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Owning a Fast-Food Franchise: Things to Consider Before Buying

Not So Fast! Before you decide on fast-food, here are some things to consider. Investment: Owning a fast-food franchise requires a significant investment of money. Because there are so many opportunities available, the initial investment required might range anywhere from approximately $200,000 to over $2 million. The initial franchise fee as well as other startup…

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Burger Franchise: Why You Should Get Involved in the Burger Biz

What makes a Good Investment? Burger franchises have several advantages over other QSR (quick-service restaurant) and fast-casual restaurant franchises. First and foremost, burgers are an American staple and have a strong emotional connection with consumers. Burgers are one of the most ordered food products and can be easily customized to meet the ever-changing consumer preferences.…

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Marketing a Restaurant: A Guide for New Business Owners

Acknowledge Potential Struggles Before we dive into the strategies, it’s important to understand the challenges of marketing a restaurant. One of the most significant struggles is competition. With so many restaurants in the market, it can be challenging to stand out and attract customers. You’re competing against the other eateries in town which means getting…

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Cheeseburger Franchise: How to Choose the Best Burger Biz

Ask the Important Questions When courting different cheeseburger franchises, it is essential to ask both the franchisor and yourself some important questions including: Menu offerings: Look at the menu offerings of the franchise you’re considering. Are they in line with current food trends and what customers are looking for? Is the franchise known for serving…

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Operations Management in a Restaurant: How a Franchise Can Help

Up and Operating At its core, operations management in a restaurant involves the oversight of every aspect of the restaurant’s daily operations. This includes everything from food preparation to inventory management, to customer service, and beyond. In short, operations management is what keeps the restaurant running smoothly, and ensures that guests have a positive dining…

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Culver’s Franchise vs. Wayback Burgers: How They Compare

The Tale of Two Burger Franchises Both Culver’s and Wayback Burgers have established their own unique brand presence in the competitive fast-casual burger industry. The first Culver’s restaurant opened in 1984 in Wisconsin, and the brand has since grown to include over 800 franchise locations in the U.S. Culver’s is known for its straightforward approach…

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Food Cost Management: How to Reduce Expenses While Increasing Profits

The Cost of Doing Food Business Food cost management refers to the process of controlling the expenses associated with purchasing and storing ingredients and other food-related inventory. This also includes the preparation and serving of menu items. Understanding how to effectively manage these costs is essential to the success and longevity of any food service…

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Franchise Agreements: What Every New Franchisee Should Know

The Basics A franchise agreement is a clear legal document containing terms and provisions that are mutually agreed to by the franchisor and franchisee, binding them to meet certain obligations and expectations while under contract with each other. Ideally, franchise agreements lay out terms for everything from operational timelines to terms and conditions, to usage…

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