Restaurants are at high risk of credit card fraud. It's a risk that many restaurant operators underestimate -- and many are too confused by the technical requirements to protect their businesses effectively. In fact, while the risk is real, you can take action to protect your customers' cardholder data and to safeguard your business.
Staffing a restaurant for service and efficiency is a challenge: You dont want teenagers twiddling their thumbs in the back when things are slow at the front counter. But when the rush hits, you need all hands on deck.
With food costs on the rise, the most successful restaurant operators take great care to manage inventory and limit waste. Inventory is cash on the shelves, and waste, over-stocking, theft, and spoilage immediately impact a restaurant's bottom line -- often to the tune of thousands of dollars per year.
Executives from 17 countries gathered in London for the 2017 Restaurant Franchising & Innovation Summit — Europe last week. The event, produced by Networld Media Group, provided the opportunity for more than 100 restaurant leaders to share advice, success stories and discuss how they moved on from failure.
It was a relatively uneventful week in commodity and pizza stock trading with only moderate gains or losses on either front, suggesting that a lot of traders like to build summer vacations around the long Independence Day holiday, too.
Attorney Brian Schnell of Faegre Baker Daniels LLP offers up advice and tips on how potential franchise operators and franchisors can sidestep common disputes before the arguments move toward a court setting. Good communication and clear expectations are key.
The week before Easter found pizza operators with little to celebrate as stock values for the four brands monitored by this site continued their downward trend and there was little in the way of relief from the prices being paid for commodities.
Even with the surprises that the AlixPartners diners' preferences poll has shown this week, in many ways it still all comes down to the fact that customers want it all and they want it as cheap as they can get it.
Overall, it was a fairly costly week for pizza operators' essential commodities, though ascending cheese prices returned to reality and the stock market reality was uncharacteristically harsh on Domino's value last week.