Can you imagine going to any new place without a map? For your restaurant, a business plan is synonymous with a map. Whether it is to show to a potential investor or is even for yourself, developing this plan will put you on a researched and well-thought-out path. Writing a business plan is not optional, […]
How Much Does a Coffee Shop Owner Make
Over 50% of Americans (over 18) drink coffee every single day. To give you a better perspective, that is roughly 150 Million people drinking coffee everyday. The average drinker consumes roughly 2.7 cups each day, which means almost 405 million cups of coffee are consumed each day! With this kind of demand, it is not […]
Celebrity Owned Restaurants (And How Much Money They Make)
Restaurant and entertainment – both are incredibly challenging businesses, especially if you want lasting success within those industries. It’s easy to think that if you can succeed in the entertainment industry, the restaurant industry would be a piece of cake, all you have to do is invite your friend over, and you have the number […]
Coaching and Training Resources for Restaurants
Coaches are a great partner for your restaurant, both in good or bad times. They help you find your vision, develop new ideas with you, and help you build skills to implement your ideas. When you need a long-term solution, they are like the perfect doctor in helping prescribe a much-needed treatment for your restaurant. […]
Top Restaurant Trends of 2020 (COVID Edition)
The restaurant industry is continuously evolving. There are several trends and changes that contribute to this continuous evolution. Trends in the restaurant industry appear as fast as they disappear. Changes stick around and become embedded in the industry. For instance, rainbow bagels, extreme milkshakes, and rolled ice-creams were trends. They helped us gain some extra […]
Ways to Motivate Servers and Increase Restaurant Sales
Open any restaurant management book or a business book – most of them talk about the same old ways to motivate the servers—Wall of fame, monetary incentives, and a few more. You already know how this dated list could look. Isn’t it time we come up with some new ways to motivate our wait staff […]
Restaurant Pre-Shift Meeting Ideas to Grow Profits
Ever wonder how pre-shift meetings can help you grow your restaurant profits? Well look no further, this article answers that pressing question. Pre-shift or pep-talks are industry agnostic. Flight crews, health practitioners, game teams – they all do it. If everyone is doing it, it must have some benefits, right? In this case, absolutely! Now […]
Prepare Your Restaurant for a Financial Recession
A recession is always right around the corner, so preparing for unsettling times before they occur is the key to weathering the recession storm. It seems that we are currently on the cusp of challenging economic times, with the socializing restrictions still in place, “everyone is a cook on Instagram” trend, and economic lines flatlining […]
Restaurant Merchandise: Sell More Branded Products
Do you remember when KFC came out with fried chicken sunscreen? Or when Burger King came out with burger flavored toothpaste? And the best one so far, when Domino’s came out with adult onesies. No, this isn’t a fast-food chain specific, we often also buy swag from our favorite restaurants and bars too. Some of […]
Rich and Famous Restaurateurs You Should Know About
A very inspiring characteristic of the restaurant industry is that in one way or the other you have to be self-made. Whether you inherit a whole restaurant empire or start your business from within the dish pit washing dishes, there are no shortcuts in the restaurant business. You need to slog those endless hours in […]
