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How to Calculate and Optimize Your Restaurant’s Customer Acquisition Cost (CAC)

7 Shifts

In this article: How to calculate your restaurant customer acquisition cost (CAC) How to optimize your restaurant’s CAC and reduce costs What is a good cost per customer acquisition? Many restaurants use POS systems that can differentiate between new and existing customers based on payment methods or loyalty program sign-ups.

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Average Restaurant Profit Margins: What They Are And How to Improve Yours

ChowNow

In this article, youll learn: Why every operator has to monitor their restaurant profit margins Why it can be so challenging to increase your profit margins How to improve your margin numbers Lets dig into why margins, not just sales, make or break a restaurant business. Reduce food waste by tightening portion control and tracking spoilage.

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How to Find the Target Market for Your Restaurant

ChowNow

Without a well-defined target market, restaurants risk wasting resources on strategies that dont connect and menu offerings that dont selltrying to appeal to everyone, but standing out to no one. In this article, you will learn: How to define your restaurants target market to guide your business decisions.

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How to Manage Multiple Restaurants and Locations

7 Shifts

Switching from a fast-casual concept to fine dining can allow for a nice change of pace. It makes total sense if you're reading this article and thinking to yourself, “how can I manage all of these requirements and still get some sleep at night?”. POS System. Developing a New Concept. Delegating Responsibilities.

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15 Restaurant Metrics to Know and How To Use Them

7 Shifts

In this article, we'll go into 15 key performance indicators for restaurants, why they're important, how to calculate them, and more. Total revenue data, or all of your revenue from income statements or POS sales reports. Fast-casual: 28.9%. Casual: 33.2%. Upscale casual: 30.4%. Total sales , from your POS.

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Qu’s Fall Product Release Highlights

Qu

By helping kitchens prep exactly what they need, the Production Optimization Board reduces waste, speeds up service, and ensures fresher food. Value: By improving kitchen operations, the Production Optimization Board boosts speed of service while cutting down on food waste. Article sources: (1) Hospitality Tech. The result?

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Top Restaurant POS Features To Look For In 2022

The Restaurant Times

One such new-age technology is the restaurant point of sale (POS) system. However, you must choose the ideal POS system with the right features to help you run your restaurant better and generate healthier ROI. What is a Restaurant POS System? How does a Restaurant POS System work? Cloud Technology.

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