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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.
Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. Leading the Tampa expansion are Tammy and Brad Cochran of Tampa Bay CSC, multi-unit Chicken Salad Chick franchise owners. ” The Dolly Llama Looking to Franchising.
Do I Have Strong Marketing & Recruitment Strategies? In the beginning of any business, you need to devote a majority of your time to marketing and recruitment strategies, but once you get busy with a lot of customers, there is less and less time for it. That is why those recruitment and marketing strategies are so important.
Do I Have Strong Marketing & Recruitment Strategies? In the beginning of any business, you need to devote a majority of your time to marketing and recruitment strategies , but once you get busy with a lot of customers, there is less and less time for it. That is why those recruitment and marketing strategies are so important.
In this edition of MRM News Bites, we feature sobering statistics from Yelp, a ghost kitchen franchise model, franchise explosions expected and falling for for an improved PSL. Ghost Kitchen Franchise Model. After signing a franchise agreement, owners are operational on the platform within 10 days. Yelp Sees COVID Effect.
To determine sales for your restaurant, you need to track the total revenue generated from all sources, including food and beverage sales, catering services, merchandise sales, and any other revenue-generating activities. Together with gross profit, net profit margin is also an important franchise restaurant performance metric.
Whether it's an independent operator hiring a few dozen people per year, or a large national brand hiring several thousand, employee recruitment and retention is a hands-on and time-consuming process. To streamline the process further, 37 percent of restaurant operators plan to adopt automated labor management and recruitment systems.
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