This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Hiring a security firm can help protect your restaurant from disgruntled customers and crime, but which firm do you hire and what should you look for in a security team? Ask for References and Experience. Additionally, if you are interested in working with a particular company, you should ask to receive ample references.
Running a restaurant comes with a unique set of risks, especially when serving alcohol. For example, if your establishment serves alcohol to an intoxicated patron who subsequently drives and causes an accident, your business could be held liable for any resulting property damage, personal injury, or even fatalities, depending on local laws.
Obtain Permits and Licenses. Reference secondary research studies or create your surveys and questionnaires to send out to a select group of people! See why 500,000+ restaurant pros choose 7shifts for scheduling and team management. Recommended Reading: 15 Restaurant Metrics to Know and How To Use Them. Table of Contents.
Restaurant accounting isn’t easy. Learning basic accounting is like studying a different language, regardless of how many decades you have in the restaurant industry. Learning basic accounting is like studying a different language, regardless of how many decades you have in the restaurant industry. Sounds complicated?
However, note that bar profit margins vary due to various factors like tax rates, licensinglaws, customer demographics, and the cost of living in your area. Zoning and health regulations: Get acquainted with your location's zoning laws to know what to do, what permits to get, and what laws to follow.
Nair, a partner at Ervin Cohen & Jessup LLP compiles recent legal news affecting the restaurant, food and beverage and hospitality industries for Modern Restaurant Management (MRM) magazine. Currently, approximately 1,000 restaurants across New York City have foie gras on their menus. Legislation. Litigation.
Managing accounts payable (AP) for restaurants efficiently is vital to running a successful restaurant. Let’s explore key strategies for streamlining your restaurant’s AP process. Let’s explore key strategies for streamlining your restaurant’s AP process. Automation can be a game changer here.
Local, state, and federal laws make it mandatory that you do so. In most cases, a company’s Human Resources department maintains all employee documents and grants or denies access to those records on a need-to-know basis (and according to confidentiality and security laws). 1) Abide by all recordkeeping laws.
By managing to successfully run a food truck, you cut a lot of maintenance, utility, and wage expenses that come with owning a restaurant. Food trucks have become mini-restaurants with quality food and great service. It’s a simplistic way to go about fulfilling your restaurant dream, with less long-term stress. Business License.
Being a restaurant owner is hard work, but it’s rewarding. Restaurant startup costs can be seriously expensive, which is an obstacle to many would-be restaurant owners. The most difficult parts of being a restaurant owner are the beginning phases of opening your restaurant. Restaurant Startup Costs.
Beware: If you own more than one restaurant which operates under the same name, you may have created an illegal and unintended franchise. The New York Franchise Act is unquestionably the nation's harshest franchise law, because its definition of a franchise (discussed below) is so all-encompassing that it borders on absurd.
Liquor License. Keep your eyes and ears open; ask if your friends can refer you to a landlord; inquire about that empty space on your block that you’ve been walking by on your morning coffee runs; get on your bike and go a block to block, collecting contact information for listed spaces. Choose a POS and payroll system.
billion restaurant industry. The restaurant industry in the Emirate has undergone significant changes in the last couple of years with the inclusion of many exotic cuisines from all over the world, the addition of tens of thousands of new food businesses, and the use of technology, such as POS systems. Trade License.
Along the way, we’ll address such issues as: Working from home or a storefront The importance of state and local health codes Creating a business plan Getting incorporated and licensed Hiring and scheduling employees We’ll also discuss financing (to make it all possible) and advertising and marketing (to keep it all going).
But if you are considering the idea of learning how to start a small restaurant, this is the guide for you. Planning ahead When it comes to knowing how to start a small restaurant in the spring, planning ahead is the best step. Before you start, you want to consider the idea of hiring a restaurant consulting firm.
However, bars and restaurants can name their drinks whatever they want depending on their specific menus, as long as it helps staff respond correctly. Implementing an internal Angel Shot procedure Bars and restaurants with an Angel Shot program should establish clear written policies for staff on how to respond to coded orders.
The NTN board of directors reiterates the following: The negative impact of the COVID-19 pandemic on the restaurant and bar industry was abrupt and substantial, and NTN’s business, cash flows from operations and liquidity has suffered, and continues to suffer, materially as a result.
Most restaurants need funding, especially during the initial stages when they’re setting up. The purpose of this guide is to help you with all the ins and outs of funding a restaurant with top tips from those who have been there, seen it, and done it. What makes someone a good Investor?
Most frequently used in bars and restaurants in North America, the Buzztime tablets, mobile app and technology offer engaging solutions to establishments that have guests who experience dwell time, such as casinos, senior living, and more. Buzztime games have also been recently licensed by other businesses serving other markets.
But no, for the 5 o’Clock Somewhere Bar, one of four restaurants and bars at Manhattan’s new Margaritaville Resort Times Square, you must wait until the workday is over. Sure, the License to Chill Bar opens at 2, but it’s the principle of the thing. The entire resort is like if Ready Player One was only Jimmy Buffett references.
We organize all of the trending information in your field so you don't have to. Join 49,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content