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As a concept, “eatertainment” is not new. It’s evolved from the “arcade and pizza” format of Chuck E. Cheese and Gattiland to venues that offer several activities including Pinstripes and the ever-expanding Punch Bowl Social and target adults. Eatertainment is defined as “a guest experience that involves food and/or beverage dining before, after, or during other activities.” The “eatertainment” concept emerged in the early 2000s due to the ri
A strong franchisor-franchisee relationship can be a thing of beauty. Clever marketing and strong branding from a restaurant’s corporate offices can boost sales for franchised restaurants. In turn, this gives franchisors more money from royalty fees, which creates a mutually beneficial cycle for restaurant success. However, with the highs usually come the lows.
Managing a restaurant requires organizing and overseeing many different moving parts. From the food to the accounting, these tasks are hard to keep organized and on point. POS systems for restaurants are designed to streamline certain tasks and help you run a smooth operation. The post The 20 Best Point Of Sale (POS) Systems For Restaurants appeared first on Restaurant Den.
Events are a great way to draw people to your restaurant, whether on a big holiday weekend or a slow weeknight. If a restaurant has promised a memorable experience , diners are bound to come in, enjoy their meal, and be entertained. From hosting an 80s Fever Night to running a quirky dating event, these 25 restaurant event ideas will attract huge crowds – without breaking the bank for your business.
Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.
Have you ever imagined how thousands of people spend their nights on shelters in Canada and United States every night? According to CBC News 30.000 people are homeless every night in Canada. And 500.000 Americans go homeless in a single night says the White House. Homeless’ needs are always on shelters managers and directors minds and even with a limited budget they do their bests to search for perfect cost-benefit furniture and shelter supplies to attend all of their needs. .
GULF BREEZE, FLA. – December 3, 2019 – Innisfree Hotels has broken ground on its latest development project, a dual-branded SpringHill Suites and Courtyard by Marriott hotel located at 2900 Atlantic Avenue in Amelia Island, Fla. The hotel company will partner with Main Beach Sojourn LLLP, carrying on a 26-year affiliation of principals associated with the former Amelia Island Care Center located on the site.
Almost every brick-and-mortar business needs good signage. For many companies in a variety of industries, the design above the door plays a major role in encouraging potential customers to step inside. Restaurants and cafés are no exception, but there are some unique considerations when developing signs for an eatery. From the types of typography used to the current state of repair, your signage says a lot about the kinds of food and drink you offer, the atmosphere of your establishment and
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Almost every brick-and-mortar business needs good signage. For many companies in a variety of industries, the design above the door plays a major role in encouraging potential customers to step inside. Restaurants and cafés are no exception, but there are some unique considerations when developing signs for an eatery. From the types of typography used to the current state of repair, your signage says a lot about the kinds of food and drink you offer, the atmosphere of your establishment and
The people have spoken, and your restaurant franchise is a winner. In a sea of restaurants nationwide, yours has stuck out and been successful. That’s not a feat to be taken lightly, and as the old saying goes, you should never quit while you’re ahead. Therefore, it might be time to expand your franchise and lay the foundation for one (or even several) more franchise locations.
If you’ve built up a successful restaurant, then you definitely have reason to celebrate. It’s impressive to be among the 50 percent of small businesses that make it past year five. Maybe your customers are complaining about waiting too long or having to travel long distances. You’re probably also seeing strong profits and consistent cash flows.
Direct Mail Marketing has been around just about as long as mailbox service to homes has been. Barring an apocalypse, there will always be direct mail. That doesn’t mean, of course, that you need to use it to get the word out about your restaurant. I may own Our Town America, a national direct mail marketing franchise, specializing in reaching people who have just moved to the community, but I recognize there are other ways to market your business.
Payroll compliance is a cornerstone of business success, yet for small and midsize businesses, it’s becoming increasingly challenging to navigate the ever-evolving landscape of federal, state, and local regulations. Mistakes can lead to costly penalties and operational disruptions, making it essential to adopt advanced solutions that ensure accuracy and efficiency.
It’s December, and the air is seasoned with the scent of cinnamon, spice, and everything nice. January is fast-approaching, and hot lunch spots will soon be back on the mind of every highschool and college student in your area. Want to capture the hungry, back-to-school lunch crowd for January? Get ahead of it with our 12 favorite restaurant lunch special ideas for you to feature.
Did you know that the average American switches jobs every 4.2 years ? The average restaurant employee, however, change jobs every 56 days ! It’s a miracle that restaurants remain a significant part of the economy despite this major staffing problem. How does this revolving door affect the restaurant industry? Turnover creates more than just financial repercussions.
Which came first, the chicken or … the pickle? At the newest location for Chicken N Pickle® in Wichita, Kansas, the answer is: the garage doors. Yes, garage doors. The unique indoor/outdoor entertainment complex features a sprawling setting with pickleball courts, a variety of yard games, a restaurant and sports bar. The casual dining restaurant was designed with an open-air concept — except when the weather turns bad.
How Multi-domain Data Governance Works from Farm-to-Fork. With the escalation of recalls in the food industry leaving a blizzard of regulation in its wake, it is becoming increasingly important that regulatory environments, legal restrictions or requirements, authorizations and accreditations, industry standard practices, and security over monitoring of activity is managed to ensure compliance – even as these mandates become increasingly difficult to understand, Implement or update.
Driven by a diverse and exciting ecosystem of passionate, ambitious, and often young entrepreneurs, the Food & Beverage (F&B) sector is a highly competitive environment full of immense challenges and exciting opportunities. Expert Market’s 2024 industry report, sponsored by Toast, is informed by a survey of 522 U.S. food and beverage professionals, from restaurant owners to food service managers, providing insights into the real-time challenges and opportunities within the industry.
Catering can be a great way to increase your sales during the holiday season. You already have the commercial kitchen, staff, customer base, and the economy of scale for bulk ordering so the cost of entry into catering should be relatively low. But before you dive in, understand that catering takes a great amount of planning and strategy. It’s vital that the challenges that come with feeding large numbers of people at ever-changing venues does not negatively impact your current business, c
Modern Restaurant Management (MRM) magazine asked restaurant industry insiders and experts for their insights on what will impact restaurants in 2020 and the response was overwhelming. They touched on topics such as delivery, ghost (dark) kitchens, automation, plant-based menu items, food waste, sustainability, staffing and retention and more. Rick Camac, Dean of Restaurant & Hospitality Management at the Institute of Culinary Education.
Deciding to make a service call isn’t always an easy decision. Your kitchen, or at least part of it, may be out of commission for a period of time. And if a unit is out of warranty, the repair may cost more than you anticipate. Despite the potential drawbacks, taking action and calling a service company can save you time and money in the long run.
People feel an obligation to do something for you when you’ve done something for them. This is known as the principle of reciprocity. You’re more likely to buy a gift for someone who bought one for you. You’re more likely to invite someone to your wedding if they invited you to theirs. You’re more likely to buy something if the seller gives you something for free.
Managing HR tasks like payroll, compliance, and employee data can overwhelm small businesses. That’s where a Human Capital Management (HCM) solution comes in. Our eBook, Why Every Small Business Needs an HCM Solution: A Comprehensive Guide , shows how an HCM system automates tedious processes, ensuring your business stays compliant and efficient. You’ll learn how to simplify payroll, eliminate costly errors, and empower your employees with self-service tools.
With data showing that 65 percent of gift card recipients spend approximately 38 percent more than the face value of their cards, restaurant brands should be taking action to optimize their gift card programs for the holiday season. The holiday season is coming and gift cards are still the present du jour. For this reason, brands across all industries should be putting thought into how they will optimize their gift card programs.
A portion of this article is included as a chapter in a new, 90+ page eBook – How to Start a Business from Scratch: Build a Successful Business and Turn Your Ideas Into Money. Grab your free copy here. If you’re thinking about opening a restaurant, you’d be joining a huge industry. There are more than one million restaurants in the United States and the industry projects $863 billion in sales in 2019.
The sales model referred to as “buy online, pick up in store”—commonly shortened to BOPUS—is one of the fastest-growing trends in the food service industry. After all, what’s not to love about this sales channel? The arrival of BOPUS means your customers can have access to your products at any time with just a couple of clicks.
This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features the great gift of a restaurant gift card, learning about event professionals, top QSR traffic and digital ordering strategies. Holiday Traffic Not Enough. Topline numbers show robust restaurant sales growth during November. This was largely due to a favorable shift in the Thanksgiving holiday.
Dive into the transformative potential of business automation within the hospitality sector. This comprehensive overview showcases how innovative technologies can streamline operations, reduce costs, and elevate guest satisfaction. Discover the advantages of integrating systems like automated check-ins, CRM, and energy management to not only save on expenses but also to provide a seamless and personalized guest experience.
They’re the restaurant’s human face: ensuring customers feel welcome, answering questions and bringing out each course with efficiency and charm. That’s right, we’re talking about waiting staff. Waiters and waitresses have always played a big part in the experience of eating out. However, in big cities with high property prices, good ones can be hard to find, never mind pay.
According to a study, 82 percent of small businesses fail due to cash flow problems. A cash flow shortage occurs when more money is flowing out of the business than is flowing into it. During a cash flow shortage, you might not have enough capital to cover your payroll or other operating expenses. When there is no proper plan or strategy in place for handling cash flow shortage, a cash flow crisis occurs.
When you are part of the restaurant industry, catch phrases such as “low unemployment rate” and “revolving door” seem to find their way into any conversation involving hiring and retention. While these statements are indeed valid and supported by statistics, they don’t solve the underlying problem. Candidates are aware that every restaurant is competing for the next best employee.
Plant-based foods have staying power. That's just one of the findings in Grubhub's annual " Year in Food " report. To find out what food trends shaped the year (or didn't), Grubhub analyzed tens of millions of orders placed by more than 21 million diners on its platform to uncover the flavors and tastes rising up the ranks among today's diners.
Ever wondered where to splurge and where to safely conserve when it comes to operating and growing your restaurant? 🤔 Join James Kahler, COO of Full Course and industry visionary, in this new webinar where he'll talk all about best practices to invest in your restaurant's success! Whether you're a new business or an established restaurant, a seasoned pro or a rookie, you'll learn the keys to sustainable success in this competitive industry.
This edition of MRM News Bites features NCR, Bloom Intelligence, The American Food Association, The Dinex Group, Performance Food Group Company, Appetize and Restaurant365, Snackpass, PAR Technology, Net Element, Sensory, GRIF, Picnic and El Pollo Loco. NCR Acquires Zynstra. NCR Corporation acquired U.K.-based Zynstra, a provider of edge virtualization technology.
The food and beverage industry employed more than five million Americans in 2018, according to the United States Bureau of Labor Statistics (BLS). With such a significant portion of the American economy involved in food service, the business health of America’s restaurants can have a significant ripple effect. The BLS also notes that the job outlook for restaurant worker positions is “excellent because many workers leave the occupation each year, resulting in numerous job openings.&#
Opening a restaurant is a big undertaking full of risk. More than half of restaurants fail within the first year and more than 80 percent fail within five years. Poor planning is the root cause of most restaurant failures, but a solid business plan can help you navigate the difficulties that lead to failure and help set your restaurant up for success. .
Some things never change. People love to eat out and return when the experience is special. In fact, they love it so much that overall restaurant industry sales are projected to reach a record high of $863 billion in 2019. But as much as things stay the same, there’s just as much that’s changing — and disrupting — the restaurant industry as we’ve always known it.
Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System
Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.
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