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Merch with a Mission: Creating Brand Ambassadors

Modern Restaurant Management

"Merchandise is more than just a revenue stream — it’s a way to deepen the connection with your customers and expand your brand’s reach." Merchandise became a natural extension of this vision, offering customers a way to carry the brand with them and become ambassadors for the experience.

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How to Calculate and Improve Your Bar’s Profit Margin

7 Shifts

Once you have that total, subtract all of your costs, such as labor, inventory, rent, utilities, and other operating expenses. Bars that effectively manage their inventory and reduce waste tend to maintain higher margins. To calculate your pour cost, you have to know the total cost of your alcohol inventory.

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Untapped Areas of Profitability in a Full-Service Restaurant

Squirrel Systems

To enhance profitability: Implement an inventory management software to track liquor usage and reduce waste. Promoting event hosting for corporate gatherings, birthdays, and special occasions via digital marketing. Monetizing Merchandise & Retail Items via E-commerce Brand loyalty doesnt have to end at the dining table.

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Inside the World of Hospitality and Leisure Accounting

Paper Chase Accountancy

We’ll explore the specialized functions, the day-to-day realities of managing finances, and critically, how modern solutions like outsourced bookkeeping and cloud-based tools empower these businesses to not just survive, but thrive and stay profitable in a highly competitive market. Discover best practices and common pitfalls to avoid.

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POS system performance: What Your POS System Says About Your Restaurant

Lavu

How Customization Enhances POS System Performance and User Experience Your POS should work for your specific location out-of-the-box, especially if your operation has any special requirements. Lastly, a restaurant POS can keep a track on restaurant inventories, ensuring sales report matches your inventory report.

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Restaurant Profit Margin: 7 Ways To Actually Make Your Operation More Profitable

SpotOn

This is all the income from your food and beverage sales, catering, branded merchandise, packaged goods, venue hire, etc. Your Cost of Goods Sold are your food and beverage costs along with the cost of any merchandise you sell. Inventory management software does that for you. Labor costs. Overhead costs.

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MRM Research Roundup: Delivery Fraud, the Playground Effect, and Top 100 Places to Eat

Modern Restaurant Management

In one case, Incognia identified a single Samsung device that accessed over 200 accounts to fraudulently return more than $5,000 worth of stolen merchandise. ” Special guest speaker, Sonat Birnecker Hart, president and founder of KOVAL Distillery in Chicago, underscored the devastating impact tariffs have had on small craft distillers.