Restaurant Franchising: 10 Essential Performance Metrics For Consistent Group-wide Profitability
It’s a giant leap from running a handful of locations in-house to franchising your restaurant. It’s easy to lose control. Monitoring performance metrics put you back in command. And control is what you need to ensure group-wide consistency and profitability. This article lists ten crucial restaurant franchise metrics. With these, you can help your business […]
5 Ways Technology Helps Structurally Reduce Operating Costs in Restaurants
Margins in the restaurant sector are wafer-thin. That is no news, but a problem that has existed for years. What ís new, however, is that affordable new technologies are increasingly tipping the scales towards greater profitability. Restaurateurs that want to strengthen their bottom line must be able to keep costs under control. The trouble is […]
47 Scaling Restaurants In Scandinavia To Keep An Eye On (Because They Are Awesome)
The hottest restaurant scene in Europe right now? Scandinavia. Yes, you heard right. You may not have noticed, but some brilliant restaurant chains and franchises are shaking up the dining culture of the Nordic countries, both with new concepts and by revamping old ones. The level of quality, service and innovation is high. These restaurants […]
Beyond Restaurant POS Reports: Why Your F&B Operation Needs Insights-Rich Analytics to Grow
Restaurant reporting has become a vital tool in an industry that has — for far too long — relied on gut feeling to make business decisions. Today, restaurant operators and F&B managers like you have access to many reports, primarily thanks to advanced POS systems. However, while there are certainly many upsides to this digitalisation, […]
Menu Engineering: How Large Restaurant Operators Add 10-15% to Their Bottom Line by Constantly Improving Their Menus
Are you ready to start playing the long game when it comes to menu engineering? If you’re thinking of menu analysis and engineering as just a prelude to menu redesigns and pricing tweaks, you’re pinching pennies off the side… and leaving bags of money on the table. And it’s time to fix that. In this […]
43 Simple Yet Effective Restaurant Marketing Tips and Examples For Growing Foodservice Operations
Some restaurants immediately thrive in a new location, while others can barely keep their heads above water. At first glance, they look equally good: the food is excellent, the staff friendly, the price right and everything well organised. But while one attracts a large crowd, the other seems to have more staff than guests. If […]
What Is A Central Production Kitchen, And Why Are Restaurant Brands Increasingly Adding Them To Their Operations?
Multi-unit restaurant operators are increasingly shifting towards a business model with a central production kitchen. It helps them expand operations while keeping food quality consistent across locations and channels, and, equally important, keeping the overhead costs in balance. A major reason for this remarkable shift is that more and more restaurant companies are moving away […]
How To Recruit Great Franchisees For Your Restaurant Business (And Keep Them On Board)
You can do many things as a franchisor to improve your chances of building a thriving restaurant franchise. However, the most important thing is to engage with the right franchisees. Even if you’ve ticked all the right boxes and executed every step of the restaurant franchise playbook to perfection, your ability to attract and retain […]
Restaurant Menu Pricing Strategies, Tactics & Tips [& The Single Most Profitable Pricing Strategy Smart Operators Use to Drive Profits Through the Roof]
As an F&B manager in a large multi-outlet operation [or a hotel chain], you’re used to focusing on the cost side of things. Shaving a percentage point off food costs here… eking out a few extra pennies by tightening up inventory procedures… stomping out waste. Every little bit adds up, right? But… there’s another side […]
