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Being a business owner you must be aware that a repeat customer is better than a new customer. This is due to the reason that repeat customers tend to spend more money as compared to new customers. Therefore, if a business can retain its customers, it can easily boost the profits by 95%. However, for today’s businesses, retaining customers is not that easier.
Making decisions for your restaurant without business intelligence is like trying to run a sushi restaurant without fish — without it, you aren't going to stay open for very long. It's what separates the restaurants that survive from the restaurants that thrive. Restaurant business intelligence , or BI, “leverages software and services to transform data into actionable insights that inform an organization's strategic and tactical business decisions.
A few of the offerings at dirty soda shop Swig. | Swig. Soda spiked with cream and flavored syrup is growing in popularity thanks to Olivia Rodrigo Despite the anti-sugar fearmongering and our collective obsessions with wellness and hydration, there are still millions of Americans who, at some point every day, drink a soda. And a growing minority of those soda-drinkers are consuming “dirty sodas,” a concoction that’s trending on TikTok following more than a decade of obsession in Utah.
Business travel continues to increase after the challenges of recent years. Over the next six months alone, 84% of business travelers expect to go on at least one business trip to attend conferences, conventions, or trade showers, a new survey revealed Face-to-Face is Back A recent Quarterly Business Travel Tracker survey discovered business travelers will average 1.6 trips per month, which is only a slight decrease from the pre-pandemic number of 1.7 monthly business trips. “The return o
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.
With May fast approaching, it’s time to start thinking about Mother’s day at your restaurant. As you may know, Mother’s day is one of the busiest days for full-service restaurants, often resulting in huge crowds, long wait times, and an overwhelmed staff. If you aren’t prepared for the huge rush, customers may grow impatient, leave bad reviews, and be reluctant to return in the future.
Regulation crowdfunding allows people to directly lend to businesses they want to see grow — and earn profits from having done so When Reesa Kashuk was ready to take the next step toward growing her Bay Area bagel business, she knew that she’d need to raise some money. A former account manager at an advertising agency, Kashuk started making bagels under the moniker Poppy in 2018, but only pivoted careers during the pandemic.
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Regulation crowdfunding allows people to directly lend to businesses they want to see grow — and earn profits from having done so When Reesa Kashuk was ready to take the next step toward growing her Bay Area bagel business, she knew that she’d need to raise some money. A former account manager at an advertising agency, Kashuk started making bagels under the moniker Poppy in 2018, but only pivoted careers during the pandemic.
Business travel continues to increase after the challenges of recent years. Over the next six months alone, 84% of business travelers expect to go on at least one business trip to attend conferences, conventions, or trade showers, a new survey revealed . Face-to-Face is Back. A recent Quarterly Business Travel Tracker survey discovered business travelers will average 1.6 trips per month, which is only a slight decrease from the pre-pandemic number of 1.7 monthly business trips. “The return
Veganism is no more a fad. It is here to sustain, grow and be accepted on a larger scale. According to Sentient Media, nearly 10 percent of the U.S. population is vegan and 1.5 million people in the U.K. have turned to veganism. Following veganism is no more confined to the four walls of a house or merely changing everyday diet by adding fruits and vegetables.
Animal-free ice cream brand Brave Robot is one of many to advertise pints with more than a pint of product. | Brave Robot. Ice cream brands need to stop styling pints with literally twice the amount of ice cream Hey, look, I know the pint is a weird, confusing unit of measurement that complicates the the simple fact that we’re talking about 16 fluid ounces — and yet, I’ll accept it as “convention.
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.
San Francisco is no stranger to visitors, and The Dylan Hotel at SFO caters to every kind. On the edge of the busy city, The Dylan maintains a sanctuary of calm, with the property seeing guests from all walks of life; from business travelers, to holiday makers, to even those who require accommodation during medical treatments. The 58 room hotel has a number of appealing features, including its proximity to San Francisco International Airport and transport links into the city, tour options, and i
Artificial Intelligence or AI has infiltrated every aspect of our lives and the restaurant industry is no exception. It may seem difficult to imagine the restaurant industry with AI because it focuses on individuality and the human touch, but it is already a reality. We'll look at what artificial intelligence is and how it's being used in three different areas of the restaurant industry: back of the house, front of the house, and marketing.
Shutterstock. Libraries across the country are fighting food insecurity by offering communities free seeds and gardening education This story was originally published on Civil Eats. At the public library in Mystic, Connecticut, a card catalog that formerly stored book due dates now holds endless packets of seeds. There’s eggplant and kale, marigolds and zinnias; more than 90 different types of seeds available for anyone with a card to take home and plant.
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.
Can SMART technologies be applied to developing and emerging countries for tourism and hospitality purposes? Can SMART technology enable SMART people and SMART services? This is the core of the ‘Smart Host-Guest Relationship’ research project carried out by EHL Hospitality Business School and the American University of Beirut with the Lebanese startup Daskara app.
Five years ago, “virtual brands” was a term typically associated with fashion and apparel powerhouses such as Nike, Adidas, and Ralph Lauren—only a few optimistic entrepreneurs dreamed of bringing these digitally-native concepts to restaurants. Today, virtual brands are disrupting the foodservice industry, with celebrities, YouTube stars and influencers helping them go mainstream.
Eagle Harbor Lighthouse | Joe Sohm/Visions of America/Universal Images Group via Getty. Living in the UP has never been easy, but Yoopers (and visitors) have found comfort in delicious pasties and cudighis, fresh maple syrup and berries, and lots of fried fish On a map, Michigan’s Upper Peninsula perches on top of Wisconsin looking a bit like a rabbit, its ears jutting into Lake Superior, back legs kicking into Lake Huron.
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.
Amidst the pandemic crisis, hoteliers were forced to lay off workers to stay afloat. But as we progress from the pandemic, many hoteliers have decided to continue with a leaner operation (with fewer employees) and had to experience talent shortages as the tides have changed. A housekeeping management system can be used to resolve inefficient task execution, and poor team collaboration and make it easier for newer housekeepers to learn the job.
Cinco de Mayo is one of the biggest holidays of the year for bars and restaurants. It’s not on the level of Mother’s Day, Easter or Valentine’s Day, but it’s squarely in the tier below with Father’s Day. Maybe you’re like me and don’t plan ahead super well. Maybe you haven’t thought of any ways to celebrate Cinco de Mayo at your restaurant.
A lion is seen at the Izmir Natural Life Park. | Mehmet Emin Menguarslan/Anadolu Agency via Getty Images. An interview with the founder of Primeval Meats, a company that specializes in reproducing meat from wild animals Yilmaz Bora got the idea for his company, Primeval Foods, while watching an Eater video about Aska, a two-Michelin-starred Nordic restaurant in Brooklyn.
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Las estrategia de hora feliz en restaurantes y bares es una de las tácticas más probadas para atraer clientes y aumentar las ventas de los bares. La hora feliz suele ser específica para bares y pubs, y se crean para impulsar las ventas actuales y mejorar el negocio durante las horas bajas. Un programa de la hora feliz bien desarrollado puede marcar una diferencia significativa en sus ingresos, pero antes de lanzar la hora feliz en tu bar, recuerde que ofrecer descuentos asombrosos no beneficia
The concern for eating out is fading, however, almost one-third still have apprehensions about going to a restaurant, according to new research conducted by Provoke Insights provided exclusively to Modern Restaurant Management (MRM) magazine. The survey also found that consumers have altered their dining habits since the start of the pandemic. This includes one-fifth of diners who are overall eating out less.
The Omicron variant of COVID-19, which emerged in late 2021, illustrated how the travel, tourism and hospitality industry will likely remain at the mercy of the pandemic for some time.
Louiie Victa/Eater. In the whitest state in America, learning there’s no “right” way to eat lobster I grew up in a Gujarati family in Zimbabwe. As an immigrant, I’ve always struggled to feel at home in the U.S., but never more so than last year when my husband and I moved to Maine, the whitest state in the country. Mainers call people who aren’t born in the state “from away.
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.
The restaurant industry in the United States has seen steady growth in the past few decades. Even though the Covid-19 pandemic brought some challenges, the restaurant industry continues to flourish. . As per Statista, the U.S. quick service (QSR) industry’s output increased by over 50% since 2007 and reached more than 283 billion U.S. dollars in 2020 and is a leading contributor to the global restaurant market. .
While opinions may differ about the best type of sauce and style of barbecue across regions, there is one fact that is indisputable: the spirit of barbecue is about community. It’s about care, gathering, and enjoying the company of those around you. That is why community is a foundational pillar of Sonny’s BBQ and they have made it their mission to give back to those neighborhoods they serve through their ‘Q the Kindness programs.
Shutterstock. This Easter, the British baked good was everywhere There used to be a time, not that long ago, when a hot cross bun was a relative mystery or even a practical unknown to Americans. Much like Italian panettone during the winter holidays, the semi-sweet, single-serving bread seemed like something only members of the British Isles and the larger Commonwealth enjoyed during the Easter holidays, if it was acknowledged or recognized at all.
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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