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?

IRS logoRestaurant 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.

Chefs Weigh In: The Pros and Cons of Expansion – Hot Topics – Eater National

When is it right for your restaurant to add a location? What are the potential pitfalls? What are the advantages? The following article shares input from 5 chefs who did it. They give their experiences opening a second location to hopefully help you decide whether expansion is the right decision for you.

http://m.eater.com/archives/2012/03/14/chefs-weigh-in-the-pros-and-cons-of-expansion.php?NL=NRN-03&Issue=NRN-03_20120315_NRN-03_173&YM_RID=email&YM_MID=mmid

Great new Food Network show | Restaurant Stakeout

Restaurant StakeoutThere is a great new show on the Food Network you need to check out if you haven’t seen it yet. It’s called Restaurant Stakeout. Instead of being just another show with a restaurant consultant telling people their food sucks and their menu is too big, Willie Degel’s show is an original and really interesting to watch.

During the course of this show, a consultant sets up multiple hidden cameras throughout a restaurant to observe the restaurant while no one knows he is watching. After finding numerous problems that are costing the owner money, he invites the owner to watch the footage with him. The owner is appalled at what really goes on in their restaurant when they aren’t there and the consultant beats them up over how much money they are losing. By the end of the show, the consultant is making recommendations to the restaurant owner which, by this point, seem like no brainers.

Besides the fact this show is much more original than any restaurant improvement show anywhere on television, this show is a great eye opener for restaurant owners. You never know what is going on in your restaurant when you aren’t there unless you have surveillance, or truly responsible leaders in the restaurant at all times.

Check out the TV show website here: http://www.foodnetwork.com/restaurant-stakeout/index.html

You can get a free 30-minute telephone consultation with Brandon O’Dell from O’Dell Restaurant Consulting to see if there are improvements that can be made in your own restaurant too.
Call (888) 571-9068 to set up a time.
www.bodellconsulting.com

How digital menu boards help drive restaurant sales | Nation’s Restaurant News

Digital menu board

Digital menu boards seem like they should be the natural evolution for quick service restaurants. They would lower the cost of making frequent price increases, increasing cashflow, and allow menu redesigns to happen much faster. Not to mention, they just look “cool” compared to static menu boards.

Is your restaurant currently using digital menu boards, or have you considered it? Take a look at the following article from Nation’s Restaurant News.

How digital menu boards help drive restaurant sales | Nation’s Restaurant News.

View our services at www.bodellconsulting.com.

friendthatcooks's avatarO'Dell Restaurant Consulting's Blog

The restaurant business is tough. Everyone in it knows it. Everyone looking to get in it ignores it.

The cold fact of the matter is that opening up a restaurant may be one of the worst investments you could make with your money. That’s a horrible, sobering statement coming from someone like me who’s in the business of helping restaurants succeed, but it’s the truth. Most restaurant fail. Oh, the failure rate isn’t the “90%” you may have heard from friends and family, but according to Cornell University, and the National Restaurant Association, 60% of restaurants fail within the first three years of operation. After five years, the number might be as high as 75%.

Uggghh!

Why the hell would anyone want to get into this business with a failure rate like that? Risk and reward my friend, risk and reward.

As with other high risk investments, opening the right…

View original post 2,607 more words

Hilton Worldwide seeks independent restaurant concepts ripe for franchising

Hilton seeks restaurantsSpread 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

Liquors Can Be Local Too – Restaurant Management (RMGT)

Here’s an article from Restaurant Management E-Zine about the use of locally distilled liquors in restaurants.

Liquors Can Be Local Too – Restaurant Management (RMGT)

Go to www.bodellconsulting.com for operations and marketing assistance for your restaurant or foodservice.

How restaurants can succeed with Pinterest | Nation’s Restaurant News

Have you heard of Pinterest yet, and are you using it? Here is an article about why restaurants especially have a product that is tailored perfectly for Pinterest…

How restaurants can succeed with Pinterest | Nation's Restaurant News.

www.bodellconsulting.com

Catering without a commercial kitchen

Canapes by Dino De LucaMy friends all tell me how great my dinners are, so I decided I’d start a catering company.”

Typical inspiration for starting a catering company. Now what?

Maybe the most important question that would-be caterers don’t think through completely before starting a catering company is, “Where will I prepare my food?” Seems like an obvious question, doesn’t it? In truth, all start up caterers probably do ask themselves this question, but all too often their answer is to prepare food in their own kitchen and transport it to the site. “What’s wrong with that,” you say?

According to the health department in most states (all that I’m aware of, but I admittedly have not researched it), it is not safe to sell food prepared in a kitchen that has not been inspected and licensed by your health department. At least, it’s not legal. Health departments require restaurants and caterers to operate kitchens that are equipped with NSF approved equipment, meet certain electrical and plumbing requirements, and all food safety codes concerning everything from shelf heights to cooler temperatures. Simply put, a standard home kitchen won’t do.

Many start up caterers seem to have no qualms about breaking the law, or at least are ignorant of it, so what does a conscientious citizen who wants to abide by the law do if they want to start up a catering company but don’t have the funds to lease a commercial kitchen right off the bat?

In the past, caterers looking to abide by health department rules needed to borrow/rent a kitchen from a restaurant or church to prepare their food in. Churches are great partners for this, as their kitchens are rarely used and often pretty big. Restaurants with space to rent are a little harder to come by. They have to work around their own business to let someone else come in and prepare food. Sometimes you can find a breakfast and lunch spot that will allow you to use the space at night, or occasionally you can find a restaurant with such a large kitchen they just have space to spare.

If you are asking this same question for yourself because you are wanting to start a catering company, then today is your lucky day. Just today, I happened upon a growing movement that I was previously unaware of. Small business conscious communities are finding facilities to offer something called “incubator kitchens” or “culinary incubators” to small business owners who need kitchen space to prepare food for parties, or produce and package food for retail sales (this usually requires additional licensing). Some even have space availabe to rent for parties and events, making them essentially “banquet halls” with open food policies.

These culinary incubators charge low hourly rates to business owners to rent space to prepare food in a safe, compliant, licensed kitchen. One such kitchen in my own city only charges $15 per hour to rent. Many of these kitchens are located inside non-profit business development centers that are not looking to make money, but rather to foster small business growth.

While it’s still a great option for a caterer to borrow a church kitchen in exchange for a percentage contribution from the sale of their food, these new incubator kitchens sound like an incredible idea that could help a lot of new caterers get their business started with very little cash outlay. To help you try and locate one, here is a map of incubator kitchens all over the country from culinaryincubator.com. If you don’t find one on here near you, don’t give up, Google “culinary incubator” and “incubator kitchen” in your area to see if there is one near you.

Brandon O’Dell
O’Dell Restaurant Consulting

www.bodellconsulting.com
blog.bodellconsulting.com