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IT’S TIME FOR RESTAURANTS TO PLANT THE SEEDS AND HARVEST THE TALENT

Culinary Cues

If we see the challenge as something that has an answer if we take the time to really push our problem-solving skills, then a solution will eventually present itself. The other important point is to understand that state of mind is always a deterrent to solutions or a support mechanism for the same. Challenges solved. Challenges solved.

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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. Tip payouts and tips management will move faster in the restaurant space than EWA in other verticals. Read the first part, here.

2024 212
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Seven Traits of Successful Restaurant Owners and Managers

7 Shifts

The fact that 60% of restaurants fail in their first year and 80% close within five years of their grand opening is an indication that few have what it takes for long-term success. If you want to open a restaurant , or if you're going to take a fresh look at where you are in your journey as a restaurateur, you must develop a business plan.

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What Restaurant Relief is Ahead?

Modern Restaurant Management

Modern Restaurant Management (MRM) magazine asked Kathryn Petralia, co-founder of Kabbage, for her insights on the next financial resources for restaurants. Our data shows many businesses that received a PPP already have significantly reduced cash balances after taking the loan. What resources should they turn to?

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Why the Stop Loss Decision is Critical for Larger Self-Funded Employers

Modern Restaurant Management

Please send questions to Modern Restaurant Management (MRM) magazine Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. Stop Loss Coverage Is Risk Management. This does not include a cancer patient who is currently taking a prescription drug with a $20,000 monthly cost, which is a known risk.

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Tik Tok Marketing Proves Profitable

Modern Restaurant Management

TikTok marketing yields undeniable power, especially with Gen Z as it helps mitigate choice paralysis by giving users immersive, vertical videos that take them inside a business instantly, rather than sifting through text-heavy sites. What makes Tik Tok an effective income generator, particularly for cash-strapped smaller restaurants?

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What Restaurant Groups Need to Know about Managing Prescription Drug Expenditures

Modern Restaurant Management

Please send questions to Modern Restaurant Management (MRM) magazine Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. When it comes to managing medical plan costs for restaurant employers, aggressive management of prescription drug expenditures can yield significant savings.