7 Shifts

MAY 23, 2024

Food cost percentage When deciding how much to price your menu items, TouchBistro advises keeping the food cost percentage anywhere between 20% and 40%. Solutions can include preparing for possible changes in pricing, staffing, customer trends, and new technology. Most restaurants try to keep it at around 30% to be safe.

Point of Sale 222

Point of Sale Seasonal Menu Food Supply Cash Management 222

The Restaurant Times

FEBRUARY 7, 2023

Menu pricing is one of the most underestimated aspects of restaurant management. If your customers don’t think the prices on your menu are reasonable, how great your concept or your food is won’t matter much. This is where the concept of dynamic pricing comes in to help restaurants!

Pricing 52

Pricing Menu Seasonal Menu Point of Sale 52

Apicbase

OCTOBER 28, 2022

If CoGs and overheads rise due to inflation, your menu prices should follow. But before adding a flat 5% to each menu item, use these tactics. That way, you can keep price increases minimal. In normal circumstances, when menu prices have to be adjusted, it is usually done strategically and with great caution.

Pricing 98

Pricing Point of Sale Inventory Seasonal Menu 98

Lavu

FEBRUARY 14, 2024

A state-of-the-art restaurant POS System, specifically tailored for bars and restaurants, streamlines transactions, inventory management, and customer service, ensuring that business owners can focus on what they do best—serving their patrons. That’s why inventory management is one of the most important features of a good bar POS system.

POS 164

POS Bar Point of Sale Front of House 164

Modern Restaurant Management

NOVEMBER 30, 2023

Streamlining Inventory and Menu Studies show that restaurants waste an average of four percent to 10 percent of all the inventory they purchase. For instance, if table turnover rates are lagging, it might be time to train staff for faster service or tweak the menu for speedier dish preparation.

POS 118

POS Operations Loyalty Program Seasonal Menu 118

SpotOn

MARCH 18, 2024

On the other side of the dining spectrum, there are restaurants with menus that offer an entire meal at a set price, also known as the prix fixe menu. The prix fixe menu is ideal for guests seeking to indulge in a larger meal for a higher price. The prix fixe menu doesn't only need to serve French food.

Menu 98

Menu Dietary Restrictions Fine Dining Seasonal Menu 98

Xtra Chef

DECEMBER 2, 2020

Restaurant inventory management with Excel takes too time and can lose you money. Inventory management with Excel in restaurants is a common food cost control method that helps you order the right amount of food at the right time to minimize waste, reduce food costs, and maximize profits. Here’s a better solution.

Inventory 91

Inventory Management Management Cash Management 91

7 Shifts

AUGUST 20, 2021

Look at Your Menu. If you plan to accommodate for the wage increases by making adjustments to your menu, there are subtle ways to introduce new prices that won't rub diners the wrong way. Consider how you're writing prices in your menu. Menu Engineering. Standardize menu items. Try 7shifts for Free.

Inventory 195

Inventory Food Supply Seasonal Menu Food Order 195

Culinary Cues

OCTOBER 19, 2023

This would likely include on-going learning opportunities way beyond a typical orientation for new employees and week-long immersion into menu, systems, and upselling techniques. Even more importantly, the operation might identify key seasoned employees with an expertise in a particular skill, cuisine, plating, organization, etc.

Training 367

Training Seasonal Menu Back of House Leadership 367

The Restaurant Times

JUNE 6, 2023

Restaurant management software revolutionizes food establishments’ operations by providing efficient tools to manage inventory and control costs. With the complexities of running a restaurant, tracking inventory manually can be time-consuming and prone to errors.

Inventory 52

Inventory Management Management Food Supply 52

7 Shifts

OCTOBER 8, 2021

Food and Inventory Costs. By combining inventory management tools with restaurant employee scheduling software , you can get a better grip on the costs you can control. Here are a few ways to keep both parts of your prime costs under control with tools from 7shifts and XtraChef: Food and Inventory Costs. Table of Contents.

Seasonal Menu 195

Seasonal Menu Consumer Goods Food Supply Inventory 195

Ken Burgin

JULY 23, 2023

So I asked it to ‘Give me 10 ways ChatGPT’s new Code Interpreter could analyse and improve menu profitability for a restaurant or cafe? Here’s what came back: ChatGPT’s Code Interpreter can add significant value by analysing and improving menu profitability in the following ways: 1.

Menu 113

Menu Seasonal Menu Point of Sale Pricing 113

7 Shifts

DECEMBER 18, 2019

It’s December, and the air is seasoned with the scent of cinnamon, spice, and everything nice. Create a fixed-price ‘Mix and Match’ menu with soups, salads, and sandwiches for customers to choose from. (If If you’re stuck on how to price, $9.95 Want to capture the hungry, back-to-school lunch crowd for January?

Specials 362

Specials Food Truck Seasonal Menu Social Media 362

The Restaurant Times

NOVEMBER 8, 2021

You need to carefully price your restaurant menu to make it to the top and earn as much as possible. While it’s understandable that you want to make a profit, being overly aggressive with your menu pricing can drive the customer away. It is about the right balance when applying your pricing strategies. .

Pricing 59

Pricing Menu Consumer Goods Seasonal Menu 59

Apicbase

MAY 21, 2024

Whether launching a new concept or expanding into a different market, menu development is critical for a restaurant’s success. That means balancing brilliant ideas with practicality and taking the time to consider all variables that can impact food costs , menu scalability, and customer first impressions. What is Menu Development?

Menu 52

Menu Dietary Restrictions Allergens Seasonal Menu 52

Modern Restaurant Management

OCTOBER 2, 2023

Keep an Eye on the Inventory There’s no substitute for taking regular inventory – not just knowing what’s been ordered, but what’s in stock, what condition it’s in, and how long it’s been in the restaurant. Got a few extra gallons of milk about to hit the expiration date? Technology? Not so much.

Waste 181

Waste Technology Food Inventory 181

Open for Business

FEBRUARY 21, 2024

While traditionally associated with fine dining, the prix fixe (pronounced “pre-feks”) menu has transcended its high-end roots, becoming a popular culinary trend. When curated with care and promoted effectively, this menu is a powerful tool for any restaurant, capable of making a memorable impression and drawing eager guests through the door.

Menu 78

Menu Seasonal Menu Fine Dining Social Media 78

Perfect Daily Grind

FEBRUARY 28, 2023

When roasters sell a previous harvest of a particular coffee to customers and then buy a new harvest which currently isn’t on their menu. Coffee is a seasonal product – it’s harvested at different times around the world, it ships at different times, and arrives at different times. It’s mainly about ‘first in, first out’,” Richard says.

Seasonal Menu 196

Seasonal Menu Cash Management Inventory Management 196

Modern Restaurant Management

OCTOBER 11, 2021

With colder weather right around the corner for many parts of the country, now is the time for restaurant owners to utilize their POS technology to maximize outdoor dining profits and capitalize on the end of summer season. Actionable Insights Gathered by POS Data. Customized and Tailored Promotions.

Outdoor 193

Outdoor POS Front of House Seasonal Menu 193

Apicbase

JULY 20, 2023

Tight inventory management is crucial to the profitability of any restaurant business, but it’s especially important for multi-outlet businesses, where mistakes and small discrepancies are multiplied many times over. But when you have reliable inventory information and PAR levels figured out, you can send purchase orders with confidence.

Inventory 40

Inventory Food Safety Cash Management Waste 40

Restaurant Engine

AUGUST 2, 2020

Restaurant owners implement Enterprise Resource Planning (ERP) solutions for inventory management and real-time low stock notifications. Also, when inventory levels fall below par, an ERP system will prompt a manager to re-stock, or even automatically place an order to a supplier. Stockpile : Stock value of product.

Inventory 80

Inventory Management Management Point of Sale 80

Restaurant365

MARCH 10, 2020

When you think of your restaurant finances, do you think of your inventory? Your restaurant inventory management is an oft-forgotten component of your finances, but the amount of product you have on hand represents a large part of your budget. What is Restaurant Inventory Management? Sitting Inventory.

Inventory 103

Inventory Management Management Waste 103

Apicbase

FEBRUARY 29, 2024

Read on to learn strategies to optimise recipe calculations and ensure every dish on your menu contributes positively to your bottom line. Careful cost calculations make purchasing more accurate, reduce food waste and cut inventory costs. This financial insight is critical for setting prices, budgeting, and managing food costs.

Inventory 52

Inventory Waste Seasonal Menu Pricing 52

Apicbase

FEBRUARY 29, 2024

Read on to learn strategies to optimise recipe calculations and ensure every dish on your menu contributes positively to your bottom line. Careful cost calculations make purchasing more accurate, reduce food waste and cut inventory costs. This financial insight is critical for setting prices, budgeting, and managing food costs.

Inventory 52

Inventory Waste Seasonal Menu Pricing 52

MBB Hospitality

NOVEMBER 15, 2023

It involves tracking the cost of each ingredient, understanding seasonality, and recognizing price fluctuations. Using cost percentage formulas, you can determine the ideal cost for each item on your menu. Building strong relationships with suppliers can lead to more favorable pricing and terms.

Seasonal Menu 52

Seasonal Menu Food Waste Loyalty Program 52

Culinary Cues

MARCH 3, 2021

Down the street – a cadre of small independent restaurants with smaller staff requirements and tasty rustic menus would have been profitable except rents on their space had gone through the roof ever since this high end, 8-course menu, mecca restaurant opened its doors.

Dine-in 416

Dine-in Small Business Seasonal Menu Café 416

ChefMod

OCTOBER 20, 2021

Food costing solutions eliminates the dull, tedious manual work associated with food costing and pricing processes. That results in superior inventory management, which is critical when dealing with perishable produce. Accurate forecasting anticipates how much inventory you need to avoid overstocking and stock runouts.

Catering 52

Catering 2022 Pricing Food Supply 52

7 Shifts

MAY 31, 2021

For example, kitchen managers rely on software to let them know how much expected inventory they have in stock. Inventory was ordered based on par levels, which are set based on sales forecasts, which are in turn determined by how many guests you'll serve and what they'll order. All tasks in a restaurant are interconnected.

Operations 363

Operations Inventory Hiring Customer Service 363

Apicbase

JANUARY 25, 2024

By controlling inventory and kitchen operations, you cut food waste and costs. A vital restaurant metric ensuring profitability on every menu item. For restaurants, it measures the cost associated with producing each item on the menu. In reality, you’ll have more profitable and less profitable dishes on your menu.

Inventory 52

Inventory Seasonal Menu Waste Kitchen Safety 52

Apicbase

JANUARY 25, 2024

By controlling inventory and kitchen operations, you cut food waste and costs. A vital restaurant metric ensuring profitability on every menu item. For restaurants, it measures the cost associated with producing each item on the menu. In reality, you’ll have more profitable and less profitable dishes on your menu.

Inventory 52

Inventory Seasonal Menu Waste Kitchen Safety 52

The Restaurant Times

JULY 30, 2020

A restaurant inventory comprises all the items or raw materials required to prepare dishes. As the volume of business increases, inventory management becomes a crucial part of restaurant operations. This article explains how restaurants in the UAE can optimize their inventory using proven restaurant inventory management techniques.

Inventory 52

Inventory Management Management Food Supply 52

Clover - Restaurants

MAY 7, 2024

Executive Chef Job Description As Executive Chef, your breadth of professional experience is matched by your passion for culinary excellence, strong leadership skills, and creative flair for menu development. Provide valuable input on pricing, menu adjustments, and marketing initiatives to enhance the overall dining experience.

Back of House 52

Back of House BOH Kitchen Safety Front of House 52

Restaurant Clicks

JULY 15, 2021

It sets the tone of a business establishment and sets the most profitable prices. An adequate food cost ratio helps you price your menu to sell dishes effectively and maximize profit. Cost tracking also allows you to adjust to changes in restaurant sales and adjust prices of products on the go.

Food 78

Food Seasonal Menu Inventory Point of Sale 78

Restaurant365

MARCH 10, 2020

When you think of your restaurant finances, do you think of your inventory? Your restaurant inventory management is an oft-forgotten component of your finances, but the amount of product you have on hand represents a large part of your budget. What is Restaurant Inventory Management? Sitting Inventory.

Inventory 78

Inventory Management Management Waste 78

Apicbase

FEBRUARY 8, 2024

This strategic orchestration extends to menu planning, pricing, inventory management, health and safety protocols, and the testing and implementation of new technology. Menu Engineering Menu engineering is the practice of strategically crafting and optimising your menu to maximise profitability and customer satisfaction.

Definition 52

Definition Operations Management Management 52

Restaurant365

FEBRUARY 22, 2022

Similarly, analyzing your operations data and making critical business decisions regarding labor and inventory can improve operational efficiency. Accurate restaurant inventory management is the key to reducing food waste, and inventory is informed by your restaurant data. Improve Margins on Menu Items.

Point of Sale 147

Point of Sale POS Inventory Seasonal Menu 147

Cheetah

JANUARY 20, 2022

When the Covid-19 delivery boom took off, many restaurants shortened their menu in order to focus on their best, and most delivery-friendly, items. But as supply chain issues, labor shortages and health concerns persist, the small menu trend is making increasingly more economic and operational sense as a long term strategy.

Seasonal Menu 148

Seasonal Menu Food Supply Allergens Supplies 148