Acceler8Success Cafe Monday 3.11.19

FEATURED ARTICLE: How One Entrepreneur Went From Waiting Tables to Owning Over 80 Restaurants

Dawn Lafreeda, Owner of Den-Tex Central and judge on Elevator Pitch, discusses her journey in the food service industry, from her beginnings waiting tables to owning over 80 full-service restaurants across the United States, and shares advice for those who want to own their first franchise.

Lafreeda and host David Meltzer discuss topics such as finding the right business partner, the benefits of becoming a franchisee, building an infrastructure that provides advancement opportunities for loyal employees and how technology is helping to streamline the restaurant business. The pair also converse about the ongoing controversy surrounding the tipping of restaurant servers.

Read the article and watch the video here!

Acceler8Success Cafe digital edition is your daily resource about Entrepreneurship & Owning Your Own Business!

5 Recession-Resistant Franchise Sectors You Should Consider During an Economic Downturn

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Leave Your Mark: Two Brands, 90 Units, 40 to Come

Is Multi Unit, Multi Brand Ownership The Future Of Restaurant Franchising?

One McDonald’s Franchisee’s Journey from Fry Cook to Lifer

Franchise Foundry focuses on the latest and most innovative emerging retail, service and restaurant brands and matching them with the right individuals or investment groups. Click on the image to learn more!

3 Fundamental Ideas on How to Succeed as an Entrepreneur

How This Entrepreneur Created A $1.1 Billion Company At 22 Years Old

How Small Business Can Survive Against Big Guys

Small Business Hiring Breaks Record

Cannabis is America’s Fastest-growing Job Sector — But Can Feel Like a ‘Boys’ Club’

Quote of the Day!

Acceler8Success Cafe Thursday 2.28.19

Acceler8Success Cafe digital edition is your daily resource about Entrepreneurship & Business Ownership!

Coming Soon:
Acceler8Success Cafe Podcast!

TECHNOMIC Top 500 Preview: Sales at Country’s Biggest [Restaurant] Chains Improved in 2018 RestaurantBusiness.com

The 2019 Mega 99 Rankings Franchising.com

The 40/40 List for 2019: America’s Hottest Startup Fast Casuals QSRMagazine.com

Modern Restaurant Concepts and The Franchise Playbook ModernRestaurantManagement.com

Multi-unit Franchise & Area Development Opportunities Available!

The Purpose of an Entrepreneur Business2Community.com

How Entrepreneurs Navigate the Difficult Moments They’ll Inevitably Face FastCompany.com

5 Women Entrepreneurs On Discovering The Right Time To Start A Business Forbes.com

Exploring Entrepreneurship Later in Life TampaBay.com

The Toasted Yolk Cafe is changing the way America thinks about breakfast and lunch.

4 Strong Examples of Long-Term Business Goals LonelyEntrepreneur.com

The Non-Risk Taker’s Guide to Successful Entrepreneurship Business.com

8 Things Every Startup Needs to Know TheBalanceSMB.com

Quote of the Day!

QSR & Pizza Fueling Franchise Growth

Fast-Food-2Each year the International Franchise Association commissions a study from PwC (PricewaterhouseCoopers) on the economic impact of franchising in the U.S. Highlights from that study include the following:

  • Taking into account the indirect impact of franchised businesses, business format franchises support more than 13.2 million jobs, $1.6 trillion in economic output for the U.S. economy, and 5.8 percent of the country’s GDP.
  • Franchise businesses provided more jobs in 2016 than wholesale trade, transportation and warehousing, nondurable goods manufacturing, and information (including software and print publishing, motion pictures and videos, radio and television broadcasting, and telecommunications carriers and resellers).
  • Quick service restaurants (QSR) is the largest category, representing 25 percent of all franchise establishments and 45.5 percent of all franchise jobs.
  • Jobs supported because of franchise businesses were at least 10 percent of the private sector nonfarm workforce in 33 states, and at least 6 percent in every state.
  • The number of people employed by franchises is greatest in California, Texas, Florida, Illinois, and Ohio.
  • Franchisees own and operate 88 percent of all business format franchise establishments and franchisors own and operate 12 percent.

Read more…

Quick Serve Franchise Sector Continues to Blaze a Trail for Franchising

There is little doubt that the franchise industry is undergoing significant changes fueled in great part by the success of various PE firms that began in the QSR sector. As other franchise sectors are targeted by PE investors, the competitive environment in those sectors will become more challenging. In order to prepare for these challenges, small to medium sized franchises will need to become successful franchise systems that produces sustained system growth, successful franchisees and an efficient operating system.

Multi-unit franchisee ownership that originated in the QSR sector continues to increase as franchisors seek large multi-unit franchisees that can own and operate more franchise units.This ownership model provides organizational stability, ample financial resources, sustained growth and economies of scale to the franchisee operation.

Read more…

Who’s Winning the Pizza Wars?

Welcome to the pizza wars, where brands big and small, quick-service and fast-casual alike face two choices: pick up the pace and earn relevancy through definitive, clear marketplace differentiation or step aside.

Read more…