Accounting Article Cost Reduction Scheduling 
Revenue Hub
MAY 18, 2023
Inflation, labour issues, and rising cost to meet the needs of an increasingly tech-savvy and sophisticated guest journey. With an ever-increasing amount of cost-associated challenges in our industry, this topic couldn’t have been addressed at a better time. Want to know how to turn cost issues into a competitive advantage?
The Restaurant Times
OCTOBER 29, 2020
In the restaurant business, labor costs account for the majority of expenses. The ratio of restaurant labor costs to the overall sales averages at 22-40%, whereas it can be as high as 75% in some cases. That is why restaurants and cafes must control their labor costs and maintain profit margins. Review And Schedule.
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7 Shifts
APRIL 3, 2020
Please note thought: this article is meant to provide information only and is not a substitute for any professional advice you may receive from an accountant, lawyer, HR, or other professional. Evaluate your restaurant scheduling practices to see if you are consistently over-budgeting on labor needs based on your sales.
Synergy Suite
DECEMBER 14, 2023
At the end of this article, you’ll not only grasp the concept of the inventory turnover ratio but also be equipped with strategies to maximize it, ensuring smoother operations and increased profitability for your restaurant. Schedule a demo today to see how SynergySuite can help you take your restaurant business to the next level.
Modern Restaurant Management
DECEMBER 16, 2019
November and December purchases typically account for upwards of 50 percent of annual gift cards sales. While gift cards account for 6.3 This article looks at what happened in the cultured meat industry in 2019 and explores what’s in store for 2020. The Role of an Event Professional.
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