article thumbnail

Restaurant Sales and Revenue Data: What It Is, and How to Use It

Synergy Suite

This could include renting out space or property to other businesses or for events, any sort of income generated from membership or loyalty programs, income generated from partnerships or joint promotions, or income from catering services that are above and beyond the price of just the food.

article thumbnail

Sales Per Man Hour (SPMH): Understanding and Improving it In Your Restaurant

Synergy Suite

It includes income from food and beverage sales, as well as any other sources of revenue, such as catering or merchandise. But you can also focus solely on the efficiency of your labor on sales by making the same calculations using only food sales. Continuously adapt to changing customer preferences and market conditions.

article thumbnail

[Guide] Restaurant Management Tips & Tactics: 2019 Field Guide

7 Shifts

Marketing and advertising : Market your restaurant to help achieve optimal restaurant capacity (social media and review management included). For more information on food cost and how to control it, read Restaurant Food Cost: Master Operational Risk Today. Implement Labor Cost Controls.