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How to Calculate and Improve Your Bar’s Profit Margin

7 Shifts

It just goes to show how important drink pricing and cost management are to maximizing profits. Bar profit margin and pour cost Some high-performing bars can reach higher margins by optimizing their costs and pricing strategies. Keep in mind that certain drinks can be priced higher due to their popularity or unique ingredients.

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Coffee News Recap, 13 Jun: Gesha scores 98 points at 2025 BoP, potential IPO for Pret A Manger & other stories

Perfect Daily Grind

This set the precedent for future astonishing auction prices, which have since surpassed US $10,000/kg. With the 2025 BoP auction scheduled for 6 August, all eyes will be on the bidders of the 97- and 98-point coffees, as many eagerly anticipate the extent of the prices they’re willing to pay. in the year-ago period.

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Untapped Areas of Profitability in a Full-Service Restaurant

Squirrel Systems

While menu pricing and food costs are critical factors, there are often overlooked opportunities that can significantly boost the bottom line. Offering virtual or hybrid event options with interactive dining experiences. VIP experiences like virtual chefs table dinners or online mixology classes.

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Inside the World of Hospitality and Leisure Accounting

Paper Chase Accountancy

Here, financial reporting isn’t merely about compliance; it’s the strategic backbone supporting dynamic pricing models, intricate seasonal forecasting, a vast web of vendor relationships, and operations that are inherently labor-heavy. Vendor management: Tracking invoices, managing payment terms, and negotiating favorable pricing.

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

Lavu

From wait times and staff efficiency to sales trends and customer satisfaction, POS system performance offers critical insights into daily operations. In a quick-service restaurant, the employee will read the total charge on the POS display and immediately collect payment from the customer.

POS
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Why More Breweries Are Switching to Modern POS Systems in 2025

Lavu

The craft beer industry is evolving fast, and breweries are under pressure to serve more customers, manage inventory in real time, and keep operations lean. In this post, we explore why breweries are making the switch and how the right POS system can support growth, streamline service, and improve the overall guest experience.

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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. If you understaff and get slammed, your guests have a bad experience and your team is frustrated.