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Additionally, demand has shifted to cage-free and other specialty eggs with nine states enacting laws that require eggs sold in their states to be from cage-free hens. ” Guests are not really avoiding eggs due to bird flu concerns, Ed Powers, Director of Operations at Broken Yolk Cafe, told Modern Restaurant Management (MRM) magazine.
A new piece of legislation has recently caught the attention of restaurant workers and employers alike: the No Tax on Tips Act. The proposal fulfills campaign promises from both sides of the political aisle, but for restaurant operators, it raises real and immediate questions. But it’s not without complications. Misinformation.
Additionally, demand has shifted to cage-free and other specialty eggs with nine states enacting laws that require eggs sold in their states to be from cage-free hens. ” Guests are not really avoiding eggs due to bird flu concerns, Ed Powers, Director of Operations at Broken Yolk Cafe, told Modern Restaurant Management (MRM) magazine.
Music done well in restaurants makes all the difference in how long guests will stay, whether they have a good experience and most importantly, how much money they will spend. However, when going out to dine, it is all about being social, having great conversations and enjoying each other’s company. Either way, it’s a win.
This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features the present and future of AI use in F&B, The Splintered Path to Purchase, the Datassential 500 Awards, and where chefs are earning six figures. At the same time, U.S. chain sales grew just 3.1 percent in 2024 — falling short of the 4.1
Running a restaurant without tracking your key metrics is like flying blind. Sure, instincts matter, but lets be honest, following your intuition is really just a guessing game, and eventually, a strong hunch will turn out to be a bad judgment. What Are Restaurant KPIs and Why Do They Matter?
Restaurants were among the hardest hit by the pandemic, and among the slowest to recover. Health and safety protocols ensuring restaurants could open safely meant the industry faced a sloping recovery from a precipitously sharp drop. Customers were slow to return as well, as concerns about the pandemic kept many at home.
A new coalition of organizations such as the James Beard Foundation, Women in Hospitality United, and Regarding Her aims to address systemic issues in the restauant industry and advocate for change. To learn more about MORE, Modern Restaurant Management (MRM) magazine reached out to co-founder Liz Murray.
This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features news of dramatic Valentine's Day shift, best food scenes, and the evolution of c-store foodservice. As they grapple with rising costs across their supply chain, 71 percent of restaurants plan to increase prices this year.
Modern Restaurant Management (MRM) magazine asked restaurant industry experts for their views on what trends and challenges owners and operators can expect to see in 2025. It is atop the list for restaurants looking to modernize, differentiate, and elevate experiences. Data, Data, Data.
Just as a master chef carefully balances flavors, restaurant owners in NYC must balance their books. Outsourcing bookkeeping services can offer a plethora of benefits, from saving precious time to providing accurate financials tailored for the restaurant industry. Learn more about our Accounting Services !
Just as the backbone holds up the body, so does financial accounting underpin the success of hospitality businesses. This fundamental discipline, when expertly managed, ensures the financial health of restaurants and hotels, enabling them to thrive even in challenging market conditions. Learn more about our Accounting Services !
In the ever-evolving hospitality industry, success hinges on more than just exceptional service and delectable cuisine. Hotels, restaurants, and sprawling F&B groups operate within a unique financial landscape, demanding far more than generic bookkeeping. Learn more about our Accounting Services !
Navigating the financial landscape of the hospitality industry can be a bit like trying to keep a soufflé from collapsing. This discussion will provide a roadmap for mastering the art of accounting in the world of restaurants and bars. The key differences in bar accounting versus restaurant accounting also warrant detailed exploration.
"The pandemic forced the restaurant industry to reinvent itself overnight, moving from a primarily in-store dining experience to an omnichannel, digital-first business. " As we mark the fifth anniversary, MRM magazine surveyed restaurant insiders about the pandemic’s lasting impact on their businesses and the industry. ."
Many might not be aware that the hospitality industry has unique financial challenges that standard accounting practices can’t always address. This is where hospitality accounting services come into play, with their expertise in managing the complex financial landscape of hotels and restaurants.
The way customers pay is evolving, and restaurants are adapting quickly. If you’re wondering why restaurants are going cashless, the answer lies in speed, security, and customer preference. Phasing out paper money entirely would be a huge undertaking, and some restaurants have stopped accepting bills or coins.
illycafé CEO Cristina Socchia recently told Bloomberg that prices will continue to fall before levelling out between US $2 to $2.50/lb Irvine, California, US) Fri, 4 Jul – New tariff codes for arabica and robusta imports take effect. lb over the next 15 months. But the reality is that price volatility is far from over.
A $10 million lawsuit would be the nail in the coffin for nearly every hospitality business. Below, they share more information on what a nuclear verdict is, a state of the union of nuclear verdicts, and precautions for restaurants to take to better protect themselves against these devastating verdicts.
A $10 million lawsuit would be the nail in the coffin for nearly every hospitality business. Below, they share more information on what a nuclear verdict is, a state of the union of nuclear verdicts, and precautions for restaurants to take to better protect themselves against these devastating verdicts.
In the fast-paced, ever-evolving culinary world of London, it’s as if restaurants are still using abacuses instead of calculators if they aren’t utilising professional bookkeeping services. There’s an undeniable significance in meticulous financial management, especially in the restaurant industry.
At this time last year, restaurants and bars across the country went from being houses of entertainment and joy to being forced to close as part of wide-spread mandated shutdowns to stop the spread of an uncontrollable and unknown pandemic. Shock, uncertainty, and confusion took hold of our lives and businesses. The Biggest Challenges.
Please send plant-based news to Modern Restaurant Management (MRM) magazine's Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. Good Food Restaurant Scorecard. The third annual Good Food Restaurant Scorecard ranks the top 100 restaurant chains in the U.S. This data covers U.S.
When you dine out at a restaurant, you tip your server. It's the expectation and an essential part of how restaurant workers earn a living. A guest's tip subsidizes wages for most of America's restaurant workers. History of Tipping: How did gratuity become integral to our restaurant culture?
Restaurants and hospitality venues remain closed throughout the U.S. Beyond the current operational and financial issues plaguing the hospitality industry lies a very difficult reality. There is no “on” switch that will bring our hospitality industry back to service.
Restaurants are filling up again, but hiring and retaining employees in the midst of a national workforce shake-up remains an uphill battle. Take a Modernized Approach to Attract and Engage Talent. One emerging approach some restaurants are implementing is the utilization of modern technology to improve the candidate experience.
As more restaurants in the United States receive the go-ahead to open their doors for indoor dining, Modern Restaurant Management (MRM) magazine reached out to industry experts on ways to calm employee anxiety. Rick Camac, Dean of Restaurant & Hospitality Management at the Institute of Culinary Education.
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. Restaurant Revitalization Fund Replenishment Act Introduced : On June 8, 2021, a bipartisan group of Senators and U.S.
Let’s start with an uncontroversial premise: California’s complex, ever-changing gauntlet of employment laws is difficult for any company to navigate. Yet you may still be wondering why, aside from the headache, does it matter for my restaurant? California employment law isn’t intuitive. Why Compliance Matters.
What are some ways restaurant owners and operators can be safe and welcome guests while maintaining social distance? As the Coronavirus crisis continues, Modern Restaurant Management (MRM) magazine asked industry insiders what best practices restaurants should have in place for social distancing, as per CDC guidelines.
It’s a new world for restaurant owners and managers. Having already adjusted to the rise of takeout and delivery, now restaurants are figuring out how to reopen for dine-in service while navigating social distancing and other health guidelines. Just last week, I dined outdoors at a local restaurant. The best part?
The Freelance Isn’t Free Act (FIFA) represents a significant shift in labor law, providing new protections for freelance workers across New York state. Although initially intended to take effect on May 20, that has been postponed until August 28. FIFA’s Key Ingredients: Protections for Freelance Workers Written contracts.
Modern Restaurant Management (MRM) magazine reached out to Rick Camac, dean of restaurant and hospitality management, at Institute of Culinary Education, for his expert advice. If allowable by law, run gas to the area to fuel heaters. Many sidewalks slant out toward the street. Set seating times.
This is probably the only time in your restaurant management career that you’ll be able to take actual breaks! 7shifts Marketing Team Recommends Just like marketing, people always come first in the restaurant business. 7shifts Marketing Team Recommends Just like marketing, people always come first in the restaurant business.
You were either part of this or feeling left out because you weren’t. Can you tough it out? We even boast an informal initiation period where new employees are given conflicting directions, inaccurate details on the work to be done, or even sent on wild goose-chases just to embarrass them and see if they can take it.
Due to the Covid-19 outbreak effect on the restaurant industry, Modern Restaurant Management (MRM) magazine is compiling a list of resources available for restaurant owners, operators and managers. To be added to this guide, reach out to Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com.
This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features the rise of eCommerce, economic impact, dining during COVID and hot dog insights. Key findings for the restaurant industry include: Restaurant Closures Data. Key findings for the restaurant industry include: Restaurant Closures Data.
Your restaurant is open and customers are back. Workers’ compensation data shows an uptick in the number of new employees injured on the job, especially in the hospitality and food service industries. Restaurants are struggling to find people in a tight market. New Employees Have More On-the-Job Injuries.
The holiday rush is here, and as the world goes from pandemic to endemic, customers are dining out more. However, the harsh reality is that the current labor shortage is making it a challenge for many restaurants to handle the workload. If they meet this mark, it’s worth giving them a chance.
Modern Restaurant Management (MRM) magazine asked restaurant industry experts for their views on what trends and challenges owners and operators can expect to see in 2024. To capture their attention and loyalty, businesses, including restaurants, must prioritise easy access and convenience. Read the first part, here.
This an excerpt from Bruce Nelson's Restaurant Management: the Myth, the Magic, the Math. “The laws of nature are but the mathematical thoughts of God.” ” I have come to understand that a lot of people get into the restaurant business under the same notion. Part Three – The Math. Oh yes, the math.
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