Goliath Consulting

JANUARY 25, 2025

Turmeric Beverages : Turmeric has become a superstar in the wellness world, celebrated for its anti-inflammatory and antioxidant properties. Health-Focused Restaurant Concepts Smaller or Streamlined Menus As diners prioritize healthier options, smaller menus are emerging as a strategic approach.

Dietary Restrictions

ChowNow

MAY 23, 2025

That includes the ingredients and packaging for your menu items, but not things like rent and payroll. This gives you a sense of how effective your menu pricing is. Your cost of goods sold (ingredients, beverages, packaging, etc.) Menu prices: Pricing too low shrinks margins; pricing too high can drive away guests.

Point of Sale

Restaurant Business

JUNE 11, 2025

The of-the-moment menu updates are part of sweeping rebrands at the two chains under owner Ascent Hospitality Management. With the new identity set, Ascent then turned to the chain’s menu. It ultimately changed about 50% of the dinner menu, adding new appetizers and handhelds as well as more complex flavors and modern ingredients.

Fast Casual

ChowNow

JUNE 12, 2025

Knowing the true cost per serving means you’re not guessing where to set menu prices. Knowing the true cost per serving means you’re not guessing where to set menu prices. To calculate food cost percentage, divide the cost to make the dish by its menu price, then multiply by 100. Every smart pricing move starts here.

Operations

ChowNow

MAY 9, 2025

Food Costs (COGS) Your food costs, or cost of goods sold (COGS), include everything that goes into producing your menu items, including: Recipe ingredients Beverages Condiments Disposables, like to-go containers, straws, and napkins Tracking your food costs percentage helps you understand how much of your revenue is being spent on your menu.

Operations

Modern Restaurant Management

JUNE 27, 2025

percent menu-price inflation rate. With households increasingly treating dining out as a luxury, every menu item and service interaction becomes a potential make-or-break moment. Red Robin climbs 3 percent to 78 thanks in large part to its focus on menu and food. At the same time, U.S. chain sales grew just 3.1

Loyalty Program

ChowNow

APRIL 15, 2025

Examples include: Food and beverage costs Hourly wages for staff Takeout packaging and containers Credit card and online processing fees These costs are usually the easiest to adjust and optimize in real time. Good inventory management tools can alert you to fluctuating food prices and help you adjust menu prices appropriately.

Operations

Lavu

MARCH 17, 2025

By accurately calculating food costs, restaurant owners can set the right menu prices, reduce waste, and maximize their profits. It helps restaurant owners and managers track expenses, set profitable menu prices, and improve overall profitability. With a target food cost of 30%, the menu price is set at: $5.15/0.30

Food

Restaurant Business

JULY 9, 2025

Zero-waste, high-fiber snack bars Food What operators should know about ancient grains Sponsored content from our partner Furmano’s on Jul. Here are some of the best ways you can use ancient grains on your menu. This post is sponsored by Furmano’s food menu trends Menu Want breaking news at your fingertips?

Operations

7 Shifts

NOVEMBER 15, 2024

How would you recommend menu items to guests to enhance their dining experience? Have you ever handled a situation where a customer asked for a dish not on the menu? What techniques do you use to upsell menu items or drinks? How would you recommend menu items to guests to enhance their dining experience? What did you do?

Hiring

Restaurant Business

JUNE 17, 2025

Continue to Site >>> Menu C-stores are stealing fast-food tactics. Not quite yet An easy way to bring bold Korean flavors to modern menus From BBQ to beverages, menus are seeing a lot of action Food C-stores are stealing fast-food tactics. this year, according to new data from Intouch Insight.

Food

Restaurant Business

JUNE 17, 2025

Continue to Site >>> Menu Forget coffee. Wishnow, a former Dunkin’ and Taco Bell franchisee, tapped menu consultants and brand builders The Culinary Edge to design a menu that falls somewhere between Salad and Go and Sweetgreen, price-wise. The way Greenlane prices its menu has evolved since the first unit opened in 2023.

Fast Casual

ChowNow

APRIL 15, 2025

Cost of Goods Sold (COGS) Cost of Goods Sold tells you how much it actually costs to make the food and beverage sales you sell. This includes kitchen ingredients, beverages, and packagingbasically, all of your raw materials. If youre only going to track a handful of key performance indicators, start with these. The result is your AOV.

Operations

SpotOn

MARCH 21, 2025

Menu pricing is a delicate dance. Just when you've found the ideal menu item price, the cost of eggs skyrockets and you're back to square one. To make up for these prime costs, most restaurants add a "markup" to their menu prices. In which case, consider the gross profit margin menu pricing strategy.

Pricing

Restaurant Business

JUNE 13, 2025

Premium Food An eye on food waste inspires a chicken salad that becomes a best seller Behind the Menu: Millers All Day repurposed leftover breakfast waffles into croutons to create a new signature—the Chicken and Waffle Salad. Buyers appear eager to take on certain types of restaurant chains. It’s a unique spin on Southern comfort.

Operations

Lavu

JUNE 6, 2025

By closely monitoring and optimizing this percentage, restaurants can better manage their inventory, minimize waste, and lower their overall expenses, ultimately maximizing cost reduction. Yield Percentage: Calculate the yield percentage to account for any waste or shrinkage during cooking. Food cost control is crucial.

Loyalty Program

Lavu

APRIL 17, 2025

Real-time inventory tracking helps restaurants save money by cutting food waste, improving stock management, and streamlining operations. Heres what it does: Reduces Waste : Tracks expiration dates and prioritizes older stock (FIFO method). Start using real-time tracking to save time, reduce waste, and improve profitability.

Inventory

The Restaurant Group

FEBRUARY 23, 2025

Proper inventory tracking helps reduce waste, control costs, and boost profits. Imagine knowing exactly what’s in your pantry at any given momentno more unexpected 86’d menu items or last-minute supplier scrambles. Beverages and Alcohol Soft drinks, juices, beer, wine, and liquor.

Inventory

SpotOn

OCTOBER 28, 2024

While bars sell alcoholic drinks, a high-margin menu item, crafting a profitable bar menu is paramount. Through menu engineering and reporting from your bar POS system , you can determine what's selling and what's not. Next, it's time for a menu refresh. This is good news for your bottom line.

Bar

Restaurant Business

JUNE 11, 2025

The convenience-retailing giant on Wednesday announced a Craveables Value Menu, pitting it in head-to-head competition with fast-food chains also looking to win consumers over with low prices. By Heather Lalley on Jun. Photo: Shutterstock 7-Eleven is ready to do battle in the summer value wars. It’s a unique spin on Southern comfort.

Fast Casual

Future Food

NOVEMBER 27, 2024

Even as some food and beverage businesses face financial hurdles, the resilience and ingenuity of the industry continues to shine, promising an exciting future for consumers, F&B operators, clubs, shopping centres, mixed-use precincts and landlords. Small is beautiful. Timeout Markets alone have seven new locations announced.

Hospitality

Perfect Daily Grind

JUNE 27, 2025

claims on MAHA menu alignment. suggested that Starbucks would adjust its menu to align with the Movement for a Healthy America initiative, the company stated that it has no such plans and is not working with MAHA. Kampala, Uganda) Research Wed, 25 Jun – Westrock Coffee publishes convenience store beverage report. After Robert F.

2025

The Restaurant Group

APRIL 18, 2025

Prime Cost Report A critical report for restaurants, it breaks down the combined costs of goods sold (like food and beverage inventory) and labor costs. Inventory Management Effective inventory management helps reduce waste and control costs. It’s a key indicator of your financial efficiency.

Management

Lavu

APRIL 25, 2025

This system helps restaurant owners and managers track stock in real-time, reduce waste, and maintain optimal inventory levels. Poor inventory tracking costs restaurants up to $600/month on beverages , but mobile tools reduce waste, prevent overstocking, and improve real-time decision-making.

Inventory

Lavu

JUNE 30, 2025

Reduces Food Waste: Tracks inventory in real-time, minimizing overstocking and shortages, saving up to 10% of annual revenue. Provides Actionable Insights: Real-time data and custom reports help optimize menu pricing, staffing, and inventory. Without effective systems, restaurants struggle with both overstocking and understocking.

POS

Squirrel Systems

MAY 1, 2025

While menu pricing and food costs are critical factors, there are often overlooked opportunities that can significantly boost the bottom line. Optimizing the Bar Program with Digital Tools Beverages, especially alcoholic ones, offer some of the highest profit margins in the restaurant industry.

Loyalty Program

Restaurant Business

JUNE 12, 2025

Premium Food An eye on food waste inspires a chicken salad that becomes a best seller Behind the Menu: Millers All Day repurposed leftover breakfast waffles into croutons to create a new signature—the Chicken and Waffle Salad. Buyers appear eager to take on certain types of restaurant chains. It’s a unique spin on Southern comfort.

Delivery

Restaurant Business

JUNE 13, 2025

Premium Food An eye on food waste inspires a chicken salad that becomes a best seller Behind the Menu: Millers All Day repurposed leftover breakfast waffles into croutons to create a new signature—the Chicken and Waffle Salad. Buyers appear eager to take on certain types of restaurant chains. It’s a unique spin on Southern comfort.

Reservations

Paper Chase Accountancy

JULY 2, 2025

With this information at your fingertips, you can: Adjust pricing strategies: Is a menu item underperforming? Track and Categorize Expenses From food and beverage purchases to cleaning supplies, marketing costs, and utility bills, every expense needs to be recorded and categorized correctly. Can cross-training optimize efficiency?

Cash Management

Paper Chase Accountancy

JULY 25, 2025

Detailed Inventory Control: Especially for restaurants, managing perishable inventory (food and beverage) requires meticulous tracking to minimize waste, control COGS margin , and ensure profitability. For restaurants, it might mean analyzing peak hour sales per cover or average check size to inform menu pricing.

Hospitality

Lavu

JUNE 26, 2025

Let’s start with some basic terms: Cost of Goods Sold (COGS): This is the cost of all the items and ingredients on your menu (Beginning Inventory + Purchased Inventory – Ending Inventory). It includes all the cost incurred on food and beverage, payroll, taxes, and benefits). This amount does not include restaurant labor costs.

2025

Squirrel Systems

FEBRUARY 13, 2025

In 2025, restaurants within hotels and resorts will continue to embrace sustainability in every aspect of their operation, from sourcing ingredients to reducing waste. Menus will be designed to minimize food waste, with ingredients used efficiently across dishes.

Hotels

Perfect Daily Grind

AUGUST 8, 2025

The trailblazing coffee chain, known for its manual pour over-style drinks and signature beverages like the iced mint mojito coffee, operates 77 stores in California and Chicago. Top stories of the week Mon, 4 Aug – Philz Coffee acquired by Freeman Spogli for US $145mn.

2025

Lavu

AUGUST 8, 2025

Servers can access up-to-date menu details, check ingredient availability, and even display dish photos to customers – all directly from the tablet. Staff can quickly grasp how to navigate menus and process orders without extensive instruction. Plus, these devices offer more than just convenience.

POS

Lavu

JULY 11, 2025

Data Insights: Real-time data helps optimize staffing, menu adjustments, and inventory. This means owners can manage their operations, update menus, and track inventory across multiple locations in real time. Additionally, these systems support features like digital menus, mobile ordering , loyalty programs, and feedback collection.

POS

Paper Chase Accountancy

JUNE 16, 2025

To effectively manage the prime cost ratio, consider these strategies: Regularly track food and beverage costs. Adopt menu pricing strategies that reflect current costs. Increased profitability: Helps identify areas of financial waste or opportunity. They monitor costs and inventory to prevent waste and overspending.

Hotels

Paper Chase Accountancy

JUNE 16, 2025

To effectively manage the prime cost ratio, consider these strategies: Regularly track food and beverage costs. Adopt menu pricing strategies that reflect current costs. Increased profitability: Helps identify areas of financial waste or opportunity. They monitor costs and inventory to prevent waste and overspending.

Hotels