Tag Archives: restaurant owner

8 Best Practices for Running a Successful Restaurant

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Running a successful restaurant is hard-work, no doubt about it. It requires a significant investment of time, money, creativity, and passion. It’s also one of the most competitive, rewarding, and risky industries out there. But what does it really take to stand the test of time and become a foodie favorite? Below are 8 best practices that can lead to a profitable and lasting restaurant.

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Independent Restaurants: How to Stand Out

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No one has ever said that running a restaurant is easy. It seems even more difficult if you are an independent operator. Consumer’s tastes are changing, with more dining concepts available than ever before. New technology keeps popping up, but staffing challenges never go away. And then there’s the chains, which seem to get harder to fight against. Indeed, The NPD Group’s Fall 2015 Recount showed independent unit counts declined -2%, while the chains grew +1% from the year before.

With the chains gaining ground in overall units, how can the independent compete? Fortunately, there are weapons at your disposal. Check out these five tips: (more…)

Restauranteurs and Society Insurance – Sharing the Passion

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Restaurant owners are an interesting lot. They drive onward through long hours, uncertain economic times and countless challenges trying to distinguish themselves from their competition to keep the customer coming to their table. Ever wonder why?

Is it huge financial gain? While owning a restaurant can provide a comfortable living with a lot of hard work and proper management, it certainly is not a “get rich quick and easy” proposition. The reward that comes with the business is the satisfaction of a happy customer who had an enjoyable dining experience at their establishment. (more…)