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 […]
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 […]
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 […]
You’ve opened your restaurant, eagerly awaiting the first trickle of customers to start streaming in. They start showing up, singly, in pairs, or in large groups, and they seem happy with the experience. But when they leave, you may never see them again. If you aren’t keeping track of your new customers, you could be […]
Increase Your Restaurant Revenue During Off-peak Hours Snacking is not just for in-between meals – Menu development for the next generation Over the past decade, eating habits are shifting in response to a shift in the American culture and lifestyle. In 2014, Bloomberg did a study that indicated people are spending almost as much […]
There are plenty of studies that will tell you that anywhere between 30 and 40 percent of the overall food supply in the U.S. ends up in landfills. According to a 2014 study, restaurant sector respondents reported approximately 84 percent of food waste was literally thrown away. The impact on profit The report estimates that […]
Photo: Victor J. Blue / Bloomberg Minimum Wage Increase Effects on the Restaurant Industry At a time when minimum wage in the United States varied from $5.15 in Wyoming, to $9.15 in Connecticut, and with the Federal wage set at $7.25, New York made history when they raised their minimum wage to $15.00 (source: […]
There are many great benefits to buying locally grown and raised foods for your restaurant. For one, using local foods will reduce your restaurant’s expenses. The cost of shipping food and higher fuel prices can directly impact a restaurant’s cost of goods and profit margins. Purchasing seasonal ingredients from nearby sources ensures a better product […]
This is one of the most frequently asked questions from restaurant owners and operators; “How can I lower my food and beverage costs?” In this article we will provide 5 effective steps you can take towards lowering your food and beverage costs. This outline encompasses the basic steps needed to get you on the right path […]
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