Accounting Portion Control Scheduling 
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.
7 Shifts
MAY 31, 2021
For successful implementation of these processes, restaurants often rely on tools for accountability and optimization, including technology, templates, systems, and planners. Portion control in the kitchen saves on inventory, which helps keep the restaurant profitable. Areas of restaurant operations. What can 7shifts do for you?
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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
For example, if labor costs are consistently high, you might consider optimizing staff schedules or using labor-saving equipment to reduce expenses and increase your net profit. Reviewing and optimizing staff schedules can make a big difference. You may need to adjust your staff schedules to align better with peak dining times.
7 Shifts
SEPTEMBER 6, 2024
One way to control packaging costs is switching from branded, custom-printed boxes to high-quality but unbranded containers. Portion control Portion control or managing the amount of food served to customers can help you reduce waste, use ingredients wisely, and maintain consistent restaurant food costs.
Synergy Suite
NOVEMBER 9, 2023
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.
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.
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