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Restaurant Experts’ 2021 Outlook, Part Two

Modern Restaurant Management

Modern Restaurant Management (MRM) magazine asked restaurant industry experts for their opinions on what we can expect in 2021. And three, above all, we see the need for digital marketing automation continuing and growing into 2021 and beyond. In 2021, we will see a dip in customer satisfaction. Here are their responses.

Events 229
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2023 Outlook: Trends and Challenges Restaurants Will See, Part Two

Modern Restaurant Management

Reduce portion sizes slightly to maintain menu prices but account for increased costs. Don’t be afraid to increase price. Don’t be afraid to increase price. ” – Bob Patterson, founder and president of Patterson & Company Certified Public Accountants.

Pricing 193
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Who has the worst staff turnover? Restaurant Employee Turnover by City and State + Retention Playbook

7 Shifts

Back-of-House and Front-of-House. For restaurant employees added in the past year (August 2021-August 2022), the average employee tenure is just 110 days —a little over three months. Back-of-House and Front-of-House are an even split. Back-of-House and Front-of-House are an even split.

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The Great Shortage

EATER

They’ve raised prices, and their minimum is now higher than it used to be. As for raised ordering minimums, Walker attributes price hikes to increases in Baldor’s operating costs. I]n our business, you’re exposed daily to people you don’t know — especially front-of-house [employees].

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What It Cost to Keep Two Restaurants Open During the Pandemic Without Outdoor Dining or Delivery

EATER

He started March with about $50,000 in the restaurant bank accounts, something he says is rare because he’s spent so much money in the last few years on renovations and equipment replacement. “I And the profit margin on that $4,500 is less than half of what it used to be because Mark cut prices to compete with liquor stores.

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What It Cost to Keep Two Restaurants Open During the Pandemic Without Outdoor Dining or Delivery

EATER

He started March with about $50,000 in the restaurant bank accounts, something he says is rare because he’s spent so much money in the last few years on renovations and equipment replacement. “I And the profit margin on that $4,500 is less than half of what it used to be because Mark cut prices to compete with liquor stores.

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How to Set Up Online Ordering for Restaurants

7 Shifts

Here are the things you should consider: Things to Consider When Choosing an Online Ordering Platform Does it integrate with my Point of Sale (POS) Will I need to add another tablet to my front of house setup? Dine-in and off-premise are very different things, and it's a must to take into account.