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15 Restaurant Metrics to Know and How To Use Them

7 Shifts

Ideal menu price. Your CoGSs is an essential number to have when determining your menu prices, inventory and impacts your net profit margin. It also plays a key factor in pricing your menu. Your check average can tell you a lot about your customers, menu pricing, and more. Ideal Menu Price. Employee turnover rate.

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The Six Most Common Franchise Problems (And How to Solve Them)

7 Shifts

However, you can work to mitigate your opening costs by shopping contractors and renovators in your area to see who can give you the best price, which could bring down your restaurant opening costs. Less Brand Control In late 2015, more than 40 people fell ill with E. coli after eating at Chipotle.

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Price it right: How to charge for your street food

Izettle

If you do lunchtime food in a food market in a less affluent part of the city, you have to keep your prices down. Whereas if you’re selling during dinnertime in a more posh market, you can jack the prices up a bit. Is there a way to reduce your costs and get better prices from your suppliers? First things first. Learn more here.

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Restaurant Distributor, Cheetah, Raises $60 Million

Cheetah

Cheetah is here to help stop that trend and reinvigorate small restaurants with transparent sourcing and pricing, strategic partnerships to help grow every aspect of their businesses, and an ever evolving tech platform. Since our rollout in 2015, Cheetah has developed working relationships with over 10% of all Bay Area restaurants.

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The Weekly Dozen - To Europe with Love

Sante

We don’t often find wines like this at this price. 2015 Badia a Coltibuono “Montebello” Toscano IGT ($62). 2015 Ruffino “Alauda” Toscana IGT ($81). Prices listed are generally SRP or from wine-searcher.com. 2018 Château Thivin Beaujolais Village Rosé ($18).

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A Kroger-Albertsons Merger Would Be Bad for Almost Everyone

EATER

Elijah Nouvelage/Getty Images Earlier this week, the FTC filed a lawsuit alleging that the deal would eliminate competition and raise grocery prices It’s likely that the place you shop for groceries every week is owned by one of two companies — Kroger, or Albertsons. In reality, mergers give these large companies the power to dictate prices.

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The Dozen - Price, Pedigree & Perception

Sante

Teaser: Today's lesson: You can't always tell a wine's quality or price by its appellation. Often we think of wines not for their intrinsic value as related to price but rather as to how their quality falls within the expected price range of an appellation. 2015 Belden Barns Sonoma Mountain Gruner Veltliner ($28).

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