Beyond The Table: Should Your Restaurant Venture into the Retail Sector?
In recent years, it has become increasingly common for restaurants to extend their brand beyond the walls of their establishment and into the aisles of retail grocery stores. From sauces and dressings to frozen entrees and snack items, restaurants are finding new ways to capitalize on their brand recognition and expand their revenue streams. While...
Back Office Tech Stack for Foodservice
The Newest Offering from Buyers Edge Platform is a Game Changer! Back Office automation for the foodservice industry offers enhanced efficiency and improved accuracy by streamlining various processes, including accounting, AP automation, payroll, and food cost management. With continually shrinking profit margins, it’s imperative to reduce human error, maximize all cost-saving avenues, and eliminate...
Introducing a New Menu Strategizing Tool Changing the Restaurant Industry
Sundell & Associates would like to introduce you to F&B Insights, an innovative menu strategizing tool to identify and target menu items that are primed for a price increase keeping in line with your competitors. With real-time information at your fingertips, you can adjust and scale with ease, thereby increasing profitability. With F&B Insights you...
Sundell & Associates Offers Supply Chain Management Expertise
As the foodservice industry continues to grow and evolve, it has become increasingly important for businesses to have a reliable supply chain management system in place. From sourcing ingredients to managing logistics, supply chain management plays a crucial role in ensuring that foodservice businesses can operate efficiently and effectively. That’s where Sundell & Associates comes...
Restaurant and Hospitality Industry: Announcing “EBITDA-PSS”
It’s hard to believe Q1 2023 is upon us. Meetings are occurring and operators are seeking higher earnings or facing budget cuts. In an industry that’s on the heels of a pandemic, facing an era of constantly changing dining preferences, and where year over year growth is required, it’s easy to find yourself seeking revenue...
Consumer Demand Drives Plant-Based $24.8 Billion Dollar Projection
In 2019 Beyond Meat® catapulted itself to make history as one of the largest IPO pops since 2000 for companies raising more than $200M. Fast forward to March 10, 2023 – shares are hovering around $16.75, which is higher than its 52-week low of $11.03 but also sits near 92% below it’s all time high...