Five ways to boost bar profits
Many of today’s trendy bars are all about star mixologists, molecular cocktails, craft beers on tap and boutique wines. But stocking the latest exotics and creating mixology moments doesn’t necessarily boost the bottom line. Here’s how a bunch of business-minded bar managers go beyond the dazzle to stay in the black.
Food
The steaks get higher
It’s going to be a tough year for steak lovers. Operators are seeing higher beef costs—and menu prices are inching up as a result. Several factors are contributing to this trend, according to research by the Beef Checkoff.