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How to Avoid the Top Seven Restaurant Inventory Management Mistakes

Modern Restaurant Management

Inefficient restaurant inventory management practices, improper storage, gaps in inventory logs, theft, and waste can cause even the most successful kitchens to struggle or fail. Below are the top seven inventory management mistakes restaurants are making, and how to correct them. Always date and label everything.

Inventory 450
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Understanding Restaurant Finances & Financial Statements in 2024

7 Shifts

Components of a restaurant’s financial report The food and beverage sales report, prime costs report, inventory report, profit and loss (P&L) statement, and cash flow statement are all critical components of a restaurant's financial management. Labor costs can quickly eat into your profits if not managed carefully.

2024 221
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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. You can then accept cash payments upon delivery, which is helpful for local restaurants with limited budgets. The average pour cost of an alcoholic beverage is 20% , which generates 80% gross profit.

2024 243
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#LifeOrDeathRecipe Challenge and ‘A Woman’s Place’

Modern Restaurant Management

in a management role at the Officers’ Club. Trabon, menu management and publishing solutions, and MenuTrinfo®, nutritional analyst and food allergen expert, have forged a strategic alliance that enables an end-to-end solution for the calculation and presentation of menu item nutrition facts and allergen declarations.

Allergens 364
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Face Pay Network, Restaurant of the Future and The Main Course

Modern Restaurant Management

Modern Restaurat Management (MRM) magazine is collaborating with the team at MarketScale on The Main Course , a podcast that aims to explore the intense and competitive modern restaurant industry. "We Barbara Castiglia , MODERATOR – Modern Restaurant Management. They both went through a management training program.

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El Pollo Loco’s Pledge and techtown Refresh

Modern Restaurant Management

and four of the ten largest global food and beverage manufacturers rely on Green Rabbit to maximize the value of their digital food delivery initiatives. ” Purpose-built to serve the e-commerce industry, Green Rabbit was initially founded as Candy.com and managed primarily temperature-sensitive, confectionery products. .”

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Safe Distancing Tech and a Farewell to Foam

Modern Restaurant Management

The company is exploring collaborations with corporate partners and charities, as well as merchandise sales, to keep its mission alive. "When Contactless Order & Pay provides operators with a safe, contact-free solution for in-service experiences, helping them manage labor costs and keep their employees safe.