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Seven Traits of Successful Restaurant Owners and Managers

7 Shifts

A restaurant operations overview report can also give you valuable insights. With health and safety being a top priority for many diners, demonstrating a commitment to a hygienic environment will be critical to your restaurant's success. Also, consider investing in a new POS system.

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10 Essential Tips for Ensuring a Restaurant Break-Even Point

Restaurant365

This requires not only increasing total sales, but also reducing costs. While these are not optimal times in the restaurant industry, there are tactics you can implement now to both increase sales and optimize your controllable costs. You can catch pricing irregularities using AP Automation and integrated receiving reports.

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Mastering Restaurant Inventory Management in 10 Easy Steps

Restaurant365

This means that for restaurant owners and operators, the budget you have invested in product can quickly go to waste if inventory control isn’t top of mind. Set up your POS to track restaurant inventory. Menu engineering compares data about popularity and profitability, based on recipe costing and sales mix polling from your POS.

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10 Operational Challenges Restaurants Should Expect in 2020

Restaurant365

Here are the top 10 operational challenges restauranteurs should expect in 2020: 1. Some operators report the labor shortage leading them to hold onto undependable staff rather than firing them, or constantly overschedule interviews to fill the minimum number of roles. Finding and training staff.

2020 92
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8 digital restaurant trends shaping 2023

Qu

As the dust of the pandemic settles and businesses turn their attention to pressing new issues on the horizon, new technology trends are taking the stage. The survey illuminated eight major trends that we expect to shape restaurant technology and the digital experience over the next 24 months. Let’s take a look.

2023 52
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12 Restaurant Operational Challenges and Opportunities for 2021

Restaurant365

Other restaurants had to shift operations to a limited-capacity model, adjusting labor and food costs to match new sales levels. Other restaurants had to shift operations to a limited-capacity model, adjusting labor and food costs to match new sales levels. COVID-19 has prompted massive changes in how restaurants operate.

2021 78
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Mastering Restaurant Metrics: Your Comprehensive Guide to Business Success 

Apicbase

And with the rise of modern business intelligence tools, staying on top of these key metrics is easier than ever. Additionally, tracking metrics will help identify trends and patterns over time, allowing restaurants to make proactive changes and stay ahead of the competition. That’s the theory. Why Are Metrics Important?