Modern Restaurant Management

APRIL 21, 2021

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. A Renter’s Market for Commercial Property. The Pre-Covid Restaurant Sector Was Thriving. Government Incentives.

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Modern Restaurant Management

SEPTEMBER 23, 2021

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. GDP by 2021 year end. million people and contribute $477 Billion to the U.S.

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Goliath Consulting

OCTOBER 6, 2020

The Benefits of Owning a Franchise Restaurant Business. We discussed in our earlier blogs why it is a great time to buy a food franchise in 2020 through 2021. The COVID-19 pandemic is helping boost franchise sales as unemployment grows in the restaurant industry and people are reassessing new career options.

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Modern Restaurant Management

APRIL 23, 2021

Experts predict home sales will continue to skyrocket in 2021 as Zillow forecasts this year to be the best year for home sales since 2005, with 6.9 Restaurants can take advantage of this moving trend by implementing marketing strategies that help build lasting relationships with customers. New Mover Marketing Captures Customers Online.

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Marketing Social Media 2005 Franchise 212

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. And three, above all, we see the need for digital marketing automation continuing and growing into 2021 and beyond. In 2021, we will see a dip in customer satisfaction. Here are their responses.

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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.

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Franchise Franchising Kitchen Safety Food Safety 186

Aaron Allen & Associates

SEPTEMBER 29, 2022

Franchising has enabled restaurant chains to grow exponentially across the world. In mature markets like the U.S., chains account for almost 60% of foodservice sales — for every dollar you consume in restaurants, 60 cents go to a franchised system. Through time, international chains have expanded to new markets via franchising.

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Franchise Franchising Fast Casual Advertising 98

Modern Restaurant Management

DECEMBER 3, 2020

Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. ” The company already signed nine franchise licenses with three new franchisees. PJ’s Coffee offers a proven franchise structure with strategic corporate support.

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Modern Restaurant Management

OCTOBER 22, 2020

Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. The new formats come on the heels of a major multi-unit franchise development strategy announced last month that is set to grow the brand to 2,000 units. QDOBA's New Concept.

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Franchise Franchising Loyalty Program Kitchen Safety 119

Modern Restaurant Management

JUNE 3, 2021

It’s the next evolution of personalization, speed and convenience layered with a unique brand experience that will best position restaurants to win market share.” CGA’s consumer research has signs that sizeable numbers will be looking to the On Premise to mark events like these in 2021. Franchise Operations Index.

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Modern Restaurant Management

DECEMBER 23, 2020

The architects at EMPAD Architecture & Design have been designing both franchise and private owner restaurants over the past 17 years for various types of restaurateurs ranging from small quick service restaurants and drive-thrus to unique concept, full-service elegant dining establishments.

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Design 2021 Outdoor Brewery 211

Modern Restaurant Management

NOVEMBER 20, 2019

Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. CPK Brings on Franchise Veteran. Send news to Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. Giorgio Minardi. ” Rex's Ready to Grow.

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Franchise Franchising Customer Experience Seasonal Menu 82

Perfect Daily Grind

SEPTEMBER 2, 2022

billion in earnings from 2021/22 coffee exports. Franke aims to expand in the Asia-Pacific market. Westrock Coffee goes public on Nasdaq stock market. UAE roaster Coffee Planet plans to enter UK market. According to the report, the volumes of sustainably-sourced green coffee increased by 29% on 2021. Mon, 29 Aug.

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Government Sustainability 2021 Sourcing 128

Modern Restaurant Management

AUGUST 22, 2022

percent compared to the same period in 2021, but simultaneously showing that the dine-in channel saw a 2.4-percent percent increase compared to April 2021. In fact, McDonald’s franchise owner Jennifer Antolin said she transitioned to cloud accounting when growing from two to four franchises.

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Franchise Franchising Consumer Goods Food Supply 190

Modern Restaurant Management

JANUARY 26, 2023

In other encouraging news, franchise operators believe that, although most restaurants are not fully staffed, the labor situation has stabilized. In 2021, restaurants saw a rebound, leading many to approach 2022 with rose colored glasses. On the franchise side, what do you foresee in 2023? What were major challenges for them?

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2023 Franchise Franchising Employee Relations 186

Modern Restaurant Management

MAY 22, 2024

Prior to joining IFMA in 2021, he led and managed businesses at Kraft, Jones Dairy Farm, Cargill, and McCormick & Co., The move away from the “real-estate/master area developer” for franchising expansion to now a more classic food operation-focused model makes it an ideal time to get into Subway.

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Front of House Back of House Leadership Franchise 176

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.

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Franchise Franchising Loyalty Program Book 92

Modern Restaurant Management

NOVEMBER 1, 2019

Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. Coolgreens just turned 10 and is looking towards its future: the company has a goal of opening a total of 150 corporate and franchise locations within the next five years.

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Franchise Franchising Fast Casual Point of Sale 77

7 Shifts

OCTOBER 14, 2022

We tend to be more forgiving of the former,” says Mike Lynn, a nationally-recognized tipping expert , and Professor of Services Marketing at Cornell University's School of Hotel Administration. percent higher in the second quarter of 2022 than in 2021. If I choose not to tip on a screen, it’s a sin of commission. fewer than a year ago.

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Social Media Fine Dining 2022 2015 359

Restaurant365

DECEMBER 4, 2020

No one knows exactly what will happen in 2021, but if you are a restaurant owner or operator, it’s certain you are thinking ahead to what’s next for your business. Here are the top 12 operational challenges restaurant operators should expect in 2021: 1. Generating enough revenue to break even.

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2021 Operations Mobile Ordering Social Media 78

Modern Restaurant Management

APRIL 29, 2020

In addition to being the hardest hit, these segments are heavily franchised. ” Because of franchisor approval rights and transfer controls in franchise agreements, franchisees are often considered to be affiliated with franchisors and are prevented from accessing SBA funds without special modifications to the franchise agreement.

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Franchise Franchising Specials Employee Relations 104

7 Shifts

JANUARY 19, 2022

Real, market-leading multi-unit brands are scaling fast with technology like 7shifts. Each location reduced labor cost from an average of 32% in Jan 2020 to 23% as of April 2021, due in part to more efficient schedules. It's all there,” explained Kim Jackson, District Manager and Franchise Trainer for The Human Bean.

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Point of Sale Franchise Franchising Communication 370

Modern Restaurant Management

MARCH 7, 2022

A majority of the deals we saw in 2021 were owners of existing restaurant concepts acquiring other brands to combine operations, and build scale. Brands that are proven outside their immediate home market, where we can accelerate growth through franchising. Passionate customer bases.

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2022 Point of Sale Franchise Franchising 211

Modern Restaurant Management

MARCH 12, 2021

First-time Chicken Salad Chick (CSC) franchise owner Claibourne (Clay) Rogers was introduced to the fast-casual concept in 2015 when she served as an account director at the brand’s public relations firm, Fish Consulting. They gravitated to franchising because they had no experience in opening a business.

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Modern Restaurant Management

JANUARY 12, 2022

The pandemic has permanently altered the consumer-restaurant relationship with operators investing in technology and real estate to align with changing consumer preferences, according to the 2021 Restaurant Franchise Pulse survey, conducted by TD Bank. Christmas Day delivers second-highest day for check value across 2021.

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2022 Mobile Ordering Guest Recovery Point of Sale 209

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.

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Franchise Franchising Leadership Cash Management 199

Cheetah

JULY 30, 2021

To support food entrepreneurs determined on riding the wave, we created a FREE guide that pools together our experience and market insight. This chapter deep dives into 3 less familiar food business models: Food trucks, Ghost Kitchens and Franchises. Opening a Restaurant? This Guide Is for You! Chapter 3: Working with suppliers.

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2021 Food Truck Download Point of Sale 78

The Restaurant Times

JANUARY 26, 2021

In an exclusive conversation with The Restaurant Times , Nishant Tripathi, Co-Founder of Shake It Off(SIO) shares his thoughts on the growth strategy of Shake It Off and how cloud kitchen is a recipe for revival for restaurants in 2021. . In the initial stages of the pandemic situation, Shake It Off started losing out the franchise partners.

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Franchise Franchising Loyalty Program Online Ordering 98

Perfect Daily Grind

DECEMBER 9, 2022

Ethiopian Coffee and Tea Authority reports US $526 million in export revenue during first four months of 2021/22 fiscal year. Research and Markets says cold brew sales and rising Gen Z income will be biggest drivers of growth in global coffee market. Luckin Coffee plans for rapid franchise expansion in China.

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Modern Restaurant Management

DECEMBER 22, 2020

Most importantly, our marketing team has reaffirmed that our customers are what inspire our story. Branding is as critical outside the restaurant as much as it is onsite, and our marketing team has learned to successfully integrate the brand into off-premise experiences. Looking Ahead to 2021.

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Hospitality Food Safety Customer Experience Online Ordering 193

Perfect Daily Grind

JUNE 24, 2022

An initial trial of 40 Express machines was launched in Bristol in 2021. million in the final quarter of 2021. Welsh Starbucks franchise receives £10 million (US $12.3 The company plans to open 200 franchised Starbucks coffee shops in Wales over the next five years. The market is expected to be valued at US $4.4

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2022 2025 Events Café 135

Modern Restaurant Management

AUGUST 25, 2021

MRM's Franchise Feed features news on the restaurant franchise and MUFSO landscape. ” “This is historic for our brand,” said Brooks Speirs, vice president for franchise development. “As we begin our aggressive growth into new markets, there is no better partner than Meritage.

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Franchise Franchising Customer Experience Point of Sale 165

Modern Restaurant Management

MAY 18, 2022

In today’s employee-driven market, we have seen only a small number of restaurants increase the employee cost for benefits; they simply did not want to risk losing even one employee. There are significant differences in benefit structures between large operators versus small operators and franchise operators versus brand operators.

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Insurance 2022 2023 Technology 208

Modern Restaurant Management

SEPTEMBER 10, 2021

MRM's Franchise Feed features news on the restaurant franchise and MUFSO landscape. Ike’s Love & Sandwiches made a strategic investment in Los Angeles phenomenon Bangin’ Buns with plans to expand the young concept across Southern California and bring the brand to new markets. Wing Zone Refresh.

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Franchise Franchising Food Fast Casual 176

Modern Restaurant Management

JUNE 17, 2021

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.

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Franchise Franchising Food Truck Loyalty Program 139

Modern Restaurant Management

NOVEMBER 2, 2021

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. Bad Ass Expanding.

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Franchise Franchising Leadership Beverage 178

Modern Restaurant Management

MAY 28, 2021

Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. Clean Juice®, honored its franchise partners during its annual Juicey Awards event. Top Marketer : Dan Farrell, Multi-units in MI. Clean Juice Celebrates Franchisees.

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