7 Shifts

APRIL 3, 2020

Step one: evaluate and reduce costs on your main business inputs Once you have taken care of all the immediate, obvious cost cutting measures, the first step is to start evaluating your primary restaurant costs. Have certain costs been reduced? However, it is often overlooked by restaurateurs as a source of optimization.

POS Systems 147

POS Systems Cost Reduction Pricing Download 147

Synergy Suite

MAY 16, 2023

Cost Reduction and Waste Prevention By having better visibility into inventory levels and usage patterns, restaurants can identify opportunities to reduce waste and control costs. Learn how SynergySuite can save you time and money on your inventory management by scheduling a demo today.

Definition 52

Definition POS Systems Vendor Management Scheduling 52

Lithos POS

APRIL 19, 2024

A POS system is crucial for the success of businesses like restaurants and retail stores. It can greatly impact growth and cost savings. But first, let’s define what a point-of-sale system is. The point of sale, or POS, is an intricate software and hardware combination used to process transactions.

POS Systems 52

POS Systems Catering Cost Reduction Blog 52

Synergy Suite

NOVEMBER 2, 2023

When you’re looking for a good labor cost percentage, lower is better. If for example your labor cost percentage is 50%, things probably aren’t going too well financially. Track labor costs as a percentage of revenue. Efficient staff scheduling and management can help optimize this metric.

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Scheduling Training Information Cost Reduction 52

Synergy Suite

DECEMBER 5, 2023

Focus on reducing both fixed and variable costs: Food Cost Control: Monitor your food inventory, reduce waste, negotiate with suppliers, and consider menu engineering to highlight high-margin items. Labor Efficiency: Schedule staff efficiently, cross-train employees, and implement technology to streamline operations.

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Pricing Information Marketing Budgeting 52