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Franchise Consulting Firm MBB Management Secures Deal to Open 7 Tony Luke’s Stores In NYC

Tony Luke's Franchising

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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How MBB Management Helped Grow Tony Luke’s From 4 to 24

tony lukes franchising

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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10 Most Common Mistakes When Franchising Your Business

Mistakes When Franchising

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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Top 5 Benefits to Franchising Your Business

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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Restaurant Consulting Tips for the DIY Restaurant Owner or Manager

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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6 Reasons Why Multi-Unit Franchises Are Smarter Than Single-Unit Franchises

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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Steps to Getting an SBA 7(a) Loan

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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Hotel Marketing Tips to Increase Bookings

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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Restaurant Staffing: 9 Tips for Hiring the Right Staff

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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5 Must-know Things to Consider Before Hiring a Franchise Consulting Company

Franchise consulting can be a big help whether you are franchising your business for the first time or if you are already franchising and are simply looking to recruit new franchisees.

Not every franchise consulting company offers the same services so make sure you research exactly what services a particular franchise consulting comany can provide. Common franchise consulting services include development of new franchise programs, assistance with legal documentation as well as the development of all operations and training documentation and strategic planning to grow your franchise business.

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