How Restaurants Can Remain Competitive in 2021

7 Shifts

From a projected record growth at the top of the year to a decline of nearly $240 billion in sales and 2.5 Through it all, we emerge from the year as an industry in evolution—and our restaurants need to evolve with it. The result was a resounding yes in the name of cocktails.

2021 78

CHEFS – VALUE and the TOP LINE DRIVE the BOTTOM LINE

Culinary Cues

In the restaurant business there are really only two ways to view profit: a very small amount of profit balanced by very significant volume, or a significant amount of profit on far less volume. In both cases it is sales (the top line) that sets the stage for success.

2021 275
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5 tactics for restaurant success in 2021

ChowNow

In this blog, we’ve compiled tactics for restaurant success that will help you start 2021 on the right foot. Invest in the right online ordering platform. To be successful in 2021, it’s important to offer your customers more options for doing business with you.

2021 123

Be Nimble, Be Quick: What Consumers Want in 2021

Modern Restaurant Management

The old nursery rhyme, “Jack be nimble, Jack be quick” could sum up the actions of successful restaurant operators in 2020. And, based on our recent survey of 830 US consumers, it’s likely a good mantra for 2021. In other words, you have to be quick.

2021 127

CULINARY SCHOOL – STICK YOUR TOE IN THE WATER BEFORE BUYING A BOAT

Culinary Cues

There are a handful of very significant decisions that we make in life – decisions that involve tremendous commitments of time, effort, focus, and yes – money. In other words those who understand what they are getting into vs. those who don’t.

2021 338

MRM Research Roundup: Mid-January 2021 Edition

Modern Restaurant Management

restaurant industry closed one of the most unpopular years in history moving its way out of the steepest declines the industry has experienced since the Great Recession, reports The NPD Group. 37 percent of restaurants report outdoor dining as their biggest revenue driver during COVID-19.

2021 134

Restaurant Experts’ 2021 Outlook, Part Two

Modern Restaurant Management

Modern Restaurant Management (MRM) magazine asked restaurant industry experts for their opinions on what we can expect in 2021. Delivery and take-out will continue to be the most popular way consumers will get their restaurant meals in a COVID and post-COVID world.

2021 182

Get Ready for the Post-COVID Economy Now!

Embrace the Suck

I know I wrote a post a little while back saying that there would be a restaurant apocalypse in 2020. In fact, this market adjustment is needed. Then the stir crazy, cabin fever feelings start to set in. There’s safety—and therefore comfort—in numbers.

2021 237

Restaurant Tech You Need in 2021: Delivery Management and Optimization Solutions

Xtra Chef

Building your restaurant’s tech stack for 2021. Entering 2021, there are a wide range of restaurant technologies that you should consider adding to your tech stack to superpower your business. Since 2014, the delivery industry has grown 300% faster than dine-in traffic.

2021 89

Virtually Delicious: Setting the Table for Digital-First Dining

Modern Restaurant Management

Creating an entire restaurant, after all, is a massive undertaking, even when not in the middle of an industry-wrecking pandemic. First, identify a gap in the market—often using a delivery system’s regional data to see which cravings went unsatisfied.

2021 158

Five Ways to Create a Safer Dining Experience and Workplace

Modern Restaurant Management

In response to the unparalleled challenges created by the COVID-19 crisis, restaurants are going to great lengths to adhere to countless hygiene protocols that will provide a safer, cleaner environment for their customers and employees.

2021 105

Controlling Restaurant Prime Cost by Empowering Store-Level Managers at All Your Locations

Restaurant365

depends on empowering your store-level managers to access data in the systems you implement. Instead, set managers up for success by providing a map to help guide them to prime cost goals, with detailed data in hand.

2021 78

Controlling Restaurant Prime Cost by Empowering Store-Level Managers at All Your Locations

Restaurant365

Controlling your restaurant prime cost depends on empowering your store-level managers to access data in the systems you implement. Instead, set managers up for success by providing a map to help guide them to prime cost goals, with detailed data in hand.

2021 78

How Can Restaurants Manage the Disposables Dilemma?

Modern Restaurant Management

Q: How can restaurateurs get their hands on the right disposable products and packaging to support off-premise dining and ensure operational costs don’t increase with the high demand? Take-out and off-premises dining aren’t going anywhere.

2021 119

MRM EXCLUSIVE: Five CX Strategies Restaurants Can Use to Gain a Competitive Edge During Challenging Times

Modern Restaurant Management

According to Upserve’s 2020 State of the Restaurant Industry Report, the industry will collectively lose $240 billion, with casual dining sales volume down by 60 percent and fast casual down 50 percent. Keeping Employees Happy and Engaged in their Work.

2021 133

The Latest Restaurant Industry Trends to Watch Out for in 2021

The Restaurant Times

This article covers restaurant industry trends that restaurant owners must adopt in 2021 to sustain and strengthen their businesses. . Trends That Will Reshape The Restaurant Industry in 2021. Off-Premise Dining. Contactless Dining.

2021 52

2021: A Year of Strategic Questions for Restaurants 

Modern Restaurant Management

Perhaps the biggest question on restaurateurs’ minds right now is: “Do I plan for the 2021 I was expecting, or can I just go back to 2019?” My colleagues and I at EPAM Continuum have been thinking of 2021 and the trends that will soon be served to us.

2021 147

Boosting Your Restaurant Business During the Pandemic

Modern Restaurant Management

Given that many are not yet comfortable dining out, restaurant businesses are struggling to make ends meet. COVID-19, in that regard, has definitely changed the future of restaurants. If you have not put in a takeout or delivery program, it's not too late. Delivery and DIY.

2021 118

For Restaurants, 2021 Budgeting Will Require a Three-Tiered Approach 

Modern Restaurant Management

The high levels of uncertainty surrounding the future of the COVID-19 pandemic highlight the importance for restaurants to rethink their approach to budgeting for 2021. The ripple effects of COVID-19 forced restaurants to make significant changes in several areas of their operations.

2021 119

The 5 Biggest Restaurant Food Trends to Watch in 2021

Goliath Consulting

Now that 2021 is only weeks away, we are making predictions on what the new year will bring. Here are our top 5 food and restaurant trend predictions for 2021 and beyond. Consumer behavior has also shifted, many preferring contactless options and off-premise dining than dining in.

2021 101

5 Steps to Clean and Sanitize Your Restaurant

FreshCheq

Since the coronavirus, our customers need reassurance that it is safe to eat and dine in our restaurants. Let’s face it, it is more important now than ever to have a clean safe restaurant for your customers.

2021 78

16 Exciting Ways to Eat in Albuquerque Right Now

EATER

Where to find New Mexico’s favorite biscochitos, a revitalizing plate of carne adovada, and a food hall full of takeout from the city’s best chefs Like its famed enchiladas drowned in blankets of red and green chile sauce, Albuquerque is swimming in traditional New Mexican restaurants.

2021 113

What Restaurants Need to Know About Auto Insurance 

Modern Restaurant Management

The Pandemic-Driven Rise in Food Delivery. With the COVID-19 pandemic likely to limit dine-in service for the foreseeable future, restaurants today are scrambling to adjust their business model in order to make up for declining revenue.

Restaurant Business Trends to Follow in 2021

Goliath Consulting

Here are our best guesses for the business trends of 2021. Part of its upsurge comes from off-premise dining becoming widely adopted due to the pandemic, but there’s been an overall uptick in digital sales that’s helped drive-thrus gain significant traction.

2021 115

Melbourne vs Sydney - What makes a ‘Sydney’ restaurant?

Future Food

In the course of our work, we have noticed that there are some venues that just say ‘Sydney’. We also know that over the years, Sydney restaurateurs haven’t lit up the world in Melbourne (and vice versa, we might add). In Melbourne, there are less than half that total.

2021 85

6 Tips for Restaurant Success in 2021

Restaurant Engine

It seems poised to continue at least for part of 2021. With restaurants across the United States pivoting on an almost weekly basis, many owners are wondering how to be successful in the coming year. To help you, we look at six tips for restaurant success in 2021. #1:

2021 81

How the Pandemic Broadened My Horizons as a Diner

EATER

Nami Nori in New York | Nami Nori [Official]. From the Editor: Everything you missed in food news last week This post originally appeared on January 16, 2020 in Amanda Kludt’s newsletter “From the Editor,” a roundup of the most vital news and stories in the food world each week.

2021 69

How the State of Texas Worked to Block Austin’s New Year’s Dine-In Curfew

EATER

Getty Images.

2021 87

12 Restaurant Operational Challenges and Opportunities for 2021

Restaurant365

COVID-19 has prompted massive changes in how restaurants operate. No one knows exactly what will happen in 2021, but if you are a restaurant owner or operator, it’s certain you are thinking ahead to what’s next for your business.

2021 78

What's the future for delivery and online ordering in 2021?

Deliverect

The pandemic accelerated the inevitable march towards more tech in every area of the restaurant – something people were predicting. What’s in store for 2021? Now that the dust has somewhat settled, let’s take a look at what the future holds in 2021.

2021 92

New York Is ‘Not Contemplating’ a Return to Indoor Dining in NYC Even as Other U.S. Cities Reopen

EATER

The announcement comes on the heels of growing calls to reopen the city for indoor dining [link

2021 56

How NYC.PIE is Creating A Niche In The Pizzeria Market

The Restaurant Times

NYC.PIE was founded by Mr. Raj Rao, an F&B veteran in August of 2014. Raj worked in the US for 30 odd years and on returning to India, he could not find a stand-alone Pizza place apart from the 5-star hotel brands and felt that he needs to do something about it.

2021 69

How To Grow a Business in a Down Economy

Foodable

In this episode of The Barron Report, host Paul Barron sits down with Adam Halberg, the chief executive officer of Barcelona Wine Bar , to explore how businesses in the restaurant and hospitality industry could use the economic downturn as an opportunity to increase brand awareness.

2021 52

11 Restaurant Management Best Practices to Maximize Your Performance in 2021

Restaurant365

The year 2020 prompted enormous changes in the restaurant industry. As 2021 begins, there are many restaurant management best practices that can be applied to strengthen your business, in the short and long term. Here are 11 tips to set yourself up for success in 2021.

How Much This Detroit Food Hall Spent Pivoting During the COVID-19 Crisis

EATER

The winterized outdoor dining setup at Detroit Shipping Company. Detroit Shipping Company opens its books to show the highs and lows of operating during the pandemic Annoyingly techie but excruciatingly precise, “pivoting” is now a loaded term in the restaurant world.

2021 52

How the New Stimulus Package Helps Restaurants

7 Shifts

The National Restaurant Association supported the bill in a statement: “The action taken by Congress today will keep tens of thousands of restaurants from closing in the coming months,” said Tom Bené, President & CEO. The new stimulus bill adds $20 billion in funding to the program.

2021 98

How Video Email Marketing Can Improve Your Restaurant Branding

Modern Restaurant Management

In fact, 65 percent of small businesses use email to communicate with their clients. This is especially true if you wish to boost awareness about your restaurant, attracting new dine-ins, or enticing customers to keep coming back. Include “Video” in Your Subject Line.

26 Exciting Ways to Eat in Cincinnati Right Now

EATER

From a CBD-infused take on Sonic to a pop-up bakery offering dalgona coffee pie to drive-thru chili-topped spaghetti, here’s where to eat in the Queen City The Queen City of the West was in the midst of a dining boom before the coronavirus pandemic hit. Gina Weathersby.

2021 60

How to Make Your Restaurant Eco-Friendly

Restaurant Smart

Did you know that 65% of consumers are likely to dine in restaurants that are eco-friendly than restaurants that offer organic food? Well, this is because sustainability is very important, especially in today’s society.

2021 52

7 Tips for Hospitality Marketing During COVID-19

Social Hospitality

It’s always best to evaluate your key metrics , in the middle of a crisis and during a regular business year. With this information in hand, you might be able to predict what’s coming next. When you finish with those clients, go beyond current customers and contact new companies in your area. 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.

Sushi Success Story: How Technology Helped Bronx Restaurant Do the COVID Pivot

Modern Restaurant Management

“Pre-COVID-19 the business was mainly dine-in. In March, everything changed and we had to make the difficult decision to close the business,” he said. Chayon feels the investment he made in his business has been worth it.

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

ChowNow

The biggest factor that we’ve seen is a huge spike in restaurant delivery and takeout software. Across the market, we’re seeing that restaurants that had some sort of off-premise delivery and takeout infrastructure in place are faring way better.

Tips for Keeping Restaurants Afloat as COVID Cases Spike

Modern Restaurant Management

However, as the bill works its way through further approvals, restaurants are in a position where they must continue honing their strategies for handling the consequences of the pandemic while keeping customers coming through the doors. COVID Will Challenge 2021, But Restaurants Can Be Smart.