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…

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Turnkey 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…

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How 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…

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Restaurant 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…

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Restaurant 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…

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Technological 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…

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Food 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…

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A 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…

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Restaurant 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…

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Restaurant 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…

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Restaurant 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…

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Recruiting 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…

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Restaurant 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…

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Restaurant 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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