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The value of the cryptocurrency market almost tripled in 2021 , with digital currencies having the potential to achieve returns higher than the stock market. People use cryptocurrency for quick payments, anonymity, investments or to sidestep transaction fees charged by banks. As payments evolve, consumers adapt and restaurants must meet them there. Why the Crypto Craze?
The process to hire a talented chef for your restaurant might be difficult, but it’s an important aspect of your company’s potential to prosper. A chef participates in the training of new employees, supervises cooking operations, prepares menus, and contributes to restaurant marketing decisions. In an over-saturated industry, restaurants are one of the most often held enterprises.
Standard pours are what bars and restaurants typically serve to guests when alcoholic beverages are ordered, and by doing them right they can help boost your overall success.
A restaurant earns its reputation primarily from two things: its food and its service. In order to deliver on both these accounts, it's critical to cultivate an environment where people — customers and staff alike — want to be. That's why it is important to learn how to motivate your restaurant employees. We are most productive and responsive when we are happy, so it makes sense to create an environment that fosters this kind of positive emotion.
Mid-year performance reviews aren’t just boxes for HR to check. Paycor’s toolkit empowers leaders to: Identify high-potential team members. Boost engagement with meaningful feedback. Support struggling employees. Nurture top talent to drive results. Learn how to ignite employee potential through meaningful feedback. When you nurture top talent, everybody wins.
For operators in the restaurant industry, facing all too familiar workforce pressures in 2022, greater retention should be this year’s focus. The sector is on the heels of what the Washington Post dubbed “the most unusual job market in American history,” compounded by a newly familiar list of challenges: supply chain woes bearing down on procurement, a broader shift from onsite food consumption to app-based food delivery services, and escalating arms race of compensations and b
You walk through those kitchen doors one more time, straighten your white coat, roll up the sleeves and tie on a starched white apron. A quick adjust on that skull cap, wash your hands, and slide a cutting board in place. Your knives are always sharp, but you run the blades down a steel just the same, sanitize the edge and line up your station for another day of work.
James Beard Foundation. The full list of nominees Today, the James Beard Foundation announced its slate of finalists for its 2022 awards. This short list of nominees honors the year’s outstanding restaurants and chefs — the first such list since 2020. In addition to the list of Restaurant and Chef Award finalists, the foundation announced chef and TV host Martin Yan as the winner of the Lifetime Achievement Award and Grace Young as the winner of its Humanitarian of the Year Award for her work su
James Beard Foundation. The full list of nominees Today, the James Beard Foundation announced its slate of finalists for its 2022 awards. This short list of nominees honors the year’s outstanding restaurants and chefs — the first such list since 2020. In addition to the list of Restaurant and Chef Award finalists, the foundation announced chef and TV host Martin Yan as the winner of the Lifetime Achievement Award and Grace Young as the winner of its Humanitarian of the Year Award for her work su
Why you should consider adding a loyalty program for your restaurant. Loyalty programs are an essential tool to have in a business. According to Gartner, 80% of future revenues come from 20% of your current customers. 1 In addition, it was found that 78% of customers are more likely to continue to spend on a business if they have a customer loyalty program. 2.
There’s no such thing as a crystal ball when it comes to helping you run a restaurant. As much as we might want a glimpse into the future, restaurant operators have to run with the next best thing – forecasting and reports. With the disruption that has swept across the restaurant industry in the last two years, many operators may feel overwhelmed as they work to bring food and labor costs under control, continue rolling out digital initiatives, and adapt to changing diner preferences
Every Friday, Perfect Daily Grind rounds up the top coffee industry news from the previous week. Here are this week’s stories. Mon, 14 Mar. Green coffee marketplace Fantine launches online. The B2B platform directly connects producers to green coffee buyers. Alongside the launch of the marketplace, Fantine is releasing a non-fungible token (NFT) to support the Fundación Germinar coffee training school in Colombia.
Howard Schultz is back as CEO of Starbucks. | AP. Both investors and employees are calling on the company to abandon its anti-union stance, but workers say Schultz has a history of anti-union sentiment As Starbucks investors gathered virtually to talk about the future of the country’s largest coffee company at its annual shareholder meeting, the company’s leaders were virtually silent on the most pressing issue facing the chain — a nationwide unionization wave that’s expanded to more than 100 s
Mid-year performance reviews aren’t just boxes for HR to check. Paycor’s toolkit empowers leaders to: Identify high-potential team members. Boost engagement with meaningful feedback. Support struggling employees. Nurture top talent to drive results. Learn how to ignite employee potential through meaningful feedback. When you nurture top talent, everybody wins.
Why you should consider adding a loyalty program for your restaurant. Loyalty programs are an essential tool to have in a business. According to Gartner, 80% of future revenues come from 20% of your current customers. 1 In addition, it was found that 78% of customers are more likely to continue to spend on a business if they have a customer loyalty program. 2.
With wholesale food prices soaring 13 percent in 2021 and labor costs rising as worker shortages continue, many restaurants are looking for smart ways to lower costs and avoid passing them on to their diners. To mitigate these concerns, restaurants have gotten creative, looking for new cost-cutting measures. One such solution has been shrinking restaurant menus.
Spring might be around the corner, but the snowstorms keep coming. I’m not a “seasonal” wine drinker, and I enjoy a variety of wines all year long. But when the temps dip below 20 degrees and the snow is swirling outside, I tend to lean toward a “fireside” red wine or something in the spirit family. I recently received a sample of Josh Cellars Bourbon Barrel Aged Cabernet Sauvignon and decided this is the perfect weekend to taste it.
Dina Ávila/Eater. Creamy peanut butter and chile crisp make beautiful music together in this soft and chewy cookie In my experience, the who’s-who of American-style cookies has typically included chocolate chip, oatmeal raisin, sugar, and peanut butter. If forced to rank them, I would declare chocolate chip as the obvious winner, followed by sugar, peanut butter, and oatmeal raisin.
Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.
Listen to "104. BurgerFi Expands New Technology and Strategy" on Spreaker. The Fast Casual Nation Podcast offers exclusive interviews with experts ranging from top chefs and brand makers to executives and restaurants who work in one of the fastest-growing segments of the restaurant industry. In this episode, Pepe chats with Karl Goodhew, Chief Technology Officer at BurgerFi about the latest restaurant technology, labor shortage solutions , and Patty the Robot.
Paris Baguette’s Yvette Castillo dishes on what cake trends to watch for this year. To help us wrap our mind around what cake trends are hot and what are not, we turned to an expert: Yvette Castillo, Senior Research & Development Manager at Paris Baguette. Castillo not only oversees all the exhilarating cake designs for the bakery cafés across the U.S., but also has a long history of cake decorating in her own right.
Join Jeremy and Kwali founder Emmanuel Massenez where they talk about AI and computer vision to make the perfect pizza. Kwali is a pizza production platform that monitors 100% of your production and changes the way you operate your restaurant. Check them out at Kwali: Automated Quality Control | QSR | Franchises. The post 138. Restaurant Technology Guys Podcast Ep. 138 – Kwali – Using AI and Computer Vision to create better pizza appeared first on Restaurant Technology Guys
The Nevarez’s combine traditional Texas barbecue with the dishes and seasonings they grew up with The operation at Texas’s LaVaca BBQ is a family affair. The Nevarez family — founders Lupe and Christine and their daughter Kelli, who acts as pitmaster — infuses Mexican flavors and dishes they grew up with into traditional Texas barbecue. “A lot of our recipes, a lot of our influence, has been our family, our traditions, our culture,” says Kelli.
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
5 Restaurant Online Ordering Facts All Restaurateurs Should Know. The last few years have been rough on the restaurant business, which has weathered supply chain issues, labor shortages, rising food costs, a pandemic, and cutthroat competition. Nevertheless, many eateries have been able to stay open despite these obstacles. Still, restaurant owners need to adapt their business model to suit diners’ new buying behavior and preferences in a post-pandemic world.
For several years we have been considering the viability of high touch healthcare concierge programs in the restaurant space. The market leaders in this field are several third party providers, although some carriers are also developing and offering these services. The attraction of the strategy is increased employee perception of the plans while reducing plan costs.
Running restaurant operations like inventory management, staff scheduling, financial analysis, etc. without a hitch is a tricky task. How do you ensure that your restaurant is operating as efficiently and effectively as possible at all times? How do you know how many servers you should have on the floor during the lunch shift? How do you know how much inventory you need for the upcoming weekend?
Recruitment and retention strategies go hand in hand. Your hiring strategy must focus on hiring the right employees for your restaurant rather than just filling an open position. And a comprehensive approach to employee retention must be built into your hiring strategy. In Part 1 and Part 2 of this three-part hiring series, you learned about optimizing your job postings and how to develop a hiring process.
Great leadership development is the key to sustainable business growth. Are you ready to design an effective program? HR can use Paycor’s framework to: Set achievable goals. Align employee and company needs. Support different learning styles. Empower the next generation of leaders. Invest in your company’s future with a strong leadership development program.
Listen to "198. McDonald’s and Independents Getting Into NFTs" on Spreaker. Starship Tech a sidewalk robotic company is raising 100 Million in a flash Starship robots are revolutionizing food and package deliveries, offering people convenient new services that improve everyday life. Their ability to harness technology combined with experience providing services to millions of people makes this a reality today.
The top five St. Patrick’s Day cocktails are a surprising lineup this year, according to our worldwide network of bartenders. This Irish holiday’s flavors may be moving in a new direction. A new up-and-coming cocktail is taking a place on this year's list. Its refreshing flavor is a break from the St. Patrick’s Day classics. Irish Coffee.
Standard pours are what bars and restaurants typically serve to guests when alcoholic beverages are ordered, and by doing them right they can help boost your overall success.
Well, some may not agree with this article, but I felt compelled to point out some observations over the past few years. I have held myself hostage to some of the martyr reflections that have permeated the business of kitchens for decades. These beliefs have taken control of the minds and hearts of many cooks and chefs. It is certainly a tough business.
Great leadership development is the key to sustainable business growth. Are you ready to design an effective program? HR can use Paycor’s framework to: Set achievable goals. Align employee and company needs. Support different learning styles. Empower the next generation of leaders. Invest in your company’s future with a strong leadership development program.
Listen to "LIVE FROM MURTEC IN LAS VEGAS" on Spreaker. In the latest episode of Hospitality Hangout, Jimmy Frischling “ The Finance Guy” and Sterling Douglass “The Technology Guy”, are on the road and live at MURTEC Las Vegas, where they chat with Phil Crawford, Chief Technology Officer at CKE Restaurants, Inc., Tom Seeker, Chief Information Officer at Earl Enterprises, and Astrid Isaacs, Chief Technology Officer at Bloomin’ Brands Inc., about the show and restaurant-technology being highlighted
The pandemic has hit the global restaurant industry significantly. Post-March 2020, the dine-in premises of restaurants shuttered and the customers were compelled to stay at home. The customer preferences have thus experienced a paradigm shift since then. Meanwhile, as brick-and-mortar restaurants lost the scope of making sales, the operators started diversifying their services by introducing online ordering to their operations via cloud kitchens which further drove the growth of online ordering
In this podcast, Ken Burgin talks with Paul Leach from GSE Business Consultants about Buying and Selling Cafes and Restaurants. Paul is an experienced business consultant and broker: he originally trained as a chef and has many years of experience as a cafe and bakery owner. There are some great hospitality businesses for sale, and many that will be disappointing – it’s essential to understand the factors that make the difference between a good purchase and a bad one.
A restaurant, like any business, is made up of many things. There’s staff, food, raw materials, and so much more. But what’s the most important part of a restaurant?
Payroll compliance is a cornerstone of business success, yet for small and midsize businesses, it’s becoming increasingly challenging to navigate the ever-evolving landscape of federal, state, and local regulations. Mistakes can lead to costly penalties and operational disruptions, making it essential to adopt advanced solutions that ensure accuracy and efficiency.
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