article thumbnail

Setting the stage: a guide to opening a restaurant

Open for Business

From budgeting and licensing to crafting the perfect menu, here’s everything you need to know about how to open a restaurant. Market research Before you even think about the menu or location, you need to understand the guests who will walk through your doors. Doing so will give you a sense of the market gap that needs filling.

License 78
article thumbnail

Top 24 Restaurant Management Software Solutions for 2023

Sling

Some of these apps are designed to solve specific problems, like shift scheduling or point of sale , while others boast all-in-one suites for every aspect of restaurant management. There is an ever-growing market of specialized software for all of the outside-the-kitchen things restaurateurs have to think about.

2023 78
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What is a Ghost Kitchen? Winning Models, Trends, and Opportunities

Apicbase

Market data, however, tells a different story. According to Statista , in 2023, the revenue of online food delivery was estimated at over $1 trillion, and it is expected to hold a 50% share of the drive-thru and takeaway food service markets by 2030. That is not too bad for a dying sector. Virtual restaurant brand.

article thumbnail

The Complete Guide to Restaurant Costs

Restaurant365

Instead, gradual sales growth will help your business gain traction and develop a solid foundation. One-time costs are one-time purchases, like a lease security deposit or loan down payment, signage, renovation costs, and business licenses and permits. Marketing costs are also variable and controllable. Restaurant Food Costs.

article thumbnail

How To Start A Sushi Food Truck Business In The UK

The Restaurant Times

However, the market share of sushi in the UK food industry is still relatively small, so the growing popularity can be seen as the indication of growth potential in this segment. Do Your Market Research. There is no point in selling things with no market demand. Get The Licenses And Approvals.

article thumbnail

How to Choose a Bar POS System

Mad Mobile

As bar owners and managers, you know that having the right point of sale system for your restaurant or bar makes all the difference. We’ll walk you through the bells and whistles and show you why CAKE is the best bar POS system on the market. Choosing the right one, though, is a piece of cake!

POS 40
article thumbnail

How To Start A Profitable Cloud Kitchen Business In UK

The Restaurant Times

The online food delivery market size in the UK is projected to grow from USD 11.3 Also, since it doesn’t require any storefront, a cloud kitchen can be set up within residential areas, unused parking spaces, and market backsides. Get The License And Approval. billion (GBP 8.4 billion) in 2021 to USD 17.2 billion (GBP 12.8