Whether in the form of a sandwich tray from the local deli or a full banquet from an upscale steakhouse, more and more consumers are looking for catering options from their favorite restaurants. But it’s not just a matter of giving customers more ways to eat your food. Offering catering can seriously benefit your bottom
How do you know when it’s the right time to remodel your restaurant? It’s always a tough call when every penny and meal service really matters. How do you know that you’ll get back what you put into making changes? And what changes will actually have the best return on investment? Although traditional remodels are
The cost of doing business is always fluctuating — and that has never been truer for the restaurant industry than now with changes going into effect that impact restaurateurs directly. This week, we look at a few recent or impending cost increases affecting your bottom line, and what you can do to offset their effects.
As a restaurateur, you spend a lot of time trying to anticipate the next big consumer trend and how your business can capitalize on it. Most often, these changing tastes deal with new flavors, original preparations, and innovative presentations. Each change in what the customer sees and tastes, however, can have major effects on your
Once you know what a merchant cash advance is, the next question to pop into your head could be “What can I use a merchant cash advance for?” With so many possibilities, it could seem daunting to make plans to use this cash infusion for your restaurant. This series will help you focus on aspects of your
Once you know what a merchant cash advance is, the next question to pop into your head could be “What can I use a merchant cash advance for?” With so many possibilities, it could seem daunting to make plans to use this cash infusion for your restaurant. This series will help you focus on aspects
As any business owner can tell you, sometimes you just need a little bit of extra cash to make improvements or satisfy business expenses. The question of where to get that cash, however, is a little more complicated. Between small business loans from a bank or other lender, fast cash programs, and merchant cash advance
In few other industries does business ebb and flow as dramatically as with a restaurant, but that doesn’t mean you have to put your plans on hold during the slow season. Below, we offer four tips for managing your restaurant’s cash flow year-round to help you make the most of every dollar earned — and
Another Virginia Beach, Va., restaurant gem has crystallized in the form of Salt, a restaurant well known for its upscale Pacific cuisine and its strong ties to the local community. Salt’s owner, Daniel Kealiinohomoku, started transforming the business when he bought out his former partner in November 2014. “It was the right time,” said Daniel.
The food service sector is a dynamic and sometimes volatile business sector. Restaurants are on the front lines of the service sector and are more susceptible to consumer trends and demands than other industries. To be successful in the food service industry, it is essential to respond quickly to the market shifts and invest in