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Restaurant Cost Control Strategies Every Operator Should Be Using

ChowNow

This doesnt mean cutting corners and sacrificing the customer experience; its about knowing where your money is going, spotting leaks early, and fine-tuning whats already working. Fixed costs like rent, property taxes, insurance, and utilities are all part of your occupancy costs.

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28 Strategies to Cut Costs in the Restaurant Business

Lavu

With rising ingredient prices, labor shortages, and tighter margins, operators must find strategic ways to reduce restaurant costs without compromising quality or customer experience. Discovering new ways to reduce costs in restaurant management can boost profits. Food cost control is crucial.

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Pandemic Reflections: What Lessons Has the Restaurant Industry Learned?, Part Three

Modern Restaurant Management

From a legal perspective, Insurance : the pandemic highlighted the limitations of insurance policies. Several high-profile restaurant groups brought litigation against insurance companies for their coverage position, but were ultimately unsuccessful. The pandemic made speed, accuracy, and seamless ordering non-negotiable.

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

SpotOn

But many owners don't account for the high fixed costs of bars —like repairs, insurance, and alcohol theft which can leave them with less profit than expected. Check with your kitchen manager or accountant for these numbers. If you understaff and get slammed, your guests have a bad experience and your team is frustrated.

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The Art of Competition: Embracing Rivalry

Indoor Media

We frequently look at the competition as a threat to our own success, a zero-sum game where a customer gained is only at the expense of a customer lost by another. So many in fact, that customers are more appreciative of an earnest recommendation than fanatical hoarding. Manager: You’re serious? Woman: Absolutely.

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For Restaurant Owners, Cybersecurity is a People Problem 

Modern Restaurant Management

With every online order, millions of customers are entrusting restaurant owner/operators with their most essential information. However, thanks to the explosion of online ordering, owner/operators are left managing massive data sets — without any experience in doing so. Without it, just one breach could spell the end.

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How to Fight Inflation

Modern Restaurant Management

Rent, food, labor, utilities, and insurance are prime examples. Customers can also be more hesitant to dine out as their everyday expenses are going up. This can not only drive down your profits but also degrade your customer experience. So what exactly are the effects of inflation?