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November 2018

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Covers everything from good news to bad judgment
Automation Top of Mind at RFDC

Automation Top of Mind at RFDC

According to McKinsey, some 800 million full-time equivalent jobs will be taken over by automation by 2030. And for some restaurant executives, it’s starting to make a lot more sense.

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Economist Art Laffer Makes a Case for Optimism

Economist Art Laffer Makes a Case for Optimism

Famed national economist and presidential confidant Art Laffer made his fifth appearance before the RFDC panel dating back to 1995 in Chicago with a message that the best economic growth in recent memory may be in hand.

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Crossing Border to Canada, Restaurant Brands Share Insights

Crossing Border to Canada, Restaurant Brands Share Insights

“International light” is how some restaurant brands view Canada when they think about expanding outside the United States, and while the market is certainly attractive and shares many similarities with its southern neighbor, that doesn’t mean franchisors can simply drop their concept in without considering all aspects of the business.

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To Win Big, Don’t Grind, Transform

To Win Big, Don’t Grind, Transform

Companies large and small are innovating fast, but it might be the small, scrappy players that really find the next major shift.

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Diving Into Delivery P&Ls

Diving Into Delivery P&Ls

At the second day of the Restaurant Finance & Development Conference in Las Vegas, Neil Culbertson, founder and principal of Growth Partners LLC, led a panel entitled “Delivery Economics: How Do Operators Make Money?”

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‘Better-for-you’ Beverages in Demand, Says RFDC Speaker

‘Better-for-you’ Beverages in Demand, Says RFDC Speaker

“The cola wars, they are alive and well—it’s a thing of beauty,” said George Hiller, of Hiller & Associates, sharing his beverage forecast with an audience of restaurant operators constantly looking to maximize drink sales.

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‘Get a Grip’ and Travel, Rick Steves Urges RFDC Crowd

‘Get a Grip’ and Travel, Rick Steves Urges RFDC Crowd

People used to say “bon voyage” when wishing you a good trip, says travel writer and teacher Rick Steves. But now they say “have a safe trip” or are too afraid to travel in the first place, and it drives him crazy. “Get a grip, America,” he told the luncheon crowd at the Restaurant Finance & Development Conference today.

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Author Tells How to Exit Your Company Without Regrets

Author Tells How to Exit Your Company Without Regrets

Inc. magazine’s Bo Burlingham interviewed between 100 and 150 business owners when researching his book about company exits, and what he found was surprising, he told the audience at the Restaurant Finance & Development Conference today.

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‘Courageous Behavior’ Crucial for Restaurant Leaders, RFDC Panelist Says

‘Courageous Behavior’ Crucial for Restaurant Leaders, RFDC Panelist Says

Anyone who’s bearish on the restaurant business might take heart from consultant Alice Elliot, founder of The Elliot Group and an optimistic speaker at the Restaurant Finance & Development Conference yesterday.

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Panera’s Founder Shares Tale of Vulnerability at RFDC

Panera’s Founder Shares Tale of Vulnerability at RFDC

The founder of Panera, Ron Shaich, railed against what he called short-termism in opening remarks at the Restaurant Finance & Development Conference yesterday.

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J.P. Morgan Expands Coverage of Franchise and Restaurant Clients, Launches Dedicated Industry Group

J.P. Morgan Expands Coverage of Franchise and Restaurant Clients, Launches Dedicated Industry Group

J.P. Morgan’s Commercial Bank announced the launch of the Franchise and Restaurant Group within its Middle Market Banking & Specialized Industries business and has appointed Michael Pura to lead the effort.

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U.K., China Named Most Attractive Markets for International Growth

U.K., China Named Most Attractive Markets for International Growth

There are a lot of brands pondering global growth, and scholars say the U.K. and China are especially attractive depending on the goals.

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Tough Mudder Splits Off Bootcamp Business

Tough Mudder Splits Off Bootcamp Business

Will Dean, founder of CEO of Tough Mudder Inc., announced that the company is in the process of securing a capital investment that will include spinning off the upstart fitness business, Tough Mudder Bootcamp, into a separate enterprise from the well known, action-packed endurance events held across the globe.

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‘Cute Doesn’t Cut It’ When Telling Your Brand’s Story

‘Cute Doesn’t Cut It’ When Telling Your Brand’s Story

It’s important to tell your brand’s story online, which is where essentially all potential franchisees begin their search, points out Joseph Mathews, CEO of Franchise Performance Group, during the IFA's Emerging Franchisor Conference. And serious candidates want serious information.

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Franchisors Are Like Good Parents, Ben & Jerry’s Exec Says

Franchisors Are Like Good Parents, Ben & Jerry’s Exec Says

At the Emerging Franchisor Conference in Miami, young and established brands alike share their experience and advice, including being clear about the "never evers."

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Xponential Adds Pure Barre to Fitness Brand Portfolio

Xponential Adds Pure Barre to Fitness Brand Portfolio

With more than 500 studios in the United States and Canada, Pure Barre is the seventh brand to join Xponential Fitness, the parent company founded in 2017 by Anthony Geisler and backed by Snapdragon Capital to grow specialty fitness brands.

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COO Part of Prize in Painting with a Twist Purchase

COO Part of Prize in Painting with a Twist Purchase

Painting with a Twist gained 20 units in nine states when the New Orleans-based brand acquired Bottle & Bottega, but that wasn’t the biggest prize from the transaction. That would be Nancy Bigley, co-founder and CEO of Bottle & Bottega, who will now be COO of the much bigger brand.

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Covers everything from good news to bad judgment

About This Blog

The latest news, opinions and commentary on what's happening in the franchise arena that could affect your business.

Tom KaiserTom Kaiser is senior editor of Franchise Times. He can be reached at 612.767.3209, or send story ideas to tkaiser@franchisetimes.com.
 
Beth EwenBeth Ewen is editor-in-chief of Franchise Times. She can be reached at 612.767.3212, or send story ideas to bewen@franchisetimes.com.
 
Nicholas UptonNicholas Upton is restaurants editor at Franchise Times. He can be reached at 612.767.3226, or send story ideas to nupton@franchisetimes.com.
 
Laura MichaelsLaura Michaels is managing editor of Franchise Times. She can be reached at 612.767.3210, or send story ideas to lmichaels@franchisetimes.com.
 
Mary Jo LarsonMary Jo Larson is the publisher of Franchise Times Magazine and the Restaurant Finance Monitor.  You can find her on Twitter at
 twitter.com/mlarson1011.
 

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