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Keeping a Safe Bar Environment on Busy Holidays

Modern Restaurant Management

Spirit sales are 153 percent higher than usual over the holiday weekend, and it’s the number one beer drinking holiday. Society Insurance, which provides coverage to the hospitality industry, has put together four tips on how restaurants and bars can help create a safer environment on St. Over the St.

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2021 Restaurant Insurance Outlook: Updated

Modern Restaurant Management

restaurant sales experienced a “healthy” increase in total sales in July, 2021, according to Restaurant.org. eating and drinking outfits saw sales stand at approximately $4.4 eating and drinking outfits saw sales stand at approximately $4.4 ” Key Insurance Issues for Restaurant Owners.

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2023 Reflections: The Year That Was in Restaurants, Part Three

Modern Restaurant Management

As it relates to technology, there’s no question more and more tap rooms, bars and restaurants are embracing technology. Each year, Modern Restaurant Management (MRM) magazine asks experts for their views on the state of the industry. Here are some of their insights. Click here for the first part and here for the second one.

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Average Bar Revenue Per Square Foot

BNG Point of Sale

Bar Revenue per Square Foot . What are the best indicators of a bar’s success? Sales per square foot are one option. To calculate sales per square foot, divide annual sales by total interior square footage including kitchen, dining, and storage space to get a net rentable foot in the leased location. .

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15 Restaurant Metrics to Know and How To Use Them

7 Shifts

Break-even point. Sales per labor hour. You can now determine what percentage this is off your overall sales to get a picture of your restaurant's financial health. Business is often a game of numbers, and restaurants are no exception. If it's not measured, it won't be managed. Table of Contents: Cost of Goods Sold.

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National Restaurant Association: We Need Help!

Modern Restaurant Management

As the National Restaurant Association is anticipating sales to decline by $225 billion during the next three months and prompt the loss of between five and seven million jobs, the organization urged the federal government to take aggressive action now to rescue the restaurant industry, the nation’s second largest employer.

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8 Reasons Why Restaurant Workers Quit (And How to Retain Them)

7 Shifts

While money isn't everything, it's one of the biggest pain points for restaurant workers right now. We don't have to tell you that the restaurant industry has a turnover problem. As of 2019, hospitality had a national average turnover rate of 75% , and that's only grown since the pandemic. They aren't making enough money.