The dining out culture in India has changed drastically, and the changing food habits of the Millennial generation has had a major contribution towards this trend. Millennials or the Generation Y (people between the ages 18 and 35) make up 65% of India’s population. They are the people who are tech-savvy, are constantly exposed to the global trends and lifestyles, are well read, have extensively … [Read more...] about How the Indian Millennials’ Changing Food Habits is Impacting the Restaurant Business
Improving your restaurant’s efficiency and increasing profitability depends on various operations, and different cost factors and revenue channels. Hence, making one change will not suddenly improve your operational efficiency and increase your margins. You need to try and evaluate various factors to understand what works for your restaurant and how you can improve the health of your … [Read more...] about Decoding Restaurant Key Performance Indicators: Measure the Success of Your Restaurant
India is a land of tropical weather; with summers being the longest weather in the country. Thus, in niche food businesses, the Ice Cream business seems to be the most lucrative. Over the last couple of years, ice cream parlor business has seen some rapid innovation. Earlier roadside carts were common among the people and were frequented by mostly children and youngsters. … [Read more...] about How to Open an Ice Cream Parlor
Getting a bank loan isn't an easy process. Be it a two-wheeler loan, car loan, home loan or a business loan. Any kind of loan consists of a tedious process such as collection of financial documents, personal details, and verification. In this article, we will take you through the step by step approach to getting a bank loan for your restaurant business with or without guarantee. Yes, you can … [Read more...] about Thinking of Applying for a Loan for Your Restaurant Business? You Need to Read this First.
The Food Business has various lucrative restaurant formats that cater to the vast customer demography. Each restaurant format has its own set of target audience and requires a different type of investment, location, skills, and overall effort. But before you go ahead and decide on your restaurant format and concept, read the top 11 mistakes you should not make while running a restaurant. Top … [Read more...] about All You Need to Know to Open Various Restaurant Formats
Most of us dream of having our own restaurant business, yet there is always a fear that keeps us from actually going ahead and achieving it. Among all the anxiety, the biggest hurdle is to get capital and investments for your very own dream restaurant. In this article "Raising Funds for your Restaurant", we will take you through the different type of investments and funding and also … [Read more...] about How to Raise Funds for Your Restaurant Business