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. Play to Your Strengths.

Franchise 213
article thumbnail

How to Expand Your Franchise: A 10-Step Roadmap for Restaurants

7 Shifts

The people have spoken, and your restaurant franchise is a winner. Therefore, it might be time to expand your franchise and lay the foundation for one (or even several) more franchise locations. Read on for our actionable, step-by-step process on how to expand your franchise. Next, you need a location.

Franchise 368
Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

COVID-19 Crowdfunding for Franchise Expansion

Modern Restaurant Management

to fuel franchise expansion when the global pandemic took hold of the world. Once the campaign ends in June 2020, Pure Green will use the funds to support operations, staff, and eventually open new franchise locations in Chicago, Orlando and Philadelphia. Why did you decide to take Pure Green the franchise route?

Franchise 185
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.

Franchise 170
article thumbnail

Steps to Choosing a Franchise

Goliath Consulting

Finding the best franchise requires a lot of research, time, and money. There are thousands of franchises, so this can be a challenging task. Choosing the right franchise that best suits your needs can be daunting but exciting for those ready to become business owners. Franchise costs usually vary from $10,000 up to $1,000,000.

article thumbnail

Key Disruptions Rocking the Restaurant Franchise Space

Modern Restaurant Management

Like veritably all businesses in the post pandemic era, those operating in the restaurant, café, food truck or other type of F&B franchise space are experiencing a wave of major change—as is the franchising trade at large. Beyond this dynamic, there are a myriad of other problems with franchise portals.

Franchise 191
article thumbnail

MRM Franchise Feed: Modular Chicken and 2020 Year-End Results

Modern Restaurant Management

Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. A 1,400-square foot model without interior seating is also currently in development and will be equipped with a drive-thru and walk-up order window. Modular Chicken.

Franchise 201