are you ready to franchise your restaurant?

13
Are You Ready To Franchise Your Restaurant? Richard J. Sharoff, CEO, FranPoint Partners, LLC David L. Cahn, Owner, Franchise and Business Law Group Shawn Foster, President & CEO, Foster’s Grille

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From NRA Show 2008 (http://www.restaurant.org/show).

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Page 1: Are You Ready To Franchise Your Restaurant?

Are You Ready To Franchise Your Restaurant?

Richard J. Sharoff, CEO, FranPoint Partners, LLC

David L. Cahn, Owner, Franchise and Business Law Group

Shawn Foster, President & CEO, Foster’s Grille

Page 2: Are You Ready To Franchise Your Restaurant?

ECONOMIC IMPACT OF FRANCHISED BUSINESSES 2001-2005

Page 3: Are You Ready To Franchise Your Restaurant?

TWO TYPES OF ECONOMIC IMPACT

What happens IN franchised businesses

What happens BECAUSE OF franchised businesses

Page 4: Are You Ready To Franchise Your Restaurant?

DIRECT ECONOMIC IMPACT

Over 900,000 establishments Over $880 billion 4.4% of U.S. economy

Page 5: Are You Ready To Franchise Your Restaurant?

DIRECT EMPLOYMENT

Page 6: Are You Ready To Franchise Your Restaurant?

MORE JOBS THAN MANY OTHER SECTORS

Page 7: Are You Ready To Franchise Your Restaurant?

OUTPUT 40% to 20%

Page 8: Are You Ready To Franchise Your Restaurant?

JOBS 12.6% to 3.5%

Page 9: Are You Ready To Franchise Your Restaurant?

PAYROLL 21.6% to 15.4%

Page 10: Are You Ready To Franchise Your Restaurant?

ESTABLISHMENTS18.5% to 15.9%

Page 11: Are You Ready To Franchise Your Restaurant?
Page 12: Are You Ready To Franchise Your Restaurant?
Page 13: Are You Ready To Franchise Your Restaurant?

Q & A

What is the most surprising challenge to franchising?

What is the most exciting benefit of franchising?

What are the most important questions that a potential franchisor must ask before pursuing franchising?