Small Business Labs

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Side Gigs for Restaurants

Small Business Labs

Meet the Ghost Franchises covers the growing number of companies franchising food concepts to existing restaurants. The restaurants that take on these franchises continue to serve their regular food and make the franchise food for delivery only. The New York Times article You’ve Heard of Ghost Kitchens.

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Digital Transformation Leading to Ghost Restaurants

Small Business Labs

Ghost restaurants are delivery only, online restaurants that skip storefronts and deliver food straight to the customer. Think Amazon for restaurants. Ghosts are much cheaper to operate than traditional restaurants. These combine to mean they pay much less in rent than traditional restaurants

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The Pandemic Accelerated Rise of Ghost (Cloud) Kitchens

Small Business Labs

Ghost restaurants are delivery only, online restaurants that skip storefronts and deliver food straight to the customer.    Key quote from a Restaurant Business article on the forecast : The firm predicts that by 2030, food delivery could account for up to a third of consumers’ $3 trillion food spend globally.

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Zagat's Future of Dining Study

Small Business Labs

Zagat, the restaurant review site favored by foodies, recently released a Future of Dining Study.  But while consumers want to return to restaurants, they've also learned some new behaviors thanks to the shutdowns.      Restaurants are, obviously, one of the most COVID impacted industries. 

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Academic Study Measures the Pandemic's Impact on Small Businesses

Small Business Labs

Not surprisingly, the largest drops in hours worked were in firms in the leisure and entertainment, beauty and personal care, and bars and restaurant industries. .  Hours worked since then have recovered, but as of early June were still 35.9% below pre-pandemic levels.

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"Everything, it seems, is a shared office these days"

Small Business Labs

This Restaurant Is a Co-Working Space Now. The article covers Spacious , a startup that transforms unused space - especially restaurants outside of meal times - into shared workspaces. And now restaurants — but only before dinnertime."   Coffee shops  are co-working spaces. 

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The Recession's Economic Damage is Widespread

Small Business Labs

Early in the pandemic, there was hope that economic damage would be limited to industries with high customer contact such as airlines, restaurants, retail, etc. .  This means almost every industry lost jobs in April. But as this index shows, almost all industries are getting hurt.