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

7 Shifts

Here’s a quick refresher: Labor Food Utilities Equipment and supplies POS systems Restaurant cost breakdown These five categories typically make up nearly 100% of your operating costs, and are the cost “levers” you can pull or manipulate as a business in order to drastically reduce expenses.

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Choosing the Right Restaurant Financing and Restaurant Loans

Lavu

Before the challenge of making a profit, you also have to identify sources of financing. This article will delve into this in more details by focusing on: Definition of restaurant financing. Definition of restaurant financing. Simply put, restaurant financing is the money loaned, borrowed, or sourced from an external party.

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Procurement vs Ordering

ChefMod

Procurement is the strategic combination of Sourcing and Purchasing intended to ensure that the buyer compares Quality, Quantity, Time, and Location for products and services to secure the best possible price. In my previous article, I suggested that restaurants should seek out BOH management services.

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How to Choose the Best Kitchen Management Software for Your Multi-Unit Restaurant Business

Apicbase

Most successful food businesses are now multi-unit and multi-channel. All come with their own data sets and metrics – food cost, inventory variance, sales numbers, the list goes on. Recipes – Your Core Data Set The back of house or production side of a food business is notoriously hard to manage.

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What Is An API And Why Is It A Game Changer? 

Apicbase

In an industry increasingly dominated by digital tools, APIs connect the growing number of data sources into one unified ecosystem. These days, restaurant owners realise that the process of selling great food in a great location is only part of running a successful restaurant. API definition. Marketing Integrations.

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The 20/20 on 2020: Restaurant Experts Weigh In

Modern Restaurant Management

They touched on topics such as delivery, ghost (dark) kitchens, automation, plant-based menu items, food waste, sustainability, staffing and retention and more. The economic model makes more sense than traditional brick and mortar so many food businesses are moving in this direction. FAT Brands Chairman and CEO Andy Wiederhorn.

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