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The Impact of Restaurant Tablets on Table Turnover and Revenue

Mad Mobile

Dynamic pricing strategies Most restaurants and bars use digital menus because of their flexibility. Restaurant tablets and kiosks allow for dynamic pricing that changes based on your needs. If your chef is running an in-demand special, you can easily adjust the price or remove it from the menu when it’s sold out.

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Restaurant Franchising: 10 Essential Performance Metrics For Consistent Group-wide Profitability

Apicbase

This number reflects the unit’s total food, beverage, and merchandise sales through all the different revenue streams. Adjust your pricing. Common tactics to do so include: portion control; using tech to keep tabs on inventory ; keeping your menus focused; changing vendors (or negotiating better prices); reducing shrinkage and wastage.

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Mastering Restaurant Metrics: Your Comprehensive Guide to Business Success 

Apicbase

COGS help you determine if you’re pricing your menu items correctly based on the purchase price of the ingredients. It tells you if you’re pricing an item correctly and whether it will be profitable or not. This metric also helps you manage inventory more effectively and ensure you’re pricing menu items correctly.