Remove Merchandise Remove Pricing Remove Seasonal Menu
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Understanding Restaurant Finances & Financial Statements in 2024

7 Shifts

By analyzing these reports, you can optimize pricing, control restaurant costs , reduce waste, and improve overall profitability. Food & beverage sales report A food and beverage sales report breaks down revenue from different menu items, giving you an idea of the best-selling dishes and optimizing your menu accordingly.

2024 221
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Free restaurant profit margin calculator & comprehensive guide

Open for Business

It’s an all-important metric that influences everything from menu pricing to operational decisions and beyond. Is there a seasonal pattern? Measure the impact of changes: Did that new menu item boost your profits? Shop around for the best ingredient prices without sacrificing quality.

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Prepare Now for a More Profitable Christmas

Ken Burgin

Finalise the Festive Menus – it may be months away, but customers want menu and price certainty. Review the range of menu styles and pricing – small, medium, large still works for pricing and range. Make this the season of List Building. Sell your t-shirts, jams and souvenirs like a real gift shop.

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12 Tips to Increase Catering Profits This Busy Season

Cheetah

The busy season is underway, and for caterers and restaurants it is the biggest opportunity in the past two years to boost sales and make a hefty profit. Most travel and social distancing restrictions have been lifted and supplier indications point to a record breaking catering season. Reading Time: 4 minutes.

Catering 148
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Creating a restaurant website: Why it matters and how to nail it

Open for Business

Accessibility and convenience for guests Make it easy for potential customers to find baseline information about your restaurant, like location, menu, hours of operation, and contact details. Consider components like the navigation bar, home page sections, menu, press coverage, and photo galleries. A standalone menu page.

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MRM Research Roundup: Year-End 2020 Edition

Modern Restaurant Management

The most ordered menu item of 2020 came from South Carolina chain, New York City Pizza, and its “New York” thin-crust pizza. Oracle leads both general merchandise and hospitality sectors globally, with international customers including Gap and Burger King. Driving Demand for Alcohol. Invest early in digital marketing.

2020 211
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How to Lower Restaurant Labor Costs and Boost Profitability: Quick Wins and Long-Term Solutions

ChowNow

If certain menu items often go unfinished, consider reducing portion sizes, which can lead to significant savings over time. Tools that integrate with your POS system can offer insights into popular vs. underperforming menu items, allowing you to make informed decisions about what to keep and remove from your menu.

Webinar 88