finance

Operations

Colorado school foodservice programs forfeited $700,000 in federal funds in last four years

Auditors say Colorado's school meal program forfeited $700,000 in federal dollars during four years because the money was never spent.

Operations

Catering revenue on the rise in colleges

Though a large number of operators (45%) reported that their catering revenue stayed the same in the past year, there are some promising signs of growth in certain segments, according to The Big Picture.

A number of colleges are adjusting service hours to accommodate student demand while at the same time trimming some costs. Sometimes, however, that reduction in hours is met with student dissatisfaction. 

Late-night dining, budget cuts and food trends also included in the 2013 B&I Census.

Marketing to gain new customers can be the answer to increasing sales. Looking for other sources of revenue has never been more important. Many operators are finding that one of the best ways to capt...

Number of free- and reduced-priced meals increase, too.

Restaurants traditionally rely on chicken and turkey to be menu profit makers. Usually in good supply and always a good buy in relation to other proteins, operators often turn to poultry to keep costs in check when red meats and seafood skyrocket.

  • Page 36