Remove Audits Remove Beverage Remove Inventory Remove Point of Sale
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The Complete Guide to Increase Your Restaurant Profit Margins

Lavu

Profit margin is a key metric, especially pivotal in restaurant sales, that calculates the percentage of revenue left as profit after covering expenses. This, in turn, can significantly increase your sales and enhance profit margins, pointing towards areas of strength and potential areas for improvement.

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Managing Restaurant Food Inventory When Moving to Delivery Only

Restaurant365

Successful restaurant operations, in any kind of economy, depend on well-managed restaurant food inventory. Much of the typical food and beverage inventory in restaurants tends to have a relatively short shelf life, making accurate inventory numbers essential to run a functioning kitchen, make economical orders, and adapt to long-term trends.

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7 Ways to Reduce Food Waste in Your Restaurant

Lavu

Proper food waste management is crucial in this regard, involving practical tips such as conducting a waste audit to identify areas where waste can be minimized. In the face of a staggering global issue, restaurants must proactively avoid food waste. billion tons of food are wasted annually across the globe.

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Essentials of Payroll Accounting for Restaurant Groups, Part 2

Restaurant365

For many restaurants, the weekend provides significantly higher sales levels than a weekday. No matter what laws your restaurant group falls under, it is beneficial to prioritize recordkeeping and audit trails to demonstrate compliance with labor and pay regulations. Understanding payroll regulations.

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Ways A Restaurant POS Software Benefits Your Business

The Restaurant Times

Restaurant point of sale (POS) software is one of the smartest investments you can make in 2021 if you own a restaurant. Restaurant point of sale (POS) software is one of the smartest investments you can make in 2021 if you own a restaurant. Inventory Management . Adapt to Cloud-Based Operations .

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What Trends Are You Seeing and What Can We Expect to See More of in 2022?

Modern Restaurant Management

Operators should gravitate towards technology to automate inventory and track costs and sales to determine the best course of action. We also foresee a lot of companies will redesign locations even further to maximize efficiency. Clinton Anderson, CEO, Fourth Enterprises. Anything plant based! Alec Dafferner, a partner at GP Bullhound.

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2024 Outlook: Restaurant Trends and Challenges, Part Three

Modern Restaurant Management

Consider, for instance, a scenario in which your Point of Sale (POS) system can forecast the popularity of a new dish based on historical customer behaviour. This trend reflects the growing popularity of drive-thru and fast-casual dining, coupled with the demand for digital technologies such as QSR digital signage and QR codes.

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