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 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 […]
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 […]
2019 Restaurant Trends Making Services Automatic (Introducing the Bots): Many restaurants are moving into 2019 and are looking to bots to make most kitchen and service workers obsolete. Yes, this means “poof” people have no jobs. Robots around the world are starting to do amazing things such as producing 120 made-to-order pizzas an hour (more […]
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 is […]
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 […]
One issue that small business owners have grappled with has centered on finding affordable health insurance for their employees. Restaurant owners, as part of a bigger push within the insurance industry, think they’ve found a solution: the Restaurant and Hospitality Association Benefit Trust Health Plan, a brainchild of United Healthcare and the National Restaurant Association […]
Running a Profitable Restaurant When it comes to operating a profitable restaurant, in an industry known for thin profit margins, attention to operational details means everything. Recruiting and retaining the best employees, selecting properly from among a myriad of food and beverage vendors, establishing cost-minimizing operational policies and procedures, identifying and implementing the best […]
As Third-Party Delivery Expands among Restaurants, Customer Base Broadens Move over Domino’s, there’s a whole lot of restaurants doing delivery these days. A recent Los Angeles Times article about an NPD Group study reports an explosion of delivery by restaurants through third-party aggregators such as UberEats and GrubHub. In fact, the industry has seen […]
Operations Analysis It takes so much more than a few outstanding recipes or a single acclaimed chef on the payroll to raise your restaurant’s visibility in the ever-growing dining-out market. With the public being educated by cooking shows that feature some of the world’s most beloved chefs, the bar is now raised, the gauntlet […]