Remove Franchising Remove Insurance Remove Merchandise Remove Take-out
article thumbnail

MRM Franchise Feed: Krystal Refranchising 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. " Macaluso hired Cypress to insure a consistent and disciplined approach to the process. Send news to Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com.

article thumbnail

How to Manage Cash Flow During Restaurant Restrictions

Restaurant365

For most restaurants, inflow is principally the cash from your food and drink sales, or related catering or merchandise. With a forecast of your cash ins and outs, you are better informed when planning for your bank debt obligations. If you are a franchise business, you will have required upgrades. Keeping track of cash outflow.

Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

2024 Outlook: Restaurant Trends and Challenges, Part One

Modern Restaurant Management

This could take the form of creative blended financing structures, open innovation platforms, infrastructure partnerships, and commercial collaborations as the industry enters its next phase of maturity. This will be done optionally depending on the customer's preference to opt in or opt-out of data collection.”

2024 197
article thumbnail

Our Guide to Average Gross Profit for Restaurants 

BNG Point of Sale

With reduced profit margins, it can be tough to stay afloat, let alone branch out into other ventures and live up to your end of the bargain when franchising. Take advantage of technology . But nowadays, you can take your act online. Average Gross Profit for Restaurants . It is not easy running a restaurant.

article thumbnail

Ghost Kitchen Franchise and Pandemic Resources

Modern Restaurant Management

In this edition of MRM News Bites, we feature sobering statistics from Yelp, a ghost kitchen franchise model, franchise explosions expected and falling for for an improved PSL. Ghost Kitchen Franchise Model. After signing a franchise agreement, owners are operational on the platform within 10 days. Yelp Sees COVID Effect.

Franchise 177
article thumbnail

Mastering Restaurant Metrics: Your Comprehensive Guide to Business Success 

Apicbase

To help you out, we’ve put together this comprehensive guide on restaurant metrics. Example Take Fabio Haebel , founder of the popular dark kitchen network Circus in Hamburg. This metric is also used to determine how long it will take before you can recover the investments you made into the business.