The Restaurant Times

NOVEMBER 25, 2021

When you open a restaurant, you want your food to speak for itself rather than have to upsell it to your customers. Your menu may reflect the atmosphere of your restaurant quite well and be consistent with your brand. However, you need to go even further by doing a menu engineering analysis to drive sales and increase profits.

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Server Training Pricing Blog 52

Synergy Suite

SEPTEMBER 9, 2022

The restaurant industry has been tossed through a laundry list of change, and forced innovations since early 2020. But even before the pandemic, restaurants have always been a remarkably difficult industry for business owners. Proper menu engineering merges menus & data streams to increase profitability.

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Pricing Guest Satisfaction Blog 52

Synergy Suite

DECEMBER 21, 2023

For restaurants, where precise inventory management is essential for controlling costs and ensuring a seamless supply chain, understanding inventory variance is a critical aspect that can significantly influence the financial health and operational efficiency of an establishment. What Is Inventory Variance?

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Portion Control Information Menu Planning Training 52

Synergy Suite

AUGUST 4, 2023

Restaurant enterprises know that consistently delivering an exceptional experience is the secret ingredient that separates good brands from great brands. The secret to ensuring profitability while delivering a consistently great guest experience starts within your back of house operations.

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Back of House Information Communication Blog 52

Synergy Suite

DECEMBER 7, 2023

In the competitive restaurant industry, the bottom line often determines a restaurant’s success or failure. This metric measures the average amount of money a restaurant earns from each seated guest. It is a critical indicator of a restaurant’s financial health and its ability to generate profit.

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POS Systems Pricing Training Reservations 52

Synergy Suite

NOVEMBER 16, 2023

When it comes to restaurant management, deciphering the intricacies of menu item performance is essential for culinary success. Menu item performance refers to the assessment of how well individual dishes or items on a restaurant’s menu are faring in terms of sales, profitability, and customer satisfaction.

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Les Roches

JANUARY 26, 2024

Objectives of food and beverage marketing Food and beverage marketing is, quite simply, all about increasing sales. Increasing brand awareness The first aim is to increase­ brand recognition through strategic campaigns, captivating visuals, and engaging conte­nt. This can be sales to individual customers, or wholesale.

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Marketing Blog Pricing Competitive Analysis 52

Synergy Suite

DECEMBER 19, 2023

In the ever-evolving world of restaurant management, staying ahead of the curve is crucial for sustained success. One key metric that can make a significant difference in your restaurant’s profitability is Sales Per Man Hour (SPMH).

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POS Systems Scheduling Training Pricing 52

Synergy Suite

NOVEMBER 30, 2023

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? Controlling them effectively can significantly impact your bottom line.

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Portion Control Scheduling Pricing Training 52

Synergy Suite

OCTOBER 4, 2022

The global pandemic posed substantial risks and potentially threatened to close the restaurant industry as a whole, forcing restaurateurs and technologists to innovate to stay open. In the midst of the pandemic, restaurant consumer preferences were also shifting. In August 2022, the cost of food increased 11.4%

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Synergy Suite

NOVEMBER 23, 2023

Running a restaurant involves more than just creating delicious dishes and providing excellent service. It may sound complicated but, in this chapter we’ll dive deep into what EBITDA is, why it’s important for your restaurant, and how you can use this metric to gauge and improve your business’s financial health.

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Synergy Suite

DECEMBER 14, 2023

Running a restaurant is a complex and demanding endeavor, and one of the key challenges that restaurant owners face is managing inventory efficiently. Efficient inventory management is crucial for the smooth operation of your restaurant and directly impacts your bottom line. What is Inventory Turnover Ratio?

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Menu Planning Information Procurement Training 52

Synergy Suite

MAY 13, 2024

Imagine a bustling street corner where the savory aroma of freshly cooked meals beckons hungry passersby – this could be the future of your very own fast food restaurant. Fast food restaurants are well-known for their capability to supply pre-prepared and quickly served meals, accommodating busy schedules, and cost-effectiveness.

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Document Pricing Marketing Competitive Analysis 52

The Restaurant Times

JULY 28, 2020

The technology-driven delivery platform has also fuelled the demand for cloud kitchens, also known as dark kitchens, virtual restaurants, ghost kitchens, and delivery-only restaurants. Let’s uncover some of the common mistakes in this blog post. Common Mistakes That Can Ruin Your Ghost Kitchen. Lack of A Proper Structure .

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POS Systems Pricing Kitchen Operations Blog 85

Lithos POS

MAY 26, 2023

Restaurants are one of the highly competitive industries in the UK. It helps restaurants to manage their complex business operations such as inventory management, customers, employees, and other business operations. LithosPOS is one of the leading restaurant POS systems UK that are partnered with payment partners.

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POS Systems Accounting Blog Reservations 40

Modern Restaurant Management

SEPTEMBER 16, 2020

Modern Restaurant Management (MRM) magazine surveyed marketing experts to find out the best ways restaurants can market themselves now. 'Safety' is what I believe to be most important now to help assure patrons to revisit their favorite restaurants. An app-first experience for restaurant chains.

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Synergy Suite

NOVEMBER 9, 2023

In the complex world of restaurant management, waste and food cost control stand as paramount metrics for sustained success. At its core, waste and food cost control is a strategic approach to managing expenses associated with the procurement, preparation, and disposal of food in a restaurant. What is Waste and Food Cost Control?

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Portion Control Procurement Training Communication 52

Les Roches

JANUARY 20, 2024

Food and beverage consulting delivers invaluable­ knowledge in areas such as ope­ning new restaurants, improving existing e­stablishments, devising effe­ctive marketing strategie­s, and creating efficient business ope­rational plans. Restaurant concept development consulting At the heart of any dining establishment is its concept.

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Regulatory Compliance Pricing Marketing Menu Planning 52

NCC USA

MARCH 31, 2023

In this blog, we will be going over 7 POS reports you should be pulling on a regular basis and what can be gleaned from these reports. Sales reports can provide vital insights into the profitability of your business. Transaction Reports Transaction reports help you keep track of your restaurant’s sales and payment methods.

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POS Systems Information Accounting Blog 52

Restaurant Engine

MARCH 10, 2021

Coupons can bring in repeat customers to your restaurant. As a restaurant owner or manager, you want to drive new customers into your restaurant. You may also want to increase the loyalty and retention rate of your current customers. One option that hits both of those marketing goals is the restaurant coupon.

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Synergy Suite

OCTOBER 5, 2023

Revenue is the lifeblood of any restaurant business. Just like with any business, understanding and effectively managing restaurant sales and revenue is crucial for long-term success. For many restaurant businesses, revenue and sales are often used interchangeably. Revenue and Sales: What are they, and how are they different?

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Catering Information Events Labor Cost Controls 52

Lithos POS

NOVEMBER 29, 2023

Order processing and management the crucial parts of a restaurant business. It doesn’t matter whether you are an online or offline restaurant owner. If you are a restaurant owner you need to make your delivery quick. and make sure the fees align with your margins. Customers always looking for better service.

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POS Systems Blog Scheduling Information 45

LimeTray

APRIL 29, 2021

Online food delivery has been a gamechanger in the restaurant industry. Gone are the days of ringing up your favourite pizza place or Chinese restaurant to place an order. Naturally, online ordering is a profitable business model today and has given the industry a whole new makeover. . Let’s dive in. Mobile Optimisation.

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Reservations Customer Service Accounting Blog 52

Synergy Suite

JANUARY 4, 2024

This chapter will provide you with a comprehensive understanding of restaurant employee turnover rate, its types, causes, and specifically focus on the unique dynamics within the restaurant sector. In the restaurant industry, where staff interaction and customer service play pivotal roles, managing turnover is particularly critical.

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eZee Absolute

SEPTEMBER 11, 2023

I was at a restaurant when I saw Arjun sitting at a table across the room. In this blog, I will discuss everything Arjun told me (and what I know now) about dynamic pricing for hotels and how you can make the most out of it to mint revenue for your business. Arjun’s answer always brought a roll of laughter in our class. Jump to 2023.

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Xotels

APRIL 3, 2024

Start increasing your revenue today by reading our all-in-one ultimate guide on what is revenue management from our expert perspective as a hotel revenue management consulting company. Restaurants (increased special peak hour pricing or lower prices for the slowest days of the week to fill the restaurant).

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Pricing Book Budgeting Marketing 52

Synergy Suite

APRIL 17, 2023

These additions are designed to help our customers streamline their back-of-house operations, increase margins, and expand their operations. With these advancements and more, SynergySuite is poised to continue to revolutionize the way restaurants operate in 2023 and beyond.

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Scheduling Back of House Information Kitchen Operations 52

Synergy Suite

JANUARY 12, 2024

What is Restaurant Analytics? Restaurant analytics is the practice of collecting, analyzing, and interpreting data related to various aspects of restaurant operations. The goal is to gain actionable insights that can lead to improved decision-making, enhanced efficiency, and increased profitability.

POS Systems 52

POS Systems Information Pricing Accounting 52

Xotels

JULY 5, 2022

As any good hotel manager knows, it is relatively straightforward to hire bar and restaurant staff, but finding truly good waiting staff is a very difficult task. You can attract potential guests with a blog and dedicated package pages and through paid campaigns with Google and social platforms for relevant keywords. ZOKU Hotels.

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Travel and Tourism Marketing Communication Blog 52

Modern Restaurant Management

OCTOBER 29, 2019

" The Big Kahuna Burger theme will be part of the Interior where staff will be in costume and exterior of the restaurant with Big Kahuna Burger signage. “We are proud to make this pledge and we invite other restaurant and QSR companies to do the same.” Opportunities for community-driven content such as guest blog posts.

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Events Information Marketing Catering 87

Synergy Suite

MARCH 25, 2024

When it comes to running a restaurant, there are so many things you’d rather be doing than managing inventory. Proper inventory management is essential for any restaurant. With the right systems in place, you can streamline your operations and ultimately increase your profitability.

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Training Information Customer Service Demo 52

Synergy Suite

OCTOBER 19, 2023

In the restaurant industry, ensuring consistent revenue and profitability is a constant challenge. The average check size represents the amount of money a customer spends on average during a dining experience, making it a pivotal factor in your restaurant’s financial health. Average Check Size: What is it?

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Pricing Training Information Presentation 52

EATER

MARCH 1, 2021

As my own experience showed me, the accompanying shift in profit margins and exposure has revealed an uncomfortable truth: The fermentation industry, like any other, has a whiteness problem. giving fermentation lectures and demonstrations.

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Workshop Marketing Presentation Blog 135

SiteMinder

DECEMBER 20, 2023

To ensure you’re operating at a profit, you’ll need to understand pricing at your hotel and optimise your pricing strategy so that you maximise the revenue that you generate per room and per guest. What is the average profit margin of running a hotel? Where do you want to be? Within the next 12 months?

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Book Housekeeping Pricing Communication 59

Modern Restaurant Management

SEPTEMBER 25, 2020

Those are profits many brick-and-mortar restaurants would look at with envy. His goal is to open a physical location for his restaurant, something he hopes to accomplish in the next year. Why did he opt for a food truck instead of a restaurant—and how did he achieve success so quickly? Lower start-up expenses.

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Event Coordination Events Blog Article 231

Synergy Suite

OCTOBER 26, 2023

Running a successful restaurant is not just about creating delicious dishes and providing excellent service; it’s also about managing your finances effectively. One crucial aspect of financial management in the restaurant industry is understanding and optimizing the Cost of Goods Sold (COGS). What is COGS?

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Pricing Portion Control Communication Menu Planning 52

7 Shifts

MAY 11, 2020

It’s been months since restaurants across the US, Canada, and beyond were forced to shutter their dining areas in the wake of the COVID-19 outbreak. Plus, as part of our COVID-19 resources initiative , it’s time we pivot our own content to help your restaurant have a successful reopening. I'm so sorry, I'm not doing that anymore.’

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