MasterMind Minutes - How Startups and Emerging Brand Should Protect their Intellectual Property
March 24, 2021
Today’s guest is Devin Miller, he is the founder & CEO of Miller IP Law. In addition, Devin has founded several multi-million dollar startups himself and continues to found, manage, and grows everal startups and small businesses.
March 10, 2021
We thought that the last twelve months of performance for individual restaurant stocks might give us a hint as to where to focus going forward. Since some of the obviously large stock gains have taken place among those with the heaviest short position, we have focused on the “short interest ratio”, the number of shares sold short divided by the average daily trading volume.
If you own a business, you’ve only got days left to apply for a Paycheck Protection loan
March 5, 2021
But you need to act quickly. PPP ends March 31, but many lenders may stop accepting applications sooner so they have time to process. That means you need to get started on an application quickly for PPP funds to help with your payroll costs and other bills, to get your fair share.
Franchise Growth Solutions Adds Farm to Table Pioneer to Its Franchise Roster in 2021
March 3, 2021
One of the original restaurants behind the farm-to-table movement that uses fresh and local ingredients, New-York based Friend of a Farmer has been an Irving Place, New York institution since 1986; known for its warm country décor, seasonal ingredients and freshly pressed juices and cocktails.
What is a Master Franchise and Sub-Franchise and How Are They Different Than An Area Development?
February 10, 2021
Franchise systems sell a master franchise (also known as a “sub-franchise”) in order to more rapidly expand their brand and system. Master franchising is typically the most common way brands expand internationally.
Warning Signs Your Restaurant Is Not Ready To Franchise
February 9, 2021
I cannot emphasize enough that any franchise company’s overall growth and success depends on its franchisee’s success. Your restaurant concept needs to have proven methods along with quantifiable sales results.
Coronavirus & Its Impact On Your Franchise Disclosure Document
January 9, 2021
Obviously, 2020 unit-level sales may not be representative of your operations in other more normal years. Many of you have struggled with low sales while some of you have had record breaking high sales.
5 Key Reasons To Franchise Your Restaurant Concept
January 3, 2021
As a Franchisor, your income is not derived from the operation of a restaurant. The Franchisor’s primary revenue source is a royalty payment made by the franchisee to the parent company. Also, this royalty is paid on top-line sales, not bottom-line profit. As a Franchisor, your role is to help franchisees increase their sales and increase the number of operating units
6 Key Points To Keep Your Restaurant Profitable In A Slow Down
December 13, 2020
Look for trends in your sales—for example, busy days and hours versus slower times and days. For instance, if Tuesday afternoons are consistently slow, then consider cutting back on your hourly staff for that period...
The Pros and Cons of Setting Up Your Franchise as an LLC.
December 10, 2020
Before we dive into the pros and cons of LLCs for your franchise, it’s important to build a sound understanding of what exactly LLCs are. Forming an LLC for a business means creating a legal entity for it separate from you as an owner, unlike in sole proprietorships or even partnerships.
GrubHub names Acai bowls as one of the most ordered food items in the pandemic.
December 6, 2020
The coronavirus pandemic was no exception to this disaster proof concept. The stay-in-place orders were no match for loyal customers who were in the search for healthy and tasty eating options.
Franchise Vets Consulting for Independent Restaurateurs
September 10, 2020
Franchise Growth Solutions LLC has added a division to teach independent restaurateurs how franchise companies reduce food, paper, beverage, labor and other costs.
Using PR For Restaurant Marketing
August 21, 2020
How do you strategically get your brand's voice out there in a unique way?
MasterMind Minutes - One Guest - One Question - One Expert Answer in Minutes Not Hours...
July 14, 2020
I Scream, You Scream, We all Scream for Gofer Ice Cream.
May 31, 2020
Stamford’s Gofer Ice Cream has opened its sixth store, and third franchised parlor, at 103 Main St. in New Canaan.
What do Private Equity Firms look for when investing in a Franchise Company - Talk about "Sharks."
May 20, 2020
The Full 1-hour version of the Private Equity & Franchising Seminar held at the Javits Convention Center in NYC.
MasterMind Minutes
May 17, 2020
Today's guest is Tom Scarda, CFE, Founder & CEO of the Franchise Academy, Best selling author and Podcaster.
How Are You Fighting Financial Anxiety
May 16, 2020
It is not worth the mental energy and distress to put pressure on yourself for what is out of your hands. Unproductive thoughts will put you on a never-ending cycle of “I have to figure it out, I have to figure it out.” That kind of spiraling activity just runs down your batteries.
MasterMind Minutes
April 30, 2020
Today's Guest is Michael Einbinder - Founding Partner of Einbinder and Dunn, a Law firm focusing on the needs of franchisees and franchisors.
MasterMind Minutes
April 23, 2020
Restaurant marketing during the country's re-open phase with Doug Smith of ROI Experts
Magic Cup - Supporting Franchisees
April 20, 2020
Supported by her executive team and industry consultants. Magic Cup's goal is to build  confidence as a franchise partner and supply you with the tools to create your own success.
The Current Challenges We Face Are Temporary!
March 23, 2020
If it seems that your news feed has been flooded with nerve-wracking updates on the COVID-19 outbreaks, have no fear—there are also plenty of positive updates on the pandemic as well.
Lead Generation, Franchise Sales and Reality
March 8, 2020
The best way to get results in franchise lead generation is to remember that NOTHING works a lot.What does that mean? It means for a start-up or an emerging brand (under 50 units), you need to try various lead sources to test which “streams” bring in the type of leads at the rate necessary to make your sales plan.
What it Takes to Franchise Your Restaurant
February 16, 2020
So you own a restaurant and you think you have what it takes to franchise it. There are many moving parts when it comes to franchising a concept, so I've connected with Gary Occhiogrosso-Franchise Growth Solutions,Sales Entrepreneur,Investor,Public Relations,Coach to give you insights into what it takes.
Magic Cup Cafe: Bubble Tea Concept Celebrates Year of the Rat with Lunar New Year Festivities
January 20, 2020
Event-goers will also receive a celebratory red envelope with a coupon offer inside, including the chance to win a free drink. Kids and adults alike will enjoy an exciting performance, premium beverages, and fun games.
Gofer Ice Cream To Open in New Canaan, CT in Spring 2020.
January 20, 2020
“We hope the community will enjoy our ice cream of more than 40 different flavors, our famous Razzle and many other wonderful products that Gofer has to offer.”
The New York City Restaurant Business Is So Much More Than Just The Center Of The Plate
January 13, 2020
Starting and successfully operating a restaurant in New York City has its challenges, as well as it's the rewards.
Franchising Your Restaurant
January 10, 2020
Telling The Entire Story - MasterMind Session. Listen to this Webcast to gain insights on the philosophical skill set to becoming a successful franchisor.
January 9, 2020
When ideating menu items for our Cafes, I am continually inspired by the flavors present throughout my life.
Accountability, hard work are key for Dhanani Group CEO
January 4, 2020
Dhanani stresses the importance of accountability and notes that "you have to be willing to work hard because there is no shortcut."
High-Quality Bubble Tea Concept – Magic Cup Cafe to Franchise Five New Location
December 18, 2019
The Magic Cup team, led by owner My Lynn Nguyen, is working with industry expert Gary Occhiogrosso, founder of Franchise Growth Solutions, to expand the turnkey Magic Cup Cafe business model
Benefits Of A Restaurant Inventory And Theoretical Program
November 30, 2019
"Performing regular inventories will serve to organize your stores as attempting to perform an inventory in a disorganized store will take twice the amount of time.
The New Revenue Recognition rules – What is the Impact for Franchisors
November 11, 2019
The franchise fee must be deferred and amortized over the life of the franchise agreement .
Burger Village Franchise Goes International
October 17, 2019
Burger Village Franchise Goes International With Canadian Expansion - Franchise Setting New Standard in the Better Burger Category
Creating Sensible Employee Policies When Building Your Company
October 4, 2019
Development of Policies that Make Sense
The Changing Landscape In Urban Restaurant Dining
September 15, 2019
A Closer Look At The Virtual Food Hall
Tips for Launching a Successful Restaurant.
July 18, 2019
Tripwires to avoid - Desire and passion will only get you so far. Create your business plan as a road map.
Ten Tips For Evaluating a Franchise Opportunity
May 18, 2019
How To Do A Preliminary Evaluation Of A Franchise Opportunity
Relationship Building Because It's Easier to Blame Franchisees Than Many Franchisors Like to Admit
September 18, 2018
The Importance of Franchisors Building Relationships With Their Franchisees
With A Focus On Healthy, High Quality Menus, Quick Service Restaurants Spring In A New Direction
August 24, 2018
With A Focus On Healthy, High Quality Menus - Quick Service Restaurants Sprint In A New Direction
Acai Express On Fast Track To East Coast Expansion
May 9, 2018
Acai Express On Fast Track To East Coast Growth Leading Organic Super Food Franchise soon to take on New York and New Jersey
Franchising & Succession Planning
April 22, 2018
The key is to create the best succession plan for your current circumstances. Revisiting, re-evaluating and if necessary, updating your plan should be done annually or whenever a major event takes place in your personal or the life of the business.
Why Franchisees Go Rogue and What To Do About It
March 13, 2018
Among the best ways to keep franchisees from changing or competing with your brand is to have an ever-evolving brand that creates financial opportunity for the franchisee.
SkinnyPizza Opens In Greenwich Connecticut - Pizza That Is "Built With Guilt"
March 11, 2018
Healthier Take on NY Style Pizza Adds 5th Fast Casual Restaurant
How To Develop A Franchise Model
March 10, 2018
How Franchising Impacts The Economy And Creates Jobs
January 23, 2018
Franchisees support communities by strengthening them financially.
Planet Wings Suits Up For Super Bowl By Focusing On Technology
January 19, 2018
Planet Wings- Crave the Flavor - Fresh Never Frozen No Antibiotics, No added Hormones, No Steroids
Getting New Franchisees Off To A Great Start
January 10, 2018
This approach helps franchisees adapt as the brand grows and systems evolve. Preparing franchisees to deal with the issues that may come up along the way is key to building a successful franchise system.
The 12 Worst Mistakes When Marketing...
January 7, 2018
All too often, restaurants miss opportunities to get their business in front of hungry diners.
Why Do I Pay A Franchisee Fee?
December 18, 2017
To the Franchisee it must represent a reasonable fee to allow you to become a part of the existing system, including all of the training programs that are a part of that system, to help you reach your own business goals.
Three Signs A Franchisor Needs To Consult A Franchise Lawyer
December 2, 2017
To Invest In A Qualified Business Plan Is A Fundamental Strategy
November 28, 2017
Next Life Phase - Starting A Business After Ending A Career
November 26, 2017
Branding - What's In A Name?
November 25, 2017
Understanding The Personal Guaranty In The Franchise Agreement
November 19, 2017
An important obligation in a franchise agreement is the personal guaranty. Although this provision will be cited in the Franchise Disclosure Document it may not get the attention of other items.
In a Slow Restaurant Economy - Practice these 6 Tips
In good times and not so good times, operating a profitable restaurant can be a daunting task. Nothing is forever, so learn how to manage a restaurant through a rough patch you’ll be in a better position to maximize your profits when times are good.
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Franchise Growth Solutions offers free consultations to help you evaluate your concept and whether we can assist you in growing it as a franchise brand.  Please contact us, and one of our team members will reach out within 24 hours.
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