Sat.Jul 20, 2024 - Fri.Jul 26, 2024

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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.

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How to Take the Heat Off Restaurant Costs

Modern Restaurant Management

Imagine your wait staff getting your restaurant ready for the day when the heat index outside exceeds 100 degrees. The temperature is so oppressive that employees immediately crank up all the air conditioning units. An hour later, when sweltering guests crowd in, your team is too distracted to turn some units down. High electric bills and wasted energy are the last things on their minds.

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Social Media for Restaurants: 20 Effective Strategies To Boost Your Social Presence Online

7 Shifts

With over 5 billion people using social media globally, platforms like Facebook, Instagram, and TikTok have become necessary tools for businesses to reach customers. From introducing your restaurant to fulfilling orders, you can use social media to drive more traffic to your establishment, in-person and digitally. Discover why restaurants must have a social media strategy and 20 effective ways to boost your social presence online.

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Understanding Restaurant Finances & Financial Statements in 2024

7 Shifts

As an operator, you must have a firm grasp on your revenue, expenses, and profitability if you want to be part of the 20% of businesses that find long-term success in the industry. This involves not only knowing your current financial status but also being able to forecast future trends and make informed decisions based on accurate data. Components of a restaurant’s financial report The food and beverage sales report, prime costs report, inventory report, profit and loss (P&L) statemen

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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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How to Write an Executive Summary for Your Restaurant Business Plan

ChowNow

Crafting a successful restaurant business plan is crucial for any new restaurant opening or restaurateurs looking to optimize their business in the competitive industry. One of the most important components of this plan is the executive summary, which not only encapsulates the essence of your business plan but also sets the stage for potential investors, lenders, and partners.

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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.

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The South Korean Coffee Culture Wave Hits LA

EATER

Los Angeles’s Seoul-style cafe operators embrace the essence of South Korean coffee culture, where, often, nothing is off limits — or left off social media

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How AI Is Enabling Restaurant Labor Compliance

Modern Restaurant Management

When we talk about the “restaurant of the future,” labor compliance isn’t exactly the flashiest or most exciting topic to include—certainly not when juxtaposed with salad-making robots and personalized digital menus. But beyond its legal necessity, ensuring compliance with employment laws is critical to shaping a better experience for employees and customers alike.

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User-Generated Content: 5 Tips for More Customer Reviews & Restaurant Photos

Restaurant Engine

Make sure your food items are beautiful enough to photograph for user-generated content. Have you ever eaten at a restaurant with a friend and posted photos of the two of you having fun on Instagram? Have you ever shared what you were eating on TikTok? Ever had a great experience at a restaurant and shared a review? If so, you’ve participated in user-generated content.

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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

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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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Fast Food Meal Deals Are Back. But Are They Actually a Good Value?

EATER

Mario Tama/Getty Images After slumping sales, McDonald’s, Starbucks, and more are trying to get customers back in the drive-thru After nearly four years of price hikes and customer complaints about those price hikes, many of the country’s largest fast food chains are finally bringing back the meal deal in response to slumping sales. For those of us who were convinced that COVID killed the dollar menu , this moment of economic uncertainty could officially usher back in a new era of cheap drive-th

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Learning to Pivot S’More

Modern Restaurant Management

When Lindzi Shanks and Kat Connor opened the world’s first marshmallow cafe in 2017, they anticipated the summer season would be a business bonanza thanks to the public fascination with s’mores, but they came to learn that XO Marshmallow truly thrived in the fall and winter weather seasons when guests craved hot chocolate. In order to capitalize on these customer beverage trends, they pivoted and responded in a number of ways including: Adding limited edition/specialty flavors in lat

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Adult Changing Stations Are a Necessity for Inclusive Public Buildings

Wasserstrom

The topic of inclusion is now at the forefront of American discourse. Yet we have overlooked, forgotten, or were completely unaware of one population: the millions of people with disabilities that are not able to use standard public restrooms. Imagine a child not being able to go on field trips with their classmates, because the […] The post Adult Changing Stations Are a Necessity for Inclusive Public Buildings appeared first on The Official Wasserstrom Blog.

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Opening a Bar Checklist: Everything You Need to Know

Sculpture Hospitality

Are you excited by the allure of owning your own bar? The camaraderie, the creativity, and the chance to be the neighbourhood hangout is all pretty enticing.

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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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How to Leverage Facebook Ads to Drive Restaurant Traffic

Next Restaurants

Facebook ads are a powerful tool for restaurant owners looking to increase foot traffic and boost sales. With over 2.8 billion active users, Facebook offers a vast audience to target potential customers. This blog post will teach you how to effectively use Facebook ads to drive restaurant traffic — everything from setting up your ad account to optimizing your ads for maximum impact.

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Best Practice Tips for Restaurants to Improve Recall Communications

Modern Restaurant Management

If your restaurant was involved in a food recall, would you know how to properly communicate about the incident to key stakeholders – including media, customers, employees, supply chain partners, and regulatory agencies? Would you know how to develop action-oriented messages customized to each audience, explaining how to get rid of contaminated products, what to do if they consumed tainted foods, and how to determine if they have foods that were part of the recall?

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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.

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Embracing Flexibility: The Power of Customizable POS Solutions for Restaurants

Lavu

Alright, restaurateurs, it’s time to get real about your POS system. In this fast-paced industry, having the right restaurant management tools isn’t just nice – it’s crucial. Let’s dive into why flexible point of sale solutions are becoming the secret ingredient for successful restaurants. The Limitations of Standard POS Systems Let’s face it: those one-size-fits-all POS systems are about as useful as a dull knife in a professional kitchen.

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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.

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Cocktail Time!

The Wine Knitter

With summer in full swing, outdoor activities abound, including trips to the beach, picnics, backyard barbecues, pool parties, and lazy days swinging in hammocks. Photo credit: Lionel Gustave And if you’re like me, packing a picnic basket or entertaining by the pool should be simple and scaled down from the food to the beverages! After all, it’s summer and the “living should be easy!

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Fine Dining vs. Casual Dining: What’s the Difference?

SpotOn

Restaurants come in many shapes and sizes. It's what makes the restaurant industry such a vibrant, innovative space. There's no wrong way to create a restaurant concept, as long as it's authentic to your vision and well-received by guests—which is easier said than done. Full service restaurant concepts fall into two broad categories: casual dining and fine dining.

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OpenTable Diners’ Choice: What is it and how it benefits restaurants

Open for Business

The Diners’ Choice program recognizes top-rated restaurants based on authentic feedback from OpenTable diners after they have dined and experienced the restaurant’s hospitality. Each month, OpenTable compiles this diner feedback to determine which restaurants deliver consistently outstanding food, service and ambiance worth honoring across a variety of categories like: Best Overall Best Ambiance Best Service The highest-rated spots earn the prestigious Diners’ Choice badge.

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A Dinner Party-Ready Cake Recipe Doable in 20 Minutes 

EATER

Dina Ávila You don’t need to turn on the oven for this coconut lime cake When invited to a dinner party, I always blurt out “I’ll bring dessert.” I love to bake, but I often regret offering: I don’t always have time to bake a cake when I say I do. Add to the mix that it’s hotter than hell’s hammer lately and the idea of turning on the oven has sent me directly to my fainting couch.

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Maximize Restaurant Profitability: 5 Key Strategies to Control Costs Effectively

Running a profitable restaurant requires more than great food and service. Our guide breaks down five actionable strategies to help you control costs and maximize profitability. Learn how to track and reduce food waste, optimize labor costs with smart scheduling, make data-driven decisions with regular P&L reviews, and manage fixed and variable costs efficiently.

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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.

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Chipotle is 're-emphasizing generous portions' after social-media complaints

The Salt

Chipotle's CEO tells investors that the chain had not shrunk its portions despite accusations on Tiktok and Reddit. Brian Niccol has tried to bat down those complaints for weeks.

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5 Challenges that Pubs Face During the Euros (and Other High-traffic Days)

Crunchtime

The 2024 UEFA European Championship is one of the most important sporting tournaments in the world, and the Euros brought with them a massive spike in pub traffic across England. Barclays reports that when compared to yearly averages, transactions were up 86.4% during England’s seven Euro matches, with a peak coming the day of the final. During the final in particular, pub transactions were up 92.9% when compared to the average Sunday so far this year.

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Elevate Your Restaurant’s Branding with a Professional Consultant

The Restaurant Group

How Professional Restaurant Branding Can Transform Your Business Establishing a solid restaurant branding image can strengthen your relationship with your patrons and service providers. With no fewer than 749,404 restaurants in the United States , it can be key to developing a competitive edge. But how do you go about it? TRG Restaurant Branding Consultants give you a rundown of what it entails.

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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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Patina Restaurant Group is getting back to the stand-alone restaurant game

Restaurant Business

The contract-management company has long been known for signature restaurants in cultural, sports and entertainment venues. Now, Patina is planning to launch a brasserie chain with worldwide potential.

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How Restaurant Technology Can Help Combat Rising Labor Costs and Labor Scarcity

OneDine

In today’s labor market, restaurants are grappling with two significant challenges: rising labor costs and labor scarcity. These issues are reshaping the landscape of the food service industry, compelling businesses to seek innovative solutions to stay competitive. One of the most promising avenues for addressing these challenges is the integration of advanced restaurant technology.

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How the Right Restaurant Tech Stack Supports Scalability

Apicbase

Running a multi-unit restaurant business is a complex operational challenge. As the number of locations grows, maintaining high standards across the board becomes more difficult. Without the right restaurant tech stack in place, your business will struggle to maintain control and might not reach its full potential. With 96% of restaurants planning to expand , operators are looking for the best software to manage BOH operations like inventory, recipes, production, and scheduling.

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Overcoming the Challenges of Sustainable Sourcing in the Restaurant Industry

The Rail

By Indiana Lee, Contributor In the restaurant industry, going green is no longer a trend, it’s a necessity. The food and beverage sector is one of the most significant sources of carbon emissions. Food production alone accounts for an estimated 25% of global emissions and the food and beverage industry as a whole accounts for roughly one-third of global greenhouse gas emissions.

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Best Practices to Streamline Compensation Management: A Foundation for Growth

Speaker: Joe Sharpe and James Carlson

Payroll optimization can be one of the most time-consuming and complex factors of small business management. Yet, organizations that crack the code on streamlining employee compensation often discover innovative avenues for growth. With the right strategies in place, outsourcing and streamlining payroll processes can result in substantial time and resource savings.