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Newsletter
Using Labor Cost to Inform Restaurant Scheduling
Many restaurateurs believe that they need to measure their labor cost numbers against industry averages in order to determine where they stand. In a recent article published by The Restaurant Expert, author David S. Peters explains that there’s no need for an external comparison. Rather, restaurant owners and managers can accurately inform their business operations…
Strategies for Building Guest Loyalty
In the hospitality industry, it is widely agreed that it is more cost-effective to retain customers than it is to acquire new ones. In a recent article for HospitalityNet, author Kate Hayward examines strategies for gaining loyal, repeat customers. Hayward first looks at factors that cause customers to keep coming back. Many hotel guests enjoy…
Plan for Profitability with a Budget
Restaurant budgeting is crucial to the success of your business. Check out this video from The Restaurant Expert for a detailed look at why implementing a budget helps you plan for profitability. Be sure to talk with a Scott and Company Hospitality advisor for guidance on setting up a budget for your business. Why Restaurant Budgeting…
Blog
Optimistic Outlook for Restaurant Sales
Despite a slow month of April, restaurant managers are optimistic that sales will improve as the summer months begin. This article discusses why April was a slow month for restaurants, and why restaurant owners have confidence moving forward. To view this article, click HERE to access the original content.
Becoming a Successful Food Entrepreneur
Food entrepreneurship is at an all-time high, but many companies fail due to lack of preparation. This article discusses how to succeed as a food entrepreneur. To view this article, click HERE to access the original content.
Beer Packaging Strategies
Branding your brewery is important, and your packaging strategy helps you stand out from the competition. This article discusses what your packaging is supposed to do, and how to layer on more brand-focused goals. To view this article, click HERE to access the original content.