First Published: 29 Nov 29 2022 Restaurant Profit Margins UK As a restaurateur, your goal is to make as much money as possible. But how do you do that? And what are the most important factors to consider? Understanding the restaurant’s profit margins and implementing strategies to maintain profitability is crucial for any restaurant … Read more
First Published: 9 Jul 2022 How To Control Food Costs In Restaurants How to control food costs in restaurants has to be at the forefront of any restaurant manager’s mind. The result can benefit your business if you can control your food costs effectively. When managing restaurants, reducing food costs is one of the … Read more
First Published: 10 Mar 2022 How Can Restaurants Increase Profits Are you a new restaurant owner/manager eager to discover the secrets of maximising profits? How to Make Profit in Your Restaurant in a competitive world of restaurant management is never easy. Understanding how to make a profit in your restaurant is essential for … Read more
First Published: 31 Dec 2022 How To Manage A Restaurant Business Successfully 11 Tips For Restaurant Management That Will Make Your Life Easy is a must-read. To run a restaurant well, the manager must keep a close eye on the day-to-day business and ensure everything runs smoothly. It’s an exercise in multitasking in every … Read more
Restaurant Financing Options Owning and operating a successful restaurant requires more than a passion for cooking. It demands strategic financial planning and access to diverse financing options. Let’s look into the various financing avenues explicitly tailored for the restaurant industry, empowering you to make informed decisions and propel your culinary venture to new heights. … Read more
Restaurant Rescue Strategies The United Kingdom has officially plunged into a recession. Its Gross Domestic Product (GDP) fell 0.3% in the fourth quarter of 2023, following a 0.1% fall in the previous quarter. The fall is primarily due to reduced consumer expenditure and the collapse of retail sales. This slump emphasises the business’s need … Read more
First Published: 11 July 2022 Restaurant Finance Management Tips How to manage restaurant finance is a critical part of any successful restaurant business. Whether you’re a small independent cafe looking to expand or a large chain with multiple locations, having a sound finance system in place is essential for long-term success. This article will … Read more
Understanding the UK Recession: Implications for Restaurant Businesses The news of the UK slipping into a restaurant recession is alarming, with the latest Office for National Statistics data indicating a larger-than-expected decline in GDP growth. This downturn is attributed to a reduction in consumer spending and a decrease in retail sales leading up to … Read more
Restaurant Management Books This article is a collection of some of the best restaurant management books you’ll be glad to read. Whether a passionate beginner or a seasoned veteran, you will learn something new from this diverse collection of restaurant management books. Here are 5 must-reads best sellers for great results this year: Restaurant Management: … Read more
First Published on: 3 Apr 2022 The Secrets To Restaurant Profitability Re A successful restaurant demands a balance between superb food, excellent service, and successful business tactics. This article will examine the main elements of restaurant profitability and provide practical advice for streamlining your business. The post will give you the information and insights … Read more
Whitbread sells stake in Pure Cafe Introduction In a strategic shift aimed at optimising its business operations, Whitbread, a leading force in the hospitality industry, has recently made waves by divesting its stake in Pure Café. This calculated move is pivotal for Whitbread and has implications for the broader market dynamics. We look … Read more
Tactics Used by Restaurant Owners to Increase Sales If you’re struggling to make sales in your restaurant, consider implementing the following 13 Fantastic Strategies To Increase Sales In Restaurants. You’ll find that these tactics will boost sales whether your restaurant serves breakfast, lunch, or dinner: 1. Why Great Customer Service Is Important … Read more
First Published on: 24 Aug 2022 Restaurant Profit and Loss Statement: Understanding and Creating Them In the world of restaurants, where flavours and experiences take centre stage, there’s an often-overlooked backstage secret that separates thriving establishments from the rest: mastering the art of the restaurant profit and loss statement. As a restaurant owner or manager, … Read more
Average Restaurant Profit Per Month Owning a restaurant is often seen as a culinary dream come true, from creating mouthwatering dishes to providing exceptional service, there’s much to love about the restaurant business. However, beneath the delicious aromas and warm ambience lies a complex world of finances, where the battle for profitability is fierce. … Read more
UK Restaurants Face Significant Losses UK restaurants face significant losses as reported by the national accounting firm UHY Hacker Young. It reveals that a record 64% of the top 100 restaurant businesses in the United Kingdom are losing money daily. The percentage increased from 52% between 2018 and 2021 to 62% during the pandemic (2020-2021), … Read more
