Restaurant Feasibility Studies Having a feasibility study done for your proposed restaurant business is critical. In fact it should be step two after you’ve put together a strong business plan. The basic purpose of the study is to tell you whether or not starting a new restaurant is a good idea. A properly […]
First Quarter 2019 Restaurant Trends It sounds like something from a science fiction movie: a juicy steak grown in a lab and served in a restaurant. But that science fiction story is quickly becoming a restaurant reality. Also known as “motherless meat”, it’s likely to be one of the hottest trends in the restaurant business. […]
Restaurant Consumer Trends – Engaging Theater patrons If you run a restaurant, then you’re always on the lookout for ways you can recruit loyal, local customers. That’s why it’s a good idea to look into tapping into your local theater scene. Why theater? Well, because theater patrons tend to be locals and they tend to have […]
Restaurant Cost Controls The success of your bar or restaurant depends on cost control as much as it depends on quality of drinks, food, service and the convenience of your location. As the owner of any establishment, you have a slim margin within which to work. The National Restaurant Association reports that in food service […]
The Benefits of Efficient Commercial Kitchen Design When considering renovation or the initial design of your restaurants kitchen, it is important to recognize the importance of functionality as well as aesthetics. There are many components to address when developing your kitchen and bar design. The major modules that require a restaurateur’s attention should be effective spacing, […]
How To Improve Restaurant Revenue While the food service industry overall experienced it’s eighth consecutive year of industry-wide growth, restaurants on an individual scale are competing for the same consumers. This article on Nasdaq states “Instead of generating added sales, each new restaurant is eating up shares from others.” What does this mean for […]
Why You Should Conduct a Feasibility Study Before Starting a New Restaurant Your dream is to own a wonderful little restaurant and serve exotic foods or home-style foods or other specialized cuisines. You know deep down in your heart that it will succeed because there is nothing else like it. But are you willing […]
2019 Restaurant Outlook The restaurant industry outlook for 2019 is moderate with a steady growth in sales, as has been true for the past decade. According to the U.S. Bureau of Economic Analysis, the U.S.’s gross domestic product increased by 3.4% in the third quarter of 2018. However, consumers still have less money to spend […]
6 Top 2019 Restaurant Trends: Every year the trends in the restaurant industry change. Customers expect new and different experiences when they dine out. However, less and less people are dining out these days as food prices rise and paychecks stay relatively unchanged in size for many Americans. The overall trend is that this […]
Sustainable Restaurants According to a recent study by the National Restaurant Association (NRA), an increasing number of restaurants are employing methods designed to make sustainability an integral part of their businesses processes. The survey, which explored the sustainability practices of 500 restaurant owners and managers, found also that transparency in menus is becoming more […]