By Megan Prevost Many professional fields provide opportunities to grow through the pursuit of outside research and books. Taking a little time to read up on your work can pay back huge dividends in performance, but often this doesn’t ring true for fields where experience is king. Experience is the best teacher in many arenas, […]
By Tom Nightingale Ontario’s mandatory proof-of-vaccination system was scrapped on March 1. Whatever one thinks of the mandates that had been in place for nearly six months, the fact is that this is another decision made by the government at relatively short notice for one of the most beleaguered industries impacted during the pandemic. “It […]
Press Release PepsiCo announced the ten emerging food and beverage brands that will join its first collaborative accelerator program in North America. Each of the ten participating startups will receive $20,000 in grant funding and participate in a 6-month business optimization program. The Nutrition Greenhouse program is designed to accelerate the growth of these startups with personalized mentorship […]
Press release Silver Chef, Canada’s leading dedicated hospitality funding partner, recently announced $500 million dollars to provide to Canadian hospitality businesses, to help them grow and achieve their potential over the next five years. The $500 million investment is open to all Canadian hospitality businesses, including restaurants, coffee shops, pubs, clubs and franchises. This financing […]
By Sean Moon For Obsidian Group’s Peter Karamountzos, success in the foodservice business has been based on a combination of finding the right people, providing outstanding service and creating great value for the customer, all built on a solid foundation of strong family ties. As vice-president of Obsidian Group, Karamountzos oversees operations for the company’s […]
In its recently released 2017 Canadian Institutional Foodservice Market Report, fsSTRATEGY estimates total gross revenues in institutional foodservice in Canada in 2016 to be $8.5 billion or 10 per cent of total Canadian foodservice industry sales. Approximately 54 per cent of the institutional foodservice market is operated by management and staff directly employed by institutions. […]
By Jeff Mitelman Growing a restaurant business at a stable pace throughout the year can be challenging, even for the most experienced restaurant owner. The seasonality and competitive nature of the industry, changing consumer eating trends, and the ramp up costs for expansion all require savvy planning – and often an infusion of capital to […]
By Jeni Marinucci There are some changes brewing in the Canadian restaurant industry and as of now, few owners seem happy about it. Come to think of it, many patrons aren’t going to like it either. What could make each group equally as frustrated? Yes, it’s regarding alcohol rules and regulations. This time around, it […]
By Matt Rolfe Whether you’re part of a large national multi-site operation or a single location operator, the facts show that running a healthy and successful operation is simply getting harder with each month and year that passes. Costs are rising, great management and staff are increasingly difficult to find and even harder to retain, […]
By David Hopkins With the announcement of minimum wage increasing to $15 by 2019, restaurant owners in Ontario, Alberta and potentially British Columbia will not only see higher rent and utility costs, but also increases in meat prices. The surge in meat prices will add yet another level to profit challenge, making it harder for […]
