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5 Tips for Financing a Second Restaurant Location

Restaurant Engine

When your first restaurant is highly successful, it’s time to think about opening another. Your restaurant is highly successful, and the time has come for you to think about opening another location. It’s really exciting to ponder opening another restaurant, so can you just dive in? 1: Research Your Costs.

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The Ultimate Guide to Getting a Restaurant Business Loan

7 Shifts

Starting a successful restaurant requires passion, hard work and persistence. It also requires money to open a restaurant and build it out, buy equipment and finance the operation until it reaches break-even. Create a Restaurant Business Plan. Getting Your Restaurant Business Loan. Table of Contents.

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Seven Traits of Successful Restaurant Owners and Managers

7 Shifts

Successful restaurant owners have many traits in common. Here we've outlined seven practices of highly successful restaurant owners. Keep Close Track of Your Finances The statistics can seem daunting. Keeping accurate track of your restaurant’s finances is essential to building a successful restaurant.

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How to Expand Your Franchise: A 10-Step Roadmap for Restaurants

7 Shifts

The people have spoken, and your restaurant franchise is a winner. In a sea of restaurants nationwide, yours has stuck out and been successful. Therefore, it might be time to expand your franchise and lay the foundation for one (or even several) more franchise locations. Here are some of the questions you should ask yourself.

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MRM Research Roundup: 2022 Restaurant Trends

Modern Restaurant Management

The Pandemic Has Permanently Altered the Consumer-Restaurant Relationships. The pandemic has permanently altered the consumer-restaurant relationship with operators investing in technology and real estate to align with changing consumer preferences, according to the 2021 Restaurant Franchise Pulse survey, conducted by TD Bank.

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MRM Research Roundup: Mid-December 2020 Edition

Modern Restaurant Management

This edition of MRM Research Roundup features news that consumers plan to put restaurants at the top of their shopping lists, the latest stats for on premise and why the restaurant of the future is here now. Nearly half (48 percent) of respondents also said they are likely to buy gift cards from a local independent restaurant.

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20 Restaurant Skills You'll Quickly Learn on the Job (Updated)

7 Shifts

Working in a restaurant is something more than 11 million people in the United States do. It's one of the most hands-on jobs you can have - and equips employees with an abundance of restaurant skills as a result. Plus tips for writing a killer restaurant resume to get the position in the first place. Food allergies.