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Restaurateurs Foresee Bright Future as Fine Dining Turns Vegan

Modern Restaurant Management

Nowadays, vegan food is becoming normal in restaurants and fast food joints. With increasing promotions in restaurant magazines, food blogs, and social media platforms, more people are expected to join this mega-trend. Restaurant industry is on the cusp of change. Bn at an impressive 22 percent CAGR in 2022.

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How to Drastically Cut Expenses in Your Restaurant (and Stay Profitable During COVID-19)

7 Shifts

COVID-19’s impact on restaurants around the world has been ramping up thanks to necessary social distancing measures—particularly in North America, where 4-5 meals are eaten away from home every week —and restaurateurs are feeling the squeeze on their bottom line.

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Labor Cost Percentage for Restaurants: The Ins and Outs

Synergy Suite

Running a successful restaurant goes beyond crafting delectable dishes and providing excellent service; it involves strategic financial management, with labor costs being a crucial aspect, that includes the intricacies of labor cost percentage. What is Labor Cost Percentage?

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Prime Costs: Understanding and Application for Restaurants

Synergy Suite

Operating a thriving restaurant involves more than merely presenting delectable dishes and designing a welcoming ambiance. It requires a keen understanding of your restaurant’s finances and, in particular, the concept of prime costs. What Are Prime Costs?

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All-in-One Restaurant Management System: How the Pieces Fit

Synergy Suite

An all-in-one restaurant management system encompasses various components that work together to streamline and optimize different aspects of restaurant operations. In this article, we dive into the different aspects of a quality restaurant management system, and discuss how each piece helps to serve the others.

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How to Calculate Food Costs in Your Restaurant

Synergy Suite

The most profitable restaurants know the importance of controlling food costs. Food sales are important, but so too is food expense management, especially during times when the cost of food is increasing. Today, we outline a few of the various strategies and techniques that can help you get the most out of food cost decisions.

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Unlocking the Ideal Restaurant Profit Margin for Your Business

Synergy Suite

It’s no secret that the restaurant industry is highly competitive. Restaurant owners know it’s important to become a family favorite because this can help eliminate choice overload (having too many choices to pick from). What is profit margin and how does it impact restaurants? Let’s get started!

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