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Tag Archives: cost saving
To compost or not to compost? If you manage a restaurant or operate any type of food venue, you already know that “to compost or not” is no longer the question. While composting may have once been optional, taking care of food waste is now the golden standard in the foodservice industry.
There is a new concept in the food-service industry and it’s called the “ghost restaurant.” Because there has been a recent surge in consumer preference for off-premise eating – eating at home or at the office and not in a restaurant – restaurants have started to accommodate this trend by redesigning the traditional sit-down concept to create “ghost” restaurants that focus exclusively on takeout and/or delivery.
If your dream is to open a restaurant, chances are that the dream includes having the money to do so in style. Few people fantasize about starting a business on a shoestring budget or with limited funds; on the other hand, even fewer people are independently wealthy and able to fund a restaurant venture without financial assistance.
Long after the successful launch of your restaurant – after the planning, the renovations, the staffing, and the stocking – money will still be a major concern. No matter how successful you become and how long the waiting list is for a seat at your restaurant, long-term growth is largely dependent on saving money. Creating a money-savings plan is just the first step; implementing these cost-saving measures over time is the big challenge.