Synergy Suite

NOVEMBER 30, 2023

Operating a thriving restaurant involves more than merely presenting delectable dishes and designing a welcoming ambiance. It requires a keen understanding of your restaurant’s finances and, in particular, the concept of prime costs.

Portion Control 52

Portion Control Scheduling Pricing Training 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.

Scheduling 52

Scheduling Training Information Cost Reduction 52

Synergy Suite

DECEMBER 5, 2023

Understanding this critical number can help you make informed decisions about pricing, menu offerings, and cost control, ultimately leading to the financial success of your restaurant. It acts as a financial safety net, helping you make informed decisions about cost-cutting or marketing strategies to weather downturns.

Pricing 52

Pricing Budgeting Information Marketing 52

Synergy Suite

DECEMBER 14, 2023

Strategic procurement practices, such as negotiating favorable terms, bulk purchasing , and securing competitive prices, can positively impact inventory turnover ratio by minimizing the overall cost of goods sold (COGS). Continuously assess your suppliers based on factors such as reliability, quality, and pricing.

Menu Planning 52

Menu Planning Information Procurement Training 52

Modern Restaurant Management

DECEMBER 16, 2019

"Professionals work long hours and endure crazy schedules, so we conducted this study to learn more about their careers, the amount of work and time they put in daily, and tools they'd like to be provided with to make their jobs more seamless and less time-consuming. Global food prices are rising worldwide.

Events 128

Events Pricing Marketing Cost Reduction 128