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Utilizing Waste and Food Cost Control Data in Restaurants

Synergy Suite

Monitor portion control and inventory to control costs. As you’re aware, there are several costs to take into account when running your restaurant, so the lower you can get your food cost percentage while still maintaining quality menu offerings, the better. Keep an eye on food waste and implement strategies to reduce it.

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Gross Profit Margin: A Guide for Restaurants

Synergy Suite

Gross profit margin is a fundamental financial metric that reveals the percentage of revenue left after accounting for the cost of goods sold (COGS). These metrics go beyond merely counting revenue and expenses; they reveal the core profitability of the business, while accounting for various financial components.

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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. Controlling them effectively can significantly impact your bottom line.

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EZ PPP Forgiveness App and Yelp’s New COVID Help

Modern Restaurant Management

Once they’ve created an account, they can?immediately?begin "As restaurateurs adjust and prepare for the new reality they face upon reopening, it's incredibly important to take into account the ongoing health & safety of guests and team members," said Jordan Boesch, 7shifts CEO. "According immediately?begin

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Sustainable Hotels: Practical Steps to Achieve Eco-Friendly Hospitality

Hotelogix

Key Areas to Control in Hotels Electricity Usage Electricity accounts for a significant portion of a hotel’s operational expenses. Portion Control : Offer flexible portion sizes to minimize leftovers while meeting guest needs. Request a Demo With Hotelogix PMS