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Simple Restaurant Marketing Plan for 2020 [PDF Template]

7 Shifts

So far, 2020 has thrown marketing plans, advertising budgets, and restaurant growth out of the window. Whatever plans and forecasts you had for your restaurant are yesterday’s bread now. But as restaurants reopen and business starts to pick up again, it’s important you pick up your marketing plan too.

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7 Restaurant Management Book Recommendations

7 Shifts

While you must follow the strict guidelines to ensure the safety of your staff and customers, that’s not to say you can’t take advantage of an empty restaurant to improve your knowledge of restaurant management, running a business, and creating a recipe for success when you eventually get back to business as usual. Published: 2017 ??

Book 148
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What is Hotel Revenue Management?

Xotels

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. Revenue Strategies & Tactics Market Segmentation Hotel Pricing Strategies Forecasting & Budgeting Properly How to Distribute Effectively?

Pricing 52
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Inventory Turnover Ratio for Restaurants: Maximizing Inventory Efficiency

Synergy Suite

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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Restaurant Accounting Software: Gain Insight Into Your Financial Operations

Synergy Suite

A powerful tool, restaurant accounting software can revolutionize the financial management of your food service establishment. What is Restaurant Accounting Software? Restaurant accounting software is a specialized software solution designed to manage financial and accounting tasks specific to the restaurant industry.

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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. Restaurant labor cost percentage is a bit different than just plain old restaurant labor cost.

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Hotel dynamic pricing: Definition, examples, and best software to use

SiteMinder

This blog will give you a full guide to hotel dynamic pricing, how it works, and the best ways to implement it at your business. Improve forecasting – Compare historical data with current market conditions to get an idea of what you can set your rates at in the future. Naturally, you want to increase rates at this point.

Pricing 59