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Launching Your First Food Truck: 3 Crucial Considerations for Success

The Rail

With the restaurant scene alive and well, there’s never been a better time for aspiring restaurant owners to launch a new brand — especially for those who wish to open their very first food truck. The value of location in relation to business isn’t a new concept.

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MRM Research Roundup: Labor Struggles, Holiday Habits, and Food Truck Trends

Modern Restaurant Management

The survey was conducted in January 2024 among 522 US-based Food and Beverage professionals, including owners and managers from single-site establishments and small multi-site chains with fewer than 20 restaurants. Fast-Casual Fast Growth Rising prices in recent years have evidently been good for someone: Fast-casual restaurants.

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MRM EXCLUSIVE: The Tipping Point Is Now

Modern Restaurant Management

They are less likely to tip consistently at fast- food locations and ice cream parlors. Consumers have noticed the price increases. Tipping is now encouraged at all types of food establishments beyond traditional sit-down restaurants to combat menu price increases. Where are guests most resistant to tipping?

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2021: A Year of Navigating Shortages

Modern Restaurant Management

Restaurants have faced labor shortages, supply and equipment shortages, and climbing food prices, with no past playbook on how to navigate the crisis. Supplies are stuck in the harbor, on trucks or are just non-existent as both national and international supply chain shortages remain. Food Shortage.

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A Comprehensive Guide To Restaurant Profit Margins For All Restaurant Types

7 Shifts

Compare different policies and choose one that offers good coverage at a reasonable price. Variable costs Variable costs depend on your restaurant’s level of activity, including food and beverage costs, labor costs, and supplies. However, high labor costs and food costs can make it difficult to maintain a high profit margin.

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Wrapping Up a Restaurant Marketing Trend

Modern Restaurant Management

. “Our marketing plan has always been to get new people to try our food,” he said. We continued to advertise and market our food, focusing specifically on takeout and delivery to drive business. “So many calls to the restaurant referenced they had seen our truck out front or driving around the town.

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MRM EXCLUSIVE: Restaurants’ Lockdown Lessons Are Key to Coping with Soaring Costs

Modern Restaurant Management

Food prices are soaring amidst supply chain disruptions, increasing labor costs, and processing plant shutdowns. Poultry prices are up 15 percent to 18 percent ; the cost of eggs has risen 73 percent. consumers say they’re happy paying higher prices for great service. First-Rate Service. Seven out of 10 U.S.