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Restaurant Weighing Scales Guide: Why You Need Them in Your Restaurant  

Modern Restaurant Management

These weighing scales are designed to take the guesswork out of food measurement and ensure controlled costs and better inventory management. There are several different types of restaurant weighing scales on the market, and each one is designed for a specific function. Portion Control Food Scale.

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Tips Saudi Restaurants Can Use to Get their Menu Pricing and Food Costs Right

The Restaurant Times

Pricing menu items for your restaurant business is one of the most challenging yet essential tasks. There are multiple ways of pricing the restaurant menu correctly. Or, serve meals at lower prices than your competitors. You can also work around your margins and quote a price that covers the essential cost. Direct Costs.

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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). Analyze the gross profit margin to understand how efficiently you’re managing costs and pricing your menu items.

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Prime Costs: Understanding and Application for Restaurants

Synergy Suite

They serve as a compass, guiding decisions on pricing strategies, menu development, and staffing levels, ultimately influencing the delicate balance between offering high-quality cuisine and ensuring the establishment’s profitability. Controlling them effectively can significantly impact your bottom line.

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How to Wield Restaurant Food Costs to Your Advantage

MBB Hospitality

It involves tracking the cost of each ingredient, understanding seasonality, and recognizing price fluctuations. This granular approach helps in making informed decisions about menu design, portion sizes, and pricing, ensuring that each dish contributes positively to your bottom line.

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How to Calculate Food Costs in Your Restaurant

Synergy Suite

It also takes into account any food wastage, spoilage, or pilferage that may occur during storage or preparation. Finally, do you need to adjust your menu prices or is the current price where it needs to be from both customer and business standpoints? Raise menu prices. See a more in-depth explanation of COGS here.

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2023 Outlook: Trends and Challenges Restaurants Will See, Part One

Modern Restaurant Management

More international brands will continue to enter the US market through delivery-only models. Consumers are realizing it’s a delicious wine with a good price point. Fast casual will continue to shine as it has since the pandemic generating the highest asking prices in the marketplace. – Alex Canter, CEO of Nextbite.

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