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How to Calculate and Improve Your Bar’s Profit Margin

7 Shifts

One key area to focus on is drink sales, with cocktail sales accounting for about 23% of a bar's revenue. Start by tracking all the income your bar generates, including sales from drinks, food, and any additional services. Next, divide that cost by the total sales revenue from your drinks.

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The 5 Most Popular Restaurant Point of Sale Systems

MBB Hospitality

A good point of sale system is essential for your restaurant. This article discusses a few of the most popular restaurant point of system, or POS, available on the market today and there advantages. A restaurant POS can serve many roles depending on what you need. Lightspeed is also well equipped for COVID 19.

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Owning a Bar: Everything You Need to Know

7 Shifts

An alternative is to buy an existing bar that is up for sale. Opening and owning a bar is one of those unique life experiences; you have no idea what it will be like until you actually go for it. And while it can be enjoyable, rewarding, and, yes—even profitable, it also requires long hours and hard work. How Do I Run a Profitable Bar?

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What Are Crytpo Restaurants Serving Up?

Modern Restaurant Management

Crypto has not made up a big portion of Starbucks' overall sales, but this collaboration is significant nonetheless. Cryptocurrency has real-world applications in the food industry, with restaurants using it to create new and exciting foods for their customers and find ways to use crypto as payments.

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Maximise Your Restaurant’s Efficiency with POS Integration: 7 Benefits of Combining Point of Sales with F&B Management Software

Apicbase

Although the point-of-sale system (POS) remains the technological heart of restaurants, numerous technologies run behind the scenes these days. This end-to-end solution uses data from your POS to provide insights into sales, food costs, menu engineering and inventory management. Restaurant technology has come a long way.

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POS Market Momentum Continues

Modern Restaurant Management

Restaurant point-of-sale (POS) terminals are steadily replacing the now obsolete cash registers used in restaurants. These systems are also being used as they support future restaurant technologies like self-serving kiosks. Booming Fast-Food Restaurant Space.

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How to Open a Coffee Shop: The Ultimate Guide

7 Shifts

Sourcing Equipment. Do they serve just coffee or small foods as well? We're all here for it! Coffee shops can be so much more than a place to grab a cup of joe and a croissant. They are places where friends and family gather, where ideas are formed and spread, and where important work gets done. Table of Contents. Coffee Shop Concepts.

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