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How to Open a Coffee Shop: The Ultimate Guide

7 Shifts

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. At their best, they're an essential part of their community—a third place beyond work and the home. Table of Contents.

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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. Another approach is to integrate an online ordering feature or plugin into your website and leverage your FOH as delivery drivers. In fact, only 27% of restaurant owners expect to be more profitable this year.

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How to Calculate and Improve Your Bar’s Profit Margin

7 Shifts

One key area to focus on is drink sales, with cocktail sales accounting for about 23% of a bar's revenue. It just goes to show how important drink pricing and cost management are to maximizing profits. Start by tracking all the income your bar generates, including sales from drinks, food, and any additional services.

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MRM Research Roundup: Year-End 2020 Edition

Modern Restaurant Management

spent per order, on average, across restaurant websites. spent per order, on average, across restaurant websites. While restaurants looked after frontline workers, diners lended their own efforts to support restaurants and their staff in 2020, offering donations, gift cards, tickets towards online classes and merchandise purchases.

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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. You can point your restaurant staff towards monetary relief programs offered by the government and other organizations to help them stay afloat if your business closes. Manage expectations by creating a timeline for updates.

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Is Your Ice Cream Too Cold? Lessons in Fighting Friendly Fraud

Modern Restaurant Management

As it happens online, some defended the hapless manager and others disagreed. Coming as a result of improvements in card chip technology, this was ostensibly meant to encourage merchants to step up at the point of sale and ensure they are doing their part to safeguard transactions where the card is present.

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Takeaway.com 101: the essential guide for restaurants

Deliverect

When you receive an order via the Takeaway.com website or app, you’ll receive it either on your ‘Takeaway Box’, the delivery company’s own POS receipt printer, or directly in your own POS system. Sales of merchandise and packaging. How does Takeaway.com work? Alternatively, sometimes consumers can collect their meal themselves.