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 […]
A New Restaurant Concept Development Can Transform Your Restaurant Vision Into a Successful Reality Many aspiring restauranteurs might have heard the horrifying statistic that 90% of all new restaurants fail in their first year. That’s a gruesome figure that can put you off the idea of operating a restaurant entirely. But that horror story is […]
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 […]
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 […]
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 […]
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 […]
In 2023, the restaurant industry faced challenges and opportunities in the lingering aftermath of the COVID crisis, with the impact further shaped by emerging 2023 food trends. As the public welcomed a new sense of normalcy, restaurants scrambled not just to survive but also to grow and recover from the impact of the setback. The […]