Remove Catering Remove Merchandise Remove POS
article thumbnail

How to Calculate and Improve Your Bar’s Profit Margin

7 Shifts

To get a clearer picture of your product mix, use reports from your POS system to track key metrics like sales volume, pour cost, and inventory usage. Use your POS data to analyze your busiest times and days to identify when you need more staff on hand. Selling branded merchandise is another smart way to boost your bar's profitability.

article thumbnail

Publish Your Website with These Best Restaurant Website Builders

7 Shifts

Thus, the platform has excellent features for restaurants, like online ordering , e-commerce, events management, contactless dining, and catering capabilities. Shopify was built for e-commerce, so it's an optimal choice if you want to sell merchandise on your restaurant's website. Vantage , or Lively.

Insiders

Sign Up for our Newsletter

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

article thumbnail

2024 Outlook: Restaurant Trends and Challenges, Part One

Modern Restaurant Management

– Giliah Librach, Director of Merchandising Operations, ezCater As we look ahead to 2024, these technological advancements are poised to become even more ingrained in the restaurant ecosystem. General liability claims are not likely to fade any time soon, either.

2024 493
article thumbnail

7 key restaurant revenue streams to prioritize in 2024

7 Shifts

Offering additional services, like delivery and takeout, meal kits and subscription boxes, and even catering and hosting special events can unlock new growth opportunities. Research and compare different online ordering platforms and other point-of-sale (POS) systems like Toast, TouchBistro, and Square.

2024 243
article thumbnail

How to Lower Restaurant Labor Costs and Boost Profitability: Quick Wins and Long-Term Solutions

ChowNow

By monitoring your Point of Sale (POS) data and comparing this with labor expenses, you can identify inefficiencies. “Use software that integrates POS data with your scheduling system to provide real-time insights and adjust staffing levels accordingly,” said Singh. Conversely, are you under-serving during peak hours?

Webinar 221
article thumbnail

How to Open a Coffee Shop: The Ultimate Guide

7 Shifts

This knowledge will help you answer these questions and more– helping you differentiate yourself from the competition and best cater your coffee shop to the community's needs. Shelving if you're selling merchandise like hats or t-shirts. Your POS should not just take orders and process payments. Online Ordering.

License 459
article thumbnail

Your guide to the best restaurant merchandise ideas

Clover - Restaurants

One of the most effective ways to boost your business and generate additional revenue is by offering restaurant merchandise. From trendy accessories to gourmet muffin mixes, the right merchandise can turn your loyal diners into ambassadors, spreading the word about your eatery. Why offer restaurant merchandise?