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Calculating Food Waste with Key Items

Margin Edge

Wasting food in and of itself isn’t a cardinal sin (unless you ask our mothers), but the degree of variance between what you use and what you sell can get you in trouble with your bottom line. If you are already a MarginEdge user, scroll down to the section on how to calculate waste with [me]. Calculating Manually.

Waste 75
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MRM Research Roundup: Top F&B Trends to Watch

Modern Restaurant Management

As travel season approaches, we anticipate seeing more people lean into making their vacation destinations feel more like home, with an increase in activities like cooking while traveling! A drive to create better working conditions and benefits for industry employees.

2024 189
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Giving Your Business a Restaurant Prime Cost Tune-Up

Restaurant365

Your CoGS is made up of the products you purchase to make the menu items you sell. Your labor cost includes labor expenses such as wages for both salaried and hourly employees, payroll taxes, health or workers compensation insurance, and any benefits you offer. Employee Wages + Taxes + Benefits + Insurance = Total Labor Cost.

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Forecasting for Restaurants: Implications for Inventory and Labor

Restaurant365

Forecasting for restaurants is estimating key metrics like future sales, customer traffic, or menu item ordering mix based on historical sales data, economic trends, or market analysis. It may take a minimum of three employees to run a small restaurant, regardless of sales. Looking at Past Years and Seasonal Trends.

Inventory 145
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MRM Research Roundup: Mid-September 2021 Edition

Modern Restaurant Management

In a survey of 4,079 small business owners conducted from 8/15 to 9/13/21, 66 percent reported having a "very difficult" time finding the right employees to fill open roles, many of which are necessary to help them drive revenue and rebound. In July, 47 percent couldn't hire enough employees. Dining Trends in Canada.

2021 178
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MRM Research Roundup: End-of-February 2020 Edition

Modern Restaurant Management

The National Restaurant Association released its 2020 State of the Restaurant Industry Report which examines key factors impacting the restaurant industry including the current state of the economy, operations, workforce, and food and menu trends across segments from quickservice to fine dining.

2020 192
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MRM Research Roundup: 2022 Restaurant Trends

Modern Restaurant Management

This edition of MRM Research Roundup features evolving guest relationships, views on restauarant tech, employee desires and wedding trends. Download the Restaurant Trends for 2022 report for more details. ” What Restaurant Employees Want at Work. The Pandemic Has Permanently Altered the Consumer-Restaurant Relationships.

2022 215