Remove Accounting Remove Kitchen Operations Remove Pricing Remove Special Events
article thumbnail

Gross Profit Margin: A Guide for Restaurants

Synergy Suite

Gross profit margin is a fundamental financial metric that reveals the percentage of revenue left after accounting for the cost of goods sold (COGS). In the restaurant context, this encompasses the expenses associated with ingredients and other direct production costs, excluding operating costs like labor, rent, and utilities.

article thumbnail

Fast Food Restaurant Management – Diving deeper

Lithos POS

He acts as an accountant, overseeing invoices, payroll, profit and loss statements, and tax records. He has a key leadership role in the overall operations of the business. To keep kitchen operations efficient kitchen managers must control inventory, order supplies, and maintain kitchen hygiene standards.

article thumbnail

Restaurant POS system, the one-stop solution for restaurants

Lithos POS

POS helps you to automate various business functions such as inventory, payments, accounting, customer, and employee operations. Why Restaurant POS System Restaurant POS system offers seamless business operations. Overall, the system is a powerful tool to manage your financial operations.