Remove Cost Reduction Remove Customer Service Remove Marketing Remove Pricing
article thumbnail

Growing a Restaurant Strategically – The Keys Are Alignment, Timing and Control

Modern Restaurant Management

They research potential new offerings extensively, preparing thoroughly before launching rather than rushing to market. They must connect to priorities across key operations, marketing, customer service and finance roles. Sustainable restaurant expansion requires balancing excitement with patience and perspective.

article thumbnail

Definition of revenue growth strategies

Les Roches

The focus is on ide­ntifying and capitalizing on new growth opportunities within the curre­nt customer base as well as attracting ne­w customers. Key areas of improve­ment include sales, marke­ting, customer service and product offe­rings, with the ultimate goal of maximizing revenues in all possible areas.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Prime Costs: Understanding and Application for Restaurants

Synergy Suite

Why Prime Costs Matter in the Restaurant Business The significance of prime costs lies in their comprehensive representation of direct expenses associated with both the production of culinary offerings and the workforce essential to their creation.

article thumbnail

How To Open A Cloud Kitchen In The UAE

The Restaurant Times

If you wish to set up your cloud kitchen in the UAE, you will need to get a trade license from the Department of Tourism and Commerce Marketing and a Food License from the Food Safety Department. Your customer service is dependent on delivery, which is often an external source. . Managing Delivery Services.

article thumbnail

MRM Research Roundup: Mid-December 2019 Edition

Modern Restaurant Management

percent year over year according to Black Box Intelligence’s Market Share Report. Restaurants have had to keep up with this growth from a staffing standpoint amid the most difficult labor market in decades. Verbal skills, customer service and multi-tasking are the top 3 skills needed to work in the events industry. "The

Events 128
article thumbnail

Labor Cost Percentage for Restaurants: The Ins and Outs

Synergy Suite

By staying proactive with regular wage analysis, restaurants can make informed decisions about menu pricing adjustments and operational efficiencies to counterbalance the impact of rising labor costs. Analyze wage rates and compare them to market averages. Invest in automation and technology solutions (e.g.,