7 Shifts

AUGUST 18, 2024

You'll have late nights and have to work on weekends and public holidays The market is saturated with loads of competition. This document will outline your bar's concept, menu, marketing strategy, and financial projections. Sourcing the Right Equipment Your budget, target market, and concept will dictate your equipment needs.

Bar 370

Bar License Email Marketing Customer Service 370

7 Shifts

JULY 16, 2021

In this guide, we'll go through everything you need to open a new coffee shop, from market research to buying coffee to hiring the best team. Research the Market. Obtain Permits and Licenses. Market and Promote the Opening. Research the Market. Or , does your target market spend most of its time working from home?

License 459

License Hiring Equipment Small Business 459

ChowNow

MAY 23, 2025

It factors in all your operating expenses, like labor, rent, insurance, equipment repairs, marketing, and more. Your cost of goods sold (ingredients, beverages, packaging, etc.) Labor costs keep rising, especially in markets with mandatory wage hikes or staff shortages. added up to $60,000.

Point of Sale 195

Point of Sale Insurance Fast Casual Customer Service 195

Modern Restaurant Management

JANUARY 6, 2021

. “They’re not going anywhere, but the market can’t support the old models. A market, food hall, and 12+ restaurants will be opening up starting in early 2021. Additionally, she is licensing a variety of sauces and spices to be sold in grocery stores. Restaurateurs need to be nimble.”

License 329

License Hotels 2021 Beverage 329

EATER

DECEMBER 17, 2024

We chose the venue because a friend was its beverage director and offered his help in setting it up. The day we got the wedding license, we met another friend for dinner and he let us know that he had officiated a friends wedding, so we asked if hed oversee ours.

2011 235

2011 2013 License Presentation 235

Restaurant Business

JUNE 23, 2025

They are popping up more often in conversations this year, and they point toward deeper trends in the restaurant tech market. The coffee giant is licensing the company’s order fulfillment tech while also bringing aboard Empower’s six engineers. This has led to a lot of half-baked products hitting the market.

Hiring 173

Hiring Mobile Ordering Advertising Leadership 173

7 Shifts

JULY 12, 2024

Variable costs Variable costs depend on your restaurant’s level of activity, including food and beverage costs, labor costs, and supplies. Semi-variable costs Semi-variable costs have both fixed and variable components, such as maintenance, repairs, and marketing expenses.

Food Truck 397

Food Truck Customer Service Seasonal Menu Loyalty Program 397

Modern Restaurant Management

AUGUST 5, 2020

TouchBistro acquired Boston-based TableUp, a provider of loyalty and marketing solutions for the restaurant industry. and will enable TouchBistro to fully integrate customer loyalty and guest marketing into its all-in-one point-of-sale (POS) and restaurant management platform. ” Tyga Bites Launches. .”

Food Safety 527

Food Safety Mobile Ordering Online Ordering Kitchen Safety 527

7 Shifts

AUGUST 18, 2024

A restaurant expense is a recurring payment that generates revenue like utilities, rent, payroll, or marketing. Fixed costs include rent, mortgage, salaries, loan payments, license fees, and insurance premiums. Build relationships with multiple suppliers to find the best market price for ingredients.

License 370

License Equipment POS Food Supply 370

Modern Restaurant Management

OCTOBER 16, 2019

The company puts entertainment first, and food and beverage second. From programming to design to culinary curation as an art form, the team actually runs the beverage program and offer license agreements for their food partners versus a traditional lease. supports their partners with marketing, PR, POS support and more.

Food 255

Food Entertainment Beverage Sustainability 255

Modern Restaurant Management

APRIL 27, 2020

launched “ Restaurants Rising , ” an initiative providing resources and support to help local area restaurants operate and adapt in response to Covid-19 and the associated rapidly changing market dynamics. Socialincs, Inc.,

Webinar 463

Webinar Loyalty Program Online Ordering Social Media 463

Modern Restaurant Management

APRIL 27, 2020

launched “ Restaurants Rising , ” an initiative providing resources and support to help local area restaurants operate and adapt in response to Covid-19 and the associated rapidly changing market dynamics. Socialincs, Inc.,

Mobile Ordering 494

Mobile Ordering Webinar Loyalty Program Online Ordering 494

7 Shifts

AUGUST 7, 2024

The cost of food and beverages is a bit of a moving target. It is affected by seasonality, market prices, and even pop culture. Food and beverages make up half of your prime costs (along with labor). Know When to Raise Food and Beverage Prices Knowing the cost of food can help you determine when you should raise menu prices.

Food 370

Food Seasonal Menu Inventory Pricing 370

SpotOn

FEBRUARY 26, 2025

Gross sales are used to identify trends, seasonal shifts, and the impact of marketing campaigns. That could simply be food sales , alcohol , and non-alcoholic beverages. If you're a fast-casual place and only offer a couple of alcoholic beverages, then "alcohol" should be enough. That may be too high.

Point of Sale 90

Point of Sale License Insurance POS 90

Perfect Daily Grind

OCTOBER 17, 2022

Around the world, there are many examples of coffee shops and roasters that have expanded into international markets. Ultimately, however, when executed properly, it can help brands to diversify and understand how successful their value proposition might be in a different market. Entering new markets as a specialty coffee brand.

Marketing 186

Marketing Franchise Franchising 2009 186

7 Shifts

AUGUST 2, 2024

When hiring restaurant accountants, your primary consideration should be those who understand the complexity of the food and beverage industry—both front-of-the-house and back-of-the-house operations and management. This number is essential because it helps you determine the price of your food and beverages.

Point of Sale 397

Point of Sale Inventory Seasonal Menu Cash Management 397

7 Shifts

JULY 1, 2024

However, note that bar profit margins vary due to various factors like tax rates, licensing laws, customer demographics, and the cost of living in your area. Your business name will also appear on your marketing materials, staff uniforms, menu, social media accounts, and advertisements, so make sure it isn't too long or complicated.

Bar 221

Bar License Food Supply Restaurant Law 221

Modern Restaurant Management

MARCH 9, 2023

There are a variety of laws and regulations that could impact a business in relation to service of alcoholic beverages. Failure to follow the appropriate laws and regulations for your business could result in fines, jail, license revocation and/or bad publicity.

Bar 450

Bar Insurance Restaurant Law Point of Sale 450

7 Shifts

OCTOBER 21, 2021

Virtual restaurants, also known as ghost kitchens, cloud kitchens, or dark kitchens, are a relatively new concept that's growing alongside the delivery app market. Cheap digital menu marketing that captures a share of online dining demand. Pros: High markup of alcoholic beverages—up to 400%. Less food inventory.

Fast Casual 370

Fast Casual Food Truck Casual Customer Service 370

Modern Restaurant Management

MARCH 11, 2020

.” Derek Jones, President of Smart Foodservice, commented, “The management team at Smart Foodservice very much looks forward to working with the team at US Foods in accelerating our growth in the attractive cash and carry foodservice market. Brands Join DDK. Two-Hens Growth Fueled by Accelerator Program.

Bar 386

Bar Cash Management Loyalty Program Point of Sale 386

Restaurant Clicks

FEBRUARY 12, 2020

There are various licenses and permits needed to open a new restaurant legally. Before you can open a new restaurant, you’ll need to apply for and receive an assortment of state licenses and local permits. . Restaurant licensing differs state by state , so the process for getting restaurant licenses isn’t always the same.

License 80

License Food Truck Certification Restaurant Law 80

Perfect Daily Grind

MAY 25, 2025

Sensing opportunity in this scarcity, commodity brokers and speculative investors have increasingly bet on continued price appreciation, further accelerating market volatility. Historically, coffee is a cheap product compared to tea, beer, and other alcoholic beverages, so it’s a necessary price increase; coffee is undervalued as a commodity.”

Café 122

Café Pricing Management Management 122

7 Shifts

FEBRUARY 12, 2021

Tack on obtaining permits and licenses, and you could be in for a pretty big check. See What Your Local Market Looks Like. See What Your Local Market Looks Like Once you’re ready to buy, the first real step is to decide where and start looking for properties. For owned buildings, costs get a bump to $425,000 or $3,734 per seat.

License 195

License Equipment Certification Take-out 195

Modern Restaurant Management

DECEMBER 3, 2020

“Florida is an ideal market for us because there is an unmatched synergy between the sunshine state and our hometown of New Orleans, especially when it comes to tourism,” said David Mesa, Chief Development Officer for PJ’s Coffee of New Orleans. PJ's Hopes to Open 187 Locations Throughout Florida in Next 10 Years.

Franchise 414

Franchise Franchising Catering Online Ordering 414

Modern Restaurant Management

SEPTEMBER 15, 2020

Market Cafe Powered by FOODWORKS is both a cost-effective, contact-free dining option, while simultaneously helping local restaurants and food artisans who were affected by COVID-19 get back on their feet and provide them with a way to restart their services. ” says John Cocker, FOODWORKS’s president.

Fast Casual 405

Fast Casual Casual Menu Mobile Ordering 405

EATER

JANUARY 27, 2023

But she didn’t turn her passion for food into a career until recently: She only went full-time with her freelance food and beverage illustration work in November 2022. And if the client also wants support in photography or marketing on social media, I can also do that. I want to bring those two worlds closer to each other.

Food 283

Food Design 2022 Email Marketing 283

Modern Restaurant Management

JANUARY 2, 2020

Nair, a partner at Ervin Cohen & Jessup LLP compiles recent legal news affecting the restaurant, food and beverage and hospitality industries for Modern Restaurant Management (MRM) magazine. The licensing agreement allowed MFGPC the exclusive use of the “Mrs. Legislation. Fields” trademark on popcorn products.

2019 211

2019 License Restaurant Law Website Management 211

ChowNow

JULY 10, 2024

Target market : Identify your primary customer base and include details as to why you’re specifically targeting the particular demographic. Share a Market Analysis Conduct clear and thorough research so you can understand your market and help position your restaurant effectively and efficiently.

Point of Sale 221

Point of Sale Email Marketing License Customer Service 221

ChowNow

AUGUST 26, 2024

Startup Budget This covers initial costs such as equipment, licenses, renovations and initial inventory. Marketing Budget For all marketing efforts, it’s a good idea to set a specific budget to cover expenses. Optimize Labor Costs If food and beverage cost is the #1 expense for restaurants, labor cost is definitely #2.

Cash Management 195

Cash Management Seasonal Menu Inventory Equipment 195

Lavu

JUNE 13, 2025

One important tip is to conduct thorough market research to understand the preferences and needs of employees. This can be done through surveys or focus groups, which will help in determining the types of food and beverages to offer. Lastly, it is crucial to set competitive prices that align with the target market and location.

2025 78

2025 Dietary Restrictions Kitchen Safety License 78

Goliath Consulting

NOVEMBER 23, 2021

QR codes and digital menus allow for customers to order food and beverages at restaurants and avoid touching physical menus that may or may not have been sanitized properly. QR can seamlessly connect diners to your digital marketing materials with just a quick scan.” Bbot was founded in 2017. Physical menus.

Loyalty Program 221

Loyalty Program Online Ordering Customer Experience Social Media 221

Modern Restaurant Management

OCTOBER 22, 2020

. “As part of our initiative to support Black-owned restaurants, we’re proud to partner in unlocking access to ownership, recognizing it can have a massive positive ripple effect benefiting Black communities,” said Scott Finlow, Chief Marketing Officer, PepsiCo Global Foodservice. Simon, Georgia in the coming year.

Franchise 385

Franchise Franchising Kitchen Safety Loyalty Program 385

Modern Restaurant Management

JANUARY 17, 2020

. "To further support our franchise development initiatives, we will be working with Lynette McKee– an industry expert with over 30 years of experience in franchising – to identify franchise partners in targeted international markets and leading U.S. Boston Market, Darden Restaurants, Inc.

Franchise 340

Franchise Franchising 2020 Fast Casual 340

Perfect Daily Grind

APRIL 24, 2023

Dubai is the most populous city in the United Arab Emirates (UAE) – one of the most well-developed coffee markets in the Middle East. While traditional qahwa (also known as kahwa or Arabic coffee) is still popular in the country, the UAE’s specialty coffee market is also growing at an incredible pace.

2023 198

2023 Café Back of House 2002 198

Perfect Daily Grind

AUGUST 19, 2022

The virtual event is scheduled for 18 and 20 October and will feature lectures and seminars on the North American and European coffee markets. The food and beverage supplier received the certification through its support of reforestation projects in coffee-producing countries. Global plant milk market to reach US $32 billion by 2031.

Marketing 166

Marketing 2022 Agriculture Certification 166

7 Shifts

MAY 23, 2024

The restaurant business is one of the most competitive industries, and this shows in the fact that only 20% of restaurants succeed in the market. This includes: Net Sales: The total revenue derived from your sale of food and beverages. Managing a restaurant is not for the faint-hearted. For a small business, this should be enough.

Point of Sale 221

Point of Sale Seasonal Menu Food Supply Employee Relations 221

Modern Restaurant Management

MARCH 7, 2020

“We very much look forward to partnering with the brand to extend its reach to new consumers and strengthen its brand equity through strategic licensing and product extension initiatives focused on the specialty food and grocery space.”

Food 324

Food Food Supply Small Business Fast Casual 324