
572 Restaurant Franchising
Product category competition refers to businesses that are in the same
product or service class, but whose products are different in features,
benefi ts, and price. This may include restaurants that serve products that
have different styles of service, such as home delivery or special dining
services.
Product development strategy involves developing products for a selected
market considering consumer preferences.
Profi t before depreciation is calculated by subtracting rent or occupation
costs from the profi t before rent.
Profi t before income tax is calculated by subtracting the depreciation cost
from the profi t before ...