Entrepreneurial Practices and Strategic Approaches in The Establishment, Growth, and Sustainability of Quick Service Restaurants (Qsrs): Innovation, Operational Efficiency, Financial Management, and Branding Impact
DOI:
https://doi.org/10.64675/Abstract
This study examines the role of entrepreneurial practices in the
establishment, growth, and sustainability of Quick Service Restaurants
(QSRs). It explores key factors such as innovation in menu design, market
positioning, customer service, operational efficiency, financial management,
and branding strategies. The research highlights the impact of these
practices on the competitive success of QSRs, focusing on how they adapt
to changing consumer preferences, economic conditions, and technological
advancements. The study combines qualitative and quantitative approaches,
analyzing data from QSR entrepreneurs, managers, and industry reports.
The findings reveal that a combination of strategic entrepreneurship,
financial acumen, and strong branding contributes significantly to the
longevity and profitability of QSRs. This paper provides actionable insights
for future entrepreneurs and established brands looking to enhance their
market share and customer loyalty.
