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7 key restaurant revenue streams to prioritize in 2024

7 Shifts

Offering additional services, like delivery and takeout, meal kits and subscription boxes, and even catering and hosting special events can unlock new growth opportunities. If you have a big area, you can host weddings, corporate events, birthday parties, and other celebrations, allowing you to maximize the profitability of your space.

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Gross Profit Margin: A Guide for Restaurants

Synergy Suite

These metrics go beyond merely counting revenue and expenses; they reveal the core profitability of the business, while accounting for various financial components. By managing gross profit margin effectively and controlling operating expenses, restaurants can maximize their net profit, ensuring financial stability and future growth.

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

Modern Restaurant Management

Restaurants will increasingly become more reliant on using their transaction data to inform and automate their businesses. In addition, we see the point of sales platform as taking on more of the master data management role of the business, and configuring all the content needed for any digital experience from a single platform.

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EZ PPP Forgiveness App and Yelp’s New COVID Help

Modern Restaurant Management

Experienced reductions in business activity as a result of health directives related to COVID-19, and did not reduce the salaries or wages of their employees by more than 25 percent. These changes will result in a more efficient process and make it easier for businesses to realize full forgiveness of their PPP loan. My Black Receipt?,