Immense impact of inflation on the catering industry

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Last year, inflation in Germany was higher than it has been for decades. The inflation rate was up to ten percent, which was particularly evident in the rising prices for energy and food. Restaurant owners are affected by the crisis in two ways: on the one hand, their expenses are rising due to inflation, and on the other hand, some guests are going to restaurants less often to save money. How can restaurant owners meet these challenges? Here you will find our best tips for running a better and smarter business now!

Contents

At a glance: The japan phone data savings cheat sheet for restaurant owners in a hurry
As a restaurateur, how can I position my business well in times of inflation?
1. Reduce energy costs
2. Buy more economical appliances
3. Cook more efficiently
4. Balance energy needs
5. Change the menu more often
6. Offer menu digitally
7. Redesign the menu
8. Cook seasonally
9. Shop locally
10. Offer vegetarian and vegan dishes
11. Recalculate prices
12. Reduce the share of expensive raw materials
13. Optimize existing dishes
14. Avoid food waste
15. Improve mixed calculation
16. Optimize opening hours
17. Coordinate bulk purchases
18. Retain staff with benefits in kind
19. Use digital opportunities
20. Strengthen your online presence
21. Develop additional sources of income
22. Act transparently
Conclusion: Inflation demands creativity from restaurateurs



Immense impact of inflation on the catering industry
The cost pressure on restaurateurs is higher than it has been for a long time: food is becoming more and more expensive, energy costs have reached new record levels in recent months, and the increase in the minimum wage is also causing salary costs to rise further. Since the staff themselves are also affected by inflation, the call for higher wages and salaries is getting louder - which creates further costs. Difficult times, for some restaurateurs even threatening their existence. But what can you do now?

Simply raising prices and passing on all costs to your guests is not necessarily the smartest approach at the moment. Customers also have to tighten their belts given the current prices in supermarkets and discount stores as well as high advance payments for gas and electricity. Many are therefore foregoing a visit to a restaurant or ordering cheaper dishes. Numerous statistics support this observation: