Restaurant start-up entrepreneurs are turning to creative ways to get their start in the food service business.

Franchise opportunities abound and many entrepreneurs are choosing this lower-risk route into the business, leveraging the established systems and brand recognition that comes in exchange for their royalty payment.

For a low cost start-up others are choosing to jump onto the food van trend giving them a restaurant on wheels.

And then on the leading edge of the latest trend is a hybrid of a restaurant and food truck – the food stall, where someone else provides the venue, marketing and customers and food operators turn up to sell their meals in a market style environment.

Key Takeaways:

  • Smaller chain franchises can be an easier way to start in the business for those who are new to it
  • Food trucks are a good option for those just starting out
  • Being a vendor in a food hall is a good way to start out at a lower cost

“Franchises are increasingly attractive as chains pivot toward being more tech-savvy and quality-minded.”

Read more: https://www.qsrmagazine.com/finance/tips-bootstrapping-your-first-restaurant

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Two independent and different companies have combined efforts into making integrated customer engagement and online per-ordering solutions to their clients. The partnership provides clients with a platform for online and mobile ordering facilities to help companies and restaurants to avoid lengthy queues. Businesses that want to compete in the always-changing industry, it is essential to have customer engagement in order to grow businesses. The two most important factors in helping businesses grow their revenue is customer loyalty and engagement.

Read more: Como and Preoday Announce Strategic Partnership

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Although the general feeling of economic security has declined in the United Kingdom people there are continuing to spend their money. People have noted that they have taken a hit to their pocketbooks due to things like the rising cost if food and inflation.Although the price of fuel is lower people people are still having to tighten the purse strings and pay close attention to where they spend their money. Despite this, people are continuing to spend money at bars and restaurants.

Read more: Spend on hospitality robust despite damping confidence in the economy

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People are so quick to blame millennials for things these days. But that is not fair as they have a lot to offer. People are discovering that they know a lot about the restaurant industry. Since millennials and generation Y are a big part of most restaurant customer bases it is great to have them as employees as they know what people want and what they are looking for. They have great and innovative ideas as well.

Key Takeaways:

  • Millennials challenge ideas, which brings fresh perspectives and creativity to restaurants
  • The technology skills of millennials can help bring restaurants into the digital age
  • Millennials want to be trusted, and are willing to work through conflicts

“Reese is just one of thousands of millennials finding success in the limited-service industry, and DiPaola credits many of Dat Dog’s accomplishments to employees like him.”

Read more: https://www.qsrmagazine.com/human-resources/why-millennials-are-new-lifeblood-restaurants

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