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How to Calculate and Improve Your Bar’s Profit Margin

7 Shifts

A bar is a profitable business option if you’re looking to enter the food industry. Start by tracking all the income your bar generates, including sales from drinks, food, and any additional services. Once you have that total, subtract all of your costs, such as labor, inventory, rent, utilities, and other operating expenses.

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Five Ways for Restaurants to Thrive When Offices Reopen

Modern Restaurant Management

Many offices are requiring individual packaging for catered food and even office snacks. Make sure your hours of operation are current and consistent on your website, social media, and your voicemail message. Disrupted supply chains may affect your menu. Here are five ways your restaurant can make the most of the return to work.

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Boost Your Restaurant Business with Five Local Marketing Tips

Modern Restaurant Management

Today, examine the effects the pandemic has had on the restaurant and food service industry as well as five simple but effective marketing techniques to boost your local business. Restaurants were harder hit than most because many food related businesses weren’t ready to transition to digital services.

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How to Avoid the Top Seven Restaurant Inventory Management Mistakes

Modern Restaurant Management

Forecasting tools enable managers to purchase food, beverage, and supplies at the right level. Employees designated as receivers should be able to both recognize various quality levels of merchandise and be trained how to handle the necessary paperwork and any digital recordkeeping.

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Inflation is Changing the Ways Restaurants Operate

Goliath Consulting

To cover supply chain costs, restaurant owners need to raise their prices. According to Jonathan Maze from Restaurant Business , limited-service and full-service restaurants have raised prices to at least 7% over the past year as grocery prices are soaring as well, which means a more expensive supply chain. percent over the year.”

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How Walmart Got Its Hands on the Coolest Pantry Brands

EATER

Lille Allen Brands like Fly By Jing and Bachan’s are reaching a whole new audience from the shelves of the ultimate big-box store The last decade or so has been a golden era for cool food products sold directly to consumers online. It was just way too much for one person to deal with.”

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Face Pay Network, Restaurant of the Future and The Main Course

Modern Restaurant Management

. “Restaurant of the Future: How to Take Advantage of the Digital Transformation,” a panel discussion about how technology spurred by COVID-19 will help shape the way restaurants operate, will take place on Thursday, Aug. US Foods Ghost Kitchens. US Foods Holding Corp. 20 at 4 p.m.