From movies to magazines to websites, a great deal of focus is being placed on food trucks, one of the major new restaurant industry trends. This dining segment is also showing up in smaller, non-chain restaurants that are clustered in areas along the lines of the mall dining court. Unlike mall locations, these operations are usually separate facilities. Even the food…
The dominant sources for guidance for a restaurant advisor and operators in the foodservice industry are the National Restaurant Association, Nation’s Restaurant News, and the National Potato Board. These organizations provide annual statistics relating to foodservice industry trends and comparisons that can impart invaluable information for restaurant owners or franchisees who want to keep abreast…
Some of the hotel industry is struggling right now. Whether the source is increased costs or lower revenue due to higher vacancies than expected, you may be thinking about filing for bankruptcy. Before you do this, though, you might do well to consider some alternatives to bankruptcy. Your property could recover without filing if you manage…
Banks, creditors and attorneys, who are considering foreclosure alternatives can learn more at the California Receivers Forum (CRF). Long considered the voice and reference source for state and federal receivership administration, procedures and the law, CRF has a dearth of information to help educate lenders and their professionals. As a board member and officer of…
The viability of using a restaurant receiver to resolve a dispute depends on many factors, most of which have not been studied at length. Those who lose the battle are rarely willing to contribute to the academic study. And, those who are able to do not really think much of academic studies. A restaurant, with any…
This weekly overview is about using simple promotions and adding pay-offs where appropriate as part of your every day nightclub management services. Any venue that is going to be successful in the bar, night club and food and beverage industry requires a steady stream of different happenings. Increased sales include an ongoing calendar of events,…
Finding money to finance a restaurant business plan in this economy is the single reason why many would be restaurateurs will never see their doors open. However, several food and bar operation startups find the Internet offers some would be opportunities. If you are inclined to be creative in your thinking and approach to raise…
It is no surprise to those of us charged with providing hotel asset management services that one of the single highest costs are OTAs in managing room revenues and the direct expenses associated with these Online Travel Agencies. This is often the first stop by many potential overnight guests when they are looking for rooms…
The move toward being a green restaurant and getting help to do it has been requested by Green Restaurantmany of our clients. In order to meet that need, we formed an association this month with Green Restaurant Strategies to offer and provide green consulting services. Howard Cummins, president of GRS and I have worked together…
The Bay Area Chapter of the California Receivers Forum held its March 24, 2010 program on trends in receivership that included a lender, court receiver and attorney on the speakers panel. It was very well attended at The City Club in the Financial District of San Francisco. The event which was entitled “Current Trends in…