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NAICS Code 722310-09 Description (8-Digit)

Restaurant management is a subdivision of the food service contractor industry that involves overseeing the daily operations of a restaurant. This includes managing staff, ensuring customer satisfaction, maintaining inventory levels, and maximizing profits. Restaurant managers are responsible for creating a welcoming atmosphere for customers, managing budgets, and ensuring that all health and safety regulations are met. They must also be able to adapt to changing market trends and customer preferences in order to remain competitive in the industry.

Hierarchy Navigation for NAICS Code 722310-09

Parent Code (less specific)

Tools

Tools commonly used in the Restaurant Management industry for day-to-day tasks and operations.

  • Point of Sale (POS) systems
  • Inventory management software
  • Reservation management software
  • Employee scheduling software
  • Customer feedback platforms
  • Food costing software
  • Menu design software
  • Social media management tools
  • Online ordering platforms
  • Table management software

Industry Examples of Restaurant Management

Common products and services typical of NAICS Code 722310-09, illustrating the main business activities and contributions to the market.

  • Fine dining restaurants
  • Fast food chains
  • Cafes and coffee shops
  • Sports bars
  • Family-style restaurants
  • Food trucks
  • Buffet-style restaurants
  • Catering companies
  • Hotel restaurants
  • Theme park restaurants

Certifications, Compliance and Licenses for NAICS Code 722310-09 - Restaurant Management

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • Servsafe Food Protection Manager Certification: This certification is required by many states in the US and is provided by the National Restaurant Association. It ensures that the certified individual has the knowledge and skills to handle food safely.
  • Food Handler Certification: This certification is required by many states in the US and is provided by various organizations. It ensures that the certified individual has the knowledge and skills to handle food safely.
  • Alcohol Server Certification: This certification is required by many states in the US and is provided by various organizations. It ensures that the certified individual has the knowledge and skills to serve alcohol responsibly.
  • Health Department Permit: This permit is required by all states in the US and is provided by the local health department. It ensures that the restaurant meets the health and safety standards set by the state. No link available.
  • Fire Safety Inspection: This inspection is required by many states in the US and is provided by the local fire department. It ensures that the restaurant meets the fire safety standards set by the state. No link available.

History

A concise historical narrative of NAICS Code 722310-09 covering global milestones and recent developments within the United States.

  • The Restaurant Management industry has a long and rich history dating back to ancient Rome, where the first recorded public restaurant was established. In the United States, the industry began to take shape in the late 19th century with the opening of the first fast-food chain, White Castle, in 1921. The industry continued to grow and evolve throughout the 20th century, with the introduction of drive-thru service, the rise of franchising, and the emergence of fast-casual dining. In recent years, the industry has faced challenges such as rising labor costs, changing consumer preferences, and the impact of the COVID-19 pandemic. However, it has also seen notable advancements such as the adoption of new technologies like mobile ordering and delivery services, and the increasing popularity of plant-based and sustainable food options.

Future Outlook for Restaurant Management

The anticipated future trajectory of the NAICS 722310-09 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The restaurant management industry in the USA is expected to continue growing in the coming years. The industry is projected to benefit from the increasing demand for food services, as well as the growing popularity of eating out. The industry is also expected to benefit from the increasing use of technology, which is helping to streamline operations and improve efficiency. However, the industry is also facing challenges, such as rising labor costs and increasing competition. To remain competitive, companies in the industry will need to continue to innovate and adapt to changing consumer preferences and market conditions.

Industry Innovations for NAICS Code 722310-09

Recent groundbreaking advancements and milestones in the Restaurant Management industry, reflecting notable innovations that have reshaped its landscape.

  • Ghost Kitchens: These are commercial kitchens that are used for delivery-only food businesses. They allow restaurants to expand their delivery services without the need for a physical storefront.
  • Contactless Payment Systems: With the COVID-19 pandemic, many restaurants have implemented contactless payment systems to reduce the risk of transmission. These systems allow customers to pay for their meals without having to touch a payment terminal.
  • Online Ordering: Many restaurants have implemented online ordering systems, which allow customers to place orders through a website or mobile app. This has become increasingly popular during the pandemic, as it allows customers to order food for delivery or pickup without having to interact with restaurant staff.
  • Plant-Based Options: Many restaurants are now offering plant-based options on their menus to cater to the growing demand for vegetarian and vegan food.
  • Data Analytics: Some restaurant management companies are using data analytics to improve their operations. By analyzing data on customer preferences, sales trends, and other factors, these companies can make more informed decisions about menu offerings, pricing, and marketing strategies.

NAICS Code 722310-09 - Restaurant Management

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