David Kranker

Coffee Shop Cost Cutting Techniques

11 Ways to Cut Costs for Your Coffee Shop

Coffee shops, like other types of food and beverage establishments, run on an incredibly tight margin. While the food costs for coffee shops tend to be low, labor expenses are often high. As a result, smaller coffee shops often have a profit margin as low as 2.5%. In the COVID-19 era, these margins have shrunk for many coffee shop owners. Between patrons working from home and shutdown orders, the days of customers hanging out, buying multiple drinks, or getting an…

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food cost percentage

Food Cost Percentage: What It Is, & How to Calculate It

In the best of times, running a restaurant can be a challenge, with tight margins, high turnover,  and a demanding schedule. During a global pandemic, it has become even more difficult. Restaurants have been particularly hard hit by shutdown orders, along with laws that prohibit indoor dining, or limit capacity to 50% or less. Restaurants across the country are facing dire circumstances due to COVID-19. One way that many restaurant owners can tighten their belts and increase their profits is…

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How To Get A Food Handlers License

How To Get A Food Handlers License & How Much It Costs

Jump To Your State When you open up a restaurant, you probably spend a lot of time thinking about the big picture: what will my restaurant look like? What will we serve? Yet you will soon find that you spend a lot of time focusing on the small details and the red tape, like getting the right licenses and permits to operate in your state. One prime example is food handlers licenses. While these permits are generally much easier to…

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Restaurant Cost Cutting Ideas

21 Ways To Cut Costs For Your Restaurant

The COVID-19 pandemic has caused significant hardship across the United States: millions infected, and record levels of unemployment. While most industries have been affected by this health crisis, the food and beverage sector has been hit particularly hard. Closures of in-person dining, restrictions on operations, and the need to provide personal protective equipment has led to a sharp decrease in profits — while expenses have sharply increased. If you own a restaurant, you are probably considering ways to trim your…

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How To Get A Liquor License In All 50 States

How to Get a Liquor License In Each State & How Much It Costs

Jump To Your State There are a lot of benefits to serving alcohol at your restaurant. Liquor sales tend to have the largest profit margins over anything else on the menu, ranging from 75 to 80%. Alcohol is particularly profitable due to large markups for prices, low labor costs, and a longer shelf life compared to most other consumables. Having beer, wine, and/or hard liquor on the menu can also attract new customers to your restaurant. For many people, a…

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Grand Rapids Restaurants Open During Coronavirus

Restaurants In The Grand Rapids Area Offering Dine-In, Take-Out & Delivery During The COVID-19 Lockdown

Last Updated: July 14, 2020 from Facebook pages. Lots of new info on re-openings! The coronavirus (COVID-19) pandemic swept across the US in less than a week, effectively shutting down life as we had known it. The pandemic has impacted businesses of all sizes across a number of different industries. However, the first industry to be impacted was the restaurant industry and it is perhaps the hardest-hit industry to-date.  On March 16th, Governor Gretchen Whitmer issued an executive order to…

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How To Start A Bubble Tea Business

How to Start Your Own Bubble Tea Business

For many Americans, bubble tea is a relatively new concept. After being invented in Taiwan in the 1980s, the fun drink with a giant straw has exploded in popularity across Asia — and throughout the world. Bubble tea is in such high demand globally that McDonald’s put it on the menu in Germany. If you are a bubble tea fan, or simply interested in investing in a business with a tremendous potential for growth, you may be thinking about starting…

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Restaurant Coronavirus Marketing Ideas

Restaurant Marketing Ideas to Combat COVID-19

Across the country, restaurants are feeling the impact of the coronavirus pandemic. Shelter-in-place orders typically limit restaurants to pick-up and delivery only — which has been a challenge for many establishments whose primary source of profit came from dine-in eating. The restaurant industry as a whole is expected to suffer a $225 billion loss from March through May of 2020. While there isn’t much that anyone can do about the stay-at-home orders (other than comply with them), there are steps…

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Budget Branders Donates 100% Of Profits To World Central Kitchen For COVID-19 Relief

The United States is facing an unprecedented emergency, the likes of which this country has never faced before. In a matter of weeks life as we knew it came to a near halt. Schools closed, entire businesses were shut down, and travel had been restricted. One of the first industries hit by the pandemic was the restaurant industry and it’s an industry that faces a very uncertain future. Prior to the pandemic, there were over 1 million restaurants in the…

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Food Delivery Services

How To Partner With A Food Delivery App

The coronavirus pandemic has drastically changed how we live and work in the United States. Across the country, states issued stay-at-home orders that led to the closure of non-essential businesses. While restaurants remained open, dine-in services were generally prohibited — which left pick-up and delivery as the only options for most businesses. Even after re-opening dine-in options, many consumers still prefer to order delivery instead of dining in. During this time, many restaurants have turned to online services to help…

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