Retail and Restaurant
Tips & Advice to help you make your decision on Retail and Restaurant
Retail and restaurant locations combine the two services to increase profitability and capitalize on the customer service of both. From gas stations to major restaurant chains, these two industries are combining to offer convenient shopping for gifts, snacks or other items in addition to the dining experience.
Themed locations, such as restaurants decorated with Americana and focusing on the history of the country, do well with country store style shops available in the store's main reception area. These serve the dual purpose of entertaining waiting guests and increasing revenues. Such shops should feature products in keeping with the restaurant's theme to enhance the brand of both sides of the location.
Convenience stores and high-end food establishments also benefit from this combination. Convenience stores allow users to grab hot, quickly prepared food alongside the usual snacks and refueling services found in such locations. High-end restaurants feature memorabilia from the location branded with the logos and style of the venue. Some stores also offer sauces, t-shirts and other items that promote the company.
This combination continues to grow in popularity despite the ever-changing nature of these industries. Business.com remains a great source for the latest information on retail and restaurant combinations or other developments in the marketplace.
Restaurant Management Services
Send your business soaring with restaurant management consultants and other resourcesBy Trisha Schulz Whether your restaurant business thrives or fails usually boils down to your effectiveness at managing a restaurant. From finding and keeping good employees to maintaining inventory and controlling food costs, there's a lot on your plate.
It may seem overwhelming to have so much on your shoulders but you can utilize restaurant management services to help you manage the load. Consultants can help with setting goals and coming up with strategies to improve performance. Sometimes just the process of seeking out additional information can help you with new ideas.
Consider the following information about restaurant management to cook up management skills with the ultimate goal of higher profits:
1. Successful restaurant service managers choose a consultant who has worked with a respected peer.
2. When it comes to foodservice management consulting, be picky. Work at it as if you were hiring an employee, complete with references and background checks.
3. Beware of restaurant management service consultants who have obvious connections to specific suppliers. They may make recommendations based on a potential reward from the supplier.
Work with a restaurant management consulting group
With so many facets to managing a restaurant you may find it helpful to hire experts to take an objective look at areas for improvement. There are many consultant groups who specialize in restaurant management so make sure you choose one you can work with over the long term.
Try: Food Consultants Group can advise you in a variety of business categories. Click on the client link to compare your business to others they have previously worked with. Qualified Solutions provides profit improvement, marketing programs, one-on-one coaching and other components to help you manage your business to success.
Make your menu part of your restaurant management priorities
It seems fundamental but you can't take an order without a menu explaining your sizzling specialties and providing pricing. Whether its managing your costs or actually designing the menu, don't overlook this important step.
Try: Order the "Restaurant Inventory, Recipe & Restaurant Menu Costing Workbook" from Virtual Restaurant to help you with menu issues. Browse the menus designed by Quantified Marketing Group, which specializes in marketing and public relations.
Access restaurant management information
Taking on an attitude of constantly improving your management skills will send you and your business to a new level. With so many books and articles dedicated to the topic, you'll find plenty of ways to feed your mind with the information you need.
Try: From how to price menu items to food cost tips, check out Allfoodbusiness.com and bookmark it as a reliable resource for your restaurant management questions. GEC Consultants offer a variety of articles on restaurant development, profitability and marketing.
- Much of your work managing a restaurant will focus on the bottom line. Foodservice management consultants will tell you to aim for a total food and labor cost of about 60%. If you exceed that percentage, find out why, and investigate ways to control costs and increase sales. You also don't want your percentage to run a lot lower than that. That's an indication that the patron is losing out on good value, and it could impact business over the long term.
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