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Coffee News Recap, 13 Jun: Gesha scores 98 points at 2025 BoP, potential IPO for Pret A Manger & other stories

Perfect Daily Grind

This set the precedent for future astonishing auction prices, which have since surpassed US $10,000/kg. With the 2025 BoP auction scheduled for 6 August, all eyes will be on the bidders of the 97- and 98-point coffees, as many eagerly anticipate the extent of the prices they’re willing to pay. in the year-ago period.

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How to Avoid the Top Seven Restaurant Inventory Management Mistakes

Modern Restaurant Management

Forecasting tools enable managers to purchase food, beverage, and supplies at the right level. Integration between the POS and inventory management software allows inventory to be managed from end-to-end by automating steps such as tracking recipes, uploading invoices and auto-updating item prices.

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Leveraging Relationships to Build a Better Bar Program

Goliath Consulting

Almost every restaurant with liquor on the menu has their share of creatively named house cocktails and luring drink specials, but is your restaurant making the most of its beverage program? Every bar/beverage manager can tell you about their distributors purchase incentives. Buy two bottles, get one free.”

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7 key restaurant revenue streams to prioritize in 2024

7 Shifts

Profitability remains a challenge for many restaurants, especially with prices for ingredients and labor going up. One of the best things to do is to find additional revenue streams to supplement your core food and beverage sales. In fact, only 27% of restaurant owners expect to be more profitable this year.

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2024 Outlook: Restaurant Trends and Challenges, Part One

Modern Restaurant Management

On Menu Ingredients We predict the rise of “bougie” ingredients like caviar, lobster and truffle popping up at restaurants at more affordable prices and in more casual settings like fast casuals and QSRs. General liability claims are not likely to fade any time soon, either.

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MRM Franchise Feed: Bad Ass Gets Bigger and New Prototype for Bagel Boss

Modern Restaurant Management

From Left to Right: Jerrod Mitchell Randy Bates Ron Bellamy Jim Taylor Jessica Reicher Jeff Baranco Ricky Price Kristy Brave Matt Strange Kim Nguyen April Rogers Bo Davis Tim Mei Charley Harman. We used these staples to curate our bar menu” says Dan Timm, the Beverage Director for Dickey’s Barbecue Pit.

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Understanding Restaurant Finances & Financial Statements in 2024

7 Shifts

Components of a restaurant’s financial report The food and beverage sales report, prime costs report, inventory report, profit and loss (P&L) statement, and cash flow statement are all critical components of a restaurant's financial management. This way, you can decide whether you need to raise your prices or not.

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