October 2014
Intermediate to advanced
618 pages
19h 56m
English
Content preview from Restaurant Franchising, 3rd Edition
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190 Restaurant Franchising
is especially critical for the fi rst-time franchisee. Joining a restaurant franchise
system that is well established and has a proven record of success involves less
risk but usually is expensive with respect to initial fees and royalties; in addi-
tion, such a system usually imposes strict selection criteria. Newer franchises
may be less expensive but have greater associated risks. A careful assessment is
therefore necessary before a prospective franchisee selects a franchise.
Franchisor Qualifications
Some of the warning signs of less credible franchisors are listed in Table
6.1. Described in the following paragraphs ...
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.