Published July 27, 2017

Restaurant operating costs rise above 50% turnover

Operating costs for restaurants accounts for more than half of their turnover. As minimum wage has increased, restaurant businesses have taken a hit. There is also fear associated with Brexit and how that will affect business expenses. That could cause a period of instability for certain businesses. If restaurants take a hit, entire city centers could be hurt also. Even if businesses do grow, that growth is temporary and unstable. If businesses do not provide support, such as access to labor, then the business could find itself in hard times.

Read more: Restaurant operating costs rise above 50% turnover

Related Post:
  1. The U.S. Has More Breweries Than Ever Before
  2. Street food trading platform StreetDots to expand network
  3. Customers’ most-craved fries
  4. How Restaurants Can Survive the Economic Downturn
  5. Chefs recommend best meals with new app
  6. Why Waiters Make Great Parents
  7. Trends operators wish would die in 2017
  8. OpenTable Reveals 100 Most Scenic Restaurants in America for 2017
  9. Chipotle, Rising From the Ashes
  10. Survey: Full-service restaurants lag behind quick service