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 […]
Restaurant Feasibility Study Starting any project or venture in the restaurant industry is a massive risk, and failure is common. Luckily, there is a way to pre-check the potential success of a new restaurant; it is called a feasibility study. As the name suggests, a feasibility study examines whether or not a project is feasible […]
Restaurant Consumer Trends 2017 Mid Year Review Now that we’re halfway done with 2017, it’s time to take a look both backward and forward at trends dominating the restaurant industry. Here’s what we’ve noticed is both hot and not in 2017: Comfort food revival is more important than ever. Consumers are highly interested in modern takes on […]
In Part 1 of this two-part post, we talked about how to decide if your restaurant is ready for a face lift. If you’re still reading, congratulations! You’re ready to modernize your business. Don’t start picking out paint chips and fabric swatches just yet, however – the best renovation plans are only complete with a […]
Established business owners sometimes feel that updating or renovating their restaurant space is an unnecessary expense. After all, if it’s not broken, why fix it? However, you could be losing business if it has been more than five or six years since you’ve changed up the customer experience at your restaurant. If you think you […]
According to Restaurant Startup & Growth magazine, close to 25% of restaurants fail in their first year of operation. One way to mitigate the risk of restaurant ownership is to conduct a feasibility study before the business opens. A feasibility study examines an idea, identifies potential issues, and attempts to determine if you should proceed […]
The culinary scene in 2016 was all about matcha, food trucks, and farm-to-table. As the year comes to a close, it’s time to look forward to what your clientele will be asking for in 2017 restaurant trends. Smarter Restaurants From guest-facing digital ordering systems to takeout platforms catering to busy individuals, many modern restaurants […]
Beverage Trends – Coffee Are You Offering Fresh Coffee? Is your drink menu full of only standard options and written in at the bottom of your menu corner? If so, you may want to consider adding in coffee, or a few coffee options, to join the growing market of restaurants that feature coffee as an […]
Today’s Restaurant Industry Ingredient, design, and culinary trends are not new to the restaurant industry, but with today’s rapidly evolving tastes and diners who are quick to share their experiences, chefs and restaurant owners need to be steadily aware of new trends coming into play. Here are the current movements shaking up today’s restaurant industry: […]
Despite this wildly contentious election, the state of our nation has been improving and continues to do so. The economy is steadily growing, unemployment is down, and banks are loaning again, but eight years out of The Great Recession where are we in the terms of the restaurant growth? As the capital has once again […]