Strategic Partnerships Romano's Macaroni Grill has a history of forming strategic partnerships with various organizations, such as Mcallen Heritage Center and Olo Inc. Leveraging these partnerships and exploring collaborations with more entities in the hospitality and entertainment sectors could lead to increased brand exposure and sales opportunities.

Acquisitions and Mergers The acquisition of Sullivan's Steakhouse and being acquired by Brinker in the past showcase Romano's Macaroni Grill's involvement in mergers and acquisitions. Exploring potential targets in the restaurant industry for acquisitions can be a strategic approach to expand market share and increase revenue streams.

Market Expansion While Romano's Macaroni Grill has closed some locations like the Round Rock branch, there is an opportunity for market expansion and opening new outlets in promising locations to reach a broader customer base. Conducting market analysis and identifying areas with high demand for Italian cuisine could be a path to boost sales.

Sustainable Practices Given the current trend of consumers leaning towards sustainable and environmentally conscious brands, incorporating sustainable practices within operations, such as sourcing locally, reducing food waste, and energy efficiency, can appeal to eco-conscious customers. Promoting these initiatives could attract a new customer segment and drive sales growth.

Employee Engagement Initiatives Launching initiatives like 'Teacher Appreciation Month' not only demonstrates corporate social responsibility but also enhances employee engagement. Developing more employee-focused programs, recognition schemes, and training opportunities can lead to a motivated workforce that delivers exceptional customer service, ultimately translating into increased sales.