Bevspot

JULY 8, 2015

Low Profit Margin According to a 2014 study by Sageworks , average restaurant industry net profit margins in 2014 were just 5.1%, up from a low of 0.4% This grind makes it near impossible for managers and owners to retain good talent, thus leading to constant recruiting and training of new personnel that will likely leave as well.

2014 52

2014 2003 Cash Management 2008 52

Bevspot

JULY 8, 2015

According to a 2014 study by Sageworks , average restaurant industry net profit margins in 2014 were just 5.1%, up from a low of 0.4% Here are 3 of the biggest reasons: High competition: The sheer number of options consumers have limit the prices restaurants can charge. Why such a contrast? And the worst part?

2014 52

2014 2003 Cash Management 2008 52

EATER

FEBRUARY 18, 2022

Under US occupation, more sugarcane was planted as a cash crop, replacing the diverse foods farmers had grown for islanders. To protect its own industries (and prevent meat prices going up), the Nixon administration restricted exports of American soy. A protein panic rippled out across the agricultural world.

Food Supply 98

Food Supply Small Business Food Truck Agriculture 98

Kounta

NOVEMBER 6, 2019

Deciding what you want and how much time you have available can also impact the size of the business you want to own; a small Monday to Friday business may be cheaper to purchase or establish, but the revenue may be significantly less, and can’t support a Manager, where a larger business can, offering greater flexibility.

Café 40

Café Franchise Franchising Food Safety 40

Modern Restaurant Management

OCTOBER 31, 2019

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features interesting and insightful trends from Upserve, order for pickup guest experience study results, the Fraud Aftershock Index and the importance of foot traffic. Reputation Management Revolution. National Menu Trends. Uberall, Inc.

2019 132

2019 Mobile Ordering Online Ordering Customer Experience 132

EATER

MARCH 22, 2024

Annual dues can run as high as $5,000, a small price to pay to rub elbows with legit celebrities like Amy Adams, or to spot Prince Harry and Meghan Markle out on date night. Somehow, the "wrong crowd" managed to infiltrate New York’s Soho House — a crowd of corporate suits. So, it’s entirely subjective.)

Back of House 114

Back of House Social Media 2017 Hotels 114

EATER

MARCH 22, 2024

Annual dues can run as high as $5,000, a small price to pay to rub elbows with legit celebrities like Amy Adams, or to spot Prince Harry and Meghan Markle out on date night. Somehow, the "wrong crowd" managed to infiltrate New York’s Soho House — a crowd of corporate suits. So, it’s entirely subjective.)

Back of House 107

Back of House Social Media 2017 Hotels 107

EATER

JUNE 12, 2023

This creation — a mound of thinly shaved onions is smashed into a beef patty as it sizzles on the griddle — was a thrifty innovation that allowed the owners of the Hamburger Inn to keep prices low during the Great Depression by using less beef. Dovas died in 2014, and his family continues to run the business.

Seasonal Menu 108

Seasonal Menu Back of House Food Order Dine-in 108

Modern Restaurant Management

FEBRUARY 19, 2020

Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. In addition, Clark served as General Manager for Taco Bell Canada, where she delivered record double digit same store sales growth for two years in a row.

Franchise 109

Franchise Franchising Fast Casual Point of Sale 109

Modern Restaurant Management

MAY 5, 2020

. “This pandemic has shed light on how technology can be used to quickly adapt core services within the food industry like delivery, fulfillment, and supply chains," said Lior Susan, Founder and Managing Partner at Eclipse. Giftaplate.org Helps Families in Need. Plate IQ is currently partnering with HotSchedules, PayActiv and ICR.

Guest Recovery 102

Guest Recovery Food Safety Loyalty Program Point of Sale 102

Modern Restaurant Management

JUNE 14, 2020

That’s why we carefully planned every detail of the space around flexibility, accessibility, efficiency, and connection – in addition, our members are excited to impress their clients in our space without the cost and hassle of having to manage a building such as ours on their own.” Increased Loyalty Program Participation.

Food Safety 136

Food Safety Loyalty Program Kitchen Safety Online Ordering 136