Sat.Jul 31, 2021 - Fri.Aug 06, 2021

article thumbnail

What to Know About PPP Forgiveness Before Applying Through the SBA Portal

Modern Restaurant Management

The Paycheck Protection Program (PPP) program provided the relief many companies needed to stabilize their financial position and see them through the pandemic-created economic crisis. The capital was intended to help business owners pay employees, pay outstanding rent and other bills, and invest in reopening and getting back to business. The PPP program offered 5-year loans carrying a 1% interest rate making it some of the lowest cost financing small businesses were able to find.

216
216
article thumbnail

Restaurant Forecasting: How To, Formulas, Methods, and More

7 Shifts

Staff scheduling, inventory management, menu analysis , guest satisfaction, profitability, and so much more rest on the shoulders of accurate restaurant forecasting. Faultless restaurant forecasts, however, are dependent on navigating predictable trends like holidays and seasonality alongside unpredictable ones such as weather and major world events.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Restaurants Requiring Vaccinations Isn’t Controversial, It’s Hospitable

The Restaurant Manifesto

Protecting the welfare of our guests is a fundamental responsibility of the service industry. The post Restaurants Requiring Vaccinations Isn’t Controversial, It’s Hospitable appeared first on The Restaurant Manifesto.

136
136
article thumbnail

How Edible Cannabis Went From ‘Mulchy’ Brownies to a Booming Industry

EATER

Bloomberg via Getty Images. On this episode of Gastropod , hosts Cynthia Graber and Nicola Twilley explore THC’s growing role in how and what we eat In July, Eater editor-in-chief Amanda Kludt announced our exciting new collaboration with Gastropod , the award-winning and endlessly informative podcast about the science and history of food. Today we release the first fruit — or bud?

article thumbnail

Planning Your Restaurant's Path to Profitability

Speaker: James Kahler, COO of Full Course

Ever wondered where to splurge and where to safely conserve when it comes to operating and growing your restaurant? 🤔 Join James Kahler, COO of Full Course and industry visionary, in this new webinar where he'll talk all about best practices to invest in your restaurant's success! Whether you're a new business or an established restaurant, a seasoned pro or a rookie, you'll learn the keys to sustainable success in this competitive industry.

article thumbnail

Restaurants Pivot to the new ‘Post-COVID’ Consumer Behavior Patterns

Modern Restaurant Management

The restaurant industry took the brunt of the pandemic’s economic and societal impact and is now being asked to respond to the permanently changed consumer landscape. As the world grapples with the next wave of COVID-19, businesses are confronted with product and labor shortages, a sudden increase in ecommerce and a variety of shifting consumption patterns.

More Trending

article thumbnail

POSist Empowers Food Quest LLC to Streamline Performance Reporting and Operations Management

The Restaurant Times

As a master franchise investor and operator, Food Quest has made a name for itself among the leading international F&B brands across MENA. The brands currently under its management include Gourmet Burger Kitchen (GBK) and its homegrown brand EETEN. Food Quest also provides management support to Advance Investment LLC for the Denny’s Middle East Master Franchise.

69
article thumbnail

The Delta Variant Means Restaurants Aren’t Giving Up Their Pandemic Business Models Just Yet

EATER

Molly J. Smith / EPDX. Although Oregon restaurants can serve customers inside without mask or vaccine requirements, some Portland food businesses have decided to stick to takeout and outdoor dining, hoping the delta variant begins to subside [link].

110
110
article thumbnail

Returning to Restaurant Expansion

Modern Restaurant Management

If you’re operating a thriving restaurant business on the other side of the pandemic, that might mean you have a concept with legs to expand beyond your current location(s). Consider that around 60 percent of new restaurants fail within the first year. And nearly 80 percent shutter before their fifth anniversary. There is good reason to be optimistic about restarting restaurant expansion: restaurant sales continue to set records, the federal stimulus has added billions of dollars to compan

Training 212
article thumbnail

What does a Hotel Manager do?

EHL Insights

Hotel operations, strategy, human resources, marketing, finance - a hotel manager’s remit is as diverse as it is challenging. If you want to be a hotel manager, you will need excellent people skills and a calm, trustworthy, professional demeanor. This multi-faceted role demands leadership abilities, communication prowess and a good eye for numbers and emerging trends.

article thumbnail

Top 5 Ways to Optimize Your Loyalty Strategy

Speaker: Lauren Barash, Vice President, Brand Marketing

In an ever-evolving industry, building and retaining loyal customers is critical to the success of any restaurant business. Join Lauren Barash, VP of Brand Marketing at Full Course, as she delves into the world of restaurant loyalty programs, and reveals the top five essential strategies to optimize your approach! This webinar will explore: Loyalty trends and what you should be focusing on 📊 Actionable insights and ideas to help you develop the most powerful and effective loyalty program

article thumbnail

A Brief Guide To Turnkey Agreement!

Winter Truffle Hospitality

The Turnkey Project agreement could a little complex to understand for the players who are new in the market. Keeping that in mind, we have created this article, where we will be your professional Turnkey Restaurant and Cafe Consultant, giving out tips on the core areas of turnkey agreement. What’s a Turnkey Agreement? In very simple words, Turnkey Agreement is performed when two parties agree upon something.

article thumbnail

The Best Canned Wines to Drink on Those Particularly Warm Days

EATER

From a peachy piquette to spritz-style rosé, these are the cans you should reach for It’s summer in North America — the temperatures are high, and with them, the need for refreshment (with alcohol). Alongside the hazy ales and myriad hard seltzers, you may have noticed an influx of refreshing wine cans in your local grocer’s refrigeration station, candy-colored Easter eggs of vinous refreshment just waiting for you to pop the tab.

Marketing 106
article thumbnail

Simple Tips for Delivering Exceptional Post-Pandemic Customer Experience

Modern Restaurant Management

As we return to in-person dining across the country, restaurants are facing yet another challenge: delivering an exceptional customer experience (CX) for guests who come with high expectations after more than a year stuck at home. Not only is there a ripe opportunity to attract formerly takeout-only customers for in-person dining, but an opportunity to enhance customer experience for all customers and differentiate from the competition.

article thumbnail

7 Estrategias efectivas para mejorar el servicio de su restaurante y brindar una experiencia estelar a los huéspedes

The Restaurant Times

Todos los clientes tienen expectativas preconcebidas del restaurante antes de visitarlo. Tanto la comida como el servicio son esenciales para brindar un excelente servicio de restaurante a sus valiosos clientes. Los propietarios, gerentes y empleados del restaurante comparten la responsabilidad de garantizar que los clientes sean tratados con profesionalidad.

article thumbnail

Win More in 2024: Your Guide to Restaurant Marketing Success

Your Guide to Restaurant Marketing Success Start maximizing ROI and doing more with less with Olo’s ultimate guide to restaurant marketing. In this guide: Strategies to level up in 4 key areas: data, audiences, content distribution, and loyalty Interactive checklists to help you track your progress throughout the year Tips for leveraging guest data across your entire business What you’ll learn: Level 1 | Beginner: Learn how to collect guest data, build a healthy subscriber list, launch personali

article thumbnail

Hotel Asset Management Services: A Help For Hotels Amid Covid-19 Post Reopening

Winter Truffle Hospitality

The Turnkey Project agreement could a little complex to understand for the players who are new in the market. Keeping that in mind, we have created this article, where we will be your professional Turnkey Restaurant and Cafe Consultant, giving out tips on the core areas of turnkey agreement. Covid-19 has brought about a major change in every industry out there.

article thumbnail

TikTok’s ‘Corn Ribs’ Are Infiltrating Restaurant Menus Everywhere and I Just Don’t Get It

EATER

IriGri /Shutterstock. Surely there are better, easier ways to eat corn As an Old who is not on TikTok, the first time I saw corn ribs was on a favorite restaurant’s Instagram page a couple weeks ago, introducing its grilled corn ribs as its “newest drinking snack.” Just days later, another ‘gram entered my feed from a restaurant describing its corn ribs roasted in black garlic butter and topped with cheese as a true “summer banger.

100
100
article thumbnail

How Your Restaurant Can Tackle the Employee Shortage

Modern Restaurant Management

The employee shortage might be temporary, but there are ways that your business can attract talent now and retain a competitive advantage in the future. There are more jobs than ever before, yet restaurants are struggling to attract employees. The number of workers quitting their jobs in April reached new highs of four million, with 5.6% of restaurant workers quitting their jobs.

Pricing 206
article thumbnail

7 consejos esenciales de diseño de sitios web de restaurantes para crear un sitio web estelar

The Restaurant Times

La experiencia del cliente comienza mucho antes de que los clientes entren por la puerta principal de su restaurante. Hoy en día, los clientes a menudo comienzan a buscar su restaurante en línea y llegan a su sitio web. El sitio web de su restaurante es el rostro de su marca, ya que forma las primeras impresiones y desempeña un papel esencial en el éxito de su negocio.

52
article thumbnail

Unlock Restaurant Success: Mastering 7 Vital Employment Laws

As a restaurant leader, your plate is full with responsibilities, from staff management to serving up delicious dishes. But amidst the hustle, there's a crucial area you can't afford to overlook – employment laws. In this comprehensive eBook, we'll unveil the seven essential employment laws every restaurant leader must master. We'll break down the intricacies of each law, showing you how it directly impacts your business.

article thumbnail

The Brief Basics of Turnkey Project

Winter Truffle Hospitality

In today’s article, we will take a look at the essentials of the turnkey projects in the briefest yet informative manner. This content will be a good starting point for you, and from here, you will have various Turnkey Project Consultants for Hotels and Resorts Set Up to refer to. Let’s begin now! What’s a Turnkey Project? Let’s keep it simple for you!

Article 52
article thumbnail

How a 115-Year-Old New Orleans Institution Makes Oysters Rockefeller 

EATER

Galatoire’s is known for its exceptional seafood dishes and having one of the most iconic dining rooms in the country Galatoire’s is an institution in New Orleans, known for its fresh seafood dishes, classic Creole flavors, and creative takes on breakfast for dinner. “This is one of the most famous dining rooms in all of New Orleans right there,” says executive chef Phillip Lopez.

98
article thumbnail

Wildfire Season: How Restaurants Can Better Protect Themselves

Modern Restaurant Management

Starting in August , more than 9,000 wildfires burn in the U.S., on average, causing nearly two million acres of damage, which includes residential and business structures. Across the country, the most damaging wildfire seasons have been in recent years, including 2017, 2018, and 2020, accounting for 62% of the structures lost over the last 15 years.

article thumbnail

The Top Restaurant KPIs Every Manager Should Measure

Eat Restaurant Management

The restaurant industry is one of the most competitive businesses out there. According to the National Restaurant Association , the US alone has over 1 million restaurants. To succeed in an industry where competition is high, the margin is tight, and 60% of businesses don’t make it past the one-year mark, regular performance tracking is essential. The continuous assessment of a restaurant’s Key Performance Indicators (KPIs) allows owners to have a comprehensive understanding of current operation

52
article thumbnail

Brick & Mortar Retail Relevance: How to Stay Ahead of the Curve

Speaker: Jay Black, Senior Account Executive

Let's set the record straight: in-store retail isn't dead - it's evolving! Faced with the digital age and the demands of omnichannel shopping, some retailers are thriving while others are struggling to adapt. Join Jay Black in this exclusive session as he explores the strategies that set successful stores apart, including: Crafting unique and unforgettable in-store experiences 🛍️ Mastering the art of retail demands 🛒 Navigating inventory challenges in today's climate 📦 an

article thumbnail

The 11 Employee Scheduling Best Practices + Tips for Restaurants

7 Shifts

Employee scheduling for your restaurant can be the most stressful part of your job. After tracking sales, calculating inventory, and just trying to keep your head above water, restaurant scheduling can take up a chunk out of your week. Plus, that schedule almost rarely ends up going as planned. Problems often arise in your schedule, from your head chef calling out sick to the unexpected influx of customers on a Tuesday afternoon.

article thumbnail

How to Hack the Frozen Dumplings in Your Freezer

EATER

Dumplings cooked in milk are one of the easiest ways to jazz up frozen dumplings. | James Park. Pan frying, steaming, and boiling are just the beginning The first thing I see when I open my freezer is a stack of frozen dumplings. Whether they’re round and filled with kimchi or square and stuffed with chives, they always come in handy when I want to eat well with no effort.

98
article thumbnail

Engage Your Team and You’ll Engage Your Customers

Modern Restaurant Management

This adapted from " Manage to Engage. How Great Managers Achieve Remarkable Results. " We all know we feel valued when others make us feel valued. And in the restaurant business, particularly coming out of a pandemic, it can be tough from both sides – enabling the boss to help people feel valued and engaging teams to feel valuable. We also know there are a lot of people working who just don’t enjoy it – they are far from feeling valued at work, or in corporate speak, th

Training 197
article thumbnail

Why Your Restaurant Needs A Mobile POS System

The Restaurant Times

A mobile POS or an mPOS (mobile point-of-sale) system is any internet-enabled smartphone or a tablet dedicated to performing the functions of an electronic point-of-sale terminal. . For the vast F&B market in the UAE, mobile POS systems are an asset. Whether it’s delivery and takeaway or dine-in services for food and beverages, the fast-paced environment of the restaurant industry demands speed and portability.

article thumbnail

Diving into Diversity: Decoding the Foundations of Inclusion in Hospitality Talent Acquisition

Speaker: Lauren Fernandez - CEO & Founder, Full Course

Companies all over the world, including Marriot International and Hilton Worldwide, are aware of the value of including DEI in their talent acquisition strategy. However, despite these initiatives, there is still plenty that the hospitality sector can do to promote DEI. When comparing the hospitality industries in India, Iraq, the UK, and the US, you will see that there is a consistent underrepresentation of persons from different ethnic, gender, and disability origins across all levels of the i