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Definition of revenue growth strategies

Les Roches

Involving the sale­s team in that goal-setting also helps foster a se­nse of ownership and accountability and can help boost motivation too. It’s also worth conside­ring implementing differe­nt package options or pricing tiers that cater to custome­rs’ preference­s.

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Worried About High Restaurant Labor Costs? Here are 8 Strategies Saudi Restaurants Can Use to Control Them

The Restaurant Times

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.

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MRM Research Roundup: Mid-December 2019 Edition

Modern Restaurant Management

November and December purchases typically account for upwards of 50 percent of annual gift cards sales. While gift cards account for 6.3 Catering company Nisbets surveyed 1,000 UK residents* and found that two million of us will be dining out this Christmas Day, with a huge 90 percent of us choosing to stay in and cook ourselves.

Events 128
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10 Effective Cost-Saving Strategies for Hotels

Revenue Hub

This approach not only puts hotels at a disadvantage compared to other businesses that have embraced technology but also fails to cater to the ever-more digitally savvy traveller of today. Aspects such as taking seasonality into account can help project possibilities to avoid excessive food waste or energy use.