Category Archives: Restaurant Franchising

4 Ways a Concession Stand Can Help Your Franchise Grow

As a restaurant franchise owner, you want to explore every opportunity for your business to grow, right? That’s a no-brainer, but finding the best ways to encourage growth can be challenging. If you feel like you have perfected the menu and the level of service at your current location, think about expanding your reach with a concession stand.

As a restaurant franchise owner, you want to explore every opportunity for your business to grow, right? That’s a no-brainer, but finding the best ways to encourage growth can be challenging. If you feel like you have perfected…

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“Zac’s Burger Bus” – The Ultimate Mobile Business

Philadelphia, June 12, 2017. – In a bold move to be the pioneer of a new concept for the food truck industry, Zac’s Hamburgers has created the “Zac’s Burger Bus”, which offers mobile food truck licensing opportunities that offer a heaping of benefits. The new food truck trend has created a frenzy. This trend has been growing in strength over the past five years and is one of the best performing segments in the broader food-service sector.  Furthermore, the Zac’s Burger Bus provides affordability for many individuals to take advantage of this growing trend and become a…

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Understanding Franchisor Fees

There are amazing benefits when contemplating an investment of a franchise business, but those benefits do not come without their costs. From up-front initial fees to payments that are tied to specific timetables or events, most franchisors have several different fees that they request to support the resources used by the corporate company on behalf of the franchisee.

It’s paramount to remember that this is by no means an exhaustive list of any charges the franchisor may levy on the franchisee. Any franchise agreement must be stringently reviewed to highlight any fees that will…

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The How To Guide on Franchising for Beginners

The How To Guide on Franchising for Beginners

The great thing about franchising is that you don’t need to have a lot of experience to pursue your dream. Whether you have a particular franchise you would love to join or you just think it is a smart way to start your own business, buying into a franchise has a lot of perks that you wouldn’t get if you started your own business from scratch. Franchising is especially good for those new to owning a business because there is a support structure and training built into the program.

If you are considering becoming…

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Most Important Franchisee Questions to Ask

Most Important Franchisees Questions to Ask

Deciding to buy into a franchise is a big decision. One you should never take lightly. Besides the initial internet searches to get some basic information you should set up interviews with franchisors and franchisees to get a fuller of picture of what to expect and what each potential relationship could offer you. You should also have a long deep conversation with yourself about what you really want and what you can realistically handle.

After talking to a franchisor, make sure to ask for contact information for some of their franchisees. They will be able…

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Top Three Things To Know About a Franchise Disclosure Document (FDD)

Top X Things To Know About a Financial Disclosure Document (FDD)

Navigating the franchise business can be tricky if you have not done your homework and made sure you have a team of experts helping you out. One of the most important documents you will receive as a potential franchisee is a financial disclosure document also known as the FDD. The FDD is a legal document that lays out all the information about the franchisor and the franchise system.

About two weeks before you sign the franchise agreement, you will be given the FDD from the franchisor as mandated by the Federal…

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Top Questions to Ask a Franchisor

Most Popular Francise Questions

You have always wanted to be a business owner and your own boss so you looked into becoming a franchisee. You have done all your homework and saved the money you will need, but now you have to pick a franchisor. This can be a challenging decision. You want to choose a franchisor that has a brand you believe in and who will also offer you the support you will need to be successful with your unit. It is important that you meet with a few franchisors first before rushing into any decision.

Here is a list of top…

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Tony Luke Jr.’s Back in His Best Roll Ever!

Tony Luke Jr. Is bringing his world famous Philly cheesesteaks and old Philly style sandwiches back to Gloucester County.

That’s right, you heard it correctly. Tony’s back in his best “Roll” ever but we’re talking sandwich rolls not movie.  Tony Luke’s will celebrate the Grand reopening of its Sicklerville store located at 663 Berlin Cross-Keys Road, Sicklerville, NJ at 12 p.m on National Cheesesteak Day, March 24th. Philadelphia’s own legend Tony Luke Jr. will be there, not only to host the Grand Reopening, but he will also own and operate this Tony Luke’s Store.

Tony Luke’s Sicklerville will be serving the traditional menu…

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How to Franchise a Bakery

Bakery

Fresh percolating coffee, the scent of warm bread baking in the oven. Who doesn’t love stopping in a bakery for some warm treats? As a bakery owner, you know what a smart business it is to focus on baked goodies like bread, cakes, croissants, pastries and pies, but did you know that you can grow your bakery even more by becoming a franchisor?

The baking industry is popping with an estimated annual revenue of $3 billion and other bakery companies have found success as franchisors like Great Harvest Bread, Gigi’s Cupcakes or Corner Bakery. Why not get in…

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How Do Franchisors Make Money?

how-franchishors-make-money

Becoming a franchisor is a big decision and one you should not make likely. If you are a business owner who has had great success and are now looking to expand, franchising your business can give you tremendous growth if you do it the right. As a franchisor you are investing a good amount of money so you need to make sure that you have a solid business plan that will bring you financial success.

Here is how franchisors make money.

Franchise fee

The franchise fee is a flat fee that the new franchisee pays up front when you sign the franchise…

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