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Setting Up A Sustainable Food Truck In 2021

The Restaurant Times

Sustainability is a concept that has gained popularity everywhere, including in the restaurant industry. When it comes to food trucks, a lack of sustainability can give rise to multiple problems. Setting up a sustainable food truck is, therefore, a new concept. . 7 Ways To Set Up A Sustainable Food Truck.

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How to Read a Restaurant Profit and Loss (P&L) Statements

7 Shifts

Components of a restaurant P&L statement Your P&L contains a lot of helpful data, including: Revenue Cost of goods sold (COGS) Operating expenses Prime cost Gross Profit Gross Profit Margin Net Profit/Loss Knowing the numbers and their implications for your business sets you on the path to sustainable financial success.

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2023 Reflections: The Year That Was in Restaurants, Part Three

Modern Restaurant Management

For many craft beverage brands, the local brewery taproom (providing daily “market research”) is incentivizing creators to “create again" emphasizing local ingredients and unique blends (across al l ABV's while also developing beyond-beer options.

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Reskilling, Retention and Robotics: Creative Solutions to the Restaurant Labor Shortage

Modern Restaurant Management

The gap between available positions and willing, skilled workers has widened, putting pressure on service quality and business sustainability. Retention Revolution To retain staff, restaurants go beyond salary by offering benefits such as health insurance, retirement plans, and performance bonuses.

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Restaurant Accounting: A Comprehensive Guide

7 Shifts

Customer acquisition cost (CAC) CAC is used by restaurants to measure the effectiveness of their marketing efforts, whether they're advertising on social media or utilizing coupons, deals, and local print ads.

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What to Avoid When Looking for a Restaurant Job: 6 Red Flags

7 Shifts

Lean into what sets you apart, and remember that job posts are a form of marketing. One creative benefit that Cummings has come across is pet insurance. Tell them how many paid vacation or sicks days, what kind of insurance is offered, and any other benefits you provide. If you're hiring , spend some time on your post!

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ChowNow’s Guide to Restaurant Expenses & Cost-Saving Tips

ChowNow

From ingredients to insurance, new restaurants need to know how to manage fixed and variable costs. Fixed costs generally stay the same each month and are not tied to sales, such as rent or insurance. Restaurant expenses can add up quickly if you’re not careful. Balancing your budget is the most essential recipe for success.