MBB Management, the Philadelphia-based franchising consulting partner and operations manager for Tony Luke’s, has just inked a deal to open seven new Tony Luke’s franchise locations throughout New York City, Long Island and Yonkers.

Philly icon and international brand Tony Luke’s is best known for its award-winning South Philly Style cheesesteaks. Tony Luke’s has 22 stores open across the country, and has been featured in GQ Magazine, Gourmet Magazine, The New York Times, and is a member of Philadelphia Magazine’s Hall of Fame.

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To franchise or not to franchise. This is a big question that restaurant owners face when they start to make a name for themselves in their original location.

Franchising is a great way to grow your brand and expand to new locations without having to do it all on your own, but unfortunately, not every successful restaurant makes a successful franchise.

MBB Management, a franchising consulting firm based in Philadelphia, works closely with a lot of fast casual restaurant businesses including Chaps Pit Beef, Tony Luke’s, and DoDo Edible Cookie Dough & Ice Cream to help them find franchising success.

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As a premier business consulting company, MBB Management has helped many businesses reach their potential whether that means growing their one business or becoming a franchisor. One example of such success is Tony Luke’s, an iconic Philly cheesesteak brand and franchise. When Tony Luke’s came to MBB Management, they had four locations. In just a short time, MBB Management helped Tony Luke’s grow from four to twenty-four franchise locations!

How did they do it?

John Moser, founder of MBB Management, explains the core steps they follow to scaling franchise businesses like Tony Luke’s to success.

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Franchising your business is a great way to expand your business and make more money, but not every business is meant to be franchised. Your business model must easily be replicable and your brand must be strong enough to bring in the customers for all your franchisees.

There are also a lot of other factors that go into franchising your business. Check out these 10 most common mistakes when franchising your business:

1. Giving too much leeway when it comes to site selection

One common mistake new franchisors make is giving their franchisees to much leeway when it comes to the site selection process.

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Congratulations! You’ve done it. All your blood, sweat and tears have paid off and you have a successful business. If you are ready to expand your business, you have probably considered franchising your business. But how do you know if that is the right move for you?

Like with any major business decision, you need to do your research and talk to some experts to really understand the benefits and drawbacks of franchising your business.

Here are the top 5 benefits of franchising your business:

1.

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The restaurant business can be tough. It takes a strong passion for what you do to help you stick out the long hours and emotional and physical fatigue. If you are doing it alone, it can seem like a long uphill battle.

Don’t worry though, help is on the way. Check out these restaurant consulting tips for the DIY restaurant owner or manager:

The customer is always right

In any customer-facing business, the adage “the customer is always right” is the mantra that every staff member has to live by.

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When you go into the franchise business, one of the big decisions you will have to make besides what type of franchise to join is whether to invest in single-unit franchises or multi-unit franchises. While multi-unit franchises require more money and more work upfront in the long run they can give you a better, faster return on your investment.

First, it is important to understand what multi-unit versus single-unit means. Multi-unit franchises are when a franchisee purchased the rights to develop and multiple units in a particular territory.

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Starting your own business is exciting, but it is also a lot of hard work and requires a lot of research to make sure you are successful. If you need a loan to help finance your new dream, then you have probably considering getting an SBA 7(a) Loan.

Getting approved for an SBA 7(a) loan from a bank has unfortunately gotten tougher over the years and many banks are wary to loan money to single business owners who do no bring in a lot of money. Here is what you need to know about the SBA loan application process to give yourself the best shot of getting a loan.

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When you run or own a hotel, you want it to be a popular destination for all vacationers and business travelers , known for its excellent customer service and top notch amenities. While your first thought might be to lower room rates to get more guests in the door, it is not a viable long term solution. It is not likely you will be able to book enough rooms to offset the lost revenue. There are other strategies that are better at creating demand and improving for brand awareness.

Here are 11 hotel marketing tips to increase bookings:

1.

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Owning and running a restaurant is a lot of hard work and you can’t be successful without the right team behind you. Hiring the right staff that has the skills and passion needed for this industry is crucial. Check out our guide: Restaurant Staffing: 9 Tips for Hiring the Right Staff:

1. Know Exactly Who You Are Looking for

While you might feel like you are a good judge of people and will have a natural instinct for choosing quality staff, it is always better to have a clear idea of exactly who you are looking for.

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