Mon.Feb 20, 2023

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Increasing Profits in the Wake of Rising Food and Labor Costs

Modern Restaurant Management

According to a new survey by the National Restaurant Association, restaurant operators don’t think the future looks very bright. Nearly all of the operators surveyed think rising food and labor costs pose significant challenges heading into 2023, and half expect to be less profitable in 2023. This year will undoubtedly be difficult, but uncertainty provides an opportunity for restaurants to identify inefficiencies in their business models and establish long-term solutions for sustained gro

Food 419
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How has robusta production in Nicaragua developed in recent years?

Perfect Daily Grind

Robusta accounts for approximately 30% to 40% of the global coffee supply; countries like Vietnam, Brazil, and Indonesia are the largest producers of robusta in the world. Robusta makes up as much as 95% of Vietnam’s annual coffee production , while Reuters reported in May 2022 that Brazil’s robusta production was set to increase by 4.1% last year. The latter is an indication that global demand for robusta has been increasing in recent months – thanks in part to rising arabica prices in 2021 and

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OpenTable vs. Resy: Reservation Systems Compared (with alternative)

The Eat Restaurant

When it comes to choosing an online restaurant reservation system, there are many options to choose from for your restaurant. To make things easier for you, we're going to compare, in-depth, two of the major US reservation system providers, OpenTable and Resy with the aim of helping you make an informed decision. We'll also look at some alternative options you might want to consider.

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The Power of Upselling: A Guide to Driving Restaurant Sales and Enhancing Customer Experience

Bingage

No matter how successful is your bar or restaurant, you always have that curiosity to make more money. One of the easiest techniques to do this is through Restaurant Upselling, or making your existing customers repeat customers. Restaurant Upselling is a strongest strategy for restaurants to boost profits. Upselling is much more than sales; it requires knowledge,experience ans smart work.

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Mid-Year Review: How to Ignite Employee Potential Through Meaningful Feedback

Mid-year performance reviews aren’t just boxes for HR to check. Paycor’s toolkit empowers leaders to: Identify high-potential team members. Boost engagement with meaningful feedback. Support struggling employees. Nurture top talent to drive results. Learn how to ignite employee potential through meaningful feedback. When you nurture top talent, everybody wins.

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Hospitality leaders’ confidence rises but soaring costs threaten fragile businesses

Hot Schedules

The post Hospitality leaders’ confidence rises but soaring costs threaten fragile businesses appeared first on Fourth.

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10 Types Of Restaurants: Complete Guide For Potential Owners

Restaurant Accounting

From fast food to fine dining, restaurants are everywhere and have become a staple of American life. But what makes a restaurant successful? The first step to opening a successful restaurant is picking the right type and concept. The restaurant industry is challenging, so make sure you understand all the different types of restaurants. When […] The post 10 Types Of Restaurants: Complete Guide For Potential Owners first appeared on The Restaurant CFO.