The Latest 2024 AI Trend: Corporate Buyouts of Restaurant Franchises?

Fast food companies have long relied on franchising (offloading the operation of stores to smaller independent business owners to collect royalty payments from those store owners) to maximize growth and profitability. But when big sweeping changes occur in the economy, major brands may have limited ability to sway how much change those franchisees make at their respective stores.The restaurant industry has been presented with new challenges in the wake of the pandemic, but new technological tools (including ...