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MRM Research Roundup: Mid-April 2020 Edition

Modern Restaurant Management

According to our survey, consumers reference these precautions before making a purchase decision. Since then, gift card sales have declined, but online ordering and merchandise sales have both increased steadily: Online orders have increased 50 percent week-over-week for the last three weeks. 2 ranking, Nike.

2020 491
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How to Open a Coffee Shop: The Ultimate Guide

7 Shifts

Sourcing Equipment. Reference secondary research studies or create your surveys and questionnaires to send out to a select group of people! Source: Smart Draw. Shelving if you're selling merchandise like hats or t-shirts. Sourcing Equipment: Should You Buy, Lease, or Rent? Conduct a Feasibility Study.

License 459
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Restaurant Loyalty Program Ideas: How to Start

7 Shifts

Staff can refer to this resource to learn the ropes or find responses to customer inquiries. Fashion retailer Simons has a FAQs page featuring their perks, alongside pictures of their merchandise to entice purchases. This makes them the best sources of constructive feedback for your business.

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Face Pay Network, Restaurant of the Future and The Main Course

Modern Restaurant Management

Ghost kitchens, also referred to as dark or virtual kitchens, are professional kitchen facilities set up to support delivery or carryout meals only, offering restaurant operators an opportunity to start an additional revenue stream. . Merchandise specific to New York City and Times Square to commemorate the experience.

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Coffee News Recap, 9 Dec: Jibbi Little wins 2022 World AeroPress Championship, EU agrees to ban coffee and other imports linked to deforestation & other stories

Perfect Daily Grind

Bellwether Coffee partners with Fairtrade International to implement Living Income Reference Price in Guatemala. The coffee liqueur manufacturer says it sources all coffee from four farming communities in Mexico which are part of the project. The green coffee trader also sources coffee from Kenya and Ethiopia.

2022 156
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A Guide To Average Restaurant Revenue And Profit

BNG Point of Sale

Revenue is the money that comes in for a restaurant, and it can be earned from many different sources. For example: merchandising at your location or online sales of food items; consumer packaged goods such as dinnerware, cookbooks, aprons; phone orders where you take credit card information on-site to charge later when the delivery arrives.

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Our Guide to Average Gross Profit for Restaurants 

BNG Point of Sale

To calculate your restaurant’s gross profit, you need to subtract the total cost of goods sold (COGS) for a specific period from your total revenue (your total food, beverage, and merchandise sales). It allows you to engage and network with other people in your industry, and even source talent when seeking employees.