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Food Cost Formula: The Secret to Higher Restaurant Profits

Lavu

With rising ingredient prices and tight profit margins, understanding the food cost formula can make the difference between financial success and failure. By accurately calculating food costs, restaurant owners can set the right menu prices, reduce waste, and maximize their profits. Whole Wheat Bun $0.30 Avocado(1/4) $1.20 0.30 = $17.17

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Supplier Relationship Management (SRM) for Restaurants: Moving Beyond Rebates Toward Real Cost Control

ChefMod

Ingredient prices change daily, deliveries arrive incomplete, supplier terms shift without warning, and chefs are left to make rapid-fire purchasing decisions with minimal data. And thats where trouble begins: Prices quietly rise as rebates increase. Thats why third-party audits are essential. Its about eliminating chaos.

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Restaurant Loss Prevention: How POS Systems Help Prevent Theft and Cut Shrinkage

Lavu

Charging the customer for a higher priced-item then inputting the order as a lower-priced item and pocketing the extra cash at the end of the shift. Such reports can show which employees are regularly turning tables in a timely manner, and which price points, dishes, or trends there may be with orders and tips.

POS 78
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How to Open a Corporate Cafeteria in 2025: Step-by-Step Setup & Profit Guide

Lavu

Get a Free POS Demo for Your Cafeteria Best Cafeteria Option for Quick Meals: Quesadillas Workplace cafeterias play a vital role in providing employees with delicious and convenient meals, which can boost productivity and morale. Lastly, it is crucial to set competitive prices that align with the target market and location.

2025 78
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Restaurant Accounting Tips Made Simple: Expert Ways to Boost Profits in 2025

Lavu

When properly done, this will also reduce the worry related to auditing of your financial reports. Design Better Menu Pricing : While setting the correct price for your menu items is always a challenge, you can cover all the necessary expenses with sound financial system. Get a Free POS Demo 8.

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Why Siri and Alexa Might Be Giving Your Restaurant the Silent Treatment

Web Diner

Orchestrating Success When you partner with Webdiner, we begin with a rapid optimization phase in the first 30 days: Week 1: We conduct a complete digital presence audit and fix any inconsistencies in your business listings. Schedule your free digital presence audit by calling (800) 531-7091 or visiting webdiner.com/demo.

Audits 65
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Beginner’s Guide to Accounts Payable for Restaurants

ChowNow

Purchase Orders (POs) : Documents outlining what was ordered and the agreed price. Ensuring proper documentation of all AP transactions makes it easier to manage audits and stay compliant with regulations. ChowNow customers can get a customized demo from Ottimate to see how AP Automation can work for their restaurant.