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How Restaurant Finance Teams Can Support Operations to Increase Profitability

Restaurant365

Day-to-day responsibilities might differ between corporate-level financial leadership and operations leadership, but the teams shouldn’t be isolated. From ordering inventory for the weekend to scheduling staff for next week, these small decisions add up over time to impact the larger numbers.

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How to Build a Data-driven Culture for Your Restaurant Group

Restaurant365

How do you get your store-level managers and other leadership to use the convert data into actionable insights? Add in all of the invoices, orders, and inventory you are tracking. Just like almost any new initiative, creating a data-driven culture depends on leadership making it a priority. What is a data-driven culture?

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Use This Example Pizza Business Plan to Open Your Pizzeria

Lavu

Will you have servers or will customers order at a counter? Can customers use a self-serving kiosk or order from their phone? Team and Management: Introduce your team, and share a brief bio about each member of your leadership team. Service Style : Explain how you will serve customers. Will you offer delivery or only take out?

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10 Restaurant Strategies for Controlling Food Costs

Restaurant365

When you misjudge ordering or overspend on food cost, it directly affects your bottom line. When you misjudge ordering or overspend on food cost, it directly affects your bottom line. While it’s essential for restaurant accounting and leadership teams to focus on reducing food costs, it’s impossible without buy-in from frontline staff.

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Eli’s Restaurant Group Recoups $1.1 Million Prime Cost Gap During Pandemic with Restaurant365

Restaurant365

The leadership team reviews Restaurant365’s AvT analysis report with location managers on a weekly basis. The increased accuracy in CoGS was especially important for the catering arm of the business, which dealt with huge orders. Schedule a Demo Schedule My R365 Demo. The post Eli’s Restaurant Group Recoups $1.1

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How to Optimize Same-Day Restaurant Labor Costs with Intraday Polling

Restaurant365

If you’d like near real-time sales and labor data in order to make impactful decisions to increase your bottom line, consider a restaurant management system that’s integrated with your POS system, enabling intraday polling. Request a demo of Restaurant365 today. How does intraday polling impact restaurant labor costs?

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Critical BOH Restaurant KPIs That Optimize Labor Costs and CoGs, Part 2

Restaurant365

But with better inventory control, you can make data-driven product orders based on what you need given what’s already on the shelves. Ensure leadership embodies the vision to rally team behind leaders toward common goals. For more information, schedule a free demo. Shift contests, period contests.

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