Lackluster Performance? Save Your Restaurant With These Restaurant Turnaround Strategies Let’s not beat around the bush—running a restaurant is very hard. It’s why only a few businesses last long enough to become local institutions or large, multi-location chains. It’s estimated that 80% of restaurants close within their first five years of operations. And even a […]
The Impact of a Restaurant Consultant on Your Business Success Managing a restaurant isn’t as glamorous or easy as it may seem. From managing inventory and bookkeeping to planning menus and hiring the right personnel, you wear many hats. The hours are long, the profit margins are thin, and the overheads are high, but bringing […]
Essential Steps for Launching a Successful Restaurant Startup There is no one-size-fits-all approach to launching a restaurant startup. But there are steps you can take to maximize your success. Entrepreneurs understand that an establishment’s first few days in business are crucial. Learn how to open a restaurant with TRG. 1. Start With a Concept A […]
Maximizing Your Restaurant’s Potential: A Comprehensive Guide by TRG Restaurant Consulting Managing a restaurant is hard work. In the bustling and dynamic food service industry, you always try to provide a pleasant guest experience while ensuring a positive cash flow after all expenses have been accounted for. A Restaurant Consulting Firm like TRG can make things […]
The Importance of Conducting a Feasibility Study for Your Restaurant Opening a restaurant is a passion project for many. Crafting their own menu, creating a space where people can share meals and strengthen bonds, and having a place to call one’s own are, after all, compelling motivators. However, if you’re an aspiring restauranteur, you shouldn’t […]
Navigating the Restaurant Industry: A Comprehensive Guide to Restaurant Consulting With 749,404 restaurants in the U.S., finding your footing can be challenging. But it’s not impossible. With the expert guidance and advice of restaurant consulting firms like TRG, you can achieve the prime spot in this dynamic sector. Why Invest in Restaurant Consulting Services Opening a […]
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 […]