Insights in: Emerging Concepts
Emerging Concepts
The 4 Ways Higher Interest Rates & Real Estate Inflation Are Affecting Restaurants
In February, the National Restaurant Association's 2023 State of the Restaurant Industry Report found that 70% of operators felt that their restaurant's conditions had settled into or were on the path to the "new normal." Competition was heating up,...
EMERGINGEmerging ConceptsRestaurant Industry Insights
How Restaurants Make It Through the First Year
If you've done your research, you know that the restaurant industry is not for the faint of heart. According to the National Restaurant Association, about 1-in-3 fail the first year. Compared to small businesses in the U.S. that experience 1-in-5...
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