Remove 2000 Remove Dine-in Remove Specials
article thumbnail

7 Strategies To Increase Your Restaurant’s Average Order Volume (AOV)

ChowNow

In this case, that will be: $2000 revenue 50 orders = $40 AOV For the day, your AOV is $40you can use this same math to identify your AOV on a monthly or yearly timeline. Example: Date Night Special 2 steaks, 1 appetizer, and a chocolate lava cake for $70. Finding your AOV is actually quite simple.

article thumbnail

MRM Research Roundup: Experimentation, Valentine’s Vibe Shift, and Wine Cork Market

Modern Restaurant Management

The research found that businesses worldwide – particularly restaurants – intend to experiment more in 2025, especially with customer retention programs like loyalty, as they face the triple challenge of sustained high inflation, shrinking consumer wallets and the need to raise prices across the board. ” A Year of Challenges U.S.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Cost Accounting for Restaurants: A Step-by-Step Guide

Paper Chase Accountancy

Well, cost accounting for restaurants is a specialized form of accounting that focuses on capturing a restaurant’s total cost of production by assessing the cost of goods sold, labor costs, and overhead costs. Yet, it’s an area no restaurateur can afford to ignore.

article thumbnail

The Top 30 BBQ Spots in Alabama Ranked

Restaurant Clicks

All across the state, you’ll find spots that take pride in cooking low and slow, using methods passed down over generations. These places don’t chase trends. They focus on what works, keeping the flavors simple and letting the smoke speak for itself. In this article, we’ve put together a list of the 30 best BBQ spots in Alabama.

article thumbnail

Types of POS Systems: Which One Is Right for Your Business in 2025?

Lavu

With technology playing a bigger role in dining, your POS system needs to handle payments, manage orders, track inventory, and even help with staff scheduling. Mobile POS Systems Mobile POS systems transform smartphones and tablets into powerful tools for managing orders and payments directly from the dining area.

POS
article thumbnail

MRM Research Roundup: Delivery Fraud, the Playground Effect, and Top 100 Places to Eat

Modern Restaurant Management

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features Yelp's Top Places to Eat in the U.S., decline in veganism, shift away from seed oils, Starbucks Monday, and spirts holding steady. Independent operators feel the squeeze the most. On a year-over-year basis, small business sales (+2.1

article thumbnail

MRM Research Roundup: To-Go Trends, State of the Plate, and Black Market Reservations

Modern Restaurant Management

Off-Premises Dining Is Essential Nearly 75 percent of all restaurant traffic now happens off-premises—meaning that almost three out of four restaurant orders are taken to go. “Off-premises dining has become a key revenue driver and an essential way to engage consumers,” said Dr. .