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2022 Restaurant Insurance Update

Modern Restaurant Management

. “Also, the potential for adding health insurance as a benefit will go a long way with employee retention and attraction, taking into account the consistent increase we are seeing in costs for that space.” “However, this comes at a cost that the owner needs to factor into their budgets,” Moller notes.

Budgeting 208
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Patio Season is Here. Make it Your Best Summer Ever with 7shifts Tools Built for Restaurants

7 Shifts

Schedule smarter, keep your labor budget in control, and ensure you have the right number of staff each day this summer, rain or shine. Outdoor dining, bar, and event spaces that open in the summer come with an added scheduling challenge. Special Events. Event management. Assign Stations. Communications.

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Optimize Local SEO for Your Restaurant

Modern Restaurant Management

Compared to other advertising forms, like TV or radio ads, local SEO can be a more budget-friendly option for businesses with limited funds. Here's how to create a business profile on Google My Business: Visit the Google My Business page and log in with your Google account. Keep your profile updated to engage your customers.

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Five myths about revenue management debunked

Hotel Business

There will likely be a special event or sudden period of high demand, so always look for those opportunities. One way to account for these anomalies is by using revenue management technology that runs multiple models and then selects the ones that provide the most accurate forecasts.

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Corporate events management

Les Roches

Defining the main goals of the event will help you decide on other elements such as the venue, format, target audience, and budget. Budgeting and financial planning: An event budget will help ensure that you stick to your spending plan and that all expenses are accounted for. This list is not exhaustive.

Events 52
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How to Wield Restaurant Food Costs to Your Advantage

MBB Hospitality

Advanced food costing solutions offer predictive analytics, helping restaurants forecast future spending and adjust budgets accordingly. When engineering your menu, consider the contribution margin of each item—that is, the actual dollar amount each dish contributes to overhead after accounting for food costs.

Pricing 52
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Fast Food Restaurant Management – Diving deeper

Lithos POS

He acts as an accountant, overseeing invoices, payroll, profit and loss statements, and tax records. The general manager is responsible for day-to-day operations, budgeting, and ensuring that the restaurant fulfills its financial targets. They are responsible for monitoring finance and ensuring financial laws.