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How to strategically grow as a franchise group

These companies provide case studies on what to look for while expanding

 

Welcome to First Bite, a Nation’s Restaurant News podcast, your daily source of news from NRN.

Today, we’re talking about three multi-brand operators who recently discussed the key factors they consider when expanding their portfolio, including geography, unit economics and the brand’s leadership team.

The portfolios of multi-brand franchisees The Falcons Group, WarnerFoods and The Hari Group are as diverse as they come. The Falcon’s Group, for instance, includes Checkers & Rally’s, Baskin-Robbins and TGI Fridays and the company just added Twin Peaks.

WarnerFoods’ roster includes Jack in the Box, Black Bear Diner, Panera, Noodles & Co. and Popeyes, while The Hari Group operates Dunkin’, Dave’s Hot Chicken, McAlister’s Deli and Currito.

Each company provides a case study on how to strategically grow and what to look for while doing so – an important lesson as scale becomes more important in a persistently challenging environment.

Hear more from executive editor Alicia Kelso.

Plus, catch up on all the top news of the day with our daily news recap at the beginning of each episode.

Be sure to subscribe to First Bite wherever you get your podcasts or on Spotify, or Apple Podcasts.

TAGS: Franchising
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