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15 Restaurant Metrics to Know and How To Use Them

7 Shifts

Break-even point. Sales per labor hour. Ideal menu price. Your CoGSs is an essential number to have when determining your menu prices, inventory and impacts your net profit margin. You can now determine what percentage this is off your overall sales to get a picture of your restaurant's financial health.

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Pizza Technology Growing at an Accelerated Pace?

Aaron Allen & Associates

From online ordering to kitchen automation and pizza delivery with drones, innovation continues to be an essential part of the future of the pizza industry. Technology is Helping Pizza Chains But Killing Off Independents In 2016 we published a viral hit on the state of the industry: How Tech is Killing Off Independent Pizzerias.

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5 Proven Loyalty Program Ideas To Boost Restaurant Sales

The Restaurant Times

While there are ample other ways to boost sales, loyalty program is a reliable solution. The aim is to make the customers happy and satisfied in order to retain them. However, to keep them coming back, you still need to ensure that customers are rewarded based on the number of visits or sale volumes. Point-based Programs.

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5 Proven Loyalty Program Ideas to Boost Restaurant Sales

The Restaurant Times

While there are ample other ways to boost sales, loyalty program is a reliable solution. The aim is to make the customers happy and satisfied in order to retain them. However, to keep them coming back, you still need to ensure that customers are rewarded based on the number of visits or sale volumes. Point-based Programs.

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MRM Research Roundup: Mid-December 2019 Edition

Modern Restaurant Management

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features the great gift of a restaurant gift card, learning about event professionals, top QSR traffic and digital ordering strategies. Topline numbers show robust restaurant sales growth during November. Same-store sales growth was 1.6

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Fast-Casual: A New Dining Style for a New Generation

Lavu

Customers, especially Millennials, are looking for delicious food at affordable prices. Not surprisingly, sales for this category of restaurant have grown by 550% since 1999. However, in 2016 this is beginning to change. This occurs when congestion slows the productivity of a particular point in the service process.

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5 Reasons Why Restaurants Are Going Cashless

Lavu

Some restaurant chain owners see the transition as a step toward the future, largely because restaurant point-of-sale systems make it so easy. While 20% to 25% of Park Café’s sales were paid for in cash before the switch, Hart estimates that just 5% or 10% of customers paying in cash didn’t have a card.