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Owning a Bar: Everything You Need to Know

7 Shifts

Perhaps you want to create a craft brewery, or maybe you'd prefer a trendy, urban winery that appeals to the yuppies? Make sure to get quotes from multiple suppliers so you can compare prices and services. Pricing should match your target market and theme. This will give you a good idea of their product and service.

Bar 370
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For Marginalized Chefs, Are Pop-Ups the Path to Success?

EATER

The brewery provides her with all the equipment she needs to dole out her hawker-style crab, and the ability to keep her profits, as guests are encouraged to buy their drinks from the brewery. Paying fairly for food and labor usually means menu prices higher than what many diners are willing to pay. I’m not from here.

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How to Read a Restaurant P&L (Profit and Loss) Statement + Free Template

SpotOn

But if you're a brewery, then you'd probably break line items down further into beer types. So you have your bartenders work on their pours and you raise prices on three popular reds. Spotify, ASCAP/BMI licensing fees), and special events. Think of your lease, insurance, and licenses. That may be too high.

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Tyga Bites and Sushi with an Attitude

Modern Restaurant Management

ECJ’s Food, Beverage and Hospitality Department attorneys advise food and beverage clients, startups and other businesses on a comprehensive range of issues, including employment, trade secrets, partnership disputes, contract negotiations, intellectual property, licensing and franchise disputes.

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Bar Management Software: The Key to Effective Staff Scheduling, Inventory, and Payroll

7 Shifts

The demands of the modern bar are significant: inventory issues, demanding customers, volatile prices, and — perhaps the biggest of all — staffing, scheduling, and other labor concerns. This is true for small craft breweries, for example, who are always experimenting with new brews.

Inventory 195
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Bar Management Software: The Key to Effective Staff Scheduling, Inventory, and Payroll

7 Shifts

The demands of the modern bar are significant: inventory issues, demanding customers, volatile prices, and — perhaps the biggest of all — staffing, scheduling, and other labor concerns. This is true for small craft breweries, for example, who are always experimenting with new brews.

Inventory 195
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Restaurant Budgeting: How to Create A Restaurant Budget

7 Shifts

Food cost percentage When deciding how much to price your menu items, TouchBistro advises keeping the food cost percentage anywhere between 20% and 40%. Solutions can include preparing for possible changes in pricing, staffing, customer trends, and new technology. Most restaurants try to keep it at around 30% to be safe.