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Restaurant Profit Margins: A No-Brainer Guide to Maximizing Your Profits

Notch

Below, you'll find a series of actionable tips, tricks, and strategies you can employ today to do exactly that! In 2016, the average net profit margin across the industry was a mere 3%. Shifts in the real estate market can raise rent. Profits equal revenue minus costs. But, what’s this look like for the average business owner?

article thumbnail

Restaurant Profit Margins: A No-Brainer Guide to Maximizing Your Profits

Notch

Below, you'll find a series of actionable tips, tricks, and strategies you can employ today to do exactly that! In 2016, the average net profit margin across the industry was a mere 3%. Shifts in the real estate market can raise rent. Profits equal revenue minus costs. But, what’s this look like for the average business owner?

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New & Notable: TEAM Schostak Celebrates 40, AI in Food Service and Beachy Tech

Modern Restaurant Management

She moved to information technology in 1994 where she was instrumental in putting in the first network and email system for SBCI. Bill formally served on the Great Lakes Franchise Association Board, Del Taco’s Franchise Marketing Advisory Council and the Finance Excellence Advisory Council for Burger King.

Food 173
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White Castle Flips for Flippy and Burma Bites

Modern Restaurant Management

Lunchbox will also focus on acquiring top-tier talent and invest in further development on its platform and expand to new markets. The restaurant is known for its rib tips and its “Magnolia Sweet” sauce, a made-from-scratch sauce and a recipe handed down from Dana Cooksey’s grandmother.