Goliath Consulting

OCTOBER 6, 2020

The Benefits of Owning a Franchise Restaurant Business. We discussed in our earlier blogs why it is a great time to buy a food franchise in 2020 through 2021. The COVID-19 pandemic is helping boost franchise sales as unemployment grows in the restaurant industry and people are reassessing new career options.

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Modern Restaurant Management

AUGUST 14, 2020

Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. ” Dickey’s is now offering a franchise discount for existing Owners Operators. . Virtual Barbecue Pit. Hot for Dave's Hot Chicken. 10 units in Chicago.

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Modern Restaurant Management

NOVEMBER 17, 2020

Below is an excerpt from Scott Greenberg's The Wealthy Franchisee: Game-Changing Steps to Becoming a Thriving Franchise Superstar (Entrepreneur Press, November 17, 2020). During the months between signing my franchise agreement and opening my store, I continued traveling and giving presentations.

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Modern Restaurant Management

OCTOBER 22, 2020

Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. The new formats come on the heels of a major multi-unit franchise development strategy announced last month that is set to grow the brand to 2,000 units. QDOBA's New Concept.

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Modern Restaurant Management

NOVEMBER 20, 2019

Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. CPK Brings on Franchise Veteran. Expansion in the Middle East, Australia, and Europe will also be additional areas of focus starting in 2020. Giorgio Minardi.

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Modern Restaurant Management

DECEMBER 3, 2020

Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. ” The company already signed nine franchise licenses with three new franchisees. PJ’s Coffee offers a proven franchise structure with strategic corporate support.

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Goliath Consulting

SEPTEMBER 14, 2020

With all the trouble the pandemic has given the restaurant industry these past couple months, you might be surprised to hear that restaurant franchising opportunities have never been stronger. Up-and-coming restaurants like Fajita Pete recently announced it will triple locations from their new franchise deals (2). UNSTABLE WORKFORCE.

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Modern Restaurant Management

JANUARY 21, 2020

The idea of using social media marketing to attract customers, all the while managing inventory and payroll, can be exhausting. A well-thought-out social media marketing strategy can earn you additional customers and increase your overall income. Marketers tend to suggest 1 promotion for every 8-10 posts. And with what networks?

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Modern Restaurant Management

DECEMBER 12, 2019

Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. Tropical Smoothie Cafe signed two multi-unit franchise agreements to develop 38 new cafes across the state of Colorado, including a 27-unit deal and an 11-unit deal.

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Modern Restaurant Management

JULY 15, 2020

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features Grubhub's State of the Plate 2020 trend report, the fragility of "open," di g ital resilience and brand intimacy. State of the Plate 2020 – top foods across various cities. Top Foods of 2020. Financial Trends Insights.

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Modern Restaurant Management

DECEMBER 21, 2020

Modern Restaurant Management (MRM) magazine asked restaurant industry insiders for their perspection on 2020: What lessons did you learn and what do you feel the restaurant industry learned this year? WSJ reported that more than half of ad spending is shifting to digital platforms as the pandemic caused shifts in marketing strategies.

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Modern Restaurant Management

NOVEMBER 1, 2019

Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. Coolgreens just turned 10 and is looking towards its future: the company has a goal of opening a total of 150 corporate and franchise locations within the next five years.

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Modern Restaurant Management

JUNE 18, 2020

Traffic to restaurants in other markets, including the U.S., Australia, and Spain have since followed a similar upward trend, as those markets also begin to ease local travel restrictions. Retail, grocery, and restaurant online order for pickup orders grew 201 percent in April 2020 compared to February 2020.

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The Restaurant Times

JULY 6, 2023

Famous Brands International with approximately 900 franchised restaurants in over 30 countries and as President of Office Evolution, a high-growth franchise brand in the shared workspace sector. If these guidelines are not in place, a business may struggle to franchise successfully.

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Modern Restaurant Management

DECEMBER 17, 2020

The 2020 holiday season may not offer the same gatherings, parties and hoopla of years’ past, but diners are making sure it is still filled with amazing food. Specifically, Orlando, FL topped the list of major markets with the most positive restaurant sentiment, as was the norm before the pandemic. Diners Show Holiday Spirit.

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Modern Restaurant Management

APRIL 29, 2020

For example, according to the March 2020 jobs report from the U.S. In addition to being the hardest hit, these segments are heavily franchised. Without the relaxation or waiver of the traditional affiliation rules, small businesses that happen to be operating under a franchised brand may be prevented from accessing CARES Act funds.

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Modern Restaurant Management

AUGUST 17, 2020

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features consumers' dining desires, the power of personalization and the untapped opportunity in localized marketing. Limited-service restaurants continue to be the clear winners in the market share battle within the leisure category.

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KaTom

SEPTEMBER 15, 2020

The chain reported its highest average sales week in the past eight years during May 2020. Unfortunately, Pizza Hut experienced a setback in July with the loss of an estimated 300 franchised locations, when the pizza chain’s largest U.S. ’s fastest-growing franchises, opening a new restaurant every 3.5

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7 Shifts

JANUARY 19, 2022

Real, market-leading multi-unit brands are scaling fast with technology like 7shifts. Each location reduced labor cost from an average of 32% in Jan 2020 to 23% as of April 2021, due in part to more efficient schedules. It's all there,” explained Kim Jackson, District Manager and Franchise Trainer for The Human Bean.

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Modern Restaurant Management

JANUARY 16, 2020

diners spent nearly $27 billion last year on restaurant delivery, and the convenience-driven service still has more room to grow in 2020. There are platforms on the market that will hire a delivery workforce away from the restaurant, and lease them back to the operator. The Delivery Dilemma. Compliance Is Key. But, flexibility will.

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Aaron Allen & Associates

FEBRUARY 4, 2020

Restaurant CEO priorities are shifting in 2020, and it makes sense given how quickly the consumer and competitive landscape are shifting as well as the introduction of new forces impacting the industry. Marco’s Pizza separated the franchising department into a new company (Marco’s Franchised Services).

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Modern Restaurant Management

MARCH 7, 2022

Additionally, we are seeing restaurant initial public offerings (IPOs) at least every other week, making the market more attractive for private equity firms, as this is the first time in almost five or six years. Brands that are proven outside their immediate home market, where we can accelerate growth through franchising.

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Modern Restaurant Management

FEBRUARY 4, 2021

In a study conducted by InGage Consulting and Franchise Business Review, franchisees that are engaged in their business are 3.7 The top-performing restaurant franchises have robust training and support in place — but that doesn’t always mean it’s centralized and organized. Create a Central Hub with Engaging Content.

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Franchising Franchise Leadership Cash Management 203

Hot Schedules

JUNE 8, 2021

A s vaccine proliferation leads to more travelers returning to the market and the relaxation of international borders, hotels are starting to finally realize the long-awaited full reopening. markets, Myrtle Beach, S.C. As an example, the rise of work from home has shaped the “ digital nomad ” as a rising market segment.

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Restaurant365

NOVEMBER 19, 2019

Here are the top 10 operational challenges restauranteurs should expect in 2020: 1. With nearly half of the United States imposing higher minimum wages starting in 2020, restaurants also need to focus on optimizing labor costs (especially as a percentage of sales). Maintaining online reviews and social media marketing.

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Modern Restaurant Management

JUNE 17, 2021

MRM Franchise Feed features the latest news in the restaurant and MUFSO franchising landscape. " Part of Famous Brands International, TCBY first opened in 1981 in Arkansas and currently has 250-plus franchise locations worldwide. ” Franchise opportunities remain in areas across the U.S., Happy Birthday, TCBY.

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Modern Restaurant Management

SEPTEMBER 10, 2021

MRM's Franchise Feed features news on the restaurant franchise and MUFSO landscape. Ike’s Love & Sandwiches made a strategic investment in Los Angeles phenomenon Bangin’ Buns with plans to expand the young concept across Southern California and bring the brand to new markets. Wing Zone Refresh.

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Modern Restaurant Management

AUGUST 25, 2021

MRM's Franchise Feed features news on the restaurant franchise and MUFSO landscape. ” “This is historic for our brand,” said Brooks Speirs, vice president for franchise development. “As we begin our aggressive growth into new markets, there is no better partner than Meritage.

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Modern Restaurant Management

DECEMBER 22, 2020

Most importantly, our marketing team has reaffirmed that our customers are what inspire our story. Branding is as critical outside the restaurant as much as it is onsite, and our marketing team has learned to successfully integrate the brand into off-premise experiences. percent better than competitors in year-over-year growth.

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The Restaurant Times

MARCH 7, 2021

She led the turnaround of the franchise business and turned it into a $1 billion global brand. 15 on Asia’s 50 Best Restaurants 2020 list. Julie Felss Masino became the President of Taco Bell International, in January 2020. She is responsible for the strategy around accelerating Taco Bell’s global growth in key markets.

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Modern Restaurant Management

JANUARY 12, 2022

The pandemic has permanently altered the consumer-restaurant relationship with operators investing in technology and real estate to align with changing consumer preferences, according to the 2021 Restaurant Franchise Pulse survey, conducted by TD Bank. Sales velocity is now +4 percent vs January 4, 2020.

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2022 Mobile Ordering Guest Recovery Point of Sale 215

EATER

NOVEMBER 3, 2022

Despite the copycat operations out there, these perishable garlands are big business: Edible Arrangements is one of the food businesses that has not only survived the pandemic, but thrived, enjoying a 45 percent increase in its sales , which totaled $500 million from 1,000 franchised stores in 2020. The idea was novel, and it took off.

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Modern Restaurant Management

FEBRUARY 18, 2021

The second lockdown, together with the first (occurring in areas throughout the country in the second quarter of 2020), has helped accelerate a new restaurant business model—the ghost kitchen. Moreover, if a franchisee has multiple investors into a franchise, LLCs become more complex from a tax perspective. Leasing issues.

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Modern Restaurant Management

MAY 28, 2021

Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. Clean Juice®, honored its franchise partners during its annual Juicey Awards event. Top Marketer : Dan Farrell, Multi-units in MI. Clean Juice Celebrates Franchisees.

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Cheetah

SEPTEMBER 8, 2021

Major franchises feel it too and they are going to war over every wing. This is exacerbated by the surge in demand as major franchises celebrate national chicken wing day and struggle to get every breast for their new sandwiches. It’s not only small restaurants that are experiencing this surge. The Problem with Major Food Distributors.

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Modern Restaurant Management

JULY 16, 2021

MRM Franchise Feed features the latest news in the restaurant franchise and MUFSO landscape. The deal, which closed in January 2020, has already affected Killer Burger, particularly with its aggressive growth strategy. Überrito Fresh Mex Embarks on Aggressive Franchise Program. UNO Rewards GMs.

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Modern Restaurant Management

NOVEMBER 2, 2021

MRM's Franchise Feed provides the latest news in restaurant and MUFSO franchising. Subway® announced significant expansion in India, Sri Lanka and Bangladesh, as the company signed a master franchise agreement with Everstone Group (Everstone), a South Asia focused leading private investment firm.

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