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Your guide to the best restaurant merchandise ideas

Clover - Restaurants

One of the most effective ways to boost your business and generate additional revenue is by offering restaurant merchandise. From trendy accessories to gourmet muffin mixes, the right merchandise can turn your loyal diners into ambassadors, spreading the word about your eatery. Why offer restaurant merchandise?

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How to Calculate and Improve Your Bar’s Profit Margin

7 Shifts

It just goes to show how important drink pricing and cost management are to maximizing profits. Bar profit margin and pour cost Some high-performing bars can reach higher margins by optimizing their costs and pricing strategies. Keep in mind that certain drinks can be priced higher due to their popularity or unique ingredients.

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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. Because the sales report shows the revenue generated by each menu item, you can set your pricing appropriately to maintain healthy profit margins. This balance helps in maintaining optimal labor costs.

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Boost Profits and Get Your Restaurant Haunted for Halloween

Cheetah

They are great for boosting profit margins as diners tend to purchase more of them and accept slightly higher prices. Quality, locally sourced food and even vegan options can be used smartly to cater to the more environmentally aware and health oriented customers, not to mention parents. Using a digital menu makes this much easier.

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How to Avoid the Top Seven Restaurant Inventory Management Mistakes

Modern Restaurant Management

Integration between the POS and inventory management software allows inventory to be managed from end-to-end by automating steps such as tracking recipes, uploading invoices and auto-updating item prices. Using a tool like a food waste log can help managers record sources of waste at the time it happens for analysis later.

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Coffee News Recap, 9 Dec: Jibbi Little wins 2022 World AeroPress Championship, EU agrees to ban coffee and other imports linked to deforestation & other stories

Perfect Daily Grind

Price of coffee dropped by 12.3% In its latest monthly report, the organisation says that while average prices for all group indicators decreased in November, the ICO Composite Indicator Price stabilised around US 160 cents/lb last month. The auction brought in more than US $303,504, with an average price of US $17.02/lb.

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How to Open a Coffee Shop: The Ultimate Guide

7 Shifts

Sourcing Equipment. You may discover that your target customers enjoy an afternoon pick-me-up and are sensitive to price. This research will dictate your hours of operation and pricing plans! Expected menu prices. Source: Smart Draw. Shelving if you're selling merchandise like hats or t-shirts.

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