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15 Restaurant Metrics to Know and How To Use Them

7 Shifts

Break-even point. Sales per labor hour. You can now determine what percentage this is off your overall sales to get a picture of your restaurant's financial health. Business is often a game of numbers, and restaurants are no exception. If it's not measured, it won't be managed. Table of Contents: Cost of Goods Sold.

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Online Ordering: A Business Survival Guide

Deliverect

By 2015, the rise of online ordering began to overtake phone ordering, and by 2016, three percent of the 61 billion U.S. By 2015, the rise of online ordering began to overtake phone ordering, and by 2016, three percent of the 61 billion U.S. eCommerce sales jumped by 92.7 The Inception of Online Ordering. in April and May.

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Restaurant’s Need to Start Accepting Mobile Payments

Lavu

In addition, the mobile payment can be integrated with a loyalty program to boost sales. At the center of mobile payments is the mobile point of sale (POS) system with payment processing capabilities. Apart from accepting cash and card payments, mobile payments have grown to be the next big thing. What is Mobile Payment?

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MRM Research Roundup: Mid-April 2020 Edition

Modern Restaurant Management

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features the dismal March restaurant sales, security, loyalty, trends and teen consumer behaviors. March Sales Decline. Same-store sales for restaurants dropped by 28.3 Same-store sales for restaurants dropped by 28.3 percent in March.

2020 196
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Tired of Tablet Hell

Foodable

Founded in 2015, Chowly specializes in innovative technology solutions for the restaurant and hospitality industry. Founded in 2015, Chowly specializes in innovative technology solutions for the restaurant and hospitality industry. SOURCE: chowly.com. Listen to "32. Tired of Tablet Hell" on Spreaker.

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Online Ordering: A Business Survival Guide

Deliverect

By 2015, the rise of online ordering began to overtake phone ordering, and by 2016, three percent of the 61 billion U.S. By 2015, the rise of online ordering began to overtake phone ordering, and by 2016, three percent of the 61 billion U.S. eCommerce sales jumped by 92.7 The Inception of Online Ordering. in April and May.

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MRM Research Roundup: End-of-February 2020 Edition

Modern Restaurant Management

Key findings regarding economic conditions include: Restaurant industry sales are projected to reach a record $899 billion in 2020, with the moderate four percent growth rate mirroring general economic conditions. 2020 State of the Restaurant Industry. Opportunity lies in off-premises. Off-premises will be a prominent force of growth in 2020.

2020 192