Remove Employee Relations Remove Hiring Remove Pricing Remove Reference
article thumbnail

How to Improve Restaurant Operations: 9 Proven Strategies

7 Shifts

Improving your restaurant operations to succeed in this highly competitive industry means serving quality food and providing excellent customer service while minimizing waste, reducing costs, and keeping your employees engaged. You can also give employee discounts, which can be extended to immediate family, paid time off, and bonuses.

article thumbnail

Restaurant Budgeting: How to Create A Restaurant Budget

7 Shifts

However, as a rule, the primary costs you can expect in running your restaurant are usually related to food, labor, and rent. Food cost percentage When deciding how much to price your menu items, TouchBistro advises keeping the food cost percentage anywhere between 20% and 40%. For a small business, this should be enough.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

CHEFS – WHAT DOES YOUR MENU REPRESENT?

Culinary Cues

These aspects include: décor, skill level of staff, style of service, pricing, profit, type of vendors selected, kitchen layout, equipment selection, marketing and advertising, pay scales, dining room seating, type of china, glassware and flatware, even the location and color scheme for the exterior of the restaurant.

Menu 391
article thumbnail

How to Open a Coffee Shop: The Ultimate Guide

7 Shifts

In this guide, we'll go through everything you need to open a new coffee shop, from market research to buying coffee to hiring the best team. Staffing: Find, Hire, and Schedule. You may discover that your target customers enjoy an afternoon pick-me-up and are sensitive to price. Expected menu prices. Table of Contents.

License 459
article thumbnail

15 Restaurant Metrics to Know and How To Use Them

7 Shifts

Numbers can give us insights into everything from profits and losses to average customer spend to how often employees cycle through. Employee turnover rate. Ideal menu price. Your CoGSs is an essential number to have when determining your menu prices, inventory and impacts your net profit margin. Employee Turnover Rate.

article thumbnail

Restaurant Labor Laws Cheat Sheet: Seattle

7 Shifts

Legal and other matters referred to in this article are based on 7shifts' interpretation of laws existing at the time and should not be relied on in place of professional legal advice. per hour for employers with more than 500 employees worldwide. For businesses with 500 or fewer employees worldwide, minimum wage is $15.75.

article thumbnail

5 Effective Ways to Increase Profit Margins at Your Restaurant

Cheetah

Many customers relate to the plight of service staff and are fine paying for what is clearly intended to supplement higher wages. Investing in retention will help battle the high employee turnover rate plaguing the restaurant industry right now. Finally, look for suppliers who are upfront about prices. Retention means money.