A juicy, succulent burger that guests crave isn’t enough to make a fast-casual burger business thrive. It all begins, not just with the concept and the dream, but with the fast-casual restaurant business plan. This document will be your high-level roadmap for how you plan to succeed—not just to guide your business, but to demonstrate…
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…
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,…
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,…
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…
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…
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…
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…
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…
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.…