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Restaurant Accounting: A Comprehensive Guide

7 Shifts

By tracking metrics like customer retention and employee turnover rate, contribution margin, and menu item profitability, restaurant managers can identify each area’s strengths and what areas need improvement. This number is essential because it helps you determine the price of your food and beverages.

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Dynamic Pricing Technology: Why Restaurants are Finally Paying Attention

Apicbase

Restaurants often cater to their most loyal patrons , and because loyal and first-time customers alike tend to pay attention to how much they’re paying for their food, changing menu prices is risky business for restaurants. As a result, dynamic pricing in restaurants hasn’t been common in the past. What is Dynamic Pricing?

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La Mediterranee – Sustainability, Profitability and Purpose – One Owner’s Journey

Cheetah

And, as if every minute didn’t already matter to a restaurant owner, the time commitment to turn a restaurant into a more sustainable business may not seem feasible. Now is the time when consumers are most excited to support your sustainable initiatives! Sustainability in Industry. From Beirut to the Heart of SF.

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Want guests happy to spend more? Give them a more sustainable restaurant

Open for Business

In spite of inflation, increasing prices, and overall economic uncertainty, there’s one thing that people remain willing to pay up for: Sustainability. Even Michelin has gotten into the sustainable food movement, awarding a green star for restaurants that uphold the highest environmental standards.

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How to Raise Restaurant Menu Prices without Negative Pushback

Ken Burgin

Operators still holding the price of meals to what they were 12 months ago are bearing the brunt of massive increases in the cost of ingredients. Setting prices is approached with fear and anxiety by many restaurant and cafe operators, but it’s a unique opportunity to use your marketing and financial skills and make more money.

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Creating a sustainable restaurant in 3 easy steps

Deliverect

Sustainability is a matter that has always been around, but in the past few years this topic has been flaring up in all industries. Around 3 out of 4 millennials are willing to pay more for sustainable products, as is 66 percent of consumers around the world*. to consumers for adjusted prices, and delivers the food, too.

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Corporate Catering Leaders Share Insights On Consumer Demand, Labour Shortages, Sustainability And Technology

Apicbase

The corporate catering sector faces a host of challenges, including labour shortages and the Herculean task of making the supply chain more sustainable. There is more remote work, sustainability has become essential for business, and competition from food delivery services, local restaurants, and retail is fierce.