Published September 14, 2015
With restaurant industry sales increasing and the overall economy continuing to gain strength in the years after the recession, many fast casual restaurant concepts and chains are taking the leap and going public on Wall Street. There have been a number of IPOs even in just the last 3 years, and many more fast casual chains are poised to join them with publicly traded success. So, what makes fast casuals such a hot item for investors, and what keeps them successful once they do go public? This post from Nation’s Restaurant News has all the details.
Most of the fast casuals that have recently gone public have a few things in common, including: being backed by private equity firms or other investors, having a unique and customer-friendly concept, and continued growth plans with new locations. Having previous backing by private equity firms can help a fast casual chain prepare for the “real world” of public trading by giving the chain confidence, financial intelligence and discipline in streamlining their concept. Furthermore, diners demand a lot more from restaurant concepts these days than they ever have before, from fresher, healthier ingredients to affordable prices. For more insight into the success of restaurant IPOs, continue reading.
Read the full article here: Why IPOs Are Sizzling: 3 Ingredients for Growth
Published September 14, 2015
It takes a lot of hard work to be a good server, but it also takes some pretty specific personality traits to really excel as a waiter or waitress. This post from Shiftgig covers the opposite of that: the personality types that *don’t* make for a good server. So, if you’re hiring new servers to beef up your team, keep an eye out for these potential red flags.
Read the full article here: Server Personalities That Are No Good
Published September 14, 2015
In an attempt to keep diners informed about the ingredients that go into their body when they eat out at restaurants, New York City will be the first city to mandate warning labels on menus and restaurant signage regarding above average sodium levels. But not everyone is on board with the new decision, with many restaurants upset with the cost involved in creating new signage. This post from Nation’s Restaurant News has all the details about the mandate, and the controversy surrounding it.
Read the full article here: New York City Mandates High Sodium Labels
What’s Behind the Rise of Restaurant IPOs?
With restaurant industry sales increasing and the overall economy continuing to gain strength in the years after the recession, many fast casual restaurant concepts and chains are taking the leap and going public on Wall Street. There have been a number of IPOs even in just the last 3 years, and many more fast casual chains are poised to join them with publicly traded success. So, what makes fast casuals such a hot item for investors, and what keeps them successful once they do go public? This post from Nation’s Restaurant News has all the details.
Most of the fast casuals that have recently gone public have a few things in common, including: being backed by private equity firms or other investors, having a unique and customer-friendly concept, and continued growth plans with new locations. Having previous backing by private equity firms can help a fast casual chain prepare for the “real world” of public trading by giving the chain confidence, financial intelligence and discipline in streamlining their concept. Furthermore, diners demand a lot more from restaurant concepts these days than they ever have before, from fresher, healthier ingredients to affordable prices. For more insight into the success of restaurant IPOs, continue reading.
Read the full article here: Why IPOs Are Sizzling: 3 Ingredients for Growth
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