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93 Restaurant Industry Statistics Every Food Service Operator Needs to Know in 2024

Apicbase

It is estimated that the US food service sector wasted 13 million tons of food in 2022, up from 9.15 Touchbistro , 2024) Another factor, perhaps less alarming, but constantly present regardless of macroeconomic challenges, is employee theft , which accounts for 4% of annual revenue loss in the restaurant industry. trillion and $4.8

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Pitfalls Of Starting A Restaurant Franchise — Is Your F&B Concept Fit For Expansion? Are You Ready To Deal With Franchisees?

Apicbase

Franchising is a time-tested business model that allows restaurant owners to scale their business fast and efficiently. In this post, we are NOT exploring the benefits of a restaurant franchise. We’ve included those at the bottom of the page to give you a complete picture of the risks of franchising your foodservice brand.

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Mastering Restaurant Metrics: Your Comprehensive Guide to Business Success 

Apicbase

How to Process Restaurant Metrics To process restaurant metrics, you must gather data on various aspects of your restaurant’s operations, such as sales, expenses, customer satisfaction, and employee performance. There are several vendor management metrics, but an important one is related to timely deliveries.

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Beyond Restaurant POS Reports: Why Your F&B Operation Needs Insights-Rich Analytics to Grow

Apicbase

How do they relate to each other? Why combining FoH and BoH data makes analytics more powerful Final thoughts. How Do Reporting & Analytics Relate? It can let you keep on employees that you’d need to fire otherwise. The Importance of Both FoH & BoH Data in Restaurant Analytics. What is restaurant analytics?

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Decade of Disruption: Restaurant Insiders Dish What’s on the Plate

Modern Restaurant Management

Third, the onslaught of opioid, vaping, and alcohol combinations have forced the restaurant industry to begin hiring completely different generations of rock star employees, in both the front and back of the house. Technology-enabled franchises are better positioned to continually evolve to meet guests’ changing expectations.

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The 20/20 on 2020: Restaurant Experts Weigh In

Modern Restaurant Management

They touched on topics such as delivery, ghost (dark) kitchens, automation, plant-based menu items, food waste, sustainability, staffing and retention and more. Minimizing food waste will continue to be a focus in 2020. Rick Camac, Dean of Restaurant & Hospitality Management at the Institute of Culinary Education.

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