How To Run A Successful Restaurant Franchise — 10 Essentials For Sustainable Growth
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. Managing a chain of company-owned restaurants is very different from working with franchisees. Your goal as […]
Virtual Restaurant Brands—How To Build A Delivery-Only Concept Into A Fast-Growing Sustainable Franchise
If one thing is certain, consumers want food delivered to their homes ready to eat. The European Online Food Delivery Market is projected to reach US$ 66.2 Billion by 2027 with a 10,7% year over year growth. Let those numbers sink in for a second. That’s massive. New avenues for revenue and growth are opening […]
Pitfalls Of Starting A Restaurant Franchise — Is Your F&B Concept Fit For Expansion? Are You Ready To Deal With Franchisees?
Franchising is a time-tested business model that allows restaurant owners to scale their business fast and efficiently. However, like every business model, it has a few drawbacks you should consider. In this post, we are NOT exploring the benefits of a restaurant franchise. Instead, we embrace the dark side and look at the pain points […]
What Is The Host Kitchen Model And How To Get In On It?
Instead of trying to conquer the food delivery space on their own, foodservice operators can also gain market share through established virtual restaurant brands. Over the past few years, the hospitality industry has been evolving at breakneck speed to meet consumers’ ever-increasing expectations of speed, choice, and convenience. The demand for convenience, of course, isn’t […]
11 Essential Restaurant KPIs for Multi-Unit Operators
You must understand your key restaurant performance indicators (KPIs) to manage costs, improve margins, and drive growth effectively. KPIs offer valuable insights into team performance, cash flow, and the overall success of your restaurant. Regularly monitoring these metrics lets you find opportunities to optimise performance, boost profitability, or prepare for potential investment. But with so […]
Multi-Site F&B Management: How To Keep The Back Of House On Track (And Secure Dish Margins)?
Managing food and beverage operations in a multi-site business is a monumental task. Keeping all the plates spinning while dealing with spreadsheet woes, multiple production plans, food cost worries and complex admin is a challenge to even the most seasoned managers in hospitality. Ask any caterer, restaurant owner or ghost kitchen operator, and they will […]