Remove Food Truck Remove Influencer Remove Merchandise Remove Waste
article thumbnail

How to Avoid the Top Seven Restaurant Inventory Management Mistakes

Modern Restaurant Management

Inefficient restaurant inventory management practices, improper storage, gaps in inventory logs, theft, and waste can cause even the most successful kitchens to struggle or fail. Forecasting tools enable managers to purchase food, beverage, and supplies at the right level. Every time a truck pulls up to the back dock, it costs money.

Inventory 175
article thumbnail

The Top 5 Restaurant Inventory Management Mistakes and How to Avoid Them

Restaurant365

With food costs running at approximately 30% or higher, learning importance of inventory management and how to prevent common mistakes is critical in successfully driving down costs and maximizing profits. Actual Food Cost (COGS). Theoretical Food Cost. Every time a truck pulls up to your back dock, it costs you money.

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 Maximise Your Restaurant Profit Margin: 5 Key Strategies

Apicbase

Understanding what influences your restaurant profit margin helps you assess the success of the business and make positive changes. The restaurant profit margin takes into account all your revenue streams, from in-house dining and takeaway orders to branded merchandise and meal kits. Then, plug your numbers into the formulas below.

article thumbnail

5 Reliable Restaurant Apps For Effective Business Management

The Restaurant Times

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%. .

article thumbnail

30 Creative Restaurant Marketing Ideas: How to Successfully Market a Restaurant in 2021

Gourmet Marketing

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.

article thumbnail

#LifeOrDeathRecipe Challenge and ‘A Woman’s Place’

Modern Restaurant Management

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 115