As franchise disclosure documents trickly out after the historically strange last year, it's worth exploring how franchised concepts broke down the financial performance. The sandwich category is among the most volatile in all of restaurants. Pre-pandemic, they had a huge portion of off-prem…

“Material change,” “reasonable basis” and “historically accurate” are phrases franchisors are—or should be—intimately familiar with, especially as they prepare 2021 franchise disclosure documents and consider the inclusion of financial performance representations in Item 19.

Ask any franchise operator how things are going, and they'll likely tell you they can't find anyone to work. Even as unemployment remains elevated compared to pre-pandemic levels, employers are struggling to find help.

One of the saving graces for Nothing Bundt Cakes during COVID-19 was making an addendum to its franchise agreement to allow for a national paid media buy, said CEO Kyle Smith. Previously, the brand invested in marketing in each bakery based on forecasted sales, so when everything came to a h…

One of the best things about going out to a restaurant is trying new, exciting cuisine or foods you'd never cook at home. Something like prime rib. Sure, it's possible to cook that at home, but who really wants to spend multiple hours on dinner?

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