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Why Now and into 2021 is a Great Time to Buy a Franchise

Goliath Consulting

With all the trouble the pandemic has given the restaurant industry these past couple months, you might be surprised to hear that restaurant franchising opportunities have never been stronger. Up-and-coming restaurants like Fajita Pete recently announced it will triple locations from their new franchise deals (2). UNSTABLE WORKFORCE.

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Strategy A La Carte: The Dish on Digital Marketing Trends for Restaurant Brands 

Modern Restaurant Management

And there are a few reasons that having a thorough, structured digital marketing strategy is imperative to the overall success of your restaurant or franchise. By sharing content that showcases expertise in the culinary world, the franchise world and beyond, executives can become trusted leaders for others in the industry.

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Future of Food Delivery

Goliath Consulting

Larger franchises have offered free delivery (McDonalds, Applebee’s, IHOP, Panera Bread, Wingstop and Chipotle Mexican Grill, among many others) to accommodate decreasing on-premise sales (1). Even larger brands, like that of the sub/sandwich franchise Jersey Mikes, relied on third-party delivery as a way of managing within its capacity (4).

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How to Manage Your Restaurant Labor Cost Percentage

7 Shifts

This is certainly true for the independent entrepreneur, but even large and resourceful restaurant franchises and groups are not immune to the threat—and in some cases, the reality—of rising labor costs. While the tips outlined above can be beneficial in all restaurants, these ones listed below are more applicable to franchises.

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How to Grow Your Catering Business

Goliath Consulting

From venue information, menus, pack lists, hiring, timelines, etc., More ideas can be found in our earlier blog, “5 Steps To Do Social Media Right.”) It will also provide a marketing platform where you can meet new people and gain new leads. INVEST IN TECH.

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A Guide to the Role of a Restaurant Manager: Duties, Daily Routine, and Essential Skills

7 Shifts

You're responsible for tactical duties like training new hires, conducting performance reviews, disciplining rule breakers and poor performers, and handling compensation changes—in addition to more interpersonal tasks like mentorship and ensuring professional growth. This part of the job is arguably the most multi-faceted.

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The Top 10 Restaurant Podcasts to Tune Into

7 Shifts

The fast-paced nature of the restaurant industry makes it difficult for owners and managers to sit down, let alone read reports, restaurant magazines and blog posts to gain industry knowledge. Begin your podcast listening with this episode on franchising , featuring Steve DeSutter - former President/CEO at Focus Brands Inc.

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