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How to Wield Restaurant Food Costs to Your Advantage

MBB Hospitality

Implementing Food Costing Solutions With the right food costing solutions, restaurants can turn a meticulous eye to their inventory and procurement processes. 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.

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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). These metrics go beyond merely counting revenue and expenses; they reveal the core profitability of the business, while accounting for various financial components.

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Why Restaurants Need To Have Integrated Systems for Smoother Operations?

The Restaurant Times

Accounting System. An accounting system becomes the critical bookkeeping tool in your restaurant’s information system arsenal by leveraging the power of a robust back-office system. It can manage inventory , procurement, scheduling, and even food safety (HACCP) compliance when integrated with a POS system to its full potential.

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EZ PPP Forgiveness App and Yelp’s New COVID Help

Modern Restaurant Management

Once they’ve created an account, they can?immediately?begin "As restaurateurs adjust and prepare for the new reality they face upon reopening, it's incredibly important to take into account the ongoing health & safety of guests and team members," said Jordan Boesch, 7shifts CEO. "According immediately?begin