Author Archives: David Farkas
If food be the music of love, eat on
I recently came across a smartly written essay about food and music in the Washington Post. True, the article’s author, Chris Richards, posits and then attempts to answer a rather pointless question: Is food now more popular than rock music? … Continue reading
Posted in Food, millennials, Music, politics, sales, Trends, Uncategorized
Tagged chefs, food, recording industry, restaurants, rock music
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Can crowdfunding help your business?
For those of you unfamiliar with crowdfunding, here’s a brief rundown. It’s a way for businesses — new restaurants, for example – to raise capital via donations on the Internet. Donations? Yes. Business owners ask funders to donate (typically) a small amount of capital. They ask … Continue reading
A country most like Mars
Here’s an interesting fact: Nearly one third of the units controlled by the top 200 U.S. franchisors are outside the country. That’s 33 percent jump in only 10 years, according to DLA Piper attorney Philip F. Zeidman. The increase doesn’t surprise Zeidman, … Continue reading
Should restaurants support immigration reform?
“We’re one of the few industries that really cares about the totality of the bill.” – Angelo Amador, NRA vice president of labor and workforce policy That’s the National Restaurant Association, in case you were wondering. The bill in question is … Continue reading
High franchise fees equal better franchisee performance
Frandata CEO Darrell Johnson told a gathering of franchisors and lenders this week in Las Vegas that comparatively high franchise fees correlated with comparatively high average unit volumes among franchisees. Johnson, however, was not prepared to make the same claim for franchisors who … Continue reading
Posted in Analytics, franchise fees, franchising, franchisor, royalties, sales, site selection
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Leaning left: A second restaurant association debuts
I am curious and hopeful about tomorrow’s announcement of a new restaurant association: the National Restaurant Industry Roundtable. Members of the group Restaurant Opportunities Centers United (or ROC United) are behind the new group, billing it as “an alternative” to the National … Continue reading
Local official to fast-casual eateries: Stay away!
Once again a local government steps in to prevent free enterprise from happening (see our previous post). This time it’s Eastchester, N.Y., a small town in Westchester County. Some 32,00 people (88 percent of them white) reside in the 5 square … Continue reading
This is quickly becoming an old fight
Food trucks vs. restaurants. Bam! Pow! Smack! Do I need to rehash the argument for tightly regulating food trucks in restaurant-dense areas? Or would you rather I repeat the argument that food trucks, a part of our cherished free enterprise … Continue reading
Why are these people so attractive?
“McWrap offers us the perfect food offering to address the needs of this very important customer to McDonald’s,” says the fast feeder’s memo, which notes that “McDonald’s is currently not in the top 10 of millennials’ (customers primarily ages 18-32) … Continue reading
Posted in architecture, burger chains, Customers, design, fast food, Fast-casual, Food, millennials, quick-service, restaurants, smartphones, Social Media, technology, Trends, WiFi, Yelp
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