Sat.May 18, 2024 - Fri.May 24, 2024

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Restaurant Budgeting: How to Create A Restaurant Budget

7 Shifts

Managing a restaurant is not for the faint-hearted. The restaurant business is one of the most competitive industries, and this shows in the fact that only 20% of restaurants succeed in the market. Your stiff competition requires innovative thinking and aggressive growth strategies to stay on top. In this industry, one of the worst-case scenarios is running out of money.

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Boosting Profits One Sip at a Time: The Power of Specialty Beverages

Modern Restaurant Management

What do today’s restaurant operators need to manage the challenging sales environment? A break. Specifically, a coffee break. More specifically, a specialty beverage break. That is, according to Revenue Management Solutions (RMS) recent survey, Tapping into Specialty Beverages to Maximize Restaurant Sales , which suggests that the coffee (or boba or smoothie or soda) break is a growing trend— and one that could significantly boost your restaurant’s revenue.

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How to Improve Restaurant Operations: 9 Proven Strategies

7 Shifts

Every manager aims for maximum operational efficiency in their restaurants, but achieving this isn't easy, with the industry's success rate recorded at only 20%. Improving your restaurant operations to succeed in this highly competitive industry means serving quality food and providing excellent customer service while minimizing waste, reducing costs, and keeping your employees engaged.

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15 Ways Restaurant Inventory Management Software Saves You Time

Sculpture Hospitality

Even if you’re a total rockstar restaurateur, whipping up culinary masterpieces and keeping your customers happy - there’s probably one thing you wish you had more of… time.

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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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3 Big Takeaways From the National Restaurant Show 2024

SpotOn

It has been a jam-packed couple of days in Chicago. It’s also one of the most exciting weeks of the year, as I’m always excited to talk to restaurant people and hear about their challenges and hopes for the future.  As the dust begins to settle, I’m grateful for another year of connecting with new folks and old friends and seeing the scope of what’s possible for restaurants to expand.

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Optimize Your Restaurant Inventory Management for Greater Profitability

ChowNow

Running a profitable restaurant isn’t just about selling more food or serving more diners; it’s also about efficient inventory management. Our partners at MarketMan specialize in reducing Cost of Goods Sold (COGS) and have tips to cut expenses by as much as 10% to free up more profits. Here’s what the experts shared with us. Know what you spend Successful restaurants know that tracking food costs is crucial.

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Tipping Divide Is Not Too Wide

Modern Restaurant Management

Tipped restaurant workers are not too worried that more businesses outside the industry asking for tips will negatively impact their own tips — 64 percent say it has had no impact, while percent say it’s even helping, according to a new report from SpotOn of restaurant workers on expectations, generational trends and payment options. The report, Beyond Gratuity: Perspectives of Restaurant Staff on Tipping Practices, reveals that two-thirds of workers report their tips have stayed the

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Mastering Restaurant Reviews: Strategies for Success in the Digital Age

Goliath Consulting

Handling restaurant reviews effectively is crucial for maintaining a positive online presence and fostering customer loyalty. Whether the feedback is glowing or critical, how you respond can significantly impact your restaurant’s reputation. Tips for Handling Restaurant Reviews Respond Promptly and Professionally: Quick responses show customers that you value their feedback.

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How to Save on Credit Card Processing Fees

Modern Restaurant Management

The past few years have been difficult for restaurants across the country as they have found themselves struggling to adjust to a new normal. Among the many pressures are rapidly rising credit card processing fees. Despite a recent settlement where the two largest card brands agreed to a modest cap of interchange fees for five years, processing fees show no signs of decreasing.

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WHAT WOULD ESCOFFIER SAY

Culinary Cues

It’s been 89 years since Escoffier stood in front of a range for the last time, yet his presence is still felt by professional cooks and chefs. One could claim, and rightfully so, that he had the greatest influence on the profession and that the chefs’ job was elevated to new levels because of Escoffier’s efforts, approach towards cooking, vision, and skill.

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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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How To Increase Restaurant Sales: 20 Proven Tips & Tactics

7 Shifts

The competition in the restaurant industry is getting tighter. In fact, 45% of restaurant operators expect their competition to be much more intense in 2024 than last year. This proves that any restaurant business owner who wants to survive in this economy should be open to trying unconventional sales strategies to attract customers and continue making a profit.

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Welcome to Cold Salad Plate Summer

EATER

The salad plate at Hamburger America in NYC. | Photo illustration by Lille Allen; photo by Luke Fortney Why deli salad plates — simply, scoops of mayo-based salads served with pickles or cottage cheese — are the ideal meal There’s a certain holdover of spiral-bound cookbooks and mid-century tearooms that I’ve been craving lately, a dish that simultaneously appeals to my sense of nostalgia and the way I like to eat right now.

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Three Strategies to Increase Customer Retention

Modern Restaurant Management

How can you keep customers returning to your restaurant when so many choices exist? This is one of the most prominent questions that restaurant owners face today. With so many options, staying fresh and agile is important. This stresses the need for customer retention programs. Today, customers find restaurant brands through influencers, social media, review sites, and multiple channels.

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Waitlist ME vs Eat App Waitlist (A Complete 2024 Guide)

The Eat Restaurant

Running a busy restaurant means managing a lot of moving parts. One key aspect is ensuring your guests have a smooth experience from the moment they arrive. A reliable waitlist system can significantly improve this experience.

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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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233. Restaurant Technology Guys Podcast Ep. 233 – Revolutionizing the Restaurant Supply Chain: The Choco Experience

Restaurant Technology Guys

In an illuminating episode of the Restaurant Technology Guys podcast, Jeremy, the host, sits down with Georgie Thomas, the General Manager for Choco in the US. The conversation dives into the heart of how Choco is transforming the restaurant supply chain, aiming to streamline operations for restaurants and suppliers while combatting food waste. Here’s a recap of this insightful discussion.

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10 Food-Filled Beach Reads for Your Summer Vacation

EATER

Photo illustration by Lille Allen Casey McQuiston’s newest romance, a polyamorous romp through the mixology world, a pastry-filled Parisian memoir, and more have us excited for summer reading We look forward to reading near a body of water all year, and this season’s food-themed releases don’t disappoint. Many of them are transportive, so whether you bring them on vacation or read them at home imagining a vacation, they’ll hopefully offer that needed bit of summer escapism.

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Driving Traffic to Your Online Ordering

Modern Restaurant Management

Learn eight techniques to encourage more online ordering in this episode of the Making Dough Restaurant Show – by Hengam Stanfield. Among the suggestions are receipt promotions, website optimization, branded packaging, and more.

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Flynn Group makes another international acquisition

Restaurant Business

Flynn Group LP has acquired Wendy's restaurants in New Zealand. The largest franchise operator in the world, Flynn already owns rights to develop the burger brand in Australia.

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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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6 Brilliant Ways to Attract the Corporate Lunch Crowd to Your Restaurant

Restaurant Engine

The corporate lunch crowd wants to eat out, so it’s up to you to entice them to your restaurant. Looking to improve your profitability over the lunch hour? It turns out that workers who take a lunch break and actually leave their offices are more satisfied with their jobs and may even be more efficient. Knowing this can help you craft a marketing strategy to get more office workers in your restaurant over the lunch hour.

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Red Lobster’s Demise Was Never About the Endless Shrimp

EATER

The shrimp are a symptom, not the root cause Blame private equity and a decade of mismanagement instead On May 20, after weeks of speculation and dozens of shuttered restaurants across the country, Red Lobster announced that it would file for Chapter 11 bankruptcy in an effort to save the flailing chain. As it closed locations, auctioned off its fryers and ovens , and faced an increasingly uncertain future, one popular theory quickly emerged: Red Lobster’s demise surely must be the result of all

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Enhancing Guest Experience: The Vital Role of Restaurants in Hotels

Squirrel Systems

In the highly competitive hospitality industry, hotels strive to provide exceptional experiences that set them apart from their competitors. One crucial element that significantly enhances a guest’s stay is the quality of food and beverage service. Hotel restaurants not only offer convenience but also serve as an extension of the hotel’s brand, contributing to the overall guest experience.

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Day 1 at the Restaurant Show: Missing robots, weed-spiked drinks, AI and more

Restaurant Business

RB editors logged tens of thousands of steps on the Show floor Saturday as the 2024 edition of the National Restaurant Association Show kicked off in Chicago.

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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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Adding Sustainable Alcohol Options to Your Restaurant

The Rail

By Indiana Lee, Contributor Adding a popular drinks menu to your current offering is a great way to improve your profitability and pad your margins. A well-tailored alcohol menu can help you attract a different kind of consumer and may help you claw back some of the costs associated with pandemic-era inflation rates. However, if you want to appeal to a modern, culturally sensitive consumer, you’ll need to do more than offer the same range of stouts, wines, and spirits that folks can find on any

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There’s No Texas Summer Without a Snow Cone

EATER

Callaghan O’Hare/Bloomberg via Getty Images Whether rainbow-striped or pickle-topped, an ode to the icy refuge of Texas’s essential hot-weather treat It is, famously, hot in Texas. But you really can’t understand exactly how hot it is until it’s the dead of August, and the temperature has exceeded 100 degrees for 100 days in a row. It is a brutal, withering heat — one we can only expect to get worse.

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Crafting Cocktails in the Digital Age: Bartenders Benefit From ConnectSmart® RecipesPlus

QSR Automations

In the ever-evolving world of mixology, where creativity meets precision, bartenders are continually seeking ways to enhance their craft and identify efficiencies. One tool that has revolutionized the way cocktails are crafted is the latest addition to the ConnectSmart® family, RecipesPlus. In this digital age, where technology is seamlessly integrated into various aspects of our lives, it’s no surprise that bartenders are turning to digital solutions to streamline their workflow.

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Why José Andrés believes restaurants are anchors of hope

Restaurant Business

The restaurant industry is very powerful—if it can embrace the power of food as an agent of change, Jose Andres said at the National Restaurant Show on Monday.

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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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13 4th of July Restaurant Specials to Drive Traffic

SpotOn

School's out, the farmer's markets are booming, and summer vacation plans are finally coming to life. The 4th of July weekend offers so much more than an Independence Day celebration. It's peak summer. But unlike Mother's Day and Cinco de Mayo , the 4th of July is a quieter holiday for restaurants. Many people spend their day off relaxing with family, firing up the grill at a backyard barbecue, or catching the local fireworks or parade.

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The Best Potato Salad Recipes, According to Eater Staff

EATER

irina2511/Shutterstock Spruce up your standard potato salad with pickled peppers, bacon, and Tater Tots with recipes from Eric Kim, J. Kenji López-Alt, and more. Memorial Day is nearly here, which means that so is potato salad season. No picnic or backyard barbecue is quite complete without the humble, endlessly versatile dish. Like a snowflake, each potato salad is beautiful in its own unique way, whether it’s topped with chopped pickled peppers, generous globs of mayonnaise, or salty bacon cru

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Menu Development: 12 Steps for Success

Apicbase

Whether launching a new concept or expanding into a different market, menu development is critical for a restaurant’s success. That means balancing brilliant ideas with practicality and taking the time to consider all variables that can impact food costs , menu scalability, and customer first impressions. Setting a final menu takes time, because there are many factors to juggle beyond recipes.

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Tasty Restaurant Group buys 64 more KFC restaurants

Restaurant Business

The multibrand franchisee, which also operates Pizza Hut, Burger King, Dunkin’ and Taco Bell, acquired the locations in the central and Southeast U.S.

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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.