7 Shifts

JULY 5, 2024

Running a restaurant is not just about serving great food; it’s also about managing finances. With 50% of restaurant owners reporting inventory costs as the top concern last year, you must leverage reporting tools to see how much profit your restaurant is making and where your money is going.

Scheduling 97

Scheduling Portion Control Cost Reduction Accounting 97

MBB Hospitality

NOVEMBER 15, 2023

In the restaurant industry, managing food costs is not just an operational task—it’s a strategic imperative. Understanding and optimizing restaurant food costs can be the difference between profitability and financial struggle. This means going beyond the surface to scrutinize every aspect of your food expenses.

Pricing 52

Pricing Training Portion Control POS Systems 52

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. Controlling them effectively can significantly impact your bottom line.

Portion Control 52

Portion Control Scheduling Pricing Training 52

Synergy Suite

DECEMBER 21, 2023

For restaurants, where precise inventory management is essential for controlling costs and ensuring a seamless supply chain, understanding inventory variance is a critical aspect that can significantly influence the financial health and operational efficiency of an establishment. What Is Inventory Variance?

Portion Control 52

Portion Control Information Menu Planning Training 52

7 Shifts

JULY 25, 2024

Profitability remains a challenge for many restaurants, especially with prices for ingredients and labor going up. In fact, only 27% of restaurant owners expect to be more profitable this year. Choosing this option is beneficial if your restaurant is in a competitive market where people use these apps frequently.

Special Events 97

Special Events Catering Events Workshop 97

Synergy Suite

OCTOBER 12, 2023

In the competitive realm of the restaurant industry, understanding and optimizing your financial performance is paramount to success. While tracking total revenue and sales is vital, it’s crucial to dig deeper and delve into your restaurant’s profit margins. Gross Profit Margin: What is it?

Portion Control 52

Portion Control Pricing Accounting Procurement 52

Modern Restaurant Management

DECEMBER 21, 2022

Modern Restaurant Management (MRM) magazine asked experts for their thoughts on trends and challenges that will affect the restaurant industry in 2023. Restaurants will increasingly become more reliant on using their transaction data to inform and automate their businesses. For part two, click here.

Pricing 167

Pricing Portion Control Budgeting Marketing 167

Restaurant Engine

OCTOBER 27, 2021

Control your restaurant spending to propel your restaurant growth in 2022. It’s been a wild ride for restaurants since Covid came around. Restaurants all across the country have gotten creative and pivoted in ways they could never have imagined, all while keeping their doors open. 4: Take a Look at Portion Control.

Portion Control 90

Portion Control Article Pricing Budgeting 90

LimeTray

FEBRUARY 27, 2021

This trend has important ramifications on restaurant owners and managers. Whether you operate a traditional fast food restaurant, fast casual restaurant, or sit-down restaurant, you need to be aware of the changing demographics of diners. No longer are restaurant customers limited to singles, newlyweds, or empty-nesters.

Portion Control 52

Portion Control Training Presentation Blog 52

Synergy Suite

APRIL 18, 2024

The most profitable restaurants know the importance of controlling food costs. By effectively managing revenue and expenses, you can maximize your restaurant’s profits, reduce food waste, and ensure the long-term sustainability of your business. The restaurant food cost percentage formula is pretty simple.

Pricing 52

Pricing Portion Control Accounting Training 52

Synergy Suite

OCTOBER 26, 2023

Running a successful restaurant is not just about creating delicious dishes and providing excellent service; it’s also about managing your finances effectively. One crucial aspect of financial management in the restaurant industry is understanding and optimizing the Cost of Goods Sold (COGS). What is COGS?

Pricing 52

Pricing Portion Control Communication Menu Planning 52

The Restaurant Times

OCTOBER 5, 2020

One of the most common queries of restaurant owners across the world is how to measure their restaurant profit Margins and how to grow them. While there are many parameters to gauge a restaurant’s long term success, the net profit margin gives you a clear picture of whether or not it will survive in the long run.

POS Systems 52

POS Systems Portion Control Training Procurement 52

The Restaurant Times

JULY 28, 2021

Food wastage is one of the core problems of UAE restaurants. High food waste is not just bad for restaurants, it also impacts the environment and food security significantly. With the increasing world population, it has become imperative to control food wastage and ensure food security for the coming generations.

Portion Control 52

Portion Control Training Pricing 52

The Restaurant Times

JUNE 28, 2021

Running a restaurant in such an expensive country is tough as everything incurs higher costs than in other countries. However, even though you have no control over the prices of food, you can still adopt measures to control the food costs of your restaurant in the UAE. . Source: Wikipedia. Better Inventory Management.

Procurement 52

Procurement Pricing Portion Control POS Systems 52

Modern Restaurant Management

DECEMBER 17, 2020

This edition of MRM Research Roundup features news that consumers plan to put restaurants at the top of their shopping lists, the latest stats for on premise and why the restaurant of the future is here now. Nearly half (48 percent) of respondents also said they are likely to buy gift cards from a local independent restaurant.

Travel and Tourism 167

Travel and Tourism Sanitation Marketing Training 167

Modern Restaurant Management

SEPTEMBER 15, 2020

The Distilled Spirits Council of the United States (DISCUS) announced the formation of the Hospitality Recovery Coalition with the goal of supporting on-premise partners, including restaurants, bars and distilleries, facing harsh economic impacts due to the COVID-19 crisis. NAB Acquires SALIDO.

Marketing 162

Marketing Sanitation Multi-Unit Operations Information 162

Modern Restaurant Management

JUNE 19, 2020

In this edition of MRM News Bites, we feature links for PPP Forgiveness, new Yelp features and more products and services for restaurant recovery. Manual Wait Controls : Lets restaurants manually adjust wait time estimates during unexpected circumstances so diners have more accurate wait time expectations.

Sanitation 145

Sanitation Information Marketing Document 145