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Restaurant Business - Multidisciplinary Journal for Business, Management and Finance. Send papers for publication to editor@rbjournal.org

Journal of Management Studies - Restaurant Business

Aims and Scope

Restaurant Business is a globally respected, multidisciplinary journal with a long established history of excellence in management research. Restaurant Business  publishes innovative empirical and conceptual articles which advance knowledge of management and organisation broadly defined, in such fields as organization theory, organizational behaviour, human resource management, strategy, international business, entrepreneurship, innovation and critical management studies. Restaurant Business has an inclusive ethos and is open to a wide range of methodological approaches and philosophical underpinnings.

Keywords

management, studies, journal, organisational, theory, behaviour, strategy, human, resources, development, applied, reviews, book, marketing, operations, corporate, economics, business, public, sector, methods, analysis, periodical, article, theory, review

Restaurant Business (RS)  with ISSN 0097-8043 is multi-disciplinary journals for management studies, business, economics, ecommerce, finance, trade, banking, insurance, commerce, hospitality, tourism, planning, development studies and allied fields. The journal is open access and available electronically around the world.
Scopus Indexed Journal available at https://www.scopus.com/sourceid/4900152405 . Researchers can find the Restaurant Business (RS) Journal Journal Home Page with Issues and Archives at  https://journals.eduindex.org/index.php/rb/ 
UGC Approved Journal no. 10549 at https://www.ugc.ac.in/journallist/ RS is working for publication and promotion of research through https://www.restaurantbusinessjournal.com/ throughout the world. Scholars are requested to submit papers for publication in Scopus Indexed and UGC Approved journal - Restaurant Business (RS) 
Email to submit Papers for publication is editor@restaurantbusinessjournal.com 

Abstracting and Indexing Information

  • ABI/INFORM Collection (ProQuest)
  • Business ASAP (GALE Cengage)
  • Business Premium Collection (ProQuest)
  • Current Contents: Social & Behavioral Sciences (Clarivate Analytics)
  • Current Index to Statistics (ASA/IMS)
  • Emerald Management Reviews (Emerald)
  • ERA: Educational Research Abstracts Online (T&F)
  • Ergonomics Abstracts (EBSCO Publishing)
  • Expanded Academic ASAP (GALE Cengage)
  • Health Management Database (ProQuest)
  • Health Research Premium Collection (ProQuest)
  • Hospital Premium Collection (ProQuest)
  • IBR & IBZ: International Bibliographies of Periodical Literature (KG Saur)
  • InfoTrac (GALE Cengage)
  • INSPEC (IET)
  • International Political Science Abstracts (IPSA)
  • Journal Citation Reports/Social Science Edition (Clarivate Analytics)
  • OmniFile Full Text Mega Edition (HW Wilson)
  • Periodical Index Online (ProQuest)
  • Proquest Business Collection (ProQuest)
  • ProQuest Central (ProQuest)
  • ProQuest Politics Collection (ProQuest)
  • ProQuest Sociology Collection (ProQuest)
  • PsycINFO/Psychological Abstracts (APA)
  • Quality Control & Applied Statistics (Executive Sciences Institute)
  • RePEc: Research Papers in Economics
  • SCOPUS (Elsevier)
  • Social Science Premium Collection (ProQuest)
  • Social Sciences Citation Index (Clarivate Analytics)
  • VINITI (All-Russian Institute of Science & Technological Information)
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Restaurant Business (RS) with ISSN 0097-8043 is open access and peer-reviewed scientific journal

Restaurant Business (RS)  with ISSN 0097-8043
 is open access and peer-reviewed scientific journal published. Restaurant Business (RS) published three times a year (December-March, April-July, and August-November).
Restaurant Business (RS is comprised of three constructs. The word “International” refers to our mission to provide readers with relevant fields of studies and to involve authors in giving their contributions in an international scale. ”Research Journal” refers to our aim to function as a media to disseminate research findings regardless of methodological differences. ”Business Studies” refers to the boundary of the fields of studies that we serve i.e. encompassing all disciplines and paradigms related to the studies of any facet of business.
Aim
Restaurant Business (RS) is to bridge the gap between theory and practice in the area of business studies by presenting results of an empirical study, include rigorous research method and provide managerial implication to the readers.

Scope
The Restaurant Business (RS) welcomes manuscripts in business management, which includes the areas of strategic management, marketing management, finance management, organization, human resources management, and operations management.

Restaurant Business (RS)  with ISSN 0097-8043 is multi-disciplinary journals for management studies, business, economics, ecommerce, finance, trade, banking, insurance, commerce, hospitality, tourism, planning, development studies and allied fields. The journal is open access and available electronically around the world.
Scopus Indexed Journal available at https://www.scopus.com/sourceid/4900152405 . Researchers can find the Restaurant Business (RS) Journal Journal Home Page with Issues and Archives at  https://journals.eduindex.org/index.php/rb/ 
UGC Approved Journal no. 10549 at https://www.ugc.ac.in/journallist/ RS is working for publication and promotion of research through https://www.restaurantbusinessjournal.com/ throughout the world. Scholars are requested to submit papers for publication in Scopus Indexed and UGC Approved journal - Restaurant Business (RS) 
Email to submit Papers for publication is editor@restaurantbusinessjournal.com  
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Restaurant Business (RS) ISSN 0097-8043

Restaurant Business (RS)  
ISSN 0097-8043

Aims and Scope: Restaurant Business (RS)  with ISSN 0097-8043 is an international research journal, which publishes top-level work from all areas dealing with issues in international finance which impact on national and global economies. Journal publishes research articles and reviews within the whole field of global finance and economics, and it willcontinue to provide information on the latest trends and developments inthis ever-expanding subject. 


Restaurant Business (RS)  with ISSN 0097-8043 is multi-disciplinary journals for management studies, business, economics, ecommerce, finance, trade, banking, insurance, commerce, hospitality, tourism, planning, development studies and allied fields. The journal is open access and available electronically around the world.
Scopus Indexed Journal available at https://www.scopus.com/sourceid/4900152405 . Researchers can find the Restaurant Business (RS) Journal Journal Home Page with Issues and Archives at  https://journals.eduindex.org/index.php/rb/ 
UGC Approved Journal no. 10549 at https://www.ugc.ac.in/journallist/ RS is working for publication and promotion of research through https://www.restaurantbusinessjournal.com/ throughout the world. Scholars are requested to submit papers for publication in Scopus Indexed and UGC Approved journal - Restaurant Business (RS) 
Email to submit Papers for publication is editor@restaurantbusinessjournal.com  
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Restaurant Business (RS)  with ISSN 0097-8043 is a scientific quarterly pertaining to management in public and private sector institutions which publishes research results and theoretical analyses and reviews.

Theoretical papers should present new research ideas and approaches in the field management sciences. Empirical papers should be firmly embedded in the theory and prepared with the utmost care in terms of methodology. All research methods – quantitative, qualitative and mixed – are allowed in the publication. We encourage to combine theoretical and empirical elements in the papers, assuming that such publications may be of the most informative value to the potential reader.

Restaurant Business's goal is to facilitate a better understanding of the essence of management and research cooperation within the academic community and thus to have a positive influence on the world of management sciences.

Restaurant Business (RS)  with ISSN 0097-8043 publishes articles related to the following fields: human resource management, theory of organization, strategic management, corporate order, managerial economy, accounting and finance. The articles may be theoretical or empirical in nature and may be based in a variety of disciplines, such as economy, psychology, sociology and law.

Restaurant Business (RS)  with ISSN 0097-8043 is multi-disciplinary journals for management studies, business, economics, ecommerce, finance, trade, banking, insurance, commerce, hospitality, tourism, planning, development studies and allied fields. The journal is open access and available electronically around the world.
Scopus Indexed Journal available at https://www.scopus.com/sourceid/4900152405 . Researchers can find the Restaurant Business (RS) Journal Journal Home Page with Issues and Archives at  https://journals.eduindex.org/index.php/rb/ 
UGC Approved Journal no. 10549 at https://www.ugc.ac.in/journallist/ RS is working for publication and promotion of research through https://www.restaurantbusinessjournal.com/ throughout the world. Scholars are requested to submit papers for publication in Scopus Indexed and UGC Approved journal - Restaurant Business (RS) 
Email to submit Papers for publication is editor@restaurantbusinessjournal.com  
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Restaurant Business Journal

Restaurant Business (RS)  with ISSN 0097-8043 publishes original scholarly articles that apply business theories to the examination of media and the media industries. Restaurant Business focuses on the dynamics of media businesses broadly defined. It has a particular interest in the creation, operation, marketing, distribution and consumption of media businesses and their products, including newspapers, magazines, television, music, film, videogames, literature, advertising, digital/social/new media among others.

Scope of publication in Restaurant Business Journal:

  • Restaurant Business seeks empirical studies that contribute to the theoretical advancement of the field of media business studies, inspired, among others, by the business disciplines of advertising, communications, consumer behavior, economics, entrepreneurship, management, marketing, organizational behavior, organization studies and strategy;
  • Restaurant Business Journal accepts contributions from all methodological traditions, quantitative (experiments, surveys, modelling, etc.) or qualitative (ethnographies, interviews, case studies, etc.);
  • Restaurant Business Journal seeks rigor and thorough reporting in research design, measurement, sampling and statistical or qualitative analysis;
  • Restaurant Business Journal solicits papers with practical relevance for media industry practitioners, policy makers, consumers and other stakeholders in society.

Review policy:
All submitted manuscripts are subject to initial appraisal by the one of the journal editors. If the manuscript is found suitable for further consideration, it is subsequently reviewed by independent, anonymous expert referees. All reviews are double-blinded. Submissions are made via Editorial Manager. 
Restaurant Business (RS)  with ISSN 0097-8043 is multi-disciplinary journals for management studies, business, economics, ecommerce, finance, trade, banking, insurance, commerce, hospitality, tourism, planning, development studies and allied fields. The journal is open access and available electronically around the world.
Scopus Indexed Journal available at https://www.scopus.com/sourceid/4900152405 . Researchers can find the Restaurant Business (RS) Journal Journal Home Page with Issues and Archives at  https://journals.eduindex.org/index.php/rb/ 
UGC Approved Journal no. 10549 at https://www.ugc.ac.in/journallist/ RS is working for publication and promotion of research through https://www.restaurantbusinessjournal.com/ throughout the world. Scholars are requested to submit papers for publication in Scopus Indexed and UGC Approved journal - Restaurant Business (RS) 
Email to submit Papers for publication is editor@restaurantbusinessjournal.com  
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Restaurant Business (RS) Online Journal


he top-ranked journal in the field of international business, Restaurant Business (RS is multidisciplinary in scope and interdisciplinary in content and methodology, publishing content from across the the six sub-domains of international business studies:

(1) the activities, strategies, structures and decision-making processes of multinational enterprises; (2) interactions between multinational enterprises and other actors, organizations, institutions, and markets; (3) the cross-border activities of firms (e.g., intrafirm trade, finance, investment, technology transfers, offshore services); (4) how the international environment (e.g., cultural, economic, legal, political) affects the activities, strategies, structures and decision-making processes of firms; (5) the international dimensions of organizational forms (e.g., strategic alliances, mergers and acquisitions) and activities (e.g., entrepreneurship, knowledge-based competition, corporate governance); and (6) cross-country comparative studies of businesses, business processes and organizational behavior in different countries and environments.


Restaurant Business (RS)  with ISSN 0097-8043 is multi-disciplinary journals for management studies, business, economics, ecommerce, finance, trade, banking, insurance, commerce, hospitality, tourism, planning, development studies and allied fields. The journal is open access and available electronically around the world.

Scopus Indexed Journal available at https://www.scopus.com/sourceid/4900152405 . Researchers can find the Restaurant Business (RS) Journal Journal Home Page with Issues and Archives at  https://journals.eduindex.org/index.php/rb/ 
UGC Approved Journal no. 10549 at https://www.ugc.ac.in/journallist/ RS is working for publication and promotion of research through https://www.restaurantbusinessjournal.com/ throughout the world. Scholars are requested to submit papers for publication in Scopus Indexed and UGC Approved journal - Restaurant Business (RS) 
Email to submit Papers for publication is editor@restaurantbusinessjournal.com  
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Restaurant Business Journal

Restaurant Business (RS)  with ISSN 0097-8043- Open Access using online manuscript submission, review and tracking systems of Allied Business Academies for quality and quick review processing.
Restaurant Business (RS)  with ISSN 0097-8043 is using Online Review and Editorial Manager Systems for quality review process. Editorial Manager System is an online submission and review system, where authors can submit manuscripts and track their progress. Reviewers can download manuscripts and submit their opinions. Editors can manage the whole submission/review/revise/publish process. Publishers can see what manuscripts are in the pipeline awaiting publication. E-mail is sent automatically to concerned persons when significant events occur.
Manuscripts number will be provided to the corresponding author within 72 hours for the respective manuscript submitted. 
  • 21 days rapid  review process with international peer-review standards.
  • Minimum turn around time for processing of manuscript from submission to publication is 45 days.
  • Manuscript will be published within 7days after acceptance.
Restaurant Business (RS)  with ISSN 0097-8043 is multi-disciplinary journals for management studies, business, economics, ecommerce, finance, trade, banking, insurance, commerce, hospitality, tourism, planning, development studies and allied fields. The journal is open access and available electronically around the world.
Scopus Indexed Journal available at https://www.scopus.com/sourceid/4900152405 . Researchers can find the Restaurant Business (RS) Journal Journal Home Page with Issues and Archives at  https://journals.eduindex.org/index.php/rb/ 
UGC Approved Journal no. 10549 at https://www.ugc.ac.in/journallist/ RS is working for publication and promotion of research through https://www.restaurantbusinessjournal.com/ throughout the world. Scholars are requested to submit papers for publication in Scopus Indexed and UGC Approved journal - Restaurant Business (RS) 
Email to submit Papers for publication is editor@restaurantbusinessjournal.com  
Share:

Restaurant Business (RS) with ISSN 0097-8043

Restaurant Business (RS)  with ISSN 0097-8043 offers an open access platform to discuss the latest research findings and developments in this field by publishing original research in this field. Affiliated to allied academy, this journal enjoys an acceptance rate of 25%. 
 
Restaurant Business (RS) journal caters to a vast section of business professionals, policy makers, business school students, academicians, researchers and practicing marketing, finance, economics, business law and human resource development professionals by publishing exclusive case studies, research articles, reviews, analysis, commentaries and opinion articles following applied and qualitative research techniques in business and business issues. More information on the types of manuscripts published and the categories of research accepted are displayed in the journal matrix section of this website.
 
Sponsored by EduIndex, the journal adheres to double blind peer review process to enhance quality and originality. The journal thus covers a wide category of topics in this field including, but not limited to, customer relationship management, business conditions analysis, holistic management approaches critical thinking in the management of technology, international industrial development strategies, telecommunications in business, multinational business finance, capital budgeting, and business data management.

Restaurant Business (RS)  with ISSN 0097-8043 is multi-disciplinary journals for management studies, business, economics, ecommerce, finance, trade, banking, insurance, commerce, hospitality, tourism, planning, development studies and allied fields. The journal is open access and available electronically around the world.
Scopus Indexed Journal available at https://www.scopus.com/sourceid/4900152405 . Researchers can find the Restaurant Business (RS) Journal Journal Home Page with Issues and Archives at  https://journals.eduindex.org/index.php/rb/ 
UGC Approved Journal no. 10549 at https://www.ugc.ac.in/journallist/ RS is working for publication and promotion of research through https://www.restaurantbusinessjournal.com/ throughout the world. Scholars are requested to submit papers for publication in Scopus Indexed and UGC Approved journal - Restaurant Business (RS) 
Email to submit Papers for publication is editor@restaurantbusinessjournal.com  
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How to Start a Successful Restaurant

Tips for starting a successful restaurant

1. Have the right intentions

If you want to make it as a restaurant owner, you have to love what you do, Kim Strengari says. While she knew a restaurant was the right path for her, she had to work nights cleaning office buildings to make ends meet when she first opened her restaurant.
“I wanted the restaurant more than anything else in life, so the sacrifices were endless and I never minded making them,” she says.
To be successful, you’ll invest a lot of time and money—so make sure that starting a restaurant is your passion, not just a business venture you hope will make money. “It’s harder than you can imagine,” says Omer Orien, “but people do it all the time. It’s not at all dreamy.”  
In these early days, it’s also a good idea to figure out what you want your restaurant to look like. What will be your restaurant’s aesthetic? What furniture will you need to purchase to fit the theme? How will you lay your restaurant out? Trent Furniture, a British furniture company, has a great article on the topic to help you get started.
Orien says, “A lot of it has to do with figuring out what kind of environment you want to work in, what will make you feel the way you want to feel. It also doesn’t hurt to have people in your life who have an eye for design.” Orien sat down with his co-founders and built a 3-D model to plan the layout of their first location. And ultimately, they did most of the work to build out the space themselves.

2. Have a solid business plan in place

You can’t scratch a business plan out on a cocktail napkin. You need a detailed business plan that charts the course for your success. That said, we suggest beginning with a Lean Plan that keeps the business planning process simple. Think of your business plan as a living document that you return to regularly to help you plan for growth and measure your progress.
Orien says that he really got serious about his business plan when it was time to grow and expand to a new location. It helped them figure out what was feasible and figure out how to move forward.
Your business plan should include market research, a comprehensive look at your competitors, information on your target audience, an outline of your marketing plan, and a solid financial and budgeting projection. To get you started, check out these templates specifically for restaurant planning, or check out LivePlan business planning software, that will walk you through the process. As you think about what you want your restaurant to look like, don’t forget to keep an eye on industry trends. As with any startup, timing is key.

Pay special attention to your marketing plan

You can only rely on word of mouth to bring in so many customers, so you’ll need a marketing plan in place to keep new people streaming through your doors.
Here are a few ideas:
  • Participate in community events and give out food samples
  • Offer discounts to new customers
  • Join the local business association
  • Utilize social media channels

3. Location, location, location

With a restaurant, location is everything. You need a spot that draws crowds, is easily accessible, and has the potential for growth. Of course, you need a location that fits within your budget too.
It makes sense to take your time, as you’re looking for the right space. You might also want to do some research to find out of there are any startup incubator spaces for restaurants that you can join to keep initial costs low and that might come with mentorship opportunities. Whether you decide to rent space or build from scratch, selecting a location is one of the biggest decisions you’ll make as an owner. But you don’t have to do a huge build out at first.
When Orien was ready to launch Off the Waffle, he says he only had $3,000 to get the business started. “It sounds impossible,” he says, “but we found a bunch of hacks to make it work. We found a house that was actually in a commercial zone, so we were able to live and work in the same place.”
Orien’s three locations are all dedicated restaurant spaces, but it’s a good reminder to start small. “Once you’re $300,000 into a buildout for your location, it’s not like a house that you can just sell. There’s not a lot of retained value, he says. You’re sort of stuck with it.” So it makes sense to think it all through and test a smaller scale version before taking a huge and expensive leap.
The menu at Stella Blu.

4. Test your menu

Approach building your menu like an experiment. Consider having a dinner party featuring your proposed menu where you ask people for their honest feedback.
But don’t just invite your closest friends and family members. You might love the taste of a certain dish, but if customers won’t pay for it or aren’t keen on its taste, you won’t make money. When you ask for feedback, consider using a method that allows anonymous comments so that you get people’s honest reactions. Do your market research. Visit other restaurants to get a sense of appropriate pricing.
Orien says that when Off the Waffle first launched, there were only two items on the menu: a liege waffle and a glass of milk. He tested a lot of different ideas, including folding ingredients into the waffle dough and stuffing waffles like a pita pocket. Those approaches didn’t really delight their customers. So they moved on to interesting waffle toppings, and people loved it.

5. Hire essential help

How many people do you need on staff to get started? Some restaurant pros advocate for bringing on a manager prior to opening day, but think through your biggest needs. Do you need a dishwasher? How many cooks? What about servers? Take your time as you hire staff. Consider doing a soft opening so you can see how smoothly things run with just a few essential positions.
When Orien launched his first restaurant, the only employees were family. They scaled up slowly, but now they have around 50 employees working at their three locations. “When we started, we were newbies, so if we hired too quickly, we would have had trouble paying people a salary that would have brought in people with enough skills to make up for our inexperience. Over time, we learned how to do all the roles.” But now, he says if he opened a fourth location, it would be a natural progression to hire a manager right off the bat. He’s in a better position to be able to train them well.

Invest in training your employees

To better manage your staff, make sure you have employee training materials ready. Create job descriptions, codes of conduct, and an employee handbook. Create a training guide so employees are well prepared for their respective positions. Document recipes for your cooks so every meal is made to perfection. In other words, give your employees all of the necessary tools to succeed, Macejewski says.

Be willing to fill in where needed

As the owner, you can’t have an ego, Strengari says. If your idea of owning a restaurant is walking around in a pretty dress and makeup and asking customers what they think of the food, you’ll be in for a surprise. You have to be willing to do every job. From chopping vegetables to seating customers, you’ll have to fill in from time to time.

Watch your labor costs

A lot of restaurateurs have the urge to hire, hire, hire. While you will probably need to hire some staff to make your restaurant a success, don’t go overboard. Paying employees can be daunting, especially in the first few months when you’re not making a lot of money. It’s not always easy to figure out how many staff to hire the right amount of staff, Macejewski says.
“It’s tough to plan for if you are seasonal or have sporadic business, but you don’t want people on the clock if you don’t have the business,” she says. “You can’t afford it.”

6. Secure funding and manage your cash flow

Generate startup capital: As with every business, make sure you know how much money you need to get your restaurant off the ground.
You’ll need three pools of money. The first pool is for one-time costs like equipment (check out this calculator to help you figure out startup costs). The second pool is to cover the restaurant expenses for at least six months, and the third pool is to cover your personal bills for at least six months. You’ll want to have at least six months of cushion because you’ll probably find that your expenses outpace your revenue for at least that long.
Plan to lose money for the first six months: Restaurants aren’t profitable overnight. It takes time to market your new place, attract a crowd, and get people to come back for more. Some say you shouldn’t plan on making money for at least the first six months.
Plan for bumps in the road: It’s easy to go over budget when you’re first starting out, so make sure that you have some additional money to cover the unexpected. If you’re not sure about how to do this, consider a business line of credit.
When you do hit a bump, evaluate the numbers and your processes, Lambrine Macejewski says. For example, when she first opened her restaurant, she realized her food costs were too high. She called her vendors and switched from a five-day delivery schedule to a two-day schedule. She saved the money she needed by investigating the problem and looking for a solution.
Watch your food cost: You’re in the business of making food, but if your food costs are out of line you’ll end up losing money. Make sure you keep track of your inventory, prepare food well, avoid waste, and keep prices competitive.

7. Keep marketing

You can’t depend on repeat customers, so you’ll need to keep your marketing efforts up to make sure your revenue stream doesn’t thin out. Establish a strong social media presence, try an ad in your local paper, participate in the local fair, or host a small non-profit get together at your restaurant to keep marketing your business.
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UGC Approved Restaurant Business


Restaurant Business (RS)  with ISSN 0097-8043 is multi-disciplinary journals for management studies, business, economics, ecommerce, finance, trade, banking, insurance, commerce, hospitality, tourism, planning, development studies and allied fields. The journal is open access and available electronically around the world.
Scopus Indexed Journal available at https://www.scopus.com/sourceid/4900152405 . Researchers can find the Restaurant Business (RS) Journal Journal Home Page with Issues and Archives at  https://journals.eduindex.org/index.php/rb/ 
UGC Approved Journal no. 10549 at https://www.ugc.ac.in/journallist/ IJAST is working for publication and promotion of research through https://www.restaurantbusinessjournal.com/ throughout the world. Scholars are requested to submit papers for publication in Scopus Indexed and UGC Approved journal - Restaurant Business (RS) 
Email to submit Papers for publication is editor@restaurantbusinessjournal.com  
Share: