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As a business, your top priority should be your customer. Your customer’s experience with your business will determine if they return, so it’s important they are satisfied. Customers’ top desire in a business is convenience. It’s important to not just have a customer-friendly business, but also a customer convenient one. You can be polite and […] The post How To Make Your Business More Customer Convenient appeared first on Lady Boss Blogger.
It’s no secret that with a workforce mass exodus and rising minimum wages, the restaurant industry is long overdue for an overhaul of its business structure and compensation model. This isn’t an easy conversation to have. The institution of tipping and the existence of the sub-minimum wage is heavily rooted in slavery , and has led to decades of underpaying a workforce that is majority black, brown, and female.
According to the National Restaurant Association, the average restaurant failure rate sits at right around 30%. It's very difficult to get a restaurant off the ground and keep it afloat for more than a few years, much less a few decades.
The recent workforce shortage brought the restaurant industry to its knees. Fewer employees have carried the burden of prepping, cooking, and serving food while working to keep guests safe. Now, massive layoffs in other sectors (including tech, real estate, etc.) will create more job seekers in the restaurant/hospitality industry. This influx of new employees means that restaurant brands will need to build (and reinforce) cultures of excellence.
The right HR metrics can illuminate hidden trends, justify decisions to the C-suite, and give you an edge in this unpredictable economy. Download Paycor’s guide and learn how to calculate your: Cost-per-Hire Total Financial Impact of Absences Voluntary Turnover Rate And more!
Manage your restaurant's time and wage expenses with ease! Discover the power of technology in streamlining operations and reducing costs. From employee scheduling software to payroll management solutions, we cover the essential tools you need to run a successful restaurant. The post Restaurant Time and Wage Management: How Technology Can Help appeared first on Restaurant Technology Guys.
Everyone loves to cheer on a champion. I live in a community that has been host to two Winter Olympic Games (and more homegrown U.S. Olympians than most any other part of the country), University and Empire State Games, Can Am Hockey tournaments, Ironman competitions, Lacrosse Tournaments, and National Rugby Tournaments. This, of course, doesn’t even take into consideration the love that many residents have for their favorite professional baseball, basketball, hockey, soccer, or football team.
Over 14,000 restaurants open every year, yet women are underrepresented as managers, chefs, and investors. Should we fix that because “it’s the right thing to do” or because we’re seeking to “level the playing field” in a male-dominated industry? Why should men surrender their dominance just to make room for women…because society says so? Sign … We Need More Women in Restaurants!
Over 14,000 restaurants open every year, yet women are underrepresented as managers, chefs, and investors. Should we fix that because “it’s the right thing to do” or because we’re seeking to “level the playing field” in a male-dominated industry? Why should men surrender their dominance just to make room for women…because society says so? Sign … We Need More Women in Restaurants!
A Deeper Dive: Cameron Mitchell, founder of Cameron Mitchell Restaurants, joins the RB podcast to talk about building culture, the state of fine dining and chocolate milkshakes.
We’re all aware of the value of an existing customer. Restaurant operators have scrambled to launch loyalty programs and subscription services in recent years – capitalizing on new technology to keep that “old” customer, often 16x more valuable than a new one. Recent data from our team at Revenue Management Solutions confirms the importance of loyal-to-the-brand customers.
Your name is, in many respects, a reflection of the person you are, your personal history, and a proclamation of respect for those who came before you. That word represents your life and all that has been invested in bringing you to this point; it is how you are known and how you hope to be remembered. Your name is an expression of your individuality, an affirmation of your skills, a statement of pride.
Payroll compliance is a cornerstone of business success, yet for small and midsize businesses, it’s becoming increasingly challenging to navigate the ever-evolving landscape of federal, state, and local regulations. Mistakes can lead to costly penalties and operational disruptions, making it essential to adopt advanced solutions that ensure accuracy and efficiency.
Every great team experiences tension. The pace of service in a busy restaurant can lead to interactions that are curt — to say the least — but larger issues can arise as well. Are you noticing your restaurant team is arguing? Is your employee turnover rate going up? Are you sensing a general lack of respect on the team? It's essential to address these issues head-on and make structural changes so your team can thrive because a restaurant won't succeed if its staff is unhappy.
The pink sauce, as it now appears on Walmart’s website. | Walmart When we buy food off of TikTok, what are we getting, really? Everyone on TikTok and Instagram is trying to make a buck in one way or another. From the creator fund to sponsored content and upstart new businesses seeking to capitalize on a newly massive social media following, influencers are cashing in.
It should come as no surprise that the world’s first marshmallow café would attract a lot of social media attention. XO Marshmallow brand co-founders Lindzi Shanks and Kat Connor created their handmade gourmet confections in their home kitchens before expanding from digital direct-to-consumer to include a café and a separate production and shipping space.
Fuel your restaurant’s success with our comprehensive 2025 funding guide! Running a restaurant comes with unique financial challenges, from managing seasonal fluctuations to covering unexpected expenses like equipment repairs or ingredient shortages. This guide dives into fast, flexible financing options for restaurant owners. Discover how to bridge cash flow gaps, fund expansions, or navigate slow seasons without compromising service quality.
For many baristas, a passion for high-quality coffee and excellent customer service is what drives them to work in specialty coffee. Alongside this, many develop a number of technical skills to help them succeed in their job role – as well as in the coffee sector more widely. However, the barista career journey in the specialty coffee industry is rightly a major discussion point.
A sliced-open truffle at Burwell Farms. | Gastropod How careful science, a growers’ passion, and one adorable truffle-hunting dog combine to run the largest truffle farm in the country From the surface, there’s not much going on in the orchard at Burwell Farms in rural North Carolina: loblolly pines grow in perfect, orderly rows, brown trunks and green needles in a hypnotizing grid as far as the eye can see.
Whatever you may have heard about how hard it is to find and retain employees in this market, restaurants have it worse. Much worse. More than 11.6 million people work in food service annually (including managers). Yet, a Bureau of Labor report flagged that the restaurant industry’s year-over-year quit rate jumped from 4.8 percent to nearly 7 percent , a more significant increase than in any other job sector.
The diner chain is trying a number of initiatives to keep its core business fresh and growing. Meanwhile, its parent is getting ready to expand Keke's.
Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.
Liberia is a West African country which borders Sierra Leone , Guinea , and Cote d’Ivoire , as well as the Atlantic Ocean. The country is the oldest republic in Africa, and declared its independence in 1847 – which was internationally recognised in 1862. According to Index Mundi, Liberia’s coffee production peaked at 209,000 60kg bags in 1985. But in the years since, coffee production has dropped considerably for a number of complex reasons.
Haluski. | Brian Yarvin/Shutterstock There are a lot of ways to make haluski, but the Central and Eastern European dish of noodles and cabbage is pure comfort in every case Every table has its own holiday food traditions, often a mixture of foods handed down through generations and others adopted through circumstance. Growing up in a Polish family, Christmas Eve came with kielbasa, sauerkraut, and pierogi.
It’s Possible to Be Profitable While Sticking With Your Values, and Here’s How I’m Doing It My business partner and I met when we were kids. In fourth grade, we became best friends and we shared a common vision to one day start a business together. After graduating from the University of Washington and starting a career in headhunting in Los Angeles, we decided to act on our entrepreneurial spirit and start our own recruiting firm.
The large chain of full-service truck stops, a major operator of fast-food restaurants and full-service brands, will be sold to the British oil giant's North American subsidiary.
The HR industry is changing. Did you know… 1. There will be 4M more jobs than workers by 2033 ( BLS ). 2. For 84% of workers, flexibility is a top priority ( FlexJobs ). 3. 75% of employees have used AI at work ( CFO.com ). It’s time to meet the moment! Use Paycor’s guide to design a blueprint for success.
In many industries around the world, sustainability continues to be a pressing issue – and the coffee sector is no exception. Coffee professionals and consumers alike are increasingly focusing on ways to improve their social and environmental impact. This ranges from using more sustainable processing methods on farms to using recyclable and compostable packaging.
Going deep with the Six Pillars of Success as a method for business owners to roadmap change and stability into their business. The Six Pillars are Brand Strategy, Financial Stability, Operations, Product Quality, Avenues & Distribution, and Hospitality. The jargon of financial stability is broken down into digestible morsels. How can you build healthy habits that will support and grow your businesses financial stability.
Chef Kristen Kish travels the world in search of the people, places, culture and traditions behind the world’s most remote restaurants. From local purveyors, farmers and herders to kitchen crew, managers and chefs, she goes behind the scenes to meet the people, hear the stories, and see the day-to-day balancing act required to keep food on the table.
As restaurants develop innovative strategies to build a loyal fan following, it can present a challenge to pinpoint which approaches work best to entice customers to keep coming back.
Use these handy calendar templates to stay on top of payroll in 2025! Download them today to share with your HR team or post for employees. Whether your company has biweekly, semi-monthly, or monthly pay periods, Paycor has you covered. Get your templates today!
Inventory management is a critical aspect of running a successful restaurant or bar business, but strategies are constantly evolving. Throw into the mix rising wages, skyrocketing food prices, staffing shortages, inflation and a difficult economy and the hospitality industry is no doubt set for a difficult year.
Who can imagine the restaurant industry today without off-premise dining options like delivery, takeaway, curbside pickup, ghost kitchens, and drive-thru? It’s safe to say that off-premise dining has become an essential part of consumers’ lifestyles and a massive driver of industry growth. Even with consumers happily returning to restaurants in the wake of the pandemic , demand for off-premise orders remains high.
Canned and ready-to-drink (RTD) coffee products, including cold brew and milk-based beverages , have been popular in many countries for some time now. However, it’s been impossible to ignore the recent explosive growth in the wider RTD segment, with no signs of it slowing down. In fact, according to Fortune Business Insights, the value of the global RTD coffee market will increase beyond US $42 billion by 2027.
Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System
Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, 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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