Are You Ready To Franchise Your Restaurant?
-
Upload
national-restaurant-association -
Category
Economy & Finance
-
view
1.006 -
download
1
description
Transcript of Are You Ready To Franchise Your Restaurant?
![Page 1: Are You Ready To Franchise Your Restaurant?](https://reader034.fdocuments.us/reader034/viewer/2022052618/54b5b75b4a79596e0a8b464b/html5/thumbnails/1.jpg)
Are You Ready To Franchise Your Restaurant?
Richard J. Sharoff, CEO, FranPoint Partners, LLC
David L. Cahn, Owner, Franchise and Business Law Group
Shawn Foster, President & CEO, Foster’s Grille
![Page 2: Are You Ready To Franchise Your Restaurant?](https://reader034.fdocuments.us/reader034/viewer/2022052618/54b5b75b4a79596e0a8b464b/html5/thumbnails/2.jpg)
ECONOMIC IMPACT OF FRANCHISED BUSINESSES 2001-2005
![Page 3: Are You Ready To Franchise Your Restaurant?](https://reader034.fdocuments.us/reader034/viewer/2022052618/54b5b75b4a79596e0a8b464b/html5/thumbnails/3.jpg)
TWO TYPES OF ECONOMIC IMPACT
What happens IN franchised businesses
What happens BECAUSE OF franchised businesses
![Page 4: Are You Ready To Franchise Your Restaurant?](https://reader034.fdocuments.us/reader034/viewer/2022052618/54b5b75b4a79596e0a8b464b/html5/thumbnails/4.jpg)
DIRECT ECONOMIC IMPACT
Over 900,000 establishments Over $880 billion 4.4% of U.S. economy
![Page 5: Are You Ready To Franchise Your Restaurant?](https://reader034.fdocuments.us/reader034/viewer/2022052618/54b5b75b4a79596e0a8b464b/html5/thumbnails/5.jpg)
DIRECT EMPLOYMENT
![Page 6: Are You Ready To Franchise Your Restaurant?](https://reader034.fdocuments.us/reader034/viewer/2022052618/54b5b75b4a79596e0a8b464b/html5/thumbnails/6.jpg)
MORE JOBS THAN MANY OTHER SECTORS
![Page 7: Are You Ready To Franchise Your Restaurant?](https://reader034.fdocuments.us/reader034/viewer/2022052618/54b5b75b4a79596e0a8b464b/html5/thumbnails/7.jpg)
OUTPUT 40% to 20%
![Page 8: Are You Ready To Franchise Your Restaurant?](https://reader034.fdocuments.us/reader034/viewer/2022052618/54b5b75b4a79596e0a8b464b/html5/thumbnails/8.jpg)
JOBS 12.6% to 3.5%
![Page 9: Are You Ready To Franchise Your Restaurant?](https://reader034.fdocuments.us/reader034/viewer/2022052618/54b5b75b4a79596e0a8b464b/html5/thumbnails/9.jpg)
PAYROLL 21.6% to 15.4%
![Page 10: Are You Ready To Franchise Your Restaurant?](https://reader034.fdocuments.us/reader034/viewer/2022052618/54b5b75b4a79596e0a8b464b/html5/thumbnails/10.jpg)
ESTABLISHMENTS18.5% to 15.9%
![Page 11: Are You Ready To Franchise Your Restaurant?](https://reader034.fdocuments.us/reader034/viewer/2022052618/54b5b75b4a79596e0a8b464b/html5/thumbnails/11.jpg)
![Page 12: Are You Ready To Franchise Your Restaurant?](https://reader034.fdocuments.us/reader034/viewer/2022052618/54b5b75b4a79596e0a8b464b/html5/thumbnails/12.jpg)
![Page 13: Are You Ready To Franchise Your Restaurant?](https://reader034.fdocuments.us/reader034/viewer/2022052618/54b5b75b4a79596e0a8b464b/html5/thumbnails/13.jpg)
Q & A
What is the most surprising challenge to franchising?
What is the most exciting benefit of franchising?
What are the most important questions that a potential franchisor must ask before pursuing franchising?