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8 Reasons Why Restaurant Workers Quit (And How to Retain Them)

7 Shifts

While money isn't everything, it's one of the biggest pain points for restaurant workers right now. We don't have to tell you that the restaurant industry has a turnover problem. As of 2019, hospitality had a national average turnover rate of 75% , and that's only grown since the pandemic. They aren't making enough money.

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How to Set Up Online Ordering for Restaurants

7 Shifts

Here are the things you should consider: Things to Consider When Choosing an Online Ordering Platform Does it integrate with my Point of Sale (POS) Will I need to add another tablet to my front of house setup? Look to your restaurant’s website provider or your point-of-sale vendor first to see if there is an integration.

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How to Calculate Gross Profit for Your Restaurant Business

Restaurant365

According to the National Restaurant Association’s State of the Industry 2021 report , “Most operators say their restaurant’s profit margin is lower than it was prior to the COVID-19 outbreak.” It can be calculated with the following formula: Gross Profit = Total Sales – CoGS. Why restaurant profit margins are low.

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COVID-19 Restaurant Industry Trends

The Restaurant Group

The COVID-19 restaurant trends seen now will likely continue well into 2021 and perhaps even 2022. The COVID-19 restaurant trends seen now will likely continue well into 2021 and perhaps even 2022. These challenges have been especially taxing on the restaurant industry and its more than 13.5 Rise of Ghost Kitchens.

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MRM Research Roundup: Mid-August 2021 Edition

Modern Restaurant Management

Consumer spending at restaurants was up +32 percent in the April-May-June 2021 quarter compared to the same quarter last year, and for a pre-pandemic view, flat compared to the same quarter in 2019. The State of the Restaurant Industry. foodservice industry. foodservice industry. “The U.S.

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How to Read a Restaurant Profit and Loss Statement

Restaurant365

This blog post was originally published on September 10, 2019 and updated on April 15, 2021. With detailed numbers about your total costs and total sales breakdowns, a P&L provides actionable insight into the strengths and weaknesses of your business. The revenue calculation pulls from restaurant menu sales data.

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How to Cook a Direwolf

EATER

It was April 2017, a seventh season of the show would air in a couple of months, and a friend had come to Chicago to attend this dinner with me, not because we loved Game of Thrones — neither of us had watched for years at that point — but because the idea of a fannish dinner was exciting. This version was dyed with squid ink.)