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‘A Core Tenet of the Hospitality Space Is that You Focus on People Over Profits’

Modern Restaurant Management

The report found demand for eggs has skyrocketed , with per capita consumption growing 20 percent from 2016-2019. ” Total egg laying hen inventories, including conventionally raised hens, have not been substantially depleted from where they were at the beginning of the HPAI outbreak, according to the CoBank report.

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‘A Core Tenant of the Hospitality Space Is that You Focus on People Over Profits’

Modern Restaurant Management

The report found demand for eggs has skyrocketed , with per capita consumption growing 20 percent from 2016-2019. ” Total egg laying hen inventories, including conventionally raised hens, have not been substantially depleted from where they were at the beginning of the HPAI outbreak, according to the CoBank report.

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Lighting Up the Denver Restaurant Scene

Modern Restaurant Management

Concepted by college friends and founding members of Four Corners Restaurant Group—Andy Gloor and Matt Menna—the restaurant/bar traces its roots to Chicago, where the first Federales was opened in 2016 in Chicago’s West Loop.

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15 Restaurant Metrics to Know and How To Use Them

7 Shifts

Inventory turnover ratio. Your CoGSs is an essential number to have when determining your menu prices, inventory and impacts your net profit margin. To calculate your COGs, you need the following numbers: Beginning Inventory, or the value of the inventory you start with. Ending inventory , or what you have leftover.

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The Ultimate Guide to Restaurant Costs

7 Shifts

For example, though food costs are running costs, you should budget for beginning inventory when opening your restaurant Many of your startup costs will be one-off costs, though some are subject to annual renewals Restaurant Expenses Vs. Restaurant Costs One often confused (and misused) sets of terms are restaurant costs and restaurant expenses.

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Case Study: How a Food Truck Can Open Doors to Restaurant Ownership

Modern Restaurant Management

Kyle Gorlie opened his Vet Chef food truck in 2016. Gorlie’s initial investment on the Vet Chef’s opening day was $41,200, and that includes the food inventory for their first service. In four years of operation, he’s doubled his sales every year, and today pulls in more than $475,000 a year. Lower start-up expenses.

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A Day in the Life of Whole Animal Butcher Heather Marold Thomason

EATER

When Thomason opened her Philadelphia-based whole animal butcher business in 2016, her goal was to improve the local food supply chains that supported farmers. I think it’s really just my personality.”.