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8 Tips to Optimize Restaurant Labor Costs Despite Higher Minimum Wages

Restaurant365

Some are predicting a potential boom in the restaurant industry in the post-pandemic era. Consumers are ready to return to restaurants, and companies are innovating with new business models and new locations. The federal minimum wage has remained at $7.25 since July 2009. per hour, with Seattle close behind at $16.69.

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How to Calculate Restaurant Labor Cost

Restaurant365

Your restaurant labor cost and labor percentage are two of the most essential business metrics to track, especially as minimum wages rise around the country. Labor is one of the biggest expenses for a restaurant. The methods for controlling restaurant labor costs vary by the type of restaurant.

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Everything You Need to Know About Ghost Kitchens (aka. Cloud Kitchens)

The Food Corridor

These commissary kitchens are sometimes also known as ghost kitchens, shared kitchens , or virtual kitchens with the delivery-only food brands operating within them called virtual restaurants. But moving to a delivery- only model has been made possible recently by advances in technology and changes in consumer habits.

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Meeting Off-Premise Demand While Rebuilding In-Restaurant Sales to Boost Profitability

Restaurant365

The pandemic has undeniably changed the restaurant industry. Some restaurant trends may already have been in motion, but the restrictions and adjustments caused by the pandemic accelerated the changes. Restaurants had to change business models, pivoting to a larger focus on takeout food and food delivery.

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MRM Research Roundup: Mid-August 2021 Edition

Modern Restaurant Management

This edition of MRM Research Roundup features the latest facts and figures of restaurant operations, the state of business dining, and the mid-year gift card report. The State of the Restaurant Industry. Quick service restaurants (QSRs), representing 81 percent of restaurant visits in the U.S., foodservice industry.

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What’s Next?: MRM Restaurant Survival Guide Updates

Modern Restaurant Management

For additional resources, click COVID-19 Survival Guide for Restaurants and MRM Restaurant Survival Guide, Second Course and MRM Restaurant Survival Guide, Part Three. The National Restaurant Association Educational Foundation has launched the Restaurant Employee Relief Fund to support U.S. Live in the U.S.,

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7 Tips for Exceeding Your Pre-COVID Restaurant Profit Margins

Restaurant365

Restaurant owners and operators have faced enormous challenges over the last year. As you examine your restaurant accounting and operations, where should you start? We review what can affect your restaurant profit margin, plus seven tips to consider implementing in your restaurant.