Spring is definitely patio season. That means restaurants get to significantly increase their seating capacity…and therefore their ability to generate revenue. Imagine if a hotel in were able to go from 120 rooms to 190 rooms just as demand for those rooms spiked, say for graduation or a major sporting championship. Wall Street would call […]
By the time COVID struck in 2019, consumers were already drawing a black line between dining for experience and just eating. Full-service, chef-driven concepts were already losing favor as demand for convenience and speed continued to grow. Cooking meals through a recipe from raw ingredients had already taken third place as cost and quality were
Welcome to 2024. The year began with more minimum wage increases across the country and the elimination of tip credits in more states. With these wage increases we also see increases in payroll taxes. Overall labor costs that should be hovering in the mid thirty percent range are quickly moving to ten percentage points higher.
Once upon a time, you created and launched your new restaurant. Maybe it was 2005… or just 2015… or maybe you inherited your parent’s restaurant that they created in 1985. Maybe it was sexy or maybe you were the first ones serving fresh pasta…or maybe you were the first to offer health insurance to servers.
Over the last 3 years restaurants have seen a rapid increase in solo diners. Open Table reports over a 110% increase in single person reservations making it one of the largest and fastest growing dining segments in the US. There are many theories about why more and more people are dining alone, but the most
The first quarter of the year can be a challenging period for restaurants, often characterized by a lull in customer traffic and reduced sales. Factors like post-holiday spending fatigue, harsh weather conditions, and New Year’s resolutions to save money or eat healthier contribute to this slump. However, there are proactive measures that restaurants can take
The Fall Classic is a perfect cocktail to serve when hosting for the holidays, bursting with the warm flavors of the season. Martinelli’s Sparkling Cider was a staple of our family holiday gatherings, served at the kid’s table while the grown-ups sipped Champagne. Named for our love of baseball, this easy-drinking crowd-pleaser can be sized
The restaurant world is high steaks and boils down to one thing – location, location, location! The success of a restaurant is like the punchline to a good joke; it depends on where you tell it. You see, choosing the right spot for your restaurant is as essential as having a secret sauce. One of
“I’m too busy to make more money.” No restauranteur has ever said that, right? WRONG. Every year restauranteurs approach the period from Black Friday to New Year’s Day thinking they will be so busy they can’t possibly accommodate everyone. They limit the number of private events, they limit the number of reservations, and they limit
As a restaurant owner or general manager, you know that labor costs can be one of the most significant expenses in the food service industry. Maintaining high standards while keeping labor costs under control is crucial for any successful business. Fortunately, there are various strategies you can implement that will help you keep labor costs