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7 Questions to Ask Before Choosing a Point-of-Sale Solution for Your Restaurant

Restaurant Engine

When it’s time to purchase a point-of-sale solution for your restaurant, it’s a big decision and one you want to research thoroughly. The first thing you should know is that a point-of-sale (POS) system will improve many of the functions of your restaurant. Service and support – you may have to pay extra for this. #2:

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The Key Features of a Point-of-Sale System

BNG Point of Sale

There are many point-of-sale systems , but not all will suit your needs. You want something compatible with your type of business and has features that will help manage inventory, sales data, etc. What is a Point-of-sale System? S ometimes they are also referred to as cash registers or POS systems.

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Restaurant Budgeting: How to Create A Restaurant Budget

7 Shifts

This includes: Net Sales: The total revenue derived from your sale of food and beverages. Restaurant expense #1: food cost Your restaurant's food cost comprises 3 elements: the food cost percentage, the cost of ingredients, and the sales or revenue from selling your dishes. Managing a restaurant is not for the faint-hearted.

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Reference Guide To Writing A Hotel Business Plan

Gourmet Marketing

Here is a basic reference guide to writing your own hotel business plan. Explain what you offer in terms of rooms and services, how your guests will experience your hotel, and why they will want to stay at your property. The word “competition” has already appeared multiple times in this reference guide. Target Customer.

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How to Write a Restaurant Business Plan [with Sample]

7 Shifts

You'll have a document to reference during the planning or opening of your restaurant. When a plan is too wordy, it tends to turn off the reader and can actually prevent them from finishing,” Lauren Fernandez adds that the business plan should be more akin to a sales document, not an A-to-Z tactical roadmap. Table of Contents.

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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. Break-even point. Sales per labor hour. Average customer headcount. Customer Acquisition Costs. Customer Retention Rate. If it's not measured, it won't be managed.

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Restaurant Forecasting: How To, Formulas, Methods, and More

7 Shifts

In this post, we'll walk you through everything you need to know about restaurant sales forecasting - from the reasons why to forecast, to steps on how to create forecasts accurately, to what you should consider when forecasting for your restaurant. Restaurant Sales Forecasting Method & Techniques. Table of Contents.