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How to Drastically Cut Expenses in Your Restaurant (and Stay Profitable During COVID-19)

7 Shifts

COVID-19’s impact on restaurants around the world has been ramping up thanks to necessary social distancing measures—particularly in North America, where 4-5 meals are eaten away from home every week —and restaurateurs are feeling the squeeze on their bottom line.

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Restaurant Profit Margins: A No-Brainer Guide to Maximizing Your Profits

Notch

The key is to reduce your costs and increase your sales. Profits equal revenue minus costs. To calculate your profit margin—you take your “profit,” divide it by “how much money people spent”—and multiply it by 100 to express it as a percentage. As an owner-operator, your restaurant likely sits at the center of your life.

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Restaurant Profit Margins: A No-Brainer Guide to Maximizing Your Profits

Notch

The key is to reduce your costs and increase your sales. Profits equal revenue minus costs. To calculate your profit margin—you take your “profit,” divide it by “how much money people spent”—and multiply it by 100 to express it as a percentage. As an owner-operator, your restaurant likely sits at the center of your life.

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31 Restaurant Marketing Ideas for 2021

Touch Bistro

In this article, you’ll find 31 restaurant marketing ideas and trends that will help to drive traffic and boost profits. 31 Restaurant Marketing Ideas to Boost Sales. Step 2: Position your brand within the market by determining how your price, product, promotion, and place compare to other restaurants in your area.

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Mastering Restaurant Metrics: Your Comprehensive Guide to Business Success 

Apicbase

In theory, it sounds easy. Rather than relying on intuition or guesswork, metrics will help you understand how different aspects of your restaurant are doing, so you can adjust your strategies accordingly. This blog provides an organised overview of the key metrics multi-site restaurant brands should track.