Concept Development

Restaurant Business Plan: A Comprehensive Guide to Attract the Investors You Need

Consulting, General, Hospitality Consulting / By

In plain and simple terms, a restaurant business plan is a written document that outlines your restaurant’s goals and the means of achieving those goals while defeating potential challenges. It describes the nature of your business, background information, financial projections, and organizational techniques to govern your restaurant’s daily operations. A restaurant business plan is a […]

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An Emerging Hybrid Restaurant Solution For Challenging Times

Consulting, General, Leadership, Random Stuff / By

The COVID-19 pandemic has disrupted many industries, especially restaurants. As lockdown rules keep changing, many restaurants are unable to stay open. Others are forced to switch their model to only takeout and delivery. If you have a restaurant, you might want to consider a creative alternative —transforming your restaurant into a food truck. Why This

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A Restaurant Consulting Firm Can Help Both Landlords and Their Tenants

Consulting, Hospitality Consulting, Leadership / By

Despite the troubles the global food industry is facing, restaurant tenants still have to pay rent. An NYC Hospitality Alliance Survey revealed that seventy-one percent of landlords would not waive portions of rent and that ninety percent of them would not formally renegotiate leases. Although landlords are aware of their restaurant tenants’ predicament, they still

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How Landlords Can Protect Restaurant Rent Revenue

Consulting, General, Hospitality Consulting / By

Commercial landlords renting a restaurant space should know that every restaurant lease is unique. There is a balance to be struck between the square feet, the amenities, and the restaurant’s ability to cover rent with their revenue. For the landlord, bringing in a restaurant lease can be extremely lucrative, but it’s also a risk to

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Opening A New Restaurant…NOW?!?

Consulting, Leadership / By

It’s the end of the 2020 Summer and COVID-19 is still running wild. Elections are on the horizon and, regardless of your political bent, moving left or right carries downsides that don’t quite feel great for the country as a whole. The only constant is uncertainty and restaurants continue to suffer mercilessly with no end in sight until a vaccine is imminent (no easy or automatic task) or herd immunity runs its course. So why on earth would it be a great time to START a restaurant?

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