Ask anyone what they love about their favorite restaurant and you’ll likely hear something similar to this: “I’ve never had better lasagna.” OR “Their nachos are the best in town.” Your recipes are the cornerstone …
Manage Your Inventory Variance, Not Just Your COGS
I know my COGS numbers, now what? The restaurant industry has historically managed their teams to the Actual COGS numbers. The age old equation: Beginning Inventory + Purchases – Ending Inventory = Usage. Usage/Sales = COGS The most successful operators understand …
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The Real Cost of Restaurant Employee Turnover
You might think that worst thing that could happen to you as a restaurant owner or manager would be to have empty tables. But the ugly truth is that empty tables won’t cost you nearly …
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How Restaurant Profitability Translates to Being Shift Ready
Busy shifts are a common occurrence in the restaurant industry, but the cause of that busy feeling can vary. As operators, busy shifts can mean money coming in when you’re firing on all cylinders, or …
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5 Ways to Lower Your Food Costs
Restaurant operators across the country are particularly focused on one issue: lowering costs. Knowing that food and labor are the two biggest spend categories, tightly managing those are critical. As we continue to manage an …
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Small Business Relief for Restaurants
Small businesses are the lifeblood of communities across America, and there’s no doubt that restaurants account for a huge part of that. Right now, small businesses, and restaurants, especially, are hurting due to COVID-19. We’ve …
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How to Survive (and Thrive) in the Third-Party Delivery World
Let’s face it: third-party delivery (3PD) has invaded the restaurant space, and it’s here to stay. If you want to be competitive and aren’t already part of the 3PD universe, what’s holding you back? If …
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The Benefits of Restaurant Loyalty Programs
Loyalty programs are a very effective means of identifying and cultivating strong guest relationships. When loyalty program data is generated and paired with complementary data from additional sources, it creates an extremely potent combination. Research …
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Using Analytics to Reveal Inefficiencies
Every restaurant operator grapples with a common dilemma. Big problems are easy to identify and there’s often a clear plan to manage them. However, it’s the small inefficiencies and unknown opportunity costs that are crippling …
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Does Raising Menu Prices Actually Help Sales?
It seems like a foolproof equation. You raise menu prices, you increase revenues, you boost profits… simple, right? When you expand the math to include the impact of a price increase on sales, sometimes addition …
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