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Inflation Is Impacting The Restaurant Industry. Here’s How To Fight It.

7 Shifts

We also wanted to see if the inflation concerns many are expressing are showing in restaurants as large flows of government stimulus are distributed. Are restaurant patrons adjusting their tips to help offset these higher prices? For this question, we also used 2019 vs 2021 tip data. Make small menu price adjustments.

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Business Budget 101: How To Budget For Your Small Business

Sling

When you think about it, creating a business budget is probably one of the least exciting responsibilities of being a manager or an owner. In this article, the management experts at Sling discuss budgeting 101 and give you tips on how to build a business budget for your company, regardless of size.

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2024 Emergency Planning for Restaurants

Modern Restaurant Management

In the hospitality industry, the last thing you want is a phone call from the alarm company at an early morning hour about a fire, break-in or other disaster at your business. Taking proactive measures and having plans in place will allow your business to react quickly to help minimize the impact of an emergency. Invest in a drop safe.

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Back of House, Yet Front-Facing Priority – Restaurant BOH Trends to Monitor in 2023

Modern Restaurant Management

Is your restaurant up to speed with the latest best practices for back of house (BOH) management? Those areas of your restaurant that aren’t typically seen by customers but directly impact your business. So, which back of office trends should restaurant ownership and management be concerned with heading into 2023?

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2024 Texas Minimum Wage Guide

SpotOn

Both businesses must pay their employees the same minimum wage rate as mandated by Texas labor laws. With operational costs rising each year, forcing businesses to change how they manage their employees and finances, we've put together a simple guide on the minimum wage for business owners and workers alike.

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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 capability can prove invaluable for refining pricing strategies, optimising ingredient and waste management, and planning forthcoming shifts, among other benefits.

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Post-COVID Outlook and Recovery for Restaurants

Modern Restaurant Management

Restaurant owners have had to completely flip their operations to accommodate proper health and safety protocols for over a year now, but the country is finally starting to see the light at the end of the tunnel with an influx of vaccine distribution. Small and medium-sized businesses (SMBs) are the backbone of America’s economy.