Human resource is at the core of the hospitality industry and also accounts for the majority of its expenses. The percentage of labour costs to sales averages at 22-40% and in some cases in can be almost as high as 75%! This coupled with capital intensive nature of this industry makes running a restaurant a very costly affair. This also makes it necessary for restaurants and cafes to control their … [Read more...] about 7 Lesser Known Ways to Reduce Labour Costs in the Restaurant Business
The beginning of October marked the start of the auspicious festival of Navratri, the 10 days and 9 nights long festival. It is believed one should stop consuming onion, garlic and common salt, if not fasting during the period. While everyone was gearing up to worship goddess Durga, Domino’s India went a step further and stated that more than half of its outlets will turn fully vegetarian … [Read more...] about Domino’s Navratri Special: All Veg Menu leaving a Bad Taste in Meatlovers’ Mouths?
Twitter has 3.42 million active registered users and 1.95 million unique users visiting the site every month. These impressive numbers say a lot about the micro-blogging site’s massive user engagement. Being a restaurateur, it only makes sense to piggyback on Twitter’s vast user base to not only engage with your current customers but also reach out to new ones. It not only … [Read more...] about 8 Ways You Should be Using Twitter for Restaurant Marketing
“Where there is a will there is a way". Sagar Daryani, Co-Founder, Wow! Momo and his partner Binod Kumar have proven this statement to be true. A small business started with mere Rs 30,000, now stands at a staggering Rs 100 crore valuation in just eight years of inception. It has been able to expand its wings across eight cities and 96 stores. The very first QSR format … [Read more...] about How Sagar Daryani, Co-founder Wow! Momo, turned a Small Kiosk into a Rs 100 Crore QSR Chain
With the startup wave hitting the country, and some major disruption seen by the restaurant industry has encouraged a lot of people to start up their own restaurant venture. Professionals and home cooks alike, people are now fuelling their passion for food and getting in the food business. This article will tell you all you need to know about opening the various restaurant formats. Baking is one … [Read more...] about How to Start a Bakery Business in India
The amount of food being wasted everyday in restaurants is shocking. Lack of proper storage and over-purchase and overproduction of food results in a monumental amount of food being wasted. Looking at the statistics, wastage is one of the leading causes escalated food costs and diminishing revenue, which leads to the eventual shutting down of restaurants. However, with smart planning and efficient … [Read more...] about 5 Easy Ways to Reduce Food Wastage in Restaurants