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You can't scroll news sites without seeing more articles about inflation, but was does it mean for restaurants? Modern Restaurant Management (MRM) magazine quizzed expert Kathryn Petralia, co-founder of Kabbage, an American Express Company, for her analysis on what restaurants owners need to understand about inflation.
11, 2025 Facebook Twitter LinkedIn 7-Eleven is among the growing list of retailers and restaurants offering deals to lure cash-strapped consumers this summer. The move comes as consumers continue to limit their visits to restaurants and rein in their basket sizes amid elevated prices. Foodprices overall are up 2.9%
The food was, of course excellent, but more importantly reflective of the region and its history and the experiences of the chef. The dish machine was likely an under counter unit and there was no need for a walk-in cooler since supplies were purchased every day; a reach-in or two would suffice.
Please note thought: this article is meant to provide information only and is not a substitute for any professional advice you may receive from an accountant, lawyer, HR, or other professional. Download all the data from your restaurant POS or back-office management platform to get a sense of how your restaurant is operating today.
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.
This article will arm you with ideas for restaurant employee contests. And social media is no slouch, either: actively follow and engage with restaurants on social media, 74% say they are more likely to visit or order food from those establishments. Recommended Reading: Restaurant Task Management: How to Communicate Tasks to Staff 4.
Smallholder coffee farmers are responsible for between 70 and 80% of the world’s coffee supply. Without access to finance, many coffee farmers struggle to invest in their farms – their businesses – and few can manage their farms enough to make them profitable. Rachel Nakasiita is Farmer Service Unit (FSU) Manager for NKG Bloom Uganda.
To add resources to these guides, reach out to Modern Restaurant Management (MRM) magazine Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com with news. "They're the only vendor — and I'm talking partners, food suppliers, marketing people — who has put out a Coronavirus Kit.
This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features the great gift of a restaurant gift card, learning about event professionals, top QSR traffic and digital ordering strategies. Additionally, turnover rates for restaurant employees and managers continue to be at all-time highs. Top QSR Traffic.
You may also like our article exploring the role of a Kenyan coffee marketing agent. According to the Kenyan Agriculture And Food Authority , coffee was grown on around 119,000ha of land in 2019, making it one of Kenya’s biggest cash crops. Read on to find out what they had to share with me.
You may also like our article exploring Jamaica Blue Mountain coffee. Many former coffee plantations were also divided, with parcels sold off to smallholder farmers and former slaves who grew their own food, as well as smaller volumes of coffee. Jason Flynn is the operational manager at Trumpet Tree Coffee Factory in Jamaica.
Food costs are one of the most significant factors of a restaurant’s success. Knowing your restaurant food costs helps with menu pricing, affects prime costs, and plays an integral part in remaining profitable. But managing restaurant food costs can be challenging. What’s in The Restaurant Food Costs Guide?
People love your food, and they want it outside your restaurant, too. You have a restaurant, and people already love your food. In this article, we look at how to tell if you should start catering. The most important thing to consider is whether or not you have the resources to manage the added work. tweet this).
Some of us throw our loose change into a jar whenever we order a pour over, whereas others are sure to leave at least 20% more than the price of a latte. This is based on past experience within the food industry, in addition to being educated by many different baristas I’ve had the privilege to have conversations with.
Investing in skilled restaurant consulting during the start-up phase of your restaurant or food & beverage enterprise will help you reach the break-even point faster. A consultant should have a thorough understanding of the food sector as well as a genuine desire to see your company prosper. . Experience . Source: Vocal Media.
In this article, we will take a closer look at how to generate a P&L statement and how the results it provides can improve your business performance and drive you to hit profits that beat industry standards. . Cost of goods sold (CoGS): This is your cost for all food, drinks, and anything else you sell, such as T-shirts and hats.
According to a recent Forbes article , sit-down restaurants make a profit of about 6%. For example, fast-food margins can be much higher than full-service restaurants. And when all costs and variables are considered, high-end restaurants need to be particularly well-managed to survive. Trends can change. Make it a habit!
This article aims to show how UK restaurateurs managed to increase restaurant sales in the new ‘touchless’ world and discuss some of their best practices. . The food presentation, texture, and taste do not remain the same compared to the food served freshly in dine-in facilities. Optimize Your Menu.
In this article, we’ll cover everything you need to know, including: The difference between POS hardware and POS software 7 pieces of restaurant POS hardware that every venue needs What to look for when shopping for POS system hardware. Compare the top restaurant POS systems on features, pricing, payments, and more. Download Now.
The previous article discussed what SWOT analysis is and why it is a must after the pandemic. This article will guide you through the steps to conduct an effective SWOT analysis for your restaurant. Look for ongoing consumer , food delivery and menu trends , upcoming festivals or events that can increase sales. .
The food service industry across the world is saturated with a large number of players without much variation in terms of offerings. This article has put together a comprehensive list of features that will help you select the best restaurant POS for your business. What is a Restaurant POS System? How does a Restaurant POS System work?
A Guide to a Restaurant’s Ideal Profit Margin for Food . Ideal Profit Margin for Food . The food business is notoriously tough. A Guide to a Restaurant’s Ideal Profit Margin for Food . 30% food costs . Food Trucks . 30% labor . 30% overhead expenses . 10% profit .
According to a recent Forbes article , sit-down restaurants make a profit of about 6%. For example, fast-food margins can be much higher than full-service restaurants. And when all costs and variables are considered, high-end restaurants need to be particularly well-managed to survive. Trends can change. Make it a habit!
High and volatile green coffee prices , along with increasing operational costs, are creating a more competitive market. You may also like our article on how digital marketing has evolved in the coffee industry. However, managing all of these is easier said than done, and the digital marketing landscape is constantly evolving.
Interest for alcohol-related experiences has increased since June 1, relative to other food activities, with a rise in consumer interest for wineries (up 51 percent), cideries (up 39 percent), breweries (up 24 percent) and distilleries (up 19 percent). Meanwhile, grocery related businesses are on the decline as people spend less time at home.
But with supply chain headaches, rising labor costs, and unpredictable demand, that’s easier said than done. Here are three things every hotel operator should know about controlling costs (that most people overlook!).
Food waste is one of the largest areas of potential cost savings in a restaurant. This article was published in QSR Magazine. In the letter, the NRA addressed how increasing costs and limited supplies are restricting the industry’s ability to function. Menu prices have risen 4.7 percent in last 12 months alone.
Guest Intelligence tracks 6 main categories ‘food’, ‘beverage’, ‘service’, ‘ambiance’, ‘value’ and ‘intent on return’. Full-service restaurants experienced an erosion in net sentiment for ‘food’, ‘ambiance’, ‘value’ and ‘intent on return’ during the quarter. Multi-unit managers in full-service are now responsible for an average 8.8
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