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Prime Costs: Understanding and Application for Restaurants

Synergy Suite

Effectively managing food costs is essential for maintaining profitability and sustaining a competitive edge and involves monitoring ingredient prices, negotiating with suppliers, minimizing waste through proper inventory control, and implementing portion control practices.

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Restaurant Operations Overview: What You Need to Know

7 Shifts

Portion control in the kitchen saves on inventory, which helps keep the restaurant profitable. On the other hand, skimping on ingredients increases the likelihood that a guest won't come back – and may even tell others not to do the same. Staff training needs to strike a delicate balance of being welcoming and informative.

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How to Calculate Food Costs in Your Restaurant

Synergy Suite

Train staff. It can be rewarding to train staff on upselling and cross-selling techniques. Here are a few of the top advantages: Inventory Control: By tracking, analyzing, and managing food costs effectively, inventory costs will be lower and inventory management will be more efficient.

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MRM Research Roundup: Mid-December 2020 Edition

Modern Restaurant Management

Based on a survey 2,094 employed respondents, the report finds that less than half of managers (48 percent) have been trained in key areas such as one-to-one meetings, coaching, recognition, or professional development. “Organizations need to offer widespread training to all managers to empower them to better lead their teams.