Upcoming Events & Tradeshows
Sonny’s BBQ is a regional restaurant chain with 110 locations in the Southeastern united states. They started in Gainesville, FL in 1968 as a local BBQ joint and have held true to their roots even as they have grown. In 2013, the company underwent a brand refresh to revitalize their focus on the craft of true quality, slow-smoked BBQ and their local Pitmasters. This exciting refresh reconnected Sonny’s BBQ with the modern audience and spurred a corporate interest for more updated management and data analysis strategies.
Wedgewood Weddings offers customized wedding and special event packages in 37 venues across the country. Since the company was founded in 1986, Wedgewood Weddings has earned its name for managing premier special events with all-inclusive packages and a stress-free customer experience.
At Restaurant Magic we are very proud of our commitment to customers and our team’s ability to actively solve any challenge that is put in front of them. We traditionally create case studies to demonstrate these values, but recently received an email from one of our long-standing clients that we felt could speak for itself. We applaud Mike Constanza, Kevin Rood, and the rest of our team members. We also thank Dave Diamond at TooJay’s Deli for taking time to recognize our team!
Military Deli And Bakery Services, Inc. (MDBS) is a subcontractor to the Defense Commissary Agency that supplies deli and bakery goods in over 100 commissaries across the United States. Their locations are spread across the nation and include remote locations such as Alaska, Hawaii, and North Dakota. The specialized aspects of working with the Defense Commissary Agency means that MDBS’ business doesn’t fit an average mold.
October 1-3 :: FSTEC (Orlando, FL) - FSTEC is attended by 1,000 of the most progressive restaurant executives and has been the center for CIOs, CMOs and other top executives to meet and discuss ways to innovate and accelerate their businesses.
October 7-9 :: Fast Casual Summit (Seattle, WA) - This exclusive event is reserved for top-level restaurant executives — leaders and innovators of the fast casual industry. They bring together an experienced group of restaurant professionals whose common interests and concerns are brought to the table for open discussion in a fun and relaxing environment.
October 15 - 18 :: PAR BRINK Software Users Group (Dallas, TX) - he conference style event will talk about the transformation of the cloud and the importance of IoT. Attendees will hear from top executives, industry leaders, and the PAR team about disruptions, revolution, market trends, conscious capitalism and more.
November 12-14 :: Restaurant Finance & Development Conference (Las Vegas, NV) - The Restaurant Finance & Development Conference is all about the “business” side of the restaurant business and is a must attend event for restaurant company owners and executives. The conference is known as the restaurant “dealmakers” event and you will find the best networking in the industry.
Most restaurant customers have experienced the extremes of meal portioning. You either feel like you’ve overpaid for a tiny dish, or you get way more food than you could possibly eat in one sitting. Both of these scenarios are not only frustrating for the customer, but bad for the restaurant.
Creating a delicious menu is one of the most exciting and satisfying parts of running a restaurant but ensuring that menu is profitably priced may be even more important for ensuring your business is a success. Don’t just ballpark the pricing on your menu items. Estimating your margins or selecting price based on competitor’s offerings can cause real problems for your bottom line. Experts say that a smartly-executed menu engineering plan can increase your profits by 10-15% on an ongoing basis. That can really add up.
Sales forecasting can make a huge impact on your restaurant. These forecasts can help you make more strategic business decisions to ensure you meet your goals or to correct issues before they become significant problems. Sales forecasts can provide guidance as to whether you need to recruit more people or pause hiring efforts, how many people should be staffed per shift, if and when you should open another location, or if you should increase or decrease your marketing budget. They can even help you manage your inventory and determine how seasonality can affect your success.
Online ordering systems are growing in the restaurant industry and awarding restaurants worldwide with additional sales revenue and improved customer experience. It’s estimated that restaurants with online food ordering systems increase their check sizes by nearly 25%. This trend is increasing efficiency among to-go orders and creating more opportunities for restaurant owners and managers.
Ironically, Limited Time Offers (LTOs) have been around for a long time in the restaurant industry, and that’s because they can yield impressive results. By offering a special menu item or deal for a short time, restaurants create a sense of urgency in their customers. This can increase excitement and drive foot traffic for new and existing customers. It’s all about boosting sales. When executed properly, LTOs really work.
For those not math inclined, the words may seem intimidating: restaurant inventory turnover ratio. But it’s important to stay on top of your inventory and manage your expenses to make sure your restaurant is profitable and thriving. You don’t need to be trained in accounting to understand the math behind this important value. If you’re responsible for the day-to-day operations of a restaurant, read on to understand more about the your restaurant’s inventory turnover ratio.
Restaurants are dynamic businesses with many moving parts. Effectively managing the operations of these businesses takes a special balance of skill, planning, and tools. Staying on top of your COGS, improving customer satisfaction, and improving your margins is as much about streamlining operations as anything else. Check out these 5 ways to improve your restaurant operations and improve your efficiency.
Customer loyalty is changing as connectivity and accessibility make it easier than ever to find more alternatives. For restaurants, this means that it’s even more important stay in front of the customer with creative marketing strategies that maximize brand exposure. Traditional advertising can be expensive, but thankfully that same connectivity have opened up several creative alternative to supplement your traditional advertising. So, what avenues for marketing prove the most meaningful and effective?
Establishing a restaurant is an exciting venture and one of the most rewarding businesses we know. A passion for food, commitment to customer service and a secret recipe or two will get you in the door. But restaurants are dynamic businesses with many moving parts. Potential restaurant owners need to consider everything from creating a new menu, to obtaining licenses, to figuring out the right kind of real estate to invest in. Be prepared to set your restaurant up for success with these 5 tips to make sure you’re covering the basics prior to opening your doors.
A strong economy and low unemployment are great for potential job seekers. However, there’s a flip side to a robust economy. For restaurant owners, this environment can make it challenging to find labor. As large companies such as Amazon, Walmart, and Target raise wages to retain and attract workers, restaurants must compete in a shrinking talent pool. This is especially true for finding younger seasonal workers to cover busy months in the restaurant industry.