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The pandemic has ravaged many businesses in the country and few industries were hit as hard as the restaurant industry. Thousands upon thousands of restaurants were forced to close for safety reasons, some permanently. Now more than ever, restaurant owners need to improve the way dining places are run to survive these uncertain times. Consumers and customers have changed their behavior due to the events of the previous year.
Employee theft is an unfortunate reality. Food, alcohol, and cash are common victims of theft—but business owners have to look beyond physical goods. Employee theft can be more hidden or even unintentional—with time theft. This occurs when employees are paid for the time they weren't scheduled or didn't actually work, and can come in a variety of forms.
He probably got the order WRONG because he’s a GUY | Shutterstock. Blame the company offering you cheap rates by underpaying its workers, not the underpaid workers *pinches bridge of nose* Look, everyone is still getting used to some new normals, one of which is the proliferation of grocery delivery services like Instacart. On the surface it seems great — someone else brings your groceries to you!
In today’s restaurant industry we’re seeing changes to tipping customs, which reflects shifting cultural attitudes… The post Legal truths about tipping appeared first on Open for 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.
While staffing has always topped the list of restaurant owner/manager pain points, it now seems to be at crisis proportions. And the situation isn’t likely to improve soon as more competition in the battle for talent is anticipated. According to the latest Yelp Economic Average (YEA) report, there were more new businesses openings than at any other period over the last 12 months and business reopenings are at the highest level since the second quarter of 2020.
Nearly 6 weeks after the American Rescue Plan was signed into law, the Restaurant Revitalization Fund is a reality. The fund sets aside $28.6 billion in grants for restaurants to use to cover everything from payroll to rent. The Small Business Administration has announced that grants will open on Monday, May 3 at noon EST. Restaurateurs and operators can begin the application process on Friday, April 30 at 9 AM EST.
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Hospitality Management Today brings together the best content for hospitality management professionals from the widest variety of industry thought leaders.
Just one year before the COVID pandemic, Vandy Vanderwarker, former chef de cuisine at The Ordinary, and restaurant heavyweight… The post How Charleston’s beloved restaurant Maison held strong during COVID appeared first on Open for Business.
With more states lifting restrictions for restaurants, and the vaccine becoming more ubiquitous, it seems like it’s finally time to welcome back customers to your establishment. But before you do, there are some steps that need to be taken to safeguard your interior dining areas. According to both the CDC and the National Restaurant Association , one major area they recommend restauranteurs should focus on improving prior to fully opening is their indoor air quality (IAQ).
Make sure your used food truck fits your brand. Thinking about starting a food truck business? Wondering if you should buy a new truck or a used truck? Buying a food truck is much like buying a car. It’s an important and expensive investment. What’s more, the food truck you choose is the standard bearer for your restaurant on wheels. In this article, we’re looking at used food trucks and what to look for before you buy a used food truck.
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.
While we remain in the grey area, the state of the restaurant and hospitality industry is particularly unknown. Is the hospitality industry growing? As the effects of COVID-19 subside, the industry is expected to continue growing as consumers increase spending on discretionary purchases, such as outdoor dining, outdoor events, and travel, including hotel stays.
At Founding Farmers—the farmer-owned concept with locations in Washington D.C., Montgomery County, MD, and Tysons,… The post 6 steps to a successful brunch service appeared first on Open for Business.
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.
Online food delivery has been a gamechanger in the restaurant industry. With the entry of giants such as Zomato and Swiggy, online ordering has had phenomenal growth. Gone are the days of ringing up your favourite pizza place or Chinese restaurant to place an order. Today, food delivery is all about real-time order tracking, stellar reviews, and a seamless customer experience.
Interest in the ghost kitchen model has ignited during the pandemic and in this episode of The Main Course host Barbara Castiglia learns about Nimbus, a hybrid between a traditional commissary kitchen and a ghost kitchen in a conversation with founders Camilla Opperman and Samantha Slager. Opperman explained the business. “We offer premium commercial kitchens for lease.
The impact of COVID-19 has shaken the UAE restaurant industry. While some of the restaurants are still recovering from the aftermath of the pandemic, others are looking forward to making fruitful use of what they already have. Restaurateurs are looking forward to optimize costs to boost profitability. They have been looking into their restaurant plans, strategy, and layouts to find out the loopholes in the business structure, facilities and services, and other operations where they can tighten u
Two weeks in a Korean quarantine facility took my sense of time, space, and rational thought — but never my appetite We’ve all experienced some form of isolation over the past year due to the COVID-19 pandemic — either sanctioned by the government or by personal choice. My most potent experience of solitude was a mix of both: 14 days quarantined in South Korea, per the country’s strict travel policies, after traveling from New York to my hometown in December 2020 to visit my parents for the firs
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 the advent of the pandemic, more and more restaurants have been looking for more feasible business models such as cloud kitchens. Government restrictions on in-house dining, steep rental costs, and high utility bills together make this business model extremely appealing. . Ghost Kitchens, often referred to as Cloud Kitchens or Virtual Restaurants are essentially restaurant establishments that don’t offer a seating area to customers.
South Florida is turning on the heat as vacant kitchens sizzle up with renowned restaurants, reigniting a restaurant-going experience. Spurred by favorable tax laws, tropical weather and relaxed COVID-19 restrictions, many have flocked to South Florida, relocating their families and businesses. As Miami becomes “Wall Street South” and an influx of tech moguls move to South Florida, restaurant operators are opening locations in Florida, following the migration of renowned restaurants
The UAE restaurant industry is facing a tricky recovery from the COVID-19 pandemic, the aftermath of which has revolutionized not only the way restaurants operate but also the eating patterns and habits of consumers. A recovering economy, saturated retail market, and introduction of VAT have made people price and health-conscious. Given the situation, the UAE restaurants that keep up with the following consumer trends can expect to stay afloat amidst the pandemic and recover smoothly in 2021. .
The chushkopek in action | Ashira Morris. The Bulgarian chushkopek (or “pepper roaster”) blackens vegetables for a smoky flavor no oven can achieve One of my first introductions to Bulgarian cooking was lyutenitsa, the country’s ubiquitous roasted red pepper and tomato spread, which is served at all times of day with everything from toast to rice to meat.
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The COVID-19 pandemic has forced thousands of traditional restaurants to transform themselves into order ahead restaurants; pre-pandemic, only 15 percent of restaurants offered curbside pickup; today, that’s up to 70 percent. But volume doesn’t translate to success—many restaurant chains have struggled to build an efficient curbside pickup system, and the ensuing results can be freely found on sites like TripAdvisor and app stores on Android and iOS: A year into the pandemic, w
In this episode of The Main Course host Barbara Castiglia speaks with Meatless Monday Campaign Director Dana Smith about how the campaign to encourage consumers to cut out meat one day a week can be beneficial to restaurants. Smith, who has a background in culinary marketing, oversees the program and day to day, working with partners, restaurants, chefs, and other stakeholders. “Our objective is to ensure that those eating on Monday have incredible, delicious options,” she said.
Shutterstock. Unvaccinated people should still wear masks, as should everyone if eating indoors The Centers for Disease Control updated its guidance on socializing and safely engaging in other activities during the pandemic, including new information on best practices at restaurants. Now, if you’ve been fully vaccinated, the CDC has deemed it safe for you to “dine at an outdoor restaurant with friends from multiple households” without wearing a mask.
Dry mein at Sam Sato’s | Photo by Bill Addison. Where to eat and drink in one of the most beautiful places on earth Everything you’ve heard about Maui’s radical beauty is true: the undulation of the mountains and the lowlands, the cream-toned beaches that yield seamlessly to sea and sky, the volcanic rocks slicing through the million shades of green.
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.
Gary He/Eater. Saru Jayamaran says workers are “being asked to do so much more for so much less” As restaurants around the country rush to staff up to meet the increased demand from customers, owners are finding it increasingly difficult to fill all their open roles. One factor is simply the onslaught of new positions. But workers’ rights advocate Saru Jayamaran says many workers are exiting an industry that is asking them to do so much more for so much less.
Jeff Zalaznick, Rich Torrisi, and Mario Carbone at ZZ’s Sushi Bar | Seth Browarnik/WorldRedEye.com. The pandemic didn’t stop the New York City-based restaurant group from opening new locations of Carbone, Sadelle’s, Parm, and more For restaurants, 2021 has brought some degree of hope. As workers — and diners — get vaccinated, restaurant dining rooms are beginning to more closely resemble pre-pandemic scenes.
Shutterstock. Even when it’s an ingredient, wine is first and foremost something to drink This post originally appeared in the April 26, 2021 edition of The Move , a place for Eater’s editors to reveal their recommendations and pro dining tips — sometimes thoughtful, sometimes weird, but always someone’s go-to move. Subscribe now. In the year I spent working at a wine shop in New York, there was probably one person per week who would come in and ask for a “cheap bottle of wine just for cooking w
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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