Modern Restaurant Management

JANUARY 15, 2024

Provide special menu options from the cities the contenders hail from – a Philly Cheesesteak if the Eagles make it or a Cuban for Miami. Is inflation still driving wing prices? The price of many staple items is continuing to increase throughout the beginning of this year.

Food Supply 208

Food Supply Point of Sale Back of House Inventory 208

The Restaurant Times

NOVEMBER 8, 2021

You need to carefully price your restaurant menu to make it to the top and earn as much as possible. While it’s understandable that you want to make a profit, being overly aggressive with your menu pricing can drive the customer away. It is about the right balance when applying your pricing strategies. .

Pricing 59

Pricing Menu Consumer Goods Seasonal Menu 59

Culinary Cues

JANUARY 23, 2021

The baseline formula for determining selling price using an acceptable food cost percent of 30% would be: SELLING PRICE SP) = PLATE COST (PC)/FOOD COST %(FC%). If we use the same baseline formula for determining selling price: SP = $13.00 /.30. SP = $26.00 (A price that guests would be more willing to swallow).

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

Sling

APRIL 1, 2024

Specialization Some FSM apps are specialized for specific industries. Cost Field service management software varies widely in cost and price structure. Best field service management software 1) Sling Source: getsling.com Sling is field service management software designed specifically with busy managers in mind.

2024 78

2024 Management Management Customer Service 78

Culinary Cues

NOVEMBER 6, 2022

My professional life has been dedicated to the kitchen, the people of restaurants, the ingredients and their source, the process and the adrenaline, the service and an opportunity to make people happy, and of course those plates as they slide down the pass. I have always loved the restaurant business. So, what is this higher calling?

Food Truck 398

Food Truck Customer Service Customer Experience Food Supply 398

7 Shifts

SEPTEMBER 15, 2021

It's a tactic that can also take multiple forms, such as suggesting a limited special burger to someone who orders the usual signature every time. Compared to going through the specials to every guest or blasting all online orders with an offer, these personalized approaches are favorable. Have a new special with an awesome pairing?

Loyalty Program 369

Loyalty Program Customer Experience Customer Service Point of Sale 369

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. Therefore, exploring effective ways to increase sales and carefully managing expenses, pricing, and menu offerings become vital strategies in maintaining a healthy profit margin.

Fast Casual 123

Fast Casual Fine Dining Food Truck Loyalty Program 123

Modern Restaurant Management

SEPTEMBER 13, 2022

As a global data analytics partner to private and public restaurant brands, we gather insights from many sources, including monthly QSR sales, traffic, average check and basket size. The average QSR price is at its highest since 2020 (+16.3 Among those diners, special deals lured in more than one in three.

2022 206

2022 2021 Dine-in Pricing 206

Culinary Cues

SEPTEMBER 1, 2023

But those chefs who hope to find a unique niche, seek to differentiate themselves from the pack and build a reputation for something special will push the envelope and explore those other receptors to build complex flavors that excite and surprise. Think about how everything fits a concept and consider the FEEL of your restaurant experience.

Fine Dining 320

Fine Dining Dine-in Front of House Design 320

Modern Restaurant Management

OCTOBER 20, 2023

2023 brought new challenges to the table for the restaurant industry, from rising food prices due to inflation to continued disruptions in the supply chain. But, according to the same report, about 40 percent of consumers agree that with rising grocery store prices, it’s not necessarily cheaper to eat at home.

Marketing 197

Marketing Loyalty Program Email Marketing Coupons 197

Modern Restaurant Management

MAY 17, 2023

Dynamic pricing on these platforms might be necessary to combat some of the lost revenue due to fees. Implement a Loyalty Program Offering rewards like free food or a special perk for signing onto a loyalty program can motivate customers to try out a new restaurant and create a positive first experience.

Loyalty Program 189

Loyalty Program Mobile Ordering Social Media Customer Experience 189

Restaurant365

JANUARY 13, 2022

If you are leery about diving into a specialized mocktail menu, Dry January is an ideal time to test your market. Sourcing locally reduces the distance the product travels, so your vegetables, beef, poultry, and seafood usually look and taste better than those grown in larger corporate farms. Healthy twists on comfort foods.

2022 147

2022 Compost Recycling White Paper 147

Cheetah

JULY 1, 2021

But Restaurants can still significantly reduce product costs by adjusting to price fluctuations in the market. Finally, look for suppliers who are upfront about prices. Getting your supplies from Cheetah can help you get the most competitive, up-front prices in the Bay Area. To go around this, consider the ‘Specials Menu’.

Fine Dining 148

Fine Dining Customer Experience Front of House Customer Service 148

Cheetah

JULY 1, 2021

But Restaurants can still significantly reduce product costs by adjusting to price fluctuations in the market. Finally, look for suppliers who are upfront about prices. Getting your supplies from Cheetah can help you get the most competitive, up-front prices in the Bay Area. To go around this, consider the ‘Specials Menu’.

Fine Dining 148

Fine Dining Customer Experience Front of House Customer Service 148

Modern Restaurant Management

OCTOBER 2, 2023

More than ever, we’re seeing threats at the source. Make dulce de leche as a dessert special. Wasting food while seeing people go hungry is only one aspect of the problem – consider the environmental resources needed to produce, package, and transport, and food waste grows even more concerning.

Waste 186

Waste Technology Food Inventory 186

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. This helps to elevate the quality perception of your coffee, and shows that you’re going the extra mile [when sourcing].” But why is this?

Consumer Goods 144

Consumer Goods Sustainability Email Marketing Café 144

SpotOn

APRIL 22, 2024

SpotOn specializes in POS solutions for restaurants and various small business types, including retail & shopping , automotive , health & beauty , and professional services. Users particularly appreciate SpotOn’s transparent pricing and lack of junk fees. Ready to get started?

POS 98

POS Point of Sale Retail Customer Service 98

7 Shifts

AUGUST 29, 2019

Menu Pricing and 2. Consider marginally lowering the price on these items to increase popularity without decreasing overall profitability. Two common courses of action to address plowhorses are to: Raise menu prices on these items, provided that this doesn't drastically diminish their popularity or reduce sales. What to do?

Menu 279

Menu Point of Sale Website Management Online Ordering 279

7 Shifts

JUNE 4, 2021

Ideal menu price. Your CoGSs is an essential number to have when determining your menu prices, inventory and impacts your net profit margin. It also plays a key factor in pricing your menu. To calculate sales per labor hour, you need the following: Total revenue, from all sources. Employee turnover rate. Check Average.

Point of Sale 416

Point of Sale Inventory Employee Relations Customer Service 416

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. Because it’s data collected by list companies and sources, these target customers don’t even have to be in your system.

Advertising 192

Advertising Point of Sale Social Media Supplies 192

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. Price to Maximise Revenue – some say the mark-up should be 150%, others say 120%.

Point of Sale 147

Point of Sale Back of House Beverage Email Marketing 147

Perfect Daily Grind

DECEMBER 9, 2022

Price of coffee dropped by 12.3% In its latest monthly report, the organisation says that while average prices for all group indicators decreased in November, the ICO Composite Indicator Price stabilised around US 160 cents/lb last month. The auction brought in more than US $303,504, with an average price of US $17.02/lb.

2022 156

2022 2023 Webinar Workshop 156

Perfect Daily Grind

MAY 10, 2023

For this price, the coffee also comes with a collectible booklet featuring original Samra Origins artwork. Ethiopian coffee is truly in a class of its own and the country holds a special place within our Blue Bottle community,” said Karl Strovink, CEO of Blue Bottle Coffee, in a press release. “I’m

Point of Sale 138

Point of Sale 2006 2023 Advertising 138

Modern Restaurant Management

DECEMBER 10, 2021

Instead of promoting items according to price or margin, promote what your customers love. Provide Free Meals on Special Occasions. Nothing creates loyal customers like remembering their special days and offering them free meals on those days. This strategy helps in creating a special bond between the customer and the outlet.

Marketing 226

Marketing SEO Front of House Website Management 226

7 Shifts

SEPTEMBER 15, 2021

It's a tactic that can also take multiple forms, such as suggesting a limited special burger to someone who orders the usual signature every time. Compared to going through the specials to every guest or blasting all online orders with an offer, these personalized approaches are favorable. Have a new special with an awesome pairing?

Loyalty Program 195

Loyalty Program Customer Experience Customer Service Point of Sale 195

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! Expected menu prices. Source: Smart Draw. Sourcing Equipment: Should You Buy, Lease, or Rent? Obtain Funding.

License 459

License Hiring Equipment Point of Sale 459

Lavu

MARCH 20, 2020

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. Focus on Alcohol Specials During Breakfast, Brunch, and Lunch. Adding drink specials to your brunch can help bring in thirsty customers—and keep them coming back.

Menu 136

Menu Point of Sale Customer Service Food Order 136

Cheetah

JUNE 18, 2021

Big distributors often sell to small restaurants at much higher prices than to large chains. They might also agree to an initial low price just to win your business but then jack up the cost over time – counting on busy restaurant managers not noticing or not having the energy to argue. Table of Contents.

Small Business 130

Small Business Customer Service Pricing Waste 130

Buzztime Business

JUNE 2, 2023

Consider an all-you-can-eat buffet for a set price. Then bring everyone back inside to enjoy a special menu full of grilled items from meat to veggies. Bring in a local rock band for evening entertainment complete with fatherly drink specials. Swap out ladylike mimosas for one of these 26 beer cocktails. Hello, repeat business!

Bar 147

Bar Social Media Insurance Sports 147

Buzztime Business

MAY 3, 2023

To celebrate her special day, the average person will shell out a record $270 this year according to the National Retail Federation. Bring in a DJ and create mom-only drink specials. Serve mimosas in a mason jar or other special glass she can take home. Create a special Mother’s Day dinner inspired by the farm-to-table trend.

Back of House 88

Back of House Social Media Certification Seasonal Menu 88

MBB Hospitality

NOVEMBER 15, 2023

It involves tracking the cost of each ingredient, understanding seasonality, and recognizing price fluctuations. This granular approach helps in making informed decisions about menu design, portion sizes, and pricing, ensuring that each dish contributes positively to your bottom line.

Seasonal Menu 52

Seasonal Menu Food Waste Loyalty Program 52

Cheetah

NOVEMBER 4, 2021

From now on, restaurants will be the ones setting the purchase price shown to customers on the app for each menu item (excluding tax and tips). This new law applies to all apps operating in California, including the special niche alternatives. Commissions are high and the competition pushes food prices and quality down.

Delivery 148

Delivery Cash Management Restaurant Law Mobile Ordering 148

Modern Restaurant Management

APRIL 14, 2022

For example, Amazon features its own and partner messaging on the outside of packages, while Hello Fresh meal delivery includes partner offers and messaging along with a periodic “special ingredient” thrown in as a sample from various suppliers. And happier, more engaged employees tend to stay at the job longer. Pixels and Bites.

Retail 189

Retail Customer Experience Online Ordering Point of Sale 189

7 Shifts

NOVEMBER 26, 2019

However, you can work to mitigate your opening costs by shopping contractors and renovators in your area to see who can give you the best price, which could bring down your restaurant opening costs. You could also explore buying an existing franchise rather than opening your own, which brings renovation and remodelling costs way down.

Franchise 369

Franchise Franchising Restaurant Law 2015 369

Sling

DECEMBER 10, 2023

Table of contents How to start a bakery Sample bakery business plan How to start a bakery 1) Gain practical experience Learning how to start a bakery and writing a bakery business plan are two very unique and specialized activities. Before you bake your first loaf for profit, get as much practical experience as possible.

Restaurant Law 78

Restaurant Law Customer Experience Customer Service Employee Relations 78

7 Shifts

AUGUST 26, 2019

"Restaurant revenue management is defined as selling the right seat to the right customer at the right price and for the right dura­tion."— From there, you can make vital decisions about price, service capacity, table turnover, and your menu to boost revenue and profits. But it doesn't have to be if you implement the right strategies.

Management 408

Management Management Airlines Customer Service 408