Accounting Marketing Portion Control 
Modern Restaurant Management
NOVEMBER 8, 2019
These weighing scales are designed to take the guesswork out of food measurement and ensure controlled costs and better inventory management. There are several different types of restaurant weighing scales on the market, and each one is designed for a specific function. Portion Control Food Scale.
7 Shifts
OCTOBER 28, 2024
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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Synergy Suite
NOVEMBER 30, 2023
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.
7 Shifts
JULY 5, 2024
These numbers might seem low, but only because the restaurant industry has many costs to cover, including ingredients, labor, rent, utilities, marketing, and other expenses. These costs can add up quickly, leaving a smaller portion of revenue as profit.
Synergy Suite
OCTOBER 12, 2023
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.
7 Shifts
SEPTEMBER 6, 2024
The remaining 70% can cover other expenses like labor, rent, and marketing, with the rest contributing to profit. One way to control packaging costs is switching from branded, custom-printed boxes to high-quality but unbranded containers. If this isn’t possible, you can reduce the cost per unit by buying in bulk.
MBB Hospitality
NOVEMBER 15, 2023
Leveraging technology can streamline these processes, reducing waste and ensuring precise portion control. Additionally, exploring local markets and seasonal products can yield fresher ingredients at lower costs due to reduced transportation expenses. Another aspect of strategic purchasing is the consolidation of suppliers.
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