BNG Point of Sale

OCTOBER 21, 2018

A lot of businesses tend to overlook one of the easiest ways to see which items are most profitable, just by looking at your sales reports. The sales reports generated by your POS system can be just as valuable as inventory tracking, and drive more sales. Basic POS sale reports. Online and/or mobile sales.

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POS Point of Sale Inventory Coupons 65

Culinary Cues

AUGUST 22, 2022

They sat down and ate a meal together, enjoyed the company of each other’s families, and shared some of the good time profits (when they existed). More than 800 articles and short stories on kitchens & restaurants. PLAN BETTER -TRAIN HARDER. Support your small local restaurants – we need them. Harvest America Ventures, LLC.

Seating 446

Seating Front of House Back of House Cash Management 446

Sling

JUNE 4, 2023

Curious about what’s going on “under the hood” of your restaurant and want to make your business more profitable? 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.

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Inventory Article Blog Food Supply 78

Modern Restaurant Management

JULY 5, 2023

This trend is primarily driven by advancements in point of sale (POS) systems and the availability of white label, plug-and-play online ordering systems. This article explores how QSRs can harness the power of technology to enhance operations, deliver more engaging experiences, reduce costs and increase profitability.

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Hospitality Customer Experience Loyalty Program Customer Service 179

Modern Restaurant Management

MAY 10, 2022

We’re going to park this one here until a little later in this article. Embracing different innovations and moving away from traditional ways of operating can help you identify more areas of profitability and drive business success. Take food cost management for instance. Are your food costs below 30 percent? “Data!

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Supplies Food Supply Audits Inventory 197

7 Shifts

SEPTEMBER 16, 2021

Say, for example, one of your five same-concept locations didn't generate as much profit as the other four. You can reference and compare the key metrics from all of these locations like total revenue, profit margin, inventory variance, etc. to see where that location might be falling short. Supplier Sourcing. One word: delegation.

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Management Management Document Hiring 370

Perfect Daily Grind

MARCH 13, 2023

However, alongside this, coffee shops still need to make sure that their cold brew offerings are profitable. You may also like our article on how coffee shops can use coffee concentrate. Danny Pang is the Asia-Pacific Sales and Technical Manager at Marco Beverage Systems. How can coffee shops make cold brew more profitable?

Beverage 149

Beverage Equipment Waste Point of Sale 149

Future Food

OCTOBER 5, 2021

EMBRACING CHANGE TO SURVIVE AND MAXIMISE FOOD SERVICE SALES. The prolonged closures on food and beverage venues have ranged from hard to devastating, not just from a sales perspective, but on the lives of hospitality workers and their families. How would you rate this article overall? Do you have an article request?

Food 144

Food Café Customer Service Communication 144

7 Shifts

APRIL 3, 2020

Comparing 7shifts’ internal data of 10,000+ restaurants, restaurants are seeing an average weekly decrease in sales of 50% across the board in North America. Evaluate your restaurant scheduling practices to see if you are consistently over-budgeting on labor needs based on your sales.

BOH 368

BOH POS Influencer Point of Sale 368

Apicbase

APRIL 18, 2024

You can dig into the details and get a high-level overview of performance, efficiency, and profitability. In this article, we’ll discuss the importance of restaurant reports and how to access the right insights. Restaurant reports are especially valuable when combined with sales analytics tools, which analyse your COGS and sales.

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Operations Inventory Waste Food Order 52

Perfect Daily Grind

JANUARY 3, 2023

On top of this, shipping costs for roasters have also increased – squeezing already-slim profit margins more than ever. Ultimately, it’s important that roasters are able to keep their business costs down to remain profitable. At the time, many business owners were concerned about remaining profitable. Enjoyed this?

Equipment 162

Equipment Transportation Sustainability Technology 162

7 Shifts

NOVEMBER 26, 2019

As a franchisee, you might think all you have to do is keep store sales strong and you’ll be raking in profits instantly. In this article, we’ll be highlighting six of the most pressing ones, as well as providing steps on how to face or resolve them. of weekly gross sales for franchise royalties and advertising.

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Franchise Franchising Restaurant Law 2015 369

Goliath Consulting

MARCH 13, 2024

An article by Technomic says restaurants must also be mindful of the “ growing frequency and intensity of extreme weather events, such as heat waves, storms, and cold snaps ” as they “ continue to affect restaurant sales and traffic.”

Allergens 78

Allergens Outdoor Customer Experience Equipment 78

7 Shifts

JULY 24, 2020

Topics: Finance; profitability; staffing. ?? Hospitality Cost Control gives you the formulas for effective cost control and profitability every restaurant manager should know. Hospitality Cost Control gives you the formulas for effective cost control and profitability every restaurant manager should know. 7shifts U.S.

Book 370

Book Management Management Restaurant Law 370

7 Shifts

DECEMBER 8, 2020

What if we told you that there was a great strategy to increase your restaurant’s sales while engaging your staff and reducing turnover? According to a study by Quantum Workplace , highly engaged 20 percent higher sales and are 21 percent more profitable. This article will arm you with ideas for restaurant employee contests.

Front of House 370

Front of House Social Media Employee Relations Back of House 370

Rocket Fuel

MAY 1, 2023

Focusing on increasing QSR beverage sales offers an exciting opportunity for revenue growth. In this article, we’ll explore why beverage sales are crucial for your bottom line and provide you with ten actionable tips to increase your beverage sales. Why are beverage sales so important to margins?

Beverage 52

Beverage 2023 Coaching 2022 52

Perfect Daily Grind

MAY 2, 2023

However, when they do add them, coffee shops also need to ensure these drinks are profitable. You may also like our article on how coffee shops can make cold brew more profitable. In certain countries over the past few years, we have seen a decline in hot coffee beverage sales,” Marcin tells me. Enjoyed this?

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Menu Beverage Seasonal Menu Equipment 136

Perfect Daily Grind

OCTOBER 3, 2022

By equipping themselves with the necessary skills and resources, they can successfully draw in new wholesale customers – helping to scale their businesses and drive sales. In this article, we explore how roasting businesses can successfully attract new large-volume customers and develop mutually-beneficial partnerships.

Food Supply 170

Food Supply Customer Service Supplies Pricing 170

Sling

APRIL 19, 2021

That includes general business terms , such as capital, gross, net, and — perhaps most important — profit margin. Understanding profit margins is essential to the success of your company because it means the difference between making enough money to pay the bills and keep the doors open, and declaring bankruptcy and shutting everything down.

Small Business 145

Small Business Cash Management Customer Service Inventory 145

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. And there are no sales to justify that spend. Luckily, you don’t need a crystal ball to predict next month’s sales.

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Pricing Point of Sale Inventory Seasonal Menu 98

Sling

OCTOBER 1, 2021

Looking for a way to increase profits, get control of expenses, and keep your bottom line in the black? 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. This will be your Total Food Sales. x 100 = 26%). x 100 = 26%).

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Definition Food Seasonal Menu Inventory 78

Future Food

SEPTEMBER 22, 2020

Reconnecting with Customers Building Loyalty and Maximising Sales by leveraging unique Points of Difference (PODs). As an added incentive to this strategy, typically loyal customers are more profitable than new customers! Tell us your thoughts on this Future Food Article All information collected remains confidential and anonymous.

Point of Sale 141

Point of Sale Social Media Customer Service Consumer Goods 141

Perfect Daily Grind

SEPTEMBER 22, 2022

You may also like our article on coffee pricing: why we need to know farmgate and not just FOB. This means that they take a percentage, which generally means that farmers’ final share of the sale price decreases. However, this final sales price also includes the costs roasters take on. and US $38.99. and US $38.99.

Pricing 184

Pricing Retail Supplies Point of Sale 184

Perfect Daily Grind

AUGUST 16, 2022

For many coffee shop owners, including seasonal food and beverages is essential to boost sales and maintain customer interest. You may also like our article exploring the syrups & flavourings market in the coffee sector. Then read our article exploring seasonal coffee blends. Want to read more articles like this?

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Design Menu Seasonal Menu Social Media 157

Perfect Daily Grind

FEBRUARY 5, 2023

You may also like our article on why people are calling for reform in Kenyan coffee production. On estates, there isn’t a support network of other co-operative members and professionals to help with the processing, marketing, and sale of their coffee. Then read our article on how price increases affect coffee co-operatives.

Operations 189

Operations Point of Sale Pricing Equipment 189

Perfect Daily Grind

APRIL 6, 2022

You might also like our article on how home coffee roasters have evolved. To put it simply, without the buying power, infrastructure, and sheer scale that large commercial roasters have, profitability can become an issue. Then try our article on how to add a roaster to your specialty coffee shop. Other cost management tips.

Management 192

Management Management Small Business Point of Sale 192

Future Food

NOVEMBER 4, 2020

In this two-part series, I want to discuss the proposition that successful and profitable food and hospitality venues do not just happen, they are in fact the outcome of a range of factors including business, psychology, design, passion, culinary capability, customer engagement and consistency. It all starts with a dream and ends in profit.

Hospitality 148

Hospitality Customer Service Customer Experience Fine Dining 148

Apicbase

MARCH 25, 2024

Picture this: You have to order the correct ingredients, in precise quantities, at the right time, from various suppliers without knowing future sales. In other words, both the restaurant’s reputation and profits depend on proper inventory management. If you are unfamiliar with demand forecasting, this article is for you.

Inventory 52

Inventory Management Management Kitchen Safety 52

Perfect Daily Grind

SEPTEMBER 28, 2022

You may also like our article on how technology has changed in the coffee industry over the last few years. It’s also about understanding and collecting data on the actual costs of managing a farm, so farmers are able to know if their business is profitable,” he says. Then read our article on how coffee producers can benefit from data.

Supplies 136

Supplies Sustainability Cash Management Point of Sale 136

Perfect Daily Grind

AUGUST 7, 2022

You may also like our article on how micro-cooperatives are transforming the Kenyan coffee trade. Many of these co-ops are well-managed and add value to coffee in a number of ways, including through quality control, packaging, and even domestic sales in some cases. Want to read more articles like this? Enjoyed this?

Operations 175

Operations Audits Agriculture Cash Management 175

Restaurant365

FEBRUARY 4, 2022

This article was written by Morgan Harris and featured in Modern Restaurant Management. While many of the concepts are similar to other industries, restaurants must rely on accurate, real-time data in order to be profitable in an industry that is notorious for having slim margins. P&L” stands for profit and loss.

Inventory 78

Inventory 2001 2011 License 78

Restaurant365

FEBRUARY 4, 2022

This article was written by Morgan Harris and featured in Modern Restaurant Management.We While many of the concepts are similar to other industries, restaurants must rely on accurate, real-time data in order to be profitable in an industry that is notorious for having slim margins. P&L” stands for profit and loss.

Inventory 78

Inventory 2001 2011 License 78

The Restaurant Times

MARCH 6, 2023

For this reason, the profit margin of your restaurant is one of the defining factors of its success. It is well known that the hospitality sector has lower profit margins than other market segments. In fact, according to reports , the net profit margins across the restaurant industry decreased from 16% in Q2 2021 to 9.59% in Q2 2022.

Food Truck 52

Food Truck Point of Sale Employee Relations Equipment 52

Restaurant365

OCTOBER 27, 2021

This article was published in Hospitality Technology. Before the pandemic, restaurants were averaging 7-9% profit margin. Integration with the point-of-sale (POS) system is essential to pull data directly from the POS system. Then since we lowered the cost of making the items, it was directly related to profits.”.

Menu 78

Menu Website Management Point of Sale Inventory 78

The Rail

JANUARY 13, 2023

Below, we'll outline several approaches that will help propel your restaurant forward by making it more visible than ever before -- all while boosting sales! #1 By utilizing captivating images and promotional messages , more guests can become aware of what you have to offer while driving sales up. #2

Beverage 116

Beverage Marketing Point of Sale Social Media 116

Sling

JUNE 9, 2023

So, in this article, we discuss some of the most important restaurant costs, how to calculate them, and how to use them to run your restaurant better. For the remainder of this article, we’ll use one month as our time period of choice. It’s also about controlling restaurant costs so you don’t spend more than you make.

Operations 78

Operations Inventory Food Supply Point of Sale 78

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. With perishable ingredients and fluctuating sales, controlling food costs has always been challenging. And most operators don’t expect profitability to improve in 2022. Forecast sales year-round.

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Food Waste Inventory Food Order 78