🍔 Let's check out the story of 'Next Bite!' 🚀 In 2019, 'Next Bite' was launched to address the excess capacity in restaurant kitchens. 🍽️ By consolidating ordering streams and introducing extra menus and brands, the company maximizes output. 💡 In the following year, they underwent a rebranding with a focus on developing new virtual restaurant concepts. 🌐 Their main goal is to make use of the underused capacity of U.S. restaurants and establish it as the primary revenue source. 💼👏 Watch the full video here: https://buff.ly/3OmSb6x #NextBite #RestaurantInnovation #VirtualConcepts #BusinessGrowth #RebrandingJourney #EntrepreneurialStory #FoodTech
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SONIC Drive-In is thinking beyond 🍔’s with their latest addition to a restaurant in East Texas… Business owners at all levels can learn from this move: Creatively pairing your core product with complementary products can unlock significant opportunities. #businessowners #businesstips #digitalmarketing
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While expansion isn’t always the right step for every restaurant, it can be a strong investment for business owners and chefs. Not only can it help build a chef or restaurateur's reputation, but it can also be a great way for financial partners to see a quicker return on their investments. But how do restaurant owners decide when and where to expand, and how do they keep quality intact at new locations? Three different restaurateurs from Danny Boy's Pizza, The Meatball Shop, and Saltie Girl weigh in on their restaurant location strategy. "The biggest risk is not only does the new location fail, but also that it detracts from the current location and both of them suffer," says Daniel Holzman, owner of Danny Boy’s Pizza. "Either the quality fails, the financial model doesn’t work, or they don’t have the discipline or ability to manage it. It’s a little bit of a house of cards." Learn more about restaurant expansion: https://go.amex/tFwgZg #AmexBusiness
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“Owner is a must if you’re serious about growing your restaurant.” Case Study: see how Timirie Shibley from Doo-Dah Diner increased direct online sales by $72,000 using Owner.com At Owner we are dedicated to building powerful tools for our customers so that their businesses not only survive, but thrive 🚀 #owner #restaurantowner #restaurantowners #smallbusinessowner
Owner.com | Doo-Dah Diner Case Study
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Don't let avoidable mistakes derail your dream restaurant! Our blog lays out the recipe for success – listing 10 key things to watch out for when securing quick funding. Read more and get one step closer to opening your doors! Read the full article here: https://buff.ly/41QbwSZ #business #businessfinancing #smallbusinessfinance #businessfunding #smallbusinessloans #smallbizfunding #businesscredit #financialsolutions
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The Restaurant Coach®️| 6X Amazon Best Selling Author - My mission is to work with independent restaurant owners that want to achieve the have-it-all lifestyle across all four domains: Body, Being, Balance, Business.
Sticking to the same old routine won't cut it in the restaurant industry. The restaurant business demands innovation and a fresh perspective. It's time to shake things up and navigate the challenges of the restaurant world with resilience and strategy. The restaurant business is tough, no doubt. But survival isn't enough — we're here to thrive! Ready to redefine success in your restaurant? Join me 👉 https://lnkd.in/e93ysMY in a journey where we don't just aim to survive; we aim to conquer. Let's make your restaurant a success story! #RestaurantSuccess #InnovateInDining #ThrivingInBusiness
Redefine success in the restaurant game! #RestaurantSuccess #InnovateInDining #ThrivingInBusiness
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What is the hottest fast casual restaurant stock in America? CAVA, the restaurant chain — the Mediterranean Chipotle, as some call it — has soared more than 300% since its IPO in June 2023, giving it a market valuation of over $10 billion. That equates to $33 million for each of its 323 restaurants, a staggering valuation even for a chain that’s rapidly expanding. Cava restaurants average almost $3 million a year in revenue. By comparison, investors valued Chipotle Mexican Grill, the benchmark in the U.S. fast-casual restaurant industry, at just about $3 million per restaurant one year after its IPO.
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Missed our webinar with Nation's Restaurant News? No worries! You can now watch "Insider Secrets: Future-Proofing Your Restaurant With a Digital-First Strategy" on-demand. Learn how Kahala Brands, WaBa Grill Franchise Corp., and other industry leaders are using technology to meet evolving guest expectations, optimize operations, and maximize revenue. Start watching: https://lnkd.in/daVbhjvE
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Is it time for a change in your restaurant journey? 🍽️ Recognize the signs! Whether it's a family venture or a partnership, we've identified common signals of restaurant challenges. Let's chat about your options. 🗣️ #RestaurantSuccess #TimeForChange 🌟https://lnkd.in/gN4h7v-z
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The restaurant business is not for the faint of heart. But in case you've always wanted to make grandma's favorite recipe go global, here's a few tips from Chef Bobby Flay on getting into the restaurant game. Spoiler alert: his #1 tip? Be overpatient... and overcapitalized. For help figuring out the capitalization part, we should map out a financial plan. http://spr.ly/6042bySBq
Bobby Flay's secret to opening a successful restaurant
cnbc.com
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This past week, I had shared a four-part series on reviving underperforming restaurants as a guide for independent restaurant owners to navigate the challenging landscape of the restaurant industry. Each edition provided actionable strategies and insights to help revitalize establishments struggling with various operational, competitive, and market challenges. This is a summary of the series along with links to each edition. https://lnkd.in/g4VD_SSt #restaurantbusiness #independentrestaurants #restauranttransformation #restaurantsuccess #backtobasics #culture #marketing #customerexperience #employeeexperience #restaurantoperator
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