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