PUBLISHED ARTICLES

What we learned

Last month I wrote about important issues to consider going forward from a financial standpoint. This month, I’ll focus on seven non-financial items I think we learned from the pandemic that we should take…

As we continue reopening, know what you still have to do

The pandemic may be starting to be in our rearview mirror, but don’t relax yet. There are still loose ends to attend to. Here are some actions that you need to be thinking of…

In a MREJ article Linda Cross and Daniel Jensen discuss the use of surveys in commercial real estate transactions

In the June issue of Minnesota Real Estate Journal, Linda Cross and Daniel Jensen take a closer look at surveys in their article “Benefits and uses of surveys in commercial transactions.” The authors consider…

What Franchisors Did During the Pandemic and What They Can Still Do Now

This issue of the Monitor features the top 200 franchisees, proving once again the scope and importance of franchising in restaurants. There were winners and losers from the pandemic, but there is one constant:…

In rush to fully reopen, consider unit economics

We are all anxious to get our restaurants reopened. And therefore, we are all anxious to come up with new ideas to attract back our customers and attract new ones. But keep in mind…

What the Lenders Are Thinking

Working through the pandemic and watching the ups and downs of the financing world, I saw obvious winners and losers. The QSR world, particularly with drive-thrus, along with those with effcient takeout and delivery,…

How to ensure you have enough cash for 2021

As I’ve written about many times, but bears repeating: There are a number of government programs, grants and other help that have provided cash for the restaurant industry, particularly the independent restaurant owners who…

McKinsey and Company survey helps predict the current state of the local restaurant industry

International consulting firm McKinsey and Company, took the Twin City restaurant community under its wing and provided a study of the current state of the local industry, both pre-pandemic and post-pandemic. Here are some…

Thoughts When a Franchisee Decides to Own Their Own Concept

One growth strategy deployed in the franchise world is when multi-unit operators acquire their own concepts and sometimes become franchisors. There are numerous examples, but relatively few successful ones. Being a franchisee is a…

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