Employment law is nuanced, and contains many pitfalls and traps for the unwary. The purpose of this article is not to discuss all of the intricate details of the law but to focus on how recent trends affect food service operators financially. The short answer is that there are no short answers. However, we do . . .
When you review the Top 200 list [Restaurant Finance Monitor‘s annual list of 200 top franchisees], you realize the big influence franchisees have on their franchise systems. Nonetheless, there’s always some tension between franchisor and franchisee. This often appears in two areas: development rights and required capex for remodels, upgrades or new equipment. Development Rights: . . .
As Monitor readers know, emerging concepts are getting a lot of press, particularly because of private equity’s investment in earlier-stage concepts. Examples of this type of investment would be Sentinel Capital Partners’ investment in Newk’s Eatery, Morehead Capital’s investment in Hash House A Go Go and Chop’t, and Buffalo Wild Wings’ investment in Pizza Rev . . .