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Building a Resilient Restaurant: A Guide to Scaling a Food Concept in 2024

Modern Restaurant Management

Whether founders need funding for geographical expansion, marketing or operational enhancements, presenting a compelling case to potential investors is required. rent) and (v) cash-on-cash return / payback – how long and at what rate will investment in a specific location be returned.

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How Restaurants Can Utilize a Small Business Loan to Fuel Growth

The Rail

Securing more resources guarantees that your restaurant can manage more demand without compromising quality, whether it comes to equipment upgrades, automation investments, or production facility expansion. A well-run cash flow plan helps companies seize chances for expansion without second thoughts about finances.

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Protect Your Restaurants from Invoice Fraud through Technology

Modern Restaurant Management

Firstly, many restaurants haven’t secured their payment processes enough to keep up with burgeoning “distanced” payments in the form of online ordering on a restaurant website, QR code menus or “card-not-present” transactions. This helps finance teams spot red flags and potential areas prone to fraud.

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Pandemic Reflections: What Lessons Has the Restaurant Industry Learned?, Part Two

Modern Restaurant Management

That led to an employee shortage, especially for high-quality and experienced management positions. People appreciate contactless service and it has become the new norm to order differently than at the front counter of a restaurant with an employee at a cash register. Technology has become a solution in staffing as well.

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How in-house roasting can help cafés manage high coffee prices

Perfect Daily Grind

Many are facing the difficult decision to raise their retail prices , seeking new ways to streamline operations and manage cash flow more effectively. For many, visiting a coffee shop may become less of an affordable luxury, as they pivot to at-home consumption to manage monthly budgets. One solution is roasting coffee in-house.

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Virtual Acceleration, Raising the Bar and Insult Monitor

Modern Restaurant Management

US Foods Holding Corp.entered into a definitive agreement to acquire Smart Foodservice Warehouse Stores from funds managed by affiliates of Apollo Global Management, Inc. NYSE: APO) (the “Apollo Funds”) for $970 million in cash.

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The Legal Case for Recovering Lost Income from COVID-19 and Government Shutdown

Modern Restaurant Management

However, the challenges presented as a result of this situation could easily affect people’s livelihoods for years. The effects of this new-normal can, at a minimum, last weeks, but most likely several months. Often, specific exclusion language exists in a policy that make the case seem completely defeated and untenable.