article thumbnail

Franchise Portfolio Diversification: Trends Taking Shape in 2022

Modern Restaurant Management

This level of uncertainty is obviously making restaurant owners and fast-casual franchise owners nervous at the prospect of the industry going through a fundamental change, and what was considered standard practices may become unrecognizable. are the fast-casual franchise model of the future. Staying Ahead of COVID-19 and Its Variants.

article thumbnail

Social Marketing: Insights from Meta’s Restaurant Summit

Modern Restaurant Management

On October 1st in Chicago, Meta’s Restaurant Summit brought together more than 100 marketers from some of the most recognizable franchises in the industry for a buffet of diverse programming, discussion, and exploration into the world of restaurants. Meta Study, June 2024. billion impressions.

Marketing 447
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Does a Single-Location Independent Operator Restaurant Compete with Chain Franchises?

Modern Restaurant Management

Even in the best of times, it’s mostly been an uphill battle for single location restaurants to compete with chain franchises. Text and online ordering and self-service kiosks enabled with contactless payments became mainstays in franchises. Diners became familiar with accessing menus via QR codes. Direct Delivery.

article thumbnail

Private Equity in 2022

Modern Restaurant Management

What the future holds and how brands can position themselves to land an investor as they prepare for 2022 and beyond. Brands that are proven outside their immediate home market, where we can accelerate growth through franchising. Passionate customer bases.

2022 551
article thumbnail

MRM Franchise Feed: TCBY at 40 and, Mr. Potato Spread to Franchise

Modern Restaurant Management

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.

article thumbnail

10 Tips To Make Your Franchise Feel Local

Modern Restaurant Management

Many people make the mistaken assumption that franchises are not local businesses. Fortunately, there are steps you can take to make your franchise restaurant a mainstay of your community. Unfortunately, many people do not equate a franchise with a locally owned business. by the end of 2022. Eat Local!

article thumbnail

Why Now Is the Perfect Time to Invest in a Restaurant Franchise

Modern Restaurant Management

But why exactly is now the perfect time to invest in a restaurant franchise? At the start of 2020, starting a restaurant business or franchise would have seemed like something of a no-brainer. Franchises Can Be Flexible. The Pre-Covid Restaurant Sector Was Thriving. Government Incentives.