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Survey Says: Restaurateurs Are Making Expansion Plans

Modern Restaurant Management

Inventory : Generally, when food costs go up, operators will raise their menu prices by a small amount. But what we’ve found is that operators have been leaning on menu price hikes to cover their expenses for more than two years now, and they’ve finally reached the limits of what consumers are willing to pay.

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How much does it cost to open a restaurant?

7 Shifts

Read on to discover common restaurant opening expenses you will definitely encounter, and unexpected restaurant opening costs that you may encounter on your journey to restaurateurship. If too little is ordered, you may find yourself running to the grocery store and paying marked up prices for supplies you need to fulfill orders.

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Restaurant Insiders on 2020 Lessons Learned, Part One

Modern Restaurant Management

There is incredible pressure to keep prices low – American labor is expensive and this business is very labor-intensive – profit margins have been diminishing for years – we're a breakeven industry at his point – something has got to change. Jockey Hollow Bar + Kitchen's Chris Cannon.

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Restaurant Accounting Software: Gain Insight Into Your Financial Operations

Synergy Suite

Tasks Managed by Restaurant Accounting Software: Bookkeeping By automating data entry and categorization of financial transactions, restaurant accounting software simplifies the bookkeeping process. Each revenue stream may have different pricing models, discounts, and promotional offers.

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Tyga Bites and Sushi with an Attitude

Modern Restaurant Management

The GoTab system is designed to be an integrated or stand-alone service, requiring minimal setup and a nominal per transaction percentage for operators, providing high-touch hospitality without the high-end price tag. Users upload invoices to gain instant insights into spending habits & ingredient-level price uctuations.

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