Joel Libava
Food franchise owners need all the help they can get.
The hours are grueling.
The employee turnover is out of sight.
Food cost fluctuations can keep even the best operators up at night.
The food business is the toughest business in the world.
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Food Franchise Owners Get To Use Cool Tools
However…
I’m not sure if it’s because of the sheer volume of food franchises around, or if it’s just easy for the current crop of technical geniuses to create them, but food franchise owners have access to the coolest business tools.
You may not know this, but I was in the food business. I was in restaurant management. Heck, I started in the food business at the most basic level…as a dishwasher!
Food franchise owners need to have great tools in order to survive these days. There’s more competition. There are more chances to thrive or die, because of social media. Review sites like Yelp are available for today’s diners, and their easy access makes for fast decision making.
Food franchise owners and managers can benefit greatly from today’s tools. Razor thin margins need to be constantly monitored. Payroll costs need to be watched.
Cool Takeout Tools
Some of today’s busy families don’t always have time to dine-in.
Smart food franchise owners offer take-out, and it can really go a long way in helping to pay the bills.
From Small Business Trends:
“While take-out is a great revenue generator for food franchises, it can be taxing on staffs who are trying to take care of the guests that are already in the restaurant. Stellar Restaurant Solutions provides restaurants with their proprietary state-of-the-art call center and order processing system. Agents handle their clients order processes to grow sales and provide guests with a wonderful ‘order to food pick-up’ experience.”
There are many facets to the food business…to food franchising. And, there are many tools that can help owners thrive…or at least breath some.
Take a look at 10 cool tools in food franchising.
And, if you need help deciding which food franchises you may want to investigate-so you can be your own boss, consider working with me one-on-one.
photo credit: patrick h. lauke via photopin cc
About the Author
Joel Libava is The Franchise King® — an independent franchise advisor with 25+ years in the industry, two published books on franchising, and his writing has been featured in The New York Times, Forbes, CNBC, Entrepreneur® Magazine and others. In addition, he wrote exclusively for the U.S. Small Business Administration blog for eight years. He doesn't sell franchises. Instead, Joel helps you figure out if franchise ownership is actually right for you — and if it is, teaches you his powerful, proven-to-work franchise research techniques, so you can make a smart, informed decision on a franchise to own and be your own boss.
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