Remove Advertising Remove Merchandise Remove Point of Sale Remove Sourcing
article thumbnail

The Enduring Appeal of Signature Staples at QSRs and Beyond

Modern Restaurant Management

In a competitive market, these staples serve as a point of differentiation, setting one QSR apart from another and creating a loyal customer base that keeps coming back for more. Strategic promotions enable QSRs to generate excitement and drive sales around customer favorites. In the $387.5

article thumbnail

10 Ways Coffee Shops Can Make The Most Of Social Media

The Restaurant Times

Since coffee shops need the in-person presence of customers to increase sales, they must develop a strong online presence to woo people and keep them coming back! You need to focus on advertising your coffee specials on social media channels so that customers know they can expect the best taste and service from your coffee shop.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Free restaurant profit margin calculator & comprehensive guide

Open for Business

It’s helpful for understanding your restaurant profitability, and there are two main types you need to consider: Gross profit margin measures profit from food and beverage sales before accounting for operating expenses. Determine your profit margin: Divide your net profit by your total sales, then multiply by 100 to get a percentage.

article thumbnail

L&L Puts Aloha Spirit into Practice

Modern Restaurant Management

She saw double digit percentage sales increases in March, April and May. These included Matt Chang, who owns and operates the L&L location in Point Loma, Calif., The company waived its one-percent advertising fee and deferred its three-percent royalty fee for two months. The franchisees were community forward as well.

Franchise 147
article thumbnail

How to Manage Cash Flow During Restaurant Restrictions

Restaurant365

A healthy, positive cash flow is necessary to pay your bills and grow sales. Understanding your cash flow not only keeps your operation afloat, but it also prepares you to handle unexpected changes in sales and expenses. Forecasting enables you to better understand your future financial health, based on your sales and prime costs.

article thumbnail

7 key restaurant revenue streams to prioritize in 2024

7 Shifts

One of the best things to do is to find additional revenue streams to supplement your core food and beverage sales. Diversifying your income sources can help offset rising costs and boost your overall profitability. Profitability remains a challenge for many restaurants, especially with prices for ingredients and labor going up.

2024 243
article thumbnail

Entering China’s Emerging Coffee Market

Perfect Daily Grind

At this point, the specialty coffee scene was still a long way from becoming established. China might be the fourth-largest country in the world and have the largest population on earth, but it has one of the world’s lowest coffee consumption rates, with citizens consuming an average of just one cup a year. .

Marketing 138