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Your labor cost is one of the highest expenses for your restaurant, typically taking up to 25-35% of revenue. Many factors can increase restaurant labor costs: inefficient schedules, overtime hours, or even rising wages. Because sales and labor needs can change by the hour, day, week, and month, it can be difficult to control your labor budget over time.
Inflation is back, following dramatic rises in energy costs, wages and all the food & beverage supplies we purchase. Operators still holding the price of meals to what they were 12 months ago are bearing the brunt of massive increases in the cost of ingredients. And profitability is suffering. Setting prices is approached with fear and anxiety by many restaurant and cafe operators, but it’s a unique opportunity to use your marketing and financial skills and make more money.
Running a restaurant day-in and day-out takes a ton of mental energy. It can be difficult to come up for air and really look at the why behind what you're doing. Schedules are made, payroll is run, and employees checked-in with—but it's tough to know if you're working as efficiently or as profitably as possible. With 7shifts restaurant reporting and analytics, you can analyze your restaurant labor performance and make strategic decisions that reduce costs & increase profits.
With profit margins ranging on average from three to nine percent , restaurants are continually looking to keep costs down. How do restaurant operators find efficiencies to minimize costs without degrading quality or service? The industry has since entered recovery mode , but returning to pre-pandemic levels won’t be easy. Consumers have shown interest in returning to restaurants, but it’s a slow march, not a cavalcade.
AI is reshaping the business landscape, including HR. This guide is designed to help you understand and implement AI effectively for tangible benefits and a more strategic approach. Learn how to: Automate routine tasks Boost data insights Enhance employee experiences Drive HR’s strategic value Download the guide today!
Kitchens are great equalizers – it is the place where individual talent and exceptional intellect can be less important that dependability, organization, focus, and teamwork. The kitchen is a place where those who are successful come to the realization that those later aptitudes are enhanced through experience – the more you do, the better you become.
Shutterstock. Also known as “corn smut” or “Mexican truffle,” this corn fungus can do so much more than just fill quesadillas As the Aztecs expanded their vast empire in the Valley of Mexico in the 14th to 16th centuries, one of the biggest questions they faced was how to feed their millions of tax-paying subjects. The answer eventually came in irrigated terrace systems and chinampas , or man-made islands, which yielded enough food to sustain the growing population.
The wine2wine Business Forum in Verona will host a six-hour Clubhouse marathon on Monday 18 October. The Forum also gives wine professionals the opportunity to learn about the benefits of the Clubhouse app for creating new wine communities and accessing new markets. From left to right: Marc Millon IWA, Steven Raye, Chris Scott, Lawrence Francis, Renée Sferrazza, Dr.
The wine2wine Business Forum in Verona will host a six-hour Clubhouse marathon on Monday 18 October. The Forum also gives wine professionals the opportunity to learn about the benefits of the Clubhouse app for creating new wine communities and accessing new markets. From left to right: Marc Millon IWA, Steven Raye, Chris Scott, Lawrence Francis, Renée Sferrazza, Dr.
Your back-office restaurant technology can be used to help grow both guest loyalty and your business. Restaurants are devoting time, energy, and marketing resources to improve the customer experience. However, the benefits of improving the customer experience go beyond just getting better reviews. Ultimately, many of the same things that help your guest experience also end up helping support restaurant operations as well.
The National Restaurant Association recently published a table listing the top concerns for restaurants over a three-year period. Not surprising, as it has been reported on consistently, recruiting employees is the top concern for restaurants in fall of 2021, after Coronavirus shook up our economies and our definitions of success. Coronavirus did take first place as a concern in 2020, when the pandemic was front and center and still shutting down or modifying dine-in practices.
Every industry felt the impact of the labor crunch during the pandemic and now, as recovery efforts are underway, businesses are struggling to recover employees quickly enough to meet the rise in demand. Particularly impacted by the staffing shortage, restaurants are struggling to beat the labor crisis, with staffing shortages felt in both back-of-house and front-of-house staff.
Sitting is the chef’s office, or what some might refer to as a storage room with a desk, it is always enlightening to look out on the kitchen and watch the motions of those who have found a home in double-breasted white jackets and skull caps. Any day can be a day of reflection for a chef – a day when life assessment is always close at hand. “What is my purpose, why and I here, how did I wind up sitting in this chair, and what value do I bring to the environment I am in?”.
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.
Maksym Fesenko /Shutterstock. From espresso martinis to pesto and sun-dried tomatoes, food from the Clinton era has us totally buggin’ As a child of the ’90s, it is now my turn to watch teenagers and younger adults run wild with the fashions of my youth. The school two blocks from my house is full of skaters in baggy cargo pants, kids with tiny backpacks and crop tops, and, god help me, low-cut jeans.
Online ordering is skyrocketing in popularity—sales through online takeout and delivery platforms grew 20 percent last year. With digital orders representing such a growing portion of sales, point-of-sale (POS) integration is now an essential for operational efficiency. We’re excited to announce that ChowNow now has POS integration partner options that can connect your ordering to more than 30 different POS systems.
Your restaurant inventory is your company’s investment into profitability. The better you manage your inventory and control costs, the higher your profit margins will be and the more success your restaurant will have.
The right concept is crucial when opening your restaurant , a new location, or refreshing your brand. Get your concept right and you'll be on your way to rave reviews, recommendations, and loyal clientele. Get it wrong—with a menu that doesn't fit the ambiance or pricey dishes not suited for the clientele—and would-be regulars will at best feel confused and at worst never return.
Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.
There’s no denying consumer behavior has fundamentally shifted over the last couple of years, and it’s transformed the landscape of the restaurant industry along with it. Indeed, we’ve entered a new era of customer habits –– much of it catalyzed by the pandemic, but some of which was already beginning to take shape even prior.
Most of us tend to gravitate to what we can control. We have an innate desire to do what we’re good at and avoid what we are not. It is the fact of control that differentiates comfort from a lack thereof. We invest the time and the energy in a process of skill development, and of knowledge building for some very specific reasons: we want to be good at what we do, we want to be respected, we need others to depend on us, and we have a real desire to be comfortable in our own shoes.
Limestone beneath the Heart & Hands winery infuses their pinot noir and riesling | Heart & Hands Wine Company. On par with Napa or Sonoma, the booming Finger Lakes wine region has seen a huge influx of chefs, farmers, and winemakers. Time to plan your visit. Whether you’re coming from the East Coast, Midwest, or Canada, half a day’s drive will land you in the lush hills of Central New York and the serene region known as the Finger Lakes.
Wilmington, Delaware, is known for its performing arts venues, tax-free shopping, and world-class restaurants. Over time, taking various road trips and having stopped at many of the restaurants in the city, I’ve listed my favorite Wilmington restaurants below. It’s always hard to choose where to eat in Wilmington, simply because a lot of the eateries are close together in certain districts.
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
Focus Expands Gift Card Offerings with a Digital Alternative to Plastic Cards. San Antonio, TX – October 1, 2021 – Focus POS, a leading provider of restaurant management software, announces the availability of Focus eGift digital gift card solution. With more consumers placing restaurant orders online, Focus eGift meets the demand for gift cards that are easy to use on a PC, laptop, or smartphone as well as at the checkout.
Working in a restaurant, bar, coffee shop, or any place that serves food & drink is a fast-paced, always-on career. You're constantly required to think on your feet, making quick and informed Decisions to keep your business running smoothly. On the 7shifts blog and social media, we seek to provide actionable and informative content to help restaurant people learn about every corner of the industry.
With today’s food trends moving toward the direction of fresh, healthy, local, and sustainable, the term “plant-based” continues to enter the conversation on every playing field. Plant-based food businesses, events, and pop-ups are frequently entering the market and it has become exceedingly clear that this is not just a fad. Often associated with the term “Vegan”, plant-based foods have evolved and now target all types of eaters: vegans, vegetarians, flexitarians,
Reading Time: 3 minutes. We all know that COVID-19 has changed the restaurant industry forever, but did you know it also changed patrons? Customers who have been cooped up at home for the past two years are anxious to get back to dining out. At the same time, with the rise of takeout and food delivery, they have become accustomed to a different kind of dining experience.
Payroll compliance is a cornerstone of business success, yet for small and midsize businesses, it’s becoming increasingly challenging to navigate the ever-evolving landscape of federal, state, and local regulations. Mistakes can lead to costly penalties and operational disruptions, making it essential to adopt advanced solutions that ensure accuracy and efficiency.
With outdoor green space, and shopping, New York City has thousands of reasons for you to visit. For me, it’s the culture. Also known as The City That Never Sleeps, Gotham, and The Big Apple it can be hard to describe this diverse, multicultural melting pot. It gives you classic American diner food on one corner and a Lebanese restaurant on the next.
Online ordering is essential to running a restaurant, but how and where your restaurant gets online makes a big difference. Catching customers’ attention on the websites they browse most frequently can have a significant impact on order volume. At ChowNow, we’re here to make it easy with an innovative network that places your ordering practically everywhere online.
The restaurant industry is unpredictable. There are dozens of costs associated with running a restaurant, and many of them remain out of your direct control: rent, utilities, insurance—etc. But the bulk of a restaurant's costs can be controlled. Those are your food costs and your labor costs , and together they make up your prime costs. Table of Contents.
Fuel your restaurant’s success with our comprehensive 2025 funding guide! Running a restaurant comes with unique financial challenges, from managing seasonal fluctuations to covering unexpected expenses like equipment repairs or ingredient shortages. This guide dives into fast, flexible financing options for restaurant owners. Discover how to bridge cash flow gaps, fund expansions, or navigate slow seasons without compromising service quality.
As restaurants hire new employees, they are finding it more difficult to come across experienced workers who can also train other team members. A major pain point for our clients has been navigating regulatory compliance issues such as corporate officer updates, alcohol license and permit renewals, and training team members in proper alcohol service protocol.
Blog. Is it a Win-Win? Make Sure Your Food Suppliers are Grade-A. F ood and beverage suppliers play a key role in the success of your restaurant. You pride yourself on sourcing the best ingredients with the partners who deliver reliably and at an effective cost. Like any new relationship, the beginning can be harmonious and productive, but it takes constant effort to ensure your food and beverage suppliers remain Grade-A.
Custom salad being made at a Sweetgreen in Washington, D.C. | Dixie D. Vereen/For The Washington Post via Getty Images. The salad chain has a billion-dollar valuation and no profitability in sight This week, fast-casual salad chain Sweetgreen announced its intent to go public and start trading on the New York Stock Exchange. As part of its S-1 filing with the U.S.
Everything is bigger in Texas, and Houston may be the prime example. Not only is Houston the largest city in Texas, but it is also the most diverse city in the U.S. With such a culturally diverse population comes an equally diverse and incredible food scene. If anything puts Houston on the map, it’s the Medical Center, the Galleria, and most importantly, world-class restaurants.
Get Paycor’s guide, based on a survey of 3,000+ professionals, and learn why successful companies are: Almost 80% more likely to identify top talent through formal systems 40% more likely to protect managers’ time spent on coaching 83% more likely to plan to upskill their teams and more!
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