Wayback Burgers’ Innovation and Adaptability Keeps Franchisees Strong During COVID-19 Crisis

Innovation and adaptability are two of the most important aspects of survival and growth in business. Franchisors, with teams dedicated to these very critical aspects, have been able to provide reliability and stability for franchisees during the COVID-19 crisis. For many brands and their network of franchisees, franchisor support has been a key factor in [...] Continue reading Wayback Burgers’ Innovation and Adaptability Keeps Franchisees Strong During COVID-19 Crisis

Five Guys Franchise: Fees and Costs vs. Competition

Burger Franchises and the Fast-Casual Sector The decision to start a business is not one that is made lightly. While owning a business provides entrepreneurs an excellent opportunity for personal, brand, and financial growth, there are many factors to consider before deciding which avenue works best for you. Particularly in the ever-changing landscape of 2020, [...] Continue reading Five Guys Franchise: Fees and Costs vs. Competition

Whataburger Franchise Cost vs. Competition

Fast-casual restaurants fall between “fast food” and a full-service experience. The hallmarks of fast-casual dining typically include food of a higher quality than fast food places offer, as well as a better grade of dine-in experience. Fast-casual concepts are leading growth in the restaurant industry, per a 2018 study by foodservice research firm Technomic. Additionally, [...] Continue reading Whataburger Franchise Cost vs. Competition

Environmentally Friendly Restaurant: 10 Ways to Go Green

Going green benefits not only the environment but also the bottom line of restaurant businesses, since usually, it means improving efficiency. Restaurants can see savings in energy, water, and food costs among other savings while doing their part for the environment. Many consumers even consider a company’s environmental impact when making purchase decisions. Running a [...] Continue reading Environmentally Friendly Restaurant: 10 Ways to Go Green

Steps to Opening a Restaurant: Your Complete To-Do List

Having a great idea or concept for a menu or a restaurant is only the very first piece of the restaurant success puzzle. It is merely the beginning of the journey. Planning is essential for any serious undertaking, and the best plans are broken down into steps to opening a restaurant. Consider this to-do list [...] Continue reading Steps to Opening a Restaurant: Your Complete To-Do List

Restaurant Site Selection Criteria: What You Should Look For

The No. 1 reason restaurants fail or perform poorly is a bad location, according to Dale Willerton and Jeff Grandfield, co-authors of Negotiating Commercial Leases & Renewals for Dummies. For franchise operators, franchisors often assist with market analysis and strategic site selection. For independents, some advice is helpful because new challenges await. As Restaurant Development [...] Continue reading Restaurant Site Selection Criteria: What You Should Look For

Franchise Business Plan Template: Get Your Plan in Shape

As you look to obtain financing for a prospective franchise purchase, one crucial component a lender will require is a business plan. In your plan, you will set forth your projections and expectations for the franchise business and outline potential challenges and how you’ll meet them. As the U.S. Small Business Administration notes, creating a [...] Continue reading Franchise Business Plan Template: Get Your Plan in Shape

How Wayback Burgers Has Executed a Strong Operational Pivot in Response to COVID-19

COVID-19 has changed, for now, the fast food and fast-casual industry and, moreover, the entire guest experience. Leaders in the fast-casual segment have jumped into action to ensure that their franchisees are able to maximize sales to guests and customers who still want to enjoy their favorite restaurant meals. As if technology and artificial intelligence [...] Continue reading How Wayback Burgers Has Executed a Strong Operational Pivot in Response to COVID-19

Finding the Right QSR Franchise Opportunity for You

If you’re reading this, it’s likely that you’ve already narrowed the massive field of franchise options to the specific QSR (quick-service restaurant) segment, which, even by itself, includes an overwhelming number of brands. If you have dug even deeper into the QSR world, you might know that fast-casual concepts are leading growth in the industry. [...] Continue reading Finding the Right QSR Franchise Opportunity for You

First Time Franchise Owners: 7 Tips to Succeed in a Franchise

Becoming a first-time franchise owner is in an incredibly exciting time. It also can be very daunting — but that’s part of what fuels the excitement, so embrace it. By being prepared and confident, an entrepreneur new to the world of franchising can take their latest venture by the horns.Here are a few tips to [...] Continue reading First Time Franchise Owners: 7 Tips to Succeed in a Franchise

Franchise Partnerships: Building a Partnership that Works

Much as is the case in launching any other type of small business, one person acting alone may not possess a dynamic enough skillset — or may simply not have the time to devote to the daily operation of the business—to drive the success of a franchise. For myriad reasons, entrepreneurs who invest in opening [...] Continue reading Franchise Partnerships: Building a Partnership that Works

9 Small Restaurant Business Ideas

Small restaurants give operators the opportunity to trim away excess and overhead while focusing on serving a great product. Chefs can flex their culinary creativity with fewer distractions and more freedom. But the motivation doesn’t just come from the operator side; small restaurant business concepts answer consumer demand. How customers interact with restaurants has progressed. [...] Continue reading 9 Small Restaurant Business Ideas

Opening a Restaurant Checklist: The Essential Steps

For many, the difference between the dream of opening your own business and making it a reality is small — but significant. The very nature of taking on a challenge outside of your comfort level, while nerve-wracking, is exciting, but having a map to help guide you is a must. An opening-a-restaurant checklist can help [...] Continue reading Opening a Restaurant Checklist: The Essential Steps

Fast-Casual vs. Fast-Food: The Real Differences

Long ago, fast-food was on the far end of the spectrum from fine dining, and it still is. There is a vast difference between, say, Ruth’s Chris Steak House and McDonald’s. But in more recent years, a new trend among restaurant chains has emerged to answer consumer demand for something in the middle. Think of [...] Continue reading Fast-Casual vs. Fast-Food: The Real Differences

Fast-Food Business Plan: Essential Ingredients for Success

Though what’s on the plate in a fast food or fast-casual business may not seem like it requires rocket science to execute, a multitude of considerations go into getting it in front of the customer — and even more go into making sure the restaurant not only survives but thrives. A smart fast food business [...] Continue reading Fast-Food Business Plan: Essential Ingredients for Success

How to Greet Customers in a Restaurant: 5 Essential Tips

When formulating a plan for success in opening a new fast-casual restaurant, priorities tend to lean toward recipes, kitchen, processes, ordering strategies, branding, social media promotion, and more. Creating a script, strategy and training component for how to greet customers when they enter your restaurant often ends up somewhere at the bottom of the list [...] Continue reading How to Greet Customers in a Restaurant: 5 Essential Tips

How to Handle Restaurant Customer Complaints

Regardless of how unique a restaurant’s value proposition is, how great its menu may be, and how standardized its execution is, everyone makes mistakes. In some cases, a restaurant (or its employees) might not even make a mistake, and yet a customer with an ax to grind, for whatever reason, may decide to take out [...] Continue reading How to Handle Restaurant Customer Complaints

How to Start a Burger Business That Stands Apart

Business is booming between the buns. Eighty-five percent of customers love or like burgers, according to foodservice industry research firm Datassential, QSR Magazine reports. And, get this: this recent research also found that burgers outrank 99 percent of the thousands of other foods in the firm’s FLAVOR database. It is no wonder, then, that over [...] Continue reading How to Start a Burger Business That Stands Apart

Franchise Application: The Process to Become a Franchisee

You’ve spent an unbelievable number of hours researching your options, and now you’re ready to become a franchisee of an established, growing restaurant brand. So, how do you do it? What Is the Process for Becoming a Franchisee? The first step is what you’re doing right this minute, as you read this article: research. Your [...] Continue reading Franchise Application: The Process to Become a Franchisee

National French Fry Day: Where to Get Your Fries

Some say there is a holiday now for just about everything. And that fact is a boon for restaurant brands, providing a myriad of opportunities to create special limited time offers and promotions to help franchise owners boost sales dramatically. This week, it’s time for America’s favorite culinary sidekick to slide out of the shadows [...] Continue reading National French Fry Day: Where to Get Your Fries

Fast Food Franchise Costs Compared

Whether an entrepreneur has amassed a substantial war chest of capital or has a smaller budget, the franchise world is their oyster, with a plethora of concepts to choose from. Understanding the initial investment level and financial requirements of different franchise brands is a great starting point and a way to narrow the vast choices [...] Continue reading Fast Food Franchise Costs Compared

Cheap Burger Franchises and How Much They Cost

Budding entrepreneurs start their paths by looking for unique opportunities. Perhaps they scour the internet with a keen eye, discerning various sources of information on startup costs. Or they may pick the brains of friends, associates, and thought leaders for insight and ideas on what type of business they could open that would meet a [...] Continue reading Cheap Burger Franchises and How Much They Cost

Fast-Casual Franchise: Quick, High-Quality, Comfortable Food

Fast-casual dining thrives in the sweet spot of the restaurant landscape, blending the best aspects of quick-serve restaurants (QSR or “fast food”) and casual dining (think full-service concepts such as Chili’s or P. F. Chang’s). This segment marries the ease and convenience of fast food with a more enticing atmosphere for dining in and better, [...] Continue reading Fast-Casual Franchise: Quick, High-Quality, Comfortable Food

Millennial Entrepreneurs See a Great Fit in Fast-Casual Franchises

Fast-casual franchises are an attractive fit for millennial entrepreneurs for a simple reason: these dining concepts reflect what millennials as consumers themselves want, so, as operators, they get that. Millennials favor convenience and quality — the hallmarks of fast-casual dining — so offering that to like-minded consumers comes naturally. Inc.com reported that millennial spending power [...] Continue reading Millennial Entrepreneurs See a Great Fit in Fast-Casual Franchises

Most Profitable Franchises: Five Franchises with a Great Bottom Line

Every business owner wants to maximize profit, and it is natural for anyone contemplating opening a franchise concept to seek out a brand with a lower cost of entry and high revenues. A number of chain brands have proven that this paradigm is attainable, making success a more efficient proposition for franchisees. Here are a [...] Continue reading Most Profitable Franchises: Five Franchises with a Great Bottom Line

Franchise vs. Independent Business: Which is Right for You?

Let’s start by talking about entrepreneurs. There are those that see themselves as entrepreneurial; the often self-proclaimed entrepreneurs who take risks and either find success or find failure. And others who possess all the characteristics of an entrepreneur but have not quite taken the leap into entrepreneurship. Many may not even realize they are true [...] Continue reading Franchise vs. Independent Business: Which is Right for You?

Franchise Restaurant Costs: What You Can Expect to Pay

In January, Entrepreneur released its 2019 Top 500 Franchise Ranking. At the top of the list, with over 37,000 locations worldwide, is arguably the most famous burger franchise in history: McDonald’s. But not everyone who has the desire to purchase or start their own McDonald’s franchise will have the financial ability or opportunity to own [...] Continue reading Franchise Restaurant Costs: What You Can Expect to Pay

Restaurant Labor Costs: What Percent Should Labor Costs Be?

Whether you are an entrepreneur pondering your first, fifth or fifteenth small business venture, many of the considerations remain the same. Naturally, you will first need to decide what kind of business to open. Are you interested in a retail or a service-based business? Do you see yourself in a childcare setting or does running [...] Continue reading Restaurant Labor Costs: What Percent Should Labor Costs Be?

Finding the Best Franchise Location: 5 Can’t Miss Tips

We have all heard the well-known adage that the three things that matter most when it comes to property are location, location, location. This rings particularly true for anyone thinking about starting a business. You may not have decided what kind of business to pursue, but whether you are leaning toward opening a small independent [...] Continue reading Finding the Best Franchise Location: 5 Can’t Miss Tips