Modern Restaurant Management
NOVEMBER 24, 2021
MRM's Franchise Feed provides the latest news in restaurant and MUFSO franchising. “Our mission is to be the premier franchise operator in each of our six brands, and our tremendous AAG team, led by my colleague and long-time partner Dan Krebsbach, absolutely embodies the operational excellence we aspire to.
Apicbase
OCTOBER 14, 2022
It’s a giant leap from running a handful of locations in-house to franchising your restaurant. This article lists ten crucial restaurant franchise metrics. Owning a franchise means collaborating with multiple independent business owners. 10 Key Metrics Restaurant Franchises Should Focus On And How To Improve Them.
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Perfect Daily Grind
DECEMBER 9, 2022
Bellwether Coffee partners with Fairtrade International to implement Living Income Reference Price in Guatemala. Last year, the food and coffee-to-go chain announced it would use franchise partnerships to double the size of the company over the next five years. Luckin Coffee plans for rapid franchise expansion in China.
BNG Point of Sale
AUGUST 27, 2021
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. Cost of Goods: The total cost of the inventory utilized to produce food and beverage items during a certain period is referred to as the cost of goods sold (CoGS) in this context.
BNG Point of Sale
JULY 16, 2021
For example: merchandising at your location or online sales of food items; consumer packaged goods such as dinnerware, cookbooks, aprons; phone orders where you take credit card information on-site to charge later when the delivery arrives. What Is Restaurant Revenue?
Apicbase
MARCH 28, 2024
The restaurant profit margin takes into account all your revenue streams, from in-house dining and takeaway orders to branded merchandise and meal kits. For reference, our dashboards show that Apicbase users have an average gross profit of 73,3% , which is well above the industry averages.
Apicbase
JUNE 16, 2023
Waste and Spoilage Waste and spoilage refer to the loss of food, ingredients, and other materials due to spoilage, overproduction, or other reasons. Together with gross profit, net profit margin is also an important franchise restaurant performance metric. Food waste is a pressing issue in the restaurant sector.
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