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2024 Outlook: Restaurant Trends and Challenges, Part Three

Modern Restaurant Management

Modern Restaurant Management (MRM) magazine asked restaurant industry experts for their views on what trends and challenges owners and operators can expect to see in 2024. This trend reflects the growing popularity of drive-thru and fast-casual dining, coupled with the demand for digital technologies such as QSR digital signage and QR codes.

2024 216
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5 Things Lenders Want to See in a Restaurant Business Plan

7 Shifts

Will you provide a casual or fine-dining experience? In general, lenders will want to see at least five years' worth of cash flow projections. From there, they will help you work through the numbers and provide an estimation of your future cash flow. Dedicate a section to show off your management team.

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Table Turnover Rate in Your Restaurant: How to Improve & Seat Incomplete Parties

Lavu

For example, a casual restaurant usually has a higher turnover rate. Efficiently manage reservations: Ensure that the booking system is organized and avoids overbooking to prevent delays in table turnover. Use technology, such as a restaurant management software, to track who chose to reserve a table, and manage waitlists effectively.

Seating 173
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By restaurateurs for restaurateurs: Advice for opening in 2020

7 Shifts

This advice were submitted by owners and managers of restaurants of all sizes, concepts, and locations in the forthcoming 7shifts Restaurant Labor Management Study in 2020 ( subscribe to get your copy when it’s published!). Keep in mind what everyone else is doing, walk the fine line between ground breaking and comfortability.

2020 335
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The Changing Guest Service In Casual Dining | Restaurant Recovery Series

Foodable

Barron and McEnery explore the potential changes coming to the casual dining sector, and consider the manner in which guest service may evolve to meet those new needs. Do you expect most casual dining operators to be able to survive the slow reopening process? Casual and fine dining restaurants will likely be hit hard.

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5 Restaurant Types Perfectly Suited for Tableside Ordering Systems

Mad Mobile

In fact, surveys show that 56% of people dine out at least twice a week! You won’t need a central POS terminal taking up room in your dining area. On top of that, service moves at a much quicker pace than dine-in establishments. Easily split checks, open tabs, and cash out with QR code or contactless payments.

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How to Write a Restaurant Business Plan [with Sample]

7 Shifts

The management team. Speak to what sets you apart from the pack, what food you'll serve, the service style (fast-food, fast casual, fine dining, etc.) Management team. You may want to list out: Team Management. Inventory management systems. Task management tools. Manager Log Books.