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15 Restaurant Metrics to Know and How To Use Them

7 Shifts

Numbers can give us insights into everything from profits and losses to average customer spend to how often employees cycle through. Employee turnover rate. Ideal menu price. Your CoGSs is an essential number to have when determining your menu prices, inventory and impacts your net profit margin. Employee Turnover Rate.

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Coffee News Recap, 24 Mar: Winners of first-ever Global Coffee Awards announced at PRF El Salvador, Starbucks welcomes new CEO as workers strike at over 100 US locations & other stories

Perfect Daily Grind

GoodNews, which operates 25 stores across Barcelona, Madrid, and Paris, is now one of around 160 coffee-related B-Corp companies in the world. The Israeli food and beverage manufacturer says despite high green coffee prices and rising energy costs, it experienced strong growth in coffee sales in both Brazil and Eastern Europe.

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The Museum of Ice Cream’s Not Only an Instagram Fantasy, It’s Also a Nightmare Workplace

EATER

For nearly $40 — considerably more than the ticket price at most museums that show actual art — customers could take endless selfies in the ice cream-centric “museum.” but as the museum plans its reopening, hourly and salaried employees alike lay out a pattern of abuse and disrespect, stemming from the company’s founder.

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Restaurant Accounting Basics

Lavu

Labor costs include salaried employees, hourly wages, benefits, taxes and tips. In Washington, for example, employers must pay employees a minimum of $12 per hour as of April 2019. requires that employees receive a minimum wage of $15 per hour, which is twice the national minimum. Tipped Employees. tipped employees.

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Top 3 Essential KPIs for Ice Cream Shops

Lavu

Gourmet and artisanal ice cream prevailed in 2016, globally-inspired ice cream flavors influenced 2017 shop owners, wacky ice cream flavors were trending in 2018, and in 2019, creative ice cream vessels appear to be the new hot trend (like Booyah’s ice cream taco ). In its place, make a top-selling special flavor a permanent menu item.

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MRM Research Roundup: Mid-September 2021 Edition

Modern Restaurant Management

In a survey of 4,079 small business owners conducted from 8/15 to 9/13/21, 66 percent reported having a "very difficult" time finding the right employees to fill open roles, many of which are necessary to help them drive revenue and rebound. In July, 47 percent couldn't hire enough employees. Dining Trends in Canada.

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Restaurant Industry Suppliers: Time to Retool and Realign

Aaron Allen & Associates

Between 2015 and 2017, Chipotle had a series of foodborne illness outbreaks related to compromised food safety. As a result, between September 2015 and January 2016, the company lost $10.5B Restaurants’ purchasing power also affects what they can get from suppliers and the prices they can get. in market cap. Sanitation.