Restaurant management

The True ROI of IoT in Foodservice | modern restaurant management

“A penny saved is a penny earned.” No truer words have been spoken by Benjamin Franklin and it’s a mantra that resonates deeply for businesses in the restaurant industry, many of which are in recovery mode amid the COVID-19 pandemic. With exorbitant operating costs and razor-thin profit margins (averaging 3-9%), restaurateurs are constantly looking to […]

Restaurant management

How Assessing the Competition Improves Your Business Plan | modern restaurant management

It may seem like just an excuse to eat out, but learning about your competitors’ food and vibe is key to writing a compelling restaurant business plan. Think about it: you can’t know what your restaurant is up against unless you do some research. Research, in this case, involves visiting, eating, and making lots of […]

Restaurant business

The sky’s the limit for Sudbury entrepreneur’s new restaurant venture

The possibilities are endless for the owner of Sudbury’s newest restaurant. With a business model that could address staffing shortages in the restaurant industry during the COVID-19 pandemic and more than 25 years of experience in the field, Lesley Leclair said the future of her new virtual restaurant depends on his imagination and the talents […]

Restaurant business

How to find customers for your restaurant

The food industry is constantly growing, which means competition can be fierce. In this article, we explore different marketing strategies you can use. to boost your restaurant’s revenue and maintain a stable cash flow. It doesn’t matter if you’re new to this business or you’ve been running a restaurant for years. There are three things […]

Restaurant management

How AI will save the restaurant industry | modern restaurant management

According to a study by the National Restaurant Association Research and Knowledge Group, the restaurant industry will likely look dramatically different by 2030. Within a decade, it could be possible for an individual to approach a drive-thru in a vehicle autonomously, order via an AI-powered voice command assistant and eat food prepared by robots. One […]

Restaurant management

Simple Ways to Recycle Your Outdoor Space | modern restaurant management

If you are a hotel or restaurant business that uses outdoor space, you will know that outdoor furniture and accessories can be devastated by the weather. Challenged by frequent rains, strong winds and humid weather, your exterior design can struggle to stay on point. The good news is that there are several ways to revitalize […]

Restaurant business

Uber and Visa team up for restaurant business grant program

Uber and Visa just announced a new small business grant program to support independent restaurants in 10 cities. The Grants for Growth program is offering $1 million, divided into grants of $10,000 to 100 traders. To qualify, businesses must be active on Uber Eats as of January 1, 2022. Restaurants and food businesses must have […]

Restaurant business

Martha Stewart embarks on the restaurant business

Photo: Shutterstock Martha Stewart embarks on the restaurant business. The multimedia lifestyle guru, known for her perfect table landscapes and righteous recipes, is set to open her first restaurant this spring. Martha Stewart’s Bedford, named after her country farm in Bedford, NY, will make its Paris Las Vegas debut in the coming months, according to […]

Restaurant management

deafness in catering | Modern restaurant management

Although not related to products, our team is involved in catering and having a child working in the industry, I learn ideas that go beyond the products. Over the past several years this includes the challenges that a deaf / hard of hearing person encounters in catering with the progression of my daughter’s hearing loss. […]

Restaurant business

Marketing Strategies That Can Help You Start Your Restaurant Business

(Restaurant press release) You cannot build great things in one day. Many new restaurant owners believe their restaurant concept, exterior / interior design or menu is enough to attract customers. However, with so many dining options available these days, there’s a good chance that there are other restaurants with similar concepts near your restaurant. You […]

Restaurant business

Open a restaurant business? Things to keep in mind Economy News

Today, even thinking about starting something from scratch can feel like climbing a mountain, and rightly so, for the type of competition there are various business niches. However, no obstacle can ever be big enough for those who are determined to build a successful career. There are many who want to build their careers in […]

Restaurant business

The best of foodservice 2021

It’s amazing how much of a roller coaster last year really has been. The year began with COVID challenges and continued political upheaval that turned to hope with vaccines and reopenings and increased sales. And then more challenges and now, unfortunately, yet another push. Journalists from Restaurant Business covered these events every day. As the […]

Restaurant management

Six trends expected to impact restaurants in 2022 | modern restaurant management

Mondelēz International Foodservice has identified key trends that are expected to elevate the foodservice industry in 2022 and beyond. When the pandemic emerged in early 2020, the entire restaurant industry faced rapid and unexpected changes. Across all segments, operators have been forced to quickly adjust their operations, first to stay afloat and then to achieve […]

Restaurant business

They quit working for stars like Diddy to start a restaurant business. Now they’ve won over a million dollars

Pippi Bell Clanton and Gwendolyn Niles both had lucrative daytime jobs working for celebrities. Niles has worked as an executive with Sean “Diddy” Combs, the late Notorious BIG hip-hop artist, and award-winning singers Faith Evans and Janelle Monae for 20 years in Bad Boy Entertainment’s artists and repertoire. Clinton, on the other hand, was a […]

Restaurant business

Track the chains’ comparable store sales? Restaurant Business has you covered

RB+ subscribers will now enjoy an important new benefit: a quarterly results tracking page for publicly traded channels. The Restaurant Business comparable store sales page is the latest in our ongoing commitment to providing you with the best and most comprehensive financial information and analysis. The page can be navigated by calendar quarter. The data […]

Restaurant business

Waterbury State Representative to step down to focus on restoration

A screenshot of Representative Tony D’Amelio speaking on the floor of the House in June, courtesy of CTN Representative Tony D’Amelio will leave the state legislature at the end of the month to focus on his family and his restaurant business, the Republican of Waterbury said in a press release on Tuesday. First elected in […]

Restaurant business

Impact of COVID and its aftermath on restaurant businesses in Canada

La Falaise restaurant and bar COVID has brought a lot of changes to the way people eat, they’ve taken a big bite out of restaurant businesses in Canada. The Covid pandemic has taken a big bite out in the restaurant business, but with the holidays and the New Year ahead, we can see a reversal […]

Restaurant management

Business Models for Offsite Sales (Sponsored Post) | modern restaurant management

No matter what kind of restaurant you own, what kind of food you serve, or what regular customers come through your door, you need to focus on making door-to-door sales a key aspect of your restaurant business. Restaurants are unique and as such need a unique approach to offsite sales. Fortunately, there are a number […]

Restaurant business

The luckiest man in catering is from Tarpon Springs

Nick vojnovic develops restaurant chains. The former president of Beef ‘O’Brady’s is now president of Little Greek Fresh Grill and also of Green Market Cafe. In 10 years, he expanded Little Greek from four restaurants in two states to 44 in six states. He received the 2021 Silver Plate Award from the International Food Service […]

Restaurant management

The management of the Edison restaurant in conflict with the Fort Myers city council

The owners of two well-known and established restaurants in Fort Myers are battling over who will operate the venerable Edison Restaurant at the Fort Myers Country Club. A recommendation from City Manager Marty Lawing that the restaurant be turned over to the owners of The Standard restaurant was rejected by City Council. Lawing recommended to […]

Restaurant management

Four Ways to Reduce Burnout and Improve Employee Retention | Modern restaurant management

The high turnover common in the restaurant industry has only accelerated in the past nine months. During the first months of the COVID-19 pandemic, many restaurant chains saw their activity decline and had to lay off or reduce the hours of their employees. Longtime food and hospitality workers left the industry, choosing to seek positions […]

Restaurant business

A round of golf brings lifelong friends into the restaurant business (9 photos)

A chance encounter at a game of golf sent a pair of lifelong friends on a new career as restaurateurs. Matti Legault and Kevin Nadeau have owned Matti’s Family restaurant for about four years. An iconic restaurant for Timmins residents and visitors, the restaurant is located at the Esso Truck Stop on the western outskirts […]

Restaurant management

Leveraging IoT Solutions to Protect Profit Margins | modern restaurant management

With profit margins averaging 3-9%, restaurants are continually looking to cut costs. How do restaurateurs find efficiencies to minimize costs without degrading quality or service? The industry has since entered recovery mode, but returning to pre-pandemic levels will not be easy. Consumers have shown interest in returning to restaurants, but it’s a slow march, not […]

Restaurant management

How Restaurants Can Avoid Friendly Fraud | modern restaurant management

For the hospitality industry, the last 18 months have been very difficult. Walk down any street, in town or downtown, and there are still many “closed” signs on the front of restaurants and other service businesses. Many small business owners have added online storefronts and delivery services to help sustain their business despite in-store customers […]

Restaurant management

Control What You Can: Risk Reduction and Restoration Technology | modern restaurant management

Controlling variables in the restaurant industry can feel like a mole game if you don’t have the right tools at hand. Especially at a time when the industry is in flux due to the pandemic, it can seem harder than ever to juggle things like food cost, maintaining full shifts, and food safety. Fortunately, controlling […]

Restaurant business

How Crypto Ecosystems Solve Financial Constraints in the Restaurant Industry

Catering is one of the most coveted niches, given the opportunity to become your boss and create jobs for others. This booming industry is the bread and butter of most families in the United States, with more than 9.9 million people employed in various restaurants, according to the United States Bureau of Labor Statistics, National […]

Restaurant management

From a spark to a flame | modern restaurant management

Clay Murphy has always been bold. You can hear it in the way he talks these days – proud and declarative and maybe even a little brash – and that confidence was definitely a trait he had already acquired by the time he hit his twenties. So maybe it wasn’t so shocking that one day […]

Restaurant management

The second time is the charm | modern restaurant management

Second-generation dining spaces are an increasingly popular and attractive option for landlords and tenants. The restaurant business is not for the faint of heart. It’s no secret that setting up a new restaurant is a tall order, with a high entry bar that includes formidable logistical and financial hurdles. From site selection to building a […]

Restaurant business

The American Dream: Chris Pappas builds on his family’s success in the restaurant business | Northwest Indiana Business Titles

Chris Pappas is Chef / Owner of the Meraki Hospitality Group. Chris Pappas is Chef / Owner of the Meraki Hospitality Group. Chris Pappas is Chef / Owner of the Meraki Hospitality Group. Chris Pappas is Chef / Owner of the Meraki Hospitality Group. Deborah Laverty in Business Correspondent Chris Pappas credits his father, a […]

Restaurant management

Advantages and disadvantages of contactless payment methods in restaurants | modern restaurant management

Due to the COVID-19 pandemic, it was essential to reduce frequent touchpoints in physical stores, including restaurants, bars and cafes. In bathrooms, it is increasingly common to see paper towel dispensers, hand soaps and touchless air dryers. Another contactless feature that many restaurants are adding to their operations is payment methods. More and more alternatives […]

Restaurant management

Sales Compositions: Analysis of Food Costs and Prices | modern restaurant management

Below is an excerpt from The Business Side of Restaurants: How Intelligent Restaurant Business Entrepreneurs & Investors Can Lead, Win and Make More Money in Life by Clifford K. Bramble. Each item sold within a company contributes to the item sales product line. The goal is to make sure they all work in unison to […]

Restaurant business

Radio personality DJKY on the restaurant business and why Cleveland is cool

Radio personality DJKY started his DJ career at age 17 when he was still a high school student known as Kyler Smith. He was soon throwing parties for thousands of high school students. From the start, DJKY was organizing his events using new techniques that were new to his hometown of Cleveland. As a 21-year-old […]

Restaurant business

Helpful Ways to Improve the Operation of Your Restaurant Business

To be successful in your restaurant, you need to make sure that all operations are streamlined When it comes to restaurants, day-to-day operations are what keep it in good working order. With the pandemic that has taken place, all restaurateurs are now more open to new business models and are streamlining their operations to be […]

Restaurant business

This past terrible year could change the restaurant industry for the better | Opinion

By Peter Sedereas So much has been written about the challenges those of us in the restaurant business have faced over the past year. Like so many industries, the pandemic has taken a toll on our customers and staff, making things we took for granted that much harder. And yet, in some ways, many of […]

Restaurant business

How to write a business plan for a restaurant

the catering business project is a crucial first step in turning a restaurant idea into a real business. Without it, investors and lenders will have no way of knowing if the business is feasible or when the restaurant will become profitable. Business plans span dozens (or even hundreds) of pages, and because of the stakes […]

Restaurant business

Building a Future-Ready Catering Business in the UAE: How to

Opinions expressed by Contractor the contributors are theirs. You are reading Entrepreneur Middle East, an international franchise of Entrepreneur Media. The COVID-19 pandemic has impacted all sectors, with one of the hardest hit being the restaurant industry. Therefore, now more than ever, restaurants are looking for ways to optimize costs in an effort to increase […]

Restaurant business

Roseville catering business considers opening during COVID-19

Roseville business owners talk about overcoming the challenges of COVID-19 over the past year and a half. ROSEVILLE, Calif. — Starting a business will always be a risk, but putting in the work to get there has never been riskier than during the pandemic. In this quarter alone, the City of Stockton reports that more […]

Restaurant business

Restaurant Business wins 10 Neal Awards

Illustration: RB Staff catering companyhas the best website for an industry publication of its size, according to the 67th annual Jesse H. Neal Awards announced Wednesday, in which the publication won nine additional awards. the RB the staff also won Neal Awards for Best Subject-Related Package (Evolving Kitchens), Best Art Direction for a Single Article […]

Restaurant business

Is Tesla’s Elon Musk getting into the restaurant business?

Photography: Shutterstock Three years after Tesla CEO Elon Musk said his company planned to open an ‘old-fashioned drive-in’ restaurant at one of its electric car charging stations, Tesla filed an application brand to use its brand in connection with the restaurant industry. the Deposit mark, filed late last month with the U.S. Patent and Trademark […]

Restaurant business

‘Mindfreak’ magician Criss Angel dives into the restaurant business in Overton

Criss Angel, the Freak magician with a show at Planet Hollywood Resort, goes into the restaurant business. Angel bought Sugar’s Home Plate for $280,000 about 65 miles northeast of Las Vegas in Overton, Nevada, with a fast and casual rate. Angel discovered the restaurant while mountain biking with his family in the Moapa Valley near […]

Restaurant business

Restaurant Business is a finalist for 14 Jesse H. Neal Awards

Image court catering company was named a finalist Monday for 14 Jesse H. Neal Awards, including Best Media Brand and Best Website, after a year in which the restaurant industry has been hit with an unprecedented challenge as the coronavirus drives closures widespread dining halls and threatened the existence of thousands of locations. The awards […]

Restaurant business

From the Publisher: Introducing Restaurant Business Subscriptions

For much of the past three years, catering company took a trip. We have improved our coverage on RB Online. We have added newsletters such as The Bottom Line, Tech Check, QSR Update and updated our regular newsletter. We’ve added podcasts, hosted by RB’s roster of expert editors, including “A Deeper Dive”, “Menu Feed”, “Buzzworthy […]

Restaurant business

TravelCenters of America completes sale of self-catering business

WESTLAKE, Ohio – TravelCenters of America Inc. (TA) is no longer a stand-alone restaurant business. The travel center operator has completed the sale of 42 locations primarily under the Quaker Steak & Lube brand for aggregate proceeds of $5 million. “This strategic divestment is an important step in supporting TA’s strategy to be a more […]

Restaurant business

It’s a lockdown for us as the catering industry is closed today: Anurag Katriar, Chairman, NRAI

We were one of those industries that were quite on their own and nothing changed, Anurag Katriar says in an interview with ET Now. Edited excerpts: ET Now: What is the impact of the second wave of COVID and all the curfews and restrictions that have been imposed on the restaurant industry? The wave itself […]

Restaurant business

A couple embarks on the restaurant business

A prolific home cook who spent years in the restaurant business as an administrator mixes his talents to create “eclectic comfort food” at his own restaurant. Stefen Bosworth and his partner Ron Rois have roots in the Pacific Northwest, although they have spent the past 25 years living and working in the Chicago area. In […]

Restaurant business

The best restaurant business loans for 2022

Get unrestricted funds and round-the-clock loan approvals combined with responsive customer service. Fora Financial is a direct lender providing working capital to small business owners, including restaurant owners and food truck owners. Its one-page application and quick approval process make Fora Financial the best overall provider of restaurant business loans. With a short-term loan or […]

Restaurant service

No more dining on site, but in-car dining service is available in Kuwait

The Covid-19 brings many changes in our lives. The world before Covid-19 and the world after it are different in many ways. One of those changes is the in-car food service that was launched in Kuwait, after the Middle Eastern country previously banned restaurant-dining, in a bid to stop the outbreak of the Covid-19 virus. […]

Restaurant service

Port Washington’s H on the Harbor Restaurant Turns to Food Service

Alan Feinstein wasn’t expecting much when, late last year, he transformed his Port Washington restaurant, H on the Harbor, into a restaurant. “We were opening a new restaurant in a remote location in the middle of a pandemic,” he recalls. “Does this sound like a good idea?” “ Apparently it is. It is only open […]

Restaurant business

Neiman Marcus uses creativity to resurrect its restaurant business

Neiman Marcus is rebuilding its 60-plus-year-old food business after its restaurants closed for eight months last year. Kevin Garvin, a 26-year veteran of the Dallas-based luxury retailer, said restaurants in stores are slowly reopening and staff have turned to online cooking videos with dinner delivered ahead of time, corporate food giveaways, cocktails to go and […]

Restaurant business

Hunger for Normalcy – Oswego County Business Magazine

Lean times for restaurants across the state, country By Lou Sorendo Dustin Trimble is the general manager of The Eis House in Mexico: “It’s a little scary. The whole goal right now is just to break even. Restaurants could be among the first permanent victims of COVID-19. As new cases of coronavirus infections rise across […]

Restaurant business

Sun Capital exits catering

,Friendly’s should be liquidated by the end of the year. In the process, it will take private equity group Sun Capital further into the restaurant industry. According to the Wall Street Journal, the investment firm is expected to enter 2021 with just one restaurant chain, Smokey Bones, still in its fold. This too will eventually […]

Restaurant business

Chains are increasingly taking over catering

Photo courtesy of Domino’s During his company’s third-quarter earnings call this week, Domino CEO Ritch Allison provided an unfortunate dose of reality regarding an important segment of its competitive base: the on-site independent pizza concept. “None of us want to see independent restaurants close due to the pandemic,” he said. “We love to compete and […]

Restaurant service

Houston service workers struggle as coronavirus disrupts bar and restaurant service – Houston Public Media

A sign on the door of the Midtown bar Axelrad, announcing its closure. Bars and nightclubs are closed in a bid to stop the spread of coronavirus, and restaurants have been told to limit service, leading to layoffs and uncertainty among service workers. Lonne Martinec worked for a Goode Company restaurant for almost nine years. […]

Restaurant business

The restaurant industry in New York is much more than the center of the plate

Cars driving along West 43rd Street near Times Square, Midtown Manhattan, New York City Getty The restaurant business in New York is unlike any other business in the world. The rent structure, volume of business, minimum wage pay scale, spotlight and notoriety, third-party online ordering, celebrity chefs and delivery platforms, and ever-increasing regulations established by […]

Restaurant business

Four Industry Trends to Boost Your Restaurant Business | modern restaurant management

Growing your restaurant business means being ready for a changing market. The demand for catering services is often dictated by the economic health of a region. When households have extra income, they eat out more often, and the National Restaurant Association has found that 2019 is expected to see continued sales growth. However, restaurateurs can […]

Restaurant business

The future of catering, in 3 IPOs

A national restaurant chain has not gone public in the United States through traditional channels since 2015. But that doesn’t mean the industry isn’t a priority for investors. Indeed, a trio of recent initial public offerings paint a picture of the evolution of the restaurant industry. These deals – plant-based burger maker Beyond Meat, delivery […]

Restaurant entrepreneur

Jordan Wright, restaurant entrepreneur, trades his corporate career for a barbecue

A Christmas present seven years ago helped fuel Jordan Wright’s entrepreneurial spirit. “My father bought me a [Big] Green Egg, ”said Wright, who left a corporate career in 2017 to devote himself entirely to an aspiring food and beverage company, Wright’s Barbecue. “But the only rule was I could never talk about all of chemistry […]

Restaurant entrepreneur

A young restaurant entrepreneur has his eyes on the future | News, Sports, Jobs

TR FILE PHOTO Garrett Goodman, from Marshalltown, owns the Flying Elbow, 35 N. Center St. The building housing the restaurant was destroyed in the July 19 tornado and was demolished last week. The July 19 tornado brought down Garrett Goodman’s business, but not. After demolition, only the basement walls of The Flying Elbow, 25 N. […]

Restaurant business

Why private equity is good for the restaurant industry

Private equity investors can be infuriating. They have limited timeframes for ownership, which can come with a short-sighted view of a company’s future. They sometimes decide that a brand is better off as a cash cow than a brand that was primed for growth, keeping it alive only to pay off the huge debt, used […]

Restaurant business

Is Spyce the future of restoration?

What happens when four MIT graduates start a restaurant? The answer could very well be Spyce, a single restaurant in Boston that serves a selection of $7.50 bowls. This single-unit chain received $21 million in funding last week from a pair of high-profile investment funds and some well-known chefs, despite only having one location open […]

Restaurant business

How catering works

When I was little, I loved going to restaurants. In fact, forget it: I still love going to restaurants! It’s not just the food – the whole idea of ​​a restaurant, with people coming together and professionals creating the perfect atmosphere, really excites me. For a long time, I wanted to run a restaurant to […]

Restaurant business

Business Plan Restaurant: 8 essentials for success

Remember that with so many components in your restaurant operations, you may be overlooking certain areas that can severely cripple your business. Therefore, keep in mind the ways to fail in restaurant management and be sure to avoid them. 6. Labor Management How many people do you need to hire for your restaurant? You need […]

Restaurant business

What to consider before starting a restaurant

The restaurant industry is huge, with lots of profits for everyone. However, owning a restaurant requires knowledge of location, menu, hours of operation and more. It also involves creating a solid business plan that not only outlines how you plan to succeed, but also includes plenty of research and an understanding of your potential competitors. […]

Restaurant business

5 Pros and Cons of Scaling Your Restaurant Business

Before you sign on the dotted line for a new location, consider these pros and cons of scaling your restaurant business. November 23, 2015 By Marc Glazer, BFS Capital Every restaurant owner wants to run a successful business, but the most ambitious dream of one day expanding beyond a single location and a handful of […]