It is well known that there are some key ingredients to a successful restaurant; strategic planning (scalability & sustainability), flawless operating systems (consistency), marketing & customer experiences (being memorable), and finally; living in the moment (profitability).
First and foremost, restaurateurs need to remember that this is a business.
Topics: Hospitality operations, Tips for hospitality managers, Tips for hoteliers, Tips for owners
Money: it's used by everyone to make sales and purchases across the globe. While this sounds like a big positive, for a hospitality business... money can make or break it. Like any business there are costs flying left, right and center which means staying on top of them all is a daily struggle.
But there's one simple tool that will help you stay on top of all your businesses finances (even the hidden ones!). That tool? The profit and loss statement.
Topics: Hospitality operations, Tips for hospitality managers, Tips for owners, Typsy news
The success of any business depends on its people. The people you hire to run your restaurant are going to make or break the longevity and profitability of your business. While tech-savviness, strong time management, and excellent interpersonal skills are desirable in any workplace, there is so much more to consider when hiring restaurant staff.
Topics: HR for hospitality venues, Hospitality career advice, Tips for owners
Another year has passed us by. It’s time to reflect and make even greater improvements in your restaurant, bar, cafe, or hospitality business. Whether you believe in developing resolutions or not, your mindset for the upcoming year needs to be about “determination”.
Topics: Hospitality operations, HR for hospitality venues, Tips for hospitality managers, Tips for owners
Employee reviews: managers dread them as much as employees do.
Despite this aversion, reviews are an integral part of building your team, whether you’re a company of 2 or 20,000.
Topics: Hospitality operations, HR for hospitality venues, Tips for hospitality managers, Tips for owners
