The Restaurant Times

MARCH 6, 2023

In this article, we’ll cover all the basics of a restaurant’s profit margin – meaning the average profit margin of different restaurants and how to increase your restaurant’s profit margin. In fact, according to reports , the net profit margins across the restaurant industry decreased from 16% in Q2 2021 to 9.59% in Q2 2022.

Food Truck 52

Food Truck Point of Sale Employee Relations Equipment 52

Apicbase

APRIL 5, 2022

When you franchise your restaurant, you allow an independent investor to buy into your business, selling the license to use your brand name, operations, products, and knowledge. This article explains what a franchise restaurant is and helps you decide whether the expansion strategy is worth considering to grow your restaurant business.

Franchise 52

Franchise Franchising Food License 52

Apicbase

APRIL 20, 2022

Every pitfall mentioned in this article includes a solution (which reminds me, you should also look into best practices for F&B franchising). You should be able to give potential franchisees a complete overview of their estimated expenditure, from the initial start-up investment to infrastructure, licenses, and royalty fees.

Franchise 52

Franchise Franchising Cash Management Kitchen Safety 52

Apicbase

MAY 18, 2022

In this article, we’ll cover: Intellectual property Business plan Manual for franchisees Franchise agreement Marketing strategy Partnership with franchisees Training The right technology Feedback loops Franchise support team. Don’t make the mistake of underestimating the investment your franchisees will need to make.

Franchise 52

Franchise Franchising Sustainability Document 52