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Restaurant Menu Pricing: How to Set Prices That Boost Profits And Keep Customers

ChowNow

To conduct menu pricing profitably, you need to factor in the behind-the-scenes costs that keep your doors openthat includes rent, utilities, insurance, labor, cleaning supplies, linen, and everything in between. Overhead and Labor Costs: Factoring operational expenses Food isnt your only expense.

Pricing 195
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28 Strategies to Cut Costs in the Restaurant Business

Lavu

Examples of fixed costs for a restaurant include rent, insurance, and equipment lease payments. However, finding ways to negotiate lower rent or insurance rates, or to optimize equipment usage can help to reduce fixed costs. Using outdoor seating during good weather helps them save on energy and utility bills.

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Pandemic Reflections: What Lessons Has the Restaurant Industry Learned?, Part Three

Modern Restaurant Management

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.

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The Pandemic Pivots That Stuck

EATER

Cities eased permitting regulations, allowing restaurants to expand seating with outdoor dining sheds and transforming city streets into safer and more beautiful spaces. But theres still no federal sick leave policy, and often restaurants still dont provide workers with health insurance or other benefits.

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Five Reasons Your Business Needs Video Surveillance

Modern Restaurant Management

Society Insurance outlines five reasons why every business owner should have an effective video surveillance system. An enhanced system would cover every aisle in a store or every seating area in a restaurant along with full coverage of the back of house. Do you truly know what goes on when you’re not there to see it firsthand?

Insurance 389
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Is It Time to Reevaluate Your Restaurant or Bar Insurance?

Modern Restaurant Management

But now as the cloud of COVID is starting to lift and things are going back to normal, it’s important to assess whether those things are actually covered on a restaurateur’s insurance plan. Reviewing current sales can help restaurant owners better reflect numbers to date, which can save them some money on their insurance.

Insurance 414
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How Restaurants Can Attract and Retain Workers Tempted by Retail Holiday Job Offers

Modern Restaurant Management

They are struggling with false waits (customers waiting to be seated even when there are plenty of empty tables). Highlighting benefits you provide for full-time workers – benefits likely unavailable to part-time holiday retail help, such as health insurance, tuition reimbursement and retirement accounts.

Retail 558