Restaurant Business Trends to Follow in 2021

Goliath Consulting

Here are our best guesses for the business trends of 2021. TECH: Social distancing and contact-free technology will be indispensable in 2021, as sanitation and safety concerns around COVID-19 remain (14). 2020 has been quite a learning experience.

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2020’s Marketing Lessons Hold Advice for 2021 and Beyond

Modern Restaurant Management

And when it comes to those marketing plans, 2020’s lessons will, at least, provide good advice for 2021 and the years to come. When it comes to those marketing plans, 2020’s lessons will, at least, provide good advice for 2021 and the years to come.

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Why Now and into 2021 is a Great Time to Buy a Franchise

Goliath Consulting

2020 and 2021 will be optimal years to take advantage of low interest rates and better deals with the franchisors. The post Why Now and into 2021 is a Great Time to Buy a Franchise appeared first on Goliath Consulting Group.

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Budget 2021: Reflecting on Schemes and Supports


The post Budget 2021: Reflecting on Schemes and Supports appeared first on Bizimply PWC stated that this year's budget needed to “strike a note of confidence in the face of a perfect storm of threats”.

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Girl Scouts Announce A New Cookie For Their 2021 Lineup

The Salt

The new French-toast inspired cookie is called Toast-Yay! The Girl Scouts say they will begin selling cookies in January — online and through virtual cookie booths

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NYSE Regulation Accepts Plan for NTN Buzztime, Inc. to Regain Compliance by September 2021

Buzztime Business

on June 11, 2020, stating it accepted the company’s plan to regain compliance with Section 1003(a)(iii) of the NYSE American Company Guide by September 27, 2021, and granted the company a plan period through… The post NYSE Regulation Accepts Plan for NTN Buzztime, Inc. to Regain Compliance by September 2021 appeared first on Buzztime. CARLSBAD, Calif., June 15, 2020 — NTN Buzztime, Inc. NYSE American: NTN), announced it received a letter from NYSE Regulation, Inc.

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7 Tips for Hospitality Marketing During COVID-19

Social Hospitality

In fact, Marriott Bonvoy members who had free nights available were notified and told that these benefits could now be used through January 31, 2021. As worldwide markets continue to feel the pain of COVID-19, companies of every size are suffering from the effects. However, no one understands the consequences more than the travel and hospitality industries. The impact of Coronavirus on restaurants and hotels has been insurmountable. .

What You Need to Know about the Social Security Payroll Tax Deferral Notice

Hot Schedules

The Notice further provides that an employer must withhold and pay the total taxes deferred ratably from wages paid between January 1, 2021, and April 30, 2021. What You Need to Know about the Social Security Payroll Tax Deferral Notice.

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Ask an Expert: What management software do restaurants need right now?


What restaurant management software will be critical for restaurants in 2021? Over 100,000 restaurants have closed permanently or long-term during the pandemic, and the prospects of desperately needed government relief aren’t looking good.

The 2020 James Beard Awards Are Effectively Cancelled


And no chef and restaurant awards will be handed out in 2021, either There will be no James Beard Awards handed out to outstanding chefs and restaurants this year. James Beard Foundation.

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Slow Wine Announces New US Editor For The Slow Wine Guide


The appointment follows the announcement of a new digital approach for reviewing wines for the 2021 Guide. Slow Wine Editore announces some important changes and news for the next 2021 edition of its English-language edition of the Slow Wine Guide, which this year successfully celebrated its 10th anniversary. The Slow Wine Tour will come back in the US in 2021 with a new edition that is destined to remain in history.

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Trends for 2022: Re-engaging with Food in a Design Led World

Future Food

2021 is going to be, in the parlance of your local footy team, a rebuilding year. So much damage has been done to retail in general and hospitality in particular this year that 2021 is going to be a year to heal, slowly getting back on public transport and getting settled into the Next Normal.

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Menu Development and Business Planning Resources

Goliath Consulting

The outline below will get you started on building a plan to optimize your business to keep your doors open and be prepared to capitalize on opportunities that will present themselves into 2021. In the last few months, we have all seen a historical change in how restaurants operate and how restaurants have adapted to the new business environment that is a result of the coronavirus pandemic.

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Restaurants Brace for Second Wave of COVID-19

Restaurant Engine

government’s most ambitious pharmaceutical partnership in history, Operation Warp Speed, has a goal of finding a vaccine for COVID-19 by January 2021, with manufacturing tens of millions of doses extending until at least March 2021 at the earliest. As New Jersey and New York reopen outdoor dining at restaurants and progress to “Phase 2” reopenings, hospitalizations are soaring in Arizona, Texas, Florida, and Tennessee.

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Second Wave of Restaurant Chain Bankruptcy Filings Could Offer New Opportunities  

Modern Restaurant Management

The same intensity will also mark what the restaurant bankruptcy “industry” as a whole will experience in the second half of 2020, through at least, the middle of 2021.

Why Become a Franchise Owner?

Goliath Consulting

We discussed in our earlier blogs why it is a great time to buy a food franchise in 2020 through 2021. The Benefits of Owning a Franchise Restaurant Business.

Your 5-Minute Guide to the New FDA Nutrition Facts Label


Manufacturers with less than $10 million in annual food sales must comply by Jan 1, 2021. Manufacturers of single-ingredient sugars like honey or syrup (and certain cranberry products) must comply by July 1, 2021. Everyone knows the Nutrition Facts label — it’s been around so long that it’s become part of the background. Most consumers barely notice it.

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The Future is Now Keynote | Paul Barron


Data currently suggests that grocery stores will outpace restaurants through 2021, largely due to consumer behavior changes during the COVID-19 crisis. In 2021, we will see a smaller group of consumers using third party delivery, and it will continue its decline into 2023.” - Paul Barron “$125 billion is my estimate for 2025 [for fast casual revenue projections]. Food Leaders blends virtual experiences with premium production and content to educate business operators worldwide.

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Simple Restaurant Marketing Plan for 2020 [PDF Template]

7 Shifts

There are only 4 months of 2020 left where you can push your restaurant’s marketing hard and set yourself up for success going into 2021. So far, 2020 has thrown marketing plans, advertising budgets, and restaurant growth out of the window.

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YEA: Restaurants Showing Resiliency with New Openings

Modern Restaurant Management

" The rating agency's analysts expect operating profit to decline by more than 30 percent this year due to coronavirus-related business restrictions, and grow by around 15 percent in 2021. "The

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The New ‘Top Chef’ Season Begins Filming With Past Winners and Contestants Returning as Judges


The Portland season will air in 2021. Bravo. Plus, Michelin will not release the 2020 guide to Singapore, and more news to start your day. Top Chef is in production again, and will feature a returning slew of familiar faces.

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MRM Franchise Feed: Frictionless QDOBA and Crisp & Greens Goes National

Modern Restaurant Management

The program will begin accepting applications in the first quarter of 2021. Starting in 2021, select Burger King® restaurants in New York City, Portland, and Tokyo will be among the first to implement the model, with more cities expected to be added in the coming months.

Defining a Post-COVID19 Consumer: What Your Guests Will Look for When They Walk Through Your Doors

Goliath Consulting

First, we know that consumers will continue to regard safety and sanitation in high importance, possibly going towards 2021 (1). But studies have so far illustrated that nationwide spending has been gradually ticking upwards and that most businesses are expected to bounce back in 2021 (2). by Bora Kang. You’ve re-opened your restaurant, congratulations! But much has changed since you’ve last had dine-in guests; consumer spending behavior and eating habits have been reset.

The State of New York Restaurants in 2020

7 Shifts

Now, the City Council of New York City has voted to extend local law 1932-A until March 31st, 2021. As the Head of U.S. Operations for 7shifts, I have been based in the New York technology and hospitality space for years (including a leadership role at Yelp for nearly a decade). Never before has our local market experienced such a massive disruption to the restaurant industry as we are experiencing with the Coronavirus pandemic.

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New Norms for Restaurants Will Become Permanent

Restaurant Engine

Restaurant owners now understand that the dining changes caused by COVID-19 will persist through 2021. Dining will not return to normal; dining will develop a new normal.

3 Exciting Strategies You’ll Love to Sell Wine Online

A Wine Story

The Central Coast Insights is scheduled for March 30, 2021. 3 Exciting Strategies You'll Love to Sell Wine Online. Sell Wine Online - Gems from Central Coast Insights, Wine Business Monthly. Looking to sell wine online?

Why You Should Market Your Garage with Auto Shop Videos

Indoor Media

This coveted top rank is essential because it’s believed that video traffic will be 80% of all internet traffic by 2021. Given the competitive landscape today, if you have a website or use social media for your auto shop, including auto shop videos is a must if you want to engage your audience. As an auto shop owner, you understand how important it is to stand out from your competitor. Video marketing is another way to promote your business and attract new customers.

5 Best Restaurant Reservation Systems Compared: Resy, OpenTable, Yelp, Tock, Toast


To help our restaurant partners reopen, we’ve extended price cuts through March 2021 and added new features to make it easier for restaurants to respond quickly to policy changes and get back online”. Reading Time: 5 minutes.

Which Restaurant Reservation System Is Best for Me: Resy vs OpenTable vs Yelp vs Tock


Reading Time: 5 minutes. Restaurant reservation systems help solve one of the biggest challenges of the foodservice industry – managing the constant influx of reservations and customers.

Four Hands-Free Solutions to Help Make Your Restaurant Touchless

Modern Restaurant Management

Many restaurants and dining establishments are looking to implement new innovations heading into 2021. COVID-19 has changed how the foodservice world operates. One trend gaining traction is touchless technology.

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The Fast-Food Breakfast Menu, Predicted Star of 2020, Is Flopping


debut: first to Coca-Cola subscribers this week, and then to the general public in January 2021. Photo: Kevin Khoo /Shutterstock. Plus, Coke is debuting a coffee-flavored soda, and more news to start your day Without morning commuters, fast-food breakfast is still in a slump.

London Wine Beer & Spirits Competitions promoted globally


The winners in the London Competitions in 2020 will be shown at ProWein in 2021. ProWein: From 2021 a selection of the medal winners in the 2020 awards will be exhibited at a special area at the global ProWein trade fair. IBWSS: Medal winners will also be presented to the trade at the International Bulk Wine & Spirits Shows taking place in 2021, including London on March 17-18.

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5 Key Profitable Strategies for Cloud Kitchen Businesses in the UAE

The Restaurant Times

Food To Go, another Dubai-based cloud kitchen concept, has planned for further expansion across the GCC region by 2021. Cloud kitchens, also known as ghost kitchens, virtual restaurants, dark kitchens, or delivery-only restaurants, have become more prevalent in the current restaurant scenario.

Chefs Withdraw From List of James Beard Award Nominees for Murky Reasons


As the restaurant industry continues to suffer the combined effects of a pandemic and an economic crisis, the organization has canceled the Chef and Restaurant Awards ceremony for both 2020 and 2021. James Beard Foundation.

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How QSRs Can Leverage Mobile to Win Back Customers

Modern Restaurant Management

Previously, they relied on sales from people going to locations near their office during their lunch breaks, and office workers may not be back in some parts of the country until 2021 at the earliest. The coronavirus pandemic has greatly disrupted businesses across every sector, but the economic situation has proven to be especially difficult for the restaurant industry.

The Restaurant of the Future Scorecard


What types of restaurants will survive the current situation in urban centers, where most employees are working from home through at least early 2021?

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How Our Family-Owned Restaurant is Coping with COVID-19

Xtra Chef

I currently study Marketing at Temple University and am looking forward to graduation in May 2021. This blog is being posted on behalf of xtraCHEF’s Marketing Intern, Kali Masciangelo. . Hi, I’m Kali , xtraCHEF’s Marketing Intern. I chose xtraCHEF for my internship so I could learn more about the industry that I love and am already very close to.

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Guest Blog: Tax Strategies as You Reopen Your Restaurant


Fifty percent of the deferred taxes must be deposited by December 31, 2021, and the remainder by December 31, 2022. While many American businesses have been impacted by COVID-19, the restaurant industry is among those hit hardest. In response, many restaurants adapted to shutdowns across the country by offering drive-through or curbside pick-up, allowing them to remain partially open and serve customers who were sheltering in place.

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How Restaurant and Bars Can Prepare for the Long Haul to Recovery


Restaurants may see business return to some semblance of normalcy by Q2 2021. Check out the Restaurant Recovery Resource to keep up to date on the latest innovations and ideas to help your business recover from the crisis.

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This week in restaurant news: JBF awards canceled, negotiating with landlords, NYC’s indoor dining question


The foundation will also forgo its 2021 presentation in favor of championing the independent restaurant community. Every week we’re rounding up some of our favorite articles with trends and tidbits from the world of restaurants. Tell us: what made your reading list this week? Why We’re Not Announcing the Remaining 2020 Award Winners – James Beard Foundation.

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