Remove Food Supply Remove Merchandise Remove Small Business
article thumbnail

Boost Your Restaurant Business with Five Local Marketing Tips

Modern Restaurant Management

The pandemic has ravaged many businesses in the country and few industries were hit as hard as the restaurant industry. So it makes good business sense to revamp your marketing strategies. The Pandemic and the Restaurant Business. Thousands upon thousands of restaurants were forced to close for safety reasons, some permanently.

Marketing 568
article thumbnail

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. Analyze your product mix Review the drinks and food items you sell the most and least.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

Inventory 450
article thumbnail

How to Open a Coffee Shop: The Ultimate Guide

7 Shifts

Write a Coffee Shop Business Plan. This step and research component is the foundation behind your business, and should be taken seriously! Visit them to learn more about what drives their business. Do they serve just coffee or small foods as well? Competition and neighboring businesses. Table of Contents.

License 459
article thumbnail

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. We were finally at a point in our business where we were ready for that kind of volume,” she says. “As

Retail 305
article thumbnail

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

Modern Restaurant Management

A number of restaurant and retail store owners in the city of Pasadena have quietly established the nation’s first dense “face-pay” network, top video.These small business owners have embraced an advanced facial recognition technology that lets their customers make secure, hands-free purchases using only their faces.

article thumbnail

Safe Distancing Tech and a Farewell to Foam

Modern Restaurant Management

The idea of purchasing Dining Bonds seemed to strike a chord with the public as a way to provide much needed financial support in order to help restaurants stay in business. The company is exploring collaborations with corporate partners and charities, as well as merchandise sales, to keep its mission alive. "When