Modern Restaurant Management

NOVEMBER 24, 2021

Restaurants have faced labor shortages, supply and equipment shortages, and climbing food prices, with no past playbook on how to navigate the crisis. Supplies are stuck in the harbor, on trucks or are just non-existent as both national and international supply chain shortages remain. Food Shortage. Equipment Shortage.

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The Restaurant Times

OCTOBER 29, 2021

When it comes to food trucks, a lack of sustainability can give rise to multiple problems. For a mobile business like food trucks catering to multiple locations, it is relatively harder to keep everything clean and be eco-friendly. Setting up a sustainable food truck is, therefore, a new concept. .

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Modern Restaurant Management

SEPTEMBER 23, 2021

Like veritably all businesses in the post pandemic era, those operating in the restaurant, café, food truck or other type of F&B franchise space are experiencing a wave of major change—as is the franchising trade at large. ” Perhaps anything less than what St.

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The Restaurant Times

SEPTEMBER 19, 2021

Time has never been better to open your food truck, and the most critical business step is investing in insurance. The number of food trucks in the United States roughly doubled between 2013 and 2018, and for all good reasons. Insurance companies, on the other hand, see food trucks in a different light.

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Modern Restaurant Management

APRIL 7, 2020

This edition of MRM News Bites features the Independent Restaurant Coalition, Tripadvisor, Inspire Brands Foundation, WorkJam, EZ-Chow, US Foods, Potbelly Pantry, Just Salad, Zalat Pizza, Kentucky Fried Chicken, California Pizza Kitchen, Nando’s and Street Factory Media. Ensuring business interruption insurance covers COVID-19.

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Modern Restaurant Management

JUNE 24, 2020

” Traditionally, to enable delivery most sellers list their menu on food delivery platforms because the restaurant doesn’t have their own couriers. Customers use their mobile device to view menus, order courses, and have food delivered directly to their table.

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EATER

JANUARY 3, 2022

In this excerpt, from the chapter entitled “The Chef-Driven Restaurant,” Mintz calls for an end to those one-time food media darlings that saw chefs elevated at the expense of workers. It’s a busy commercial drive, a preferred route of ambulances and fire trucks, on which no one ever fantasized about dining al fresco. Monica Burton.

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BNG Point of Sale

JULY 30, 2021

Guide on the Food Truck Business and How to Increase Profits . You intend to start a food truck business, correct? Although the food truck business relieves some of the responsibility and worry that comes with running a brick-and-mortar restaurant, they also carry their own unique set of challenges.

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EATER

AUGUST 7, 2023

Three Penny Taproom also has flood insurance. Time will tell, with insurance and the rebuild, what we do with that space,” he says. Not only are low-income Vermonters’ homes and businesses less resistant to flooding, but they have less in savings and insurance coverage. Whatever it takes, he says, Three Penny will rebuild.

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The Restaurant Times

SEPTEMBER 28, 2021

Regulations and standards for food trucks differ significantly from state to state, city to city, and even neighbourhood to neighbourhood. A food truck business may seem quite straightforward at first but there are many implicit and hidden costs that you might overlook while considering the expenses.

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EATER

JUNE 20, 2023

I was 12, my brother 8; we’d climbed into the bed of my father’s pickup truck — along with a dozen empty plastic containers. No income, no insurance, eking out a living on dwindling unemployment: We plowed up the extensive lawn and planted rows and rows of vegetables we could can and preserve. Which is to say: I understood.

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Touch Bistro

APRIL 27, 2021

Exploring how to start a food truck business is a smart move in 2021. The startup costs are lower than what you’d have to shell out to open a brick-and-mortar restaurant, and as the world continues to grapple with the COVID-19 pandemic, food trucks offer both a safe dining option for your guests and a reliable income source for you.

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EATER

JUNE 26, 2020

The restaurant’s general manager, who asked that both her name and that of the restaurant remain anonymous because of the sensitivity surrounding hiring practices, says she’s able to offer these still-unemployed workers little more than daily check-ins and free food. I found a lot of loyalty in the team we were able to build here,” she says.

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The Restaurant Times

SEPTEMBER 30, 2021

Food truck businesses have never been more popular than they are now. In 2020, we saw a significant rise in the number of food trucks. Moreover, since the COVID-19 pandemic, many customers prefer to eat from food trucks rather than restaurants as they are relatively safer. Think About What You Like .

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The Restaurant Times

SEPTEMBER 22, 2021

If you’re a true foodie, you must be aware of the latest buzz that food trucks have created in the market. Food trucks have already established themselves in a few metro cities like Delhi and Bangalore. How To Set Up A Thriving Food Truck Business In Mumbai. Choose The Right Location.

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The Food Corridor

SEPTEMBER 14, 2020

For foodservice vendors, food truck operators, manufacturers, market traders, chefs, and caterers who use shared-kitchen facilities, there’s a constant nagging worry that something will go wrong. The way to mitigate the risk is to take out a robust insurance policy. In a year like 2020, you never know what’s around the corner.

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Deliverect

MARCH 24, 2021

But every food business is different. With more people than ever ordering food to go, many restaurants have found off-premise orders outstripping dine-in customers. The food truck operator looking to scale. The advantage of a food truck is that it is a self-contained kitchen on wheels.

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Restaurant Engine

APRIL 14, 2021

Picking out a food truck that meets your needs can jump start your business. Food trucks are everywhere across the United States. Do you want to buy a food truck? Decide Between a Truck and a Trailer. The first thing you want to decide is if you want a truck or a trailer you pull behind your vehicle.

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Cheetah

MAY 17, 2021

billion dollar COVID-19 RRF to small food and beverage businesses. All food & beverage businesses for whom at least one third of their income is from onsite sales are eligible to apply. Restaurants, food trucks, caterers, bars and even bakeries and bowling alleys are not required to provide any evidence of this.

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Xtra Chef

APRIL 13, 2020

For food producers with limited resources, it can seem impossible to find a kitchen to rent that doesn’t completely destroy your limited margins. A commissary kitchen is a shared kitchen where space can be rented by the hour, or on a more permanent basis, for food storage, preparation, and cooking. Licensing and Insurance.

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Lavu

NOVEMBER 8, 2019

Even if you’re new to the restaurant industry, if you have made a purchase order, you’re already familiar with the cost of goods sold (COGS): It’s the amount you spend on all ingredients (and that’s it, this figure doesn’t show how much is spent on labor to prepare and deliver the food or drinks). Commissions. Prime Cost.

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The Food Corridor

APRIL 8, 2020

A secure facility is also essential from a food safety perspective. If you don’t know who is coming in and out of the kitchen, you can’t be sure what’s going into the food. Get Insurance. Comprehensive insurance can be hard to come by for shared kitchen operators due to the nature of the business and the risks involved.

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Bingage

JANUARY 15, 2020

No matter what type of restaurant you are running whether it’s fine dining or a food truck, all need the same efforts to make it call a successful food business. Running a restaurant is not only about taking orders and serving food. Begin with business planning and decide the concept. Restaurant Marketing study.

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SpotOn

DECEMBER 30, 2024

But not entirely because of inflation, labor shortages, and high food costs. Gross profit margin subtracts only the Cost of Goods Sold (COGS) to determine the profitability of your food and beverages, while net profit margin subtracts all your costs to determine the profitability of your entire operation. We all know it. Labor costs.

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Cheetah

OCTOBER 11, 2021

of Public Works has invested effort in permitting and guidelines that ensure parklets are safe, solid, insured and accessible, and of course – do not obstruct the sidewalks, roads or drainage. For many restaurants, adding seating and standing space is boosting both food sales and high margin cocktails. But this could change. .

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Sling

JUNE 19, 2020

For example, if Business A offers a competitive wage while Business B offers the same competitive wage as well as medical insurance, most job seekers will choose Business B because they receive something more than just a wage for their efforts. Life insurance. Overtime Pay. Federal law mandates that an employer must pay at least 1.5

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Sling

JUNE 1, 2021

In the foodservice industry, this cost is a bit more straightforward because the direct material costs and direct labor costs are simply the food and ingredients your restaurant uses to create its menu offerings and the wages you pay to those who cook the food and deliver it to the customers. He then works through the equation.

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Sling

AUGUST 8, 2024

How to start an event planning business: Stage 2 4) Apply for licenses and permits Every event planning business, no matter the size, needs the correct licenses, permits, registration, and insurance to operate legally in the United States.

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Open for Business

NOVEMBER 21, 2022

Aspiring restaurateurs once looked to the food truck as a way to break into the business. In spite of pervasive anxiety about a possible recession, people are still dropping money on food delivery. Ghost kitchens don’t need servers, bartenders, food runners, or hosts. Focus on the food. Less labor. New audience.

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The Food Corridor

MAY 7, 2020

Two common themes are food businesses transitioning to online ordering for delivery or curbside pickup, and others turning to an ecommerce model. Transition to Food Delivery or Ecommerce. Separate hot elements from cold, for example, and use appropriate packaging to keep the food at its best in transit.

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Clover - Restaurants

MARCH 26, 2024

Thousands of food and beverage makers across the United States use cottage food laws to sell edible or potable items they’ve made in their own homes. Caterers, food truck operators, and other types of cooks, rent access and amenities according to the needs of their businesses.

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Modern Restaurant Management

AUGUST 5, 2020

General Mills Foodservice' s Neighborhood to Nation Restaurant Recipe Contest will award $100,000 to restaurants and food trucks nationwide. ” Ervin Cohen & Jessup Launches Food, Beverage and Hospitality Practice. .” Neighborhood to Nation Restaurant Recipe Contest. ” DeliverThat Expansion.

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Restaurant365

OCTOBER 1, 2021

Generally, there are three areas of expenses that take up most of a restaurant’s budget: Cost of Goods Sold (CoGS, otherwise known as food costs). Your gross profit margin represents what is left over after you sell a dish and subtract the food cost of making that dish. Labor (from hourly wages to payroll taxes). Reduce CoGS.

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BNG Point of Sale

AUGUST 12, 2021

You get to offer delicious food in an inviting atmosphere and enjoy frequent customer interaction; and every day is different. This massive range is due to an equally broad range of factors, such as the type of restaurant, your overall costs, your food and drink pricing, and other expenses. Fast Food / Casual Restaurants: 6 to 9% .

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The Food Corridor

OCTOBER 29, 2021

Even when done perfectly, this system gives you no warning of an anomaly and doesn’t guarantee that food is staying within safe limits. He says: “The idea that if there’s a refrigerated unit that goes out of a safe temp zone, there’s an alert pushed out to the managers that allows them to avoid the loss of food, ingredients, or product.

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BNG Point of Sale

AUGUST 19, 2021

Cost of goods sold (CoGS): This is your cost for all food, drinks, and anything else you sell, such as T-shirts and hats. Food and drink inventory costs need to include the ingredients costs per meal or per drink. CoGS Percentage: Take your CoGS total and divide it by the food sales. Fast Food / Casual Restaurants: 6 to 9% .

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7 Shifts

JULY 12, 2024

Fixed costs Fixed costs are expenses that remain constant, including rent, insurance, and utilities. If transferring isn’t an option, you can try to reduce other fixed costs like insurance premiums. COGS is a restaurant metric that includes everything you spend on food and drinks to make the dishes you serve.

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