Summary
Economic conditions are putting too much pressure on most companies. Companies are in need of more liquid assests. Companies lack training becasue of rapid growth.
Analysis
With the economic conditions over the past couple of years, extreme competition, cannobalization, rising commodity prices, and consumer confidence at extremely low conditions, how can most restaurant chains survive and grow their business?Franchising is the key and may be the only way out for some.
Immediate cash flow would help with franchising or better yet, selling some existing locations to franchisees.
It definitely builds the brand faster.
It keeps infrastructure costs down.It enables more qualified people to develop the brand in a location they are more familiar with.
It gives companies the ability to focus on more training within the management and hourly ranks.
Its a win win situation for companies that choose
