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Tips for Choosing the Right Franchise for Your Food Start-up

The food service industry is one of the fastest-growing in the world.

That’s a direct result of our current lifestyle.

People don’t seem to have the time, nor the will to cook for themselves.

It is the food service industry that is cashing in on that trend.

From the looks of things, that’s a trend set to grow, without any signs of stopping anytime soon.

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Therefore, investing in a food start-up franchise along with the best franchise software like Billberry makes perfect sense.

Here’s our blueprint on how to choose the right franchise and maintain franchise management precisely for your food start-up.

Ask yourself: What Do I Want To Accomplish Through Franchise?

This is all about being honest with yourself, knowing what you want to accomplish, and what can you achieve.

But most important of all, you need to know your limits, both financial and else wise.

You need to be clear with yourself about all those things so that later you don’t end up overreaching and making wrong estimates.

The truth is, investing in a franchise means that you will always be making decisions.

Decisions for which you will need to make your best estimate given the current situation and factors.

By knowing yourself and your limits, you can make better and smarter decisions.

Informed decisions can be made with the help of detailed analytical reports provided by a restaurant management system like Billberry

How Much Can You Invest?

Food start-up, or some other type of start-up, you need to set up a budget before making your move.

You need to be prepared for expenses that are mandatory like having the best restaurant management software for franchise management.

Nowadays, there are food start-ups that can be started with $10K and some that require an investment in a couple of hundreds of thousands of dollars. 

Of course, there are plenty in between.

Keep in mind that aside from your initial investment in the franchise, you will need to take into account operational costs daily.

These costs need to be covered until your start-up starts generating cash.

A reliable POS software company can provide a robust point of sale software that can help you manage all your essential operations like your inventory management system, supply chain management system and more.

Explore The Food Franchise Landscape

This is about looking at your options, what’s out there, the cost, what people like, what they dislike, how is getting great reviews, who not so much.

The idea is to get a sense of what’s available and maybe even make a list of potential food businesses you might invest in.

Also look for franchise management software India and be prepared with the best franchise management software.

At this point, it will be like casting a big net and seeing what will come out.

The ones that are out of your budget limit, are too demanding, are getting bad reviews, or you don’t like their food, they are the ones that you need to eliminate from your list first.

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Choose Facts Over Emotions

Thing is you might like franchise very much.

You like their products, how they serve their clients, their business model, and everything in between.

However, don’t just rely on your instinct, or you might end up losing money.

In some countries, franchisors are obligated to disclose all their documents.

That way, you can have the full picture at hand before making any financial or legal commitment.

Talk To Franchises

Let’s say you’ve identified a specific franchise opportunity, you’ve talked to their representatives, checked all available documents, and from the look of things they look solid.

The next step is talking to some of the franchises.

Don’t just talk to the ones that they will recommend you, but also other random options.

That way, you can have a better feel at what it means to be a franchise for that particular company.

Furthermore, if you can find them, you can even talk to former franchises.

The ones that invested and failed to make a profit.

Their experience and feedback can be both indispensable and very revealing.

How Long Does It Take To Return Your Investment?

Whether it is a food franchise or some other, it all comes down to how fast you can return your investment, and how much you can earn.

Again, it’s all about doing your research, going through the numbers, how fast other food businesses got their initial investment back, and how much they earn per year.

Is The Franchisor Easy To Work With?

Truth is some franchisors are way better than others and take great care of their food business.

Typically, the ones that spend more time helping put their food businesses, provide a lot of training and support, are the best and most successful ones.

Review The Franchise Agreement With Your Lawyer

This is so you know exactly what you are getting into; what are your legal obligations, what you are entitled to get from your franchisor, what will happen if there is a breach of the agreement from some of the sides, and so on.

Take your time to understand every aspect of the agreement, what it means to you, its relation to the local laws and regulations.

In Conclusion

The main point is not to jump blindly into something that feels like an excellent business opportunity.

Do your researches, talk to a lawyer, and even make the call to which food business suits you most.

Billberry is a custom franchise management solution provider.

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Best Features of Franchise Management Solution

Running a successful food franchise business is no easy thing.

But at the same time, it can be a massive opportunity.

To put things into a better perspective, the franchise industry generates more than $2.1 trillion each year.

During this hard covid impact it is more important to revise & fine tune your business processes with right franchise management techniques and the best franchise management software.

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According to the International Franchise Association, almost 5% of all small businesses in the US are part of some franchise.

Furthermore, there are over 900,000 franchise businesses across the country that employ over 18 million people.

However, there are as many new franchise businesses as there are those that close shop permanently.

There can be various reasons why some franchise businesses thrive, and others fail.

Having the right restaurant management system to manage multi store food franchise business is surely going to be one option that aids to the success of the food franchise business.

The one thing that stands as a common denominator for all successful franchise businesses is a great franchise management solution.

According to a survey run by the International Franchise Association, more than two-thirds of all surveyed franchise businesses said that they couldn’t be as efficient as they were without their software management solution.

In that survey, they have listed some of the best features of the franchise management solution they are using. Here they are:

Centralized Control

This feature enables you to always be on top of things and have all data easily accessed.

It is the core feature of many franchise management solutions out there.

Ideally, it integrates data from all outlets, branches, and territories.

Plus, the data is presented in a way that you can easily recognize trends, patterns, and performances.

The best solutions have a centralized control that features a user-friendly UI.

That’s not all; it also covers all business processes related to your franchise business.

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Workflow Optimization

This is all about being able to analyze the process and optimize it.

Every top-rated restaurant management software is built on the premise of continuous improvement.

A big part of workflow optimization is workflow automation.

That way, it is possible to convert some of the repetitive workloads into free-running operations for increased efficiency.

By doing so, the user can spend less time on repetitive work and focus on other, more critical aspects of the business. 

Inventory Management

All the best software management solutions offer excellent inventory management that can automate ordering, tracking, supply, and storing inventory.

That way, all of your franchisees are always well-supplied, you can keep track of their performances, and you can make supply plans.

Logistic play a big part in every franchise business.

The better this feature, the easier it gets to optimize your supply chain, all goes smoothly, and most important of all, uninterrupted.

Integration

Integration can additionally help optimize your workflow, smarter use of available data, increased BI, and so on.

The list of benefits can be quite extensive and can vary from case to case.

Cloud integration is also recommended. That way, your franchisees can also have access to some of the features and data.

As a result, they can also take advantage of that to improve their internal processes and workflow.

Once everything is in the cloud, they can access it easier from any place or device.

Reporting

Nothing will matter much if your franchise management solution doesn’t come with good reporting.

Reports can and should bring you insights into how each franchise outlet is doing, are they lagging in some area, how are their sales, revenue, customer lows and highs, and so on.

Thus, reports from your point of sale software provided by your franchise management system must be accurate and reliable.

The reporting tool should be easy to use and very comprehendible on both sides, the side that makes the report, and the end-user.

At the same time, it needs to contain top data and metrics.

All of which are essential in making business decisions that will help you run a profitable franchise business.

Based on those reports, franchise owners and managers can analyze key metrics, and send recommendations to their franchisees.

Analytic Tools

Thorough reports and the metrics derived from there can be of great help.

However, sometimes we can’t see the entire picture from all that data.

That is when the analytics tools come in place.

They can reveal something that went under the radar, yet it can be a game-changer or a hint to some new trend. Sometimes it can be a positive trend, other times a negative trend.

But in any case, it will help you be ahead of the curve and prepare a strategy that addresses the issue promptly.

To that end, many franchise software management tools leverage powerful BI and AI algorithms. 

In Conclusion Franchise Management Solution

All of the features above are designed to help you reach new goals and make better business decisions.

But even the most powerful features won’t be worth much to you unless you put your heart and mind in it.

It is only when you combine your business intelligence with the power of the software solution when the best results are achieved. 

Billberry POS system is a power packed franchise management solution platform where we provide custom solution as per customer’s needs.

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Contactless Delivery & Ordering System Is Must To Fight Corona For Restaurants

COVID19 has changed the way of business for restaurant industry.

The most challenging part is to bring back the trust from your customers.

Although corona virus pandemic has damaged businesses severely but we are optimistic that bending few things can win more customers to you during these challenging times.

If you are feeling being in Stone Age than exactly think like how you have grown your business when there was no internet, no technology, answer is “Trust”.


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A common saying is:

When everyone is slow, you need to run & earn the fame you never imagined.

Now, it is a time to turn adversity into opportunity and the best restaurant management software like Billberry can definitely help you achieve it.

There are a lot of challenges of starting a fine dine restaurant in these pandemic era but if you already own a restaurant business then you better stick to the plan on improving and growing it by conquering these challenging circumstances.

It takes lots of efforts to improve trust factors amongst customers.

Before we go into other details here are some common hygiene standards which must be followed:

  1. Maintain temperature register for your staff with at least 4 entries in a day
  2. Sanitize all surface frequently (once per hour at least)
  3. Good quality masks are necessary for your staff
  4. Follow other guideline provided by local Government like keeping list of nearby COVID centres etc.
  5. If possible try to disinfect everyone who is entering into premises with some low cost solutions. Or at least keep hand sanitizers for all your customers.

The Need Of The Hour – Contact-less Ordering & Delivery Platform

To bring more trust you need to implement contactless food ordering and delivery approach with the help of a restaurant billing software.

Many solutions is going to be implemented with different features but you need to be aware that this is the time you need to learn art of being more self dependent so to cut down food cost you need to rethink on 3rd party delivery (3PD) apps.

Following techniques will bring more ease to your business also it reduces your operational headaches.

  • Order On The Phone: Just like old days call customers, take orders on phone with QR code ordering, just provide them option to pay money online to implement contactless payment. It is easy also to schedule such orders for pick up.
  • Online Store: Opt in for platform which is same as your 3PD partners where now you can do the contactless food delivery to save the cost. You can also put easy pick up options to improve service.
  • QR Code Based Menu: Now there is no need to keep your menu on the table, your customers can scan menu and order whatever they want from their smart phones. They can also pay their bills using their mobile phones.

There are other things which you can consider like:

  • Writing temperature of your staff delivery boy on your parcel with sanitizer sachet is a good gesture.
  • Integrating above features with your Point Of Sale (POS) software.
  • Improving your CRM is necessity now so you never lose communication with your loyal customers.

We understand current requirements well and we have come up with the solution.

QR code based food ordering system that can be enabled with the help of a restaurant management system is the robust solution to fight these unusual circumstances.

We also appreciate if you can write down your suggestions to us.

We wish everyone a speedy recovery to your business & this new contactless payment & delivery POS system can bring more profits to you.

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How to Choose the Point Of Sale System for Your Restaurant Business?

A point of sale system (POS) is not just some high tech cash register.

It is a lot more than just a gadget that takes credit cards and records sales data.

It can also gather data on inventory management, sales, customers, employees, and a lot more.

The best food franchise management software can do the same in case of food franchise businesses.

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Every new generation of POS software comes with new and improved features that make it the central hub of any retail business.

Here we will elaborate on how to choose the best possible restaurant management system that enables you with a robust POS system for your business.

That way, you can manage your business more efficiently.

Make Your Business Needs a Priority

A POS system may be perfect for a small store, but won’t necessarily be an excellent fit for a bakery of a dozen of food items.

A growing business or a startup might want to choose a system that can scale along with their growth.

That way, you won’t need to change your transaction process when they hit high numbers.

Invest in a restaurant management software like Billberry to crush your competitors.

In most cases, small businesses can rely on tablet or iPad based POS systems.

This type of system is easy to use and portable. Also, it offers a ton of security features and operates in the cloud.

On the other hand, mid to large-sized businesses can’t rely much on this type of system and will have a difficult time managing their transactions.

That is why it is super-important to research for the best POS software.

Make sure that you base your research on what’s used in your industry, by companies of your size.

Talk to other business owners, read reviews, get quotes, and so on.

Integration With Other Systems

The perfect POS like Billberry should be able to connect with your other business systems, like email marketing and accounting software.

The top benefit of this is that you get a lot of customer data without manually downloading it from one program and then uploading it to another.

That is why integration is something that should be on the top of your list when searching for the best possible POS system for your business.

Don’t Ignore Scalability

You might be running a small retail business, and you got just one store. But you might plan to expand soon.

The thing is that specific POS systems limit the number of outlets that can be managed using them.

That is why you need to make sure that you choose one that is scalable and won’t limit your business once you start growing.

As a result, many business owners choose scalable cloud-based POS systems that support multiple registers and stores.

Once you connect all retail stores, you will have a single dashboard from where you can monitor all of them and run your business efficiently.  

User Simplicity is Essential

A POS system may have an incredible set of various features.

But that won’t do you much good if they are part of a program that is difficult to understand and use.

You don’t want to list the user manual for every little thing.

Plus, even if you learn it through and through, you need to make sure all of your employees know how to use it as well.

That is why you need to have a crack at it before you make your final decision.

The unwritten rule is the simpler the UI, the better.

That way, every user can easily learn to use the POS system, and you won’t need to spend time teaching others or listing the manual every time you are stuck with some features.

Look For POS Systems With Specific Features

Every business has its own specific needs and requirements.

Nowadays, POS systems have features designed to fit individual businesses and industries.

It’s one thing to buy a POS for a hotel, another for a restaurant, and a way different one for a mechanic shop.

Each one of them has unique requirements and needs.

There isn’t one POS to fit them all. Plus, the size of the business plays an immense role.

The type of POS that serves perfectly a small shoe store may not be fit for a massive one.

That’s why you need to consider both the specific needs of your business and the size of it.

For example, a typical restaurant will require a POS system that allows splitting the check, make table reservations, track product status, accept online orders, add tips, and so on.

You won’t need most of those features if you run a small coffee shop or a cleaning service.  

In Conclusion

Choosing a POS system is no rocket science, nor should it be.

However, if you neglect some of the points made here, you might end up with one that simply doesn’t meet all of your needs.

That is why it’s essential to do your research first, so you won’t have to worry later.

We have a best POS Software in our mind for you.

Please visit https://www.billberrypos.com to know the potential of POS system.

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