Unlocking Restaurant Success with Financial Benchmarking

Unlocking Restaurant Success with Financial Benchmarking

In a Bain & Company study (1993-2017), 80% of executives ranked benchmarking as one of the most desirable financial management tools. Yet less than half were satisfied with their ability to use their existing tools. Why? Because it is extremely time-consuming. The...
How to Make Better Use of Your Franchise Financial Data

How to Make Better Use of Your Franchise Financial Data

Many franchisors are dealing with the tedious, difficult challenge of reconciling their franchisees’ financial statements. Financial planning and analyzing can help but it requires accurate data to work. metiRi® is a financial solution that helps large franchise...
2021 Planning: Financial Data will Repair the Cracks

2021 Planning: Financial Data will Repair the Cracks

In a recent TED Radio Hour episode on resilience, Esther Perel stated, “a pandemic, a disaster, highlights the cracks. It will also reveal light shining through.” While she was speaking to interpersonal relationships, her analogy also applies to our business, which is...
2021 Planning: Financial Data will Repair the Cracks

How to Make Sure Your Restaurant Brand Survives

From immediate response to resolution and recovery, maneuvering a crisis with any sort of certainty can be challenging. With COVID-19, “challenging” is an understatement. Brands had to think quickly to respond to the crisis, without any real historical precedent. As...
Unlocking Restaurant Success with Financial Benchmarking

What Should Restaurants Measure Now?

Historical and comparative data and information guide us, informing both near- and long-term actions. But in these times without historical precedent, we are left with the question: what should we measure now? Information enables conversations—and solutions. RMS CEO...
Your Coronavirus Response Recovery Depends on Data

Your Coronavirus Response Recovery Depends on Data

We’re in a time of great opposites. On one hand, you’re required to engage in the quickest thinking of your career as we rapidly change course to meet the needs of the day. On the other hand, the COVID-19 crisis will begin to subside, and that time will require a very...

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