article thumbnail

Why Multi-Unit Operators Should Invest in Brands with Flexible Real Estate Options

Modern Restaurant Management

Despite the challenges that have been brought upon the restaurant landscape these past several years, the industry has thrived with innovation across all categories. As a result, the level of competition between foodservice brands looking to expand their footprints has naturally increased.

article thumbnail

Top Three Reasons Why Multi-Unit Operators Should be Looking at Fast Casual Brands to Expand their Portfolio in the Restaurant Industry

Modern Restaurant Management

Multi-unit restaurant owners in the have lots of reasons for wanting to diversify their brand portfolios. After experiencing significant headwinds of a pandemic followed by historic inflation, many multi-unit restaurant franchisees might be looking outside the industry for diversification.

Insiders

Sign Up for our Newsletter

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

article thumbnail

The Value of Restaurant Business Intelligence for Multi-Unit Operators

7 Shifts

Making decisions for your restaurant without business intelligence is like trying to run a sushi restaurant without fish — without it, you aren't going to stay open for very long. It's what separates the restaurants that survive from the restaurants that thrive.

article thumbnail

Survey Says: Restaurateurs Are Making Expansion Plans

Modern Restaurant Management

A lot of it is about using AI quietly in the background to make operations more efficient. And 41 percent of multi-unit operators are using optical character recognition (OCR) technology, which is used to speed up manual processes like taking inventory and submitting invoices.

article thumbnail

How Top Multi-Unit Restaurants are Using Tech to Grow

7 Shifts

Corporate leaders can focus on new locations and growth, while franchise operators and individual managers keep the business running smoothly on the ground. Beyond saving time, scheduling software helps multi-unit operators save money, too. Powerful forecasting tools to help hit labor targets.

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

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

Modern Restaurant Management

While state depreciation rules may differ, this correction could be a big benefit to multi-unit operators making property improvements, allowing those businesses with QIP expense in 2018 and 2019 to potentially file amended federal income tax returns.