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LANTERN STRATEGY

OUR SERVICES

Optimizing Hospitality: Lantern Strategy's Integrated Solutions

Our goal is to empower clients to make informed decisions, enhancing operational and economic efficiency while maximizing return on investment through measurable metrics. With a structured approach across project timelines, from Pre-Development to Launch and Ongoing support, we ensure impactful outcomes for our clients.

Strategic Planning & Development

  • Concept, Vision and Ideation

  • Strategic decision-making in alignment with goals

  • Business Plan Development

  • Financial modeling and pro forma projections

  • Budgeting

  • Budget Analysis 

  • Market analysis

  • Competitive set analysis 

  • Site Evaluation

  • Location scouting and due diligence

  • LOI & Lease negotiation

  • Functional Restaurant and Bar layout for operational efficiency

  • Team coordination 

  • Clarifying workflows, establishing systems and processes

  • Decision making - align with vision and strategy

  • Opening / New Business Operations 

  • Streamlining Opening Operations 

  • Labor Modeling and Analysis

  • COGS Analysis and Reduction

  • Operations Manual

  • Daily Operations Checklists 

  • Operational Efficiency Tools 

  • Workers Comp Protocols 

  • Guest & Employee Incident Protocols 

  • POS

  • Scheduling

  • Document Management

  • Organizational Calendar

  • Project Risk Assessment

  • Risk reduction, risk management

  • Operations Analysis 

  • Standard Operating Procedures (SOPs) and Process Documents 

  • Repair and Maintenance Schedule

Operations Management

  • Wholistic Project Management 

  • Set and Oversee Contractor Timelines & Deliverables

  • Tech Stack Implementation

  • Business Administration Streamlining

  • Manage Workflow Schedules 

  • Opening Support and Managerial Training

  • Integrating Operations and Accounting functions, ensuring congruence

Administrative & Financial

  • Payroll Implementation

  • Team Formation

  • Recruiting & Onboarding Assistance 

  • Job Descriptions 

  • Scheduling 

  • Consultant and vendor Identification & Sourcing 

  • HR Policies and Procedures (non-specialist)

Human Resources

  • Management consulting and training

  • Management Coaching

  • Comprehensive Staff Training Programs 

  • Employee Development and Training

  • Manuals, Materials, and Standard Operating Procedures

Training & Coaching

  • Purchasing consulting - vendor advice, order guides

  • Purchasing coordination 

  • Vendor Relations

  • Furniture, Fixtures, and Equipment - FF&E Selection & Receiving

  • Operating Supplies & Equipment - OS&E Selection & Receiving

  • Inventory procedures

  • Supply Chain and Procurement 

  • Contract Pricing Negotiations

  • Inventory Analysis and Management

Procurement, Supply Chain & Inventory

  • Food Service Equipment Evaluation and Selection

  • Menu Development & Food Programming

  • Food Cost & Pricing Strategies 

  • Recipe Standardization 

  • Inventory Management 

  • COGS Analysis and Reduction

  • Catering & Events Programming 

  • Food Service Programming 

Food & Beverage Specific Services

  • Reputation management 

  • Community Relations

  • F&B Service Audit

  • Service Guides 

  • Guest/customer relationship management

  • Strategic problem resolution

Customer Relations & Guest Experience

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