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How to Read a Restaurant P&L (Profit and Loss) Statement + Free Template

SpotOn

That could simply be food sales , alcohol , and non-alcoholic beverages. Cost of Goods Sold (COGS) Your Cost of Goods Sold is the cost of your food and beverages. That way you'll have accurate food and beverage cost percentages for each COGS line item. This can also be referred to as operating costs.

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Everything You Need to Know About Michigan Cottage Food Law

The Food Corridor

Michigan’s Cottage Food Law allows food entrepreneurs to legally sell certain homemade goods directly to consumers without the need for a commercial kitchen. This law has made it easier for aspiring bakers, jam makers, and food enthusiasts to start their businesses from home. What is Michigan’s Cottage Food Law?

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How to Create an Effective Restaurant Onboarding Process

7 Shifts

Reviewing health and safety protocol. Give out hard copies and make digital copies accessible on a cloud storage system so that staff can easily reference them. Health and safety training Health and safety training has always been critical to the restaurant industry. Learning general guidelines and procedures.

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How to Open a Bar: Comprehensive Guide on Starting a Bar

7 Shifts

While this could be a rewarding venture, opening a bar is not exactly the same as opening a food business. However, note that bar profit margins vary due to various factors like tax rates, licensing laws, customer demographics, and the cost of living in your area.

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QR Codes and Digital Menus are Transforming the Restaurant Business

Goliath Consulting

Once the lockdown restrictions were lifted, many people were still concerned about their health and safety when dining at restaurants. QR codes and digital menus allow for customers to order food and beverages at restaurants and avoid touching physical menus that may or may not have been sanitized properly. References.

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Should Your Restaurant Group Have a Commissary Kitchen?

Restaurant365

A commissary kitchen is a dedicated kitchen space where a foodservice operator can process, prepare, and store food. While these types of kitchens have always been a feature of the restaurant industry, new trends in food service have led more owners and operators to consider adding them to their business model.

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How To Acquire Permits To Start A Restaurant In The UAE

The Restaurant Times

Consequently, the country’s food service industry has evolved to become one of the world’s most diverse food markets due to the influx of more foreigners coupled with a large expatriate population in Dubai and Abu Dhabi. . The authorities will run rigorous assessments focusing on consumer health and safety. Trade License.

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