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15 Restaurant Metrics to Know and How To Use Them

7 Shifts

Numbers can give us insights into everything from profits and losses to average customer spend to how often employees cycle through. Employee turnover rate. Labor cost includes all labor-related categories: Employees, both hourly wages and salaries. Total sales , from your POS. Employee Turnover Rate.

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How to Set Up Online Ordering for Restaurants

7 Shifts

Here are the things you should consider: Things to Consider When Choosing an Online Ordering Platform Does it integrate with my Point of Sale (POS) Will I need to add another tablet to my front of house setup? 7shifts' data has seen a 243% growth in delivery-related roles (i.e. Does it integrate with my restaurant’s website?

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What’s Next?: MRM Restaurant Survival Guide Updates

Modern Restaurant Management

The National Restaurant Association Educational Foundation has launched the Restaurant Employee Relief Fund to support U.S. restaurant employees financially impacted by the coronavirus crisis. Clic here to d onate to the Foundation’s Restaurant Employee Relief Fund. This fund is designed to help those struggling employees.”

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Leverage Data & Metrics To Boost Your Cloud Kitchen Revenues

The Restaurant Times

From customer-related aspects to matters that concern stock and inventory management, proper analysis of metrics can boost transparency and performance across a cloud kitchen business. Let us look at how POS software can be used to produce data-based insights using metrics and boost cloud kitchen revenue. . Manage Stock And Inventory.

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Restaurant Taxes: Top 12 Tax Deductions and Tips For Restaurants

Harbor Touch

If you purchase equipment, like a restaurant POS system , for example, it may be eligible for depreciation deductions. If employees receive benefits and compensation, they must be provided for work that employees perform. Employee Meals. Employee Tips. Expensing Asset Purchases. Compensation and Taxes.

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How Much Should You Tip at a Restaurant? A Definitive Guide to Tipping Etiquette.

SpotOn

Operators have to navigate the complex world of tip pool options, service charges, and minimum wages and ensure their employees are motivated and paid well, all while striving for profitability. It also doesn't take into account circumstances where employees go above and beyond to create a memorable experience.

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6 Critical Restaurant Revenue Management Reports That Saudi Restaurants Must Track Closely

The Restaurant Times

It involves using tools such as a robust POS system and tracking reports to analyze the sales data to accurately predict future demand. Here is how a robust POS system should display the bifurcation of sales data: Top-selling/ worst selling item: Provides an idea about the best selling vs. the least selling menu item. Sales Reports.