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Boosting Profits One Sip at a Time: The Power of Specialty Beverages

Modern Restaurant Management

More specifically, a specialty beverage break. Rethinking Beverages The typical drink upsell—soft drinks and coffee or tea—has decreased over the past few years as customers increasingly eat restaurant food at home. One in four respondents order specialty beverages more than once a week. What’s on the Menu?

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Understanding Legality of Non-Alcoholic and Cannabis-Infused Beverage Trends

Modern Restaurant Management

There has been a lot of fluidity in the beverage sphere over the past few years with the rise of mocktails and other nonalcoholic experience. Alternatively, there's been an uptick in the cannabis-infused beverages market – with the $2.04 Non-alcoholic spirits and similar beverages are a growth category.

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Going Mobile with Contactless ID for the Post-COVID Restaurant Experience

Modern Restaurant Management

To date, a thorough look at an ID requires handing over a physical credential – but now, the prospect of mobile driver’s licenses (mDL) opens the potential for accurate contactless ID checks as an important part of the overall move towards safer transactions. Every effort is being made to ensure customers feel safe and protected.

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The Top Five Startup Costs Restaurant Owners Need to Know

Modern Restaurant Management

Food and Beverage Inventory and Paper Supplies. Similar to your payroll expenses, your food and beverage expenses are going to vary depending on the type of restaurant you run. In general, overhead expenses related to food and beverages should be between 35 and 40 percent of your total revenue. Licensing and Permits.

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A CPA’s Insight on Top Issues Restaurant Owners Face

Modern Restaurant Management

Keeping track of food and beverage inventory is imperative to preventing product waste and theft. Restaurants must also adhere to a variety of local, state, and federal regulations, including licensing, building codes, and health and safety laws.

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Pandemic Hangover Coming for Restaurants and Municipalities

Modern Restaurant Management

city to pass a Beverage Tax in 2016, local operators have overcome the challenges of other taxes that have in many cases had greater impact. The Beverage Tax has been in effect for three and a half years, withstanding legal challenges, continued opposition by the beverage industry. Strategies to Minimize the Impact.

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How to Buy a Restaurant: An Ultimate Guide

7 Shifts

Tack on obtaining permits and licenses, and you could be in for a pretty big check. Things to consider are: Local Sentiment Finances Equipment Taxes or Violations Licenses and Permits What is the local sentiment towards the restaurant? Is the liquor license included in the sale? Table of Contents. How to Buy a Restaurant.

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