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Impacts of New Wage Legislation AB-1228 on Latino Restaurant Workers and Latino Franchise Owners in California

Latino Franchise Association

By Kiani Alvarez VP of Marketing Latino Franchise Association New York, NY, October 2, 2023. The recent bill AB 1228 , signed by The State of California Governor Gavin Newsom to increase the minimum wage for fast-food workers to $20, is creating waves in California's food industry.

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Cooking Up Business Opportunities

Franchise Journal

As of 2023, there were an estimated 201,865 fast food restaurant businesses in the US, a figure expected to continue to increase with an expected compound annual growth rate (CAGR) of 5.1% Increases in food costs due to inflation and labor shortages also must be navigated. through 2027.

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Exploring the Delicious World of Food Franchises

Franchise Journal

According to Statista , quick-service restaurants have the highest financial output in 2022, generating about $290 billion, with the retail food, products, and services business line second, making around $134 million. Growth in 2023 was anticipated to be $4 billion.

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Can Franchising In SA Keep Up With Global Growth?

SA Franchise Brands

Franchise statistics In a franchise survey that the Franchise Association of South Africa conducted and sponsored by Absa, the franchise industry’s estimated turnover for 2023 reached R999bn, marking a 36% increase from 2019. Ayabulela Njingolo, FASA chair and OBC rep.

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An Interview with Chris Harkness, President Streamline Brands. His Vision for the Company.

Franchise Journal

This observation sparked his vision for a fast-paced pasta restaurant that would maintain the integrity of traditional Italian cooking while operating at the speed and price point of fast-casual dining. For example, his menu features several plates in the $10-$12 range which is similar in price to fast-food combos.

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Pasta di Guy Redefines Fast-Casual Italian Cuisine

Franchise Journal

This observation sparked his vision for a fast-paced pasta restaurant that would maintain the integrity of traditional Italian cooking while operating at the speed and price point of fast-casual dining. For example, his menu features several plates in the $10-$12 range which is similar in price to fast-food combos.

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Kyle Kuzma's Winning Play: Transforming the QSR Game with Mahana Fresh

Franchise Journal

In 2023, Kuzma made headlines when he announced his investment in Mahana Fresh, a burgeoning QSR concept that caught his attention with its focus on fresh, flavorful ingredients and customizable bowls. “We Kuzma has captivated fans with his dynamic playing style and relentless work ethic.