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Log In / Register | Jun 22, 2017

How to Boost Your Profits from a Restaurant Remodel

You've decided that the time is right to remodel a restaurant location. What are the steps to consider and take before, during and after to optimize the profitability of the newly spruced-up ambience?

Poughkeepsie Golden Corral Closes in Record Time

Golden Corral terminated its Poughkeepsie, New York franchisee less than two months after it opened for failing to live up to its franchise agreement.

Franchisees Food Feuding

When restaurant franchisees hire lawyers and a ‘communications specialist’ you can be sure that the undercurrents of discontent have surfaced. Franchisees believe that they are closer to the customer in many cases than employees working in the corporate office and often believe they have the pulse of the consumer—and that is a good thing.

McDonald's Begins Serving Fresh Beef in Place of Frozen in Limited Locations

In a bid to serve better tasting hamburgers, McDonald's has started to serve fresh beef instead of its usual frozen patties in over 400 restaurants located in parts of Oklahoma and Texas. This could go a long way to revitalizing its business, but if handled wrong, which could easily happen, the change could be an unprecedented disaster.

Franchisee Association Supports Buffalo Wild Wings Board over Activist

Inside a Buffalo Wild Wings restaurant during March Madness
Inside a Buffalo Wild Wings restaurant during basketball's March Madness

Is this a golden opportunity for the franchisee association to gain a seat on the board of directors of Buffalo Wild Wings?

Palo Alto Area Restaurateurs Struggle to Get Staff, Stay in Business

Palo Alto is in one of the most expensive real estate markets in the country, making it tough for restaurateurs, and a good many other businesses in the area, to pay enough for their workers to afford rent. Many workers are moving out of the area to places with more reasonably priced accommodations.

McDonald's Franchisee Created Filet-O-Fish

McDonald's franchisee Lou Groen created the Filet-O-Fish back in 1962 to boost sagging Friday sales in his predominantly Catholic neighborhood.

'McLandlord' Report Highlights Fat Rent McDonald’s Collects from Franchisees

A coalition of European and American trade unions released a report this week shining a bright light on how McDonald's Corporation's market power and real estate practices enable it to extract excessive rental payments from its franchisees. That, they say, could be leading to higher prices for consumers and lower wages for workers.

4 Metrics that Your Restaurant Should Track

Four metrics for your restaurant can help you run it at top profit-generating efficiency: 1) sales per labor hour, 2) average cover, 3) up-selling and 4) food costs. The most efficient, easiest way to keep on top of these is through the right cloud-based software that will work with your POS system and be accessible on your mobile devices.

More Surprises Found at DineEquity: Limitations of the Asset Light Model with No CEO or CFO Now and De Minimus Disclosure

Wednesday's earnings call at DineEquity (DIN) revealed yet more drama. DineEquity's CFO resigned, which ordinarily is surprise enough. But his resignation came on top of the announced departure of long time CEO Julia Stewart, which was announced just last week. The stock fell about 15% in one day.