Texas in Common
7K Favors a day, Home Slice Pizza, East Side Tech Hub
What is Austin
Once a senior Account Executive, now leading the charge as Favor's first National Account Executive
Who is Rachel Burnside?
One sheet where every market, every date, and every premium and platinum partner live
What is the CRM Calendar?
We call in orders and behave just like regular take-out, alternatively you can see several of these taking up space at restaurant counters
What are Tablets?
Sometimes referred to as the hardest business to run, but even harder if Restaurants don't pay close attention to this (also known as balance sheets)
What is Profit & Loss (P&L) Sheet?
Buddy Holly, Jared Jones, One Guy from Italy
What is Lubbock?
Like a blanket statement, brands have the option to sign off on these to give their franchises the green light for partnership
What is an MSA?
Introduced as a pilot in Houston in 2017, this merchant bucket became a game changer in driving more sales by lowering customer costs
What is $3 Anytime Deliveries
They're touted as one of the global omni-channels, but they couldn't handle the heat when it came to restaurant delivery, shutting its "doors" in June 2019
Who is Amazon?
Favor guarantees runners make this much from our delivery fees
What is $2.10
50K monthly Favors, Carol Burnet, The Spurs
What is San Antonio?
Hooters, Macaroni Grill, Raising Cane's, and Pei Wei - it only takes one agreement to rule them all!
What is a Corporate Contract?
If we were Oprah, this would be our version of surprising our audience with gifts under their seats - You get a burger! And you get a burger! and you get a burger!
What is Free // Free?
Hard to quantify, but it's this part of our partnership that makes Favor stand out from the rest
What is relationship building?
Without this, our Favors only make money from Delivery and Processing fees
What is Merchant Revenue?
The Shack Wings & Brews, The Border, Beto
What is El Paso?
Sharing is caring, but some National concepts think otherwise. Ignoring the importance of regional dominance, Cheesecake Factory, Torchy's Tacos and Chili's took this bait with Doordash
What is Exclusivity?
From Data Entry, to Content, to becoming our CRM Coordinator - you might know him as the tank
Who is Frank the Tank Waters?
This 3rd party app is currently experiencing backlash from changing their restaurant partnership terms without warning
Who is Waitr?
Rent, Utilities, Depreciation - all restaurants have them, but when it comes to delivery orders, this is not a part of the financial equation
What are fixed costs?
Matthew McConaughey, Dean Schlesinger, The Jalapeno Tree
What is Longview?
Even an American Classic has to learn from their mistakes. Breaking exclusivity with Uber Eats and bringing on new partnerships, this chain did $1/2 Million in Organic Favor Sales in 2018
Who is McDonald's?
After the sale is said and done, our top tier partnerships aren't complete until this typeform is filled out
What is Platinum Partner Entry
An important reason why we are in a different (more stable) stage of business, we don't need to worry about "going Public" because our financials are not tied to these
What is Venture Capitalist Funding?
It's a sliding scale, from 9% on orders <$50 and 5% on orders >$50
What is processing fee?