article thumbnail

How to Write a Restaurant Business Plan [with Sample]

7 Shifts

The management team. Management team. Here are examples of each: Strengths : Combined 30+ years of restaurant experience from the leadership team. You may want to list out: Team Management. Inventory management systems. Task management tools. Manager Log Books. Section 2: Company description.

article thumbnail

8 Ways CFOs Can Help Restaurant Groups Through the Restaurant Reopening/Recovery

Restaurant365

Increased focus on restaurant loyalty programs or custom mobile apps. Ultimately, managing your vendor relationships is an area of risk management. Understanding all the details you can about your current cash, loan, and grant status are essential as you look to make large-scale financing decisions.

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

What Travelers Want in F&B and US Foods Scholars

Modern Restaurant Management

Loyalty rewards for their restaurants and bars: Almost 1 in 3 (32 percent). “Hotel brands, especially those with locations in various cities around the world, have a unique opportunity to build loyalty with customers through their F&B offerings. ” Building Loyalty.

Travel 118
article thumbnail

Restaurant Recruiting, Staffing, & Turnover Trends: What You Need to Know About Managing Restaurant Staff in 2021

Black Box Intelligence

To reduce hourly employee churn , implement training programs that make them feel prepared for work, demonstrate that you’re serious about following COVID-19 guidance and offer compensation and incentives to make your business more competitive. Food service managers have an average of less than five years of industry experience.

article thumbnail

COVID-19 Resources for Restaurants

Modern Restaurant Management

To add resources to these guides, reach out to Modern Restaurant Management (MRM) magazine Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com with news. The National Restaurant Association-managed site also provides a direct connection to the industry’s grassroots engagement platform.

article thumbnail

Restaurant Recruiting, Staffing, & Turnover Trends: What You Need to Know About Managing Restaurant Staff in 2021

Black Box Intelligence

To reduce hourly employee churn , implement training programs that make them feel prepared for work, demonstrate that you’re serious about following COVID-19 guidance and offer compensation and incentives to make your business more competitive. Food service managers have an average of less than five years of industry experience.

article thumbnail

MRM Franchise Feed: Tropical in Colorado and The Halal Guys New App

Modern Restaurant Management

Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. An inaugural loyalty program (September). Program, which has impacted more than 65 million students in 35 years. More Tropical in Colorado. A rebrand (June).

Franchise 110