The Restaurant Times

OCTOBER 14, 2021

When you open a new restaurant business or are already in one, you are supposed to keep track of everything happening in your restaurant, whether the number of waiters or the amount of inventory available. It’s critical to remain on top of your inventory and control your costs to ensure your restaurant is profitable and growing.

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Apicbase

MAY 8, 2024

MarketMan offers tools for automating invoicing, recipe costing, and food cost calculations, making it a popular choice among restaurateurs. However, with numerous similar systems available, tailored to various types of food service operations and specific use cases, you might ask, ‘Which software is the best fit for my business?’

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Sling

JUNE 4, 2023

In this article, we discuss some of the key performance indicators that all restaurant managers should know, how to calculate these important restaurant ratios, and what to do with the numbers when you’re done. 4) Prime cost percentage Prime cost restaurant ratios give you insight into your two largest costs: food and labor.

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Modern Restaurant Management

DECEMBER 28, 2021

From full service to fast-casual to legacy fast-food brands, the one constant was disruption. Labor shortages and other factors are affecting the global supply chain in never-before-seen ways, and certain commodities are intermittently not available, or if they are, they’re expensive.

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Modern Restaurant Management

JUNE 15, 2021

Inventory stock changed significantly. Lavu, the restaurant technology services company, estimates 42 percent of food purchases are made online. What’s more, consumers tend to spend extra on their food when ordering by themselves, either through kiosks or branded apps. Menus were trimmed to a fraction of original size.

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The Restaurant Times

AUGUST 10, 2020

One of the most critical expenses that restaurants in Singapore incur on a daily basis is the cost of food. Restaurant inventory is readily prone to contamination, theft, and pilferage which adds to the overall costs. Essential Restaurant Inventory Spreadsheets That Restaurant Operators In Singapore Must Maintain And Track.

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The Restaurant Times

JULY 30, 2020

A restaurant inventory comprises all the items or raw materials required to prepare dishes. As the volume of business increases, inventory management becomes a crucial part of restaurant operations. It allows you to control and maintain a smooth flow of supply and boost your overall profit. Raw Material Management.

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Social Hospitality

JULY 25, 2022

With the food tech market slated to be valued at nearly $342 billion USD by 2027 , the demand for increased technology implementation in the industry will continue to rise. And this seems to be just the beginning of a new era in the way food business owners operate. The Importance of Technology in Food Businesses.

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The Rail

MAY 9, 2024

TouchBistro highlights several ways to do this, including the improvement of communication, making payments on time, and staying on top of inventory before promotions — to highlight a few tips of several. For restaurant owners, a good working relationship is a must, particularly when it comes to vendors and suppliers.

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Apicbase

OCTOBER 28, 2022

In this article, we explore five ways to keep the back-of-house expenses of your restaurants structurally low , so that you don’t have to implement overly heavy price increases to bolster your bottom line. Overordering is the main cause of food waste and, sadly, it encourages theft by staff (who’s going to notice?).

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7 Shifts

APRIL 3, 2020

Please note thought: this article is meant to provide information only and is not a substitute for any professional advice you may receive from an accountant, lawyer, HR, or other professional. Pro tip: Look at implementing an inventory tracking system like Xtra Chef —it might be a new cost, but it will pay for itself in better food costing.

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Sling

OCTOBER 1, 2021

The solution is simple: Calculate your restaurant’s food cost percentage. In this article, we take an in-depth look at why this food cost number matters for your restaurant, how to calculate it, and the best way to optimize for success. Food Cost Percentage: Definition. What Is A Good Food Cost Percentage?

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Sling

APRIL 27, 2023

In this article, we examine the specific goals of restaurant operations management and discuss a number of ways to help you improve the program in your own business. But it’s about more than just ordering as much inventory as your storage spaces can hold and hoping for the best.

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Restaurant365

DECEMBER 6, 2021

Food waste is one of the largest areas of potential cost savings in a restaurant. This article was published in QSR Magazine. In the letter, the NRA addressed how increasing costs and limited supplies are restricting the industry’s ability to function. Menu prices have risen 4.7 percent in last 12 months alone.

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Cheetah

FEBRUARY 2, 2021

Demand Planning is the critical driver of food supply chain operations from farmer to consumer. Large enterprises across the food chain already realize the importance of demand planning, but small businesses are still anxious about making the leap. In 2013, Walmart suffered a serious in-store out-of-stock problem.

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Social Hospitality

JULY 15, 2022

With the food tech market slated to be valued at nearly $342 billion USD by 2027 , the demand for increased technology implementation in the industry will continue to rise. And this seems to be just the beginning of a new era in the way food business owners operate. That’s not all. Ghost kitchens grew from such.

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Culinary Digital

OCTOBER 23, 2023

In this article, we will explore how the use of digital tools can significantly improve dietary operations. Streamlining Foodservice Operations From order management to inventory control, digital solutions have streamlined foodservice processes to reduce errors and wait times.

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Cheetah

FEBRUARY 23, 2022

To compete, restaurants are reinventing themselves by incorporating emerging food trends into their menus – most notably by showcasing local food products and unique ingredients. But access to these trending food items, with fair pricing and reasonable logistics, has been a nightmare – until now. .

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7 Shifts

SEPTEMBER 28, 2020

People who don't work in the restaurant industry think that all there is to being a server is taking orders, bringing out food, and sorting out the bill. Restocking server side work Running out of supplies can turn a calm shift into one reminiscent of a chaotic round of Diner Dash. Don't forget to assign opening and closing duties.

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Sling

MAY 9, 2023

In this article, we discuss some of the best ways to improve your restaurant operations and introduce you to the tools that can help make that easier. 4) Minimize food waste Minimizing waste is essential because food costs are one of the largest expenses that most restaurants have to contend with.

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Sling

MAY 13, 2023

Whether you’re looking to hire employees for a fine dining establishment, a food truck, or a fast food business, you’ll need any number of restaurant positions to make up the foundation of your team. A fine dining establishment may need all 24 positions on this list, while a food truck may only need three or four.

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Restaurant Engine

NOVEMBER 24, 2021

Manage your food costs and watch your restaurant grow and thrive. Food prices are rising across the board, and this affects restaurants just like yours. As a food service entrepreneur, you want to control your costs as much as possible, so you don’t have to drastically increase menu prices and pass them on to your customers.

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Restaurant365

MARCH 23, 2022

This article was written by Tony Smith, C hief Executive Officer and a Co-founder of Restaurant365 and featured in QSR. When you misjudge ordering or overspend on food cost, it directly affects your bottom line. Customized forecasting based on historical data helps you improve restaurant operations by reducing food costs over time.

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Restaurant Engine

JULY 13, 2022

In this article, we look at how paying attention to your productivity levels will enhance the success of your business. 1: Inventory Management. One of the best ways to improve your restaurant’s productivity is using your POS system’s inventory management feature. First, you have an accurate count of your inventory.

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EATER

DECEMBER 14, 2021

Supply chain disruptions were a theme of 2021, but thanks to viral recipes, some ingredients were hit especially hard I learned a hard lesson on a recent trip to my local Asian supermarket, Tan A. The article went on to recommend that readers run out and buy Kewpie immediately, “as TikTok-famous products tend to sell out fast.”

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7 Shifts

DECEMBER 8, 2020

This article will arm you with ideas for restaurant employee contests. And social media is no slouch, either: actively follow and engage with restaurants on social media, 74% say they are more likely to visit or order food from those establishments. for some of their favorites. ) for some of their favorites. Then, put it to a vote!

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7 Shifts

APRIL 9, 2020

Whether you have been offering delivery and takeout for years, or have had to make a recent pivot during the COVID-19 pandemic, it is important to know which food travels best for delivery—and how to change up your menu to stay profitable while dine-in isn't an option.

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Perfect Daily Grind

MARCH 20, 2023

You may also like our article on how digital marketing has evolved in the coffee industry. According to sales figures from Amazon, coffee was the most popular food and beverage category in 2018. Ecommerce software needs to provide the most relevant information that we have on our coffee inventory,” Jolene adds. “If Enjoyed this?

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7 Shifts

MARCH 20, 2020

However, in the wake of COVID-19, restaurants are leaning into alternative ways to move inventory, keep staff working, and delight their guests by focusing on delivery and takeout. Restaurant status by state Off-premise consumption of your restaurant’s food is the silver lining for your business during this otherwise dark time.

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Squirrel Systems

FEBRUARY 16, 2024

In this article, we delve into the anticipated restaurant and menu trends for 2024 and explore how technology, particularly advanced point-of-sale (POS) solutions, can enable restaurateurs to ride the wave of these trends successfully. Experiential Dining The dining experience is becoming as important as the food itself.

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Restaurant Clicks

JULY 15, 2021

Food cost is the profit earned from selling food minus the cost of ingredients. Food cost is calculated as a percentage. The cost of food gives insight into how profitable a restaurant or bar is. What Food Cost Says About Your Profits. You can use inventory software to take inventory more efficiently.

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Restaurant365

FEBRUARY 4, 2022

This article was written by Morgan Harris and featured in Modern Restaurant Management. The key to operating a profitable restaurant is understanding your profits and losses, knowing how to manage food and labor costs, and making strategic decisions about expenses and investments. How to use key metrics for proper inventory.

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Restaurant365

FEBRUARY 4, 2022

This article was written by Morgan Harris and featured in Modern Restaurant Management.We The key to operating a profitable restaurant is understanding your profits and losses, knowing how to manage food and labor costs and making strategic decisions about expenses and investments. How to Use Key Metrics for Proper Inventory.

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Apicbase

JANUARY 13, 2023

This 85+ item list of food service statistics results from meticulous combing through dozens of industry reports. OUR TOP 10 In 2022, 31% of restaurants cut the number of menu items on offer to deal with the inflation and rising food costs. Accurate and timely inventory control can boost restaurant profits by 24% annually.

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Restaurant365

NOVEMBER 23, 2021

Sourcing beef and pork from smaller local producers will alleviate some supply chain headaches. This article was published in Restaurant Business. Protein demand is high as consumers return to dining in, but low supply and increased costs are impacting menu flexibility and profits. . And it’s not necessarily more expensive.

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The Restaurant Times

JANUARY 29, 2023

It means that guests love your food so much that one location just won’t cut it. This article will discuss the different challenges of the multi-location restaurant business and how you can overcome them to oversee teams across multiple locations and ensure a consistent guest experience. across sites.

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Xtra Chef

AUGUST 12, 2020

Food costs are one of the most significant factors of a restaurant’s success. Knowing your restaurant food costs helps with menu pricing, affects prime costs, and plays an integral part in remaining profitable. But managing restaurant food costs can be challenging. What’s in The Restaurant Food Costs Guide?

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