Glossary
Useful articles about the restaurant business from RENOVA Hospitality
Articles
Restaurant concept: how to create a one-of-a-kind venue
The concept is your restaurant's DNA A restaurant concept is a comprehensive system that defines everything: from the venue's philosophy to the thickness of…
ReadTurnkey restaurant opening: a complete guide
What "turnkey" means A turnkey restaurant opening is the full cycle of work from idea to the first guest. The client receives a ready, working business instead…
ReadHow to open a restaurant from scratch: a step-by-step guide
Where opening a restaurant begins Opening a restaurant from scratch is an ambitious project that requires a systematic approach. It means creating a business…
ReadRestaurant business plan: from idea to financial model
A business plan is the foundation of a profitable restaurant A restaurant business plan is a road map that determines every decision: from choosing a location…
ReadRestaurant interior design: how to create a space that works for profit
The interior is your restaurant's silent salesperson A guest forms a first impression within the first few seconds. And that impression is created by the very…
ReadTechnological design of a restaurant: from the kitchen plan to launch
The technological design is the foundation on which all of a restaurant's operational work stands A beautiful interior attracts guests, but it is the kitchen…
ReadFood cost and pricing in a restaurant
What food cost is and why it determines profit Food cost is the percentage that the cost of ingredients makes up of a dish's selling price. Put simply: how…
ReadA restaurant P&L: how to read it and manage finances
The P&L is your restaurant's financial pulse A P&L (Profit and Loss) is a profit-and-loss statement that shows how much the restaurant earned, how much it…
ReadRestaurant audit: how to find profitability reserves
Why a restaurant audit is needed A restaurant audit is a comprehensive diagnosis of the business that reveals hidden problems and untapped reserves for profit…
ReadRestaurant renovation: when and how to refresh a venue
A renovation is a reboot of the business A restaurant renovation is a comprehensive refresh of the venue: from the concept and positioning to the design, menu…
ReadRestaurant marketing: a promotion strategy from launch to scaling
Restaurant marketing is much more than Instagram Most restaurateurs put an equals sign between marketing and running social media. That is like equating…
ReadRecruiting staff for a restaurant: how to assemble a dream team
The team is the foundation of a restaurant's success You can have an ideal concept, design by a star architect, and a location on the main street — but only…
ReadRestaurant energy independence: how to protect the business from blackouts
Energy is the oxygen of the restaurant business A restaurant without electricity means defrosting refrigerators, an idle kitchen, and guests walking out. With…
ReadRestaurant consulting: what it is and why it is needed
What restaurant consulting is Restaurant consulting is professional support for the restaurant business at every stage: from idea to stable profit. It is not…
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