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Driving Profitability in Restaurant Business!

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The (NRAI) will be orgainising a one-day workshop “Driving Restaurant Profitability” on January 29 in New Delhi The objective is to guide the F&B operators on how to better manage their overall business by having perfect mix of skills and mastership

The food and beverage sector has been growing at a high pace in India and will continue to do so in the coming decade. With the increasing number of Indian consumers and the evolving consumption patterns, the country is poised to see the phenomenal emergence of this sector where there will be many players introducing innovative concepts and formats for scaling up their brands.

Passion is not enough to run a restaurant successfully as many restaurants fail in the first few years of operations due to lack of expertise. One needs to have sound working knowledge of the day-to-day operations to understand the dynamics of the business. The industry is passing through a rapid phase of action and developments with several global players who have entered or eyeing to enter the country. To sustain the competition, it is important to have the right mix of skills and proficiency. Keeping these in mind, NRAI is organising a one-day workshop on “Driving Restaurant Profitability” on January 29 at New Delhi.

The highly interactive seminar will cover relevant topics such as franchising, auditing, menu engineering, and cost control and inventory management and will be presented by industry experts. These include , Founder and CEO, ; Kapil Malhotra, Director, Total Solutions; and , Assistant Vice President – Finance and Accounts Corporate, . The workshop with real time cases in point has been typically designed to equip the operators with the ability to better manage their overall business and be cognizant of the best practices. ••

Association Updates

PIL on Hookahs

A recent public interest litigation (PIL), filed by the World Lung Association, against hookahs in the Delhi High Court generated much public attention and media coverage. Premature action by the authorities against restaurants serving non-nicotine, herbal hookahs led the NRAI to join the case on behalf of the affected members. The hearings in the case are over and orders by the court are awaited.

Service Tax

Based on inputs from members, the organisation had asked for clarifications from Commissioner of Service Tax on the new Service Tax Regime which became applicable w.e.f. 01.07.2012. Replies for the same have been received. Details are already sent out to all members and information is also available on NRAI’s website www.nrai.org.

In the recent past, negative propaganda on social media against the restaurants on subject of charging service tax has caused problems for restaurateurs. This was caused by a notice issued by the Hony Secretary of Delhi High Court Bar Association.  The association had taken up the matter with service tax authorities and clarifications were issued to all members. Allegations made in the notice have been shown to be totally wrong. The organisation has also taken up the matter for rectification/withdrawal of the notice with president of the Bar Association.

FSSAI

The earlier date (August 4, 2012) for completion of all registrations/licensing with FSSAI has been extended by six months. The new deadline for completion is now February 4, 2013. All FBOs must register/obtain license as required by the due date. It is also important to ensure that all suppliers of food and beverages are also registered/licensed as per the rules. Immediate action must be initiated in this regard. Details of licensing to be obtained can be seen on http://www.fssai.gov.in/Outreach/LiceneAlter.aspx.