It is in test kitchens like these where #franchise system changes are born. Not every one of them is a success or a stroke of genius. Legally, they don’t need to be. The important (legal) takeaway is that franchisors at least attempting to innovate is a positive feature compared to those who don’t. Much of what follows is an exercise in communications to get franchisees on board, excited, accepting of any increased cost, understanding of the business and marketing rationale, and with plenty of notice and consultation. Sure, every franchise agreement states that franchisees are required to implement all system changes. But nobody wants to use that as their only lever. Effective communication will be the difference maker in franchisee uptake and adoption.
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very easy to control the inventory compared to our other food businesses because usually food you have very short exploration date um and also because it doesn't have a large menu it's not like a restaurant where you have so many food products you just have six kind of ramen it's easier for the kitchen to manage as well https://hubs.la/Q02SV6k-0
Interview of Franchise owner in Paris
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very easy to control the inventory compared to our other food businesses because usually food you have very short exploration date um and also because it doesn't have a large menu it's not like a restaurant where you have so many food products you just have six kind of ramen it's easier for the kitchen to manage as well https://hubs.la/Q02SV7Z10
Interview of Franchise owner in Paris
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very easy to control the inventory compared to our other food businesses because usually food you have very short exploration date um and also because it doesn't have a large menu it's not like a restaurant where you have so many food products you just have six kind of ramen it's easier for the kitchen to manage as well https://hubs.la/Q02SV7xQ0
Interview of Franchise owner in Paris
blog.assentia-hd.com
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"With over 90% of McDonald’s locations run by franchisees, the big question is, How do franchisees feel about it," asks Mark Ryski, Author, CEO & Founder of HeadCount Corporation. "The food choices, quality, service levels as shown are all very interesting, even compelling. However, the cost of goods and delivery for this offering is dramatically higher than their traditional model. Getting consistent compliance at scale would be very difficult, if not impossible to achieve with a franchise model. If the intention is to operate multiple offerings to co-exist as they have with the experimental locations, then this is worth pursuing. However, for it to meaningful to McDonald’s shareholders, it needs to scale. With over 39,000 locations world-wide this will be a challenge." Check out more insights from one of the retail industry’s leading experts - https://buff.ly/3qRfPx2. More great comments on this topic by RetailWire's BrainTrust experts including: Neil Saunders, Alexandros Siskos, Rachelle King, Kai Clarke - (L.I.O.N.), Georganne Bender, Allison McCabe, Gene Detroyer, Richard George, • Shep Hyken, Jasmine Glasheen, Jeff Sward, Peter Charness, Mark Self, Dave Wendland, Gary Sankary, Kenneth Leung, John Karolefski, David Biernbaum, and Ashish Chaturvedi.
What If McDonald's Became More Upscale? - RetailWire
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Joanna Fantozzi at Nation's Restaurant News informs us that Florida-based breakfast and brunch chain beats $1 billion sales and also reported 5% same-store sales growth despite traffic declines for the fourth quarter ended Dec. 31st. "First Watch Restaurants Group continues to reach fiscal milestones for the growing breakfast and brunch chain. The Bradenton, Fla.-based company announced it had surpassed $1 billion in sales by the end of the fourth quarter ended Dec. 31, nearly doubling its sales total since 2019. First Watch also reported 5% same-store sales growth amid 1.3% in-store restaurant traffic declines related to an expected decline in off-premises sales. Traffic growth overall was up 7.5% for the year, despite the dip in traffic toward the end of the year. “Having grown to 524 restaurants, we recognize and embrace our leadership position in daytime dining,” CEO Chris Tomasso said during Tuesday’s fourth quarter earnings call. “We were an early pioneer and first mover in this now well-established segment. We'll continue to maximize our first-mover advantage, leverage our significant scale and lean on our 40-year operating history of focusing on superior execution and quality strategic growth to widen our competitive moat..." #entrepreneur #entrepreneurship #Restaurants #Franchise #Franchising #FranchiseChat Chainformation Franchise Pipeline Franchise Development Outsource RAAMP Ned Lyerly Joe Caruso Michael (Mike) Webster PhD Landrum Randolph https://lnkd.in/ghR_574s
First Watch surpasses $1 billion sales milestone
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Did you know that cooking equipment is a leading cause of commercial fires? Practice kitchen safety protocols to reduce the risk of fire in your restaurant or food service establishment. #BreakRoomSafety #FirePrevention #CommercialFireCleanup https://lnkd.in/dHaHkATA
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Helping Corporate Executives Realize Their Dreams thru Franchise Ownership | Leading Franchise Consultant, Best-Selling Author of The Franchisee Lifestyle. Follow on IG: @franchisecoach_adam
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6moYou ever write a notice letter because a franchisee current on royalties wasn't "implement all system changes in the ops manual"?