Blog Archives
20 steps to lowering your food or liquor costs
This article will be one of the most important I've ever written for restaurant owners and managers in other food services. In this article, I'm going to do something you won't see from another consultant. I'm going to share with you the exact steps of an action plan I created to help a restaurant create a food cost fitness program, along with some helpful commentary from me.
San Francisco approves simplified restaurant regulations
Short article about great news for San Francisco restaurateurs. San Francisco is easing city permit “hoops” to jump through in a city that was previously micromanaging its restaurant industry. State regulations on restaurants are already tough enough for potential California restaurant owners.
San Francisco approves simplified restaurant regulations – San Francisco Business Times.
Marketing tips from a successful owner
In the linked article, a successful BBQ restaurant in Gilbert, AZ shares a couple marketing tips he and his partners use to market their restaurant. None of these tips include buying ads or issuing coupons.
I was lucky enough to eat at one of their other restaurants, Joe’s Farm Grill, while in Arizona a few weeks ago. They grow and/or raise nearly everything they serve right there on the same farm where the restaurant is located. It’s the definition of the word “fresh”.
How to create word of mouth buzz for a restaurant | Owner Interview from Restaurant Hospitality
For other marketing tips or help defining your brand, visit us at www.bodellconsulting.com.
Positive outlook for restaurants in 2012, or is it?
Here’s an article from Nation’s Restaurant News about sales predictions for 2012. According to the study, everything is looking rosy. The question to you is, “Since this study only contains data from the Top 500 largest chains, does this study suggest restaurant sales overall are going up 3.4%, or does it suggest that independent restaurant competition is weakening for the chains and they are taking a larger marketshare of the consumers budget?”
Since this report also recognizes that most the previous and expected gains have been in quick service restaurants, it suggests that consumers are still being careful with their dining dollar, looking for value in quick casual restaurants instead of full service restaurants. Time will only tell what the real deal is. I tend to trust studies that include a large sampling of independent restaurants. They are a better indicator of the overall market and health of the industry in my opinion.
Restaurant sales rose 3.4% in 2011 | Nation’s Restaurant News.
To help organize your restaurant systems so you can compete with the chains, visit www.bodellconsulting.com.
Good news for restaurants serving breakfast!
Here’s an article from Nation’s Restaurant News about a recently released study examining breakfast habits.
Consumers’ changing breakfast habits favor restaurants | Nation’s Restaurant News.
For assistance putting together a great, manageable menu for your restaurant, visit www.bodellconsulting.com.
Quality, convenience key to restaurant selection, research finds – NRA News Blog
Quality, convenience key to restaurant selection, study finds
For help implementing tools and procedures to improve your quality and service speed, find our services at bodellconsulting.com.
45 (B) Tax Credit for Restaurants – Do you qualify?
Restaurant owners may be able to take advantage of a tax credit on the taxes they pay on employee tip income this year. The following article discusses the qualifications for taking the credit.
Simply put, to qualify:
- You must be profitable and owe taxes
- You may not deduct the the same taxes as a business expense
- You may not use the Alternative Minimum Tax
Check out the following post from the National Restaurant Association’s website to find out more details and for a link to download the necessary forms to file for this credit.
45(B) tax credit helps restaurants reduce taxes
For help getting your restaurant profitable so you can take advantage of this tax credit, visit www.bodellconsulting.com or call (888) 571-9068.
Hilton Worldwide seeks independent restaurant concepts ripe for franchising
Spread the word, Hilton Worldwide is looking for successful independent restaurant concepts to pitch to their franchisees to put into their hotels. This might be a good opportunity to take the first step into franchising. The following article from Restaurant Hospitality E-Zine doesn’t say as much, but the Hilton maybe willing to foot all or part of the cost of franchising the concepts.
http://restaurant-hospitality.com/trends/hilton-wants-restaurant-concepts-yours
