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Innovative Technology Highlights Valuable Solutions for Restaurant Security

The Rail

For restaurant owners aiming to update their security measures, technology plays a key role — from the value of integrated systems to innovative technology that can help transform CCTV efforts. These include an advanced point-of-sale (POS) system, as well as a security camera system. “If

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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.

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

ChowNow

She provided a wealth of knowledge on using technology and other strategies to improve profitability. Sukh Singh , Senior Sales Manager at 7shifts, offered deep insights into effective labor cost management practices. By monitoring your Point of Sale (POS) data and comparing this with labor expenses, you can identify inefficiencies.

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MRM Research Roundup: Year-End 2020 Edition

Modern Restaurant Management

Digital transformation accelerates forward as restaurants go virtual : Across both on- and off-premise experiences, technology played an integral role in powering safe options for customers. In addition to restaurants increasingly adopting technology, the popularity of ghost kitchens skyrocketed, increasing 60x in 2020 from 2019.

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Restaurant Loyalty Programs to Boost Revenues

Cheetah

One example is Chick-Fil-A’s rewards program (Signature Tier) that allows members to utilize their points by giving gifts to friends and family. What’s more, advertising deals about non-core products, like restaurant merchandise and swag , boost alternative revenue streams. Benefits of Restaurant Loyalty Programs.

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How to Open a Coffee Shop: The Ultimate Guide

7 Shifts

Design the Floor Plan Layout. We're all here for it! Coffee shops can be so much more than a place to grab a cup of joe and a croissant. They are places where friends and family gather, where ideas are formed and spread, and where important work gets done. For your coffee shop to reach that status, it has to be done right. Table of Contents.

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How the Tech Industry is Shaping the Future of Dining

Lavu

There’s a reason there are millions of food photos on Instagram and just a few thousand of point of sale systems (POS). The point is that restaurants and dining habits have changed dramatically in the past two centuries. Think of them as the real-life version of those house robots from ’80s movies.