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It’s time to accept where we are, listen and understand where we might be going, put aside our frustrations and begin to establish a working strategy that is based on what is inevitable. Yes, I’m talking about what it will be like in our restaurants from this point on and into the foreseeable future. I know, I know – we all want things to return to normal, and we want the industry we knew to come back just as it was.
The trends around restaurant ownership change with time, but the COVID-19 pandemic has accelerated consumer and investor trends alike. Consumer expectations have been permanently altered, and there are some key features to look for when seeking to invest in a franchise that will keep up with those expectations. Concepts to Invest in. Investors have continued to invest in brands that have experienced slower growth or even struggled to grow in recent years.
Second-generation restaurant spaces are an increasingly popular and appealing option for landlords and tenants alike. The restaurant business is not for the faint of heart. It’s not exactly a secret that getting a new restaurant up and running is a significant challenge, with a high bar for entry that includes formidable logistical hurdles and financial obstacles.
Shutterstock. Also known as “corn smut” or “Mexican truffle,” this corn fungus can do so much more than just fill quesadillas As the Aztecs expanded their vast empire in the Valley of Mexico in the 14th to 16th centuries, one of the biggest questions they faced was how to feed their millions of tax-paying subjects. The answer eventually came in irrigated terrace systems and chinampas , or man-made islands, which yielded enough food to sustain the growing population.
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.
To gain more visibility on Google, many businesses have created a Google Business Page. Google My Business is a free tool for business owners to use. Google My Business enables you to manage and optimize your Business Profile on Google. 1 It also allows you to use Google My Business listings and advanced SEO tools. Furthermore, Google My Business is often the first place most customers go to look for information about a company. 2.
Focus Expands Gift Card Offerings with a Digital Alternative to Plastic Cards. San Antonio, TX – October 1, 2021 – Focus POS, a leading provider of restaurant management software, announces the availability of Focus eGift digital gift card solution. With more consumers placing restaurant orders online, Focus eGift meets the demand for gift cards that are easy to use on a PC, laptop, or smartphone as well as at the checkout.
In February of 2020, the restaurant industry was on a long, slow march toward digital sales growth. As a percentage of overall sales, digital averaged around five percen t. Some leaders, including brands like Wingstop, Chipotle, Starbucks, and others, as a result of early investments in the digital customer experience, were already experiencing well-above-average digital sales numbers, and were much better prepared for what came next.
In February of 2020, the restaurant industry was on a long, slow march toward digital sales growth. As a percentage of overall sales, digital averaged around five percen t. Some leaders, including brands like Wingstop, Chipotle, Starbucks, and others, as a result of early investments in the digital customer experience, were already experiencing well-above-average digital sales numbers, and were much better prepared for what came next.
Outside Geros tou Moria | Geros tou Moria. Where to find avocado tzatziki, fried seafood in a cone, mutton burgers, and octopus candied with tsipouro in the Greek capital Every year, tourists travel to the Greek capital to hike up the Acropolis, browse countless museums, and seek out tans at nearby beaches. They also come for Greek cuisine, which builds many meals from three key ingredients: olive oil, wheat, and wine.
Reading Time: 5 minutes. Heinz nearly ran out of ketchup packets this year, practically triggering a nationwide ketchup shortage. A surge in demand caused by the delivery and take-out boom is partly the reason. But the root cause runs deeper than that. Supply chain disruptions and shortages like these are hitting every part of the food service industry hard.
Taking inventory in your bar or restaurant is time-consuming, and one of the things that most bar managers or owners push down to the bottom of their to-do list.
Controlling a restaurant kitchen’s inventory is a key to proper restaurant management and can help avoid wasting food and space. When it comes to your livelihood, any gaps in inventory are more than mere annoyances — they could be hurting your ability to make a profit. Food waste and inefficiency are two of the biggest obstacles that could be keeping you from succeeding, and how you manage your inventory plays a critical role in avoiding them.
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.
You could probably train a rat to do this. | Disney/Pixar Creative Studios. In which an actual rat behaviorist reminds us repeatedly that “Ratatouille” was not a documentary Because the opening of the Ratatouille ride at Walt Disney World on October 1 is as good a reason as any, here now, a weeklong exploration of the 2007 rat-infested Pixar classic, Ratatouille.
To me, there is no meal like a juicy, buttery steak cooked to perfection. Nothing gets my mouth watering like the smell of flame grilled steak wafting through the dining room as my plate is being brought to the table. Not all steakhouses are created equal, though, and there are very few things worse than a bad steak. So, I figured I’d do my fellow carnivores in North Florida a service by putting together a list of all my favorite places to go for steak in Jacksonville.
The restaurant industry is evolving at an incredible rate. Running a restaurant comes with long and short-term problems that will exhaust you if you don’t have any assistance or prior experience. Practices that were common in the restaurant business, only a few years ago are gradually being phased out in favor of more efficient and quicker methods of operating.
This edition of MRM's "Ask the Expert” features advice from Buyers Edge Platform. Please send questions to Modern Restaurant Management (MRM) magazine Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. Q : What are some ways I can cut costs without customers noticing while still maintaining a high level of value?
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.
Marekuliasz/Shutterstock. Free grocery delivery has served to cloak the human cost of labor, leading consumers to expect a free service that was never really free If going to the grocery store and having groceries delivered costs pretty much the same amount of money, why would anyone go to the grocery store ever again? What was always desirable service became even more in demand during the pandemic, when so many people were trying to avoid packed aisles and endless lines.
People often venture into the Windy City for the culture, sights, fantastic shopping, and of course, the wide variety of restaurants and cuisines, sushi included. You can get a direct flight from most airports, take in a baseball game (Cubs or White Sox?), do some shopping, eat a fantastic meal, and either call it a night or head back home. While hunting in the Windy City, there are many choices to pick from to find the best sushi Chicago offers.
Buffalo Waffles is a unique street-style waffle chain that serves waffles with meat, ice cream, and desserts. And the finger-licking goods are certainly a hit among youngsters. Thomas, a young entrepreneur from Chile, after finishing his major in organizational Psychology started his career in the city. Early in his career, he co-founded Maid Your House (a cleaning startup that failed after 2 years) and simultaneously Buffalo Waffles. .
Clay Murphy has always been bold. You can hear it in the way he talks nowadays — proud and declarative and maybe even a bit brash — and this confidence was certainly a trait he’d already picked up by the time he reached his twenties. So maybe it wasn’t all that shocking how one day, in 1986, Murphy boldly announced he was going to marry a woman a few minutes after laying eyes on her. “I just knew,” Clay says of first seeing Pam Weaver that day in Aisle 3 at St
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.
How the Disney Pixar classic about an outsider thriving in the kitchen defined my coming of age — and coming out Because the opening of the Ratatouille ride at Walt Disney World on October 1 is as good a reason as any, here now, a weeklong exploration of the 2007 rat-infested Pixar classic, Ratatouille. On my 18th birthday, I was still very much a work in progress — not out yet, not really sure what my big plan was.
The Fall is upon us, and we all know what that means – watching games with family and friends while enjoying day game food and snacks. Whether or not you are a fan of Football (or if you are a fan of Autumn), we can all agree that Chicken Wings are absolutely some of the best food to have by your side, especially when the weather gets cooler. Whether or not you are looking to grab wings for takeout to enjoy the game at home or dine in an upscale dining restaurant, we have rounded up the be
In the latest episode of Hospitality Hangout podcast, Michael Schatzberg “The Restaurant Guy” and Jimmy Frischling “ The Finance Guy” chat with Brita Rosenheim, Partner at Culterra Capital and Venture Partner at Better Food Ventures to explore restaurant technology. Rosenheim got started with an interest in the food world and left banking, she went to Italy to get a Masters in food communications.
Looking for a way to increase profits, get control of expenses, and keep your bottom line in the black? The solution is simple: Calculate your restaurant’s food cost percentage. In this article, we take an in-depth look at why this food cost number matters for your restaurant, how to calculate it, and the best way to optimize for success. Food Cost Percentage: Definition.
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.
Sophia Pappas. No, it’s not just you: Buttermilk is confusing. No, it’s not just you: Buttermilk is confusing. It’s confusing because the word “buttermilk” has meant different things at different times to different people. It’s confusing because different products labeled “buttermilk” today are similar in appearance and texture, but are actually made in different ways.
While many people know Charlotte as a center of education, finance, and business, they may also enjoy visiting the city for its fantastic steakhouses. So, whether they want to go out after a long workweek or grab a quick bite before going to a Panthers or Hornets game, the Queen City has it all. With several eateries to choose from, you might have this question on your mind: where can I get a good ribeye or filet mignon in Charlotte?
Tracking your profit margin, in the current moment and over time, is critical to managing your restaurant’s financial health. All business owners and managers are familiar with the concept of profit margin but understanding exactly what lies behind the calculation can help you figure out how to optimize it. If you want to improve your restaurant profit margin, it depends on many factors.
Seasonal jobs aren’t just for high-school and college students anymore. Many adults now take seasonal work to supplement their income, boost their savings, or prepare for a one-time major purchase. Seasonal , part-time jobs can even lead to year-round, full-time work, so they are a great way to break into an industry. But how can you find a seasonal job ?
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.
Celebrated French restaurant Pasjoli in Los Angeles received one star for the first time. | Wonho Frank Lee. After a year off for the pandemic, the tire company has returned with a vengeance but with many of the same predictable selections The Michelin Guide, the vaunted star-bestowing restaurant list assembled by a tire company, completed its reveal of its 2021 guides across the United States in September.
California is known for its cuisine, and if you’re wondering where to get a steak in the Bay Area, look no further than San Jose. Amid the region’s wine bars and fusion restaurants, you’ll find delicious cuts of meat that rival anything else that you’ll find in the area. San Jose is a fantastic city surrounded by California’s famous Silicon Valley, and it’s full of plenty of other things to do, like see the area’s Municipal Rose Gardens or check out the Rosicrucian Egyptian Museum.
Reading Time: 5 minutes. Heinz nearly ran out of ketchup packets this year, practically triggering a nationwide ketchup shortage. A surge in demand caused by the delivery and take-out boom is partly the reason. But the root cause of the current food chain crisis and rising food prices runs deeper than that. Supply chain disruptions and shortages like these are hitting every part of the food service industry hard.
Hiring tools can help streamline the repetitive process. A hiring solution allows managers to organize and manage applications all in one place, automatically tracking applicants in the hiring pipeline. This article was published in Hospitality Technology. September 24, 2021 by John Moody, Restaurant365 Chief Strategist and Co-Founder. The restaurant industry has historically had a high turnover rate, but owners, operators, and managers are currently facing an unprecedented labor shortage.
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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