article thumbnail

Surviving Disruption: How New COVID-19 Legislation Can Assist the Restaurant Industry

Modern Restaurant Management

The Coronavirus Aid, Relief, and Economic Security (CARES) Act allows employers to defer their share of 2020 Social Security payroll taxes. For C corporations, any net operating losses (NOLs) incurred from 2018, 2019, and 2020 can be carried back five years to generate tax refunds. Employee Retention Credit.

article thumbnail

How Top Multi-Unit Restaurants are Using Tech to Grow

7 Shifts

Each location reduced labor cost from an average of 32% in Jan 2020 to 23% as of April 2021, due in part to more efficient schedules. Corporate leaders can focus on new locations and growth, while franchise operators and individual managers keep the business running smoothly on the ground. I have a hundred employees. says Megges.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

MRM Franchise Feed: Virtual BBQ and Pieology in China

Modern Restaurant Management

Six units throughout Irvine, Orange and Tustin. Two units in Los Angeles. “Since launching the franchise initiative in October 2019, we have been energized by the interest and excitement from experienced multi-unit operators who want to get involved with the brand,” said Bill Phelps, CEO of Dave’s Hot Chicken.

article thumbnail

MRM Franchise Feed: Frictionless QDOBA and Crisp & Greens Goes National

Modern Restaurant Management

“Our new formats are incredibly attractive to today’s multi-unit operators, who are looking for chef-driven food quality at a lower investment than a traditional QSR. Since launching with Olo Rails in March 2020, Salata has earned $1.4 designed with high-rent urban areas in mind. million in marketplace sales.

article thumbnail

MRM Franchise Feed: Church’s Goes Hybrid and Curry Up Incentives Now

Modern Restaurant Management

Curry Up Now offering a limited-time franchise development incentivethat allows experienced, multi-unit operators to sign a deal for a minimum of three Curry Up Now franchise restaurants rather than the typical five unit commitment. doubled the number of ghost kitchens worldwide since June 2020.

Marketing 203
article thumbnail

Successful Restaurants Leverage Their Digital Ordering Channels

Modern Restaurant Management

Consistency is essential for optimal user experiences, especially if you are a multi-unit operator. As the operator, you should be in the driver’s seat of your online ordering experience to make updates anytime and anywhere. As soon as a promotion is over, you can remove it from your site without skipping a beat.

article thumbnail

MRM Franchise Feed: Krystal Refranchising and Pieology in China

Modern Restaurant Management

The Krystal Company plans to refranchise approximately 100-150 company-owned restaurants to well-capitalized multi-unit operators as part of its ongoing business and fleet revitalization. The first location is expected to open mid-year 2020. Send news to Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com.