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 […]
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 […]
Our restaurant industry has been met with the most difficult operational challenges in modern time. These changes all happened practically overnight, but the industry’s spirit and determination should not be underestimated. But, speaking with a restaurant consultant on how to deal with COVID-19 mandates can make things a whole lot easier. While dealing with all […]
Food and Beverage is a relative term concerning a large part of the hospitality industry, and what goes into the development of these critical aspects of the bar and restaurant business involves much more than typical startup costs. Whether a corporate bar & bistro, or a privately owned sports pub, the controls used to keep […]
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 […]