Fast Casual Food Supply Insurance 
7 Shifts
JULY 12, 2024
Fixed costs Fixed costs are expenses that remain constant, including rent, insurance, and utilities. If transferring isn’t an option, you can try to reduce other fixed costs like insurance premiums. COGS is a restaurant metric that includes everything you spend on food and drinks to make the dishes you serve.
7 Shifts
JULY 5, 2024
Running a restaurant is not just about serving great food; it’s also about managing finances. The average profit margin of full-service restaurants ranges between 3% and 5%, while their fast-food and casual counterparts’ margins fall between 6% and 9%.
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7 Shifts
AUGUST 2, 2024
When hiring restaurant accountants, your primary consideration should be those who understand the complexity of the food and beverage industry—both front-of-the-house and back-of-the-house operations and management. This number is essential because it helps you determine the price of your food and beverages.
Modern Restaurant Management
NOVEMBER 4, 2019
“The restaurant scene was the natural next step for Meatless Farm following our fast-growth in grocery stores across the globe. Protein Bar & Kitchen now operates 19 fast casual restaurants with 13 in Chicago, four in and around Denver and two in Washington D.C. Plant-Based More Mainstream. Impossible Meatballs.
MBB Hospitality
MAY 29, 2019
If you’re eager to start a new food business at a small scale, let the following strategies lead you to succeed in your small restaurant venture. You can go about a variety of ways in determining this, by answering questions such as: What kind of food are you passionate about? Do you want a casual diner or a luxury restaurant?
7 Shifts
AUGUST 18, 2024
Not only do you have to manage many costs including, labor, equipment, and food—but you have to do it while dealing with inevitable price increases. Whether it’s food cost increases due to inflation or a labor cost rise due to rising minimum wage, cost increases, like taxes, are pretty much a guarantee in the restaurant industry.
Aaron Allen & Associates
MARCH 19, 2020
The economic slowdown, public markets in distress, supply chains interrupted, tourism coming to a halt, consumers staying at home (which — for many — translates to a lower disposable income), and huge uncertainty can have long-lived effects for many restaurant businesses. Restaurant Industry Coronavirus Timeline. March 19, 2020.
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