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Building a New Customer Base for Your Restaurant

Modern Restaurant Management

Quality food and top tier service with the incentivization of loyalty programs and a good location should be enough to get a good share of local customers. Society Insurance has compiled three tips to help find new customers for your restaurant and bar. But what happens when you hit your local ceiling?

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MRM Research Roundup: Labor Struggles, Holiday Habits, and Food Truck Trends

Modern Restaurant Management

The survey was conducted in January 2024 among 522 US-based Food and Beverage professionals, including owners and managers from single-site establishments and small multi-site chains with fewer than 20 restaurants. Hardee’s offered an LTO this summer, leading to a boost in loyalty among the chain’s visitors.

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Digital Dining and ‘Restaurant Recovery’ Show

Modern Restaurant Management

” Traditionally, to enable delivery most sellers list their menu on food delivery platforms because the restaurant doesn’t have their own couriers. The program will kick off in the 50 largest U.S. This approach is often expensive because these platforms charge a commission to fulfill the delivery for each order.

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As Restaurants Reopen, Many Are Struggling to Find Employees

EATER

The restaurant’s general manager, who asked that both her name and that of the restaurant remain anonymous because of the sensitivity surrounding hiring practices, says she’s able to offer these still-unemployed workers little more than daily check-ins and free food. I found a lot of loyalty in the team we were able to build here,” she says.

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Food Truck Profits

BNG Point of Sale

Guide on the Food Truck Business and How to Increase Profits . You intend to start a food truck business, correct? Although the food truck business relieves some of the responsibility and worry that comes with running a brick-and-mortar restaurant, they also carry their own unique set of challenges.

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Restaurant Profit Margin: 7 Ways To Actually Make Your Operation More Profitable

SpotOn

But not entirely because of inflation, labor shortages, and high food costs. Gross profit margin subtracts only the Cost of Goods Sold (COGS) to determine the profitability of your food and beverages, while net profit margin subtracts all your costs to determine the profitability of your entire operation. We all know it. Labor costs.

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How to Calculate Gross Profit for Your Restaurant Business

Restaurant365

Generally, there are three areas of expenses that take up most of a restaurant’s budget: Cost of Goods Sold (CoGS, otherwise known as food costs). Your gross profit margin represents what is left over after you sell a dish and subtract the food cost of making that dish. Labor (from hourly wages to payroll taxes). Reduce CoGS.