If you run a coffee shop, then you know that success isn’t just about serving an amazing cup of joe. There are a lot of intangible factors that can truly make or break you – such as interior design. Since Friends debuted in 1994, we have all come to look for certain elements, like comfy seating, funky mugs, and space to relax. Of course, a lot has changed in terms of decor trends since 1994. While comfortable furniture is still…
There is no doubt about it: Indian food is absolutely delicious. Yet despite how incredible it tastes, Indian cuisine is nowhere near as popular as other types of food. According to the Washington Post, there are approximately 40,000 Chinese restaurants and 40,000 Mexican places in the U.S. – and just 5,000 Indian restaurants. That being said, there is huge potential for growth in the Indian restaurant industry. Indian Americans are the second-largest immigrant group in the United States. And beyond…
Italian cuisine is one of the most popular food types in the United States. In fact, according to National Geographic, out of 800,000 total restaurants in the U.S., a full 100,000 specialize in Italian food. In many ways, this cuisine has become as American as apple pie. While this level of popularity is great, it can present some challenges for proprietors of Italian restaurants. If you own one of 8 or 10 Italian restaurants in your town, how can you…
If you’re like most Americans, there are certain slogans or jingles that immediately pop to mind when you think of a particular product. For example, if someone were to say to you: “the best part of waking up…,” you’ll probably respond with: “is Folgers in your cup!” That is the power of a great slogan – it can stick in your head and lead to immediate associations between products and a brand. Slogans aren’t just for massive corporations like Folgers,…
When you run a restaurant, chances are good that you’re always looking for ways to motivate your employees – and your patrons! Enter quotes: sometimes funny, sometimes inspiring, a good saying can be an easy way to convey a message. Whether you want to inspire your employees to perform better, commiserate with your staff, or make your customers chuckle, we have a quote for you. Below, we have gathered some of the best quotes about restaurants for employees and customers…
Chinese food is incredibly popular in the United States. In fact, there are more than 45,000 Chinese restaurants in the United States – more than the number of Burger King, McDonald’s Wendy’s and Kentucky Fried Chicken restaurants combined! If you want to open (or already run) a Chinese restaurant, the good news is that Americans love the cuisine. The bad news is that there is a lot of competition. One way that you can distinguish yourself is by coming up…
What’s in a name? For a restaurant, it could be a lot. Having a memorable name can create a strong impression with potential customers – making them more likely to want to visit your establishment. There are many different ways that an entrepreneur can choose to name their restaurant – such as by focusing on location, a family name, or simply something that sounds nice to them. But there is another route: getting creative! A funny, smart, or even punny…
Running a restaurant can be a wild ride – particularly in the current economy. There are many things that can cause a restaurant’s profitability to take a nose-dive, from a shut down order, to seating capacity limits, to rising labor costs, and out-of-control inflation. One way that restaurant owners can maintain some control is by closely analyzing and tracking their prime costs. Put simply, prime cost is what you spend in order to make sales. By adding together the cost…
When you run a restaurant, you have a lot of things to keep track of – from purchasing inventory to taking inventory to scheduling staff. Beyond these day-to-day operational tasks, you also have to closely watch your income and expenses. One of the best ways to do so is through analyzing your restaurant’s profit and loss statement. Software programs can help you create profit & loss statements for your restaurant. The next step is learning what the numbers mean so…
Compared to restaurants, bars and breweries often have a much larger profit margin. That doesn’t mean that it’s easy to stay afloat as a bar or brewery owner. Even with an average markup of 300% to 500% on alcoholic beverages, it can be difficult to remain profitable in such a volatile industry (especially as the COVID-19 pandemic continues). If you want to run a successful bar, it’ll take more than just attracting customers or having great drink specials. You’ll also…
