Many people open restaurants based on their big dreams for sharing their food or their concept with others as well as to turn out a large profit. But as many as 60% of new restaurants that open up fail within the first year and a whopping 80% tank in less than five years, according to Business Insider.
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Are you a bar owner who is serious about creating a successful plan that you and your team can stick to? Too often bar owners and managers simply move away from the goals and objectives set forth. However, if your plan is well laid out with buy in from all levels of leadership and you remain steadfast, you will put yourself and your team on the path to success.
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- Kitchen Labor Schedules
Most operators use old methodologies and scheduling to determine labor needs. These approaches are flawed and ultimately hurt the bottom line due to inefficient use of excess labor.
FIX: Create preparation times for each menu item
Find the rest of the tips here: Here are Five Ways that Restaurant Operators Can Improve their Bottom Line and it Won’t Cost them a Cent
As beverage trends point towards better-for-you beverages, such as aguas frescas and signature chef-inspired lemonades, will guests still ask: “Can I get a refill?” Free Refills—Or Not?
With classic fountain sodas and their incredible margins, the answer has…Read the full article here:
By Emily Callaghan, Communications Manager
Any business operator can tell you that Yelp reviews can help or hurt, and since no one can please 100% of customers 100% of the time, restaurant owners can expect a less-than-glowing review at some point. In fact, negative reviews can even be seen as a positive…
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As the millennial generation begins to take over many dining rooms and kitchens, uniform trends are starting to change. read on: restaurant uniform trends
Have you noticed it is getting more expensive to eat out? Recently, many restaurants have raising their prices in an effort to protect themselves from soaring food costs. Whether it is the avocado shortage in California or the shrimp disease in southeast Asia, these events affect food prices across the world. It’s different for retailers to raise prices versus a restaurant. Read the full article here: http://www.synergyconsultants.com/restaurants-vs-retail-who-can-raise-prices/