A battle of epic proportions, rising food costs have put a dent in the wallets of nearly everyone in America. Record-breaking temperatures and trace amounts of rain have wreaked havoc on crops, resulting in substantial price increases on everything from corn to soy beans. In fact, prices are expected to rise an additional 3% by the end of the year, on top of an 8% increase last year. Although some restaurateurs will choose to deal with the increases by simply raising menu prices, there are several simple things that you can do to cut costs and keep prices low for your customers.
Plant a Restaurant Garden
Controlling food costs can be as easy as placing a planter box on your restaurant’s roof or reserving an area for growing food on the terrace. In addition to saving you money, restaurant gardens have several other benefits. Attractive groupings of vegetables, fruits, and herbs add an appealing ambiance to outdoor dining areas. Colorful vegetables and fruits add a splash of color to the space, while the fragrant scent of herbs such as basil, rosemary, and thyme can trigger hunger, making guests more receptive to the entrees on your menu. Restaurant gardens also appeal to the sensibilities of guests concerned about where their food is grown. Farm to table proponents will marvel when they learn that the food on their plates was harvested only a few feet away.
Rethink Your Equipment
In the wake of rising food costs, it may seem counterintuitive to spend even more money replacing equipment. However, investing in units equipped with energy-saving features could result in huge savings for your restaurant. For example, oil conserving commercial fryers use 40% less oil and 10% less energy than traditional fryers, decreasing both raw ingredient and operational costs. Additionally, manufacturers such as Manitowoc are now offering 0% financing on units, allowing restaurant owners to affordably replace units without a lot of upfront costs.
Menu Makeover
Now is the time to scrutinize your menu. Do you have items that customers rarely order? If so, you may be losing money from ingredients that go to waste. Removing those entrees can help make your restaurant more efficient and improve your bottom line. Flexibility is also crucial when it comes to cutting menu costs. Plan to have a few substitute items that you can use when the cost of ingredients for other items spikes. Restaurants such as Sweet Tomatoes and Souplantation feature eight soups each day, but offer a total of 100 different soups, enabling the chains to effortlessly weather rising prices on countless ingredients.
Could offering healthier meals actually increase participation in your school’s lunch program? A recent study by the Kid’s Safe & Healthful Foods Project and the Health Impact Project suggests that implementing stricter nutritional guidelines for food served in schools could result in more foodservice revenue for educational institutions. Why? Many schools are losing money because students are electing to purchase food for lunch from vending machines or a la carte lines.
Every four years, Americans across the country cheer on the USA as its top athletes compete against the world in the summer Olympic Games. From living rooms and clubhouses to bars and restaurants, you’re certain to find groups of people gathered together watching the 2012 Olympic Games and eating over the next few weeks. Although the 2012 games are already in session, there’s still time to create and implement Olympic themed promotions for your restaurant or bar. Use these simple ideas to make your establishment the location of choice for celebrating the 2012 Summer Olympics.
One of the most important investments for foodservice operators,
A new culinary battle is brewing in America. On July 1, the state of California banned the sale and production of foie gras, prompting an uproar from upscale restaurant owners and diners alike. A French delicacy, foie gras, pronounced “fwah grah”, is fattened duck or goose liver served as a mousse, pate, or complete organ. Characterized by a rich buttery flavor, foie gras has been beloved by sophisticated palettes for more than 2,000 years. Why has something so timeless and popular been banned? The controversy stems from the way foie gras is produced. Ducks and geese used to produce foie gras are force fed through gavage, a technique in which a tube is inserted down the animal’s throat to feed it a steady stream of grain. Many believe that gavage is harmless to ducks and geese, who do not have gag reflexes. However, animal rights activists caution that this practice may indeed be physically painful for the animals and could cause psychological problems.
Vending machines have long been a part of the foodservice industry, dispensing soft drinks, candy, potato chips, and other snacks. Although most people have dropped a dollar or two into a vending machine to get a quick snack, many are reluctant to obtain anything other than prepackaged snack food from an automated machine. However, in many parts of the world, including Japan, food vending machines are common and popular, serving everything from eggs to fresh lobsters. Just as food trucks have revolutionized the places where food is served, several companies are seeking to change Americans’ perception of food vending machines, adding the high-tech gadgets to retail stores, airports, and other locations across the country.
Watch out America. As you watch Spiderman fight the evil Lizard on screen, another villain is lurking in the depths of the dark theatre. Unlike any other, America’s newest villain is bubbly, cold, and sweet. Soda has become the nation’s latest enemy, and if New York City Mayor Michael Bloomberg has his way, the sugary stuff could soon be history, at least in his city. Bloomberg has launched a war against soda, proposing a ban on large sugary soft drinks. The ban would outlaw sodas in excess of 16 ounces at restaurants and events in New York City. Foodservice professionals across the nation are outraged at the ban, targeted at one of the restaurant industry’s highest margin items.