Open for Business

SEPTEMBER 2, 2024

Running a successful restaurant involves more than just serving great food. It’s helpful for understanding your restaurant profitability, and there are two main types you need to consider: Gross profit margin measures profit from food and beverage sales before accounting for operating expenses.

Point of Sale 78

Point of Sale Seasonal Menu Customer Service Small Business 78

The Restaurant Times

OCTOBER 14, 2021

A low inventory turnover ratio implies low sales or too much merchandise in stock , whereas a high inventory turnover ratio shows great sales or a faulty inventory purchase strategy. Food has a relatively short lifespan, and so it’s critical to measure turnover.

Inventory 52

Inventory Merchandise Food Supply POS 52

Notch

JANUARY 23, 2019

For example, fast-food margins can be much higher than full-service restaurants. You can find the cheapest place to purchase food—but you can’t control the weather conditions, or gas prices that may cause food prices to rise. Reducing food waste throughout your operation can have a massive impact on your profits.

Email Marketing 52

Email Marketing Merchandise Website Management Point of Sale 52

Apicbase

MARCH 17, 2023

High inflation, labour shortages, supply chain problems and changing consumer demands are black clouds on a sunny day. They make it hard for food businesses to remain competitive and turn a healthy profit. AI tools even allow you to automate core tasks like food preparation or production. At least, that is how it feels.

Customer Experience 52

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Apicbase

JUNE 16, 2023

By regularly tracking his inventory and procurement metrics, Fabio was able to reduce his kitchens’ food costs by 18%. In the fast-paced world of the food service industry, having this kind of quick, daily check can be a game-changer. Food Cost Percentage This metric measures that proportion of your food cost with your overall sales.

Point of Sale 52

Point of Sale Inventory Waste Employee Relations 52

BNG Point of Sale

AUGUST 27, 2021

It is also not an easy one–regardless of the restaurant size and business model–with plenty of competition to contend with while trying to stay on top in terms of the quality food it serves and its prices. To do so, you will need to know how much each of your dishes cost per serving as well as the proportion of your food costs.

Point of Sale 52

Point of Sale Customer Service Social Media Online Ordering 52

Gourmet Marketing

SEPTEMBER 23, 2021

After five purchases, they could get a free meal or drink with their food. If you’re going to use food photos, make sure they’re high-quality images. Work with food delivery services. Food delivery services are a fantastic option for your marketing efforts and getting the word out there.

Marketing 61

Marketing 2021 Social Media Website Management 61

Modern Restaurant Management

AUGUST 28, 2020

He began his life-long career in the hospitality business at the food service division of Stouffer in Newark, N.J., and joined the Marriott Corporation in 1965 to help launch its fast-food division, beginning with Hot Shoppes Jr., It’s fun to be able to offer the city food from such a great brand through our Kitchen Center.”

Allergens 365

Allergens Kitchen Safety Guest Recovery Customer Service 365

Cheetah

NOVEMBER 23, 2021

These small bites require just as much food as entrees, but demand meticulous prep work (and thousands of toothpicks). Unfortunately, many catering businesses suffer from disorganized operations, especially in relation to sourcing supplies, prepping food and retaining staff. >>> Need help forecasting?

Catering 148

Catering Food Supply Seasonal Menu Supplies 148

The Restaurant Times

NOVEMBER 11, 2021

When it comes to starting a food business, restaurant apps that can keep up with current tech and industry trends are crucial to keeping demand and supply in check. The food industry is a rapidly growing and evolving industry. Moreover, with this software, food waste can be reduced by 50%. .

Management 93

Management Management Mobile Ordering Online Ordering 93

EATER

SEPTEMBER 16, 2021

Pandemic-related materials, food, and labor shortages make running an independent restaurant near-impossible. At its start, the pandemic brought us images of vast trenches of rotting onions, piles of abandoned produce, and lakes of wasted milk, dumped by farmers who no longer had restaurants to buy their products.

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Front of House Food Supply Back of House Supplies 321

Modern Restaurant Management

APRIL 29, 2025

Meanwhile, according to consumers, here are some opportunities for restaurants: Packaging : 90 percent say they’d order a greater variety of items if the food maintained on-premises quality during delivery; over half would pay more for premium packaging that supported quality during transport. percent for Starbucks, 4.3

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Reservations 2025 Marketing Loyalty Program 488