Modern Restaurant Management

MAY 13, 2024

Tastes and preferences constantly change as trends come and go, keeping the restaurant industry on its toes. But two non-negotiables have remained strong for diners: convenience and loyalty. With digital and frictionless experiences at the forefront, diners are seeking their favorite restaurants in new, more affordable ways.

Pricing 197

Pricing Loyalty Program Mobile Ordering Customer Service 197

Culinary Cues

JULY 4, 2021

Prices of raw materials and labor, of course, have gone through the roof and there is no end in sight. Chefs may very well need to plan menus that change every week or two, or in some cases even daily based on availability and price. Smaller menus with changing content are the way to go.

2021 501

2021 Food Supply Seasonal Menu Supplies 501

Culinary Cues

JANUARY 20, 2024

There’s a reactionary movement that I keep seeing in restaurants; a movement that assumes the answer to the restaurant bottom line is to take more and give less or give too much to justify raising prices. A menu should thus be designed and priced to make those items seem essential.

Fine Dining 402

Fine Dining Food Truck Back of House Pricing 402

7 Shifts

AUGUST 2, 2024

This number is essential because it helps you determine the price of your food and beverages. TouchBistro stresses how the importance of this figure can help restaurant owners determine whether or not their food prices need to be adjusted. of times a specific item was sold x The item's price - (No.

Point of Sale 397

Point of Sale Inventory Seasonal Menu Cash Management 397

7 Shifts

AUGUST 7, 2024

It is affected by seasonality, market prices, and even pop culture. Determine your ideal menu price Multiply your plate cost by the food cost percentage to reach a target menu price. per serving Consider variables You can price the burger at $9.25 (rounding up) and make a profit on it. Food prices have been on a steady 2.6

Food 363

Food Seasonal Menu Inventory Pricing 363

Culinary Cues

JANUARY 23, 2021

The baseline formula for determining selling price using an acceptable food cost percent of 30% would be: SELLING PRICE SP) = PLATE COST (PC)/FOOD COST %(FC%). If we use the same baseline formula for determining selling price: SP = $13.00 /.30. SP = $26.00 (A price that guests would be more willing to swallow).

Point of Sale 450

Point of Sale Front of House Back of House Customer Experience 450

Culinary Cues

APRIL 30, 2023

Without a CULTURE OF QUALITY, the relationship of price to results is not always clear. When you push those expensive ingredients to the eventual plate what is most important is guest reaction: “Is it worth the price”. Quality and price are not always synonymous. But I wonder – is this true? Is it worth it!

Employee Relations 415

Employee Relations Sports Pricing Hiring 415

7 Shifts

SEPTEMBER 7, 2021

Has the price of going to a restaurant increased? We found a 14% increase in the total price on a receipt. Either diners have switched to ordering the more expensive items off the menu, or we're seeing very strong inflation of prices on menus. The bottom line is that the price of going to a restaurant has increased.

Tip Distribution 370

Tip Distribution 2021 2019 Cash Management 370

7 Shifts

NOVEMBER 24, 2024

Aside from improving restaurant customer experience , market research also helps you make informed decisions about location, pricing, and marketing strategies. increase in average wholesale food prices compared to last year, you might want to update your pricing strategy. With the 4.5%

Marketing 370

Marketing Social Media SEO Customer Service 370

Culinary Cues

OCTOBER 27, 2023

A restaurant centric operation relies on analytics, competitor analysis, surveys, budgeting, price comparisons, and knowledge of what the marketplace is comfortable with. They look for consistent, personalized quality commitments, a “yes” attitude when special requests are made, dependability, and a pricing that makes sense.

Hiring 405

Hiring Training Pricing Leadership 405

7 Shifts

JUNE 4, 2021

Ideal menu price. Your CoGSs is an essential number to have when determining your menu prices, inventory and impacts your net profit margin. It also plays a key factor in pricing your menu. Your check average can tell you a lot about your customers, menu pricing, and more. Ideal Menu Price. Employee turnover rate.

Point of Sale 416

Point of Sale Inventory Employee Relations Customer Service 416

Culinary Cues

AUGUST 21, 2023

Food was only surpassed by the breadth of wine lists and depth of distilled beverages, high priced art on the walls, enormously expensive glassware, Italian bone china plates, and custom sterling flatware. The entire experience was elevated and so were prices.

Back of House 400

Back of House Food Supply Government Dine-in 400

Culinary Cues

JULY 15, 2022

We have all felt the pain at the store following a frost in California, a hurricane in the Southeast, or droughts in the Midwest. [] ADDICTION TO CHEAP FOOD: Mass produced convenience foods that are low in nutritional value, and high in calories, fat, and sodium, but low in price, have become the staple in many American family diets.

Food Supply 390

Food Supply Food Truck Consumer Goods 2000 390

Culinary Cues

MARCH 26, 2022

Again, turn to the National Restaurant Association for guidance. [] PRICING YOUR MENU BY COMPARISON. More often than not – the success of your restaurant begins with effective menu planning, proper pricing, and consistent execution. Every business requires controls in pricing, consistency, quality, and cash handling.

Cash Management 379

Cash Management Social Media Restaurant Law Communication 379

Culinary Cues

APRIL 15, 2023

Here’s the kicker: It cost each restaurant $900 to participate in the week (I guess to cover town wide promotion expenses) and every restaurant must agree to deep discount pricing for guests. There is no cache of money to turn to, and the prices we charge are not based on greed, but necessity. We would love that.

Seasonal Menu 461

Seasonal Menu Café Point of Sale Social Media 461

7 Shifts

AUGUST 18, 2024

Not only do you have to manage many costs including, labor, equipment, and food—but you have to do it while dealing with inevitable price increases. It helps you accurately price your menu items , has a direct impact on your prime cost and helps you run a profitable restaurant. Why is Food Cost Important? or 30% ($1,50/$5.00*100).

License 370

License Equipment POS Food Supply 370

Culinary Cues

NOVEMBER 20, 2023

Some businesses understand how to use pricing to draw people in and then how to upsell the experience – others are not – SHARE what you’re good at. Is it safety, parking, navigating a store or restaurant menu, pricing, speed of service, or lines?

Customer Experience 376

Customer Experience Customer Service Food Safety Hospitality 376

Culinary Cues

MAY 4, 2021

This is a time when customers are listened to and restaurants acknowledge that service, convenience, consistency, experiences, and value equate to the formula for success regardless of the type of restaurant, product, or price range. This is a time to start fresh.

Customer Service 490

Customer Service Customer Experience Training Pricing 490

Culinary Cues

APRIL 23, 2022

Smart buying means to look at quantity discounts when available, buying generic brands when quality still meets your standards, and shopping several vendors with quality and price in mind. When you know what the cost of a menu item truly is then you are able to build proper selling prices that lead to profitability.

Food 395

Food Seasonal Menu Waste Point of Sale 395

Culinary Cues

JANUARY 8, 2021

Chefs who are able to generate, assess, and use analytical data in their decision-making (menu trends, cost trends, daily labor analysis, market prices, etc.) Everything, every service, every price, every vendor relationship is negotiable –especially when it comes to buying local and regional. If this is your M.O.

2021 467

2021 Social Media Kitchen Safety Restaurant Law 467

Culinary Cues

JULY 22, 2021

The food didn’t seem as exciting or well-prepared, the server was less familiar with the menu than they had expected, their orders took forever, the ambience of the dining room seemed a bit off, staff seemed stressed and disconnected, prices were way too high, and many people were still nervous about being in a public place without a mask.

Guest Recovery 449

Guest Recovery Uniforms Point of Sale Customer Experience 449

7 Shifts

AUGUST 26, 2019

"Restaurant revenue management is defined as selling the right seat to the right customer at the right price and for the right dura­tion."— From there, you can make vital decisions about price, service capacity, table turnover, and your menu to boost revenue and profits. But it doesn't have to be if you implement the right strategies.

Management 408

Management Management Airlines Customer Service 408

Culinary Cues

APRIL 9, 2020

Finally, it is essential that every quality restaurant (regardless of the style, type of food, or price point) should learn that the restaurant “experience” is one that appeals to all of the human senses.

Customer Experience 501

Customer Experience Customer Service Dine-in Sports 501

Culinary Cues

FEBRUARY 13, 2022

The not so good news is that labor issues continue to plague all restaurants from fine dining to quick service, and supply chain challenges are limiting availability and in conjunction with inflation pushing prices of raw materials to unprecedented levels. There are a number of possible solutions, but not all of them positive.

Compost 448

Compost Fine Dining Waste Café 448

7 Shifts

OCTOBER 28, 2024

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.

Point of Sale 195

Point of Sale Merchandise Seasonal Menu Bar 195

Restaurant Business

DECEMBER 4, 2024

The fast-casual chain has held back on pricing in most regions while focusing on consistent portion sizes. But to address rising inflation, it raised menu prices about 2%.

Pricing 111

Pricing Fast Casual Menu Casual 111

Culinary Cues

AUGUST 4, 2022

The greatest threat is not the labor shortage or supply chain issues, it’s not the pandemic or the price of real estate – yes, all those concerns are troubling and must be dealt with, but they are not what will bring the restaurant industry to its knees. Well then – what will? Try apathy on for size. Toynbee (author and historian).

Front of House 340

Front of House Back of House Coaching Customer Service 340

7 Shifts

FEBRUARY 12, 2021

According to recent data from the National Restaurant Association, restaurants overall sell for a median price of $150,000. The average price sits around half a million dollars, according to data from Restaurants for Sale. However, restaurant prices vary widely, based on region, location and type.

License 444

License Equipment Certification Take-out 444

Culinary Cues

OCTOBER 24, 2020

These aspects include: décor, skill level of staff, style of service, pricing, profit, type of vendors selected, kitchen layout, equipment selection, marketing and advertising, pay scales, dining room seating, type of china, glassware and flatware, even the location and color scheme for the exterior of the restaurant.

Menu 401

Menu Seasonal Menu Front of House Reference 401

Culinary Cues

OCTOBER 23, 2024

From a strict business standpoint this statement seems reasonable, however at what personal price. “If A stake in the ground that insists you will only buy ingredients from local farmers and vendors may not be wise based on consistency, availability, price controls, quality and service.

Café 336

Café Pricing Hiring Blog 336

7 Shifts

MARCH 31, 2021

Determine how you’ll price your products. If you’re offering it at lower prices, be sure that you’re not sacrificing the quality of your food. Business owners use the market share potential to show investors that the client customer base is enough to support the business and make it profitable.

Cash Management 370

Cash Management Customer Experience Document Customer Service 370