How to Develop Exciting Menu Items Without Sacrificing Margins
At this year’s Fast Casual Executive Summit 2024, industry leaders tackled one of the most pressing challenges for multi-unit restaurant operators—how to diversify menus for growth without sacrificing margins. As the sponsor of the session “Beyond Burgers & Fries: Diversifying Your Menu for Competitive Advantage,” Consolidated Concepts proudly contributed to the discussion, with our very own expert, Luis Lara, moderating the conversation. The insights shared by industry leaders, guided by Luis’s expertise, explored how operators can create exciting new menu items while maintaining profitability.
In today’s competitive landscape, staying relevant means more than just meeting customer demands—you need to exceed them. But how do you innovate while maintaining your bottom line? At Consolidated Concepts, we help you strike that balance, ensuring you can scale for sustainable success.
Menu Innovation that Drives Growth
- Knowing Your Customers: Every successful menu starts with understanding your guests. We provide data-driven insights into customer preferences, helping you introduce trending items, from plant-based options to globally inspired dishes, that resonate with your diners and differentiate your restaurant.
- Protecting Your Margins: Creativity shouldn’t hurt your profits. We work with you to engineer your menu, strategically pricing and portioning dishes so that even your most innovative items stay cost-effective. Our menu engineering expertise ensures that each dish boosts profitability.
Technology to Streamline Menu Development
- Recipe Costing and Automation: We implement recipe costing tools that give you real-time visibility into your dish costs. This helps you make informed decisions about which items to keep, where to make adjustments, and how to maximize profit without sacrificing quality.
- Optimized Inventory and Ordering: Managing supply chains for multiple locations can be tricky, but our technology solutions streamline the process. We help you optimize inventory management and automate ordering, ensuring you always have the right ingredients on hand while minimizing waste and overspending.
Elevating Your Operations for Success
At Consolidated Concepts, innovation goes beyond just your menu. We help elevate your overall operations to meet today’s customer expectations while controlling costs.
- Supplier Partnerships: We help you form strategic relationships with suppliers to secure the best prices on high-quality ingredients, allowing you to expand your menu without inflating costs. Leveraging our network, you gain access to exclusive deals that drive profitability.
- Tailored Solutions for Growth: We know that every restaurant is unique. Our team works with you to develop custom solutions tailored to your specific needs, from menu development to supply chain optimization, ensuring your restaurant is positioned for growth and success.
Ready to innovate your menu and grow your business without sacrificing margins? Fill out the form below or click here to contact Consolidated Concepts today and learn how we can help you scale for success.