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Restaurant POS Systems and Inventory Management Software

LimeTray

With this level of efficiency, you can focus on what really matters: serving up great food and drinks to happy customers. Improved Customer Service Heres a scenario weve all faced: Youre dining out, excited for that signature dish, only to find out its out of stock.

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Types of Inventory Management

Synergy Suite

This technology, paired with other inventory software, significantly reduces the administrative burden on staff, freeing them to focus on more strategic tasks such as improving customer service or exploring new market opportunities.

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Prime Costs: Understanding and Application for Restaurants

Synergy Suite

Understanding and managing prime costs is vital for several reasons: Profitability: Prime costs, comprising both the cost of goods sold (COGS) and labor expenses, typically account for the largest portion of a restaurant’s expenses. Be prepared to adjust your calculations to account for seasonal fluctuations.

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Definition of revenue growth strategies

Les Roches

The focus is on ide­ntifying and capitalizing on new growth opportunities within the curre­nt customer base as well as attracting ne­w customers. Key areas of improve­ment include sales, marke­ting, customer service and product offe­rings, with the ultimate goal of maximizing revenues in all possible areas.

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Labor Cost Percentage for Restaurants: The Ins and Outs

Synergy Suite

You can determine labor cost percentage per day, week, month, or even year with a simple formula. Here’s another example with real numbers: If your restaurant paid employees $4,000 in a week and brought in $10,000 in revenue, a labor cost percentage calculation would be as follows: 4,000/10,000=.4

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MRM Research Roundup: Mid-December 2019 Edition

Modern Restaurant Management

November and December purchases typically account for upwards of 50 percent of annual gift cards sales. While gift cards account for 6.3 Verbal skills, customer service and multi-tasking are the top 3 skills needed to work in the events industry. "The The Role of an Event Professional. percent at hotels.

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