Restaurants already ave a hard enough time dealing with business as it is. It’s commonly thought that a restaurant is one of the hardest businesses to open and keep open — they just go through so much. Now, on top of what all restaurants need to do to struggle to survive, soda taxes are being imposed on the businesses. “5 ways restaurants can deal with soda taxes” has five ways restaurants can survive.

Key Takeaways:

  • The first major sugary drink tax was introduced in 2012 by New York City mayor Michael Bloomberg.
  • Over the past few years, a number of cities and counties have introduced taxes on sugary beverages, specifically soda. Restaurant operators must know how these taxes are applied, and how to insulate the bottom line.
  • The Sugary Drinks Portion Cap Rule limited the sale of beverages larger than 16 ounces. However, the rule was struck down by the New York Court of Appeals as an overreach by the city’s board of health.

“According to the Philadelphia Inquirer, Philadelphia’s tax is expected to generate tens of millions of dollars slated for pre-K programs, community schools, parks, recreation centers and libraries, as well as a tax credit for businesses that sell healthful beverages.”

http://www.nrn.com/beverage-trends/5-ways-restaurants-can-deal-soda-taxes

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A year long study of 140 restaurants showed that Panera Bread has the most loyal, satisfied customers. Over all, Panera Bread customers said they were over 58% likely to recommend the restaurant to friends. This is a higher percentage than any other competing restaurant received. Culvers, In-N-Out Burger, and Chick-Fil-A took the second, third, and fourth spots on the list. On expert suggested that restaurants with fewer stores have a more loyal fan base, and while there are some challengers to that theory in the 14, the theory seems to mostly be accurate.

Study: Panera Bread No. 1 in Customer Loyalty

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The restaurant downtrend will likely continue through this year, but brands can take steps to safeguard their growth. Late last year, MarketWatch predicted a restaurant industry recession with profit-growth expectations dropping to 2-4 percent. To combat this trend, restaurants can differentiate their product, brand, and experience. For instance, Wienerschnitzel has partnered with Motocross to entice customers with a unique menu targeted to a specific audience. Doing your research and identifying specific groups of customers is the key to this approach. As the economy grows, there will be more of a focus on atmosphere, service, and offerings like free Wi-Fi.

How Restaurants Can Survive the Economic Downturn

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His shows are better to watch to get info granted it is a little under 3 minutes but with all the blips its kind to hard to follow yes he is a good chef but this format is not what i found informative the massage is lost in the video jumping around to much.

Key Takeaways:

  • When Gordon Ramsay opened his first restaurant in London, his goal was to win Michelin three-stars. He was successful in doing so, but soon realized that winning it was the easy part.
  • Chef, TV Producer & Host Gordon Ramsey shares his advice for achieving and maintaining success.
  • How do you maintain success once you have achieved it? For Ramsay, he needed to develop the team that would run the kitchen when was he wasn’t there.

“When Gordon Ramsay opened his first restaurant in London, his goal was to win Michelin three-stars. He was successful in doing so, but soon realized that winning it was the easy part.”

http://www.restaurantnews.com/gordon-ramsays-secret-ingredient-to-sustained-success/

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