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 service

Hurry for catering service models

Reading time: 5 minutes Embracing quick service business models is key to continued success in the restaurant industry The restaurant industry has faced its fair share of trials and tribulations since the onset of the COVID-19 pandemic, with establishments forced to adapt to government restrictions and strict health guidelines on the fly. Many restaurants have […]

Restaurant management

This startup is developing a restaurant management platform using machine learning and computer vision technology for restaurants to see where food orders are going wrong

Artificial intelligence has taken over a variety of businesses, with the restaurant industry being one of the latest to do so, due to the global pandemic and the need to convert to online ordering. This demand is only increasing. According to the market research report, the global restaurant management software industry is expected to grow […]

Restaurant management

The Restaurant Owner’s Dilemma in 2022: Automation Vs. Hospitality | modern restaurant management

In 2022, the restaurant industry stands at a kind of crossroads or, to put it in a more 21st century way, the industry has reached a turning point. Restaurants were already getting more high-tech before the COVID-19 pandemic hit, but once it did, the adoption of solutions like contactless ordering and payment methods became a […]

Restaurant management

Restaurant owners foresee a bright future as gastronomy goes vegan | modern restaurant management

We are witnessing the evolution of gastronomy. Surprisingly, veganism is one of the main catalysts of this culinary transformation. Beginning as a whole-grain diet for radicals, vegan food culture has become a Michelin-star-worthy mega-trend for aspiring chefs and culinary experts. These days, vegan food is becoming common in restaurants and fast food outlets. Future Market […]

Restaurant management

Modern Restaurant Design Trends Shaping the Industry | modern restaurant management

The past few years have been pivotal for restaurants, as owners and operators have had to adapt and modernize rapidly alongside changing climates and consumer demands. It’s been a roller coaster ride for restaurant management, as challenges like staff shortages and mask mandates have made it difficult to keep the business alive and booming. While […]

Restaurant service

Twins fought waiter and shot him in the head during food service: police

Two sisters are facing attempted first-degree intentional homicide charges after they allegedly fought and shot a waiter at a restaurant in Wauwatosa, Wisconsin. The Jan. 30 incident reported to Wauwatosa police is one of the latest examples of violence targeting restaurant industry employees at a time of widely reported labor shortages and service disruptions. supply […]

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 service

Best catering service | Food and Beverage News | St. Louis | St. Louis News and Events

When you think about the impact COVID-19 has had on the restaurant industry, no part of the business seems more negatively impacted than fine dining. In these days of transportation and sidewalk dining where interactions with restaurants have become almost entirely transactional, the pomp and circumstance of dining on a white tablecloth with lovable waiters […]

Restaurant business

The restaurant industry will probably never recover from Covid

The trade group says 2022 will be a ‘new normal’ for the sector as it struggles to rebound and competition for workers remains intense, according to the association’s 2022 State of the Industry report. restoration, published on Tuesday. “Restaurants and their customers have found themselves in a ‘new normal’. Given emerging technology, changing consumer behavior […]

Restaurant management

Potential Growth of $2.95 in Restaurant Management Software Market | More than 17,000 Technavio reports

Parent market overview Technavio classifies restaurant management software as part of the global application software market within the global computer software market. The global computer software parent market covers companies engaged in the development and production of application and system software. The global application software market covers companies engaged in the development and production of […]

Restaurant management

Is your ghost kitchen haunted by food safety violations? | modern restaurant management

The restaurant industry continues to face pandemic-related issues, including supply chain disruptions, new COVID variants and rising cases, labor shortages, rising prices and changes in consumer demand. As a result, ghost kitchens, delivery-oriented kitchens with no display cabinets or dining areas, are gaining popularity. Ghost kitchens allow operators to use commercial kitchens – sometimes in […]

Restaurant management

How tech tools are helping restaurateurs do more with less | modern restaurant management

Ensuring customers experience true hospitality is like running a successful restaurant. Thanks to restaurant technologies, it is possible not only to provide a superior customer experience – the heart of hospitality – but also to take things to the next level. Yes, the importance of a good customer experience has always been essential. However, between […]

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

Why data science is more important than ever | modern restaurant management

It goes without saying that our industry has been one of the hardest hit industries in the world during the COVID-19 pandemic, as it has fundamentally shifted in four directions at once. Supply chain issues that have intermittently plagued other industries have also left restaurants scrambling, with everything from takeout cups to chicken wings missing, […]

Restaurant management

Nigerian restaurant management platform Orda lands $1.1m and wants to be the toast of Africa – TechCrunch

Cloud-based POS for small, medium and large restaurants has increased Verry much in size and popularity. The market, dominated by incumbents such as Toast and up-and-coming players such as MarginEdge and Brazil’s Zak, is valued at over $70 billion worldwide and should to reach $116 billion over the next four years. As with most technologies, […]

Restaurant management

Bringing loyalty to the new normal level and beyond | Modern restaurant management

The pandemic has called into question the relationship between the restaurant owner and the customer. Brands that have shifted to a more customer-centric approach understand that loyalty is earned, not sold. Modern Restaurant Management (MRM) magazine asked Suzi Tripp, VP of Insights at digital transformation firm Brooks Bell, how restaurant loyalty programs are evolving and […]

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

One-off decisions are detrimental to catering: President of the NRAI

Indian restaurant companies are protesting against nightly curfews, random closings and seat restrictions in the wake of the Omicron wave. In a letter to the Prime Minister on Thursday, the National Restaurant Association of India (NRAI) called for a more scientific policy for restaurants and longer opening hours. In an interview, Kabir Suri, president of […]

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 entrepreneur

Restaurant Entrepreneur Fulfills Ownership Dream with Pizza Factory

Through: Pizza factory | 1 actions 47 readings Tech Guru to Develop Pizza Concept Across Central Valley, Expanding Footprint on West Coast December 29, 2021 // Franchising.com // CENTRAL VALLEY, California – California is known to many as the “Dream State”. For Luis Marquez and Sandy Perez, the dream of owning their own pizzeria is […]

Restaurant management

Diversification of the franchise portfolio: trends take shape in 2022 | Modern restaurant management

The COVID-19 pandemic has caused a lot of chaos and accelerated several trends within the restaurant industry. From full service to casual fast food brands to old fast food brands, the only constant was disruption. Many brands have been able to take advantage of blocks and social distancing commands by shifting operations to drive-thru, delivery, […]

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 management

Is contactless forever? | Modern restaurant management

The COVID-19 pandemic has brought endless changes to the restaurant industry, but perhaps most important has been the rise of the contactless restaurant experience. The pandemic has forced restaurants to adapt not only to a new, leaner business model, but also to new consumption behavior. With customers opting for alternatives to on-site dining, restaurants have […]

Restaurant business

Food technology brings automation to the restaurant industry

The coming year will be a year of success around all of the food robotics hype that was created in 2020 and 2021. In 2022, the reality will be that the shortage of manpower in restaurants n It’s not a fleeting problem, although it may become less acute. than it had been during the height […]

Restaurant management

NCR Reveals Hospitality Trends and Forecasts for 2022 | Modern restaurant management

Restaurateurs once again find themselves refocusing their priorities and changing their plans for 2022. Here are some trends that NCR is watching as we approach 2022. Tackle the labor shortage with hiring incentives As sales tend to increase, the National Restaurant Association reports that three in four operators say recruiting and retention is their most […]

Restaurant management

Snappy receives $ 2 million to advance restaurant management technology

Snappy powers more than 1,500 restaurants in eight countries and more than 30 cities. Toronto-based Snappy has secured C $ 2 million from Celtic House Ventures and existing investor Celtic House Asian Partners. Founded in 2016, Snappy provides restaurant management technology for customer touch points including point of sale, online ordering, loyalty programs, reservations, waiting […]

Restaurant management

Snappy, a Provider of Easy-to-Deploy, Digitally-Driven Restaurant Management Software, Closes $ 2 Million in Top-Up Funding to Continue National Expansion

TORONTO, December 7, 2021 / CNW / – Snappy, an easy-to-deploy, digital-first restaurant management software as a service (SaaS) provider, today announced that it has lifted $ 2 million in a follow-on financing led by Celtic House Venture Partners, with the participation of its existing investors, including Celtic House Asia Partners. Snappy’s software powers more […]

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 business

How the Covid pandemic took a big bite out in the restaurant industry

Known for its fine dining and informal vibe, Indigo Delicatessen, or Indigo Deli, has flourished in metropolitan Mumbai with nearly 10 outlets dotted around the city. Then came the pandemic, devastating industry after industry. And the restaurant industry has taken a direct hit. Indigo Deli has been reduced to three outlets. “I didn’t want to […]

Restaurant management

Restaurant Management Software Market Expected to Grow 14.04% CAGR: Key Drivers, Challenges and Trends

Digital payments in the restaurant industry, which is a key trend in the restaurant management software market, has been gaining momentum as it reduces the incidence of internal thefts and increases the number of online orders. Digital payment solutions are highly preferred by various businesses to improve day-to-day processes and gain a competitive advantage over […]

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 management

Global Restaurant Management Software Industry To 2025 –

Dublin, December 02, 2021 (GLOBE NEWSWIRE) – The report “Global Restaurant Management Software Market 2021-2025” has been added to ResearchAndMarkets.com offer. The publisher is monitoring the restaurant management software market and it is poised to grow by $ 2.95 billion in the period 2021-2025, growing at a CAGR of 14.04% during the period forecast. Restaurant […]

Restaurant business

UPXP leverages blockchain to revolutionize the restaurant industry

Enjoy your food, earn crypto UPXP Logo Breakthrough crypto project, UPXP, poised to challenge the status quo by bridging the gap between restaurant businesses and their customers Let’s break the rules together” —UPXP NEW YORK, USA, November 24, 2021 /EINPresswire.com/ — It looks like an unprecedented time in the global restaurant industry with the urgency […]

Restaurant management

2021: a year of navigation shortages | Modern restaurant management

It has been a difficult year for the restaurant industry. Restaurants have faced labor shortages, supply and equipment shortages, and rising food prices, without any manuals on how to weather the crisis. In other words, best practices are created in the moment and shared with others as collaborative ideas. Even as COVID-19 is increasingly controlled, […]

Restaurant management

Leading Restaurant Management Platform MarginEdge Expands Integration with Square

FAIRFAX, Virginia, November 16, 2021 / PRNewswire / – MarginEdge, the leading restaurant management platform, today announced that it has partnered with Square to offer extensive integration, making it easy for customers to drive daily sales, giving a complete picture of their P&L, budgets, daily controllable plates. costs and inventory tracking. The powerful combination of […]

Restaurant management

restaurants go digital to attract and retain talent | Modern restaurant management

Frequent staff turnover has long been an issue in the rapidly changing restaurant industry. Now, with the added pressure of the pandemic and the resulting labor shortages, the challenge has come to the fore. To recruit new talent and ease the pressure on existing staff, restaurant managers are looking for new ways to streamline their […]

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 management

Pandemic Financial Strategies for Restaurants | Modern restaurant management

For restaurateurs to enjoy the greatest financial and tax benefits, it’s important to assess individualized goals and decide what works best for your business. Working with an accountant familiar with the restaurant industry can be a crucial step in ensuring your restaurant survives COVID and is equipped to deal with any future crises. Financial improvement […]

Restaurant management

How can I streamline inventory management? | modern restaurant management

This edition of MRM’s “Ask the Expert” features advice from Buyers Edge Platform. Please direct questions to Barbara Castiglia, Editor-in-Chief of Modern Restaurant Management (MRM) magazine, at [email protected] Inventory is one of the most tedious processes in restoration operations. Chefs spend countless hours counting inventory, purchasing new ingredients, and researching more cost-effective substitutions for canceled […]

Restaurant management

Top Delivery and Takeout Trends | modern restaurant management

Diners are questioning their vacation plans, according to the third installment of BentoBox’s restaurant delivery consumer trends report. The year-long study tracks changes in U.S. consumers’ delivery and takeout habits through the COVID-19 recovery. Sixty-four percent of diners are very or somewhat likely to change their eating habits over the next few months given the […]

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 management

Using technology to fight the labor shortage | modern restaurant management

Every industry has felt the impact of labor shortages during the pandemic and now, as recovery efforts are underway, companies are struggling to recoup their employees quickly enough to meet the rising demand. request. Particularly affected by the shortage of staff, restaurants are struggling to overcome the employment crisis, with staff shortages felt in both […]

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 business

Top 5 Technologies Used To Create A Robust Solution For Catering Businesses

Mobile app development has taken the whole world by storm, don’t you think? Today, every successful entrepreneur has a feature-rich mobile application; it helps them promote their business, reach more customers, interact with them and keep their brand in the current trend. All the app stores are inundated with billions of apps that users can […]

Restaurant management

Outside the Four Walls: A Sudden Change in Behavior | modern restaurant management

In February 2020, the restaurant industry was on a long, slow march towards digital sales growth. As a percentage of overall sales, digital averaged about five percent. Some leaders, including brands like Wingstop, Chipotle, Starbucks and others, following early investments in digital customer experience, were already seeing well above average digital sales numbers and were […]

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

MarginEdge, a restaurant management software company, raises $18 million – TechCrunch

MarginEdge announced Monday that it has raised $18 million in Series B funding to give restaurant owners a real-time view of their costs. Co-founder and CEO Bo Davis founded the company with Roy Phillips and Brian Mills in 2015. Both Davis and Phillips are restaurant industry veterans: Davis was previously the founder of the sushi […]

Restaurant management

Restaurant hiring in today’s reality | modern restaurant management

Every restaurant owner, operator, and manager is currently wondering: how do you hire restaurant workers in today’s job market? It’s increasingly difficult to recruit, attract, hire and retain employees, but some information can help you navigate a difficult work landscape. The labor shortage in restaurants The restaurant industry is busy again, with full indoor capacity […]

Restaurant business

5 Social Media Marketing Strategies For Your Restaurant Business

Bernadine Racoma, Content Manager at WorkSmartr.com, examines how restaurant businesses can harness the power of social media. A knowledgeable restaurateur will invest effort and resources to build a strong social media presence for the brand. Guests are online and will most likely be talking about your food and service. It is impossible these days for […]

Restaurant business

The pandemic has turned the situation around in the restaurant industry

It’s no secret that the restaurant industry has changed during the pandemic. At first, mandatory business closings interrupted indoor dining, then social distancing prevented restaurants from filling and turning tables, the traditional model of revenue generation for the industry. Instead, restaurants have adapted to take out and delivery services, changing the economy of the business, […]

Restaurant service

Restaurant service provider 86 Repairs raises $ 7.3 million in latest fundraiser

Daniel Estrada says his company’s resilience often resonates with investors. Want more news like this every day of the week? Receive the MiBiz Morning Edition newsletter for free. As CEO and co-founder of 86 Repairs Inc., a service provider that streamlines the end-to-end repair and maintenance process for restaurants, Estrada’s business increased sales 146% from […]

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

“Customers will have to learn that the restaurant industry will never be the same”

– Jose Duarte, Tambo 22 The pandemic has revealed how financially vulnerable many restaurants are and our margins are ridiculously thin. Many in our industry only work with vapors and in fact earn no real income. The best of us make single-digit profits while other industries operate on 20-50% margins. Restaurants are an old-fashioned, labor-intensive […]

Restaurant business

The value of mentorship in the restaurant industry

No one knows exactly when or where the first restaurant appeared, but the business model has existed in various forms since ancient times. Generation after generation have worked to bring food and drink to market, refining and innovating along the way. Today’s restaurant industry rests on the shoulders of those who came before us. And […]

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

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

Restaurant Association of Maryland CEO: Cicadas unlikely to harm restaurants

@BryanRenbaum Many Marylanders are growing increasingly concerned about the prospect of millions of small, harmless insects known as cicadas flooding the state in the coming weeks, but the president and CEO of the Restaurant Association of Maryland is not one of them. In fact, Marshall Weston said Wednesday that he hadn’t heard “any restaurant expressing […]

Restaurant business

Boost Your Restaurant Business With Five Local Marketing Tips | modern restaurant management

The pandemic has ravaged many businesses across the country and few industries have been hit harder than the restaurant industry. Thousands and thousands of restaurants have been forced to close for safety reasons, some permanently. Now more than ever, restaurateurs need to improve restaurant management to survive these uncertain times. Consumers and customers have changed […]

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

How Tom Collichio and Other Chefs See the Future of Dining

Over the next couple of weeks, we’ll be posting a series of interviews with thought leaders from a number of industries about the impact of COVID-19 and, more importantly, the improvements they plan to make. last long into the future. Get to know post-pandemic America. Chefs are basically inventors. They take disparate parts, subject them […]

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

Michigan eases restaurant and COVID-19 business restrictions

Restaurants can accept twice as many restaurants, shops and businesses indoors may also allow more customers and private gatherings may involve more people under a new state health order due to take effect Friday . The state will also relax mandates for visitors to nursing homes, allowing those who have tested negative for COVID-19 to […]

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 entrepreneur

How a restaurant entrepreneur is committed to the mental health of chefs during Covid-19

Pauo Amado Luis Ferraz Paulo amado has been called the father of Portuguese chefs. So it goes without saying that the organizer of long-standing culinary events like Food Week in Lisbon and Porto is interested in the mental health of those who make culinary magic. It was the starting point of his career in the […]

Restaurant service

Best Restaurant Service 2020 | Stone Soup Cottage | Food drink

When you think about the impact of COVID-19 on the restaurant industry, no part of the business seems more negatively impacted than the food industry. In these delivery and sidewalk times where interactions with restaurants have become almost entirely transactional, the pomp and circumstance of dining on a white tablecloth with adorable waiters seems like […]

Restaurant service

Streets open for food service coming over sections of town as a relief for business owners

The city is accepting applications for open streets and open street eating places. REUTERS / Andrew Kelly / File photo Sign up for our amNY Sports email newsletter for information and match coverage of your favorite teams While indoor dining above 25% capacity may not materialize until the winter months bring New Yorkers back to […]

Restaurant business

Dwyane Wade handles the heat of the restaurant business

Wade says athletes are hit with a ton of investment opportunities from a young age because of the quick money they make. And, like most, many athletes love the idea of ​​owning their own restaurant. But not all athletes are able to develop their own restaurant concept. Wade himself had a restaurant early in his […]

Restaurant business

Can the restaurant business model survive social distancing?

As restaurants across the United States begin to reopen amid the coronavirus pandemic, they still face restrictions, including not being able to operate at full capacity. Many may not be able to survive the reopening process. This week on Working Lunch, the team from Align Public Strategies discusses what lays ahead for operators. Meanwhile, the […]

Restaurant business

Limited capacity could destroy restaurant business

When cases of COVID-19 were first reported in Memphis, Tennessee, in early March, Kelly English was quick to shut down dine-in service at her three restaurants. But on April 27, when Memphis Mayor Jim Strickland announced a tentative reopening plan for the city, which includes reopening restaurants to diners, English did not begin planning for […]

Restaurant business

How the coronavirus is affecting the restaurant industry, in a graph

In addition to its high cost to human life, the novel coronavirus has wreaked havoc on a number of industries, including airlines, cruises and conferences. As people, governments and public health experts stress the importance of social distancing as a way to stem the spread of contagion, restaurants are seeing a major drop in footfall. […]

Restaurant business

Restaurant business trends to watch in 2020

Article contributed by Lianna Arakelyan There are constant changes happening in the restaurant industry that its stakeholders should be concerned about. This industry cannot stop the trends that are shaping its future. Last year, this industry fetched approximately $863 billion, compared to $825 billion in 2018. If the restaurant industry wants to continue this positive […]

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

How to promote your restaurant

As the restaurant industry becomes increasingly competitive, promoting your small business is more important than ever. Business owners in the hospitality niche are turning away from traditional marketing channels and are beginning to use a range of unique promotional methods. With over 90% of consumers search for restaurants online before choosing a place to eat, […]

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 business

Here’s why vets are a perfect fit for the foodservice industry

Editor’s note: The following commentary was written by Dawn Sweeney, President and CEO of the National Restaurant Association. Content may be edited for clarity, style and length. Often veterans hear, “Thank you for your service. In 2019, the National Restaurant Association adds to this: “Now how can we serve you? As the nation’s second-largest private […]

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

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. […]