Tue.Jan 16, 2024

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Succession Strategies for Restaurant Owners: Safeguarding Your Legacy 

Modern Restaurant Management

Earlier this year a successful Popeyes franchisee with nineteen units unexpectedly passed away. The operator was relatively young and had no clear line of succession. Within weeks, his corporation declared bankruptcy, leaving 500 employees wondering if they would keep a job and putting $30 million dollars of sale volume at risk for the brand. Within a matter of months, ten of the nineteen units were permanently closed.

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How to Identify and Prevent Pencil Whipping in Restaurants

Crunchtime

As restaurant chains grow and the number of locations increases, operations leaders often grapple with a trade-off: the potential lack of visibility into the accuracy of data received from each store. Unfortunately, this common scenario is often subject to "pencil whipping" which undermines the integrity of various operating procedures.

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20 Best Clock-In Clock-Out Apps and Software in 2024

Sling

Need a clock-in, clock-out app for your business? In this article, we discuss some of the best options available so that you’re better prepared to choose the best fit for your organization. Table of contents Best mobile clock-in clock-out apps Best single-point clock-in clock-out apps Mobile clock-in clock-out apps 1) Sling Source: getsling.com Sling is one of the best clock-in, clock-out apps for employee management because it makes time tracking easy while giving you the power to do much more

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Best Practices for Managing Rapid Growth

Margin Edge

This post was written by OnePoint Franchise Accounting – who specialize in accounting for multi-unit franchise operators and restaurant groups and have been the preferred accounting partner for major franchise brands for over 25 years. Over the past few years, the use of 3rd-party delivery services has become a major element of running a successful restaurant.

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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.

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The Astonishing Success of ‘The Bear’

EATER

Valerie Macon/AFP via Getty Images Against all odds, a show focused on the tedious intricacies of opening a new restaurant thoroughly captured the popular imagination and took home ten Emmys Even setting aside Jeremy Allen White’s earth-shaking Calvin Klein ad earlier this month, it’s been a very good January for The Bear. On the heels of its second season, the FX drama that centers around White’s character Carmy, a Chicago chef trying to revive his brother’s restaurant, has proven both a fan fa

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How to Create a Comprehensive Restaurant Equipment Inventory List

Sculpture Hospitality

Managing a restaurant involves meticulous attention to detail, including keeping track of your equipment inventory.

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When a menu selection is reduced

Culinary Digital

When a menu selection is reduced, several changes and improvements can occur in kitchen operations. These changes are generally geared toward streamlining processes, enhancing efficiency, and maintaining or even improving the quality of the dishes being prepared. Here’s what typically happens when a menu selection is reduced: Simplified Kitchen Workflow: A condensed menu leads to a simplified kitchen workflow, significantly reducing the complexity of culinary operations.

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Suzie Tsai announced as Bonchon's U.S. CEO

Restaurant Business

She appears to have been in the role since October, but now publicly takes the lead on U.S. operations. Former CEO Bryan Shin shifts to international growth.

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Secrets to Restaurant Success with Michael Oettl of Hans im Glück

Apicbase

“Our franchisees are true entrepreneurs. They invest not just capital but their heart and soul into the business. This commitment is what drives them to go beyond the expected, to push boundaries where even the best employees might not”, says Franchising Director Michael Oettl. Those of you who, like Michael, have been in the trenches of restaurant franchising know that this level of commitment doesn’t come easy.

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What makes Dry January different this year

Restaurant Business

Demographics have changed, spirit-free products are better and more plentiful, and operators are realizing that zero-proof drinks are revenue-boosters.

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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!

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Secrets to Restaurant Success with Michael Oettl of Hans im Glück

Apicbase

“Our franchisees are true entrepreneurs. They invest not just capital but their heart and soul into the business. This commitment is what drives them to go beyond the expected, to push boundaries where even the best employees might not”, says Franchising Director Michael Oettl. Those of you who, like Michael, have been in the trenches of restaurant franchising know that this level of commitment doesn’t come easy.

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With the tip credit falling, D.C.'s full-service restaurants cut payrolls 4.4%

Restaurant Business

Yet QSRs and sit-down places outside of Washington stepped up their hiring.

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The Board: January 2024

Margin Edge

This month we look at: bell pepper prices, how often you should be taking inventory, the importance of a digital presence for your restaurant, and national restaurant sales and inflation trends from December.

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Burger King is buying its largest franchisee for $1B

Restaurant Business

Parent Restaurant Brands International plans to spend $500 million to remodel Carrols Restaurant Group's more than 1,000 locations before reselling them to smaller franchisees.

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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.

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Stoli Blueberry Ascendant

EATER

Stole Blueberry vodka is the latest bartender's handshake, beloved by modern cocktail circles embracing a “drink what you want” approach.

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Red Lobster's owner wants out of the business

Restaurant Business

Thai Union, which led an investment group that acquired the casual dining seafood chain in 2020, said that it plans to exit the business.

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10 Tips to Spam-Proof Your Restaurant SMS Marketing

The Eat Restaurant

Tired of empty tables and missed reservations? SMS texting is your secret weapon to increase customer engagement, reduce no-shows, and boost your restaurant's bottom line. In fact, automated text reminders are a powerful tool, reducing no-show rates by an impressive 40%. Here's how to use SMS effectively, while avoiding spam filters and keeping your customers happy.

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Why Some Very Online Food Brands Are Going Offline

EATER

Acid League Direct-to-consumer brands Acid League and Soom are shutting down their online stores in favor of. actual stores If 2020 and 2021 were the years that food and beverage direct-to-consumer products boomed thanks to the pandemic, 2023 was the year that trend was upended, with DTC brands focusing on retail expansion instead. It seems that’ll be continuing in 2024, with some brands closing their e-commerce platforms entirely.

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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.

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Food and beverage service flies high at new Chase Sapphire Lounges in 2 NYC airports

Restaurant Business

Partnerships with restaurants, chefs and mixologists elevate the club experience for travelers at LaGuardia and JFK.

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Drizly Is Shutting Down, But Booze Delivery Is the New Normal

EATER

Anything could be in there. Even whiskey. | Shutterstock The pioneering drinks-delivery app is no more, but you can still order alcohol basically anywhere On January 15, Drizly, the app that lets you order liquor directly to your quarters like you’re a sultan, announced it would be shutting down. Or really, that Uber Eats was doing the shutting. After being acquired for $1.1 billion by Uber Eats in 2021, Drizly is being dissolved, with Uber Eats folding alcohol delivery into its own app.

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‘The Bear’ Brings Chicago More Glory With 10 Emmys

EATER

Due to the writers and actors strikes, the wins were for Season 1

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