article thumbnail

How to Open a Restaurant or a Bar: 5 Steps

Next Restaurants

If you conclude a franchise agreement , then this network most likely has a coach who will bring you up to date and can help you through the entire process. Also, the chef will help you to draw up a list of equipment, calculate the food cost, choose the right suppliers and draw up a delivery schedule. Rights, Permissions, Requirements.

Bar 97
article thumbnail

PPP Part Two and More Restaurants Need to Know Now

Modern Restaurant Management

How to ramp up takeout and delivery operations. Where take-out and delivery orders previously made up 15% of their business, they have had to quickly morph their business model to accommodate 100 percent of business via take-out and delivery, in the midst of an economic downturn. Best practices for calculating cash flow.

Webinar 166
Insiders

Sign Up for our Newsletter

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

article thumbnail

PPP Part Two and More News Restaurants Need to Know Now

Modern Restaurant Management

How to ramp up takeout and delivery operations. Where take-out and delivery orders previously made up 15% of their business, they have had to quickly morph their business model to accommodate 100 percent of business via take-out and delivery, in the midst of an economic downturn. Best practices for calculating cash flow.

Webinar 175
article thumbnail

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

Modern Restaurant Management

He is also a veteran entrepreneur and is a coach to many Fortune 500 companies. He also launched Fireteam Logistics LLC, an Ohio-based transport and delivery service, and recently partnered with Amazon Logistics. Hartman is a veteran, having served as a U.S. Army Officer.

Franchise 199
article thumbnail

What Is A Franchise Restaurant? — Benefits For Growing Food Brands

Apicbase

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. As long as your franchise agreement lasts, your franchisees will pay you ongoing royalties to legally license your brand, name, and business model.

article thumbnail

Touchless Ketchup, Icing on the Frosting and Bobacino

Modern Restaurant Management

Sharebite launched Sharebite Stations, a streamlined, post-COVID compliant solution for facilitating contactless food delivery at offices. Faced with an ongoing economic depression, the restaurant industry has struggled with revenue loss due to the lack of dine-in customers and steep third-party delivery costs. ” Curbside Olo.

article thumbnail

MRM Franchise Feed: Currying Up Favor and Committed Taco

Modern Restaurant Management

for six years before starting his own executive coaching and consulting business, Incisive Consulting, LLC, in 2018. She has a bachelor’s degree in accounting from the University of Wyoming and holds an active CPA license in the State of Colorado. and PepsiCo, Inc. Seahawk Minerals and Pricewaterhouse Coopers.

Franchise 107