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Sweetgreen’s IPO Proves, Once and for All, That It’s a Big Boy Tech Company

EATER

As Dan Primack at Axios points out , those losses reported in the IPO filing — occurring every year since 2014 — contradict the chain’s claims in 2018 and 2019 that it was profitable. In a 2018 interview with Recode, co-founder Jonathan Neman described the chain as a “food platform,” not simply a restaurant.

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Plant Based Desserts to Boost Restaurant Profits This Winter

Cheetah

For restaurant operators, shifting to plant-based ‘cash-cows’ not only makes economic sense, but it has never been easier. Consumer demand for vegan desserts is driven by a growing awareness of the impact food has on individual and environmental well-being. In 2018, 25% of Americans aged 25-34 defined themselves as vegetarian or vegan.

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Plant Based Protein Adds Innovation, Sustainability and Profits to Restaurant Menus

Sante

Restaurant sales of plant based meat substitutes increased 87% last year, according to Buyer’s Edge Platform , a restaurant supply chain company that helps operators use technology to save money and run their restaurants more efficiently. In 2019 available varieties jumped to 51 items that were available to order.

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What Now? COVID-19 Survival Guide for Restaurants

Modern Restaurant Management

Due to the Covid-19 outbreak effect on the restaurant industry, Modern Restaurant Management (MRM) magazine is compiling a list of resources available for restaurant owners, operators and managers. As reports of the disease spread, so do concerns about supply chain disruption, business operations, and employee safety and well-being.

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Eli’s Restaurant Group Recoups $1.1 Million Prime Cost Gap During Pandemic with Restaurant365

Restaurant365

Eli’s implemented Restaurant365 in 2018, but until recently the restaurant group used the platform only on the accounting side of the business. Prior to expanding how they used Restaurant365, says Mr. Steinbach, Eli’s wasn’t generating consistent nor accurate data for food and labor costs.

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MRM Research Roundup: Mid-July 2020 Edition

Modern Restaurant Management

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features Grubhub's State of the Plate 2020 trend report, the fragility of "open," di g ital resilience and brand intimacy. State of the Plate 2020 – top foods across various cities. Top Foods of 2020. Financial Trends Insights.

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Restaurant Taxes: Top 12 Tax Deductions and Tips For Restaurants

Harbor Touch

Using your vehicle to deliver food or for catering, events are eligible for mileage deductions, but you can deduct either the miles you drive for business OR the actual expenses incurred. It can be included in the cost of food or recorded separately. Mileage Deductions. Keep Proper Records. Explore Business Tax Credit. Employee Tips.