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2025 Restaurant Outlook: A Recipe for Success with Risk Management

Modern Restaurant Management

After weathering years of pandemic-related challenges, the sector continues to rebound with optimism. Outsourcing high-risk services, such as delivery, can alleviate exposure to rising auto insurance costs, which are projected to climb in 2025. In 2023, the average cost of a hospitality-related breach surged 14 percent to $3.36

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Nine Critical HR and Payroll Steps to Prepare Your Restaurant for 2025

Modern Restaurant Management

From updating policies to gearing up for tax season, these steps will enhance your compliance and position your restaurant for sustained growth. Update Your Employee Handbook Your employee handbook sets the tone for your culture by establishing expectations and aligning your team toward a common goal and vision.

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What Restaurant Owners Need to Grow: Legal Strategies for Long-Term Success

Modern Restaurant Management

From franchise compliance to mergers and acquisitions (M&A) terms, the right legal frameworks can guide a restaurant company to long-term, sustained success. Taking the time to solidify these elements now will help sustain your success as you expand.

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MRM Research Roundup: Experimentation, Valentine’s Vibe Shift, and Wine Cork Market

Modern Restaurant Management

The research found that businesses worldwide – particularly restaurants – intend to experiment more in 2025, especially with customer retention programs like loyalty, as they face the triple challenge of sustained high inflation, shrinking consumer wallets and the need to raise prices across the board. percent during Q4.

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MRM Research Roundup: Midyear Report Card, Cowboy Carter Boost, and the Evolving Pumpkin Craze

Modern Restaurant Management

Operators are also preparing to boost employee training to drive both retention and the overall guest experience, with 30 percent of survey participants reporting they already increased pay. Another 30 percent said they spent more on enhanced training so far this year. Tips at full-service restaurants also declined from 14.76 percent in Q2.

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28 Strategies to Cut Costs in the Restaurant Business

Lavu

By regularly monitoring and managing costs associated with having employees, restaurant owners and managers can make informed decisions about staffing levels, pricing, and overall operations to ensure the business runs efficiently and profitably. Examples of fixed costs for a restaurant include rent, insurance, and equipment lease payments.

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Restaurant Accounting Tips Made Simple: Expert Ways to Boost Profits in 2025

Lavu

A strong understanding of the basic accounting practices allows you grow your profitability and run your restaurant in a financially sustainable manner. This also includes payroll taxes and employee benefits. Occupancy Expenses: This refers to fixed costs like rent, property taxes, utilities, and property insurance.