Purchasing includes much more than just buying the products that you need for your restaurant. It includes determining the product grade and quantities, choosing the right supplier, and negotiating a price, among other responsibilities. Making the right decision is crucial as it can really affect your profit margins. If you’re not sure if you’re making … Continued
One of the biggest misconceptions that many restaurant owners have is that delicious food and a nice setting will be enough to allow their business to flourish. Although those two ingredients are crucial, if you don’t take control of expenses, or figure out what is cutting into your profits, you could end up bankrupt in … Continued
It’s no secret that the restaurant industry can be a fickle friend. Restaurant owners and managers have to remain constantly engaged with their finger on the pulse of the most recent trends and consumer desires to remain relevant and competitive. Restaurant owners also need to remain diligent in balancing the books and ensuring they are … Continued
There are so many factors at play when opening and running a new restaurant business. You have to think about your venue, maintenance staff, floor and kitchen staff, ingredients and supplies, and the list goes on. Balancing your budget in the restaurant business will be key to your success. Here are some factors to consider … Continued