by Phuong Vu | May 12, 2020 | Finance & Operations
Can your menu stand the test of takeout? Pre-COVID, top menu trends centered around variety, planning around local and seasonal ingredients, and presentation. Chefs were focused on creating unique dining experiences that guests couldn’t hope to replicate at home. But...
by Phuong Vu | May 7, 2020 | Finance & Operations, HR & Labor, Industry Trends, Marketing
Most states across the US are approaching the 2 month mark of shutdown. For restaurants, that means grappling with weeks of lost revenue due to dine-in bans across the nation, and adapting to a takeout and delivery only service model. While some states are starting to...
by Phuong Vu | Apr 28, 2020 | Finance & Operations, Marketing
The restaurant industry has been completely turned upside down in a matter of weeks. Assuming a reopening of the economy in June, the industry is still losing about $80 billion in revenue by the end of April. The data from the U.S Department of Labor shows that...
by Phuong Vu | Mar 10, 2020 | Analytics & Reporting, Finance & Operations
Running a restaurant is both an art and a science. As a chef, you see an immediate impact every single day the restaurant is open, leaving hundreds of people stuffed and satisfied. As an entrepreneur, you are responsible for orchestrating many moving pieces –...
by Phuong Vu | Mar 10, 2020 | Finance & Operations, Industry Trends
According to the National Restaurant Association, 44% of consumers say they placed a food order for takeout or delivery using a restaurant app or website in the past year. The growing popularity of delivery apps indicates a clear sign of changing customer habits....
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