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, […]
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 […]
Food Trends Going out to eat is more popular than ever. In recent years, restaurant spending has outpaced grocery spending for the first time in history. Restaurants that do well to attract customers usually emphasize the economical and convenient aspects of their foods and food services. Some of the highest grossing restaurants include McDonald’s, Subway, […]
Why You Should Have a Feasibility Study Before You Start a New Restaurant A charming Italian restaurant full of warmth, laughter, and the best of Italian cuisine. That might be your dream, complete with a location picked and the money set aside. It is an amazing dream, but is it practical? That’s the purpose of […]
Restaurant Sustainability Can you imagine adding up all the food wasted at your favorite restaurant in one day? Multiply that by seven days. And now by 30 days. Could that not be donated to your local charity to help the starving? Maybe multiple charities? Could the amount of waste not be decreased, so […]
Restaurant Employee Training If you run a restaurant, then you already know the importance of a well-trained staff. While there’s going to be a learning curve for new employees, the most important thing you can do is make sure that the training you provide will actually give your new hires the skills they need […]
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 […]