There’s one question that’s inevitably on every restaurateur’s mind, whether the market is good or bad: How do I grow my restaurant profit margin? Follow along as we narrow in on areas of your business where costs can be controlled to get you to a better bottom line: Scheduling staff Inventory and food waste Restaurant
How to Drive Foot Traffic to Your Restaurant
Among the top challenges faced by restaurant owners is marketing. Without the proper advertising and promotions, you can bet you’ll have a hard time earning the profits you want from your food services. Sometimes, a great location is enough to keep people walking through your doors. But, what if it isn’t? Can you still run
How Restaurants Can Manage Their Online Reputation and Brand
In recent years, businesses have discovered that how they’re perceived by internet users can make a big difference, not just in their online reputation, but also in their reputation as a whole. For restaurants in particular, online reviews and testimonials are a big part of that perception, and restaurant owners can certainly take steps to
Minority Owned Business Financing and the Restaurant Industry
America is growing and changing, inching ever closer to a true melting pot of people, places, and business — and the restaurant industry is no exception. In recent years, we’ve seen minority owned business continue to flourish, despite obstacles in their way. So, how have things changed in the last decade? What do these changes
Should Your Restaurant Participate in Food Festivals?
Whether it’s specifically food festivals or festivals that also features food, there are a lot of reasons for restaurants to participate: The potential to reach new customers – it’s sort of like opening a pop up restaurant, but one that pops up smack dab in the middle of a crowd! Festivals also allow you to
Restaurant Suppliers: Get the Most Out of Your Partnership
Controlling prime costs for your restaurant isn’t just a question of cutting back or even changing what you purchase or do. HOW you acquire your goods and services through your restaurant suppliers can be as important as WHAT those goods and services are. Ultimately, there are a lot of ways your restaurant suppliers can be
Menu Management: How to Control Restaurant Costs Dish by Dish
When times are tight, where do you start cutting restaurant costs? The natural inclination for many restaurateurs is to look at your two biggest expenses — staff and COGS (cost of goods sold) — and slash from the top down, until you can make ends meet. But a savvy restaurateur knows there’s more than one
How to Hire the Perfect Restaurant Employees
With a 72.1% industry-wide turnover rate (per the National Restaurant Association) and more economic uncertainty than ever, getting the right restaurant employees settled into your restaurant is crucial. But the reality is: Hiring is not easy. In our brand new report, we walk through the hiring process step-by-step, from recognition of need to making a
Cost Control: Managing Your Restaurant’s Inventory and Food Waste
When trying to exert cost control in your restaurant, it can be easy to assume you need to make sweeping changes and that quality will be necessarily lowered in the process. However, saving on or eliminating expenses altogether could simply be a matter of consistency in use and limiting food waste, and there’s no better
A Truly American Service Industry: Veteran-owned Restaurants
According to the National Restaurant Association, there are over 250,000 American military veterans working throughout the food industry, and about 14% of veterans working in restaurants hold supervisor positions. The role of veterans in the industry is essential, and many transitioning from service to civilian life are choosing to take on the great adventure — that
