A Textile Engineer who spent twenty years of his life working as a professional in lifestyle and sportswear companies, Rahul Singh, CEO of The Beer Cafe was destined to be an entrepreneur. After doing a series of start-ups with a few uphills and downhills Rahul started The Beer Café at the age of 42. The popular chain has grown formidably in a short span of time and is now a well-known name … [Read more...] about The Story Behind The Beer Cafe: How Rahul Singh Created a 33 Outlet Chain in Just Three Years
While the Restaurant Industry was already reeling from the effects of Demonetization, new rulings are posing a severe threat to the future of the restaurants, especially in the Delhi NCR. Connaught Place, which seemed to slowly transition as the city’s party destination, witnessed an unfortunate event where a rooftop caved-in at Block C of the place. This tragic incident has raised … [Read more...] about Restaurants of Delhi In a Fix: Ban on Rooftop Meals, Vehicles, and Liquor in Certain Parts of the NCR
The most popular question that we often get from aspiring restaurateurs or even current restaurant owners is if it’s better to start your own standalone restaurant or acquire a Franchise of a leading Food Chain. For the first time restaurant owners it can get quite confusing; which is easier to operate, which one will give better returns, has minimal risk, etc. Running an Independent … [Read more...] about Franchise Vs Independent Restaurants- Which is the Better Route?
Despite the year 2016 being a tumultuous year for the restaurant business, Online Food Delivery witnessed a 150% growth, as per a report by the RedSeer Consulting. Online ordering and delivery platforms accounted for 30-35% of the total restaurant business. The industry had its lows in terms of investments, receiving a total funding of less than $80 million in 2016, as compared to … [Read more...] about 150% Growth in Indian Food Delivery Sector Spells Good News for Cloud Kitchen Restaurants
The much awaited Union Budget 2017 was announced by Finance Minister Arun Jaitley on 1st February 2017. While the entire Restaurant Industry had high hopes from the new budget, (having gone through a tumult with Demonetization striking the business hard, and further chaos ensuing with the announcement of Service Charge becoming optional) the Budget fell exceedingly short of … [Read more...] about What the Budget 2017 Means For The Restaurant Industry
The year 2016 has been a mixed bag of ups and downs for the Food Service Industry. With demonetization striking the restaurant business pretty hard, the year was nothing short of twists and turns, plus abrupt policy changes hurting the overall growth. Demonetization led to almost 40 percent decline in the daily sales in the first few weeks itself. The unorganized sector and the takeaway and … [Read more...] about Budget 2017: Restaurant Honchos Expect Faster Implementation of GST & Reduction in Service Tax