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Restaurant Profit Margins: A No-Brainer Guide to Maximizing Your Profits

Notch

For example, fast-food margins can be much higher than full-service restaurants. In 2016, the average net profit margin across the industry was a mere 3%. As an owner-operator, your restaurant likely sits at the center of your life. It's not only your business and your livelihood— it's also your dream. So, why do it?

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Restaurant Profit Margins: A No-Brainer Guide to Maximizing Your Profits

Notch

For example, fast-food margins can be much higher than full-service restaurants. In 2016, the average net profit margin across the industry was a mere 3%. As an owner-operator, your restaurant likely sits at the center of your life. It's not only your business and your livelihood— it's also your dream. So, why do it?

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Tops in Global Cuisine and Tips for Tots

Modern Restaurant Management

This edition of MRM News Bites features The American Food Association, Branch and Delaget, Restaurant Revolution Technologies, Popmenu, The Greene Turtle Sports Bar and Grille, ParTech, Casio America, Radobank, Koomi and Helios, Cudos, Postmates and TGI Fridays and Catania Oils. Best Korean Restaurant: BCD Tofu House. Los Angeles, CA.

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Safe Distancing Tech and a Farewell to Foam

Modern Restaurant Management

In this edition of MRM News Bites, read about efforts to help the restaurant industry and heroes as well as "new normal" restaurant technology and products. Dining Bond Goes Global. The Dining Bond Initiative, a campaign that helps get funds to restaurants impacted by the coronavirus COVID-19, has gone global.

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New & Notable: TEAM Schostak Celebrates 40, AI in Food Service and Beachy Tech

Modern Restaurant Management

New & Notable spotlights the latest news restaurateurs need to know. TEAM Schostak Family Celebrates Anniversary and Employees. TEAM Schostak Family Restaurants (TSFR) is celebrating its 40th anniversary along with the anniversaries of employees that have been with the company for 20 years or more.

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White Castle Flips for Flippy and Burma Bites

Modern Restaurant Management

This edition of MRM News Bites features tech companies winning funding, AI in the kitchen, DoorDash invests in brick and mortar and the gamification of food ordering. Ordermark Raises $120M in Series C Funding. Ordermark closed its $120M Series C funding round led by Softbank Vision Fund 2[1] and joined by returning investor Act One Ventures.

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MRM People & Places: Maki Madness and Pancakes for Life

Modern Restaurant Management

“VISIT PHILADELPHIA and the James Beard Foundation are thrilled for our unique partnership that brings the culinary and tourism industries together to make it easy for travelers to support delicious, diverse, and sustainable food,” said Jeff Guaracino, president and CEO, VISIT PHILADELPHIA.

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