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Here’s an example of an onboarding overview: Day One Orientation: Learning about the restaurant’s culture and history, meeting coworkers, and receiving a uniform. It’s important to train all newcomers on your service standards to make sure they’re giving guests a uniform experience. Include role-playing as part of the training.
When you franchise your restaurant, you allow an independent investor to buy into your business, selling the license to use your brand name, operations, products, and knowledge. As long as your franchise agreement lasts, your franchisees will pay you ongoing royalties to legally license your brand, name, and business model.
The cost estimation segment describes franchisees’ estimated expenditure, from their initial start-up investment to infrastructure, licenses, and royalty fees. fee structure of licensing fees, royalties, and any additional fees; a Franchise Disclosure Document (FDD) that outlines your company details, legal history, corporate structure, etc.;
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