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Selecting an Effective Accounting Firm for Your Restaurant Franchise

Modern Restaurant Management

It’s no secret that running a restaurant franchise is a complex task with an abundance of moving parts. Scalability For many franchise owners and leaders, growth is the ultimate goal. While running a lucrative restaurant franchise is a stressful and at times unstable business, your accounting function doesn’t have to be.

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How Does a Single-Location Independent Operator Restaurant Compete with Chain Franchises?

Modern Restaurant Management

Even in the best of times, it’s mostly been an uphill battle for single location restaurants to compete with chain franchises. Text and online ordering and self-service kiosks enabled with contactless payments became mainstays in franchises. Diners became familiar with accessing menus via QR codes. Promotion and Loyalty Programs.

Franchise 536
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Standardized Payment Systems Are Key to Success for Franchises

Modern Restaurant Management

There is no doubt that franchises do an incredible amount to help their franchisees, whether that’s providing business support and sharing key information to offering training and access to their trademarks and branding. Unfortunately, what many franchises often lack in providing is a unified payments system.

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MRM Franchise Feed: TCBY at 40 and, Mr. Potato Spread to Franchise

Modern Restaurant Management

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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MRM Franchise Feed: Virtual BBQ and Pieology in China

Modern Restaurant Management

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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Franchising 101: Five Crucial Steps Before Franchising

Modern Restaurant Management

What does it really mean to franchise your restaurant? Franchising is a great way to grow a brand using other people’s capital. If you take the franchising plunge, you must understand that franchising is a business in itself and be prepared to devote the necessary resources to your franchising business.

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Key Sections of a Franchise Disclosure Document: An Annual Review Guide for Franchisors

Modern Restaurant Management

A Franchise Disclosure Document (FDD) serves as the foundation of the franchisor-franchisee relationship. Not only is it a critical sales tool for the franchisor, but it also gives a prospective franchisee vital insight into the franchise opportunity and help them make an informed decision to invest.

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