Opening a new restaurant is challenging. In fact, while the commonly cited statistic that 90% of new restaurants fail in the first year appears to be a myth, there is still a high risk (and high reward!) involved. That’s why every business decision you make needs to be thoroughly considered. […]
According to the U.S. Department of Agriculture, food prices are expected to increase between 1.5% and 2.5% in 2020. That can be scary news for restaurants who are already struggling, but by following these four tips for dealing with rising food prices, you can help your restaurant thrive! Reduce Food […]
While brunch used to be reserved for special occasions like Mother’s Day and Easter, more and more diners are regularly spending money on weekend brunch. Here’s why your restaurant should consider offering weekend brunch service. Lower Food Costs Managing rising food costs is one of the biggest challenges that restaurants […]
Overhead costs got you down? These overhead cost reduction strategies can help you increase your restaurant’s profitability! What is Overhead Cost? In general, overhead cost refers to any ongoing expenses that come with running a business, including everything from rent and utilities to advertising costs and your employees’ salaries. Overhead […]
Takeout business is becoming an incredibly important part of a restaurant’s success or failure. According to the National Restaurant Association, one-third of consumers say that purchasing restaurant takeout is an essential part of their lifestyle. In fact, nearly half of all adults and over 60-percent of millennials use the availability […]
When you own a restaurant, it’s important to keep up-to-date on the different restaurant trends that are dominating the market. Whether it’s food trends, dessert trends, or more general restaurant trends, incorporating what’s popular can help your business thrive. That said, not every trend will make sense for your restaurant. […]
Thinking about starting a food truck business? In the early stages of getting your truck up and running? These tips for starting a food truck business could mean the difference between failing and succeeding!
Even if you haven’t heard the term ghost kitchen, you may have heard the concept referred to by one of its alternative names. Otherwise known as virtual restaurants or cloud kitchens, ghost kitchens are an evolution of the restaurant model that is designed primarily for delivery or catering rather than […]
Does your menu take advantage of popular restaurant trends? If not, you may be missing out on opportunities to keep your diners happy and coming back for more. Here’s what you need to know about adding all-day breakfast items to your restaurant menu. The All-Day Breakfast Menu Trend You Can’t […]
Reducing food waste isn’t just great for your bottom line, it can also help with your reputation. In fact, a recent study showed that over 72% of U.S. diners care about how food waste is handled at the restaurants they frequent. Here’s how to reduce food waste in your restaurant.