If you’ve made the decision to start your own restaurant, congratulations! Running your own business is incredibly exciting, and can be rewarding as well. Yet having a great idea is just the first step in the process – you’ll need to put in a lot of work to make your dream a reality. To start, you will need a concrete, detailed business plan. Not only will this plan serve as a blueprint for how you will run your restaurant, it…
When it comes to running a successful restaurant, you’ll need more than just a killer menu, amazing décor, or a cool gimmick. One of the keys to any establishment’s success is having a friendly, competent, knowledgeable staff. Of course, knowing that you need great employees is just the first step – you also have to find and hire them. As the COVID-19 pandemic continues to affect businesses throughout the country (particularly restaurants), employers are finding themselves short-staffed more often than…
For those who aren’t in the business, owning a restaurant may seem glamorous. If you’re a restaurant owner, however, you know how much of a slog it can be: long days, working nights and weekends, and tight profit margins. While owning a restaurant can be incredibly rewarding, there is no question that it is also really hard. Even before the COVID-19 pandemic, running a restaurant was challenging – particularly when it came to turning a profit. The average restaurant profit…
Every 68 seconds, a woman, man or child is sexually assaulted in the United States. In 8 out of 10 cases, the perpetrator is someone known to the victim – such as an acquaintance, or a current or former romantic partner. Given these scary statistics, it is little wonder that so many organizations are working hard to reduce the rate of sexual violence in the U.S. One such initiative is known as the “Angel Shot.” Put simply, the Angel Shot…
Most of us don’t get into business because we really love paperwork. For better or for worse, filling out forms and making sure that your papers are in order is a major part of being an entrepreneur. It might not be a fun part of the job – but it is absolutely necessary if you want to be successful. If you are considering opening a restaurant, your main focus might be on things like the menu, décor, or location. During…
Restaurant Ideas To Consider There is no single thing that will make your restaurant a hit. Instead, you typically need a combination of factors to have a thriving establishment – such as a great location, a delicious menu, good marketing, and a willingness to put in the work to make it all happen. With so many restaurants in any given area, it can be hard to know how to differentiate yours from the crowd. One way to do so is…
In the food and beverage industry, many employees depend on tips – or gratuities – to earn money. Typically, these tips are left up to a customer’s discretion. While tipping is customary in the United States, customers are not required to leave a tip – which is why some restaurants, bars, and other establishments use automatic gratuities. There are a number of laws that affect your ability to impose automatic gratuities. Understanding these laws, and complying with the tax code…
If there was one thing that the food and beverage industry learned in 2020 – 2021, it was the importance of take-out service. Faced with ever-changing rules and restrictions related to the COVID-19 pandemic, many businesses only survived due to take-out. While dine-in sales plummeted, take-out sales rose by an astounding 59%. With more to-go options than ever before, it is clear that take-out is here to stay as a primary source of revenue for restaurants. Given this new reality,…
In the past, a restaurant’s reputation was largely built on word of mouth. While a review in a local newspaper might help bring in new clientele, most business came from customers who loved the food and told their friends and family about it. In this way, the success of a restaurant was largely based on goodwill in the community where it operated. Today, things are very different. While local opinions matter, the methods for obtaining those opinions have shifted. One…
You’ve decided to start a brewery: congratulations! Breweries have become increasingly popular throughout the United States. In fact, microbreweries, brewpubs and taprooms produce 32.8% of all beer in 2020. Of course, deciding to open a brewery is just step one of what can be a fairly complicated process. As small business owners ourselves, we understand how difficult it can be to turn your ideas into reality. That’s why we have compiled a list of the best brewery resources out there.…
