The Restaurant Times
JANUARY 13, 2022
A survey conducted by Too Good To Go indicates that more than 1/3rd of the bakery output in the UK ends up being wasted. This is where it is recommended to start a waste-free bakery. Research by Too Good To Go states that around 50% of the UK bakeries have a documented plan in place to reduce food waste. Source: Pinterest.
Open for Business
OCTOBER 20, 2023
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.
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Apicbase
MAY 29, 2024
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. Marketing and brand building are much more critical for a cloud kitchen operation.
Sling
JULY 24, 2023
There is an ever-growing market of specialized software for all of the outside-the-kitchen things restaurateurs have to think about. In addition, Toast offers products ranging from payroll and tips management to inventory management , email marketing and more.
Restaurant365
DECEMBER 17, 2019
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. This includes everything from napkins to kitchen equipment, as well as licensing costs. Marketing Costs. Labor Costs.
Sling
JUNE 19, 2023
You’ll experience firsthand what it takes to keep a bar going and gain valuable experience in basic business practices, like: Customer service Employee development Marketing Payroll Inventory Scheduling Becoming a better manager You can then transfer the lessons you learn working for someone else to your own unique venture.
Open for Business
DECEMBER 12, 2023
The short answer is, it varies wildly depending on your market, concept, space, and a host of other considerations. Take the time to research what investors in your market typically like to see in deals. But remember, those numbers vary depending on the market, economic conditions, and the particulars of your business.
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