The two sides of our consulting business: launching new concepts and fixing/improving existing concepts. These have given us a unique perspective on what makes restaurants successful …or not. It’s widely known, or at least surmised, that the restaurant business is risky…too risky for most. What makes them so? Is it cost of goods? Not really. […]
Why Restaurants Should Outsource Management Read More »
Everyone knew that the pandemic would change people; the way they shop, eat, and live their lives, but we didn’t know how. Finally, all the opinion surveys and all the data collection are starting to give us enough information to plot a path forward. The people have spoken and what they said is “We want
Happy New Year: 2022 Restaurant Trends Read More »
In plain and simple terms, a restaurant business plan is a written document that outlines your restaurant’s goals and the means of achieving those goals while defeating potential challenges. It describes the nature of your business, background information, financial projections, and organizational techniques to govern your restaurant’s daily operations. A restaurant business plan is a
Restaurant Business Plan: A Comprehensive Guide to Attract the Investors You Need Read More »
Although the din of Auld Lang Syne has faded, we can still hear ZuZu saying, “Teacher says, every time a bell rings another restaurant closes” … something like that. As we have recently learned (and continue to see), pandemics are hell on restaurants. When a business sells a product that depends on social gathering through
So, You Think You Know How to Run a Restaurant? Read More »
The COVID-19 pandemic has disrupted many industries, especially restaurants. As lockdown rules keep changing, many restaurants are unable to stay open. Others are forced to switch their model to only takeout and delivery. If you have a restaurant, you might want to consider a creative alternative —transforming your restaurant into a food truck. Why This
An Emerging Hybrid Restaurant Solution For Challenging Times Read More »
Commercial landlords renting a restaurant space should know that every restaurant lease is unique. There is a balance to be struck between the square feet, the amenities, and the restaurant’s ability to cover rent with their revenue. For the landlord, bringing in a restaurant lease can be extremely lucrative, but it’s also a risk to
How Landlords Can Protect Restaurant Rent Revenue Read More »
By January 2020 the restaurant business was getting crowded and hyper-competitive. Since about 2009, on the heels of the worst recession in most people’s memory, restaurants around the country struggled and failed. Panera Bread, Chili’s, Cheesecake Factory, Seasons 52, and Red Lobster were suspiciously still standing while higher quality mom-n-pop concepts were crushed to dust by the downturn. The sub-prime mortgage business disgusted the public.
Can You Afford Consulting? Read More »
Unless you’ve been boycotting the steady stream of dreary news coming at us from all sides, you’ve probably heard how meal delivery services like Grubhub, Uber Eats, Door Dash, or even Postmates are struggling to turn a profit. On the delivery company’s side, their models are proving unsustainable despite the pandemic’s effect on delivery demand.
How to Configure Your Restaurant for Curbside Pickup Read More »
Whether you have been doing delivery since you opened, or you have recently launched a delivery program due to a global pandemic, there are five incredibly common mistakes we see restaurateurs making. Selling food that does not travel well. When your chef puts up a plate in the kitchen, you know that food will be
What You Should Not Be Delivering: 5 Common Delivery Mistakes to Avoid Read More »
In the last few weeks, I have had some very difficult conversations with a lot of restaurant owners that I consider not only clients but friends. I’ve listened to them as they have made hard decisions to close one or all of their locations, worried about their employees while understanding that they could not financially
What Do We Do Now? Creating a PLAN to Reopen Read More »
