Mastering the Startup: Essential Tips for Opening a New Restaurant Nearly 53,800 restaurants opened their doors last year. While the industry has proven its resilience and remains in demand throughout the year, not all establishments are sustainable over the long haul. What’s one of the most important aspects that can influence long-term success? Implementing a good […]
Crafting a Profit-Driven Menu: Expert Tips From TRG Restaurant Consultants Optimizing your restaurant menu helps with your profitability if done right. As a crucial part of your success, TRG Consulting can help you craft a strategic profit-driven menu. We provide analysis and menu creation services that don’t simply showcase your food offerings but also boost your […]
Launching a business in a highly competitive industry like food and beverage (F&B) requires a deep and extensive understanding of the factors that fuel success. Knowledge of kitchen operations and finance is valuable but often insufficient for meeting business goals. This is why many successful restaurateurs hire business consulting firms to help them get started […]
Managing a restaurant involves so many moving parts, including sourcing high-quality ingredients, purchasing a seemingly endless list of supplies, managing staffing and scheduling, and budgeting for a profitable restaurant – all within a set budget. Every restaurant must aim to spend low and earn high. But restaurant finances are notoriously complex, with so many types […]
Restaurant kitchen design must strike a balance between aesthetics and functionality. The space must look attractive for customers to enjoy and share their dining experience on social media or with friends and family. However, practicality must remain a priority—no restaurant should sacrifice beauty for usefulness. Luckily, there are many ways to balance the two. What […]
Six in 10 restaurants don’t survive past their first year of operation, and around 80% of restaurants close within five years. These grim statistics show how difficult it is to survive—let alone thrive—in the food industry. If you’re considering entering this competitive field, learning how to open a restaurant is crucial for increasing your chances […]
What’s the outlook for 2024 in the restaurant scene? Predictions may not be an exact science, but trends point to where the tide is going. By trends, we mean those that have a reasonable basis to linger for the rest of 2024. We are not interested in those hyped by social media finding for a […]
In 2023, the restaurant industry faced challenges and opportunities in the lingering aftermath of the COVID crisis, with the impact further shaped by emerging 2023 food trends. As the public welcomed a new sense of normalcy, restaurants scrambled not just to survive but also to grow and recover from the impact of the setback. The […]
Anyone can open a business anywhere, but success is not guaranteed. Restaurants fail for a variety of reasons, one of which is poor location selection. The problem may be traced to limited foot traffic or a restaurant concept that doesn’t suit the area’s demographics. Finding the right location for your new restaurant can be challenging. But […]
Creating a restaurant operations manuals is a critical step to opening a food business. When you institutionalize standards, it is easier to maintain consistency in output and service. What Is a Restaurant Manual? A restaurant operations manual is the written foundation of the business. It lays out the vision of the restaurant and outlines all […]