Apicbase

MAY 18, 2022

You don’t have to be Starbucks or Mcdonald’s to win at franchising, but you have to get the basics right. We’ve studied small and midsize restaurant groups and found ten essential elements for running a successful restaurant franchise business. How To Franchise A Restaurant? Where will my franchises be located?

Franchise 52

Franchise Franchising Sustainability Document 52

Modern Restaurant Management

NOVEMBER 4, 2024

" TGI Fridays Franchisor, LLC has franchised the brand to 56 franchisees in 41 countries. All of these franchise locations, both domestic and international, are independently owned and therefore not included in TGI Fridays Inc.’s ’s Chapter 11 process.

2024 88

2024 Point of Sale Franchise Franchising 88

The Restaurant Times

NOVEMBER 30, 2020

Restaurant owners mainly turn to the franchise route for business expansion because of a lack of time and resources. How To Franchise Restaurant In Saudi Arabia. People are mostly under the impression that franchising a restaurant is a complicated process. Supply Chain Management. Vendor Management. Technology.

Franchise 52

Franchise Franchising Cash Management Recruiting 52

Apicbase

APRIL 20, 2022

Franchising is a time-tested business model that allows restaurant owners to scale their business fast and efficiently. In this post, we are NOT exploring the benefits of a restaurant franchise. We’ve included those at the bottom of the page to give you a complete picture of the risks of franchising your foodservice brand.

Franchise 52

Franchise Franchising Cash Management Kitchen Safety 52

Modern Restaurant Management

MARCH 12, 2020

Through my 26 years working in franchise development, I have seen first-hand the intrinsic value of the franchise business model. Refranchising involves the purchase of a corporate-owned location that is already constructed, operating and has existing cash flow. As the Franchisor. As the Franchisee.

Franchise 148

Franchise Franchising Cash Management Leadership 148

MBB Hospitality

SEPTEMBER 12, 2019

Have you been considering getting into the restaurant franchise business , but not sure if this is the right time to do it? Is restaurant franchising on the rise in 2019? They projected that the number of franchise establishment would increase by 2.6 Are you primed for success? percent this year. Tax Cuts and Jobs Act.

Franchise 40

Franchise Franchising 2019 Cash Management 40

ChowNow

AUGUST 26, 2024

All of the ingredients of success come down to how you manage your money to keep costs under control and bring in profits. Note that this budget could apply to a new restaurant, a new branch/franchise or a major renovation. We’ve got a few tips to effectively manage your restaurant business budget.

Cash Management 78

Cash Management Seasonal Menu Inventory Equipment 78

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.

Franchise 203

Franchise Franchising Leadership Cash Management 203

The Restaurant Group

MARCH 11, 2024

Managing a restaurant involves so many moving parts, including sourcing high-quality ingredients, purchasing a seemingly endless list of supplies, managing staffing and scheduling, and budgeting for a profitable restaurant – all within a set budget. One example is our restaurant remote management service.

Management 78

Management Management Cash Management Insurance 78

Rocket Fuel

NOVEMBER 13, 2024

In fact, for one Wendy’s franchise , introducing EWA reduced cash-till theft by 80%. All of this can make EWA difficult, time-consuming, and frustrating to implement and manage — and leave restaurant owners feeling like the entire project might not be worth the hassle.

Employee Relations 52

Employee Relations Front of House Back of House Franchise 52

7 Shifts

AUGUST 18, 2024

Buying into a franchise can be a good option because it provides support and brand recognition. Specialty bars focus on a particular type of drink or theme, such as wine bars or cigar bars, but can be much more expensive to manage. Hiring a Strong Team You'll need a manager, bartenders, waiters, and security.

Bar 370

Bar License Email Marketing Customer Service 370

Clover - Restaurants

APRIL 23, 2024

An existing restaurant also has an established cash flow, as well as a system in place for managing inventory, staffing, and running the kitchen. There’s no guarantee that employees will stick around for a change of management or if you start changing the operating model. Franchise or independent restaurant?

Point of Sale 52

Point of Sale Cash Management Franchise Franchising 52

The Restaurant Group

JULY 11, 2024

Benefits of Investing in a Feasibility Study Even large franchises backed by celebrities have been known to fail. Minimize Risks From growing food costs and hiring the right employees to obtaining the necessary permits, managing a restaurant can be tricky. A restaurant feasibility study ensures you don’t suffer the same fate.

Cash Management 88

Cash Management Transportation Website Management Entertainment 88

Modern Restaurant Management

JANUARY 16, 2024

The loss of volume for the franchise, the forfeiture of jobs for the community, and the closed restaurant locations could have been avoided with a thoughtful succession plan. Despite this, restaurant owners and franchise brands routinely shy away from discussions around exit strategies or succession planning.

2030 180

2030 Franchise Franchising Employee Relations 180

Modern Restaurant Management

JANUARY 8, 2024

Modern Restaurant Management (MRM) magazine asked restaurant industry experts for their views on what trends and challenges owners and operators can expect to see in 2024. This capability can prove invaluable for refining pricing strategies, optimising ingredient and waste management, and planning forthcoming shifts, among other benefits.

2024 215

2024 Loyalty Program Cash Management Customer Experience 215

Modern Restaurant Management

MARCH 24, 2020

Feature-rich mobile POS systems have evolved to processing orders, sending tickets to the kitchen, providing detailed reporting and offering thorough inventory and business management. Cash registers are a technology of the past as business owners now focus on greater flexibility and control.

POS 122

POS Cash Management Mobile Ordering Point of Sale 122

Modern Restaurant Management

APRIL 11, 2022

Of these, one of the biggest challenges facing independent, franchised and fast-casual restaurants is staffing. Facing multiple headwinds, restaurant owners and management must employ the most effective tool available: effective communication. A good starting point for addressing many issues is use of a manager’s log.

Healthcare 203

Healthcare Cash Management Social Media Communication 203

Hot Schedules

MAY 25, 2021

Software Engineering Manager. Software Engineering Manager. Our Cash and Financials solution allows managers to track the movement of cash within the store — from the register and the safe, all the way to the bank, focusing on accountability and reducing cash loss due to theft or human error. Chad Marais.

Cash Management 148

Cash Management Customer Service Customer Experience Sports 148

Focus POS

JUNE 17, 2019

It’s a system that takes the place of a traditional cash register and provides much more than basic transaction functionality. Restaurant point of sale software empowers businesses to control labor costs, manage inventory, and have deeper visibility into business operations. POS for Restaurant Franchise Management.

Point of Sale 113

Point of Sale Cash Management POS Mobile Ordering 113

Modern Restaurant Management

SEPTEMBER 14, 2022

AI can assist restaurants in optimizing how they manage and operate menus to increase margins. Just look at how brands will attract more customers; CallBurger franchise in Pasadena showcasing a burger-flipping robot named Flippy, or Dominos using drones to deliver pizzas in New Zealand. How can a smaller restaurants compete with that?

Front of House 211

Front of House Mobile Ordering Loyalty Program Back of House 211

Focus POS

JUNE 27, 2019

Restaurant management is a complex task requiring a delicate balance of managerial skills and software. We’ve put together a guide you can use to help you choose the best technology for your restaurant and how it can help you run a more profitable business: General Restaurant Management. » Restaurant Labor Management.

Management 121

Management Management Franchise Franchising 121

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.

Franchise 189

Franchise Franchising Kitchen Safety Food Safety 189

Apicbase

FEBRUARY 29, 2024

Square , 2024) Get started : Restaurant Inventory Management Software for Multi-Unit Restaurants and Large-scale Catering Operations. The automation of other administrative tasks is also trending high: 70% report that they have automated payroll, 65% bookkeeping, and 65% inventory management. of employment in the franchise sector. (

2024 52

2024 Operations 2023 Loyalty Program 52

Modern Restaurant Management

MARCH 11, 2020

US Foods Holding Corp.entered into a definitive agreement to acquire Smart Foodservice Warehouse Stores from funds managed by affiliates of Apollo Global Management, Inc. NYSE: APO) (the “Apollo Funds”) for $970 million in cash.

Bar 154

Bar Cash Management Loyalty Program Point of Sale 154

Margin Edge

OCTOBER 3, 2023

KPIs and metrics can span countless categories, not all of which are financial, but they can help you identify revenue, spending, cash flow and others. Restaurants get their best results by measuring across multiple dimensions within a unified dashboard that presents both financial and statistical data.

Cash Management 105

Cash Management Loyalty Program Seating Small Business 105

Aaron Allen & Associates

MAY 10, 2024

They provide a way for investors to access dividends generated from real estate investments without needing to buy, manage, or finance properties themselves. Overall, REITs have provided a valuable tool for the restaurant industry, facilitating growth and financial management but require careful consideration of terms and strategic fit.

Hospitality 52

Hospitality Fast Casual Cash Management Hotels 52

Rocket Fuel

MARCH 2, 2022

In most restaurants, a few key team members typically handle accounts payable management, and there are several processes involved, including: Receiving supplier invoices. Operators can easily do this through simple communication with their management team, and the use of data analytics within their present practices. Keep reading! .

Cash Management 98

Cash Management Operations Consumer Goods Inventory 98

Restaurant365

JUNE 2, 2021

If you’re a fixed asset accountant who manages multiple locations, the following challenges may sound familiar. Facility management software can help by providing the information at your fingertips. When evaluating an asset, facility and asset management software can help reveal true costs by providing:Make, model and serial number.

Blog 78

Blog Audits Cash Management Equipment 78

Restaurant365

JUNE 2, 2021

If you’re a fixed asset accountant who manages multiple locations, the following challenges may sound familiar. Facility management software can help by providing the information at your fingertips. When evaluating an asset, facility and asset management software can help reveal true costs by providing:Make, model and serial number.

Blog 78

Blog Audits Cash Management Equipment 78

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? Rick Camac Dean, Restaurant & Hospitality Management at ICE (Institute of Culinary Education). Here are their responses.

2020 180

2020 Online Ordering Customer Experience Point of Sale 180

Modern Restaurant Management

AUGUST 3, 2020

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features the state of flavor, COVID-19 restaurant operations, public acceptance of delivery charges, the best of the best and the most allergy-friendly restaurant chains. ” Franchise Sale to Explode. DoorDash Deep Dish.

2020 195

2020 Franchise Franchising Food Order 195

Modern Restaurant Management

DECEMBER 28, 2020

Modern Restaurant Management (MRM) magazine asked restaurant industry experts for their opinions on what we can expect in 2021. Rick Camac, Dean, Restaurant & Hospitality Management at ICE (Institute of Culinary Education). Ross Franklin, CEO and Founder of Pure Green Franchise. Here are their responses.

2021 199

2021 Kitchen Safety Food Safety Mobile Ordering 199

Modern Restaurant Management

APRIL 3, 2020

However, the challenges presented as a result of this situation could easily affect people’s livelihoods for years.

Government 153

Government Insurance Cash Management Hotels 153

Modern Restaurant Management

SEPTEMBER 10, 2021

MRM's Franchise Feed features news on the restaurant franchise and MUFSO landscape. The group plans to grow both Ike’s and Bangin’ Buns through franchising starting in 2023. Habit Signs Franchise Development Deal. Wing Zone Refresh. Wing Zone is getting a new look, top photo. It is advancing its U.S.

Franchise 188

Franchise Franchising Food Fast Casual 188

EATER

JUNE 29, 2022

Instead, you’ll find a much smaller digital menu backlit above the cash register, soda fountains have replaced the cooler behind the counter, and there are stiff new vinyl booths. Almost all were managed and staffed by Afghan immigrants who had fled the Soviet occupation of Afghanistan. Clay Williams. Mike Diago.

Franchise 98

Franchise Franchising Cash Management Food Order 98

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. . "My

Franchise 110

Franchise Franchising Loyalty Program Book 110

Restaurant365

DECEMBER 20, 2021

Sharing information between teams shouldn’t require time-consuming communication to ensure accurate reporting, cost management, and forecasts. For instance, reviewing your CoGS report daily allows managers to adjust purchasing and usage on a more frequent basis. Conclusion.

Operations 78

Operations Leadership Point of Sale Cash Management 78