In the competitive restaurant industry, savvy operators are constantly seeking ways to maximize their profits and enhance the overall customer experience. Upselling in restaurants involves encouraging...
Prime cost is a key metric for restaurant operators, covering the two biggest expenses: cost of goods sold (COGS) and labor costs. Knowing how to calculate prime cost is crucial for making informed...
In the competitive restaurant industry, a referral program can be a game-changer. Industry data shows that 61% of diners rely on friends, family, and coworkers to find new places to eat. This...
Cutting overhead costs is key for restaurateurs aiming to boost profit margins without price hikes. This piece will delve into effective ways to trim expenses, enabling owners to better their...
In the competitive restaurant industry, smart operators are adopting prix fixe menus to increase diner traffic and profitability. A prix fixe menu, derived from the French term “fixed...
The trend of pet ownership has surged, leading to a growing need for pet-friendly restaurants. To run such a venue, meticulous planning, preparation, and attention to detail are essential. This guide...
Starting a restaurant demands a substantial upfront investment for expenses like equipment, leasehold improvements, inventory, marketing, and working capital. A restaurant loan can offer the capital...
The catering industry in the United States is set to reach $109 billion by 2030, offering a lucrative avenue for restaurants to expand their earnings. Yet, securing more catering orders poses a...
The term “farm-to-table” has become synonymous with dining establishments that champion locally sourced, fresh ingredients. At the core of this movement lies a direct link between the...
Menu pricing is a crucial step in setting the right sales price for your restaurant’s offerings. It requires the use of key performance indicators (KPIs) like revenue goals, costs, and other...
The haute end of the restaurant industry is now a hub of multi-sensory intrigue. Establishments across the United States are experimenting with cocoon-like dining spaces and mood-altering lights...
No-shows inflict significant financial and emotional strain on restaurants. It’s challenging not to feel a personal sting when diners cancel at the last minute, leading to substantial revenue...