Modern Restaurant Management

NOVEMBER 15, 2022

Due to many factors including inflation and supply chain challenges, restaurant owners and operators have been faced with tough choice about raising menu prices. As food prices rise, restaurants should try to stay within their target ratio for food cost to gross food revenue in order to maintain target profits.

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Pricing Food Supply Seasonal Menu Menu 191

7 Shifts

DECEMBER 18, 2019

Get ahead of it with our 12 favorite restaurant lunch special ideas for you to feature. Why you should invest in restaurant lunch specials Increasing lunch sales is a no-brainer in the restaurant business. Lunch special ideas for restaurants As promised, here are 12 ways to get diners through your doors over the noon hour: 1.

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Specials Food Truck Seasonal Menu Social Media 362

Modern Restaurant Management

SEPTEMBER 9, 2021

The data to analyze with food is the following: food sales, food costs, sales mixture, food inventory, cost of goods sold, menu pricing, invoice reviews for accuracy of pricing, stock on hand, beginning and end of day protein counts, and daily sold items. They have to price it on the menu and add it to the inventory. Food Costs.

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Pricing Food Seasonal Menu Food Order 204

Restaurant Clicks

NOVEMBER 11, 2021

It’s a special present from the restaurant to see good happy hour deals available as long as I visit during their specified times. I love cozying up to a restaurant bar with half-price snacks, preferably full of carbs that will soak up a discount cocktail or two. Specializing in craft beer and excellent pub food, M.L.

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Specials Online Ordering Bar Food Order 117

Hot Schedules

JULY 15, 2021

Mitigating Cost Price Inflation Via Supplier Management. T echnology alone can’t affect the causes of cost price inflation. No more special cases. First, let’s talk about supplier lists. It’s good for customers too, as dishes are consistent and quality control stays high. Which leads to a better experience — and repeat visits.

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Restaurant Engine

JANUARY 27, 2021

Bring a new group of patrons to your restaurants with lunch specials. In this article, we look at how daily lunch specials can drive new patrons at your restaurant. Then you can target your daily lunch specials to them to drive new business. Offer a Fixed Price Lunch Special. Are you a mecca for college students?

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Specials Mobile Ordering Catering Social Media 116

Ken Burgin

OCTOBER 19, 2021

Operators still holding the price of meals to what they were 12 months ago are bearing the brunt of massive increases in the cost of ingredients. Setting prices is approached with fear and anxiety by many restaurant and cafe operators, but it’s a unique opportunity to use your marketing and financial skills and make more money.

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Pricing Menu Seasonal Menu Food Supply 158

Restaurant365

JANUARY 4, 2022

Restaurant inventory management plays a key role in overcoming rising food prices. Logistics challenges and labor shortages have fueled rising food prices at the wholesale level. Data from the Bureau of Labor Statistics showed the November Producer Price Index, a measure of wholesale prices, up 9.6% from a year ago.

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Inventory Pricing Management Management 148

Restaurant Business

MAY 7, 2024

Management at the daytime dining chain said it will focus instead on bringing back strong customer lures from the past.

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Specials Pricing Management Management 89

Culinary Cues

JANUARY 20, 2024

There’s a reactionary movement that I keep seeing in restaurants; a movement that assumes the answer to the restaurant bottom line is to take more and give less or give too much to justify raising prices. A menu should thus be designed and priced to make those items seem essential.

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Fine Dining Food Truck Back of House Pricing 389

Squirrel Systems

MARCH 3, 2024

In today’s competitive dining industry, maintaining profitability while keeping prices stable is a significant challenge for restaurateurs. High operating costs, fluctuating commodity prices, and the ever-evolving preferences of guests can all squeeze margins.

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Pricing Loyalty Program Waste Social Media 52

7 Shifts

OCTOBER 10, 2019

Halloween Specials and Menu Ideas for Restaurants and Bars ????? New spooky food and drink specials Unique, Halloween-themed food and drink specials are one of the most common ways bars and restaurants can spookify their business. Here are a few ideas for Halloween restaurant specials to offer this holiday season.

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Specials Bar Seasonal Menu Events 231

Cheetah

SEPTEMBER 30, 2021

Learn how this affects your business, from restaurant suppliers struggling to keep up, to rising food prices led by labor shortages and increased consumer demand for quick, cheap food. Energy prices are very high right now too. Restaurants with special needs for this period and after it should prepare well in advance.

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Food Supply Supplies Pricing Food 148

Apicbase

APRIL 13, 2023

Restaurants often cater to their most loyal patrons , and because loyal and first-time customers alike tend to pay attention to how much they’re paying for their food, changing menu prices is risky business for restaurants. As a result, dynamic pricing in restaurants hasn’t been common in the past. What is Dynamic Pricing?

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Pricing Technology Loyalty Program Seasonal Menu 98

Touch Bistro

JULY 26, 2021

We’re sharing ideas for Labor Day restaurant specials that will help you maximize profits and make your restaurant a Labor Day destination for years to come. In this article you’ll learn: How Labor Day can impact your restaurant How to plan Labor Day promotions 14 Labor Day restaurant specials to try this September. All hands on deck?

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Specials 2021 Seasonal Menu Email Marketing 99

Touch Bistro

MAY 26, 2021

Dad is king for a day, which means millions of families will be on the hunt for Father’s Day restaurant specials to mark the special occasion. Plan the right Father’s Day restaurant specials and your venue could become the spot for not only Father’s Day feasts, but also repeat business on many other days throughout the year.

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Specials 2021 Seasonal Menu Outdoor 97

Modern Restaurant Management

JUNE 17, 2020

For example, if a delivery company knows restaurant A’s customers like ordering delivery from restaurant A on Taco Tuesdays, they might start sharing more options with that customer, like lower priced Taco Tuesday specials at restaurant B. There is a high price to pay for it. Data is everything.

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Delivery Pricing Front of House Online Ordering 190

7 Shifts

MAY 23, 2024

During this time, your customers scan the menu, go through the descriptions, and review the prices before deciding. Check your menu pricing Did you know that 35% of diners consider price to be the second most important factor when choosing a restaurant? Additionally, the timing of your price hikes/lows should be considered.

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Social Media Loyalty Program SEO Email Marketing 195

Culinary Cues

OCTOBER 27, 2023

A restaurant centric operation relies on analytics, competitor analysis, surveys, budgeting, price comparisons, and knowledge of what the marketplace is comfortable with. They look for consistent, personalized quality commitments, a “yes” attitude when special requests are made, dependability, and a pricing that makes sense.

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Hiring Training Pricing Leadership 392

The Restaurant Times

FEBRUARY 7, 2023

Menu pricing is one of the most underestimated aspects of restaurant management. If your customers don’t think the prices on your menu are reasonable, how great your concept or your food is won’t matter much. This is where the concept of dynamic pricing comes in to help restaurants! What Is Dynamic Menu Pricing?

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Restaurant Clicks

DECEMBER 1, 2021

Their Special Events Room seats up to 40 in a U-shaped table configuration that allows everyone to eat and talk together. They have premium dishes at affordable prices. For private dining, they specialize in pharmaceutical events and business meetings of up to 100 guests. You’ll find Entrecôte & Co. Final Thoughts.

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Dine-in Specials Back of House Book 106

Culinary Cues

APRIL 22, 2024

Shrinkflation” is a descriptor for reducing the size of packaged goods while either keeping selling prices where they were or raising prices while portions are being reduced. Grocery stores try to eliminate cashier positions (yes, I know how hard it is to find help) and opt for self-check-out but do so without lowering prices.

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Consumer Goods Pricing Customer Experience Hospitality 284

The Restaurant Times

NOVEMBER 8, 2021

You need to carefully price your restaurant menu to make it to the top and earn as much as possible. While it’s understandable that you want to make a profit, being overly aggressive with your menu pricing can drive the customer away. It is about the right balance when applying your pricing strategies. .

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Pricing Menu Consumer Goods Seasonal Menu 59

Cheetah

SEPTEMBER 30, 2021

But the root cause of the current food chain crisis and rising food prices runs deeper than that. Learn how this affects your business, from restaurant suppliers struggling to keep up, to rising food prices led by labor shortages and increased consumer demand for quick, cheap food. Energy prices are very high right now too.

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Food Supply Supplies Pricing Food 78

Culinary Cues

DECEMBER 11, 2023

A Blue-Plate Special was a hearty meal that always included meat, potatoes, a vegetable, bread and butter, and ample amounts of coffee. Surely, I thought, a successful restaurant is built on food quality, efficient service, and fair pricing. What Meta is pointing to is something different.

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White Paper Hospitality Fine Dining Reference 319

Culinary Cues

AUGUST 21, 2023

Food was only surpassed by the breadth of wine lists and depth of distilled beverages, high priced art on the walls, enormously expensive glassware, Italian bone china plates, and custom sterling flatware. The entire experience was elevated and so were prices.

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Back of House Food Supply Government Dine-in 390

Touch Bistro

JUNE 16, 2021

Running a restaurant is no different, and if you want to be profitable and succeed over the long term, your restaurant menu pricing needs to be accurate. But, how do you accurately price your menu items? Restaurant Menu Pricing Based on Ideal Food Cost Percentage. An Example of Pricing a Menu Based on Ideal Food Cost Percentage.

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Pricing Menu Seasonal Menu Point of Sale 52

Modern Restaurant Management

APRIL 10, 2024

Adapt to Growing Price Fatigue Since the pandemic, controlling food costs has been a major challenge for restaurant operators. When prices for staple ingredients like chicken rose dramatically in 2023, restaurant operators were forced to increase their prices. Full-service menu prices climbed 4.5

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2024 2023 Loyalty Program Point of Sale 192

Notch

FEBRUARY 14, 2019

Happy hour Happy hour specials are a classic restaurant promotion designed to bring in the after-work crowd. But does running these specials actually result in an upsell? Off-peak specials Most restaurants experience a lull in the hour or two before dinner service begins. It’s a classic promotion. Found a successful formula?

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Specials Loyalty Program Seasonal Menu Point of Sale 75

Lavu

DECEMBER 20, 2019

Catered specifically to those in the restaurant industry as well as to emerging small businesses, Sourcery has the specialized ordering and inventory receipt capabilities that Bill.com lacks. Bill.com Reviews and Pricing. Pricing plans range from $29 to $59 per month per user, with the latter their most popular plan. Some users.

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Pricing Online Ordering Customer Service Small Business 78

EATER

MARCH 21, 2022

District of Columbia Attorney General Karl Racine is suing Grubhub for deceptive business practices, saying its food delivery app covertly inflates prices for diners who order through it. consumers expect that the menu prices listed on Grubhub are the same prices offered at the restaurant or on the restaurant’s website,” it says.

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Pricing Customer Service Online Ordering Restaurant Law 98

The Restaurant Times

JUNE 21, 2022

Along with your service and ambiance, restaurant menu and price innovation is a must for every restaurant that wishes to attract more customers and increase its sales. How To Market Your Restaurant’s New Menu And Pricing. This article will help you look at some of the best ways you can market your restaurant’s new menu and pricing. .

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Pricing Menu Marketing Social Media 52

7 Shifts

MAY 23, 2024

Food cost percentage When deciding how much to price your menu items, TouchBistro advises keeping the food cost percentage anywhere between 20% and 40%. Solutions can include preparing for possible changes in pricing, staffing, customer trends, and new technology. Most restaurants try to keep it at around 30% to be safe.

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Point of Sale Seasonal Menu Food Supply Cash Management 222

Culinary Cues

JANUARY 23, 2021

The baseline formula for determining selling price using an acceptable food cost percent of 30% would be: SELLING PRICE SP) = PLATE COST (PC)/FOOD COST %(FC%). If we use the same baseline formula for determining selling price: SP = $13.00 /.30. SP = $26.00 (A price that guests would be more willing to swallow).

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Modern Restaurant Management

JANUARY 15, 2024

Provide special menu options from the cities the contenders hail from – a Philly Cheesesteak if the Eagles make it or a Cuban for Miami. Is inflation still driving wing prices? The price of many staple items is continuing to increase throughout the beginning of this year.

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Food Supply Point of Sale Back of House Inventory 204

The Restaurant Times

APRIL 25, 2021

When we talk about restaurant marketing and promotion, most people think of discounts, coupons, and special offers, such as the classic buy-one-get-free deals. For one, offering special deals and discounts can be costly. Scroll down to take a look at the top special restaurant promotion ideas to spike your sales in no time.

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Specials Sports Fine Dining Email Marketing 52

Culinary Cues

APRIL 18, 2023

In all cases the expectation is at the very least – acceptable food quality, and in some cases the expectation is extraordinary food (price has much to do with expectations). Value goes way beyond price, it must include memories, excitement, personal attention, hospitality, education, and a generous dose of WOW!

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Food Truck Back of House Education Training 319