Remove Article Remove Food Remove Inventory Remove Merchandise
article thumbnail

How To Calculate Inventory Turnover Ratio At Your Restaurant

The Restaurant Times

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.

article thumbnail

All You Need To Know About Starting A Successful Food Truck Business In The UAE

The Restaurant Times

Food truck business in the UAE has been around for almost ten years. Starting a food truck provides multiple advantages at once, especially pertaining to cost and mobility. Interestingly, the food truck concept has kept evolving throughout the years in the UAE and is easily the future of its food industry.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

How to Handle Temporary Restaurant Closure during COVID-19

7 Shifts

Read through our article on how to pivot your restaurant to takeout & delivery to see if leveraging these revenue channels is an option for your business. Consider things like merchandise sales, inventory sales, or private cooking lessons. Look at your historical sales and food cost reports.

article thumbnail

4 Proven Strategies Operators in Saudi Arabia Must Know To Grow Their Restaurant Profit Margin

The Restaurant Times

This article explains how restaurants in Saudi Arabia can calculate the net restaurant profit margin and improve it over a period of time. . Gross Revenue is the sales revenue generated by selling food, beverages, and merchandise plus additional gains, i.e., income from a transaction that doesn’t come from regular business operations.

article thumbnail

Point Of Sale System Cost: Why It Shouldn’t Matter

BNG Point of Sale

Additionally, you can manage inventory, and maintain live updates from each of your locations anywhere you are, all on one merchant system. It generates merchandise pricing and offers a secure way to accept payment, making it ideal for portable businesses, outside sales teams, and businesses with frequent sales such as restaurants and bars.

article thumbnail

Trends and Tactics: How to Navigate the Changing Landscape of the European Restaurant Industry

Apicbase

They make it hard for food businesses to remain competitive and turn a healthy profit. There are several ways food-service operators can leverage technology to run a lean operation, with the ultimate goal of securing more business and profits. AI tools even allow you to automate core tasks like food preparation or production.

article thumbnail

Point Of Sale System Cost: Why It Shouldn’t Matter

BNG Point of Sale

Additionally, you can manage inventory, and maintain live updates from each of your locations anywhere you are, all on one merchant system. It generates merchandise pricing and offers a secure way to accept payment, making it ideal for portable businesses, outside sales teams, and businesses with frequent sales such as restaurants and bars.