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

ChowNow

When you decided to open a restaurant, you probably didnt picture yourself glued to spreadsheets or tracking the price of eggs, but keeping an eye on the numbers is how you stay open year after year. A spike in food costs, a drop in sales volume, or one slow season can wipe out months of hard work. What Are Restaurant Profit Margins?

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

SpotOn

Restaurant P&L basics Sales Cost of Goods Sold (COGS) Labor costs Overhead costs Profit and profit margins Using your P&L statement Restaurant P&L basics A restaurant profit and loss statement is a spreadsheet that shows how all your money is coming in (sales) and where it's going out (costs). Prime costs.

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

Lavu

From an employer’s perspective, corporate cafeterias can be an effective tool for attracting and retaining top talent. By offering a range of healthy and diverse food options, employers can create a positive work environment that fosters employee well-being and satisfaction.

2025 78
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Restaurant Accounting Tips Made Simple: Expert Ways to Boost Profits in 2025

Lavu

Understanding Accounting for Restaurant Business Methods Although accounting for restaurant businesses is a topic that many restaurateurs try to avoid, it is an essential element of running a business. You cannot manage your restaurant properly without going into the accounting details. But the importance of this administration cannot be emphasized.

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How Much Do Restaurant POS Systems Cost?

SpotOn

Features and pricing models change frequently, so review the POS providers' websites and connect with POS providers directly so you know exactly what to expect. " This refers to the monthly software licenses POS providers charge. Some POS system providers bundle software offerings together, which can increase POS pricing.

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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. One technological element to focus on is your point-of-sale (POS) system.

2025 78
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What Is a Corkage Fee? A BYOB Guide for Restaurants & Guests

SpotOn

It can range from a few dollars to a much higher price at certain high-end restaurants. Restaurants determine their standardized corkage fee that remains the same price no matter the quality or price of the wine. Many restaurants specifically state their corkage fee policy with prices and BYOB practices.