Blog posts tagged with "Restaurant Loans"

Tomorrow, February 9th, is National Pizza Day! If you own a pizza shop, you likely know that to be successful you must invest in a variety of areas, such as the quality of your ingredients, customer service, and your business’s physical location, just to name a few examples. Unfortunately, it can be challenging to afford these costs. That’s why many restaurant owners pursue business financing options, such as merchant cash advances, lines of credit, sba loans, credit cards, and small business loans. In this post, we’re going to focus on business loans, and explain how you can utilize it!

Are you looking for another way to generate sales for your restaurant? It might be time to offer catering services! By incorporating restaurant catering into your services, you’ll be able to serve additional customers and earn more revenue. It’s a win-win!

As a restaurant owner in the U.S., you’re one of over 1 million restaurants nationwide. With this much competition, you must ensure that you keep up with customer demands. In addition to customer service, delicious food, and a nice interior, customers will also appreciate having the option of restaurant delivery services.

In 2017, more than 10,000 restaurants closed, leaving these small business owners with disappointment and uncertainty about the future . While it’s uncertain how many restaurants fail in the first year (outlets have reports varying from 17 to 90 percent), the reality is that business do fail and small business owners must work hard to keep their doors open.

In 2008, Roy Choi sold Asian-infused tacos from his truck in Los Angeles. Although Kogi BBQ wasn’t the first food truck in American history, Choi sparked a movement that’s continuing to thrive today. According to IBISWorld, the food truck industry is worth nearly $1 billion and has grown by 7.3 percent in the past five years. Currently, there are more than 4,000 food trucks in the U.S. with more than 14,000 people employed in the industry.

You might think that having a love of cooking and a little business savvy is all it takes to run a catering company. However, a lot more goes into growing a catering business and doing it well.

Did you know that around 3.1 million people nationwide follow a gluten-free diet? Due to this, more and more restaurants are adding gluten-free options to their menus. It’s crucial that you accommodate as many patrons as possible, and one way to accomplish this is to ensure that you’re providing options to customers who have dietary restrictions.

The restaurant industry is fast paced and depends on customer satisfaction. Too often, restaurant owners focus only on the bottom line, without recognizing that productivity depends on every part of their restaurant’s operations. To combat this, your goal as a restaurant owner should be to find inefficiencies in your processes and develop ways to make improvements.

To run a successful restaurant, it’s pivotal that you stay up-to-date on the latest industry trends. Unfortunately, your role is likely extremely busy; from managing employees to purchasing inventory to providing customer service, you probably don’t have a lot of down time. Luckily, there are numerous restaurant blogs that compile information that you can utilize while running your establishment. Whether you need help with restaurant marketing or hiring the right service staff, you should check out this helpful list of restaurant blogs!

As a craft brewery owner, your job is to provide customers with a variety of beer options, helpful customer service, and an overall pleasing experience. Still, even if you’ve mastered these crucial elements, there’s always room for improvement. That’s why a small business loan can comes in handy!