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Restaurant Forecasting: How To, Formulas, Methods, and More

7 Shifts

Staff scheduling, inventory management, menu analysis , guest satisfaction, profitability, and so much more rest on the shoulders of accurate restaurant forecasting. Restaurant Sales Forecasting Method & Techniques. On a macro level, sales forecasting helps a business set growth goals and determine its overall profit and revenue.

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Spring Event Ideas to Boost Sales at Your Restaurant

Buzztime Business

Below, we’ve listed just a few seasonally minded ideas that’ll boost your bottom line and attract a new crop of guests to your space. Brunch events are also a great avenue to play around with inventive menu options. Use these angles for marketing, themed menu ideas, and private event offerings.

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THE INTER-DEPENDANCE OF BUSINESS AND COMMUNITY RESTAURANTS

Culinary Cues

Every restaurant knows that once a customer walks through the door a sale of food and beverage will likely result. This was a tradition of early holiday shopping, hoping to beat the maddening crowds that typically flood shopping districts and restaurants this time of year. Any man’s death diminishes me because I am involved in mankind.”

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What Is a Prix Fixe Menu? Here's a Guide and Menu Examples.

SpotOn

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.

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MRM Research Roundup: Catering, Kiosks, Tipping and Dry January

Modern Restaurant Management

In this edition of MRM Research Roundup, we feature news about an influx of catering orders, the topic of tipping, the rise of kiosks and affordable Michelin restaurants. Among the highlights: On or Off Prem Same-store catering transactions increased +71 percent in Q4 2023 compared to Q4 2022. Total tips averaged 18.9 Tips on Sundays averaged 18.73

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Don’t Just Come to Play, Come to Win: How to Score on Your Game Day Menu

Modern Restaurant Management

This Super Bowl season, your plays should showcase accurate forecasting, efficient ordering, and menus engineered to earn cheers from both teams. They might also want to restock popular brews, with recent research from the International Wine and Spirits Record asserting that the alcohol e-commerce sales will hit $42 billion by 2025.

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32 Winter Bar Promotions with No Chill

Buzztime Business

JR’s Pub in Goose Creek, South Carolina ran an 8-week trivia digital live trivia event on Tuesdays and increased sales by 30%. Early winter is awards season, so hand out envelopes to customers with their bills. Sports-Focused Winter Bar Promotions 10) Be a Big Shot In January and February, college basketball is in full swing.

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