article thumbnail

5 Ways to Get Your Restaurant Summer Ready

SpotOn

As the summer season approaches, bringing with it longer days and warmer weather, restaurants have a golden opportunity to welcome waves of customers looking for memorable dining experiences.  “Many of our venues are seasonal and lean towards daytime vibes—brunch, patios, pools, piers, etc.

article thumbnail

How to Raise Restaurant Menu Prices without Negative Pushback

Ken Burgin

Inflation is back, following dramatic rises in energy costs, wages and all the food & beverage supplies we purchase. Operators still holding the price of meals to what they were 12 months ago are bearing the brunt of massive increases in the cost of ingredients. So how do you put up prices with confidence and style?

Pricing 158
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

THE MISUNDERSTOOD CHEF

Culinary Cues

As if that weren’t enough, the menu and each morsel of food presented represents the chef’s life of experiences, his or her family history, the cuisine of their forefathers, every chef who contributed to their training, and everything that they believe in – as it pertains to food. It is a juxtaposition that is nearly impossible to manage.

article thumbnail

THE INTER-DEPENDANCE OF BUSINESS AND COMMUNITY RESTAURANTS

Culinary Cues

Every restaurant knows that once a customer walks through the door a sale of food and beverage will likely result. Some businesses understand how to use pricing to draw people in and then how to upsell the experience – others are not – SHARE what you’re good at. Business was off yesterday”.

article thumbnail

Control prime costs and grow your margins with 7shifts and XtraChef

7 Shifts

Cost of goods sold is the raw material cost of your beverages and food, and labor cost is made up of payroll, employee benefits, taxes, and bonuses. Steven helps restaurants use tech tools to keep their food and beverage costs under control with tech tools that unlock adjustments that would otherwise be impossible or too time-consuming.

article thumbnail

How to Get a Better Deal from Food & Beverage Suppliers

Ken Burgin

Many small hospitality businesses run their price negotiation on a weekly or daily basis, like thrifty seniors who are always looking for the best price on canned goods. The price suppliers charge you is a combination of: their cost of goods administration, promotion, and distribution costs their profit margin.

article thumbnail

How to Beat Inflation in the Restaurant Industry

Modern Restaurant Management

Owners of eating and drinking places have been compelled to increase menu prices as a survival strategy. Full-service menu prices jumped 8.8 percent and limited-service menu prices rose 7.1 Tweaking the menu to accommodate these more affordable ingredients can stabilize prices.