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How to Calculate and Improve Your Bar’s Profit Margin

7 Shifts

One key area to focus on is drink sales, with cocktail sales accounting for about 23% of a bar's revenue. Take note that this is the net profit margin for bars, meaning it takes into account all of your expenses and is the true bottom line that shows how much money your bar is actually making. Did you know that just 1 oz.

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Restaurant Operations Overview: What You Need to Know

7 Shifts

The term can refer to the logistics of any and all tasks in a restaurant, including its finances, its kitchen, its staff, and its service model. For successful implementation of these processes, restaurants often rely on tools for accountability and optimization, including technology, templates, systems, and planners.

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2023 Outlook: Trends and Challenges Restaurants Will See, Part One

Modern Restaurant Management

While robots cannot account for all variables like guests who require a gluten-free preparation or request extra salt, they can help with the overall efficiency when serving and preparing food. Potential solutions include: Robotics : Robots can help prepare and even serve food. – Scott Landers, cofounder of Figure 8.

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