Synergy Suite
AUGUST 9, 2023
With the average food costs in a restaurant typically hovering around 30%, and global food prices rising at nearly 40% year over year , managing food costs is more critical for restaurants than ever. It serves as a benchmark for what the price should be under ideal circumstances, assuming no waste or deviations from portion sizes.
The Restaurant Times
SEPTEMBER 4, 2020
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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The Restaurant Times
JULY 24, 2020
Looking at the scenario, exercising portion control is crucial for a restaurant’s well being. In this article, we will discuss how restaurants in Saudi Arabia can execute portion control in their restaurants and increase their revenues. . Importance Of Portion Control In Restaurants .
MBB Hospitality
NOVEMBER 15, 2023
This article explores effective strategies for controlling food costs while maximizing restaurant revenue. It involves tracking the cost of each ingredient, understanding seasonality, and recognizing price fluctuations. Leveraging technology can streamline these processes, reducing waste and ensuring precise portion control.
Synergy Suite
OCTOBER 12, 2023
In this article, we explore what gross profit margin is, how to calculate it, and how it is distinguished from other profitability metrics like net and operating margins. Analyze the gross profit margin to understand how efficiently you’re managing costs and pricing your menu items.
The Restaurant Times
OCTOBER 5, 2020
This article explains how restaurants in Saudi Arabia can calculate the net restaurant profit margin and improve it over a period of time. . Adopt measures to decrease the amount of food you throw away by focusing on correct portion control. Negotiate better prices with suppliers. Try Decreasing Overheads.
The Restaurant Times
JUNE 28, 2021
However, even though you have no control over the prices of food, you can still adopt measures to control the food costs of your restaurant in the UAE. . This article will present you with some useful ideas so that you can keep your food costs in check. . 6 Ways To Control Food Costs Of Your Restaurant In The UAE .
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