Food Cost Management Not much can spell disaster for a food establishment faster than high or fluctuating food cost. Food cost goals change depending what style of food service you provide; fast food, fast casual, casual dining, or fine dining. With a food cost range of 28 to 35 percent, it is important to first […]
Restaurant Trends 2020 In the last couple of years, the American restaurant scene has had an influx of technological shake ups. The way most consumers have ordered their food has virtually been flipped upside down. 2020 will continue to see evolving trends of simplistic mobile means. These trends will make it easier to receive food […]
Shoney’s and Marriott just became the latest in a growing list of companies that have vowed to ban plastic straws. The outcry comes in response to the news that plastics contribute 8 metric tons of pollution every year to our oceans; news that was bolstered by a video showing a plastic straw being removed from the […]
Restaurant Consumer Trends: Millennial Population More than other generations, millennials want to eat healthier and take part in an active lifetsyle. They are moving away from a fear of calories and carbs to a diet that includes these along with fats. Thirty-three percent of millennials are using bloggers to gather information about nutrition and health. Also, 36% of […]
Menu Pricing: Getting the Food and Drinks Pricing Right: The Difference Between Succeeding and Going Under Yes, having good quality food and drinks is the key to success, but so is the pricing. Think about influential restaurateur Barbara Lynch for instance. She credits the opening of her second and third restaurants to learning about […]
First and foremost, we want to congratulate you on your new venture. Opening up a restaurant is no easy feat. It takes a tenacity and drive not common in most people. It also takes a willingness to stand up to a fear that most people aren’t willing to stand up to. A fear that every […]
A solid business plan is the critical first step in getting funding for your restaurant. Many entrepreneurs struggle with this aspect. You are not alone! The pristine vision you have for your future business will now become numbers on reports for potential lenders. Although a business plan does not convey all of your original ideas, […]
Congratulations! You are about to embark on a new journey, whether it’s your first restaurant of your 5th one when designing a new restaurant kitchen or renovating an existing one, efficiency should always be your top priority. The single most significant factor in your restaurant’s success is a well-designed and functional kitchen. A carelessly designed […]
Are Vegan Restaurants the Next Big Food Trend? Veganism, defined as not consuming or using animal byproducts, has gone mainstream of late. It is no longer entirely acceptable to ignore vegans when designing your restaurant, and some established joints such as Gigi Pizzeria in Sydney, Australia, have gone meat free. In fact, vegan and […]
How Demographics, Lifestyle, and Technology are Changing Restaurant Consumer Trends In general, demographics refer to quantitative characteristics such as age, gender, and geographic location used in marketing to segment large populations into small, marketable groups with similar characteristics and collectively influence many consumer trends, behaviors, and expectations. By understanding more about current and […]