirse a las enzimas (ez) como catalizadores, capaces de
acelerar las reacciones químicas en ambos sentidos, sin consumirse
en ella, ni formar parte de los productos. La diferencia fundamental
es que tienen gran especificidad de reacción o sea por el sustrato sobre el cual actúan.
How to Open an Exempted Limited Partnership in Cayman IslandsBridgeWest.eu
Find out the main characteristics of the exempted limited partnership and reach out to our experts for assistance during incorporation. Contact us at: https://www.caymancompanyincorporation.com/.
Form S-8 (“Form S-8″) is a short-form registration statement under the Securities Act of 1933, as amended
(the “Securities Act”) used to register employee and consultant benefit and compensation plans.
This Securities Lawyer 101 Q & A discusses the most common questions we receive from our clients about
Form S-8 Registration Statements.
An object oriented database (OODB) is a persistent and shareable collection of objects modeled by an OODM. It comes with several advantages over relational and other conventional databases for data collection and utility.
Todas las reacciones metabólicas que ocurren en nuestro
organismo se hayan mediados por enzimas, estas en su mayoría son
de naturaleza proteica (algunas son ARN).
Puede definirse a las enzimas (ez) como catalizadores, capaces de
acelerar las reacciones químicas en ambos sentidos, sin consumirse
en ella, ni formar parte de los productos. La diferencia fundamental
es que tienen gran especificidad de reacción o sea por el sustrato sobre el cual actúan.
This presentation serves as information for the basics of government contracting.
Companies want to win more government contracts and government agencies want more qualified contractors. We’re here to help. GCA Florida is a state-wide trade association dedicated to connecting Florida businesses and non-profits with the tools, knowledge, and opportunities necessary to secure winning bids with federal, state, and local governments.
Our mission is to educate, facilitate, and advocate for members. We support our members through providing training resources, software tools, preparation, marketing strategies, and facilitation of relationships. We work with you to facilitate joint ventures, teaming, alliance and mentor-protege opportunities.
Melvin feller business consultants discusses business disclosure statements a...Melvin Feller
Melvin Feller Business Consultants Discusses Business Disclosure Statements and What to Avoid
Melvin Feller Business Group in Burkburnett Ministries and Dallas Texas and Lawton Oklahoma. Our mission is to call and equip a generation of Christian entrepreneurs to do business as ministry. We provide workshops and resources that help companies discover how to do business God’s way and provide a positive outreach as the director. When the heart of a business is service rather than self it can be transformed into a fruitful business ministry earning a profit and being of service to the community and their customers. Melvin Feller is currently pursuing another graduate degree in business organizations.
Buying a business opportunity, franchise, licensee opportunity or distributorship is a big decision, one you should not take lightly. Thankfully, there are some serious regulations in place at the federal level as well as within many states that are designed to protect you from making a bad decision or being taken in by a fraudulent enterprise, starting with the critically important disclosure statement.
The disclosure statement is a document that any seller of a business opportunity, franchise or similar concern is required to provide to you as a potential buyer by law. It details everything you need to and should know about the business in question and must be given to you if not during the first “personal meeting,” then within a specified timeframe. Although the disclosure requirements as delineated by the U.S. Federal Trade Commission (FTC) are considerable, those set forth by the 26+ states that also have them do not overrule them. So be certain to check the regulations in your state in addition to those of the FTC before you sign on the dotted line or give the seller any money.
Remember, oral statements, exchanges or promises that are made to you by the seller or between the two of you are not legally binding! This is precisely why knowing what comprises a comprehensive disclosure statement is so important.
So here it is, a brief overview of what a truly solid disclosure statement should contain as stipulated by the FTC:
The powerpoint presentation aims to give a simple yet detailed description of how the franchise model of business works. What are the things to look out for or consider while starting a franchise business and which franchises have been relatively successful.
Franchise Disclosure Document for Smashburger Franchising, LLCFranchise Review
Complete Smashburger Franchising, LLC franchise disclosure document with information on the burger franchise opportunity's costs, training, key executives, financials and more. Get more details on Smashburger Franchising and submit feedback and reviews of the franchise opportunity at Profyling.com
How to Franchise Your Business Franchise Connect Consulting RagersvilleIndia
The History of Franchising
What Makes a Good Franchisor
Turning Your Business into a Franchise
Why Use Franchise Connect / Signature Franchising
The Process
Questions and Answers
Joint Venture for Burger Franchise by Investment Consulting USAAlfonsoEnriqueMoncad
This is a preliminary presentation of one of the Fast Casual Franchises that we offer. Costs are subject to change depending on location and other outside factors. Feel free to reach out to us if you want to know more!
Joint Venture for Burger Franchise by Investment Consulting USA
FRANCHISNG YOUR RESTAURANT
1. Joseph J. Gottlieb
Stout Kaiser Matteson Peake & Hendrick, LLC
jgottlieb@stoutkaiser.com
678-775-3545
2. What is Franchising?
A method for the distribution of goods or services.
Elements of a Franchise
License of a Trademark ;
Payment of an Initial Fee;
Franchisor provides substantial support or marketing
plan or the existence of a “Community of Interest”
between Franchisor and Franchisee.
3. Quick Franchise Facts
Approximately 760,000 Franchised Businesses in U.S.
19 Million Americans employed in Franchised
Businesses.
Over 75 industries represented.
Restaurants are the largest single sector represented.
4. Regulation of Franchising
The Offer and Sale of Franchises is Regulated by Federal
and State law.
Franchise Disclosure Document “FDD” must be
provided to prospects at least 14 days before the
Franchise Agreement can be signed and money
accepted.
14 states require registration of the FDD.
Without a Federally Registered Trademark, must
comply with state Business Opportunity Laws.
5. Is Your Restaurant a Good Candidate for
Expansion Through Franchising?
Can the concept be duplicated?
Are there regional taste factors to
consider? Will it sell everywhere?
Is the concept teachable?
6. Is Your Restaurant a Good Candidate for
Expansion Through Franchising?
Is there an element of uniqueness?
Do you have sufficient proof of concept?
Multiple locations?
Operating history?
Will the business provide a good ROI?
7. Franchising vs. Owner Expansion
Financial Considerations
Franchising
Franchisee provides capital for expansion.
Can enable more rapid expansion.
Franchisor incurs costs of developing infrastructure to
support franchisees, i.e. marketing, franchisee support
staff, training.
8. Franchising vs. Owner Expansion
Financial Considerations
Expansion of the brand by Owner will always be limited
by ability to finance growth.
Developing a franchise system involves costs of
consultants and attorneys.
9. Franchising vs. Expansion by Owner
Regulatory Issues
Franchisee has burden of
compliance with local
laws and tax compliance.
Franchisee has burden of
compliance with HR and
other employment
issues.
Franchisor must comply
with detailed Federal
and State Franchise laws
and regulations.
Includes disclosure of
Franchisor’s audited
financial statements and
other information.
10. Franchising vs. Expansion by Owner
Financial Rewards
Franchisee pays Initial
Fee from $25K - $50K
Franchisees typically pay
a royalty based on
GROSS REVENUE.
Average range 5 – 7%
Franchisors give up
larger portion of profit,
but have less downside
risk from operational
problems.
Franchisors may not
realize profit for several
years.
11. Franchising vs. Owner Expansion
Other Considerations
Franchisee has better knowledge of local market.
Franchisee has “skin in the game”
and more highly motivated than an
employee
12. Franchising vs. Owner Expansion
Other Considerations
Franchisor loses a certain amount of control.
Franchisor can control ultimate product
or service.
Cannot micro-manage.
Joint employee exposure – NLRB.
Difficult to find good franchisees.
Start-up franchises may be difficult to sell.
13. Issues Specific to Restaurant
Franchises
Heavy Franchisee Reliance on Franchisor
Menu Development and Changes.
Sourcing of Product.
Proprietary Ingredients and Recipes.
14. Issues Specific to Restaurant
Franchises
Choosing your Franchisees
Brick and Mortar, Food Truck, Alternate Venues?
15. Do You Really Want to Be a Franchisor?
Running a franchise system is a different business.
Legal compliance.
Must establish System Standards in an Operations
Manual – the “How-To” Guide for the Franchisees.
16. Do You Really Want to be a Franchisor?
Must build an infrastructure to support franchisees.
Branding and internet presence.
Cost of attorneys and consultants could easily exceed
$150,000. Return on investment may be slow.
17. Other Options
Joint Ventures: Not a franchise but typical partnership
problems can arise, i.e. division of responsibilities,
disengagement, etc.
Licensing – Can be done on a “One-Off” basis, but may
be deemed a franchise or Business Opportunity under
state law.