article thumbnail

Restaurant Budgeting: How to Create A Restaurant Budget

7 Shifts

This includes: Net Sales: The total revenue derived from your sale of food and beverages. However, as a rule, the primary costs you can expect in running your restaurant are usually related to food, labor, and rent. This can reduce your budget for ingredients and, at the same time, minimize food waste.

article thumbnail

How To Start A Catering Business In The USA

The Restaurant Times

The catering industry includes companies that provide individual event-based food services. What type of food will you serve? Licenses And Permission . Every state has a separate set of guidelines and policies for licensing and permits for catering companies. General business license . Zoning permit .

Insiders

Sign Up for our Newsletter

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

article thumbnail

January/February 2021 Legal Update

Modern Restaurant Management

Nair, a partner at Ervin Cohen & Jessup LLP compiles recent legal news affecting the restaurant, food and beverage and hospitality industries for Modern Restaurant Management (MRM) magazine. ease liquor license requirements, and authorize open container entertainment zones. food supply remains steadfast. Legislation.

2021 125
article thumbnail

Building A Powerful Plan To Start And Grow A Bakery Business

The Restaurant Times

Source: Times Food – Times of India. This is one of the major reasons why the majority of restaurant businesses fail within a year or two even after having efficient operations and good quality food. . Acquire All The Required Licenses For Your Bakery Business. Look For An Appropriate Location.

License 52
article thumbnail

‘Who Watches the Kitchen?’

Modern Restaurant Management

Alongside wild stories detailing how foodborne illnesses can happen, Shaw offers practical solutions to avoid food safety breaches. Shaw is a food safety specialist, podcaster, founder of Savvy Food Safety, co-founder of My Trusted Source, and an entrepreneur, author, and speaker who spent 30+ years working in the foodservice industry.

article thumbnail

How to Start Food Truck Business in 5 Steps

Touch Bistro

Exploring how to start a food truck business is a smart move in 2021. The startup costs are lower than what you’d have to shell out to open a brick-and-mortar restaurant, and as the world continues to grapple with the COVID-19 pandemic, food trucks offer both a safe dining option for your guests and a reliable income source for you.

article thumbnail

What Is A Franchise Restaurant? — Benefits For Growing Food Brands

Apicbase

When you franchise your restaurant, you allow an independent investor to buy into your business, selling the license to use your brand name, operations, products, and knowledge. Restaurant franchising has been around since the 1920s, used mainly by fast-food chains like McDonald’s, KFC, and Taco Bell. Get Your Step By Step Playbook.