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Restaurant Failure Rate: Why Restaurants Fail And How To Make Yours Succeed

ChowNow

What the data doesnt show is just how many of these restaurant closures come down to preventable issues, like: Poor financial management No marketing plan Lack of clarity around the restaurants concept The key takeaway here is: failure is not inevitable. Lack of Marketing and Visibility The Issue: Hoping if you build it, they will come.

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Average Restaurant Profit Margins: What They Are And How to Improve Yours

ChowNow

It factors in all your operating expenses, like labor, rent, insurance, equipment repairs, marketing, and more. Labor costs keep rising, especially in markets with mandatory wage hikes or staff shortages. Net Profit Margin Your net profit margin, on the other hand, is the big picture. added up to $60,000.

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How to Open a Deli in 2025: A Complete Step-by-Step Guide for Success

Lavu

If youre wondering how to open a deli that stands out in a competitive food market, this guide walks you through every critical step from business planning and licensing to choosing the right equipment and location. If you are sourcing ingredients and products from multiple vendors, consider investing in inventory management software.

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How to Read a Restaurant P&L (Profit and Loss) Statement + Free Template

SpotOn

Your P&L line items should be consistent with the ones on different platforms—POS, inventory management, and accounting software. Gross sales are used to identify trends, seasonal shifts, and the impact of marketing campaigns. Digital advertising, marketing software , printed menus, signage, promotions, and loyalty programs.

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Your Guide to A Food Truck Commissary: What it is and How to Start One

The Food Corridor

These licensed commercial spaces give operators a place to store inventory, prep food, and clean their equipment—ensuring they meet health codes and run efficiently. Secure Licensing & Permits Obtain the necessary business licenses, health permits, and zoning approvals.

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How to Open a Corporate Cafeteria in 2025: Step-by-Step Setup & Profit Guide

Lavu

One important tip is to conduct thorough market research to understand the preferences and needs of employees. Lastly, it is crucial to set competitive prices that align with the target market and location. Consider legal requirements like licenses and permits. What licenses and permits are needed to open a corporate cafeteria?

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Restaurant Accounting Tips Made Simple: Expert Ways to Boost Profits in 2025

Lavu

Well, accounting brings deep insights into the financial status of your business and its performance in the market. Restaurant accounting is the process of interpreting and analyzing the revenue, cash flow, inventory, and income statements of a restaurant. So, what is restaurant accounting? What does an accountant do in a restaurant?