Thu.Jul 25, 2024

article thumbnail

7 key restaurant revenue streams to prioritize in 2024

7 Shifts

Profitability remains a challenge for many restaurants, especially with prices for ingredients and labor going up. In fact, only 27% of restaurant owners expect to be more profitable this year. One of the best things to do is to find additional revenue streams to supplement your core food and beverage sales. Diversifying your income sources can help offset rising costs and boost your overall profitability. 7 revenue streams restaurants of every type need to pay attention to Restaurant owners mus

2024 243
article thumbnail

Hiring A Restaurant Consulting Firm

The Restaurant Group

Maximizing Your Restaurant’s Potential: A Comprehensive Guide by TRG Restaurant Consulting Managing a restaurant is hard work. In the bustling and dynamic food service industry, you always try to provide a pleasant guest experience while ensuring a positive cash flow after all expenses have been accounted for. A Restaurant Consulting Firm like TRG can make things easier for you.

Hiring 78
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

The Critical Role of Management in Reducing Restaurant Turnover

7 Shifts

This post is adapted from our “What Restaurant Employees Want” report, originally published in May 2024. Visit our page to download the full report , which features insights from 1500 active restaurant employees and industry experts. The restaurant industry is notorious for high turnover. Our data confirms that 66 percent of employees indicated that they had quit a restaurant job, with a quarter having quit more than once.

article thumbnail

What Restaurateurs Need To Know About SBA Loans

Modern Restaurant Management

Restaurant owners launch with a lot of optimism but rarely with enough capital. And the reason is almost always the same: business plan projections were based on what they want to have happen vs what will realistically happen. Too many restaurateurs are convinced their establishments will be filled from day one. They won’t. Too many restaurateurs are convinced their establishments will be filled from day one.

Document 117
article thumbnail

Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

article thumbnail

New York City considers a bombshell change for hotel restaurants and bars

Restaurant Business

Legislation that already has nearly enough supporters to pass would essentially require the staffs of third-party managers to be employed wholly or jointly by the host hotel. But that's only a small part of the warranted changes.

Hotels 122
article thumbnail

From Red to Green - Transforming Your Restaurant's Operational Costs for Sustainable Success

TastyIgniter

Managing restaurant operational costs is essential for long-term success. This guide explores key components like labor and food costs, provides actionable strategies for reducing expenses, and offers insights into balancing cost reduction with maintaining quality and customer satisfaction.

More Trending

article thumbnail

Recession-Proof Your Restaurant -16 Proven Strategies to Thrive in Tough Times

TastyIgniter

Discover 15 proven strategies to recession-proof your restaurant and thrive during economic downturns.

Menu 75
article thumbnail

Signature July Cocktails

Sante

In this post, we are introducing you to several innovative spirits. These are: Ette Flora Rosa Vodka Made from rose Continue Reading The post Signature July Cocktails appeared first on Santé Food Wine Spirits.

article thumbnail

Banana Ketchup Should Be Everywhere

EATER

Lille Allen The sticky-sweet sauce popularized in the Philippines and Caribbean goes with everything My first taste was in 2017, in the balmy city of Castries, St. Lucia. Fresh off a lengthy booze cruise, I stumbled toward the resort buffet and noticed a small placard that read “banana ketchup.” The combination seemed contradictory, but curiosity called me closer.

2017 135
article thumbnail

Tapas, Anyone?

Sante

Spain's favorite foods for snacking and drinking are great for summer parties. The post Tapas, Anyone? appeared first on Santé Food Wine Spirits.

Food 147
article thumbnail

Reduce Bias in Hiring: Structured Interview Questions for Employers

Structured interview questions are a valuable tool for reducing bias in hiring. They help: Ensure all candidates are asked the same questions in the same way Level the playing field so all candidates have a fair chance of being successful Improve credibility, reliability, and validity Download the guide to get the most out of your interview questions!

article thumbnail

Lamb Weston paints a tough picture of restaurant demand right now

Restaurant Business

The global potato supplier reported weak earnings this week, blaming them in part on weak restaurant demand as quick-service traffic worsened in the spring.

131
131
article thumbnail

In Search of the Ultimate Gimlet

EATER

We asked eight of America’s best bartenders to submit their finest recipe for the Gimlet—then blind-tasted them all to find the best of the best.

127
127
article thumbnail

If you don't know the name 'Joe Lee,' stop right now and listen

Restaurant Business

Restaurant Rewind: He was a key force in the creation of what we now know as casual dining. You've likely read the latest on Red Lobster. Here's the person who made it an icon.

Casual 119
article thumbnail

‘Boneless’ chicken wings can have bones, the Ohio Supreme Court says

The Salt

In a 4-3 verdict against a patron who sued a restaurant after swallowing a bone from a “boneless wing,” the court ruled that “boneless” doesn’t guarantee that there will be no bones in a chicken wing.

111
111
article thumbnail

Food & Beverage Industry Report 2024

Driven by a diverse and exciting ecosystem of passionate, ambitious, and often young entrepreneurs, the Food & Beverage (F&B) sector is a highly competitive environment full of immense challenges and exciting opportunities. Expert Market’s 2024 industry report, sponsored by Toast, is informed by a survey of 522 U.S. food and beverage professionals, from restaurant owners to food service managers, providing insights into the real-time challenges and opportunities within the industry.

article thumbnail

California gig worker law upheld in win for delivery companies

Restaurant Business

The state’s Supreme Court ruled that Proposition 22 can stand, meaning workers for apps like DoorDash and Uber Eats will remain contractors rather than employees.

Delivery 116
article thumbnail

What is a restaurant CRM and why is it important for restaurants?

The Eat Restaurant

Discover the importance of restaurant CRM systems in enhancing guest experience and improving restaurant performance. Learn how to choose the best CRM.

78
article thumbnail

The ongoing dangers of third-party delivery

Restaurant Business

The Bottom Line: The parent company of Tender Greens, which filed for bankruptcy this week, is laying part of the blame on its heavier reliance on delivery orders.

Delivery 111
article thumbnail

2022 Le Perle della Campagna Pecorino Terre Di Chieti Abruzzo

Planet Grape

The post 2022 Le Perle della Campagna Pecorino Terre Di Chieti Abruzzo appeared first on planet grape® wine review.

2022 60
article thumbnail

The HR Leader’s Survival Guide

HR leaders drowning in paperwork struggle to meet C-suite's strategic expectations. Burnout and high turnover plague the field, with 95% feeling overwhelmed. This guide explores how the right tools can free HR from admin tasks and empower them to become the strategic leaders they’re meant to be.

article thumbnail

NYC's Gotham Restaurant files for bankruptcy protection

Restaurant Business

The Chapter 11 filing indicates the once-acclaimed restaurant's financial problems go deeper than having lost $45,000 to online scammers.

116
116
article thumbnail

2022 Marchesini Family Chiaretto Di Bardolino Veneto

Planet Grape

The post 2022 Marchesini Family Chiaretto Di Bardolino Veneto appeared first on planet grape® wine review.

2022 60
article thumbnail

2022 Russo Donnaceleste Fiano Di Avellino Campania

Planet Grape

The post 2022 Russo Donnaceleste Fiano Di Avellino Campania appeared first on planet grape® wine review.

2022 60
article thumbnail

2022 Marcesini Family Bardolino Classico Veneto

Planet Grape

The post 2022 Marcesini Family Bardolino Classico Veneto appeared first on planet grape® wine review.

2022 60
article thumbnail

Why Every Small Business Needs an HCM Solution: A Comprehensive Guide

Managing HR tasks like payroll, compliance, and employee data can overwhelm small businesses. That’s where a Human Capital Management (HCM) solution comes in. Our eBook, Why Every Small Business Needs an HCM Solution: A Comprehensive Guide , shows how an HCM system automates tedious processes, ensuring your business stays compliant and efficient. You’ll learn how to simplify payroll, eliminate costly errors, and empower your employees with self-service tools.

article thumbnail

2022 Le Perle della Campagna Favorita Langhe

Planet Grape

The post 2022 Le Perle della Campagna Favorita Langhe appeared first on planet grape® wine review.

2022 60
article thumbnail

2022 Caldaro Pinot Grigio Alto Adige

Planet Grape

The post 2022 Caldaro Pinot Grigio Alto Adige appeared first on planet grape® wine review.

2022 60