Published November 7, 2017
It’s critical for the owner of a franchise restaurant to consider the transition when they decide to step back from hands on running of the business. Without planning for succession, success can be elusive when the owner exits day to day operations. Looking for the right person to hand control over to is extremely important, as is knowing when the right time to step back is. And owner and successor should work out a detailed plan for how they will handle the transition.
- When it comes time to step back from your franchise business, picking a good successor is critical.
- Clear communication between the franchise and the larger franchising organization is important for a good transition.
- It is never too early to begin looking at who and how someone new will assume control of your business.
“ensuring the longevity and legacy of your business through succession planning is important, and it isn’t as daunting as some may think.”
Read more: https://www.qsrmagazine.com/outside-insights/why-its-time-put-franchise-succession-menu
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Published November 7, 2017
Since 1997 Starbucks has been putting out their red holiday cups with a new design each year, something customers look forward to. Starbucks starts putting out their holiday cups eveey November 1. This year’s cup is designed for customers to make their own designs. In this way they can really make their cup their own. Starbucks even held a contest for customers who designed their own cups to encourage creativity. Las year Starbucks even used the design of some customers.
Read more: The Message Behind This Year’s Starbucks Holiday Cup
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Published November 7, 2017
November is renamed Movember to draw attention to men’s health issues and Burger King, the iconic man in crown, is going to start from scratch with his own mustache for the occasion. In November, men are encouraged to join in growing mustaches to participate in raising awareness for health problems specific to men like prostate health. Burger King is shaving his mustache to join the cause. He can even be followed on social media where participants can watch as he grows in his own.
Read more: Burger King is Shaving Its Mustache for Movember
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Published November 7, 2017
Software that helps restaurants manage waiting patrons, and manage table and reservation assignments can not only provide valuable metrics on their customers, but also make the restaurant more efficient. This creates a better experience for diners, and eases the work load on employees striving to seat and serve them in a timely fashion. Management further benefits when they can keep an eye on the ebb and flow of the restaurant’s operations with near real-time updates on what’s happening.
- Waitbusters’ Digital Diner is software that assist with managing customer seating and table management.
- Restaurant managers can use the data collected electronically by Digital Diner to better oversee the business.
- Guest actions can be investigated and acted upon with the data Digital Diner provides.
“Big data delivered in real-time can provide the insight necessary for managers to be dynamic in their approach to managing their restaurants.”
Read more: http://www.restaurantnews.com/waitbusters-digital-diner-gives-restaurants-the-data-they-need-on-demand/
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Why It’s Time to Put Franchise Succession on the Menu
It’s critical for the owner of a franchise restaurant to consider the transition when they decide to step back from hands on running of the business. Without planning for succession, success can be elusive when the owner exits day to day operations. Looking for the right person to hand control over to is extremely important, as is knowing when the right time to step back is. And owner and successor should work out a detailed plan for how they will handle the transition.
Key Takeaways:
“ensuring the longevity and legacy of your business through succession planning is important, and it isn’t as daunting as some may think.”
Read more: https://www.qsrmagazine.com/outside-insights/why-its-time-put-franchise-succession-menu
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