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How to Handle Temporary Restaurant Closure during COVID-19

7 Shifts

states are forcing non-essential businesses to stop operations. However, many states that are forcing restaurants to stop their dine-in services are allowing them to operate as takeout and delivery-only establishments. Consider things like merchandise sales, inventory sales, or private cooking lessons.

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How to Open a Coffee Shop: The Ultimate Guide

7 Shifts

This research will dictate your hours of operation and pricing plans! So, make the most of this step– gathering this information will help you plan, operate, and run a successful coffee shop. A common way for coffee shops to get financed is through business loan programs. List all employees and partners. Business loan.

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MRM Research Roundup: Mid-April 2020 Edition

Modern Restaurant Management

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features the dismal March restaurant sales, security, loyalty, trends and teen consumer behaviors. Here are highlights: Take-out is key to sales for outlets that are still operational, growing by +110 percent for the week ending March 28 vs. an average week.

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How the Tech Industry is Shaping the Future of Dining

Lavu

The reason is simple: comprehensive restaurant management systems make restaurant operations more efficient, straightforward, and ultimately beneficial to everyone involved, from restaurant owners to customers. And new smart devices and operational systems will improve guest service and streamline operations.”

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Restaurant Profit Margins: A No-Brainer Guide to Maximizing Your Profits

Notch

As an owner-operator, your restaurant likely sits at the center of your life. There are two ways to improve your profit margin: increasing your total revenue, or cutting back your operating costs. Reducing food waste throughout your operation can have a massive impact on your profits.

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Our Guide to Average Gross Profit for Restaurants 

BNG Point of Sale

Even as the hospitality industry and catering service businesses throughout the country begin to reopen, owners and operators are faced with a whole new set of issues. This number is helpful to measure restaurant efficiency, but it does not consider all your operating expenses. . million and its cost of goods sold was $400,000. .

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Restaurant Profit Margins: A No-Brainer Guide to Maximizing Your Profits

Notch

As an owner-operator, your restaurant likely sits at the center of your life. There are two ways to improve your profit margin: increasing your total revenue, or cutting back your operating costs. Reducing food waste throughout your operation can have a massive impact on your profits.