Culinary Cues

JANUARY 23, 2021

When profit is measured in more significant profit from fewer sales then I will make a statement that may cause many chefs scratch their heads in disbelief: “Food cost percentage is far less relevant – it’s all about contribution margin.” In both cases it is sales (the top line) that sets the stage for success. SP = $5.25 /.30.

Point of Sale 450

Point of Sale Front of House Back of House Fine Dining 450

Modern Restaurant Management

MAY 26, 2022

Since we can’t get away from rising prices and supply chain bottlenecks, we can look for new approaches that can help manage the impact. Many restaurants are doing this by raising prices, cutting costs, taking items off the menu, and making do with lean crews. Is aware of where product is sourced / shipped.

Management 183

Management Management Webinar Seasonal Menu 183

Lavu

NOVEMBER 17, 2023

By staying on top of profit margins, you can make informed decisions about pricing, portion sizes, and operational costs, thereby improving your profit margins. Profit margin is a key metric, especially pivotal in restaurant sales, that calculates the percentage of revenue left as profit after covering expenses.

Fast Casual 123

Fast Casual Fine Dining Food Truck Loyalty Program 123

Modern Restaurant Management

JANUARY 8, 2024

Consider, for instance, a scenario in which your Point of Sale (POS) system can forecast the popularity of a new dish based on historical customer behaviour. This capability can prove invaluable for refining pricing strategies, optimising ingredient and waste management, and planning forthcoming shifts, among other benefits.

2024 215

2024 Loyalty Program Cash Management Customer Experience 215

7 Shifts

JULY 16, 2021

Sourcing Equipment. You may discover that your target customers enjoy an afternoon pick-me-up and are sensitive to price. This research will dictate your hours of operation and pricing plans! This research will dictate your hours of operation and pricing plans! We're all here for it! Table of Contents. Obtain Funding.

License 459

License Hiring Equipment Point of Sale 459

Clover - Restaurants

APRIL 9, 2024

Restaurant suppliers source and deliver a range of ingredients, from fresh produce and meats to dairy, dry goods, and even desserts. Bulk ordering also allows restaurant owners to get competitive pricing and improve profit margins. As a result, take time to carefully vet and build relationships with your key partners.

Food Supply 98

Food Supply Online Ordering Food Truck Food Order 98

Culinary Cues

APRIL 30, 2020

Whichever side of the question you find yourself on – there is no denying that the constraints will be significant, customers will be very leery about entering a restaurant, and initial sales will never be enough to keep a restaurant solvent. There are few certainties at this time except an understanding that this is not over.

Point of Sale 306

Point of Sale Customer Service Customer Experience Cash Management 306

7 Shifts

AUGUST 29, 2019

Menu Pricing and 2. Follow these two steps: The first thing you’ll want to do is gather sales and profit data for every item on your menu—preferably over a set time period (last quarter, last month, etc.). Consider marginally lowering the price on these items to increase popularity without decreasing overall profitability.

Menu 279

Menu Point of Sale Website Management Online Ordering 279

ChefMod

OCTOBER 20, 2021

Food costing solutions eliminates the dull, tedious manual work associated with food costing and pricing processes. Unlike manual entries, an automated food pricing and costing process enable you to carry out detailed analytics. You no longer need to spend valuable time sourcing and vetting new suppliers.

Catering 52

Catering 2022 Pricing Food Supply 52

7 Shifts

SEPTEMBER 16, 2021

Whether you’re managing multiple restaurants right now or are thinking about expanding your current business , this guide has everything you need to run more than one restaurant at once with success. Table of Contents. New Concept or Replicate? Create Consistency with Your Operations. Delegating Responsibilities. Keep Your Team Connected.

Management 370

Management Management Document Hiring 370

ChowNow

JANUARY 19, 2022

For ingrained, they source organic ingredients and superfoods to incorporate functionality into tasty treats. This passion project that began in their apartment has made over $760,000 from online ChowNow sales—and they’re just getting started. Ready to grow your takeout sales? Talk to a ChowNow expert today.

Online Ordering 148

Online Ordering Point of Sale Food Order Small Business 148

Modern Restaurant Management

FEBRUARY 3, 2022

Seventy-four percent of full service restaurants (FSRs) managed to maintain or increase their sales during the pandemic; however, profit margins in 2021 declined to 10 percent, compared to 12 percent in 2019, according to third annual State of Full Service Restaurants Report released by TouchBistro.

Loyalty Program 194

Loyalty Program Online Ordering Cash Management Point of Sale 194

Restaurant365

NOVEMBER 12, 2021

Your restaurant’s menu engineering strategy impacts your menu mix, pricing, and your overall profitability. You are already generating data about your food cost, menu items, and sales levels. At its core, menu engineering tracks the profitability of menu items individually, as well as your product sales mix.

Menu 143

Menu Operations Point of Sale POS 143

Modern Restaurant Management

MAY 17, 2023

Dynamic pricing on these platforms might be necessary to combat some of the lost revenue due to fees. Dynamic pricing on these platforms might be necessary to combat some of the lost revenue due to fees. Born between 1997 and 2012, Generation Z is a demographic known for being tech-savvy and socially conscious.

Loyalty Program 189

Loyalty Program Mobile Ordering Social Media Customer Experience 189

Ken Burgin

NOVEMBER 15, 2021

The popular Aussie BYO is now available in fewer restaurants, and there needs to be a rethink about the wine range and pricing, especially if customers can no longer bring the good bottle they bought for $12 and now have to pay a minimum of $50 from your range. Develop the Wine List Range and Descriptions. This gives customers confidence.

Point of Sale 147

Point of Sale Back of House Beverage Email Marketing 147

7 Shifts

APRIL 3, 2020

Comparing 7shifts’ internal data of 10,000+ restaurants, restaurants are seeing an average weekly decrease in sales of 50% across the board in North America. Evaluate your restaurant scheduling practices to see if you are consistently over-budgeting on labor needs based on your sales.

BOH 368

BOH POS Influencer Point of Sale 368

Modern Restaurant Management

JANUARY 5, 2023

It's kind of like buying group tickets to a concert or football game, but with every next ticket you buy, they raise the price because they know you'll pay – and the supply of tickets decreases. If restaurants want more sales and expect an increase in advertising to cause a proportional increase in customers, you can do that.

Advertising 192

Advertising Point of Sale Social Media Supplies 192

7 Shifts

SEPTEMBER 15, 2021

Suggestive selling is a sales tactic that encourages guests to order something that is different from what they had planned to order or usually order in an effort to increase the check size and make their experience better. When guests order items that are priced slightly higher, check sizes go up, and tips in turn with them.

Loyalty Program 369

Loyalty Program Customer Experience Customer Service Point of Sale 369

Perfect Daily Grind

APRIL 6, 2022

To start with, at the minute, the price of green coffee is very high, and that doesn’t seem to be changing any time soon. Beyond that, shipping and logistics prices are through the roof, energy prices are soaring, and so are the costs of everything else related to coffee, such as cupping bowls and spoons, and so on.”.

Management 192

Management Management Small Business Point of Sale 192

Restaurant365

SEPTEMBER 10, 2021

The data from inventory management can help you place more accurate orders, calculate exact food costs, make informed menu changes, and address potential sources of food waste. Your inventory system can automatically pull sales information to track theoretical inventory. As a store-level manager, you always have a lot on your plate.

Inventory 138

Inventory Management Management Point of Sale 138

Perfect Daily Grind

APRIL 4, 2023

Forging connection to origin: a specialty “special” One of the main selling points of specialty coffee is that it is more sustainable, traceable, and transparent than commodity-grade coffee. Kosta Kallivrousis is the Sales Manager at Algrano in the US. This includes processing method, variety, altitude, and terroir.

Consumer Goods 144

Consumer Goods Sustainability Email Marketing Café 144

Modern Restaurant Management

AUGUST 19, 2020

For BevAlc buyers, price point as a function of quality, although always important, will become crucial over the coming months and years. Finding the right balance of what local guests want, at the maximum price point and minimal cost could be the difference between surviving and closing the doors.

Cash Management 228

Cash Management Point of Sale Consumer Goods Small Business 228

Perfect Daily Grind

MAY 10, 2023

For this price, the coffee also comes with a collectible booklet featuring original Samra Origins artwork. points at last year’s CoE Ethiopia. points at last year’s CoE Ethiopia. Last week, as part of a collaboration with musician The Weeknd, Blue Bottle Coffee announced its new Samra Origins range. Read on to find out more.

Point of Sale 138

Point of Sale 2006 2023 Advertising 138

Modern Restaurant Management

JANUARY 12, 2022

71 percent rely on delivery for 11 percent or more of sales. 33 percent rely on delivery for more than 20 percent of sales. 65 percent rely on mobile ordering for 11 percent or more of sales. 25 percent rely on mobile ordering for more than 20 percent of sales. Investment in delivery and mobile ordering pays off.

2022 215

2022 Mobile Ordering Guest Recovery Point of Sale 215

Modern Restaurant Management

MARCH 17, 2022

With wholesale food prices soaring 13 percent in 2021 and labor costs rising as worker shortages continue, many restaurants are looking for smart ways to lower costs and avoid passing them on to their diners. To mitigate these concerns, restaurants have gotten creative, looking for new cost-cutting measures.

Seasonal Menu 189

Seasonal Menu Mobile Ordering Menu Food Order 189

Modern Restaurant Management

MAY 5, 2022

While high stock prices of crypto companies like Bitcoin grab headlines, they are gaining traction with consumers since blockchain technology helps make transactions easier without needing an intermediary such as a bank or credit card company. Application of Blockchain in the Food Industry. Examples of Crypto Restaurants in the US.

Serving 189

Serving Loyalty Program Food Supply Point of Sale 189

Lavu

MARCH 20, 2020

Boosting sales in your restaurant doesn’t have to be complicated. Add Value to Desserts to Boost Restaurant Sales. Razor-thin margins prohibit chefs from sourcing the right ingredients, or a busy schedule may prohibit them from spending the necessary time to make a great dessert.

Menu 136

Menu Point of Sale Customer Service Customer Experience 136

Embrace the Suck

DECEMBER 25, 2019

They fear a PVA because then you are locked in a certain price and they are them set at a fixed commission rate and they don’t like that. They get a commission based on overall sales for their territory. They basically work for their sales team. A lot of stuff they don’t want you to know! ” Not so fast.

Food Truck 289

Food Truck Food Audits Tip Distribution 289

Modern Restaurant Management

APRIL 5, 2022

According to The Wall Street Journal, food prices are estimated to rise on average five percent in the first half of 2022, while other sources point to a seven-percent increase by the end of the year. This estimate will likely be well under the price jump as fuel costs continue to rise. Labor Shortages.

Restaurant Law 197

Restaurant Law Government Outdoor 2022 197

Restaurant365

MAY 17, 2022

Tight integration between your r estaurant inventory management software , point of sale (POS) system and restaurant accounting software is essential for executing key restaurant tasks that help control your food costs. A POS system is excellent at collecting sales and labor data. That’s great.

Inventory 78

Inventory Management Management Food 78

EATER

APRIL 5, 2024

Jars of Homiah and Momofuku chili crunches alongside other popular chile crisp brands. In a cease-and-desist letter sent March 18, 2024, Momofuku’s lawyer accuses Malaysian food brand Homiah, maker of Sambal Chili Crunch — called Crispy Sambal prior to 2023 — of infringing on its trademark rights.

2023 135

2023 Restaurant Law License Social Media 135

Modern Restaurant Management

AUGUST 24, 2020

If they survive, restaurants and their suppliers stand to face local governments starved for new sources of tax revenue. Real estate, income and sales taxes are often the first local taxes that come to mind. Philadelphia is a case in point. Once the economy is up and running, many of those items may be tempting to lawmakers.

Beverage 165

Beverage Point of Sale Outdoor Government 165

Modern Restaurant Management

AUGUST 31, 2023

An increase in sales. Here are some ways: Ask your marketing and sales team. Your restaurant marketing and sales teams will always know what selling points your customers respond to best. That will make them feel like a relationship with you as a source is worth it. The ultimate result?

Social Media 154

Social Media Email Marketing Influencer Events 154

The Rail

MARCH 27, 2024

By Emma Carter, Contributor The 2024 National Restaurant Association report shows that sales are up and restaurants are hiring. From employee turnover rate to who makes the most sales, using data science for restaurants helps with employee management. You can use this data to optimize your sales.

Email Marketing 52

Email Marketing 2024 Point of Sale Seasonal Menu 52

Squirrel Systems

FEBRUARY 16, 2024

In this article, we delve into the anticipated restaurant and menu trends for 2024 and explore how technology, particularly advanced point-of-sale (POS) solutions, can enable restaurateurs to ride the wave of these trends successfully.

2024 52

2024 Technology Menu Mobile Ordering 52

Black Box Intelligence

APRIL 12, 2023

food prices grew at a slower rate in February compared to January (9.5% food prices grew at a slower rate in February compared to January (9.5% And although prices are expected to continue to grow more slowly in 2023 than in 2022, price growth is still projected to be above historical-average rates. versus 10.1%).

Food 76

Food Loyalty Program 2023 2022 76

Perfect Daily Grind

MAY 12, 2023

points at 2023 Best of Ka‘ū competition. Last year, the UK B Corp says it paid US $3 million above C market price for all coffees sourced, and reduced its carbon emissions throughout the year by 23 tonnes. Anaerobic natural Red Bourbon coffee receives top score of 87.23 Tim Hortons to launch in South Korea in 2023.

2023 134

2023 Webinar 2030 Workshop 134