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As Wages Rise, Operators Seek Efficiency Anywhere

In 2020, 20 states will raise minimum wages. As they do, unemployment remains at historic lows and turnover at or near historic highs in the restaurant industry.
December 11, 2019, 4:17 pm

New ‘Franchise Book of Mentors’ Benefits VetFran

When picking up a new subject of study or profession, a book chock-full of advice from mentors is something few people would turn down. Franchising is an intimidating venture for any franchisor, regardless of the brand, and asking for help can be difficult when you don’t know whom to turn to.
December 9, 2019, 9:34 am

Fourth, HotSchedules Merge with End-to-End Restaurant Platform in Mind

Ask a restaurant general manager how the technology sea change is affecting them, and they’ll show you the incredible new tools at hand—as soon as they remember the password.
December 6, 2019, 3:32 pm

Google’s Phone Automation Tool, CallJoy, Gets Smarter

Google's AI phone operator just got a little smarter.
December 5, 2019, 12:39 pm

Another Broken Egg Gains Permanent Chief in Macaluso

The first permanent chief executive since the founder left is on the job at Another Broken Egg Café, and new CEO and President Paul Macaluso is touting one key feature of the breakfast and brunch concept.
December 4, 2019, 4:53 pm

Five Years for Card My Yard—But Don't Send Just a Card

Amy Arnold and Jessica Stanley met at Bible study in Austin, Texas, both with “little bitty kids, and we were trying not to join the 9 to 5 workforce,” says Arnold, co-founder of Card My Yard, which has just reached five years in business and topped 150 units in 32 states.
December 4, 2019, 4:18 pm

11 Years After Crash-Era Founding, PMI Thrives

Before he was president and CEO of Property Management Inc., Steve Hart lived in the niche of building high-end custom homes. Business was booming in the real estate and construction industry as realtors prospered. Then it all ended as the economy crashed in 2008. Luckily, Hart had a friend that wasn’t willing to let him throw in the towel.
December 4, 2019, 9:30 am

Stacks of Conditions Burden Some M&A Deals, Panelists Say

Franchisors are putting “a lot” more conditions on franchisees these days before they will approve buy-or-sell transactions, some of them burdensome, according to a panel on mergers and acquisitions at the Restaurant Finance & Development Conference on November 12.
November 26, 2019, 11:19 am

‘Volition’ Is Most Powerful Word, Says RFDC Keynote Rooney

“When you wake up early every morning, it is a gift, and the day that God has given us,” said Major Dan Rooney at a rousing keynote speech at the Restaurant Finance & Development Conference Nov. 13.
November 26, 2019, 10:48 am

Uno Pizzeria Pins Expansion on New Hub-and-Spoke Model

When Jim Ilaria joined Uno Pizzeria and Grill in November 2018 the management team was working on a 6,500-square-foot prototype restaurant with the intention of using it to bring the brand into new markets. “And I said that’s not going to work, not where the industry is going, it’s too big,” recalled Ilaria when I sat down with him last week at the Restaurant Finance & Development Conference.
November 22, 2019, 9:44 am

Vote for Your Favorite Franchises in 4th Annual Franchise Times Zor Awards

Show your enthusiasm for the best franchises in the industry with the Franchise Times Zor Awards, recognizing the best companies in 10 hot industry segments.
November 22, 2019, 9:35 am

Corlex Capital Believes ‘This is It’ Really Is

The year-old Corlex Capital is taking its second brand to the franchise market: This is It Southern Kitchen & BBQ, an Atlanta-based Southern home-style restaurant chain founded 35 years ago by the Anthony family and now with 11 restaurants in Georgia and two franchise deals signed.
November 21, 2019, 2:52 pm
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Conferences

RioFranchise Investment Conference
March 10-11, 2020
Renaissance Dallas at Plano Legacy West Hotel

Franchising's premier investment event brings together lenders, investors, franchisors and multi-unit franchisees. 

Wynn HotelRestaurant Finance & Development Conference
November 9-11, 2020
Wynn, Las Vegas
Find financing and make deals at the best networking event in the restaurant industry.

 

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