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How to Calculate and Improve Your Bar’s Profit Margin

7 Shifts

It just goes to show how important drink pricing and cost management are to maximizing profits. Bars that effectively manage their inventory and reduce waste tend to maintain higher margins. Locally sourced beer is also a great way to differentiate your bar from competitors.

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Is Your Ice Cream Too Cold? Lessons in Fighting Friendly Fraud

Modern Restaurant Management

As it happens online, some defended the hapless manager and others disagreed. A merchant typically has 45 days to dispute a chargeback and even when they do, they need to have kept meticulous records about the condition of the merchandise, the transaction itself as well as the delivery method, often including pictures.

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How to Open a Coffee Shop: The Ultimate Guide

7 Shifts

Sourcing Equipment. See why 500,000+ restaurant pros choose 7shifts for scheduling and team management. See why 500,000+ restaurant pros choose 7shifts for scheduling and team management. Small Business Administration 's website. Source: Smart Draw. Shelving if you're selling merchandise like hats or t-shirts.

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

Modern Restaurant Management

Modern Restaurat Management (MRM) magazine is collaborating with the team at MarketScale on The Main Course , a podcast that aims to explore the intense and competitive modern restaurant industry. "We Barbara Castiglia , MODERATOR – Modern Restaurant Management. They both went through a management training program.

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7 key restaurant revenue streams to prioritize in 2024

7 Shifts

Diversifying your income sources can help offset rising costs and boost your overall profitability. Another approach is to integrate an online ordering feature or plugin into your website and leverage your FOH as delivery drivers. In fact, only 27% of restaurant owners expect to be more profitable this year.

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Safe Distancing Tech and a Farewell to Foam

Modern Restaurant Management

The company is exploring collaborations with corporate partners and charities, as well as merchandise sales, to keep its mission alive. "When Through this process, restaurants are able to cross-utilize their existing equipment and supply chains to offer a broader menu to their customers, ultimately creating new sources of revenue.

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Your guide to the best restaurant merchandise ideas

Clover - Restaurants

One of the most effective ways to boost your business and generate additional revenue is by offering restaurant merchandise. From trendy accessories to gourmet muffin mixes, the right merchandise can turn your loyal diners into ambassadors, spreading the word about your eatery. Why offer restaurant merchandise?