Wed.Jul 10, 2024

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What To Do When Your Guests Have Sticky Fingers

Modern Restaurant Management

Among the reasons restaurants fail (poor location, inadequate marketing, lack of staff and inventory control, uninspired menu, unreasonable pricing), customer theft is rarely on the radar. And yet, the diner who walks out with your logo beer mug is damaging your restaurant’s bottom line. After a guest thief takes what they want, the restaurant must purchase replacements and eventually report the thefts to their insurance company, which in the long run will raise their premiums, creating an

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How to Write a Restaurant Business Plan 

ChowNow

Launching a restaurant is an exciting journey that can be filled with lots of twists and turns, but there’s a lot of effort and intention that goes into the process before you even open your doors to customers. For starters, it’s essential to start off with a well-structured and intentional restaurant business plan. This will help you not only secure funding for your restaurant, but also serve as a clear roadmap for your restaurant’s path to success.

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MOD Pizza acquired by Elite Restaurant Group

Restaurant Business

In a deal that aims to avoid bankruptcy, the Bellevue, Washington-based fast-casual pizza chain has agreed to sell 100% of its equity to a Southern California-based group that has owned brands like Slater's 50/50, Project Pie and Patxi's Pizza.

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Everything You Need to Know About Crunchtime's 2nd Annual Ops Excellence Awards

Crunchtime

We're delighted to announce the launch of nominations for the second annual Ops Excellence Awards at Crunchtime. These awards celebrate those who have leveraged Crunchtime’s solutions to achieve unparalleled operational excellence. This is your team’s chance to shine and be celebrated for your dedication, innovation, and hardwork, which has raised the bar for your business and the industry at large.

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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 Saudi HORECA Industry Is Getting Highly Competitive

Aaron Allen & Associates

Originally Published in the Aaron Allen & Associates Newsletter on 07/08/2024 The Saudi HORECA Industry Is Struggling with Growth… Restaurant and Hotels sales (two segments of “HORECA” — Hotels, Restaurants, and Catering) are lagging behind other industries in the KSA in the last year (taking May 2024 vs May 2023 and based on POS transactions).

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7 Signs Your Restaurant Menu Needs an Upgrade

Restaurant Engine

Modernize your menu to stay on top of the latest trends. Have you had the same menu for years? It may be time to change it. As trends and tastes change and grow, some restaurant owners find that adapting their menu can boost their profits. There are many ways to upgrade your menu. You can change the items, but you can also change the look of your menu and your descriptions.

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The restaurant M&A market was tough, and then came the bankruptcies

Restaurant Business

The market for restaurant mergers and acquisitions has been slow for more than two years. But that market is bifurcated, as good deals get done and opportunistic buyers snap up low-priced chains.

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We Asked: “How Do You Price Your Wine List?”

EATER

Sommeliers and wine professionals at top New York City restaurants like The Four Horsemen and Claud share how they price their wine lists.

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Why platform companies are buying so many small chains

Restaurant Business

A Deeper Dive: Kelly Roddy, CEO of Saladworks owner Woworks, joins the podcast to talk about mergers and acquisitions and the advantages of platform companies.

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Turkey Is Texas Barbecue’s Most Underrated Smoked Meat

EATER

Sorry, brisket — smoked turkey is pretty darn great

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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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Pack your bags for the Taco Bell retirement community

Restaurant Business

Marketing Bites: The quick-service chain is opening The Cantinas for just one weekend next month, promising a “leisure lifestyle” for all ages. Plus, French Fry Day is near.

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Eater x Heritage Steel Expands Collection Following Successful Brand Launch

EATER

To meet increased demand, Eater and Heritage Steel will add six new pieces to their cookware collection [link]

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Maggiano's begins 'next chapter' with premium cocktails, ingredient upgrades

Restaurant Business

Updates such as tableside drink service and specially grown tomatoes are designed to give customers more bang for their buck at the polished-casual Italian chain.

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It's the season of cheap eats, Caesar Salad and limoncello

Restaurant Business

The latest consumer trend data released by Yelp reveals an uptick in these restaurant searches and several others since last year.

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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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Initiatives to kill the tip credit advance despite Ohio's 'goat rodeo of a campaign'

Restaurant Business

Government Watch: For restaurants, not all the election drama is centered on whether Biden stays in the race, and not all the mud is being slung by the presidential candidates.