RESTAURANT FINANCE

Some Key Ideas to Owning Multiple Concepts

As evidenced by the Monitor’s Annual Top 200 restaurant franchisees, which was published in June, growth in multiple-concept ownership continues to accelerate. In recognition of this trend, we’ve developed a few key takeaways regarding…

Franchisee/Franchisor Litigation—What Are We Going To Do About It?

As reflected in a recent Franchise Times article, there is no shortage of litigation between franchisors and franchisees. Our firm recently looked at the specific types of litigation that are the most common. These…

Rethinking Your Franchise Agreements

Last month’s column about an evolving franchise model is particularly relevant in light of emerging disputes between franchisees and franchisors and how it is being played out in front of the Federal Trade Commission….

Creating Franchise Concepts That Work for the Franchisee

Over the years a steady stream of people who are in the early stages of developing a restaurant concept have come to see me to ask about franchising. In most cases, the business owner…

Thoughts Regarding Your Buy-Sell Agreement

The last three years has created change in the restaurant industry, so it’s important to look at your exit strategy, which should include a review of buy-sell agreements. To address some of these issues,…

How to Use a Board for Your Company

After decades of representing companies in the restaurant and franchise world, I’ve come to the conclusion the majority of the successful companies have effective boards. They can be formal, legal boards or advisory boards,…

Creative Use of SBA Loans

Over the last three years, restaurant businesses have been privy to numerous loan programs and government benefits, several administered in conjunction with the Small Business Administration (SBA). The importance of the SBA as a…

New Paradigm of Restaurant Cooperation

The one thing that has evolved in the restaurant industry is “Restaurant Darwinism,” or better known as survival of the fittest. What defines “the fittest” can be a restaurant’s unique food, the best location,…

Effective Use of Equipment Leasing

You can’t pick up a restaurant periodical lately without reading how concepts are addressing consumer issues, technology and looking to refresh concepts and individual locations. And while these improvements are certainly necessary, they sometimes…

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