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‘Cookie-Cutter Marketing Doesn’t Work in this Industry.’

Modern Restaurant Management

I wanted to give back to the community that gave so much to me, and let’s be honest, if you’ve worked in a restaurant or bar, you know you have to be a special kind of crazy. Operators are maximizing revenue through delivery, private events, ghost kitchens, catering, and branded merchandise. And I love that.

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How to Calculate and Improve Your Bar’s Profit Margin

7 Shifts

On the other hand, for lower-cost items like beer, you can bundle or offer happy hour specials to drive more volume and profit. You can introduce themed drinks or seasonal specials that keep your customers coming back for something new. Selling branded merchandise is another smart way to boost your bar's profitability.

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Inside the World of Hospitality and Leisure Accounting

Paper Chase Accountancy

We’ll explore the specialized functions, the day-to-day realities of managing finances, and critically, how modern solutions like outsourced bookkeeping and cloud-based tools empower these businesses to not just survive, but thrive and stay profitable in a highly competitive market. Discover best practices and common pitfalls to avoid.

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POS system performance: What Your POS System Says About Your Restaurant

Lavu

How Customization Enhances POS System Performance and User Experience Your POS should work for your specific location out-of-the-box, especially if your operation has any special requirements. However, if it doesn’t, your POS provider can typically configure the software.

POS
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Restaurant Profit Margin: 7 Ways To Actually Make Your Operation More Profitable

SpotOn

This is all the income from your food and beverage sales, catering, branded merchandise, packaged goods, venue hire, etc. Your Cost of Goods Sold are your food and beverage costs along with the cost of any merchandise you sell. You should be able to find this data in your POS reporting. Labor costs. Overhead costs.

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MRM Research Roundup: Diner Resiliency, Automation Technology, and Egg Prices

Modern Restaurant Management

Gross merchandise volume (GMV) rose 45 percent in Cleveland during the women’s championship but only 2 percent in Phoenix for the men’s. For QSRs, 55 percent eye first-party ordering for revenue growth, outpacing drive-thru and third-party apps. Fast casuals follow with 36 percent prioritizing direct digital channels.

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MRM Research Roundup: To-Go Trends, State of the Plate, and Black Market Reservations

Modern Restaurant Management

Value matters, too—over 80 percent of consumers utilize deals like "Buy One, Get One” offers, combo meals, or real-time specials. Greenest Caterer 4 Star Certified Green Caterer™ Big Delicious Planet (BDP) is the Greenest Caterer in America, earning more GreenPoints™ than any caterer.