Modern Restaurant Management

AUGUST 14, 2020

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.

Franchise 189

Franchise Franchising Kitchen Safety Food Safety 189

Modern Restaurant Management

FEBRUARY 26, 2024

Restaurants and franchises face numerous financial challenges that can hinder their success, however, by optimizing their payment processing strategy, these businesses can overcome some of the major obstacles faced by restaurants in their early start, helping them to achieve greater stability and ultimately profitability.

Audits 161

Audits Franchise Franchising Pricing 161

Modern Restaurant Management

OCTOBER 22, 2020

Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. The new formats come on the heels of a major multi-unit franchise development strategy announced last month that is set to grow the brand to 2,000 units. QDOBA's New Concept.

Franchise 154

Franchise Franchising Loyalty Program Kitchen Safety 154

Modern Restaurant Management

MARCH 12, 2024

To reduce menu confusion and minimize price sensitivity, Ori’Zaba’s Scratch Mexican Grill recently rolled-out a rengineered and easier-to-read menu. The Ori’Zaba team told Modern Restaurant Management (MRM) magazine they watched people walk in and have a physical reaction to the three pricing tiers. Double Your Meat!”

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Menu 2001 Franchise Franchising 179

The Restaurant Times

JULY 6, 2023

Famous Brands International with approximately 900 franchised restaurants in over 30 countries and as President of Office Evolution, a high-growth franchise brand in the shared workspace sector. If these guidelines are not in place, a business may struggle to franchise successfully.

Franchise 52

Franchise Franchising Fast Casual Casual 52

Modern Restaurant Management

DECEMBER 12, 2019

Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. Tropical Smoothie Cafe signed two multi-unit franchise agreements to develop 38 new cafes across the state of Colorado, including a 27-unit deal and an 11-unit deal. . "My

Franchise 110

Franchise Franchising Loyalty Program Book 110

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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Franchise Franchising Loyalty Program Online Ordering 52

Modern Restaurant Management

AUGUST 22, 2022

Consumers continue to be hit hard by inflation as we see prices skyrocket for a variety of goods. These high prices are certainly taking a toll on consumer spending, which will eventually change their restaurant dining habits. This was especially true in June, when inflation soared to 9.1%

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Franchise Franchising Consumer Goods Food Supply 197

Apicbase

APRIL 5, 2022

That’s where the franchise expansion model comes into play. If you’re considering this business model, make sure you fully understand what a franchise restaurant is. How To Franchise A Restaurant? Develop your franchise using a proven roadmap for franchisors. Develop your franchise using a proven roadmap for franchisors.

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Franchise Franchising Food License 52

Modern Restaurant Management

OCTOBER 19, 2023

It’s hard to escape the continuing boom in restaurant franchises. Quick-serve brands are leading the trend, and not just for restaurants, but for franchises overall. Even experienced operators know that navigating the compliance requirements laid out by each state’s franchise registration rules isn’t easy.

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Insurance Franchise Franchising Document 100

Perfect Daily Grind

APRIL 21, 2023

However, experts remain unsure of the effect this may have on annual contract prices, including for coffee. The Chinese coffee chain says it experienced rapid expansion in the first quarter of 2023, averaging 13 stores a day – boosted by its recently-implemented franchising programme.

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Pricing 2023 Café Workshop 129

Apicbase

MAY 18, 2022

You don’t have to be Starbucks or Mcdonald’s to win at franchising, but you have to get the basics right. We’ve studied small and midsize restaurant groups and found ten essential elements for running a successful restaurant franchise business. How To Franchise A Restaurant? Where will my franchises be located?

Franchise 52

Franchise Franchising Sustainability Document 52

Restaurant Engine

JULY 27, 2020

Gordon Haskett analyst Jeff Farmer estimates that on average, franchise locations of Panera and Noodles & Co. have already raised their food prices 12.6% higher on delivery apps versus in-store prices. Chick-fil-A’s delivery app prices are 29.8% higher than in-store; Starbucks’ delivery app prices are 20.3%

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Pricing Delivery Food Order Franchise 93

Apicbase

MAY 5, 2022

This article explains the ins and outs of starting a virtual restaurant brand and growing it into a robust franchise. Dark kitchens vs Host kitchens Virtual restaurant franchise: How to make it a success What will the future bring? Tweak dishes, reframe photos, and change names and prices until it works. 3 Optimise costs.

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Franchise Franchising Delivery Sustainability 52

Clover - Restaurants

APRIL 23, 2024

Franchise or independent restaurant? The first question you need to ask is whether you want to buy an independent restaurant or sign up to franchise a new location from an existing brand. If you’re unfamiliar with the franchise model, check out our guide: How to franchise a restaurant.

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Point of Sale Cash Management Franchise Franchising 52

Apicbase

JUNE 2, 2022

But… there’s another side to the restaurant profitability equation — menu pricing. What is menu pricing? Menu pricing is the process of assigning a sales price to your menu items. Unfortunately, in its strive for efficiency and leanness, the restaurant industry is still sleeping on data-driven menu pricing.

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Pricing Menu Operations Demo 52

Modern Restaurant Management

JANUARY 26, 2023

In other encouraging news, franchise operators believe that, although most restaurants are not fully staffed, the labor situation has stabilized. QSRs will compete with grocery stores who are doing a nice job balancing prices and offerings to make it convenient for shoppers. On the franchise side, what do you foresee in 2023?

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2023 Franchise Franchising Employee Relations 189

Perfect Daily Grind

OCTOBER 17, 2022

Another important point is the price sensitivity of different markets. For instance, consider Italy; most consumers in the country are unwilling to pay much above the market rate of 1 euro for an espresso , so much so that price increases are actually regulated. What about franchising?

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Marketing Franchise Franchising 2009 141

Apicbase

APRIL 20, 2022

Franchising is a time-tested business model that allows restaurant owners to scale their business fast and efficiently. In this post, we are NOT exploring the benefits of a restaurant franchise. We’ve included those at the bottom of the page to give you a complete picture of the risks of franchising your foodservice brand.

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Franchise Franchising Cash Management Kitchen Safety 52

Modern Restaurant Management

MARCH 21, 2023

Many brands have been experimenting with new technology to help reduce the demand for labor and combat recent price inflation. During the pandemic, menu prices frequently changed, and products were often out-of-stock due to supply chain shortages.

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Technology Consumer Goods Waste Supplies 189

7 Shifts

OCTOBER 21, 2021

Fast food chains or quick service restaurants prepare mass-produced take-out food and usually follow a franchise model. Cons: You have limited control because these concepts often follow a franchise model—not ideal if you want to create a unique concept. The initial franchising costs are higher than opening an independent restaurant.

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Fast Casual Food Truck Casual Customer Service 370

Modern Restaurant Management

MAY 8, 2023

I share the same feelings about non-restaurant franchises moving aggressively into the restaurant space. That doesn’t mean they are trading in their filet mignon for a fast-food burger, but rather they are looking for a more culinary-driven menu at a lower price point.

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Fast Casual Casual Operations Consumer Goods 165

EATER

NOVEMBER 2, 2020

The 85-year-old chain intends to sell its assets to Amici Partners Group, an investor group affiliated with Brix Holdings, the restaurant company behind Red Mango, Smoothie Factory, and other franchises. Restaurant Business reports that the selling price will fall just under $2 million.

Pricing 115

Pricing 2011 Franchise Franchising 115

Apicbase

FEBRUARY 29, 2024

Food costs increased in 2023: according to one survey, 60% of operators reported that all or most suppliers raised their prices , up from 50% in 2022. Most operators raised their menu prices in 2023, but fewer expect to do so in 2024. Although revenue went up (thanks to higher prices), profits went down due to high food costs and debt.

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2024 Operations 2023 Loyalty Program 52

Cheetah

SEPTEMBER 8, 2021

Restaurant owners had to rush to expensive local stores buying at prices they can’t sustain. Major franchises feel it too and they are going to war over every wing. This is exacerbated by the surge in demand as major franchises celebrate national chicken wing day and struggle to get every breast for their new sandwiches.

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Food Food Supply Franchise Franchising 148

Restaurant Business

APRIL 25, 2023

Restaurant Rewind: A fight over supply prices set what's still the low point in franchisor-franchisee relations. It could be a Harvard Business study of what a brand owner should never do.

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Franchise Franchising Supplies Pricing 93

Apicbase

FEBRUARY 8, 2024

This strategic orchestration extends to menu planning, pricing, inventory management, health and safety protocols, and the testing and implementation of new technology. That could mean dropping dishes, adding new items, or changing prices. Whatever it takes to make your menu more appealing and more profitable.

Definition 52

Definition Operations Management Management 52

Apicbase

OCTOBER 17, 2023

This wholesale & Logistics company ensures franchisees are well-stocked with quality supplies at the best price. Franchisee Support: An open line of communication and ongoing dialogue are the lifelines of the franchise partnership. Innovative Strategies: Dynamic Pricing: “Delivery is cheaper during off-peak hours.

Fast Casual 52

Fast Casual Franchise Franchising 2000 52

Apicbase

OCTOBER 17, 2023

This wholesale & Logistics company ensures franchisees are well-stocked with quality supplies at the best price. Franchisee Support: An open line of communication and ongoing dialogue are the lifelines of the franchise partnership. Innovative Strategies: Dynamic Pricing: “Delivery is cheaper during off-peak hours.

Fast Casual 52

Fast Casual Franchise Franchising 2000 52

Modern Restaurant Management

FEBRUARY 22, 2023

Increased staffing shortages are causing restaurant managers to reduce hours or increase menu prices to make up lost profits. What are some of your best tips for hiring the right people throughout a franchise operation? Businesses lose out on repeat customers due to limited service and the smaller revenues make hiring even harder.

Hiring 208

Hiring Recruiting Tip Distribution Small Business 208

Perfect Daily Grind

AUGUST 12, 2022

International Coffee Organisation’s Composite Indicator Price drops below US 200 cents in July 2022. Prices dropped by 5.7% However, Cecafé states export earnings increased by more than 40% on the same period in 2021 as a result of higher prices for coffee. on the previous month – fluctuating between US 181.71 Tue, 9 Aug.

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Recycling 2022 Franchise Franchising 143

Modern Restaurant Management

JUNE 30, 2023

Own Your Changes In March 2023, restaurants’ food prices were 8.8 When adding in the rising cost to attract and retain labor, it’s understandable that restaurants might raise prices to stay afloat. There’s also a feeling of being disregarded that comes with an unexplained price increase. percent this year.

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Operations Mobile Ordering Customer Experience Online Ordering 179

Apicbase

FEBRUARY 8, 2024

This strategic orchestration extends to menu planning, pricing, inventory management, health and safety protocols, and the testing and implementation of new technology. That could mean dropping dishes, adding new items, or changing prices. Whatever it takes to make your menu more appealing and more profitable.

Definition 52

Definition Operations Management Management 52

ChowNow

FEBRUARY 1, 2024

. “Fast-forward 30 years, and my wife and I have owned 35 Subway locations as well as 10 more franchise locations across seven other regional and national brands.” For Harris, running a franchise was simple: You have a playbook that you follow to reach success. ” “But something was missing,” says Harris.

Online Ordering 143

Online Ordering Food Mobile Ordering Email Marketing 143

Perfect Daily Grind

DECEMBER 9, 2022

Price of coffee dropped by 12.3% In its latest monthly report, the organisation says that while average prices for all group indicators decreased in November, the ICO Composite Indicator Price stabilised around US 160 cents/lb last month. The auction brought in more than US $303,504, with an average price of US $17.02/lb.

2022 156

2022 2023 Webinar Workshop 156

Rocket Fuel

APRIL 15, 2024

Delaget provides technology solutions and services that help QSRs operate more efficiently, serving the needs of franchise owners and brands and helping deliver a better experience to customers. All of this has rolled up to the franchise owners and operators, who have to implement these ways of doing business.

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2024 Franchise Franchising Point of Sale 52

Modern Restaurant Management

APRIL 6, 2021

Atop the list of concerns is the brick-and-mortar buildouts, and many operators and franchise concepts are realizing the un-needed burden and limited ROI with lots of square footage. For the quick-serve (QSR) and Fast Casual industry, a re-examining of all operational processes is taking place at a rapid, yet reactive rate.

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Fast Casual Casual Front of House Franchise 173