With an average of more than 15 years experience supporting restaurant operators, our dedicated Restaurant Finance bankers understand the opportunities and pressures of the business. As a leading national lender to restaurant owners our focused expertise allows us to quickly assess your unique financing needs and provide both practical advice and dependable solutions.
CITIZENS COMMERCIAL BANKING INSIGHTS
3 TRENDS DRIVING M&A IN THE RESTAURANT INDUSTRY
Following the end of the Great Recession, consumer spending on food outside of the home resumed, the restaurant industry recovered and competition grew. As a result, restaurant groups, private equity firms and restaurant owner-operators are turning to M&A for the right deals to grow, diversify or otherwise capitalize on the current market opportunities.
Download now to learn the three trends that industry players should be aware of in order to be successful.
OPTIMIZING YOUR RESTAURANT’S WORKING CAPITAL THROUGH EPAYABLES
Historically, restaurants have been considered cash businesses, which in turn has heavily influenced the way owners and operators managed their working capital. However, the shift to paperless payment methods are impacting the way the industry operates.
Download now and learn how restaurant owners and operators are integrating ePayables to improve and grow their access to working capital.
SETTING UP YOUR RESTAURANT FOR SUCCESS IN A RISING INTEREST RATE ENVIRONMENT
Restaurant operators must often balance changing consumer tastes with emerging competitors and the increasing costs of running a business. However, they must now face the challenges presented by a new reality – a rising interest rate environment.
Download now to learn what strategies restaurant owners and operators can proactively employ to protect their businesses against this emerging risk.
3 STRATEGIES FOR HARNESSING THE POWER OF MILLENNIAL HIRES
Millennials have officially surpassed baby boomers as the largest generation in the U.S. workforce. This age group’s fluency in modern technologies and desire for careers that contribute to the greater good can be pivotal assets for employers.
Download now to learn how restaurant owners and operators can position their businesses to attract, retain and engage Millennial hires.
RESTAURANT TAKEOUT AND DELIVERY ARE TAKING A BITE OUT OF DINE-IN TRAFFIC
As Millennials begin to make up a larger portion of the consumer population, restaurant owners and operators can expect speed and convenience to continue to garner importance. Thus, the increasing popularity of food delivery and takeout services is of little surprise. However, restaurant owners and operators who act now can protect market share and augment revenue.
Download now to learn how restaurant owners and operators can harness the popularity of delivery and takeout to benefit their businesses.
A RECIPE FOR SUCCESS: TECHNOLOGY AND THE RESTAURANT INDUSTRY
Download now for insight into how operators are incorporating technology to expedite the payment process and keep customers satisfied.