7 Shifts

FEBRUARY 12, 2021

According to recent data from the National Restaurant Association, restaurants overall sell for a median price of $150,000. The average price sits around half a million dollars, according to data from Restaurants for Sale. However, restaurant prices vary widely, based on region, location and type.

License 444

License Equipment Certification Information 444

Modern Restaurant Management

JULY 29, 2022

Drives market share growth – The fast-food industry is made up of several large competitors and many smaller brands. Reduces price sensitivity – Pricing is crucial for profitability. Brand-building advertising helps improve customer loyalty and reduce sensitivity to rising prices.

Advertising 198

Advertising Take-out Marketing Social Media 198

Ken Burgin

NOVEMBER 15, 2021

The popular Aussie BYO is now available in fewer restaurants, and there needs to be a rethink about the wine range and pricing, especially if customers can no longer bring the good bottle they bought for $12 and now have to pay a minimum of $50 from your range. Price to Maximise Revenue – some say the mark-up should be 150%, others say 120%.

Point of Sale 147

Point of Sale Back of House Beverage Email Marketing 147

7 Shifts

JULY 16, 2021

You may discover that your target customers enjoy an afternoon pick-me-up and are sensitive to price. This research will dictate your hours of operation and pricing plans! Do they serve just coffee or small foods as well? Expected menu prices. Food Handler's Permit. How can you conduct this research?

License 459

License Hiring Equipment Point of Sale 459

Marketing4Restaurants

JANUARY 17, 2022

We tapped into the right practices and other factors involved to make your food business more profitable. For this episode, we’ll talk about Restaurant Yield Utilization and why it is a key tactic for your food business. Then that person most likely is not price-sensitive, A booking for a family who’s going on a holiday?

Management 98

Management Management Airlines Website Management 98

Modern Restaurant Management

FEBRUARY 4, 2022

Unprecedented labor and supply chain pressure will drive most of the restaurant trends that will define 2022, industry analysts say. Restaurants will also explore delivery options beyond costly third-party partnerships, and hike delivery menu prices to make the channel more lucrative as off-premise demand holds steady. Ghost Kitchens.

2022 216

2022 Customer Service Online Ordering Website Management 216

Future Food

MAY 10, 2022

At Future Food, we often choose to write content that provides our readers with a solution to their food and hospitality problems, or an industry forecast to assist with future planning, however today’s contribution comes purely as an observation of the industry from a consultant, who lives and breathes it on a daily basis.

Hospitality 78

Hospitality Food Supply Customer Service Customer Experience 78

Ken Burgin

FEBRUARY 29, 2020

Dramatic disruption to Chinese manufacturing and supply chains mean there could be shortages of kitchen equipment, spare parts, appliances, packaged food and chemicals. In Australia, China makes (or supplies parts for) almost everything we use! Renewal and innovation can’t stop during a slowdown.

2020 88

2020 2001 2007 2009 88

Perfect Daily Grind

JULY 1, 2022

The event was held as part of the 2022 Bandung West Java Food & Beverage Expo. The biggest factors inhibiting profit growth are energy costs (74%), rising prices of good (55%), and labour costs (54%). The Council also agreed to develop a benchmark system that monitors levels of deforestation in supply chains. Thu, 30 Jun.

2022 127

2022 Café Webinar Education 127

EATER

JANUARY 10, 2024

These powders, typically made with pulverized kale, spirulina, and other “superfoods,” have lingered on health food store shelves for decades as a way for folks to pack as much nutrition into their diets as possible. It’s available in six different flavors, including berry and coconut, and is priced at around $40 for a 30-day supply.

Food Supply 122

Food Supply Influencer Food Safety Social Media 122

Ken Burgin

JUNE 7, 2022

Now more than ever, with soaring supply prices, staff shortages and crazy weather, sustainability makes sense across all business areas – it’s much more than recycled packaging and local vegetables. Listen to the Hospo Reset Podcast on Reducing Food Waste – New Strategies and Solutions.

Recycling 60

Recycling Sustainability Compost Food Supply 60

7 Shifts

FEBRUARY 12, 2021

According to recent data from the National Restaurant Association, restaurants overall sell for a median price of $150,000. The average price sits around half a million dollars, according to data from Restaurants for Sale. However, restaurant prices vary widely, based on region, location and type.

License 195

License Equipment Certification Information 195

Margin Edge

SEPTEMBER 2, 2020

With the daily changes to our traffic, allowed capacity, labor, bar sales, supply chain, etc. – can food costs percentages stay the same or even shrink? There are 6 major features within MarginEdge that help you consistently hit lower food costs. How we turn this tech into amazing food cost management…. #1 food cost.”.

Food 98

Food Waste Pricing Food Supply 98

MadMobile

AUGUST 5, 2022

Supply chain issues forced menu changes. In early 2022, gas prices skyrocketed. It’s important for restaurateurs to get ahead of these issues by knowing how to reduce food costs while keeping margins in check and still ensuring a profit as inflation rises. Example of a bad food costs goal: Cut inventory costs.

Food 52

Food Mobile Ordering Inventory Food Supply 52

Margin Edge

OCTOBER 21, 2020

Regulations, local COVID cases, weather (when so much is dependent on outdoor dining), staff schedules’ with less child-care options, the supply chain – all difficult to control – all with meaningful impacts to our businesses. Top tools for control: Price Alerts / Price Movers. 1 Price Alerts / Price Movers.

Pricing 98

Pricing Waste Inventory Food Supply 98

Aaron Allen & Associates

MARCH 3, 2022

We’ll explore software for inventory management, restaurant payment and billing, food delivery, dashboards, restaurant onboarding, reservation management, and ERP systems. Inventory management is one of the most important, but challenging, aspects of running a food service business. Restaurant Labor Management.

Management 120

Management Management Mobile Ordering Point of Sale 120

EATER

OCTOBER 7, 2022

Carbone, the crown jewel of the Major Food Group restaurant empire, opened in 2013 and became “ an impossible reservation almost instantly ,” Helen Rosner wrote in the New Yorker. billion views on TikTok). They found a way to jar the Carbone experience,” Skae added in the press release.

2013 100

2013 Food Supply Fine Dining Social Media 100

EATER

JULY 8, 2022

Diners need to understand that things will never be as they were before the pandemic In the final six weeks of our pandemic-born restaurant, customers formed a line out the door and booked out dinner reservations weeks ahead. And the price of menu items steadily trends upward as inflation worsens. She snarled at our staff.

Online Ordering 105

Online Ordering Seasonal Menu Customer Service Social Media 105

The Food Corridor

NOVEMBER 23, 2021

People are eating more and craving comfort foods during the winter months. With ordering takeout and food for delivery at an all-time high already, the cold winter months only exacerbate the trend – as most people are going out less in the cold weather. The nights are drawing in and temperatures are dropping across the United States.

Food 98

Food Seasonal Menu Catering Cash Management 98

Marketing4Restaurants

JANUARY 17, 2022

These days have the best food is nowhere near enough to be successful. Marketing is making sure that you’ve got the strength and resilience in that market so you can put up your prices a little bit. It is a pricing technique focused on knowing, predicting, and manipulating customer behavior to increase your income.

Marketing 98

Marketing Email Marketing Social Media Food Supply 98

Restaurant365

MAY 26, 2020

Your prime cost is a fundamental metric to track, because it includes your two largest expenses: food and labor. For a restaurant, this includes your food and beverage ingredients, as well as other supplies like napkins, coffee filters, etc. Food and labor costs vary between different types of restaurants.

Point of Sale 148

Point of Sale Employee Relations Inventory Waste 148

SpotOn

FEBRUARY 27, 2024

You might need to re-up the supply in between seatings, so delegate easter egg hunt duties to your host or add it to your servers' sidework duties. Offer a prix fixe brunch menu Brunch is often the highlight of Easter weekend, giving people a chance to reconnect with the entire family and indulge in their favorite seasonal foods.

Social Media 52

Social Media Seasonal Menu Email Marketing Online Ordering 52

Marketing4Restaurants

DECEMBER 29, 2021

You can find a lot of blogs and podcasts online that talk about trends, but a lot of them are sponsored by food and food providers. Dropping rent prices We are seeing a lot of movement among restaurants in terms of location too. People get overworked and burnt out, triggering them to resign from their jobs.

2022 52

2022 Front of House Food Truck Back of House 52

EATER

AUGUST 27, 2021

From Prohibition comfort to wartime morale booster, ice cream has played a surprisingly significant role in the country’s history The premise of The Secret History of Food is straightforward: There’s an interesting story behind almost everything we eat. The Secret History of Food is on sale August 31. Monica Burton.

Food 112

Food Food Supply Point of Sale Back of House 112

Marketing4Restaurants

MAY 23, 2022

They’re not gonna feel like they’re getting second-best because the food you’re going to serve will be prepared by people who know what the food should taste like and what’s going to appeal to other vegetarians as well. If you’re raising your wages, you gotta punch those prices up, and a lot of people are already expecting that.

Hiring 52

Hiring Front of House Back of House Food Supply 52

Marketing4Restaurants

MAY 23, 2022

They’re not gonna feel like they’re getting second-best because the food you’re going to serve will be prepared by people who know what the food should taste like and what’s going to appeal to other vegetarians as well. If you’re raising your wages, you gotta punch those prices up, and a lot of people are already expecting that.

2022 52

2022 Hiring Front of House Back of House 52

EATER

MAY 3, 2024

For an introverted writer, going on a book tour was a shock to the system. Global Market Insights reports that nutraceuticals, a marketing term for a food product that implies pharmaceutical effects, were a $423 billion global industry in 2022. I was shocked by the price: $99 per bag, a one-month supply.

Healthcare 108

Healthcare Online Ordering Food Order Influencer 108

Restaurant365

AUGUST 4, 2020

When that inventory is wasted, stolen or spoiled before it’s sold, it must be written off as an expense in the books. Because food and beverage costs make up one of the two largest parts of your restaurant budget, your inventory method has large implications in your accounting. Conduct daily and weekly reports of food inventory.

Inventory 78

Inventory Management Management Cash Management 78

EATER

JULY 13, 2022

Since he started milking in Delta Junction a year ago, he’s found that locals who rarely get really fresh milk or have never lived anywhere near a dairy farm have a thirst for his mostly grass-fed, nonhomogenized, glass-bottled stuff, even at a higher price. Scott and Connie Plagerman on the site of their Alaska dairy operation.

Small Business 98

Small Business Food Supply Food Truck Pricing 98

Restaurant365

JUNE 24, 2020

Understanding how to decrease controllable costs – food and labor are the big two — helps you drive operational improvements that can increase your financial outcome. Reevaluate your supply costs. One cause for rising CoGS might be because your suppliers have increased prices on your ingredients.

Point of Sale 78

Point of Sale POS Inventory Employee Relations 78

7 Shifts

DECEMBER 18, 2023

Manager log books Even if it’s just a shared cloud document, you need a centralized place for your managers to exchange information. Management log books also cut down on confusion. When customer complaints or employee concerns come up, each manager can get up to speed just by reading the log book.

Management 397

Management Management Email Marketing Point of Sale 397

KaTom

SEPTEMBER 15, 2020

Being a popular and delicious food item that can feed several people for a reasonable price, it’s no surprise that pizza has catapulted to the top of the pandemic comfort food pyramid, with delivery-driven concepts grabbing a big slice of the pie. Pizza Chains with Record Sales & Hiring Booms.

2020 61

2020 Kitchen Safety 2025 Franchise 61

EATER

APRIL 25, 2023

On the road that leads to Santa Teresa (one of the most visited destinations in the country), dozens of food stands blanket the sidewalks with plastic tables, chairs, and signs advertising “caldosas here.” Caldosas became an affordable answer,” says Miguel Barboza Retana, a local journalist and food writer. The backbar at Fory Fay.

Fine Dining 103

Fine Dining Back of House Point of Sale Merchandise 103

Ken Burgin

NOVEMBER 14, 2021

If you depend on the profits of a food operation, you need to understand kitchen management, and how to move in that space with confidence. Most suppliers now have an online portal to place orders, with instant price tracking and notification if anything is out of stock. Improve Food Delivery and Storage Systems.

Management 60

Management Management Point of Sale Kitchen Safety 60

Restaurant Clicks

JANUARY 28, 2020

They may come for the entertainment, but return because they loved the service, food, or all-around aesthetic of your restaurant! While live entertainment can be great, it can also be expensive to book a popular band, DJ, or artist. If you have any connections, use them to book entertainment that won’t hurt your business financially.

Social Media 78

Social Media Entertainment Influencer Customer Experience 78

EATER

MAY 26, 2021

There were tea rooms at various price levels — “Look at the prices and watch the Fords go by,” wrote one customer in an early guest book — though not all welcomed any traveler. They ceded their customers to streamlined fast-food chains like McDonald’s and A&W, which could keep up with the pace of modern travelers.

Back of House 121

Back of House Advertising Travel Small Business 121

Ken Burgin

AUGUST 1, 2023

The event could give your restaurant great publicity, but it means adjusting your plans, getting new supplies, and training your team on new recipes quickly. Your challenge is to maintain excellent service and food quality. Customers love the food but are unhappy with the long waiting time, particularly during the lunchtime rush.

Training 60

Training Management Management Kitchen Safety 60