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How to Calculate and Improve Your Bar’s Profit Margin

7 Shifts

In this article: How to calculate your profit margin for your bar What is the average profit margin for bars? Consider selling food or merchandise If you aren’t doing it yet, consider selling food or merchandise to increase your bar's profit margin and create new streams of revenue.

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Is Your Ice Cream Too Cold? Lessons in Fighting Friendly Fraud

Modern Restaurant Management

A milestone in shaping this admittedly problematic landscape came in 2015, when the EMV liability shift took place, as Pay Junction’s EMV article explains. Liability and Friendly Fraud. What’s in a Chargeback?

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How to Prepare Your Café For The Festive Season

Perfect Daily Grind

It’s the perfect opportunity for you to sell gifts such as specialty roasted coffee, brewing gear, and other related merchandise. . If your café doesn’t stock much merchandise or wants to avoid the risk that comes with having excess stock that will date quickly, gift cards are a great option. Want to read more articles like this?

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Are specialty coffee shops becoming more common in airports?

Perfect Daily Grind

You may also like our article on whether airlines are starting to offer better coffee. As well as beverages, coffee shops should also think about their retail products, such as whole bean coffee, merchandise, and brewing equipment. “A Then read our article on understanding the self-serve coffee machine market. Enjoyed this?

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Using software and data to improve performance in coffee shops

Perfect Daily Grind

You may also like our article on how technology has changed in the coffee industry over the last few years. Task management software can ensure that these duties are completed, as well as checking if any have been missed – such as cleaning equipment and restocking retail coffee bags and merchandise. Enjoyed this? Perfect Daily Grind.

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Facebook Scammers Stole Hundreds of Thousands of Dollars Posing as Luxury Restaurant Suppliers

EATER

There was an article on my news stream about warning signs for scam emails and this basically involved everything they listed: the poor grammar, the typos, the too-good-to-be-true, the immediacy. As a company, it’s a shitty feeling when people are getting ripped off because they think they’re buying your merchandise.”.

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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.