Restaurant Chains Offer Incentives for Franchisees
Restaurant chains like Popeye, KFC, Firehouse Subs and Rally’s Burger have stepped up incentive programs to lure franchisees to take the risk and open their own businesses, as reported in the Los Angeles Times. Popeyes offers to waive its $30,000 franchise fee for new owners and lowered royalty fees from 5% of revenue to 2% for the first year. But franchisees are advised to take caution as success will take time.Fast-food chain Popeyes Louisiana Kitchen has 75...
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