Thu.Mar 28, 2024

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How to Maximise Your Restaurant Profit Margin: 5 Key Strategies

Apicbase

Understanding what influences your restaurant profit margin helps you assess the success of the business and make positive changes. A slight improvement in your net profit makes a huge difference. It’s worth, therefore, investing in improving operations to boost your margin. In this guide, we’ll examine the definitions and calculations for different types of restaurant profit margins and discuss the best ways to improve them through better inventory and purchasing management, tech integrations,

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New 2D Barcodes Offer Easy Access to Dynamic Information for Food Traceability and More

Modern Restaurant Management

Restaurants started using 2D barcodes (such as QR codes) at dining tables to offer digital menus and even allow patrons to order with their smartphones during the pandemic, when contactless transactions were necessary. Since then, the practice has become ubiquitous. While a QR code can connect users to a host of static information, a more powerful 2D barcode is on the horizon to offer a wider suite of capabilities with virtually unlimited data storage capacity for instantaneous retrieval with th

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How to improve your restaurant profitability through transformative leadership: Insights from Industry Expert Matt Rolfe

Chowly

Introduction In our recent conversation with Matt Rolfe , an experienced hospitality leadership coach, we explored strategies for improving restaurant profitability through transformative leadership and behavioral coaching. Inspired by influential figures like Tony Robbins, Matt’s coaching methodology focuses on fostering mutual support among industry peers.

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DoorDash hires leaders from Standard AI to help grow its AI voice product

Restaurant Business

Standard AI CEO Jordan Fisher and co-founders Brandon Ogle and Daniel Fischetti are joining the delivery company as it makes a bigger push into artificial intelligence.

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How to Build the Ideal HR Team

HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.

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Jersey Mike’s: Achieving Ops Excellence and Giving Back in Every Store

Crunchtime

Since 2011, Jersey Mike’s annual Month of Giving has raised more than $88 million for local charities, with last year’s total breaking the record at $21 million. During the month of March, Jersey Mike’s customers had the option to round up their purchase to the nearest dollar or donate $1, $3, or $5 when placing their order.

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How to Choose the Best Kitchen Management Software for Your Multi-Unit Restaurant Business

Apicbase

Kitchen management software comes in all shapes and sizes. It makes choosing the system that is right for you all the more complicated. In this post, we’ll help you narrow down the options. Most successful food businesses are now multi-unit and multi-channel. That means you are collaborating with multiple stakeholders who each have their own data points to focus on.

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Bob Evans puts itself on the market

Restaurant Business

The family dining restaurant chain has hired an investment bank to look for a buyer, after having considered a sale in 2022.

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Back of House Restaurant Guide: Integrating FOH and BOH for Seamless Operations 

Apicbase

Restaurant back-of-house operations form the backbone of a restaurant’s success. The back-of-house (or BOH) manages crucial elements that impact cost control and profitability. These include food production and inventory management. Additionally, the BOH handles food safety and restaurant administration. The back of the house supports the front of the house (FOH), enabling the customer-facing team to focus on serving a memorable experience.

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It’s Time to Embrace the ‘Bad Mug’ — Even If That Means Never Using It

EATER

Marcus Eakers Despite its lame typography or weird texture, the dumbest cup in your cupboard serves an invaluable purpose The reason people often talk about having a favorite or even a “best” mug, but far less often of a favorite bowl (and hardly ever claim to have a favorite plate) is because even in these informal times, most people still buy their dishes in matching sets, whereas they accumulate mugs.

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How to Build the Ideal HR Team

HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.

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How Nimbus is succeeding where ghost kitchens failed

Restaurant Business

The shared-kitchen startup has limited its focus to providing kitchen space for a variety of food businesses, leaving the technology to others. The simplified approach has yielded profits and growth.

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Innovative Marketing for Businesses on a Budget

Revel Systems

Are you running a business on a budget? No problem. With innovative marketing strategies, you can see a huge return on your investment while spending much less than you might expect.

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Panera decides its DNA is really soups, sandwiches and salads

Restaurant Business

The bakery-cafe chain is rolling out a new menu that plays up core menu lines rather than searching for a new breakthrough menu category.

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Cocoa prices have hit all-time highs. Chocolate producers make changes

The Salt

Producers say poor crop yields in the face of climate change in West Africa — where 70% of the cocoa supply is grown — is to blame. Chocolate makers are raising prices; others are shrinking candies.

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Planning Your Restaurant's Path to Profitability

Speaker: James Kahler, COO of Full Course

Ever wondered where to splurge and where to safely conserve when it comes to operating and growing your restaurant? 🤔 Join James Kahler, COO of Full Course and industry visionary, in this new webinar where he'll talk all about best practices to invest in your restaurant's success! Whether you're a new business or an established restaurant, a seasoned pro or a rookie, you'll learn the keys to sustainable success in this competitive industry.

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Just Salad, Abuelo's and Perkins freshen up the menu

Restaurant Business

Taste Tracker: Taco Bell goes all in on chicken; Culver’s gets a bacon upgrade; shrimp comes to Zaxby’s; and pastels trend at Krispy Kreme and Baskin-Robbins.

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ChowNow acquires digital order integrator Cuboh

Restaurant Business

The online ordering provider for independent restaurants is also laying off a reported 30 people as it absorbs the Cuboh team.

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How Gott's Roadside evolves the menu while honoring the restaurant's 25-year legacy

Restaurant Business

Clay Walker, president of the iconic California drive-in, shares why local flavor and hospitality creates staying power.

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