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‘A Core Tenet of the Hospitality Space Is that You Focus on People Over Profits’

Modern Restaurant Management

We can expect to see a prolonged period of higher egg prices through the Easter and well into 2025, according to a repor t from CoBank. The report found demand for eggs has skyrocketed , with per capita consumption growing 20 percent from 2016-2019.

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‘A Core Tenant of the Hospitality Space Is that You Focus on People Over Profits’

Modern Restaurant Management

We can expect to see a prolonged period of higher egg prices through the Easter and well into 2025, according to a repor t from CoBank. The report found demand for eggs has skyrocketed , with per capita consumption growing 20 percent from 2016-2019.

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Five Ways to Increase Sales at Your Restaurant this Valentine’s Day

Modern Restaurant Management

In fact, before COVID in 2016, both single people and couples spent a total of 35 million dollars on Valentine’s day experiences. To determine this number, look at how much your average customer would spend and increase the price. Once you decide to throw a party, you’ll want to start working on your marketing strategy.

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AI Food Intelligence and Now Serving Democracy

Modern Restaurant Management

Focused on the retail, services and restaurant industries, the SpotOn ecosystem offers powerful technology to small- and medium-sized businesses (SMBs) at a price they can afford. These include marketing, website development, omnichannel payments and point-of-sale (POS) solutions. "We're ” Tastewise Data.

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Five PR Ideas You Can Implement in Your Restaurant This Year

Modern Restaurant Management

There are countless ways to attract customers through creative PR and marketing — so much so that it can be overwhelming. If marketed effectively, the charity event will help the non-profit raise money and awareness for its cause and help the restaurant drive traffic and goodwill in the community.

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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. Prime cost doesn't include equipment, utilities, marketing, or any other costs unrelated to creating what you sell to guests.

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The Ultimate Guide to Restaurant Costs

7 Shifts

Not only do you have to manage many costs including, labor, equipment, and food—but you have to do it while dealing with inevitable price increases. A restaurant expense is a recurring payment that generates revenue like utilities, rent, payroll, or marketing. increase from 2016. Fast casual: 28.9% Casual: 33.2% Pizza: 31.3%

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