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 Importance of Restaurant Design and Branding for Business Success An astonishing number of restaurants fail in their first year of operation. This is partly because they don’t fully understand the needs of their target markets. Polishing your foodservice design and branding can help ensure business success, but building a brand from the ground up […]
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 […]
How Professional Restaurant Branding Can Transform Your Business Establishing a solid restaurant branding image can strengthen your relationship with your patrons and service providers. With no fewer than 749,404 restaurants in the United States, it can be key to developing a competitive edge. But how do you go about it? TRG Restaurant Branding Consultants give […]
Turning Restaurant Concepts into Realities: The TRG Approach to Startup Consulting Having a restaurant concept sparked by creativity, skill, and passion is the beginning of a restaurant dream come true. But how do you transition your vision into reality to effectively minimize industry risks and maximize potential for success? Having a restaurant theme, menu, market, […]
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 […]
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 […]
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 […]