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15 Restaurant Metrics to Know and How To Use Them

7 Shifts

Numbers can give us insights into everything from profits and losses to average customer spend to how often employees cycle through. Break-even point. Employee turnover rate. Sales per labor hour. You can now determine what percentage this is off your overall sales to get a picture of your restaurant's financial health.

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7 Tips for Hospitality Marketing During COVID-19

Social Hospitality

Then, watch market trends related to your industry and your destination. With this information in hand, you might be able to predict what’s coming next. Some of the top hotel companies are offering elite status extensions and additional points to users. Consider Your Employees. Promote Future Meetings .

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How to Open a Coffee Shop: The Ultimate Guide

7 Shifts

From the most popular preparation methods to the most coffee-consumed time of day, this information will help you build a coffee shop perfect for them. So, make the most of this step– gathering this information will help you plan, operate, and run a successful coffee shop. We're all here for it! Table of Contents. Coffee Shop Concepts.

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How Beechwood Doughnuts Streamlined Their Operations to Make 10,000+ Doughnuts A Week

7 Shifts

I was working as an assistant manager at a small business for a few years at that point, so I had a lot of experience of doing a little bit of everything in a small business, and I really wanted to open a business, but I didn't have anything to sell, so it worked out well.” A match made in doughnut heaven ?? I was fresh out of university.

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[Guide] Restaurant Management Tips & Tactics: 2019 Field Guide

7 Shifts

As a restaurant manager, your job is to juggle several responsibilities—from managing employees and controlling costs to creating staff schedules and boosting revenue. 7 Core Restaurant Management Responsibilities Staffing : Hire, fire, train, and manage employees. But restaurant management is the glue that holds it all together.

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How to Handle Temporary Restaurant Closure during COVID-19

7 Shifts

Consider things like merchandise sales, inventory sales, or private cooking lessons. Can you give dine-in related employees other tasks to do that will benefit your business and ensure that they don’t lose their income? In some areas, they are even being legally required to do so. We’ll talk about this more later on.

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Growth of Modern Contactless Payments: Increasing Restaurant Profitability and Efficiency

Modern Restaurant Management

The restaurant industry is driving the growth of modern point-of-sale (POS) solutions that enable contactless payments. restaurant sales are expected to reach 898 billion dollars by the end of 2022. Contactless solutions have become a tool to ensure the survival of many businesses over the past three years.