Modern Restaurant Management

MARCH 11, 2025

From a legal perspective, Insurance : the pandemic highlighted the limitations of insurance policies. Several high-profile restaurant groups brought litigation against insurance companies for their coverage position, but were ultimately unsuccessful. Innovate or die was the new mantra.

Mobile Ordering

Modern Restaurant Management

MAY 12, 2022

But the lingering effects of the pandemic continue to make this a challenging time for our industry as ongoing staffing issues and supply chain disruptions, in many cases, lead to reduced menus and shorter hours of operation. Identify the Winner on Your Menu. Is it a signature dish, a dry rub or a certain seasoning?

Retail

7 Shifts

JULY 12, 2024

Fixed costs Fixed costs are expenses that remain constant, including rent, insurance, and utilities. If transferring isn’t an option, you can try to reduce other fixed costs like insurance premiums. Train your staff to use ingredients efficiently and plan your menu to minimize waste. Constantino writes.

Food Truck

7 Shifts

AUGUST 2, 2024

By tracking metrics like customer retention and employee turnover rate, contribution margin, and menu item profitability, restaurant managers can identify each area’s strengths and what areas need improvement. This number is essential because it helps you determine the price of your food and beverages.

Point of Sale

7 Shifts

AUGUST 18, 2024

Not only do you have to manage many costs including, labor, equipment, and food—but you have to do it while dealing with inevitable price increases. Whether it’s food cost increases due to inflation or a labor cost rise due to rising minimum wage, cost increases, like taxes, are pretty much a guarantee in the restaurant industry.

License

7 Shifts

MAY 23, 2024

This includes: Net Sales: The total revenue derived from your sale of food and beverages. However, as a rule, the primary costs you can expect in running your restaurant are usually related to food, labor, and rent. This can reduce your budget for ingredients and, at the same time, minimize food waste.

Point of Sale

Modern Restaurant Management

NOVEMBER 4, 2019

to add Meatless Farm’s plant-based products to its menu. Beginning today, guests can order from the restaurant’s ‘Meatless Monday’ menu, which consists of Pomodoro’s signature italian dishes, reimagined with 100-percent plant-based ground in place of traditional meat. It’s just a delicious meatball.”

Fast Casual

7 Shifts

JULY 5, 2024

Running a restaurant is not just about serving great food; it’s also about managing finances. The average profit margin of full-service restaurants ranges between 3% and 5%, while their fast-food and casual counterparts’ margins fall between 6% and 9%.

Cash Management

7 Shifts

OCTOBER 8, 2021

There are dozens of costs associated with running a restaurant, and many of them remain out of your direct control: rent, utilities, insurance—etc. Those are your food costs and your labor costs , and together they make up your prime costs. Food and Inventory Costs. But the bulk of a restaurant's costs can be controlled.

Seasonal Menu

Restaurant365

MAY 26, 2020

Your prime cost is a fundamental metric to track, because it includes your two largest expenses: food and labor. Your CoGS is made up of the products you purchase to make the menu items you sell. For a restaurant, this includes your food and beverage ingredients, as well as other supplies like napkins, coffee filters, etc.

Point of Sale

Deliverect

MARCH 24, 2021

But every food business is different. But you should also consider that investment in kitchen tech, order management equipment, menu optimization , and the right team will massively improve your chances of success in the competitive delivery market. The food truck operator looking to scale. here’s some reading for you.

Food Truck

Lavu

MAY 30, 2025

Running a successful restaurant takes more than great food and serviceit requires a solid grasp of your finances. These are the fixed and variable expenses that keep your business running, from rent and utilities to staffing and supplies. Throwing food in the trash is almost equivalent to throwing money in the garbage.

Cash Management

Restaurant365

OCTOBER 23, 2019

Cost of Goods Sold (COGS) is the combined costs of food and beverage ingredients that were sold at your restaurant over a certain period of time. COGS totaled takes into account the ingredients that make up your food andbeverage sales, and related supplies (like napkins or coffee filters). Example of a Prime Cost Formula.

Point of Sale

Open for Business

SEPTEMBER 2, 2024

Running a successful restaurant involves more than just serving great food. It’s an all-important metric that influences everything from menu pricing to operational decisions and beyond. Net profit margin is your bottom line—what’s left after paying for everything, including food costs, labor, rent, and other operating expenses.

Point of Sale

MBB Hospitality

APRIL 14, 2023

Yes, the Winter season might slow things down depending on the location. You’ll learn the tips on selecting a prime location, creating a profitable menu, deciding on a budget, and hiring a staff. Your budget should cover the costs tied to research, inventory supplies, licensing fees, staff wages, and the usual overhead costs.

License

BNG Point of Sale

SEPTEMBER 2, 2021

This blog post will go over the typical restaurant overhead costs and expenses, including rent, utilities, labor wages for employees, licenses and permits, food cost percentages, and more. The costs in this budget include the rent payments, the salaries, insurance, property taxes, and everything else. Office supplies .

Employee Relations

Apicbase

JUNE 16, 2023

By regularly tracking his inventory and procurement metrics, Fabio was able to reduce his kitchens’ food costs by 18%. For example, you can use sales data to track trends in customer spending and identify your most profitable menu items. Example Take Fabio Haebel , founder of the popular dark kitchen network Circus in Hamburg.

Point of Sale

Modern Restaurant Management

APRIL 7, 2020

This edition of MRM News Bites features the Independent Restaurant Coalition, Tripadvisor, Inspire Brands Foundation, WorkJam, EZ-Chow, US Foods, Potbelly Pantry, Just Salad, Zalat Pizza, Kentucky Fried Chicken, California Pizza Kitchen, Nando’s and Street Factory Media. Ensuring business interruption insurance covers COVID-19.

Tip Distribution

Modern Restaurant Management

DECEMBER 18, 2019

As more meatless options become popular throughout the hospitality scene, Tripleseat released three popular menu options trending this holiday season as restaurants prepare for dinner parties. Restaurants are serving plant-based burgers, with either Impossible Foods or Beyond Meats. Meatless Trends. JACK of all trades.

Seasonal Menu

Modern Restaurant Management

JULY 27, 2020

Interest for alcohol-related experiences has increased since June 1, relative to other food activities, with a rise in consumer interest for wineries (up 51 percent), cideries (up 39 percent), breweries (up 24 percent) and distilleries (up 19 percent). Meanwhile, grocery related businesses are on the decline as people spend less time at home.

Franchising

EATER

JULY 6, 2022

Located on a working farm that was once part of a sprawling Rockefeller estate, the restaurant is a beacon of the sustainable food movement. But then, they say, they came to realize that the story told by the restaurant — that a fine dining establishment can create a blueprint for transforming the food system — is essentially a fantasy.

Compost

Hot Schedules

MAY 18, 2021

of food handled. The team delivered over 1,500 pounds of food to these seniors, spreading Easter cheer in the process. The teams in London and Denver, reduced in opportunity amid tighter lockdown restrictions, opted to raise money for local charities focused on assisting laid-off hospitality workers and addressing food insecurity.

Employee Relations

EATER

JANUARY 18, 2022

Breaking down the food, labor, and fixed costs of Bé Ù’s caramelized pork with eggs We often presume to understand restaurant economics because we know what a chicken breast costs at the supermarket. “I Uyên Lê has profitable items on her menu at Bé Ù, like her banh mi. caramelized pork with eggs (thit heo kho) on the menu.

Online Ordering