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Food service suppliers have been scrambling to keep pace with fluctuating demand in a supply chain that has been anything but predictable since 2020. Total restaurant industry sales in the U.S. hit an all-time low of $30 billion in April 2020. Since then, sales have fluctuated in response to surges of COVID-19 cases, climbing up to $72 billion in August 2021.
How does an extra day off every other week sound? Not only is it possible — it's popular. It's called the 9/80 work schedule , and it rewards employees with an additional, full day off from work in exchange for working slightly longer shifts without affecting full-time status. So, what exactly is the 9/80 schedule, what are its benefits, and how can it work in your restaurant?
Sustainability is a major issue as people are becoming more and more concerned about how we use natural resources and protect the environment for future generations. For those in the hospitality industry looking for ways to incorporate sustainable practices in their company, the five blogs listed below provide relevant information on how to accomplish the goal of promoting a better environment.
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.
Since the day man first cooked over fire, food production has been associated with the burning of carbon-based materials, and so the release of carbon dioxide gas. It is increasingly understood today that each carbon dioxide molecule released holds onto heat energy in the atmosphere. Awareness of this link between carbon emissions and the effects of climate change, caused by global warming, has grown.
When you think about issues that arise in your restaurant that could cost you significant amounts of money, what first comes to mind? If you're like most restaurateurs it's things like theft (both time and material), lawsuits, spoilage, or staff turnover. But, what if we told you, all of those issues pale in comparison to the potential damage that data breaches could cost your restaurant?
So passé. | Shutterstock. Chefs say they’re ditching avocado because it’s unsustainable. Or maybe it’s trend is just over. In 2008, in my senior year of college, a friend and I decided to make brunch. We schleped the extra mile to Whole Foods, where we bought organic eggs, crusty bread, and thick-cut bison bacon, all to craft some sort of open-faced sandwich with.
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So passé. | Shutterstock. Chefs say they’re ditching avocado because it’s unsustainable. Or maybe it’s trend is just over. In 2008, in my senior year of college, a friend and I decided to make brunch. We schleped the extra mile to Whole Foods, where we bought organic eggs, crusty bread, and thick-cut bison bacon, all to craft some sort of open-faced sandwich with.
An efficient restaurant kitchen design should be high on your priority list whether you’re opening a new restaurant, expanding an existing one, or remodelling an existing one. . The success of a restaurant kitchen design is defined by careful planning. Commercial kitchens with sophisticated layouts, containing all of the restaurant equipment that chefs want in the exact location that they require it, are critical to a restaurant’s success.
If you're struggling to staff your restaurants, know that your operation isn't alone. The U.S. is facing a critical labor shortage, particularly hourly restaurant and hospitality workers. "The Great Resignation" that ramped up over the summer saw more than 706,000 food service workers leave their jobs in restaurants, dining facilities, bars, and hotels during May alone.
Sustainability is a major issue as people are becoming more and more concerned about how we use natural resources and protect the environment for future generations. For those in the hospitality industry looking for ways to incorporate sustainable practices in their company, the five blogs listed below provide relevant information on how to accomplish the goal of promoting a better environment.
Celeste Noche/Eater. Finally, a pumpkin dessert that isn’t dominated by spices — or, for that matter, pumpkin I was on the hunt for canned pumpkin puree, and so far, it was not going well. After finding the shelf at my go-to grocery store completely cleared of the familiar orange cans, I drove across the street to another major grocer — and again, no luck.
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.
The restaurant industry has undergone a massive upheaval as a result of the pandemic. As consumer options and demand shifted, businesses were forced to adapt and prioritize new technologies and alternate ordering experiences that would allow them to deliver on customer expectations. Adopting a digital-first environment quickly became a priority and mobile technology is playing an integral role.
BETHESDA, Maryland—Aloft Hotels, the brand for music enthusiasts and tech-savvy travelers part of Marriott Bonvoy’s portfolio of 30 brands, announces a rebooted breakfast concept at over 150 hotels across North America, beginning this November with a full rollout by January 2022. Driven by recent insights gathered by Aloft Hotels from guests and hotel owners, the new breakfast concept is designed to meet the needs of today’s travelers, complete with plant-based menu items and more on-the-go [
Al Roker during a “Today” segment in 2000. | Nathan Congleton/NBC/NBCU Photo Bank via Getty Images. The legendary weatherman and “Today” host enlists top chefs like Sohla El-Waylly, Sean Sherman, and Marcus Samuelsson to share their takes on Thanksgiving classics When he was first approached to record a podcast centered around holiday cooking, longtime Today weatherman Al Roker had some doubts.
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.
Influencer marketing is proving to be indispensable for restaurant marketing in the new normal. Using a combination of alluring photos and videos of food, influencers work their magic to get their audiences to try out an outlet. Food influencers are thus the bridge between the restaurants and customers, making a variety of dining experiences accessible to the audience.
On Thursday November 4, 2021, the Department of Labor’s Occupational Safety and Health Administration (OSHA) announced a new Emergency Temporary Standard (ETS) that requires employers with 100 or more employees to ensure that each of their employees is either (i) fully vaccinated, or (ii) tests negative for COVID-19 on at least a weekly basis.
If you´re reading this, chances are you´re looking for ways to improve your hotel´s operational performance – and you are unsure what actions to take and which tasks to prioritize. And understandably so, since creating a successful hotel business is anything but a straightforward – cookie-cutter process, and success definitely doesn’t come overnight… It requires careful planning, prioritization and dedication to achieve great results for a hotel.
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.
Opening a restaurant can be challenging. From inventory to alcohol, and live music to TV installation, for every little operation, you need to think about whether it is allowed by the government or not. Therefore, you need to familiarize yourself with the different restaurant licenses required to open a restaurant in the UK and how to obtain them. .
In order for restaurant owners to receive the biggest financial and tax benefits, it is important to evaluate individualized goals and decide what works best for your business. Working with an accountant familiar with the restaurant industry can be a crucial step in ensuring your restaurant survives COVID and is equipped to withstand any future crisis.
MRM's Franchise Feed provides the latest news in restaurant and MUFSO franchising. Subway Expanding in India, Sri Lanka and Bangladesh. Subway® announced significant expansion in India, Sri Lanka and Bangladesh, as the company signed a master franchise agreement with Everstone Group (Everstone), a South Asia focused leading private investment firm.
The high turnover common in the restaurant industry has only accelerated in the last nine months. During the initial months of the COVID-19 pandemic, many restaurant brands saw business dip, and had to lay off or reduce hours for their employees. Long-time food and hospitality employees left the industry, choosing to look for positions that had more consistent hours or less potential for COVID exposure.
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.
Everybody calm down, some slices — especially in Brazil — just require it Despite living most of my life in the U.S., I grew up in a deeply Brazilian household. Along with greeting everyone with a kiss on the cheek, binging novelas with my grandmother, and wearing only white on New Year’s Eve, that meant we ate nearly everything — even the occasional cheeseburger — with a fork and knife.
“How Steven Wong Moves 80,000 Pounds of Lobster a Week” marks Eater’s fourth Emmy win Eater brought home another New York Emmy with a win at the 64th annual New York Emmy Awards. “How Steven Wong Moves 80,000 Pounds of Lobster a Week” took the top prize in the Informational/Instructional Long Form Content category (beating out, among other nominees, two other Eater videos in the category).
Payroll optimization can be one of the most time-consuming and complex factors of small business management. Yet, organizations that crack the code on streamlining employee compensation often discover innovative avenues for growth. With the right strategies in place, outsourcing and streamlining payroll processes can result in substantial time and resource savings.
Jeffrey Greenberg/Education Images/Universal Images Group via Getty Images. Spices are just as essential to well-being as cans of beans or pasta The pandemic has led to a proliferation of mutual aid food banks and free fridges around the country — fridges and pantries where people can drop off food for others to pick up and use, no questions asked. Earlier this year, a screenshot from Facebook user Eric McCool, “sharing wisdom from a food bank volunteer,” made the rounds on Twitter.
Getty Images/Diana Miller. Making the holiday-appropriate dessert is a boozy two-month process that you need to begin right now For most of us, this time of year is all about autumn and the beauty of the harvest season. There are overly ambitious Halloween costumes to be dreamed up and then abandoned, apple picking to be done for whatever reason, orange and yellow leaves to be peeped.
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.
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