QSR’s continue to face a great many challenges in the business world. You’re continuously updating and improving menus to keep up with the current concerns and tastes of your customers and, struggling to offer great quality food for a low price. On top of it all, trying to boost profits while keeping costs low.
All the while, other QSR's are saturating the area around you and making it difficult to retain your share of the pie. So, how can you make your business stand out? How can you increase traffic to your restaurant and encourage customers to keep coming back?
The Selection Blog
Here's why it's so important to go beyond personality as defined by DISC and similar models.
I saw a comment that a colleauge in the franchise industry posted and thought it would be of interest to others. She said:
When someone asks what you're looking for in a franchisee or employee are you guilty of saying "I'll know it when I see it."? Do you know someone else that says this?
The next step in the evolution of predicting performance of franchisees and employees is to develop a prescreening (or prequalification) tool that has been designed to be used during the applicatio
Ah, it's that glorious time of summer vacations.
When we're harried and under pressure to sell a franchise to meet budget it's easy to fall into the trap of using the "
The economy for the past few years has certainly taken us all on a wild ride. First huge highs, then crashing lows, and now the possibility of a return to what passes for normalcy.
I ran across an interesting situation last week that could have been handled several ways.
It seems there were two individuals that had applied for a franchise. The franchisor's initial evaluation was positive. The candidates' background was positive. They had several years of experience successfully running a non-competing business.
I wonder what has happened to the concept of serving customers. These days, dealing with "service" employees can be an exercise in frustration.
Some of our clients have found ways around these issues though. One franchisor has a terrific reputation in their industry and they take full advantage of that. Their great reputation helps them attract a large number of candidates, even in an area that's been hit hard by the economic downturn.
Franchisors and Business Brokers
Siegel Capital feels it is appropriate for us to share with you how the sub-prime fiasco is affecting financing new franchises and business acquisitions.
I read an article in the latest QSRWeb magazine (you can read it here) that once again proves to me how little so ma
With the drop in value of the U.S. dollar compared to the Canadian dollar of over 50% in the past 3 years, retail franchises along the Canada/U.S. appear to be reaping the benefits.
Effective today, we're no longer going to be publishing the "Dynamic News" e-newsletter. Instead, I'll be using this blog to keep in touch.
This month's article is contributed by long time reader Bryon Stephens, V.P. Franchise Development for Big Boy Restaurants International Llc.
Franchisors keep telling me stories of people trying to sell profiles by doing a "benchmark" and thereby "customizing" the profile for the franchisor. Their method?
This month's article is provided by Rod Boyd of Hatch Consulting.
This month's article is provided by David McCulloch of The Franchise Coach.