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The Six Most Common Franchise Problems (And How to Solve Them)

7 Shifts

million Some franchisors even require aspiring franchisees to have hundreds of thousands of dollars of cash on hand, which runs the bill up even more. Simply shifting your mindset from “I always have to pay 5%” to “I send a payment to the corporate office and now I don’t have to hire a marketing team” can make this problem more manageable.

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Restaurant’s Need to Start Accepting Mobile Payments

Lavu

Apart from accepting cash and card payments, mobile payments have grown to be the next big thing. They can use their phones to store credit and debit cards, and reward cards as digital cards for paying through online apps or at physical cash registers. You do not need to have physical cards or cash to make payments. .

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The importance of financial training for independent restaurant owners

Margin Edge

Financial management may seem like something you can handle on your own, but it can be complex and time-consuming. With the ability to access training materials at any time and from anywhere, your management staff can fit training into your restaurant's busy schedule. Online financial training can provide valuable support in this area.

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Restaurant REIT: Strategic Real Estate Solutions for the Hospitality Industry

Aaron Allen & Associates

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.

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The Road to Operational Excellence – Only the Best for Cheetah Clients

Cheetah

Just five years after Cheetah was founded, we’ve managed to process over 350,000 orders, supply over 1,000,000 products, and service over 3,000 restaurants. We’ve come a long way since 2015. Our journey begins in 2015 in the sluggish foodservice market in San Francisco. This is the story of our journey to operational excellence.

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Virtual Acceleration, Raising the Bar and Insult Monitor

Modern Restaurant Management

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.

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The True Cost of Keeping a Restaurant Open During a Pandemic

EATER

In March, when the COVID-19 pandemic hit the Bay Area, Techamuanvivit was forced to close the original location of Kin Khao, the critically acclaimed Thai restaurant she had opened in 2015 at the Parc 55 Hotel in Union Square. We do pay cash to some vendors at the farmers markets, but that’s about it. But also, it’s a bloody pandemic.