Remove Cash Management Remove Employee Relations Remove Presentation Remove Recruiting
article thumbnail

Restaurant Acquisitions: A Three-Bucket Thesis for Transactions in 2020 and Beyond

Aaron Allen & Associates

We think foodservice-related investments can be grouped into one of three types. On the sell-side, this presents an opportunity to find the right partner who will stay loyal to your brand, employees, and guests. Adding expertise and management skills. Investor Presentation Development. Growing market share.

2020 110
article thumbnail

How a Performance Improvement Plan Could Save You $80K

Bar and Restaurant Coach

In earlier posts, here and here , we talked about the importance of effective communication, and how owners and managers can create great alignment within their businesses to make sure the whole team is on the same page—pushing for the same goals. When it’s time to cut an employee loose – you just cut ‘em loose. Simple, right?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

P.F. Chang’s To Go and Wing Squad Delivers

Modern Restaurant Management

.” Prior to joining Boston Market, Wyatt served as Operations Partner/Vice President of Operations for Panera Bread, where he was responsible for all aspects of operations, including retail, marketing, recruiting, catering, facilities and bakery at more than 40 cafes in Pennsylvania, Delaware and New Jersey.

article thumbnail

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

Apicbase

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. Toast , 2023) 58% of operators said that rising inventory costs was their number one source of financial strain in 2023.

2024 52
article thumbnail

Mastering Restaurant Metrics: Your Comprehensive Guide to Business Success 

Apicbase

In practice, however, successfully managing a group of busy restaurants is an awfully tough undertaking. The metrics and calculations in this list will help you bring order to the chaos and manage the performance of each unit in the chain. In theory, it sounds easy. Why Are Metrics Important? That said, let’s dig in.

article thumbnail

MRM Research Roundup: Coronavirus Stats and More

Modern Restaurant Management

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features some surveys surrounding Coronavirus and the restaurant industry, the best locations for chefs, online payment fraud and top trends for QSRs. percent from unusually high numbers a year ago related to U.S. COVID-19 Foot Traffic at QSRs.

article thumbnail

#LifeOrDeathRecipe Challenge and ‘A Woman’s Place’

Modern Restaurant Management

KitchenAid brand presents "A Woman's Place," a documentary short, now streaming on Hulu, place clip at top. James Beard Foundation Mentorship, presented by KitchenAid, is designed to empower and engage a network of culinary leaders. in a management role at the Officers’ Club. 20, 1955, and served in the U.S.

Allergens 145