What can the Elevation Burger franchise do to help franchisees during a recession? Danny Bone understands due

 What can the Elevation Burger franchise do to help franchisees during a recession?

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Danny Bone understands due diligence. He spent months investigating franchise options, before focusing specifically on Elevation Burger. Elevation Burger uses the slogan "Ingredients Mattel-7 emphasizing its "organically raised, grass-fed, free-range cows and fresh-cut french fries cooked in heart-healthy olive oil. "The company had been in business three years when it started franchising in 2008. Danny's brother Dennis brought franchising experience to the company from his days of managing their parents' Dunkin' Donuts franchise. Danny and Dennis began their franchise agreement with Elevation Burger in the spring of 2008, intending to open their Austin, Texas, location by the end of that year. What Danny hadn't counted on was the recession. Financing suddenly tightened, and forecasts for restaurant sales were especially negative. Nevertheless, Danny and Dennis remained confident and were convinced that they understood how to run a cost-efficient operation. The brothers were committed to opening three Elevation Burger restaurants in the Austin area. Danny Bone understands due diligence. He spent months investigating franchise options, before focusing specifically on Elevation Burger. Elevation Burger uses the slogan "Ingredients Mattel-7 emphasizing its "organically raised, grass-fed, free-range cows and fresh-cut french fries cooked in heart-healthy olive oil. "The company had been in business three years when it started franchising in 2008. Danny's brother Dennis brought franchising experience to the company from his days of managing their parents' Dunkin' Donuts franchise. Danny and Dennis began their franchise agreement with Elevation Burger in the spring of 2008, intending to open their Austin, Texas, location by the end of that year. What Danny hadn't counted on was the recession. Financing suddenly tightened, and forecasts for restaurant sales were especially negative. Nevertheless, Danny and Dennis remained confident and were convinced that they understood how to run a cost-efficient operation. The brothers were committed to opening three Elevation Burger restaurants in the Austin area.

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In 2008 Dennis and Daniel Bone opened the first of their Elevat... View the full answer